Product Code: ETC047764 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India surge arrester market import shipments demonstrated robust growth with a notable CAGR from 2020 to 2024. The market saw a significant acceleration in growth from the year before, indicating a strong upward momentum. Overall, the market expanded rapidly during this period, showcasing a positive and escalating trend.
Surge arresters are devices that protect electrical equipment from voltage transients caused by external or internal sources. They work by diverting the extra current into the ground, thereby preventing it from reaching sensitive systems and components. The India surge arrester market is expected to grow at a CAGR of 6.1% during 2025-2031.
Increasing demand for safety measures in power networks, rising investments in renewable energy projects, government initiatives to develop smart grids and replace old infrastructure with modern solutions are some of the major factors driving growth of India surge arrester market. Also, increasing adoption of lightning protection systems in commercial buildings is expected to supplement market growth over the forecast period.
High cost associated with installation & maintenance of surge arresters coupled with lack of awareness about their benefits may hamper growth rate of India surge arrester market during 2025-2031.
Some key players operating in India?s Surge Arrester Market include ABB Ltd., Siemens AG., Eaton Corporation Plc., Littelfuse Incorporated, Schneider Electric SE., Advanced Protection Technologies LLC (APT), Cooper Industries plc., Raycap Corp., Polyphaser Corporation and Energizer Holdings Inc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Surge Arrester Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Surge Arrester Market Revenues & Volume, 2021 & 2031F |
3.3 India Surge Arrester Market - Industry Life Cycle |
3.4 India Surge Arrester Market - Porter's Five Forces |
3.5 India Surge Arrester Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Surge Arrester Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 India Surge Arrester Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.8 India Surge Arrester Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India Surge Arrester Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investment in infrastructure development in India |
4.2.2 Growing awareness about the need for surge protection in industrial and residential sectors |
4.2.3 Rise in demand for electricity and electronic devices in the country |
4.3 Market Restraints |
4.3.1 Lack of standardized regulations and guidelines for surge protection devices |
4.3.2 Competition from alternative technologies offering similar protection |
4.3.3 Economic slowdown affecting capital expenditure in the power sector |
5 India Surge Arrester Market Trends |
6 India Surge Arrester Market, By Types |
6.1 India Surge Arrester Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Surge Arrester Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Surge Arrester Market Revenues & Volume, By Polymeric, 2021-2031F |
6.1.4 India Surge Arrester Market Revenues & Volume, By Porcelain, 2021-2031F |
6.2 India Surge Arrester Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 India Surge Arrester Market Revenues & Volume, By Medium Voltage, 2021-2031F |
6.2.3 India Surge Arrester Market Revenues & Volume, By High Voltage, 2021-2031F |
6.2.4 India Surge Arrester Market Revenues & Volume, By Extra-High Voltage, 2021-2031F |
6.3 India Surge Arrester Market, By Class |
6.3.1 Overview and Analysis |
6.3.2 India Surge Arrester Market Revenues & Volume, By Distribution Class, 2021-2031F |
6.3.3 India Surge Arrester Market Revenues & Volume, By Intermediate Class, 2021-2031F |
6.3.4 India Surge Arrester Market Revenues & Volume, By Station Class, 2021-2031F |
6.4 India Surge Arrester Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 India Surge Arrester Market Revenues & Volume, By Utilities, 2021-2031F |
6.4.3 India Surge Arrester Market Revenues & Volume, By Industries, 2021-2031F |
6.4.4 India Surge Arrester Market Revenues & Volume, By Transportation, 2021-2031F |
7 India Surge Arrester Market Import-Export Trade Statistics |
7.1 India Surge Arrester Market Export to Major Countries |
7.2 India Surge Arrester Market Imports from Major Countries |
8 India Surge Arrester Market Key Performance Indicators |
8.1 Number of new infrastructure projects announced in India |
8.2 Percentage increase in surge arrester installations in key industries |
8.3 Adoption rate of surge protection devices in residential buildings |
8.4 Investment in research and development for surge arrester technology |
8.5 Number of reported electrical incidents due to surge events |
9 India Surge Arrester Market - Opportunity Assessment |
9.1 India Surge Arrester Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Surge Arrester Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 India Surge Arrester Market Opportunity Assessment, By Class, 2021 & 2031F |
9.4 India Surge Arrester Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India Surge Arrester Market - Competitive Landscape |
10.1 India Surge Arrester Market Revenue Share, By Companies, 2024 |
10.2 India Surge Arrester Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |