Surge Arrester Market – Trends Forecast Till 2028

Global Surge Arrester Market is anticipated to reach USD 2.1 billion in 2021 growing at a CAGR of 5.1% during the forecasting period, 2021-2028.

Surge arresters are the protection material that is used in transmission and distribution networks for the protection of electrical equipment. It works by diverting the extra voltage into the earth wire and also ensure a normal voltage supply thus protecting the electrical device. These surge arresters are classified on the basis of their protecting ability, durability, and electricity diverting power. The so formed classifications are 1. Station arrester 2. Intermediate arrester, and distribution arrester. Station arresters provide the highest protection and find applications in areas with a strong surge. Intermediate arrester provides middle range protection and thus has wide applicability in dry-type transformers. The last protection is offered by distribution arrester and finds use in middle voltage network where the voltage is about 600-35000 volts.