Market Overview:
The global power lightning arrester market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and rising investments in transmission and distribution infrastructure. In addition, the growing awareness about safety and security against electrical hazards is also contributing to the growth of this market. The global power lightning arrester market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into below 35 KV, 35-110 KV, and above 110 KV segments. The below 35 KV segment is projected to account for a major share of this market during the forecast period owing to its low installation cost as compared to other types of lightning arresters available in the market.
Product Definition:
A lightning arrester is a device used on electrical power systems to protect the insulation and conductors of the system from being damaged by lightning.
Below 35 KV:
Below 35 KV is the lower range of KV which means it is the measure of electric potential between two electrodes. It mainly used in power lightning arrester. The main function of below 35 Kv is to protect equipment from short circuit and high voltage. In addition, it also provides insulation and prevents fire hazard at high temperature environment. Furthermore, increasing demand for low voltage electricity generation due to growing renewable energy sector will drive market growth over the forecast period.
35-110 KV:
The 35-110 KV is a type of power lightning arrester. It is used to protect electrical equipment from high voltage electricity. The product works as a protective device that trips when the current or voltage approaches the set point value.
It has two major functions, namely protecting and isolating Arranger/Discharger (AD) and its associated cables from damage by high voltage electricity.
Application Insights:
The distribution line application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The high demand for power line lightning arrester is majorly attributed to its ability to protect both equipment and lines from damage caused by lightning. Moreover, increasing number of distribution transformers across the world has also created a huge demand for these devices.
Transmission line application segment is expected register notable gains owing to rising investments in transmission infrastructure development across various countries including China, India & Australia. Transmission lines are highly susceptible to natural hazards such as weather & earthquakes which can lead to complete destruction of Line if proper measures are not taken during construction phase of these structures.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand for power distribution lines and rising need for protection of power infrastructure from lightning strikes. Europe is also estimated to witness significant growth over the coming years due to growing investments in renewable energy projects, which will lead to an increase in demand for arrester cable products.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing with rapid industrialization and urbanization that has led into a rise in electricity consumption across countries such as China, India, Indonesia, Malaysia and Thailand among others.
Growth Factors:
- Increasing demand for lightning protection systems from the construction sector
- Growing awareness about the benefits of using lightning protection systems
- Rising number of thunderstorms and natural disasters worldwide
- Proliferation of advanced technologies in lightning protection systems
- Growing demand for reliable and efficient lightning protection systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Lightning Arrester Market Research Report
By Type
Below 35 KV, 35-110 KV, Above 110 KV
By Application
Transmission Line, Substation, Distribution Line
By Companies
ABB, Siemens, Hubbell, Eaton, TOSHIBA, Tridelta Meidensha, Streamer, Lamco, Shreem, Ensto, ABB, Jingguan, China XD, Fushun Electric Porcelain, Hengda ZJ, Henan Pinggao Electric, FVA Electric Apparatus, Silver Star, Yikun Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Power Lightning Arrester Market Report Segments:
The global Power Lightning Arrester market is segmented on the basis of:
Types
Below 35 KV, 35-110 KV, Above 110 KV
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transmission Line, Substation, Distribution Line
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Siemens
- Hubbell
- Eaton
- TOSHIBA
- Tridelta Meidensha
- Streamer
- Lamco
- Shreem
- Ensto
- ABB
- Jingguan
- China XD
- Fushun Electric Porcelain
- Hengda ZJ
- Henan Pinggao Electric
- FVA Electric Apparatus
- Silver Star
- Yikun Electric
Highlights of The Power Lightning Arrester Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 35 KV
- 35-110 KV
- Above 110 KV
- By Application:
- Transmission Line
- Substation
- Distribution Line
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Power Lightning Arrester Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A power lightning arrester is a device that helps to protect electrical equipment from being damaged by lightning.
Some of the major companies in the power lightning arrester market are ABB, Siemens, Hubbell, Eaton, TOSHIBA, Tridelta Meidensha, Streamer, Lamco, Shreem, Ensto, ABB, Jingguan, China XD, Fushun Electric Porcelain, Hengda ZJ, Henan Pinggao Electric, FVA Electric Apparatus, Silver Star, Yikun Electric.
The power lightning arrester market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Lightning Arrester Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Power Lightning Arrester Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Power Lightning Arrester Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Power Lightning Arrester Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Power Lightning Arrester Market Size & Forecast, 2018-2028 4.5.1 Power Lightning Arrester Market Size and Y-o-Y Growth 4.5.2 Power Lightning Arrester Market Absolute $ Opportunity
Chapter 5 Global Power Lightning Arrester Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Power Lightning Arrester Market Size Forecast by Type
5.2.1 Below 35 KV
5.2.2 35-110 KV
5.2.3 Above 110 KV
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power Lightning Arrester Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Power Lightning Arrester Market Size Forecast by Applications
6.2.1 Transmission Line
6.2.2 Substation
6.2.3 Distribution Line
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Lightning Arrester Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Power Lightning Arrester Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Power Lightning Arrester Analysis and Forecast
9.1 Introduction
9.2 North America Power Lightning Arrester Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Power Lightning Arrester Market Size Forecast by Type
9.6.1 Below 35 KV
9.6.2 35-110 KV
9.6.3 Above 110 KV
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Power Lightning Arrester Market Size Forecast by Applications
9.10.1 Transmission Line
9.10.2 Substation
9.10.3 Distribution Line
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Power Lightning Arrester Analysis and Forecast
10.1 Introduction
10.2 Europe Power Lightning Arrester Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Power Lightning Arrester Market Size Forecast by Type
10.6.1 Below 35 KV
10.6.2 35-110 KV
10.6.3 Above 110 KV
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Power Lightning Arrester Market Size Forecast by Applications
10.10.1 Transmission Line
10.10.2 Substation
10.10.3 Distribution Line
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Power Lightning Arrester Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Lightning Arrester Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Power Lightning Arrester Market Size Forecast by Type
11.6.1 Below 35 KV
11.6.2 35-110 KV
11.6.3 Above 110 KV
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Power Lightning Arrester Market Size Forecast by Applications
11.10.1 Transmission Line
11.10.2 Substation
11.10.3 Distribution Line
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Power Lightning Arrester Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Lightning Arrester Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Power Lightning Arrester Market Size Forecast by Type
12.6.1 Below 35 KV
12.6.2 35-110 KV
12.6.3 Above 110 KV
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Power Lightning Arrester Market Size Forecast by Applications
12.10.1 Transmission Line
12.10.2 Substation
12.10.3 Distribution Line
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Power Lightning Arrester Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Lightning Arrester Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Power Lightning Arrester Market Size Forecast by Type
13.6.1 Below 35 KV
13.6.2 35-110 KV
13.6.3 Above 110 KV
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Power Lightning Arrester Market Size Forecast by Applications
13.10.1 Transmission Line
13.10.2 Substation
13.10.3 Distribution Line
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Power Lightning Arrester Market: Competitive Dashboard
14.2 Global Power Lightning Arrester Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Siemens
14.3.3 Hubbell
14.3.4 Eaton
14.3.5 TOSHIBA
14.3.6 Tridelta Meidensha
14.3.7 Streamer
14.3.8 Lamco
14.3.9 Shreem
14.3.10 Ensto
14.3.11 ABB
14.3.12 Jingguan
14.3.13 China XD
14.3.14 Fushun Electric Porcelain
14.3.15 Hengda ZJ
14.3.16 Henan Pinggao Electric
14.3.17 FVA Electric Apparatus
14.3.18 Silver Star
14.3.19 Yikun Electric