How Big is the Surge Arrester Market | Industry Trends & Forecast 2025

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Code: MTA9089

Publication Date: Sep 2025

How Big is the Surge Arrester Market?

According to 6Wresearch internal database and industry insights, the Global Surge Arrester Market was valued at USD 1.9 Billion in 2024 and is expected to reach USD 2.7 Billion by 2031, growing at a compound annual growth rate of 5.10% during the forecast period (2025-2031).

The expansion of the market is driven by increasing demand for reliable power transmission, and growing industrialization, rising electricity consumption, and technological advancements in surge protection devices.

Key Growth Drivers of the Surge Arrester Market

Growing demand for dependable power sources and electricity
Increased need for equipment protection against voltage surges
Expansion of commercial, residential, and industrial power infrastructure
Technological developments in metal-oxide and polymer surge arresters
Increasing spending on energy-efficient systems and smart grids

Surge Arrester Market Trends

Surge Arrester Market is seeing a strong growth with trends such as the increasing adoption of metal-oxide varistor (MOV) and polymer-housed surge arresters. The deployment of smart grid systems is driving the need for reliable surge protection. Growing focus on renewable energy integration, such as solar and wind, is boosting arrester demand. The trend of compact and modular designs is increasing installation efficiency. Manufacturers are innovating for higher voltage ratings and enhanced durability. Increasing awareness about equipment safety and industrial automation is influencing market growth. Additionally, surge arresters with remote monitoring and IoT capabilities are gaining popularity.

Emerging Developments in the Surge Arrester Market

Emerging developments in the Surge Arrester Market include advancements in polymer-housed and hybrid surge arresters for enhanced performance. Research and development is still going on for high-capacity arresters for power transmission and renewable energy systems. Businesses are concentrating on small designs and materials that resist corrosion. For specialized solutions, partnerships with utility companies are growing. Predictive maintenance and smart monitoring system integration is becoming more common. Growth is aided by the expansion of infrastructure in developing nations. Innovation is also being driven by the use of eco-friendly materials and adherence to strict safety regulations.