A Lightning Arrester is a device, used on power systems, which contains billions of electronic switches that divert lightning around sensitive equipment and protects them from damage of lightening and switching surges. There are four different classes of arresters, including station class, intermediate class, distribution class and secondary class.
LPI (LP Information)’ newest research report, the “Lightning Arrester Industry Forecast” looks at past sales and reviews total world Lightning Arrester sales in 2022, providing a comprehensive analysis by region and market sector of projected Lightning Arrester sales for 2023 through 2029. With Lightning Arrester sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lightning Arrester industry.
This Insight Report provides a comprehensive analysis of the global Lightning Arrester landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lightning Arrester portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lightning Arrester market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lightning Arrester and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lightning Arrester.
The global Lightning Arrester market size is projected to grow from US$ 1080.9 million in 2022 to US$ 1239.1 million in 2029; it is expected to grow at a CAGR of 1239.1 from 2023 to 2029.
China is the largest Lightning Arrester market with about 36% market share. USA is follower, accounting for about 17% market share.
The key players are ABB, Siemens, Hubbell, Eaton, TOSHIBA, Tridelta Meidensha GmbH, Streamer, Lamco, Shreem, Ensto, GE Grid, Jingguan, China XD, Fushun Electric Porcelain, Hengda ZJ, Henan Pinggao Electric, FVA Electric Apparatus, Silver Star, Yikun Electric etc. Top 3 companies occupied about 17% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Lightning Arrester market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Lightning Arrester Includes:
ABB
Siemens
Hubbell
Eaton
TOSHIBA
Tridelta Meidensha GmbH
Streamer
Lamco
Shreem
Ensto
GE Grid
Jingguan
China XD
Fushun Electric Porcelain
Hengda ZJ
Henan Pinggao Electric
FVA Electric Apparatus
Silver Star
Yikun Electric
Market Segment by Type, covers:
Below 35 KV
35-110 KV
Above 110 KV
Market Segment by Applications, can be divided into:
Transmission Line
Substation
Distribution Line
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lightning Arrester market?
What factors are driving Lightning Arrester market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lightning Arrester market opportunities vary by end market size?
How does Lightning Arrester break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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https://www.lpinformationdata.com/reports/449280/lightning-arrester-2029
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