Market Overview:
The global earthing lightning protection equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for earthing lightning protection equipment in homes and industrial applications. Additionally, the growing awareness about safety and security is also propelling the growth of this market. The lighting protection system segment is expected to dominate the global earthing lightning protection equipment market during the forecast period. This can be attributed to its ability to protect buildings from direct and indirect strikes by providing a low-resistance path for electricity discharge away from sensitive areas such as electrical panels, communication systems, computer rooms, etc.
Product Definition:
Earthing lightning protection equipment grounds electrical systems and prevents them from being struck by lightning. This equipment is important because it can protect people and property from being damaged in a lightning strike.
Lighting Protection System:
The global lighting protection system, or LPS market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
Earthing System:
The earthing system is used in the equipment that protects people from being electrocuted. It consists of a conductive element and an earth wire which are connected to the building electrical supply through protective tubing. The earth wire normally made up of copper or aluminum is attached to a stake or post, into the ground, for providing a complete circuit around it and protecting it from any Electromagnetic Interference (EMI) and Electrostatic Discharge (ESD).
Application Insights:
The industry is segmented on the basis of application into residential and industrial. The residential sector accounted for a major share in 2016, which can be attributed to growing awareness about earthing protection among consumers. Moreover, rising demand for technologically advanced products with enhanced features such as automatic equipment shutdown in case of fire along with an option to deactivate the same by remote control is expected to fuel market growth over the forecast period.
The industrial sector includes manufacturing facilities and other industries that require heavy electrical equipment due to high risk of electric shock or damage from short circuit situations.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for technologically advanced products in countries, such as China and India. Moreover, rising number of manufacturing facilities in this region will drive the industry further. In addition, growing awareness regarding lightning protection systems will propel the demand further.
Europe Earthing Lighting Protection System Market Size, Share & Trends Analysis Report By Country (Germany, U.K.
Countries like Germany.
Growth Factors:
- Increasing awareness about the benefits of earthing lightning protection equipment among consumers and businesses
- Growing demand for earthing lightning protection equipment from construction and infrastructure sectors
- Rising number of thunderstorms and natural disasters worldwide
- Technological advancements in earthing lightning protection equipment products
- Increasing adoption of earthing lightning protection equipment by small businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Earthing Lightning Protection Equipment Market Research Report
By Type
Lighting Protection System, Earthing System
By Application
Homes, Industrial
By Companies
Furse, Wallis, Erico, Kumwell, LPI, Leeweld, Gersan, Hex, Axis, Super Impex, RR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Earthing Lightning Protection Equipment Market Report Segments:
The global Earthing Lightning Protection Equipment market is segmented on the basis of:
Types
Lighting Protection System, Earthing System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Homes, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Furse
- Wallis
- Erico
- Kumwell
- LPI
- Leeweld
- Gersan
- Hex
- Axis
- Super Impex
- RR
Highlights of The Earthing Lightning Protection Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lighting Protection System
- Earthing System
- By Application:
- Homes
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Earthing Lightning Protection Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Earthing lightning protection equipment is a device that is used to protect people and property from the effects of electric shock. Earthing devices are typically connected to an electrical outlet, in order to allow electrons from the Earth's surface to flow into and neutralize static electricity buildup on objects nearby.
Some of the key players operating in the earthing lightning protection equipment market are Furse, Wallis, Erico, Kumwell, LPI, Leeweld, Gersan, Hex, Axis, Super Impex, RR.
The earthing lightning protection equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Earthing Lightning Protection Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Earthing Lightning Protection Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Earthing Lightning Protection Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Earthing Lightning Protection Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Earthing Lightning Protection Equipment Market Size & Forecast, 2018-2028
4.5.1 Earthing Lightning Protection Equipment Market Size and Y-o-Y Growth
4.5.2 Earthing Lightning Protection Equipment Market Absolute $ Opportunity
Chapter 5 Global Earthing Lightning Protection Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Earthing Lightning Protection Equipment Market Size Forecast by Type
5.2.1 Lighting Protection System
5.2.2 Earthing System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Earthing Lightning Protection Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Earthing Lightning Protection Equipment Market Size Forecast by Applications
6.2.1 Homes
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Earthing Lightning Protection Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Earthing Lightning Protection Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Earthing Lightning Protection Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Earthing Lightning Protection Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Earthing Lightning Protection Equipment Market Size Forecast by Type
9.6.1 Lighting Protection System
9.6.2 Earthing System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Earthing Lightning Protection Equipment Market Size Forecast by Applications
9.10.1 Homes
9.10.2 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Earthing Lightning Protection Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Earthing Lightning Protection Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Earthing Lightning Protection Equipment Market Size Forecast by Type
10.6.1 Lighting Protection System
10.6.2 Earthing System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Earthing Lightning Protection Equipment Market Size Forecast by Applications
10.10.1 Homes
10.10.2 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Earthing Lightning Protection Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Earthing Lightning Protection Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Earthing Lightning Protection Equipment Market Size Forecast by Type
11.6.1 Lighting Protection System
11.6.2 Earthing System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Earthing Lightning Protection Equipment Market Size Forecast by Applications
11.10.1 Homes
11.10.2 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Earthing Lightning Protection Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Earthing Lightning Protection Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Earthing Lightning Protection Equipment Market Size Forecast by Type
12.6.1 Lighting Protection System
12.6.2 Earthing System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Earthing Lightning Protection Equipment Market Size Forecast by Applications
12.10.1 Homes
12.10.2 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Earthing Lightning Protection Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Earthing Lightning Protection Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Earthing Lightning Protection Equipment Market Size Forecast by Type
13.6.1 Lighting Protection System
13.6.2 Earthing System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Earthing Lightning Protection Equipment Market Size Forecast by Applications
13.10.1 Homes
13.10.2 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Earthing Lightning Protection Equipment Market: Competitive Dashboard
14.2 Global Earthing Lightning Protection Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Furse
14.3.2 Wallis
14.3.3 Erico
14.3.4 Kumwell
14.3.5 LPI
14.3.6 Leeweld
14.3.7 Gersan
14.3.8 Hex
14.3.9 Axis
14.3.10 Super Impex
14.3.11 RR
