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Premium Report Details
Base Year: 2024
Companies covered: 19
Tables & Figures: 23
Countries covered: 5
Pages: 125
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Europe Surge Arrester Market
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Europe Surge Arrester Market Size
The Europe surge arrester market was estimated at USD 442.8 million in 2024 and is estimated to reach the value of USD 756.9 million by 2034, growing at a CAGR of 5.4% from 2025 to 2034. The region's emphasis on the integration of renewables into the grid as well as the grid’s reliability and infrastructure development is driving the market.
The growing need for reliable overvoltage protection schemes has an associated steady growth in demand. There is a rising adoption of surge arresters across the utilities and industrial sectors due to the European Union’s stringent regulatory policies and safety requirements.
The evolution of charging infrastructure for electric vehicles, in conjunction with the transition to smart grids, is bolstering further market growth. Technological innovations, including sophisticated monitoring systems, compact designs, and enhanced functionality have resulted in improvements in product efficiency.
For example, Excount-III was recently launched by ABB in 2023, which allows remote, real-time monitoring of high-voltage surge arresters and other systems, thereby enhancing system reliability and advancing digital grids, including progress in infrastructure systems.
As European specialized firms and international manufacturers invest in new technologies and forge strategic coalitions, the competition on the market is growing due to changes in demand and enhancement of clients' needs.
Europe Surge Arrester Market Trends
Europe Surge Arrester Market Analysis
Europe Surge Arrester Market Share
The top five companies in the Europe surge arrester industry include Siemens Energy, ABB, Eaton, DEHN, Phoenix Contact, and Hitachi Energy which held a market share of above 540% in the year 2024. These organizations are well-known for their strong product portfolios, technology advancements, and presence of sales channels. Their strong regional operations and adherence to European safety standards support their competitive positioning.
Siemens Energy holds the largest market share in the Europe surge arrester market, driven by its strong regional presence, advanced product portfolio, and emphasis on grid modernization. The firm's relationships with European utilities and infrastructure developers provide the firm with a sustainable market for their high-performance surge protection solutions.
Through innovation and complying with EU energy standards, the company has remained the preferred choice for numerous high-voltage applications, thus maintaining a competitive stance. For example, in February 2024, Schneider Electric introduced the Acti9 Active, a modular circuit protection range for the UK which now focuses on high-risk buildings and improves safety as well as sustainability performance.
Europe Surge Arrester Market Companies
Europe Surge Arrester Industry News
This Europe surge arrester market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million’ & ‘000 Units” from 2021 to 2034, for the following segments:
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Market, By Voltage
Market, By Class
Market, By Material
Market, By Application
The above information has been provided for the following countries: