Earthing Lightning Protection System encompasses external lighting protection, effective earthing and transient overvoltage protection (surge protection of electronic systems), etc. Lightning protection systems are the modern development of the innovation pioneered by Benjamin Franklin- the lightning rod. Today, lightning protection systems are in use on thousands of buildings, homes, factories, towers, and even the Space Shuttle's launch pad. An earthing system or grounding system is circuitry which connects parts of the electric circuit with the ground, thus defining the electric potential of the conductors relative to the Earth's conductive surface. The choice of earthing system can affect the safety and electromagnetic compatibility of the power supply.
For industry structure analysis, the Earthing Lightning Protection System industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top two producers account for about 50% of the revenue market. Regionally, Europe & UK is the biggest production value area of valves, also the leader in the whole Earthing Lightning Protection System industry.
Far East (East Asia) occupied 24.96% of the production market in 2015. It is followed by Europe & UK and North America, which respectively account for around 21.01% and 19.07% of the global total industry. Geographically, Far East (East Asia) was the largest consumption market in the world, which took about 24.62% of the global consumption volume in 2015.
According to this study, over the next five years the Earthing Lightning Protection System market will register a 6.1% CAGR in terms of revenue, the global market size will reach USD 3360 million by 2024, from USD 2350 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Earthing Lightning Protection System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Earthing Lightning Protection System market by product type, application, key manufacturers and key regions and countries.
This study considers the Earthing Lightning Protection System value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Lighting Protection System
Earthing System
Other
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Homes
Factories
Towers
Space Shuttle's Launch Pad
Solar Application
Oil & Gas Application
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Furse
Wallis
Erico
Kumwell
LPI
Leeweld
Gersan
Hex
Axis
Super Impex
RR
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Earthing Lightning Protection System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Earthing Lightning Protection System market by identifying its various subsegments.
Focuses on the key global Earthing Lightning Protection System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Earthing Lightning Protection System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Earthing Lightning Protection System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
