Surge Arrester Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Surge Arrester Market is segmented By Product (Solar Street Lights, Solar Garden Lights, Solar Flood Lights, Solar Spotlights, Solar Lamp Posts), By Application (Residential, Commercial, Industrial, Public Infrastructure), By Grid Type (Off-grid, Hybrid, On-grid), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned.

Surge Arrester Market is segmented By Product (Solar Street Lights, Solar Garden Lights, Solar Flood Lights, Solar Spotlights, Solar Lamp Posts), By A....

Surge Arrester Market Size

Market Size in USD

CAGR5.72%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	5.72%
Market Concentration	Medium
Major Players	Siemens AG, ABB AG, General Electric (GE), Schneider Electric SE, Eaton Corporation

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Surge Arrester Market Analysis

The surge arrester market is estimated to be valued at USD 1.85 Bn in 2024 and is expected to reach USD 2.73 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.72% from 2024 to 2031. Growing grid infrastructure projects and stringent regulations regarding grid reliability & safety are fueling growth of the surge arrester market.

Surge Arrester Market Report Snapshots

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