Line Surge Arresters (LSA) Market
Line Surge Arresters (LSA) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Line Surge Arresters (LSA) Market Size and Growth
The Line Surge Arresters (LSA) market is experiencing robust growth, driven by increasing demand for surge protection in electrical grids. The market is projected to reach approximately $1.5 billion by 2025, with a CAGR of around 5%. Key trends include advancements in technology and rising investments in renewable energy infrastructure.
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Companies Covered
(Covid 19 Impact Covered)
◍ Hitachi Energy
◍ Toshiba
◍ Hubbell Power Systems
◍ Siemens Energy
◍ Meiden (Tridelta Meidensha)
The Line Surge Arresters (LSA) Market features key players like Hitachi Energy, Toshiba, Hubbell Power Systems, Siemens Energy, and Meiden. These companies enhance product innovation, expand global distribution, and focus on sustainability, driving market growth. Revenue figures include:
- Hitachi Energy: $10 billion
- Siemens Energy: $9 billion
- Toshiba: $3.5 billion
Market Segmentation
By Application
◍ 35 kV and Below
◍ Above 35 kV
By Product
◍ Non-Gapped Line Arrester (NGLA)
◍ Externally Gapped Line Arrester (EGLA)
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Market Growth
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$ X Billion USD
