The Medium Voltage Surge Arrester Market size was valued at USD 767.5 million in 2024 and is anticipated to reach USD 1066.6 million by 2032, at a CAGR of 4.2% during the forecast period (2024-2032).
REPORT ATTRIBUTE
DETAILS
Historical Period
2020-2023
Base Year
2024
Forecast Period
2025-2032
Medium Voltage Surge Arrester Market Size 2024
USD 767.5 million
Medium Voltage Surge Arrester Market, CAGR
4.2%
Medium Voltage Surge Arrester MarketSize 2032
USD 1066.6 million
Key drivers for the growth of the medium voltage surge arrester market include the rising demand for renewable energy sources, particularly wind and solar power, which require robust electrical protection systems. Additionally, the increasing adoption of smart grid technologies and the ongoing industrialization in developing regions are contributing to the market’s expansion. Surge arresters are essential in mitigating the risk of equipment damage caused by electrical surges, supporting their growing adoption across diverse industries. The growing focus on improving electrical infrastructure resilience and preventing costly downtime also boosts market demand.
Regionally, Asia-Pacific dominates the market, driven by the rapid industrialization and infrastructure development in countries like China, India, and Japan. North America and Europe are also significant markets due to their mature power infrastructure and emphasis on energy efficiency and reliability. These regions continue to invest in grid modernization and the integration of renewable energy, further driving the demand for surge arresters.
Market Insights:
The Medium Voltage Surge Arrester Market was valued at USD 767.5 million in 2024 and is expected to reach USD 1066.6 million by 2032, growing at a CAGR of 4.2%.
The rising adoption of wind and solar energy, which cause voltage fluctuations, increases the need for surge protection solutions, driving market growth.
The adoption of smart grid technologies requires surge protection systems to manage voltage surges, supporting the growing demand for medium voltage surge arresters.
Rapid industrialization and infrastructure development in emerging economies fuel the demand for surge arresters in industries like manufacturing and construction.
The high initial cost and complexity of installation pose challenges, particularly in developing regions where budget constraints are common.
Asia-Pacific dominates the market due to rapid industrialization and the growing adoption of renewable energy, making it the largest region for surge arresters.
North America and Europe continue to invest in grid modernization and renewable energy, sustaining demand for medium voltage surge arresters in these regions.
Access crucial information at unmatched prices!
Request your sample report today & start making informed decisions powered by Credence Research Inc.!
The growing adoption of renewable energy sources such as wind and solar power plays a pivotal role in driving the Medium Voltage Surge Arrester Market. These renewable sources generate unpredictable power fluctuations, which increase the risk of electrical surges. Surge arresters are essential in protecting electrical systems from damage caused by these fluctuations. As governments worldwide focus on transitioning to cleaner energy, the need for reliable surge protection solutions becomes more critical, leading to higher demand for medium voltage surge arresters.
For instance, Siemens’ 3EK7 silicone rubber surge arresters feature a cage design with very high mechanical strength, providing reliable overvoltage protection for systems with rated voltages up to 60 kV.
Expansion of Smart Grid Technologies
The adoption of smart grid technologies is another significant driver for the Medium Voltage Surge Arrester Market. Smart grids enable better control, monitoring, and management of electricity distribution, but they also expose electrical systems to new risks, including surges. Surge arresters protect sensitive smart grid equipment from voltage spikes, ensuring stable operations. The increasing roll-out of smart grids globally amplifies the need for reliable surge protection solutions to safeguard infrastructure and prevent costly failures.
Infrastructure Modernization and Industrialization in Developing Regions
Rapid industrialization and infrastructure development in emerging economies contribute to the growth of the Medium Voltage Surge Arrester Market. As these regions expand their electrical networks to support industrial activities, the demand for surge protection systems grows. Surge arresters protect vital equipment in industries like manufacturing, mining, and construction from the damaging effects of electrical surges, ensuring continuous operations. Infrastructure projects in these regions drive increased investments in power protection solutions.
For instance, Siemens Energy’s 3EQ2 medium voltage surge arrester supports system voltages up to 550 kV, utilizing a composite polymer hollow core design that ensures mechanical stability and operational safety even under demanding industrial conditions.
Need for Improved Power System Resilience
The growing emphasis on improving the resilience of power systems to ensure continuous, reliable electricity supply also supports the growth of the Medium Voltage Surge Arrester Market. Power outages, due to surge-related damages, can disrupt operations, leading to economic losses. Surge arresters play a vital role in enhancing power system resilience by mitigating risks posed by electrical surges. The increasing focus on minimizing downtime and preventing equipment damage drives the market’s demand for surge arresters.
Market Trends:
Growing Focus on Sustainable and Energy-Efficient Solutions
A significant trend in the Medium Voltage Surge Arrester Market is the increasing demand for energy-efficient and environmentally sustainable solutions. As industries and governments worldwide prioritize green technologies, surge arresters designed with energy efficiency in mind are gaining popularity. These arresters help protect electrical systems while minimizing energy loss, aligning with global sustainability goals. The growing adoption of renewable energy sources, such as wind and solar, further supports this trend, as these sources require enhanced surge protection for grid integration. As the focus shifts toward sustainable infrastructure, medium voltage surge arresters are evolving to meet both performance and environmental standards, driving their demand.
For instance, Hitachi Energy’s MWD surge arrester is designed for the secure protection of indoor medium-voltage systems up to 52 kV.
Technological Advancements in Surge Protection Systems
Technological innovation continues to shape the Medium Voltage Surge Arrester Market, with advancements improving the performance and reliability of surge protection systems. Modern surge arresters now feature enhanced materials, better design, and improved durability, offering superior protection for electrical systems. These technological advancements enable surge arresters to handle more complex power surge scenarios, particularly in the context of growing smart grid infrastructure. The integration of monitoring capabilities into surge protection systems also allows for real-time detection and response, further enhancing system reliability. As industries seek more advanced solutions for power protection, the market for high-tech medium voltage surge arresters continues to expand.
For instance, Siemens Energy’s 3EX5 060 sensor, which measures leakage current, can be connected to a display unit installed up to 200 meters away, allowing for convenient and remote visualization of the arrester’s status.
Market Challenges Analysis:
High Initial Cost and Installation Complexity
One of the key challenges in the Medium Voltage Surge Arrester Market is the high initial cost and complexity of installation. Surge arresters, particularly those designed for high-performance systems, can require significant capital investment, which may deter some organizations from adopting them. The complexity of integrating these systems into existing infrastructure can also pose a challenge. For companies operating in developing regions or with limited budgets, the cost of procurement and installation may outweigh the immediate benefits, slowing market growth.
Lack of Awareness and Technical Expertise
A significant barrier to market expansion is the lack of awareness and technical expertise surrounding the importance and functionality of surge arresters. Many businesses still underestimate the risks associated with electrical surges, leading to a lack of proactive investment in surge protection. Additionally, the specialized nature of surge arrester installation requires skilled professionals who are not always readily available in certain regions. This shortage of expertise can hinder effective adoption and delay the integration of these crucial systems into power networks, limiting growth in the Medium Voltage Surge Arrester Market.
Market Opportunities:
Expansion of Smart Grid and Renewable Energy Projects
The rapid expansion of smart grid technologies and renewable energy projects presents significant opportunities for the Medium Voltage Surge Arrester Market. As governments and industries focus on modernizing power infrastructure to accommodate renewable sources like wind and solar, the demand for surge protection systems grows. Surge arresters are essential to ensuring the stability and safety of these systems, offering reliable protection against electrical surges. The increasing integration of smart grids across regions also drives the need for advanced surge protection solutions, creating a substantial growth opportunity for the market.
Emerging Markets and Industrialization
The ongoing industrialization and infrastructure development in emerging economies offer another promising opportunity for the Medium Voltage Surge Arrester Market. As countries in Asia-Pacific, Africa, and Latin America continue to invest in upgrading their power grids and electrical networks, the demand for medium voltage surge arresters increases. Surge protection solutions will become more critical as these regions expand their industrial sectors, making surge arresters an essential component of reliable power systems. The market stands to benefit from these developments, particularly in rapidly growing industries such as manufacturing, mining, and infrastructure.
Market Segmentation Analysis:
By Type
The market is primarily divided into two types: polymeric and ceramic surge arresters. Polymeric surge arresters are gaining preference due to their lightweight and durable construction, offering better performance in harsh environments. Ceramic arresters, while more traditional, continue to hold a significant share due to their cost-effectiveness and reliability in established infrastructure.
For instance, TE Connectivity’s PAA series of polymeric surge arresters exemplifies high performance, as it is engineered to withstand a high current impulse of 100 kA.
By Application
The applications of medium voltage surge arresters span across various industries, including power generation, transmission and distribution, renewable energy, and industrial applications. The power generation sector holds a substantial share, driven by the need to protect equipment from voltage surges in power plants. The increasing integration of renewable energy sources, such as wind and solar, also contributes significantly to the growing demand for surge arresters in this segment.
For instance, specifically for the renewable energy sector, Phoenix Contact’s FLT-SEC-T1+T2 surge arrester is designed to protect wind turbine systems and features a lightning impulse discharge current rating of 25 kA.
By Voltage Rating
Surge arresters in the market are available in different voltage ratings, typically ranging from 1 kV to 36 kV. The 11 kV to 15 kV range dominates the market, owing to its widespread use in industrial and utility applications. As industries and grids evolve, surge arresters with higher voltage ratings are gaining traction to meet the demands of larger, more complex electrical systems.
Segmentations:
By Type
Polymeric Surge Arresters
Ceramic Surge Arresters
By Application
Power Generation
Transmission and Distribution
Renewable Energy
Industrial Applications
By Voltage Rating
1 kV to 11 kV
11 kV to 15 kV
15 kV to 36 kV
By End-User
Utilities
Industrial Sector
Commercial Sector
Residential Sector
By Region
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Russia
Belgium
Netherlands
Austria
Sweden
Poland
Denmark
Switzerland
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
Australia
Thailand
Indonesia
Vietnam
Malaysia
Philippines
Taiwan
Rest of Asia Pacific
Latin America
Brazil
Argentina
Peru
Chile
Colombia
Rest of Latin America
Middle East
UAE
KSA
Israel
Turkey
Iran
Rest of Middle East
Africa
Egypt
Nigeria
Algeria
Morocco
Rest of Africa
Regional Analysis:
Asia-Pacific: Leading the Market
Asia-Pacific holds the largest share of the Medium Voltage Surge Arrester Market, accounting for 42% of the global market. This dominance is driven by rapid industrialization and infrastructure development in countries like China, India, and Japan. Surge arresters are essential in protecting the expanding electrical infrastructure in these regions, especially with the increasing adoption of renewable energy sources like solar and wind. The region’s growing manufacturing sector and large-scale infrastructure projects will continue to drive the demand for surge protection solutions.
North America: Strong Demand from Mature Infrastructure
North America holds 28% of the Medium Voltage Surge Arrester Market, thanks to its mature power infrastructure and focus on energy efficiency. The U.S. and Canada continue to invest in grid modernization, renewable energy integration, and smart grid technologies, all of which increase the need for surge protection systems. Surge arresters are crucial in ensuring the reliability and resilience of electrical systems, particularly as power distribution networks evolve to accommodate renewable energy sources. The regulatory environment in North America further supports the adoption of advanced surge protection solutions.
Europe: Steady Growth Driven by Renewable Energy Initiatives
Europe accounts for 22% of the Medium Voltage Surge Arrester Market, with steady growth driven by its commitment to renewable energy and sustainable infrastructure. The European Union’s green energy policies, which promote solar, wind, and other renewable sources, have increased the demand for surge protection systems. Countries like Germany, France, and the UK are modernizing their electrical grids to integrate renewables, requiring robust surge arresters to maintain system stability. The growing adoption of smart grids in the region further boosts the market for surge arresters.
Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!
The Medium Voltage Surge Arrester Market is highly competitive, with key players focusing on product innovation and strategic partnerships to maintain market position. Leading companies in this market include Schneider Electric, Siemens AG, ABB Ltd., and General Electric. These companies are investing in research and development to offer advanced surge arresters with improved performance, longer lifespan, and higher reliability. Strategic collaborations with utility providers and power generation companies also enhance their market presence. Smaller players focus on providing cost-effective solutions and catering to specific regional needs, creating opportunities for niche markets. Companies are increasingly emphasizing the integration of surge protection systems in renewable energy projects, smart grids, and industrial infrastructure. This shift in focus supports market growth by addressing emerging customer demands for enhanced protection against electrical surges. Competitive dynamics will continue to evolve as companies expand their product portfolios and improve customer service.
Recent Developments:
In June 2025, ABB expanded its large robot portfolio by launching the IRB 6730S, IRB 6750S, and IRB 6760 models, which are powered by the OmniCore controller.
In June 2025, Siemens expanded its partnership with NVIDIA to further the use of AI and accelerated computing in manufacturing.
In July 2025, Eaton announced its agreement to acquire Resilient Power Systems Inc. to enhance its EV charging and power distribution technologies.
Report Coverage:
The research report offers an in-depth analysis based on Type, Application, Voltage Rating, End-User and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook:
The Medium Voltage Surge Arrester Market will continue to grow as industrialization and infrastructure development expand globally.
Increased demand for renewable energy sources such as wind and solar will drive the need for more surge protection systems.
The adoption of smart grids will lead to greater integration of surge arresters to ensure system stability and reliability.
As developing economies expand their power grids, the need for surge arresters to protect electrical infrastructure will increase.
Technological advancements in surge arresters will improve performance, offering higher durability and resistance to extreme conditions.
Renewable energy projects, particularly in wind and solar, will increasingly require surge protection systems to handle voltage fluctuations.
The growing focus on energy-efficient systems and power protection will support sustained demand for medium voltage surge arresters.
North America and Europe will continue to invest in grid modernization, driving growth in these regions.
Asia-Pacific will remain a dominant market, supported by industrial expansion and increasing investments in renewable energy.
The rise of electric vehicles and smart infrastructure will further boost the need for advanced surge protection solutions in the medium voltage range.
For Table OF Content – Request For Sample Report –
Access crucial information at unmatched prices!
Request your sample report today & start making informed decisions powered by Credence Research Inc.!
We prioritize the confidentiality and security of your data. Our promise: your information remains private.
Ready to Transform Data into Decisions?
Request Your Sample Report and Start Your Journey of Informed Choices
Providing the strategic compass for industry titans.
Frequently Asked Questions
What is the current market size for Medium Voltage Surge Arrester, and what is its projected size in 2032?
The Medium Voltage Surge Arrester Market was valued at USD 767.5 million in 2024 and is expected to reach USD 1066.6 million by 2032.
At what Compound Annual Growth Rate is the Medium Voltage Surge Arrester market projected to grow between 2024 and 2032?
The market is anticipated to grow at a CAGR of 4.2% during the forecast period from 2024 to 2032.
What are the primary factors fueling the growth of the Medium Voltage Surge Arrester market?
The growth is fueled by the rising demand for renewable energy sources, smart grid adoption, and industrialization in developing regions, alongside the need for enhanced electrical infrastructure resilience.
Who are the leading companies in the Medium Voltage Surge Arrester market?
Leading companies include Schneider Electric, Siemens AG, ABB Ltd., and General Electric, all of which focus on product innovation and strategic partnerships.
About Author
Sushant Phapale
ICT & Automation Expert
Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.
The Food Fortification Ingredients market size was valued at USD 56.6 Billion in 2018, increased to USD 94.4 Billion in 2024, and is anticipated to reach USD 167.0 million by 2032, growing at a CAGR of 7.33% during the forecast period.
The Craniomaxillofacial Implants market size was valued at USD 1,362.6 million in 2018, reached USD 2,195.7 million in 2024, and is anticipated to reach USD 4,248.5 million by 2032, at a CAGR of 8.66% during the forecast period.
U.S. Specialty Fats And Oils Market size was valued at USD 4,731.26 million in 2018 to USD 7,153.70 million in 2024 and is anticipated to reach USD 12,467.29 million by 2032, at a CAGR of 6.70% during the forecast period.
The Natural Refrigerants Market was valued at USD 1.75 billion in 2024 and is projected to reach USD 2.85 billion by 2032, growing at a CAGR of 6.3% during the forecast period.
The Global Surgical Drainage Devices Market is projected to grow from USD 2,413.4 million in 2024 to an estimated USD 3,902.3 million by 2032, with a compound annual growth rate (CAGR) of 6.16% from 2025 to 2032.
The Global Textile Chemicals Market is projected to grow from USD 29,960.7 million in 2024 to an estimated USD 42,182.9 million by 2032, with a compound annual growth rate (CAGR) of 4.31% from 2025 to 2032.
The Marine Transducers Market size was valued at USD 746.8 million in 2024 and is anticipated to reach USD 955.8 million by 2032, at a CAGR of 3.2% during the forecast period (2024-2032).
The Laboratory Temperature Control Units Market size was valued at USD 680.8 million in 2024 and is anticipated to reach USD 1031.9 million by 2032, at a CAGR of 5.4% during the forecast period (2024-2032).
The network forensics market size was valued at USD 3.69 billion in 2024 and is anticipated to reach USD 11.06 billion by 2032, at a CAGR of 14.7 % during the forecast period (2024-2032).
Licence Option
The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing. Use restricted to one purchaser only.
$4999
To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis. Unlimited users allowed within one corporate location (e.g., regional office).
$6999
The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc. research team. Permitted for unlimited global use by all users within the purchasing corporation, such as all employees of a single company.
Thank you for the data! The numbers are exactly what we asked for and what we need to build our business case.
Materials Scientist (privacy requested)
The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.
