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Distribution Surge Arrester Market Size
- Report ID: GMI8075
- Published Date: Feb 2024
- Report Format: PDF
Distribution Surge Arrester Market Size
Distribution Surge Arrester Market was valued at USD 506.7 million in 2023 and is anticipated to grow at a CAGR of 5.7% by 2032. The increasing demand for reliable electricity distribution networks, particularly in emerging economies are among the key factors augmenting the industry landscape.
The growing investments in infrastructure development, including urbanization projects and the expansion of industrial facilities, are driving the adoption of distribution class surge arresters to safeguard electrical equipment and systems from transient over-voltages. Moreover, stringent regulatory standards and safety regulations mandating the use of surge protection devices in distribution networks are further augmenting market growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Distribution Surge Arrester Market Size in 2023: | USD 506.7 Million |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 5.7% |
| 2032 Value Projection: | USD 844.5 Million |
| Historical Data for: | 2019 to 2023 |
| No. of Pages: | 475 |
| Tables, Charts & Figures: | 624 |
| Segments covered: | Voltage, Material, Application, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Distribution Surge Arrester Market Scope
