Global Transmission Line Arrester Market Growth 2023-2029

Global Transmission Line Arrester Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Transmission Line Arrester Industry Forecast” looks at past sales and reviews total world Transmission Line Arrester sales in 2022, providing a comprehensive analysis by region and market sector of projected Transmission Line Arrester sales for 2023 through 2029. With Transmission Line Arrester sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transmission Line Arrester industry.

This Insight Report provides a comprehensive analysis of the global Transmission Line 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 Transmission Line Arrester portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Transmission Line Arrester market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transmission Line 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 Transmission Line Arrester.

The global Transmission Line Arrester market size is projected to grow from US$ 132.3 million in 2022 to US$ 167.4 million in 2029; it is expected to grow at a CAGR of 167.4 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Transmission Line Arrester market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Below 35KV

Between 35KV and 110KV

Above 110KV

Segmentation by application

Electric Power Sector

Transportation Sector

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Transmission Line Arrester market?

What factors are driving Transmission Line Arrester market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Transmission Line Arrester market opportunities vary by end market size?

How does Transmission Line Arrester break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.