DUBLIN--(BUSINESS WIRE)--The "Global Surge Arrester Market-Technologies, Market share and Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
Global surge arrester market is expected to rise with a CAGR of 5% during forecast period 2017-2024
Key factors driving the market growth are investments in smart grids & energy systems demand to minimize equipment failure caused due to frequent voltage spikes, aging power infrastructure, increasing power consumption and growing industrialization in emerging economies. Increasing competition from the unorganized sector is expected to restrain the market growth.
However, growing cross-border electricity trade, investments in transmission & distribution infrastructure and increased production of electricity from non-renewable resources are expected to provide lucrative market opportunities. Delays in grid expansion projects is expected to challenge the market growth.
Global surge arrester market is influenced by presence of leading companies such as ABB Group (Switzerland), General Electric (U.S.), Legrand S.A. (France), Mitsubishi Electric (Japan), Schneider electric (France).
Key Topics Covered:
2. Market Overview
3. Market Determinants
4. Global Surge Arrester Market By Type
5. Global Surge Arrester Market By Class
6. Global Surge Arrester Market By Voltage
7. Global Surge Arrester Market By End-User
8. Competitive Landscape
9. Geographic Analysis
10. Company Profiles
- ABB Group (Switzerland)
- CG Power (India)
- Eaton Corporation Plc (Ireland)
- Elpro (India)
- Emerson Electric (U.S.)
- General Electric (U.S.)
- Hubbell Incorporated (U.S.)
- Lamco (India)
- Legrand S.A. (France)
- Mitsubishi Electric (Japan)
- NGK Insulators (Japan)
- Raycap Corporation (Cyprus)
- Schneider Electric (France)
- Siemens AG (Germany)
- TE Connectivity (Switzerland)
For more information about this report visit https://www.researchandmarkets.com/research/r29xv8/global_surge?w=4