The global surge arrester market is valued at US$ 2.01 billion in 2023 and is expected to grow to US$ 3.26 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5% over the forecast period from 2023 to 2033. Surge arresters, also known as lightning arresters, play a crucial role in safeguarding electrical equipment from voltage spikes, particularly in the case of lightning strikes...