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.
Lightning arrester product demand is in a certain space, and the main consumer countries are moderately developed countries and developed countries.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
In the last few years, the total number of new type of lightning arrester developed by domestic manufacturers is limited. This shows that the efforts to develop new product in China is not enough, but also shows that the allocation space of domestic lightning arrester still need to expand. There is still a big gap compared with the imported lightning arrester.
According to this study, over the next five years the Lightning Arrester market will register a 1.7% CAGR in terms of revenue, the global market size will reach USD 1370 million by 2024, from USD 1240 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Lightning Arrester business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Lightning Arrester market by product type, application, key manufacturers and key regions and countries.
This study considers the Lightning Arrester value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Station Class(for substation)
Intermediate Class
Distribution Class(for transmission line)
Secondary Class
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Transmission Line
Substation
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Lightning Arrester consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Lightning Arrester market by identifying its various subsegments.
Focuses on the key global Lightning Arrester manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Lightning Arrester with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Lightning Arrester submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
