The global Lightning Arrester market was valued at 116.52 Million USD in 2021 and will grow with a CAGR of 1.49% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

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

By Types:

Station Class(for substation)

Intermediate Class

Distribution Class(for transmission line)

Secondary Class

By Applications:

Transmission Line

Substation

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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