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Medium Voltage Surge Arrester Market Share

Report ID: GMI6730
Published Date: Sep 2023
Report Format: PDF

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Medium Voltage Surge Arrester Market Share

Leading manufacturers of medium voltage surge arresters are:

ABB
Siemens Energy
Eaton
Schneider Electric
CG Power & Industrial Solutions Ltd
General Electric
Hitachi Energy Ltd
Hubbell
Izoelektro
CHINT Group
DEHN SE
Ensto Elpro
Surgetek
TDK Electronics AG

These participants are ramping up their production capacities to expand global customer base.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of medium voltage surge arrester was worth USD 731.6 million in 2023 and will reach over USD 1.15 billion by 2032, due to the increasing awareness of the importance of protecting medium voltage electrical systems from transient over voltages worldwide.

Polymer-based medium voltage surge arrester industry will register more than 5.5% CAGR from 2023 to 2032, on account of the growing reliance on lighter and more compact ceramic arresters, that are easier to handle and install.

Asia Pacific medium voltage surge arrester market is expected to depict over 4% CAGR through 2032, owing to the rapid urbanization and industrialization along with the increasing need for reliable power distribution networks in the region.

ABB, Siemens Energy, Eaton, Schneider Electric, CG Power & Industrial Solutions Ltd., General Electric, Hitachi Energy Ltd., Hubbell, Izoelektro, CHINT Group, DEHN SE, Ensto, Elpro, Surgetek, and TDK Electronics AG are some of the major medium voltage surge arrester companies worldwide.