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According to our (Global Info Research) latest study, the global Lightning Arrester market size was valued at USD 1136.9 million in 2023 and is forecast to a readjusted size of USD 1289.7 million by 2030 with a CAGR of 1.8% during review period.
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 Info Research report includes an overview of the development of the Lightning Arrester industry chain, the market status of Transmission Line (Below 35 KV, 35-110 KV), Substation (Below 35 KV, 35-110 KV), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Lightning Arrester.
Regionally, the report analyzes the Lightning Arrester markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Lightning Arrester market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Lightning Arrester market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Lightning Arrester industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Below 35 KV, 35-110 KV).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Lightning Arrester market.
Regional Analysis: The report involves examining the Lightning Arrester market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Lightning Arrester market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Lightning Arrester:
Company Analysis: Report covers individual Lightning Arrester manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Lightning Arrester This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Transmission Line, Substation).
Technology Analysis: Report covers specific technologies relevant to Lightning Arrester. It assesses the current state, advancements, and potential future developments in Lightning Arrester areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Lightning Arrester market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Lightning Arrester market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Below 35 KV
- 35-110 KV
- Above 110 KV
Market segment by Application
- Transmission Line
- Substation
- Distribution Line
Major players covered
- 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 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 Lightning Arrester product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Lightning Arrester, with price, sales, revenue and global market share of Lightning Arrester from 2019 to 2024.
Chapter 3, the Lightning Arrester competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lightning Arrester breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
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 2023.and Lightning Arrester market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Lightning Arrester.
Chapter 14 and 15, to describe Lightning Arrester sales channel, distributors, customers, research findings and conclusion.