In 2023, Germany led the global export market for Lightning Arresters & Voltage or Surge Limiters over 1 kV, followed closely by China and the United States. The strongest one-year growth was in Namibia, with a remarkable rise of 235.9%. Other noticeable increases were seen in Romania (11.15%) and Ivory Coast (16.76%). However, Cyprus and Italy observed significant declines, with reductions of 13.57% and 40.01%, respectively. Over the past five years, exports from China have consistently grown, pointing to a likely leadership shift in the near future due to its strong CAGR.
Future trends to watch in this market include the growing influence of Asian exporters like China, driven by technological advancements and infrastructure demands. Additionally, emerging markets with significant recent growth, such as Namibia and Ivory Coast, could become increasingly important players. Monitoring technological innovations and regional trade policies will be crucial for assessing future market dynamics.
Top countries in Export of Lightning Arresters & Voltage or Surge Limiters of 1 kV and More by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 113,390,000 | 2023 | +1.24% | +0.5% | View data |
| 2 | 2 China | 103,440,000 | 2023 | +3.13% | +3.25% | View data |
| 3 | 3 United States | 82,543,000 | 2023 | -0.37% | -0.12% | View data |
| 4 | 4 Switzerland | 50,547,000 | 2023 | +3.38% | +4.11% | View data |
| 5 | 5 France | 33,227,000 | 2023 | -2.26% | -3.17% | View data |
| 6 | 6 Sweden | 31,849,000 | 2023 | -1.89% | -0.94% | View data |
| 7 | 7 Mexico | 23,561,000 | 2023 | +4.99% | +4.81% | View data |
| 8 | 8 Singapore | 17,952,000 | 2023 | +4.19% | +3.05% | View data |
| 9 | 9 United Kingdom | 17,154,000 | 2023 | +1.71% | +0.82% | View data |
| 10 | 10 Spain | 13,032,000 | 2023 | +1.62% | +1.66% | View data |
