Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Type (Polymeric, Porcelain), By Voltage (Medium Voltage, High Voltage, Extra-High Voltage), By Class (Distribution Class, Intermediate Class, Station Class), By End-User (Utilities, Industries, Transportation) And Competitive Landscape
Product Code: ETC057385 | Publication Date: May 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Asia Pacific Surge Arrester Market |
Forecast Period | 2025-2031 |
Market Size | USD 300 million by 2031 |
CAGR | 6.85% |
Growing Sector | Utilities |
The Asia Pacific Surge Arrester Market report thoroughly covers the market by Types, by Voltage, by Class, by End-User, and by Countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Asia Pacific surge arrester market is projected to grow at a compound annual growth rate (CAGR) of 6.85% by 2031, driven by the increasing adoption of advanced power infrastructure and the rising need for reliable surge protection solutions. Additionally, the Asia Pacific surge arrester tools market, supporting industries and utilities, is expected to reach approximately USD 300 million by 2031.
The Asia Pacific surge arrester market is experiencing significant growth, fueled by increasing demand for reliable power distribution and protection systems. Products under this market, including polymeric and porcelain surge arresters, are widely utilized in utilities, industries, and transportation sectors to enhance the safety and reliability of electrical systems. As the trend of modernizing power infrastructure grows, the need for medium, high, and extra-high voltage surge arresters is also rising.
According to 6Wresearch, the Asia Pacific Surge Arrester Market revenue is projected to grow at a significant CAGR of 6.85% during the forecast period 2025-2031. The market is growing steadily due to the rising adoption of surge protection solutions, driven by a growing emphasis on grid reliability and advancements in material technologies that enhance performance and durability. Surge arresters are increasingly used across utilities and industries to safeguard equipment from voltage spikes, ensuring operational efficiency and safety. This demand is fueled by the need for innovative and reliable solutions to address power quality challenges. As industries modernize and grids expand, the development of advanced surge arresters is playing a crucial role are further boosting Asia Pacific Surge Arrester Market growth.However, challenges such as high initial costs and limited awareness in certain regions hinder growth. Nevertheless, government initiatives promoting energy security and investments in power infrastructure present ample growth opportunities.
Focus on Grid Reliability- Rising investments in reliable and efficient power systems are boosting the demand for surge arresters.
Advancements in Surge Arrester Materials- New material technologies are enhancing the performance and lifespan of polymeric and porcelain arresters.
Rise in Industrial Applications- Growth in manufacturing and infrastructure projects is driving demand for surge arresters in industrial settings.
Polymeric Surge Arresters- The growing preference for lightweight and durable solutions presents opportunities for businesses to invest in polymeric surge arrester production.
High Voltage Applications- Expanding high-voltage transmission networks offer lucrative investment avenues.
The Asia-Pacific surge arrester market is driven by key players who offer advanced solutions to protect electrical equipment from voltage spikes. Leading companies include Siemens AG, ABB Ltd., Eaton Corporation, Schneider Electric, and General Electric, which are recognized for their innovative and reliable surge protection technologies. Other significant contributors are Mitsubishi Electric Corporation and Hitachi Energy, focusing on high-performance arresters tailored for industrial, commercial, and utility applications.
In the Asia-Pacific surge arrester market, government regulations play a pivotal role in shaping industry standards and safety protocols. While the industry is not heavily regulated globally, certain countries within the region have implemented specific standards to ensure electrical safety. For instance, Japan enforces stringent regulations for electrical safety in both residential and commercial sectors, promoting the adoption of surge protection devices. Additionally, various non-profit organizations and certification bodies mandate compliance with universal standards for surge arresters, requiring manufacturers to consider factors such as spacing, power concerns, and isolation requirements during the design phase.
The future of the Asia Pacific surge arrester industry looks promising, driven by ongoing investments in power infrastructure and the increasing demand for reliable surge protection. Innovations in material technologies and the growing focus on sustainability are expected to meet the rising demand for advanced surge arrester solutions. Furthermore, the expansion of end-user applications in utilities and industries will continue to fuel market growth. The adoption of advanced technologies, such as smart grids and IoT-enabled devices, is also fueling demand for high-performance surge protection solutions. Additionally, the growing emphasis on renewable energy sources like solar and wind power, which require robust electrical systems, is further boosting market prospects.
The report offers a comprehensive study of the subsequent market segments and their leading categories
According to Ravi Bhandari, Research Head, 6Wresearch, polymeric surge arresters are projected to dominate due to their superior durability and lightweight properties compared to porcelain.
The Utilities sector is leading in the Asia Pacific surge arrester market. This dominance is attributed to the growing investments in power generation, transmission, and distribution infrastructure across the region. Expanding electrification projects in rural and urban areas, coupled with the increasing integration of renewable energy sources like solar and wind power, have amplified demand for surge protection solutions to ensure system reliability and safety.
China is leading the Asia Pacific surge arrester market, driven by its large-scale investments in power infrastructure and rapid industrialization. The country's ongoing initiatives to upgrade and expand its electricity transmission and distribution networks, along with the substantial adoption of renewable energy sources, have bolstered the demand for surge arresters.
The market report has been segmented and sub segmented into the following categories
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 Asia Pacific Surge Arrester Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Surge Arrester Market Revenues & Volume, 2021 & 2031F |
3.3 Asia Pacific Surge Arrester Market - Industry Life Cycle |
3.4 Asia Pacific Surge Arrester Market - Porter's Five Forces |
3.5 Asia Pacific Surge Arrester Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Asia Pacific Surge Arrester Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Asia Pacific Surge Arrester Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.8 Asia Pacific Surge Arrester Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.9 Asia Pacific Surge Arrester Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Asia Pacific Surge Arrester Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Surge Arrester Market Trends |
6 Asia Pacific Surge Arrester Market, 2021 - 2031 |
6.1 Asia Pacific Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 Asia Pacific Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
6.3 Asia Pacific Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
6.4 Asia Pacific Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
7 China Surge Arrester Market, 2021 - 2031 |
7.1 China Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 China Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
7.3 China Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
7.4 China Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
8 India Surge Arrester Market, 2021 - 2031 |
8.1 India Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 India Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
8.3 India Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
8.4 India Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
9 Japan Surge Arrester Market, 2021 - 2031 |
9.1 Japan Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
9.2 Japan Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
9.3 Japan Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
9.4 Japan Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
10 Australia Surge Arrester Market, 2021 - 2031 |
10.1 Australia Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
10.2 Australia Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
10.3 Australia Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
10.4 Australia Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
11 Indonesia Surge Arrester Market, 2021 - 2031 |
11.1 Indonesia Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
11.2 Indonesia Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
11.3 Indonesia Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
11.4 Indonesia Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
12 Philippines Surge Arrester Market, 2021 - 2031 |
12.1 Philippines Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
12.2 Philippines Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
12.3 Philippines Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
12.4 Philippines Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
13 Thailand Surge Arrester Market, 2021 - 2031 |
13.1 Thailand Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
13.2 Thailand Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
13.3 Thailand Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
13.4 Thailand Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
14 Malaysia Surge Arrester Market, 2021 - 2031 |
14.1 Malaysia Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
14.2 Malaysia Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
14.3 Malaysia Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
14.4 Malaysia Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
15 Singapore Surge Arrester Market, 2021 - 2031 |
16 Rest of Asia Surge Arrester Market, 2021 - 2031 |
16.1 Rest of Asia Surge Arrester Market, Revenues & Volume, By Type, 2021 - 2031 |
16.2 Rest of Asia Surge Arrester Market, Revenues & Volume, By Voltage, 2021 - 2031 |
16.3 Rest of Asia Surge Arrester Market, Revenues & Volume, By Class, 2021 - 2031 |
16.4 Rest of Asia Surge Arrester Market, Revenues & Volume, By End-User, 2021 - 2031 |
17 Asia Pacific Surge Arrester Market Key Performance Indicators |
18 Asia Pacific Surge Arrester Market - Opportunity Assessment |
18.1 Asia Pacific Surge Arrester Market Opportunity Assessment, By Countries, 2021 & 2031F |
18.2 Asia Pacific Surge Arrester Market Opportunity Assessment, By Type, 2021 & 2031F |
18.3 Asia Pacific Surge Arrester Market Opportunity Assessment, By Voltage, 2021 & 2031F |
18.4 Asia Pacific Surge Arrester Market Opportunity Assessment, By Class, 2021 & 2031F |
18.5 Asia Pacific Surge Arrester Market Opportunity Assessment, By End-User, 2021 & 2031F |
19 Asia Pacific Surge Arrester Market - Competitive Landscape |
19.1 Asia Pacific Surge Arrester Market Revenue Share, By Companies, 2024 |
19.2 Asia Pacific Surge Arrester Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |