Growing Product Offerings in The Industry are Contributing to The Growth of The Surge Arrester market

Published: Jan 2024

The global surge arrester market is anticipated to grow at a CAGR of 4.8% during the forecast period (2023-2030).  Growing product offerings and use cases in the industry are contributing to the growth of the global surge arrester market. For instance, In August 2023, Wenzhou Tosun Electric Co., Ltd. launched the TSP8, a surge protector designed to safeguard electronic devices from voltage spikes and surges, against power fluctuations, lightning strikes, and electrical abnormalities. According to the company, it is suitable for both residential and commercial use, providing 8 outlets for various devices. Additional features include a built-in circuit breaker, a grounded 3-prong plug for safety, and a space-saving design. 

Browse the full report description of “Surge Arrester Market Size, Share & Trends Analysis Report by Voltage (Low Voltage, Medium Voltage, High Voltage), by Application (Industrial, Commercial, Residential), and by Class (Distribution Class, Intermediate Class, Station Class) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/surge-arrester-market

In April 2022, Transtector Systems, part of Infinite Electronics, launched a line of DIN-rail DC surge protectors designed to prevent damage from lightning strikes and transient voltage in electronic equipment with applications in telecommunications networks, industrial sites, and clean-energy networks, in the voltage range from 48 to 1500 Vdc. As per the company, the products feature 50kA metal oxide varistor (MOV) protection technology and provide local and remote status indicators. 

In May 2023, Semtech Corporation expanded its Transient Voltage Suppressors (TVS) product line with the introduction of the RClamp0822B. According to the company, this addition to the RClamp platform is designed for circuit protection solutions, particularly for safeguarding high-speed data interfaces, and can be used for applications in industrial, data center, and telecommunication settings by offering surge protection and electrostatic discharge (ESD) capabilities. 

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Voltage

o By Application

o By Class

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- The major companies in the global surge arrester market include Legrand S.A, ABB Ltd, and Eaton Corporation PLC among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Surge Arrester Market Report Segment

By Voltage

  • Low Voltage
  • Medium Voltage
  • High Voltage

By Application

  • Industrial
  • Commercial
  • Residential

By Class

  • Distribution Class
  • Intermediate Class
  • Station Class

Global Surge Arrester Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/surge-arrester-market