PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807122
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807122
Porcelain Surge Arrester Market Introduction and Overview
According to SPER Market Research, 'Global Porcelain Surge Arrester Market Size- By Voltage, By Class, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2034' the Global Porcelain Surge Arrester Market is estimated to reach USD 1468.04 Million by 2033 with a CAGR of 4.56%.
Porcelain surge arresters protect electrical equipment from voltage spikes caused by lightning or switching. They divert excess voltage to the ground, preventing damage and ensuring system reliability. They work by safely diverting the excess voltage to the ground, ensuring the stability and safety of power systems. These arresters feature a strong porcelain outer shell, offering high durability, insulation, and resistance to extreme weather. Commonly used in utility networks, substations, and industrial setups, they are valued for their long service life and reliability.
Restraints: Despite strong growth prospects, the porcelain surge arrester market faces several challenges. One of the primary restraints is the high cost of porcelain surge arresters compared to polymer alternatives, both in terms of initial investment and installation. Porcelain units are heavier, more brittle, and more vulnerable to damage from environmental factors like moisture or mechanical impact, leading to increased maintenance costs.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Voltage, By Class, By Application
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered ABB, CG Power, CHINT Group, DEHN, Eaton, Electric Powertek, Elpro, Ensto, General Electric, and Hangzhou Yongde Electric.
Global Porcelain Surge Arrester Market Segmentation:
By Voltage: Based on the Voltage, Global Porcelain Surge Arrester Market is segmented as; Low, Medium, High.
By Class: Based on the Class, Global Porcelain Surge Arrester Market is segmented as; Distribution, Intermediate, Station.
By Application: Based on the Application, Global Porcelain Surge Arrester Market is segmented as; Residential & commercial, Industrial, Utility.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.