The surge arrester market is estimated to be valued at USD 1.96 Bn in 2025 and is expected to reach USD 2.93 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.9% from 2025 to 2032. https://www.zupyak.com/p/4590300/t/surge-arrester-market-poised-for-growth-amid-grid-modernization