Global Lightning Arrester Market Size study, By Rating (Below 35 KV, 35-110 KV, Above 110 KV), By Product Type (Rod gap arrester, Horn gap arrester, Multi gap arrester, Expulsion type lightning arrester, Valve type lightning arrester, Metal oxide varistor lightning arrester, Others), By End Use (Infrastructure, Power Industry, Industrial, Municipal, Residential), and Regional Forecasts 2022-2028

BIZ4983226
200 Pages
June 2022
Semiconductor and Electronics

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Global Lightning Arrester Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Lightning Arrester also known as lightning isolator refers to protective devices utilized to protect buildings and industrial units such transmission and distribution networks from the damaging effects of lightning. When a lightning beam strikes, the arrester activates and transmits the lightning to the ground, where it disperses harmlessly. The growing residential construction Sector and increasing incidences of lightning losses as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Insurance Information Institute – in 2019, the value of Homeowners Insurance Claims and Payout for Lightning Losses in Untied States was estimated at USD 920.1 million, and the average cost per claim was estimated at USD 11,971. Moreover, in 2020 the total claims and payout increased to USD 2,066.7 million, whereas the average cost per claim increased to USD 28,885. Furthermore, leading market players are working towards capacity expansion to capitalize the increasing demand for lightning arrestor. For instance, in September 2021, Toshiba Energy Systems & Solutions announced to triple its current product capacity of polymer housed surge arresters by April 2022. Also, growing expansion of transmission and distribution infrastructure and surge in Mortality rates due to lightning strikes are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high initial cost and increasing penetration of alternative technologies impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Lightning Arrester Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing demand of lightning arrestor from different industries and presence of leading manufacturers in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing number of losses due to lightning strikes and rising residential construction sector in the region, would create lucrative growth prospects for the global Lightning Arrester Market across the Asia Pacific region.

Major market players included in this report are:

Eaton

ABB

Hubbell

GE Grid

Schneider Electric SE

TE Connectivity

Toshiba

Lightning Eliminators and Consultants Inc.

Hitachi Energy Ltd.

Yamuna Cable Accessories Pvt. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Rating:

Below 35 KV

35-110 KV

Above 110 KV

By Product Type:

Rod gap arrester

Horn gap arrester

Multi gap arrester

Expulsion type lightning arrester

Valve type lightning arrester

Metal oxide varistor lightning arrester

Others

By End Use:

Infrastructure

Power Industry

Industrial

Municipal

Residential

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Lightning Arrester Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)

1.2.1. Global Lightning Arrester Market, by Region, 2020-2028 (USD Million)

1.2.2. Global Lightning Arrester Market, by Rating, 2020-2028 (USD Million)

1.2.3. Global Lightning Arrester Market, by Product Type, 2020-2028 (USD Million)

1.2.4. Global Lightning Arrester Market, by End Use, 2020-2028 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Lightning Arrester Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Lightning Arrester Market Dynamics

3.1. Lightning Arrester Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growing residential construction Sector

3.1.1.2. Increasing incidences of lightning losses

3.1.1.3. Strategic initiatives from leading market players.

3.1.2. Market Challenges

3.1.2.1. High initial cost

3.1.2.2. Increasing penetration of alternative technologies.

3.1.3. Market Opportunities

3.1.3.1. Growing expansion of transmission and distribution infrastructure.

3.1.3.2. Surge in mortality rates due to lightning strikes

Chapter 4. Global Lightning Arrester Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Lightning Arrester Market, by Rating

6.1. Market Snapshot

6.2. Global Lightning Arrester Market by Rating, Performance - Potential Analysis

6.3. Global Lightning Arrester Market Estimates & Forecasts by Rating 2018-2028 (USD Million)

6.4. Lightning Arrester Market, Sub Segment Analysis

6.4.1. Below 35 KV

6.4.2. 35-110 KV

6.4.3. Above 110 KV

Chapter 7. Global Lightning Arrester Market, by Product Type

7.1. Market Snapshot

7.2. Global Lightning Arrester Market by Product Type, Performance - Potential Analysis

7.3. Global Lightning Arrester Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)

7.4. Lightning Arrester Market, Sub Segment Analysis

7.4.1. Rod gap arrester

7.4.2. Horn gap arrester

7.4.3. Multi gap arrester

7.4.4. Expulsion type lightning arrester

7.4.5. Valve type lightning arrester

7.4.6. Metal oxide varistor lightning arrester

7.4.7. Others

Chapter 8. Global Lightning Arrester Market, by End Use

8.1. Market Snapshot

8.2. Global Lightning Arrester Market by End Use, Performance - Potential Analysis

8.3. Global Lightning Arrester Market Estimates & Forecasts by End Use 2018-2028 (USD Million)

8.4. Lightning Arrester Market, Sub Segment Analysis

8.4.1. Infrastructure

8.4.2. Power Industry

8.4.3. Industrial

8.4.4. Municipal

8.4.5. Residential

Chapter 9. Global Lightning Arrester Market, Regional Analysis

9.1. Lightning Arrester Market, Regional Market Snapshot

9.2. North America Lightning Arrester Market

9.2.1. U.S. Lightning Arrester Market

9.2.1.1. Rating estimates & forecasts, 2018-2028

9.2.1.2. Product Type estimates & forecasts, 2018-2028

9.2.1.3. End Use estimates & forecasts, 2018-2028

9.2.2. Canada Lightning Arrester Market

9.3. Europe Lightning Arrester Market Snapshot

9.3.1. U.K. Lightning Arrester Market

9.3.2. Germany Lightning Arrester Market

9.3.3. France Lightning Arrester Market

9.3.4. Spain Lightning Arrester Market

9.3.5. Italy Lightning Arrester Market

9.3.6. Rest of Europe Lightning Arrester Market

9.4. Asia-Pacific Lightning Arrester Market Snapshot

9.4.1. China Lightning Arrester Market

9.4.2. India Lightning Arrester Market

9.4.3. Japan Lightning Arrester Market

9.4.4. Australia Lightning Arrester Market

9.4.5. South Korea Lightning Arrester Market

9.4.6. Rest of Asia Pacific Lightning Arrester Market

9.5. Latin America Lightning Arrester Market Snapshot

9.5.1. Brazil Lightning Arrester Market

9.5.2. Mexico Lightning Arrester Market

9.6. Rest of The World Lightning Arrester Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Eaton

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. ABB

10.2.3. Hubbell

10.2.4. GE Grid

10.2.5. Schneider Electric SE

10.2.6. TE Connectivity

10.2.7. Toshiba

10.2.8. Lightning Eliminators and Consultants Inc.

10.2.9. Hitachi Energy Ltd.

10.2.10. Yamuna Cable Accessories Pvt. Ltd.

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Lightning Arrester Market, report scope

TABLE 2. Global Lightning Arrester Market estimates & forecasts by Region 2018-2028 (USD Million)

TABLE 3. Global Lightning Arrester Market estimates & forecasts by Rating 2018-2028 (USD Million)

TABLE 4. Global Lightning Arrester Market estimates & forecasts by Product Type 2018-2028 (USD Million)

TABLE 5. Global Lightning Arrester Market estimates & forecasts by End Use 2018-2028 (USD Million)

TABLE 6. Global Lightning Arrester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 7. Global Lightning Arrester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 8. Global Lightning Arrester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 9. Global Lightning Arrester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 10. Global Lightning Arrester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 11. Global Lightning Arrester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 12. Global Lightning Arrester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 13. Global Lightning Arrester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 14. Global Lightning Arrester Market by segment, estimates & forecasts, 2018-2028 (USD Million)

TABLE 15. Global Lightning Arrester Market by region, estimates & forecasts, 2018-2028 (USD Million)

TABLE 16. U.S. Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 17. U.S. Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 18. U.S. Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 19. Canada Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 20. Canada Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 21. Canada Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 22. UK Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 23. UK Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 24. UK Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 25. Germany Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 26. Germany Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 27. Germany Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 28. RoE Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 29. RoE Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 30. RoE Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 31. China Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 32. China Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 33. China Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 34. India Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 35. India Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 36. India Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 37. Japan Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 38. Japan Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 39. Japan Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 40. RoAPAC Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 41. RoAPAC Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 42. RoAPAC Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 43. Brazil Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 44. Brazil Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 45. Brazil Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 46. Mexico Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 47. Mexico Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 48. Mexico Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 49. RoLA Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 50. RoLA Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 51. RoLA Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 52. Row Lightning Arrester Market estimates & forecasts, 2018-2028 (USD Million)

TABLE 53. Row Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 54. Row Lightning Arrester Market estimates & forecasts by segment 2018-2028 (USD Million)

TABLE 55. List of secondary sources, used in the study of global Lightning Arrester Market

TABLE 56. List of primary sources, used in the study of global Lightning Arrester Market

TABLE 57. Years considered for the study

TABLE 58. Exchange rates considered

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