Home > Energy & Power > Electrical Equipment > Surge Arrester > Polymer Surge Arrester Market

Polymer Surge Arrester Market Share

Report ID: GMI7587
Published Date: Dec 2023
Report Format: PDF

Download Free Sample

Polymer Surge Arrester Market Share

ABB commands a significant market share in the polymer surge arrester segment owing to its distinguished technological innovations, extensive global presence, and proven track record of delivering high-quality electrical protection solutions. With a strong emphasis on research and development, ABB consistently introduces cutting-edge surge arrester products tailored to meet diverse industry needs. Its strategic partnerships, customer-centric approach, and robust distribution network further solidify its market leadership. ABB's commitment to reliability, efficiency, and innovation has earned the trust of customers worldwide, establishing it as a formidable force in the polymer surge arrester market.

Some of the key market players operating across the polymer surge arrester industry are:

TE Connectivity
ABB
General Electric
CG Power & Industrial Solutions Ltd.
Eaton
Siemens Energy
Hubbell
Izoelektro
INAEL, S.A.
CHINT Group
DEHN SE
Ensto
Elpro
Surgetek
Hangzhou Yongde Electric Appliances Co.,Ltd
Compaq International (P) Limited
Zhejiang Volcano Electrical Technology Co.,Ltd
Rashtriya Electrical And Engineering Corporation
Electric Powertek
Zhejiang Ruili ELectric Co.,Ltd
Toshiba Energy Systems & Solutions Corporation

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of polymer surge arrester reached USD 800 million in 2022 and is set to register over 5.5% CAGR from 2023 to 2032, due to the increasing demand for reliable and efficient power transmission and distribution systems worldwide.

Medium voltage polymer surge arrester segment is poised to witness 5.5% CAGR through 2032, owing to the heightened demand for resilient distribution networks, driven by the proliferation of residential and commercial establishments.

Asia Pacific market is projected to grow at 4.5% CAGR from 2023 to 2032, attributed to the rapid urbanization, infrastructural development, and expanding industrialization in the region.

TE Connectivity, ABB, General Electric, CG Power & Industrial Solutions Ltd., Eaton, Siemens Energy, Hubbell, Izoelektro, and INAEL, S.A. are some of the major polymer surge arrester companies worldwide.