What's Driving the Surge Arrester Market Size? Key Players Are Schneider Electric, ABB, General Electric, Eaton, Siemens, TE Connectivity
U.S. surge arrester market will witness growth on account of enhanced efforts toward power capacity expansion to meet the increasing electricity demand. In addition, extensive upgradation of power substation to improve the electrical reliability along with growing focus to develop efficient electrification systems to mitigate the flashovers will positively influence the industry growth. For instance, in 2017, a substation stricken by equipment failure led to a huge power outage in San Francisco, left around 90,000 electricity consumers without power. Increasing...
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