Market Size for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Croatia - 2022
Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V Consumption in Croatia - 2022
In 2022, approx. 72K units of lightning arresters, voltage limiters and surge suppressors for over 1000 v were consumed in Croatia; waning by -3.4% on 2021 figures. Overall, consumption saw a dramatic setback. Consumption of peaked at 323K units in 2017; however, from 2018 to 2022, consumption failed to regain momentum.
The value of the market for lightning arresters, voltage limiters and surge suppressors for over 1000 v in Croatia rose rapidly to $1.2M in 2022, increasing by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt setback. As a result, consumption reached the peak level of $3.7M. From 2019 to 2022, the growth of the market failed to regain momentum.
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