Global Transmission Line Arrester Market Research Report 2023(Status and Outlook)

Global Transmission Line 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 (transmission line arrester) and secondary class.

A line arrester is any arrester that is applied on the lines of a power system to reduce the risk of insulator flashover during surge events. A line arrester is not generally used to protect equipment. Substation type arresters as well as distribution type arrester can be used for line protection and in this case are then considered line arresters.

Transmission line arrester is a line arrester applied on a transmission line.

China is the largest Transmission Line Arrester market with about 17% market share. Europe is follower, accounting for about 16% market share.

The key players are ABB, SIEMENS, Hubbell, Cooper, TOSHIBA, MEIDEN (TRIDELTA), Streamer, Lamco, Shreem, Jingguan, China XD, Fushun Electric Porcelain, Hengda ZJ, PG Toshiba (Langfang) Arrester, FVA Electric Apparatus, Silver Star, Yikun Electric etc. Top 3 companies occupied about 27% market share.

The Global Transmission Line Arrester Market Size was estimated at USD 134.2 million in 2022 and is projected to reach USD 142.89 million by 2029, exhibiting a CAGR of 0.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Transmission Line 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 Transmission Line 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 Transmission Line Arrester market in any manner.

Global Transmission Line 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

Cooper

TOSHIBA

MEIDEN (TRIDELTA)

Streamer

Lamco

Shreem

Jingguan

China XD

Fushun Electric Porcelain

Hengda ZJ

PG Toshiba (Langfang) Arrester

FVA Electric Apparatus

Silver Star

Yikun Electric

Market Segmentation (by Type)

Below 35KV

Between 35KV and 110KV

Above 110KV

Market Segmentation (by Application)

Power Transmission

Power Distribution

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 Transmission Line Arrester Market

Overview of the regional outlook of the Transmission Line 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