India Surge Arresters Market (2025-2031) Outlook | Trends, Companies, Share, Forecast, Size, Value, Growth, Revenue, Industry & Analysis

Market Forecast By Type (Polymeric, Porcelain), By End User (Utilities, Industries, Transportation), By Application (AIS, GIS), By Voltage (Medium Voltage, High Voltage, Extra High Voltage), By Class (Distribution Class, Intermediate Class, Station Class) And Competitive Landscape
Product Code: ETC271584 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Surge Arresters Market Import Shipment Trend (2020-2024)

The India surge arresters market import shipment witnessed significant growth with a remarkable CAGR from 2020-2024. Notably, the growth rate surged between 2023 and 2024. The market exhibited a strong expansion trend, indicating robust momentum and increasing demand during the period.

Graph Showing India surge arresters market Shipment Trend & Volume from 2020-2024

India Surge Arresters Market Synopsis

The India surge arresters market is an essential segment of the country`s electrical equipment and protection industry. Surge arresters, also known as lightning arresters, are used for protecting electrical and electronic equipment from voltage surges and lightning strikes. The market is driven by factors such as the increasing demand for electrical safety solutions, the growth of power distribution and transmission infrastructure, and advancements in surge arrester technology. The need for reliable and efficient voltage protection also contributes to the market`s growth. However, challenges related to the adoption of smart surge protection systems and the integration of surge arresters in electrical grids impact the market dynamics. Key players in the India surge arresters market include electrical equipment manufacturers, power utilities, and industrial automation providers that offer a range of surge protection solutions for diverse electrical applications.

Market Drivers of the market

The India surge arresters market is driven by several factors. Firstly, the increasing concern over protecting electrical and electronic equipment from voltage surges and transient overvoltages has boosted the demand for surge arresters. These devices provide protection against voltage spikes caused by lightning or switching events, safeguarding sensitive equipment and preventing damage. Secondly, the growth of the power and utility sector in India and the need for reliable power distribution have driven the adoption of surge arresters in electrical systems. The focus on safety and regulatory compliance has also contributed to the market`s growth in India.

Challenges of the Market

The surge arresters market in India faces several challenges that impact its growth and effectiveness. Firstly, the surge arrester market is closely tied to the power transmission and distribution sector, which can be subject to fluctuations in government policies, investments, and economic conditions. Any slowdown or uncertainty in the power sector can affect the demand for surge arresters. Secondly, the availability of low-quality and counterfeit surge arresters in the market can compromise grid protection and equipment safety. Ensuring the enforcement of quality standards and regulatory measures is essential to address this challenge. Thirdly, the surge arrester market faces competition from alternative protective devices and technologies, such as advanced circuit breakers and smart grid solutions, which offer comprehensive protection against voltage surges. Additionally, the diverse geographical and climatic conditions in India pose challenges for surge arresters, as they must be designed to withstand various environmental factors. This requires manufacturers to develop region-specific products, which can increase production costs. Moreover, the lack of adequate testing facilities and certification processes for surge arresters can lead to inconsistencies in product quality and performance. To overcome these challenges, stakeholders must focus on research and development, product innovation, quality assurance, and collaboration with the government and utility companies to promote the use of surge arresters in power systems effectively.

Covid-19 Impact on the Market

The India Surge Arresters Market experienced mixed impacts during the Covid-19 pandemic. With disruptions in the construction and infrastructure sectors, the demand for surge arresters initially declined. However, the market regained momentum as economic activities resumed and there was a renewed focus on protecting electronic equipment from power surges. The growing emphasis on electrical safety and reliability contributed to the market`s recovery.

Key Players of the Market

The India surge arresters market is catered to by various electrical and power protection equipment manufacturers. Some prominent players include Siemens Limited, L&T Electrical & Automation, General Electric Company (GE), and ABB India Limited. These companies offer surge arresters for electrical and electronic systems, protecting them from voltage spikes and surges. Their focus on surge protection technology, product reliability, and compliance with safety standards has positioned them as key players in the surge arresters market in India.

Key Highlights of the Report:

  • India Surge Arresters Market Outlook
  • Market Size of India Surge Arresters Market, 2024
  • Forecast of India Surge Arresters Market, 2031
  • Historical Data and Forecast of India Surge Arresters Revenues & Volume for the Period 2021-2031
  • India Surge Arresters Market Trend Evolution
  • India Surge Arresters Market Drivers and Challenges
  • India Surge Arresters Price Trends
  • India Surge Arresters Porter's Five Forces
  • India Surge Arresters Industry Life Cycle
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Polymeric for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Porcelain for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By End User for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Utilities for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Industries for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Transportation for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By AIS for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By GIS for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Voltage for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Medium Voltage for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By High Voltage for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Extra High Voltage for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Class for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Distribution Class for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Intermediate Class for the Period 2021-2031
  • Historical Data and Forecast of India Surge Arresters Market Revenues & Volume By Station Class for the Period 2021-2031
  • India Surge Arresters Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End User
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Voltage
  • Market Opportunity Assessment By Class
  • India Surge Arresters Top Companies Market Share
  • India Surge Arresters Competitive Benchmarking By Technical and Operational Parameters
  • India Surge Arresters Company Profiles
  • India Surge Arresters Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Arresters Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Surge Arresters Market Revenues & Volume, 2021 & 2031F

3.3 India Surge Arresters Market - Industry Life Cycle

3.4 India Surge Arresters Market - Porter's Five Forces

3.5 India Surge Arresters Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Surge Arresters Market Revenues & Volume Share, By End User, 2021 & 2031F

3.7 India Surge Arresters Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 India Surge Arresters Market Revenues & Volume Share, By Voltage, 2021 & 2031F

3.9 India Surge Arresters Market Revenues & Volume Share, By Class, 2021 & 2031F

4 India Surge Arresters Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing investments in infrastructure development in India

4.2.2 Growing demand for reliable power supply in industrial and residential sectors

4.2.3 Rising awareness about the importance of surge protection in electronic devices

4.3 Market Restraints

4.3.1 Price volatility of raw materials used in surge arresters

4.3.2 Competition from alternative technologies for power protection

4.3.3 Challenges in maintaining product quality and reliability

5 India Surge Arresters Market Trends

6 India Surge Arresters Market, By Types

6.1 India Surge Arresters Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Surge Arresters Market Revenues & Volume, By Type, 2021-2031F

6.1.3 India Surge Arresters Market Revenues & Volume, By Polymeric, 2021-2031F

6.1.4 India Surge Arresters Market Revenues & Volume, By Porcelain, 2021-2031F

6.2 India Surge Arresters Market, By End User

6.2.1 Overview and Analysis

6.2.2 India Surge Arresters Market Revenues & Volume, By Utilities, 2021-2031F

6.2.3 India Surge Arresters Market Revenues & Volume, By Industries, 2021-2031F

6.2.4 India Surge Arresters Market Revenues & Volume, By Transportation, 2021-2031F

6.3 India Surge Arresters Market, By Application

6.3.1 Overview and Analysis

6.3.2 India Surge Arresters Market Revenues & Volume, By AIS, 2021-2031F

6.3.3 India Surge Arresters Market Revenues & Volume, By GIS, 2021-2031F

6.4 India Surge Arresters Market, By Voltage

6.4.1 Overview and Analysis

6.4.2 India Surge Arresters Market Revenues & Volume, By Medium Voltage, 2021-2031F

6.4.3 India Surge Arresters Market Revenues & Volume, By High Voltage, 2021-2031F

6.4.4 India Surge Arresters Market Revenues & Volume, By Extra High Voltage, 2021-2031F

6.5 India Surge Arresters Market, By Class

6.5.1 Overview and Analysis

6.5.2 India Surge Arresters Market Revenues & Volume, By Distribution Class, 2021-2031F

6.5.3 India Surge Arresters Market Revenues & Volume, By Intermediate Class, 2021-2031F

6.5.4 India Surge Arresters Market Revenues & Volume, By Station Class, 2021-2031F

7 India Surge Arresters Market Import-Export Trade Statistics

7.1 India Surge Arresters Market Export to Major Countries

7.2 India Surge Arresters Market Imports from Major Countries

8 India Surge Arresters Market Key Performance Indicators

8.1 Number of new infrastructure projects announced in India

8.2 Percentage increase in sales of electronic devices in India

8.3 Adoption rate of surge protection devices in industrial and residential sectors

9 India Surge Arresters Market - Opportunity Assessment

9.1 India Surge Arresters Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Surge Arresters Market Opportunity Assessment, By End User, 2021 & 2031F

9.3 India Surge Arresters Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 India Surge Arresters Market Opportunity Assessment, By Voltage, 2021 & 2031F

9.5 India Surge Arresters Market Opportunity Assessment, By Class, 2021 & 2031F

10 India Surge Arresters Market - Competitive Landscape

10.1 India Surge Arresters Market Revenue Share, By Companies, 2024

10.2 India Surge Arresters Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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