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

More News From digitalpressnetwork.com

FBI Director Wray says Russia continues to sow discord in US

Jul 19, 2018

ASPEN, Colo. — FBI Director Christopher Wray said Wednesday that Russia continues to use fake news, propaganda and covert operations to "spin up" Americans on both sides of hot-button issues to sow discord in the United States. Wray stood behind the intelligence agencies' assessment that Moscow meddled in the 2016 presidential election, dismissing Russian President Vladimir Putin's claim that his country was not involved. "He's got his view. I can tell you what my view is," Wray said at the opening event of the Aspen Security Forum in Colorado. "The intelligence community's view has not changed. My view has not...

Lyft beefing up background checks after latest driver arrest

Jul 19, 2018

SAN FRANCISCO — Ridesharing company Lyft said Wednesday that it's beefing up its background checks after a driver arrested for rape was found to be in the United States illegally. The company's "enhanced detection processes" will apply to new applicants and existing drivers, Lyft spokeswoman Kate Margolis said. She declined to discuss the changes in detail. San Francisco Police arrested Lyft driver Orlando Vilchez Lazo, 36, last week and charged him with raping four women who he lured to his car pretending to be their rideshare driver. The company fired Vilchez Lazo on Friday, Margolis said. Margolis and police investigators...

Dodgers land All-Star shortstop Manny Machado from Orioles

Jul 19, 2018

The Los Angeles Dodgers have won the Manny Machado sweepstakes, getting the prized All-Star shortstop from the Baltimore Orioles in a trade Wednesday night. The Orioles received five prospects in the deal: outfielder Yusniel Diaz, right-hander Dean Kremer, third baseman Rylan Bannon, righty Zach Pop and third baseman Breyvic Valera. Machado, a 26-year-old power hitter with extraordinary fielding skills, greatly improves the Dodgers' chances of reaching the World Series for a second consecutive year. He led Baltimore in batting average (.315), home runs (24) and RBIs (65). Machado is expected to be introduced in Milwaukee on Friday before the Dodgers...

Machado exit could start a trend for underachieving Orioles

Jul 19, 2018

BALTIMORE — Buried in the AL East cellar and well on their way to a second straight losing season, the Baltimore Orioles enter the so-called second half with this unavoidable realization: It's time to break up the band. The trade of shortstop Manny Machado to the Los Angeles Dodgers on Wednesday night started the inevitable rebuilding process for a team that has bottomed out in 2018. After reaching the playoffs in 2012, 2014 and 2016, the Orioles own the second-worst record (28-69) in the major leagues, have endured six losing streaks of at least a half-dozen games and have been...

1 dead as latest fire portends explosive Northwest season

Jul 19, 2018

PORTLAND, Ore. — A fast-moving fire fueled by gusting winds in the Pacific Northwest killed one person, forced dozens of households to evacuate and prompted Oregon Gov. Kate Brown to declare a state of emergency Wednesday. The flames near the city of The Dalles started Tuesday and expanded Wednesday to more than 56 square miles (145 kilometers) as the fire spread into vast fields of wheat while desperate farmers tried to salvage their crops in the midst of the harvest season. One person was found dead Wednesday a short distance from a burned-out tractor. The person was likely trying to...

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH