Global Surge Arrester Market Forecast:
The surge arrester market was estimated at USD 1.6 billion in 2021 and is likely to grow at a CAGR of 5.5% during 2022-2028 to reach USD 2.33 billion in 2028.
Market Dynamics
The growth of the surge arrester market is primarily driven by-
Growing electricity demand,
Large-scale renewable integration,...