Global Lightning Arrester Market Research Report 2023(Status and Outlook)

Global Lightning Arrester Market Research Report 2023(Status and Outlook)

Report Overview

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.

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.

The Global Lightning Arrester Market Size was estimated at USD 1108.3 million in 2022 and is projected to reach USD 1264.38 million by 2029, exhibiting a CAGR of 1.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Lightning Arrester market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Lightning Arrester Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Lightning Arrester market in any manner.

Global Lightning Arrester Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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 Segmentation (by Type)

Below 35 KV

35-110 KV

Above 110 KV

Market Segmentation (by Application)

Apparel

Home Textile

Industrial

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Lightning Arrester Market

Overview of the regional outlook of the Lightning Arrester Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors