Surge Arrester is device that protects electrical power system from damage caused by lightning and switching effects. It is sometimes known as surge protection device to protect equipment in transmission of power and in distribution system. The global surge arrester market is expected to grow at 5.5% CAGR in the projected years. Globally, there is an increase in demand of power generation, expansion of smart grid network, increasing investment in transmission and distribution facilities, ... Read more
Surge arrester is an equipment that shields electrical power system from harmful impacts of switching effects and lightning. It is often known as surge protection device as it safeguards the device in transferring of power and in distribution system. According to the reports published by Market Research Future, the surge arrester market is likely to develop at 5.5% CAGR over the forecast period. On a global scale, there is a rise in ... Read more