Surge Arresters Market: Protect Home Appliances from Sudden Power Surge Fuels Demand for Surge Arresters
The highly concentrated structure of the competitive landscape of the global surge arresters market ensures intense rivalry between leading players, finds Transparency Market Research in a recent study. In 2014, the top five surge arrest manufacturers, namely, ABB Ltd., Eaton Corp., Schneider Electric, Emerson Electric, and General Electric, jointly held a share of more than 60% in this market. To withstand this competition, companies are currently focusing on technical advancements of existent offerings. Product innovation is also expected to gain...
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