Saudi Arabia Surge & Lightning Arrestors Market

Surge & Lightning Arrestors Device Used on Power Systems to Protect other Equipment from Lightning and Switching Surges. Surge & Lightning Arrestors are used in electrical installation protection systems, which are developed to counteract the progression of overabundance voltage into the circuit. there is a progression of overvoltage; surge & Lightning Arrestors transmit the overabundance current flow to the earth and in this way shields the electrical apparatus from damage. Surge & Lightning Arrestors are widely used in several application areas such as the service sector, switchboards, and industrial applications.

Major factors for the growth of the Surge & Lightning Arrestors market are rising demand for primary protection for electrical equipment, increasing investments in smart grids infrastructure and Power distribution systems, demand for electricity in residential areas and development of power distribution networks to lessen energy. Also, alternative power initiative, and high operational cost due to frequent device failures is expected to fuel the market growth. Aging of power infrastructure in the residential and commercial sector is expected to create demand for Surge & Lightning Arrestors during the forecast period. Growing awareness and positive government support may further increase the need for Surge & Lightning Arrestors in Saudi Arabia. However, availability and price fluctuation of raw material may hamper the growth of the market during the forecast period.

Saudi Arabia provides lucrative opportunities for the growth of the Surge & Lightning Arrestors market owing to high demand in newer applications such as solar plants and smart grids. Rapid industrialization and power supply issues will also be expected to fuel the market growth during the forecast period. In addition, the growing popularity of surge protection devices in the commercial and residential sectors and enormous electric utilities alongside the capacity to offer dependable protection to substation hardware will also create a huge demand for Surge & Lightning Arrestors in the upcoming few years.

Various notable players operating in the market, include Siemens, ABB, GE, Schneider Electric, Zhongyi Power, Keison Globa, Legrand, Eaton, Infinite Electronics, LLC among others.

Key questions answered in this research report:
1- At what pace is Saudi Arabia Surge & Lightning Arrestors market growing? What will be the Saudi Arabia Surge & Lightning Arrestors market forecast?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in Saudi Arabia Surge & Lightning Arrestors and market size?
4- Saudi Arabia Surge & Lightning Arrestors market outlook, application areas and how they are poised to grow?
5- Saudi Arabia Surge & Lightning Arrestors market overview, industry analysis and scope of study?

Market Segmentation
By Voltage
o Low Voltage
o Medium Voltage
o High Voltage

By Type
o Polymeric
o Porcelain

By Class
o Distribution
o Intermediate
o Station

By Application
o Power Transmission
o Telecommunication
o Transportation
o Others

Leading market players
• Siemens
• ABB
• GE
• Schneider Electric
• Zhongyi Power
• Keison Globa
• Legrand
• Eaton
• Infinite Electronics, LLC