Market Size for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Myanmar - 2022
Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V Consumption in Myanmar - 2022
In 2022, the amount of lightning arresters, voltage limiters and surge suppressors for over 1000 v consumed in Myanmar skyrocketed to 231K units, picking up by 74% on 2021 figures. Overall, consumption saw a prominent expansion. Consumption of peaked at 447K units in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
The revenue of the market for lightning arresters, voltage limiters and surge suppressors for over 1000 v in Myanmar skyrocketed to $879K in 2022, picking up by 57% 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). In general, consumption recorded moderate growth. As a result, consumption attained the peak level of $1.6M. From 2021 to 2022, the growth of the market remained at a lower figure.
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