Surge Arrester Market – Expected to grow at a CAGR of 5.5% The Biggest Trends to watch out for 2017-2023

Global Surge Arrester Market Information Report by Voltage (Low Voltage, Medium Voltage and High Voltage), by Application (Residential, Industrial and Commercial), and by Region - Global Forecast To 2023

Pune, India - October 12, 2017 /MarketersMedia/ —

Market Highlights
The market of surge arresters in mainly being driven due to the altering existence of the employed inhabitants, and the growing disposable income, which is generating a need for automated electronic products to lessen their domestic works. This in return is generating a demand for safeguarding these devices from huge voltage fluctuations. This need is boosting the growth for Surge Arresters Market. Furthermore, the growing awareness for need of renewable energy sources is also acting as a driver for the market. However, the introduction of electronic devices is also increasing the maintenance costs associated to electrical damages of the devices such as short circuit. Also, the installation of surge arresters involves high cost which is hindering the market from growth. In addition, the type of surge arresters vary from one device to another depending on the voltage ranges. These factors are restraining the growth of surge arresters.

Surge Arrester Market is expected to grow over the CAGR of more than 5.5% during the period 2015 to 2023

Industrial application is expected to hold the largest share in surge arrester market.
The report has been analyzed based on applications, voltage and regions. The industrial application segment is expected to witness a substantial growth because of the growing alternative energy system implementation around the world. The increase in the investment on digitally transforming the electrical, auto and manufacturing industries for achieving high production efficiency, is driving the market for surge arrester. Also urbanized infrastructure programs demanding protection of dwellings from voltage surge due to lightning strikes, is further expected to drive the market for surge arrester.

Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/4298

Key Players
The key players of global surge arrester market are
• Siemens AG (Germany),
• Eaton Corporation Plc. (Ireland),
• Littelfuse, Inc. (U.S.),
• ABB, Ltd. (Switzerland),
• Schneider Electric SE (France),
• General Electric (U.S.),
• Vertiv. (U.S),
• HAKEL spol. S r. o (Czech),
• Legrand S.A. (France),
• Mitsubishi Electric Corporation (Japan),
• Crompton Greaves Ltd. (India)
• Emerson Electric (U.S).

Globally, there is an increase in the need for communication systems, servers and datacenters due to the industrial initiative to facilitate data capture, remote maintenance and remote diagnostics. This initiative is largely being applied to electrical and automobile sectors. To protect the critical equipment that are being used in datacenters and communication systems facilities, there is an increasing need for the protection systems equipment. Additionally, installations of high end electronic equipment, increased use of personal computers and air-conditioning systems in the developing & developed economies, are driving the market growth for surge arrester. Also, a global increase in the use of alternative energy systems is also expected to the drive the market.

Scope of the Report

By Voltage
• Low Voltage
• Medium Voltage
• High Voltage
By Application
• Residential
• Industrial
• Commercial
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World

For further information on this report, visit @ https://www.marketresearchfuture.com/reports/surge-arrester-market-4298

Table of Content

1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Surge Protection Market, By Voltage
4.1 Introduction
4.2 Low Voltage
4.3 Medium Voltage
4.4 High Voltage
5 Global Surge Protection Market, By Application
Continue………..

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact Info:
Name: Akash Anand
Email: Send Email
Organization: Market Research Future
Address: Magarpatta Road, Hadapsar,
Phone: 6468459349

Source URL: https://marketersmedia.com/surge-arrester-market-expected-to-grow-at-a-cagr-of-5-5-the-biggest-trends-to-watch-out-for-2017-2023/249553

For more information, please visit https://www.marketresearchfuture.com

Source: MarketersMedia

Release ID: 249553

Latest News

Coca-Cola investing in sports drink maker BodyArmor

Aug 14, 2018

NEW YORK — Coca-Cola is buying a minority ownership stake in sports drink maker BodyArmor, for an undisclosed amount, marking the latest move by the world's biggest beverage maker to diversify its offerings. The Atlanta company said Tuesday the deal will allow it to increase its stake in BodyArmor. BodyArmor will get access to Coca-Cola's bottling system, which the companies say could increase distribution. Coca-Cola also makes the sports drink Powerade, while rival PepsiCo Inc. makes the more popular Gatorade. Coca-Cola has been investing in newer drinks to become what CEO James Quincey calls a "total beverage" company as Americans...

Tesla forming committee to assess proposal to go private

Aug 14, 2018

PALO ALTO, Calif. — Tesla is forming a special committee to evaluate proposals to take the company private one week after CEO Elon Musk said he was considering it. The committee, made up of three independent directors, said Tuesday that it has not received any formal proposal from Musk. Musk tweeted on Aug. 7 that he had "funding secured" to buy Tesla shares at $420 per share. That tweet may have created a sticky situation for Musk as it appears the funding may not be locked up yet. According to Musk, the tweet followed a meeting with Saudi Arabia's Public...

Trump lashes out at Omarosa, calls her 'that dog'

Aug 14, 2018

WASHINGTON — President Donald Trump escalated his messy clash with former aide Omarosa Manigault Newman on Tuesday, referring to the longtime colleague, who had been the top African-American in his White House, as "that dog!" Trump tweeted a barrage of insults Tuesday morning as Manigault Newman continued promoting her White House tell-all and releasing secret audio recordings. Her book paints a damning picture of Trump, including her claim that he used racial slurs on the set of his reality show "The Apprentice." "When you give a crazed, crying lowlife a break, and give her a job at the White House,...

Icahn ends Cigna-Express Scripts campaign, shares bounce

Aug 14, 2018

Shares of Express Scripts are moving higher before the opening bell after activist investor Carl Icahn ended a short-lived fight to scuttle Cigna's takeover of the pharmacy benefit manager. Icahn said late Monday that he'll end his campaign to convince Cigna shareholders to vote against the roughly $52-billion deal this month. He noted that two prominent shareholder advisory firms support it and that there is significant stockholder overlap between the companies. Icahn argued in a lengthy letter to fellow shareholders last week that Cigna was "dramatically overpaying" for Express Scripts. He says he holds stakes in each company. Institutional Shareholder...

Global markets stabilize as Turkey jitters ease

Aug 14, 2018

BEIJING — Most global stock markets steadied Tuesday as worries subsided over Turkey's currency crisis and its potential impact on other countries. KEEPING SCORE: Germany's DAX rose 0.2 percent to 12,376 and France's CAC 40 was up less than 0.1 percent to 5,414 after economic growth figures for the eurozone were revised up. London's FTSE 100 shed 0.2 percent to 7,628. On Wall Street, futures for the Standard & Poor's 500 index and Dow Jones industrial average were up 0.3 percent. ASIA'S DAY: The Shanghai Composite Index lost 0.2 percent to 2,780.96 while Tokyo's Nikkei 225 added 2.3 percent to...

Search

Deck Biz is an intelligent platform providing international and regional business news updates. You won’t get these insights elsewhere other than Deck Biz.

Contact us: sales@deckbiz.com