Surge Arrester Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Surge Arrester Manufacturers and the market is segmented by Voltage (Low Voltage, Medium Voltage, and High Voltage), Application (Industrial, Commercial, and Residential), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Surge Arrester Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Surge Arrester Market Size

Surge Arrester Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 5.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Surge Arrester Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Surge Arrester Market Analysis

The Surge Arrester Market is expected to register a CAGR of greater than 5% during the forecast period.

  • Industrial sector is expected to witness a significant growth in forecast period, owing to various factors such as economic growth, and rise in industrial capacities of developing nations such as India, China, Etc.
  • The increasing demand for electrical energy to sustain global development requires consistent heavy investments in power supply generation. This has provided the market for surge arrester an opportunity to grow in recent years and is expected to do so in forecast period.
  • Asia Pacific is expected to dominate the market growth with majority of the demand coming from the countries such as the China and India, owing to the factors like economic growth in the emerging nations, increasing access to electricity, and rising industrial activities.

Surge Arrester Industry Overview

The surge arrester market is moderately fragmented with a lot of small and big active players. Some of the major companies are ABB Ltd., CG Power and Industrial Solutions Ltd, Siemens AG, Schneider electric SE, General Electric Company, Mitsubishi Electric Corporation, Legrand SA, among others.

Surge Arrester Market Leaders

  1. ABB Ltd

  2. CG Power and Industrial Solutions Ltd

  3. General Electric Company

  4. Siemens AG

  5. Schneider electric SE

  6. *Disclaimer: Major Players sorted in no particular order
Surge Arrester Market Concentration
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Surge Arrester Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast, in USD billion, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies & Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Voltage
    • 5.1.1 Low Voltage
    • 5.1.2 Medium Voltage
    • 5.1.3 High Voltage
  • 5.2 Application
    • 5.2.1 Industrial
    • 5.2.2 Commercial
    • 5.2.3 Residential
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 South America
    • 5.3.5 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 ABB Ltd.
    • 6.3.2 CG Power and Industrial Solutions Ltd
    • 6.3.3 Eaton Corporation PLC
    • 6.3.4 Emerson Electric Co.
    • 6.3.5 Legrand SA
    • 6.3.6 Siemens AG
    • 6.3.7 Mitsubishi Electric Corporation
    • 6.3.8 Raycap Corporation SA
    • 6.3.9 Schneider electric SE
    • 6.3.10 General Electric Company
    • 6.3.11 Advanced Protection Technologies Inc
    • 6.3.12 Leviton Manufacturing Company, Inc.,
    • 6.3.13 Littlefuse, Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Surge Arrester Industry Segmentation

The surge arrester market report include:

Voltage Low Voltage
Medium Voltage
High Voltage
Application Industrial
Commercial
Residential
Geography North America
Europe
Asia-Pacific
South America
Middle-East and Africa
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Surge Arrester Market Research FAQs

What is the current Surge Arrester Market size?

The Surge Arrester Market is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)

Who are the key players in Surge Arrester Market?

ABB Ltd, CG Power and Industrial Solutions Ltd, General Electric Company, Siemens AG and Schneider electric SE are the major companies operating in the Surge Arrester Market.

Which is the fastest growing region in Surge Arrester Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Surge Arrester Market?

In 2025, the North America accounts for the largest market share in Surge Arrester Market.

What years does this Surge Arrester Market cover?

The report covers the Surge Arrester Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Surge Arrester Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Surge Arrester Industry Report

Statistics for the 2025 Surge Arrester market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Surge Arrester analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.