A surge arrester also called a surge protection device or transient voltage surge suppressor, which is used to protect electrical equipment from over-voltage transients due to internal or external events. Growing investment in the modernization of electric infrastructure is augmenting in the growth of the surge arrester market. Increasing the expansion of the transmission and distribution network is further fueling the growth of the surge arrester market. The rising need to protect equipment in power transmission and distribution systems is propelling the growth of the surge arrester market. Rising investments in energy systems and smart grids, coupled with the growing demand for reliable and continuous power supply is growing demand for the surge arrester market.
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Top Key Major Players:-
1. ABB
2. Eaton
3. General Electric Company
4. Hubbell Incorporated
5. Mitsubishi Electric Corporation
6. Schneider Electric SE
7. Sécheron
8. Siemens AG
9. TDK Corporation
10. TE Connectivity