Global GIS Tank-Type Surge Arrester Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global GIS Tank-Type Surge Arrester Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global GIS Tank-Type Surge Arrester market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The market prospect for GIS Tank-Type Surge Arresters in the electrical industry is promising. With the increasing demand for reliable and efficient electrical power systems, there is a growing need for effective surge protection devices. GIS Tank-Type Surge Arresters offer specialized surge protection within gas-insulated switchgear substations, ensuring the safety and longevity of critical equipment. As the usage of GIS substations expands, particularly in urban areas where space is limited, the demand for these surge arresters is expected to rise. Manufacturers and suppliers in the electrical protection sector have the potential to capitalize on this growing market opportunity, providing reliable and durable surge protection solutions for GIS substations.

The GIS (Gas Insulated Switchgear) Tank-Type Surge Arrester is an essential component used in electrical power systems to protect the equipment from voltage surges and transients. This surge arrester is specifically designed to be installed in GIS substations, which utilize compact switchgear systems filled with insulating gas like sulfur hexafluoride (SF6). The GIS Tank-Type Surge Arrester is installed within the GIS enclosure to provide effective surge protection. It consists of a series of metal-oxide resistors enclosed in a sealed tank, filled with a protective insulating gas. The tank is usually made of stainless steel or other corrosion-resistant materials to ensure long-term reliability in harsh environmental conditions. When a voltage surge or transient occurs in the electrical system, the GIS Tank-Type Surge Arrester rapidly conducts the excess energy to the ground, diverting it away from sensitive equipment. The metal-oxide resistors within the surge arrester have a high resistance at normal voltages, but as the voltage exceeds a specific threshold, their resistance decreases significantly, allowing the surge energy to be safely discharged into the ground. This surge arrester offers multiple advantages in GIS substations. It provides robust protection against destructive voltage spikes, minimizing the risk of damage to the GIS equipment, such as circuit breakers, transformers, and other crucial components. By preventing equipment failure and downtime, the GIS Tank-Type Surge Arrester helps maintain the reliability and longevity of the electrical power system. Furthermore, the sealed tank design of the arrester ensures its durability and reliability in harsh environmental conditions, including high humidity, pollution, and corrosive gases. It also reduces the need for regular maintenance and extends the service life of the surge arrester. In summary, the GIS Tank-Type Surge Arrester is a vital element in GIS substations, providing effective surge protection for critical electrical equipment. Its ability to rapidly divert excessive energy and withstand tough environmental conditions makes it an essential part of power system reliability and safety.

This report is a detailed and comprehensive analysis for global GIS Tank-Type Surge Arrester market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global GIS Tank-Type Surge Arrester market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global GIS Tank-Type Surge Arrester market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global GIS Tank-Type Surge Arrester market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029

Global GIS Tank-Type Surge Arrester market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023.

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for GIS Tank-Type Surge Arrester

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace.

This report profiles key players in the global GIS Tank-Type Surge Arrester market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE, Mitsubishi Electric, Siemens, ABB and Hitachi, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

GIS Tank-Type Surge Arrester market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Ultra High Voltage GIS Tank-Type Surge Arrester
High Voltage GIS Tank-Type Surge Arrester
Low Voltage GIS Tank-Type Surge Arrester

Market segment by Application
Power System
Transmission System
Distribution System
Substation System

Major players covered
GE
Mitsubishi Electric
Siemens
ABB
Hitachi
CG Power & Industrial Solutions
Chint Group
Ningbo Zhenhai Guochuang High-Voltage Electric Appliances
Xi'an Shendian Electric
Jinguan Electric

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe GIS Tank-Type Surge Arrester product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of GIS Tank-Type Surge Arrester, with price, sales, revenue and global market share of GIS Tank-Type Surge Arrester from 2018 to 2023.

Chapter 3, the GIS Tank-Type Surge Arrester competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the GIS Tank-Type Surge Arrester breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and GIS Tank-Type Surge Arrester market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of GIS Tank-Type Surge Arrester.

Chapter 14 and 15, to describe GIS Tank-Type Surge Arrester sales channel, distributors, customers, research findings and conclusion.