Market Size for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in South Africa - 2022
Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V Consumption in South Africa - 2022
In 2022, after two years of decline, there was significant growth in consumption of lightning arresters, voltage limiters and surge suppressors for over 1000 v, when its volume increased by 13% to 488K units. In general, consumption, however, continues to indicate a abrupt curtailment. Consumption of peaked at 1.1M units in 2017; however, from 2018 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 South Africa was estimated at $3.1M in 2022, remaining stable 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, however, continues to indicate a abrupt decline. Consumption of peaked at $8M in 2017; however, from 2018 to 2022, consumption failed to regain momentum.
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