Global Surge Arrester Market
Market Size in USD Billion
CAGR :
% 
USD
2.38 Billion
USD
4.12 Billion
2024
2032
 Forecast Period |
2025 –2032 |
 Market Size (Base Year) |
USD 2.38 Billion |
 Market Size (Forecast Year) |
USD 4.12 Billion |
 CAGR |
% |
| Major Markets Players |
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Global Surge Arrester Market Segmentation, By Type (Polymeric and Porcelain), End User (Utilities, Industries, and Transportation), Voltage (Medium Voltage, High Voltage, and Extra High Voltage), Class (Distribution Class, Intermediate Class, and Station Class), Application (Industrial, Commercial and Residential) - Industry Trends and Forecast to 2032
Global Surge Arrester Market Size
- The global surge arrester market size was valued at USD 2.38 billion in 2024 and is expected to reach USD 4.12 billion by 2032, at a CAGR of 7.10% during the forecast period
- This growth is driven by factors such as increasing demand for reliable power infrastructure, renewable energy integration, and expanding smart grid development
Global Surge Arrester Market Analysis
- The global surge arrester market is showing consistent growth driven by the need to protect electrical systems from voltage surges. This trend is visible in areas such as transmission networks and industrial operations where system reliability is critical
- Advances in material technology are making surge arresters more efficient and responsive across a wide range of energy systems
- North America is expected to dominate the global surge arresters market with share of 45.85% due to its mature electrical infrastructure and high emphasis on grid reliability
- Asia-pacific is expected to be the fastest growing region in the global surge arrester market during the forecast period due to modernization efforts in grid systems and increasing deployment of renewable energy sources
- The polymeric surge arresters segment is expected to dominate the global surge arrester market with the largest share of 57.10% in 2025 due to their lightweight design, superior weather resistance, and lower maintenance requirements compared to porcelain counterparts. Their compact structure and ease of installation also reduce operational costs and downtime, driving widespread adoption across power transmission and distribution networks. As utility providers and infrastructure developers prioritize reliability and efficiency, the demand for polymeric surge arresters continues to surge globally
Report Scope and Global Surge Arrester Market Segmentation
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Global Surge Arrester Key Market Insights |
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Segments Covered |
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Countries Covered |
North America
Europe
Asia-Pacific
Middle East and Africa
South America
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Key Market Players |
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Market Opportunities |
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Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand. |
Global Surge Arrester Market Trends
“Smart and Efficient Innovations in Surge Protection”
- The surge arrester market is witnessing a significant trend towards the adoption of smart surge arresters equipped with real-time monitoring capabilities
- Integration of internet of things technology in surge arresters allows for continuous data collection and analysis
- The development of compact and lightweight surge arresters is addressing space constraints in modern electrical systems
- Advancements in material technologies such as the use of metal oxide components are making surge arresters more efficient and faster in responding to electrical surges
- For instance, a leading energy technology company introduced a wireless indicator for surge protection units to improve grid resilience
- In conclusion, the trend toward smart and efficient surge protection devices is reshaping the current market. These innovations are supporting safer and more reliable power systems across industries
Global Surge Arrester Market Dynamics
Driver
“Growing Need for Power System Protection Across Industrial and Utility Sectors”
- Modern industries and utilities rely on sensitive electronic systems that require robust protection against voltage surges to avoid equipment damage and costly operational downtime
- Surge arresters are essential in shielding power systems from transient overvoltages caused by lightning, switching operations, and internal disturbances within growing digital infrastructures
- Industrial environments using high-voltage equipment are particularly at risk and depend on surge protection for continuous and safe operations in sectors such as manufacturing and data centers
- The rise in renewable energy projects such as solar farms and wind parks increases exposure to environmental surges, making surge protection crucial for stable grid integration
- For instance, several utility providers have integrated surge protection with real-time data monitoring in renewable setups to avoid damage during severe weather conditions
- In conclusion, this growing reliance on uninterrupted power and complex grid systems is driving consistent investment in advanced surge arrester technologies
Opportunity
“Integration with Smart Grid and Digital Monitoring Technologies”
- The surge arrester market is gaining momentum through the integration of digital technologies into power systems which enhances communication and automation across the grid
- Smart surge arresters offer real-time monitoring, data logging, and remote diagnostics that help utility operators respond quickly to faults and prevent equipment damage
- Governments and private utilities are investing in smart grid initiatives to meet energy efficiency goals and reduce system vulnerabilities, creating greater demand for intelligent surge protection
- These devices also support predictive maintenance strategies, enabling operators to make informed decisions and minimize costly outages or emergency repairs
- For instance, manufacturers have started introducing wireless-enabled surge arresters with built-in sensors that report performance metrics to central systems in real time
- In conclusion, this trend opens new avenues for innovation and collaboration in developing intelligent, future-proof protection solutions
Restraint/Challenge
“High Cost of Installation and Maintenance in Legacy Systems”
- High installation and upgrade costs are a major hurdle in adopting advanced surge arresters, especially where legacy systems dominate and infrastructure compatibility is limited
- Retrofitting older grids involves complex changes such as component replacement and panel redesign, which require skilled labor and often cause system downtime
- For small and mid-sized enterprises or budget-constrained utilities, these added expenses can make modern surge protection seem less feasible
- In harsh environments, regular maintenance needs increase operational costs further, especially where poor infrastructure accelerates device degradation
- For instance, utilities in some developing areas report delays in adopting smart surge protection due to high upfront investment and limited access to trained technicians
- In conclusion, to overcome these challenges, the market needs scalable, cost-effective solutions along with better education and policy support
Global Surge Arrester Market Scope
The market is segmented on the basis of type, end user, voltage, class, and application.
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Segmentation |
Sub-Segmentation |
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By Type |
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By End User |
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By Voltage |
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By Class
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By Application |
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In 2025, the Polymeric surge arresters is projected to dominate the market with a largest share in application segment
The polymeric surge arresters segment is expected to dominate the global surge arrester market with the largest share of 57.10% in 2025 due to their lightweight design, superior weather resistance, and lower maintenance requirements compared to porcelain counterparts. Their compact structure and ease of installation also reduce operational costs and downtime, driving widespread adoption across power transmission and distribution networks. As utility providers and infrastructure developers prioritize reliability and efficiency, the demand for polymeric surge arresters continues to surge globally.
The High Voltage segment is expected to account for the largest share during the forecast period in voltage segment
In 2025, the High Voltage segment is expected to dominate the market with the largest market share of 49.7% due to increasing investments in power transmission infrastructure and the growing demand for reliable surge protection in high-voltage applications. High voltage surge arresters safeguard essential components like transformers, circuit breakers, and substations from lightning strikes and switching surges, thereby ensuring uninterrupted power delivery and reducing maintenance costs. This trend is particularly pronounced in developing regions where infrastructure upgrades are a national priority.
Global Surge Arrester Market Regional Analysis
“North America Holds the Largest Share in the Global Surge Arrester Market”
- North America dominates the surge arrester market with share of 45.85% due to its mature electrical infrastructure and high emphasis on grid reliability
- The region sees significant investments in upgrading aging power transmission and distribution systems, especially in the US and Canada
- A high concentration of industrial facilities, data centers, and commercial buildings increases the demand for surge protection solutions to minimize downtime and equipment damage
- Rising awareness of power quality, regulatory compliance, and increasing occurrences of power surges due to extreme weather events are driving market growth
- The ongoing expansion of renewable energy projects and electric vehicle infrastructure further strengthens the need for advanced surge protection across various sectors
“Asia-Pacific is Projected to Register the Highest CAGR in the Global Surge Arrester Market”
- Asia-Pacific is emerging as the fastest-growing region due to rapid urbanization, industrial expansion, and increasing energy demands
- Countries like China, India, Japan, and South Korea are heavily investing in power infrastructure, smart grid technologies, and renewable energy sources
- Frequent voltage fluctuations, a growing number of substations, and a high incidence of lightning-prone areas are accelerating the demand for surge arresters
- Government-led initiatives to modernize energy distribution networks and improve grid stability are further driving regional growth
- Expanding industrial bases, rising construction activities, and heightened awareness about equipment protection and operational efficiency are contributing to the region’s growth momentum
Global Surge Arrester Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
The Major Market Leaders Operating in the Market Are:
- Siemens AG (Germany)
- GE DIGITAL (U.K.)
- Hubbell (U.S.)
- Schneider Electric (France)
- CG Power & Industrial Solutions Ltd (India)
- NGK INSULATORS, LTD. (Japan)
- ABB (Switzerland)
- Legrand S.A (France)
- Emerson Electric Co. (U.S.)
- CS Technologies s.r.o (Czech Republic)
- Vertiv Group Corp. (U.S.)
- TE Connectivity (Switzerland)
- Lamco Industries Pvt Ltd (India)
- Leviton Manufacturing Co., Inc. (U.S.)
- Raycap (U.S.)
- General Electric (U.S.)
- MEIDENSHA CORPORATION (Japan)
- Toshiba Corporation (Japan)
Latest Developments in Global Surge Arrester Market
- In April 2024, President Ferdinand R. Marcos Jr. inaugurated the Mobile Energy System (MES) and the Energy Sector Emergency Operations Center (ESEOC), initiatives designed to strengthen the resilience of the Philippines' energy infrastructure and ensure a stable power supply. These efforts aim to boost emergency preparedness and enhance energy management capabilities.
- In April 2024, Safran Electrical & Power introduced the GENeUSCONNECT—a high-power electrical harness that complements its existing lineup of electrical systems for hybrid and electric aircraft. This launch highlights Safran's ongoing dedication to advancing sustainable aviation technologies.
- In April 2024, Ideal Power Inc. announced that it had received a purchase order for its patented bidirectional semiconductor power switch, B-TRAN™, from a leading global provider of power electronics and semiconductor solutions. This milestone represents a key advancement in the company’s journey toward commercializing its cutting-edge technology.
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Global Surge Arrester Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Surge Arrester Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Surge Arrester Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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