Market Size for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Slovakia - 2022

Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V Consumption in Slovakia - 2022

In 2022, consumption of lightning arresters, voltage limiters and surge suppressors for over 1000 v increased by 43% to 173K units, rising for the second consecutive year after two years of decline. In general, the total consumption indicated strong growth from 2017 to 2022: its volume increased at an average annual rate of +9.9% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +124.0% against 2020 indices. Over the period under review, consumption of attained the maximum volume in 2022 and is likely to see gradual growth in years to come.

The size of the market for lightning arresters, voltage limiters and surge suppressors for over 1000 v in Slovakia soared to $3.3M in 2022, jumping 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). Overall, consumption continues to indicate a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Source: IndexBox Market Intelligence Platform

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Free Data: Lightning Arresters, Voltage Timiters and Surge Suppressors for over 1000 V - Slovakia