Surge Arrester Market worth $1.9 Billion by 2025
The global Surge Arrester Market size is expected to grow from an estimated USD 1.5 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 4.9% during the forecast period. The rising demand for electricity in APAC and the growing focus of on increasing renewable energy installed capacity are encouraging utilities to invest in the electricity transmission and distribution networks, as well...
Surge Arrester Market Expected to Reach $1.9 Billion by 2025
The global Surge
Arrester Market size is expected to grow from an estimated USD 1.5 billion
in 2020 to USD 1.9 billion by 2025, at a CAGR of 4.9% during the forecast
period. The rising demand for electricity in APAC and the growing focus of on
increasing renewable energy installed capacity are encouraging utilities to
invest in the electricity transmission and distribution networks, as well as in
electrification...
Surge Arrester Market Size to Reach $1.9 Billion by 2025
The global Surge
Arrester Market is projected to reach USD 1.9 billion by 2025 from an
estimated USD 1.5 billion in 2020, at a CAGR of 4.9% during the forecast
period. The rising demand for electricity in APAC and the growing focus of on
increasing renewable energy installed capacity are encouraging utilities to invest
in the electricity transmission and distribution networks, as well as in
electrification...
Surge Arrester Market 2020 to Grow at a CAGR of 4.9% by 2025
According to the new market research report
“Surge Arrester Market by Type (Polymeric, Porcelain), Voltage
(Medium, High, Extra High), Class (Distribution, Intermediate, Station),
End-User (Utilities, Industries, Transportation), Application and Region –
Global Forecast to 2025″, published
by MarketsandMarkets™, the global Surge Arrester Market is projected to reach
USD 1.9 billion...
Surge Arrester Market Set for Rapid Growth to Reach $2.01 Billion by 2023
The surge arrester market is expected to grow from an estimated USD 1.56 Billion in 2018 to USD 2.01 Billion by 2023, at a CAGR of 5.11%, during the forecast period. Investments in smart grids and energy systems, protection of equipment from failure caused by frequent voltage spikes, and aging power infrastructure are some of the factors driving the growth of surge arrester market. The market has been...