A Lightning Arrester is a device, used on power systems, which contains billions of electronic switches that divert lightning around sensitive equipment and protects them from damage of lightening and switching surges. There are four different classes of arresters, including station class, intermediate class, distribution class and secondary class.
Lightning arrester product demand is in a certain space, and the main consumer countries are moderately developed countries and developed countries.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field.
In the last few years, the total number of new type of lightning arrester developed by domestic manufacturers is limited. This shows that the efforts to develop new product in China is not enough, but also shows that the allocation space of domestic lightning arrester still need to expand. There is still a big gap compared with the imported lightning arrester.

The Global Lightning Arrester Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Lightning Arrester Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

ABB
SIEMENS
Hubbell
Cooper
TOSHIBA
MEIDEN（TRIDELTA）
Streamer
Lamco
Shreem
Jingguan
China XD
Fushun Electric Porcelain
Hengda ZJ
PG Toshiba (Langfang) Arrester
FVA Electric Apparatus
Silver Star
Yikun Electric

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Station Class(for substation)
Intermediate Class
Distribution Class(for transmission line)
Secondary Class
In Market segmentation by applications :

Transmission Line
Substation
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Lightning Arrester Market for the forecast period 2023 - 2030?
• What are the driving forces in the Lightning Arrester Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Lightning Arrester industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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