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Asia Pacific Surge Arrester Market Share

Report ID: GMI6628
Published Date: Sep 2023
Report Format: PDF

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Asia Pacific Surge Arrester Market Share

Key players in the Asia Pacific surge arrester market are placing strong emphasis on expanding their manufacturing capabilities and making substantial investments in research and development. Their main goal is to advance protection and control technologies. Additionally, these firms are giving high priority to producing premium tailored products to meet specific client needs. To meet the growing demand for seamless product integration, these market leaders are also expanding their manufacturing facilities. These strategic moves have become essential in shaping the industry's competitive landscape.

Notable companies operating in the Asia Pacific surge arrester industry include:

DEHN SE
TDK Electronics AG
CG Power & Industrial Solutions Ltd
Siemens Energy
Hubbell
Phoenix Contact
TE Connectivity
L&T Electrical & Automation
ABB
General Electric
INDELEC
Ensto
Hitachi Energy Ltd
CHINT Group
Toshiba
Elpro
Axis Electrical Components (India) Pvt. Ltd.
Eaton
INAEL S.A.
Raycap

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

APAC surge arrester industry size was USD 624.7 million in 2023 and will reach over USD 939.5 million by 2032 due to rapid urbanization and industrialization in emerging economies.

Asia Pacific medium voltage surge arrester segment is poised to depict over 4.5% CAGR from 2023-2032 due to the ongoing urbanization, industrialization, and extensive infrastructure development projects, particularly in emerging economies.

China surge arrester industry size is anticipated to observe over 3.4% CAGR from 2023-2032 owing to soaring population growth and the surging reliable electricity demand.

CG Power & Industrial Solutions Ltd., Siemens Energy, Hubbell, Phoenix Contact, TE Connectivity, L&T Electrical & Automation, ABB, General Electric, INDELEC, Ensto, Hitachi Energy Ltd, CHINT Group, Toshiba, and Elpro are some of the major surge arrester companies in APAC.