Market Overview:
The global grounding bars market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electrical and electronic equipment, rising construction activities, and growing awareness about safety measures. Based on type, the galvanized grounding bars segment is projected to lead the global market during the forecast period. This growth can be attributed to their high corrosion resistance and durability. Based on application, the construction industry segment is projected to lead the global market during the forecast period.
Product Definition:
A grounding bar is a metal bar that is inserted into the ground to provide a path for electricity to flow from an electrical system into the earth. This helps prevent shocks and protects people and equipment from potentially dangerous electric currents. Grounding bars are typically used in industrial or commercial settings, where there is greater risk of electrical accidents.
Galvanized Grounding Bars:
Galvanized grounding bars are used in the electrical and electronic industry for various applications such as bonding, mounting, earthing and neutralizing. They are made of aluminum or steel sheets coated with zinc. The major factor that propels the growth of Galvanized Grounding Bars market is its extensive usage in bonding, mounting, earthing & neutralizing applications across different industries such as construction & building equipment sector; automotive sector; oil & gas sector; power generation sectors among others.
Copper Plated Grounding Bars:
Copper-plated grounding bars are used in the electrical and electronic industry for providing a reliable connection between earth ground and an equipment's surface. They are available in different shapes, sizes, and coatings. The copper coating on the bar increases its conductivity by making it an efficient path for electricity to travel through.
Application Insights:
The construction industry accounted for the largest market share in 2016 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand from developing countries, such as China, India and Brazil. In addition, technological advancements in equipment are also expected to drive product demand in this segment over the next eight years.
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities, especially in developing countries such as India, China, Japan and Australia. In addition, rising demand for data centers by companies based out of China is anticipated to drive the regional market growth over the forecast period.
Europe was estimated at USD X million in 2016 and is projected to grow at a significant rate during the forecast years due to increasing use of grounding conductors in power distribution lines across various countries including Germany, France Italy Spain U.K., Netherlands Belgium Sweden Finland Russia Poland Hungary Romania Bulgaria & Greece among others.
Growth Factors:
- Increasing demand for grounding bars from the construction and automotive industries
- Growing popularity of using grounding bars in data centers to protect electronic equipment against power surges and lightning strikes
- Rising concerns over safety and electrical fires, which is driving demand for better-quality grounding systems
- Technological advancements that have led to the development of new types of grounding bars, such as those made from aluminum or copper alloys
- The growing trend of using standardized connectors on grounding bars, which makes them easier to install and use
Scope Of The Report
Report Attributes
Report Details
Report Title
Grounding Bars Market Research Report
By Type
Galvanized Grounding Bars, Copper Plated Grounding Bars, Graphite Grounding Bars, Stainless Steel Grounding Bars, Solid Copper Grounding Bars
By Application
Construction Industry, Manufacturing Sector, Power Industry, Telecom and Data Center Industry, Other
By Companies
Pentair (Erico), ABB, Schneider Electric, Nehring Electrical Works, A. N. Wallis, Galvan Electrical, GE, Eaton, Siemens, Harger Lightning & Grounding, Kingsmill Industries, INGESCO, Kopell Grounding System, Gmax Electric, JMV LPS Limited, Jinhua City New Hangsun, Hanzhou Zhi Hong Fang Lei, Southern Grounding
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Grounding Bars Market Report Segments:
The global Grounding Bars market is segmented on the basis of:
Types
Galvanized Grounding Bars, Copper Plated Grounding Bars, Graphite Grounding Bars, Stainless Steel Grounding Bars, Solid Copper Grounding Bars
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
Construction Industry, Manufacturing Sector, Power Industry, Telecom and Data Center Industry, Other
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:
- Pentair (Erico)
- ABB
- Schneider Electric
- Nehring Electrical Works
- A. N. Wallis
- Galvan Electrical
- GE
- Eaton
- Siemens
- Harger Lightning & Grounding
- Kingsmill Industries
- INGESCO
- Kopell Grounding System
- Gmax Electric
- JMV LPS Limited
- Jinhua City New Hangsun
- Hanzhou Zhi Hong Fang Lei
- Southern Grounding
Highlights of The Grounding Bars 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:
- Galvanized Grounding Bars
- Copper Plated Grounding Bars
- Graphite Grounding Bars
- Stainless Steel Grounding Bars
- Solid Copper Grounding Bars
- By Application:
- Construction Industry
- Manufacturing Sector
- Power Industry
- Telecom and Data Center Industry
- Other
- 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 Grounding Bars 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
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- 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?
Grounding bars are metal bars that are installed in the earth to provide a physical connection between the electrical system and the ground. This connection helps to reduce electric current from flowing through the earth and into other parts of your home or business.
Some of the key players operating in the grounding bars market are Pentair (Erico), ABB, Schneider Electric, Nehring Electrical Works, A. N. Wallis, Galvan Electrical, GE, Eaton, Siemens, Harger Lightning & Grounding, Kingsmill Industries, INGESCO, Kopell Grounding System, Gmax Electric, JMV LPS Limited, Jinhua City New Hangsun, Hanzhou Zhi Hong Fang Lei, Southern Grounding.
The grounding bars market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Grounding Bars 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 Grounding Bars Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Grounding Bars 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 Grounding Bars 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 Grounding Bars Market Size & Forecast, 2020-2028
4.5.1 Grounding Bars Market Size and Y-o-Y Growth
4.5.2 Grounding Bars Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Galvanized Grounding Bars
5.2.2 Copper Plated Grounding Bars
5.2.3 Graphite Grounding Bars
5.2.4 Stainless Steel Grounding Bars
5.2.5 Solid Copper Grounding Bars
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Construction Industry
6.2.2 Manufacturing Sector
6.2.3 Power Industry
6.2.4 Telecom and Data Center Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Grounding Bars 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 Grounding Bars 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Galvanized Grounding Bars
9.6.2 Copper Plated Grounding Bars
9.6.3 Graphite Grounding Bars
9.6.4 Stainless Steel Grounding Bars
9.6.5 Solid Copper Grounding Bars
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 Market Size Forecast by Applications
9.10.1 Construction Industry
9.10.2 Manufacturing Sector
9.10.3 Power Industry
9.10.4 Telecom and Data Center Industry
9.10.5 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Galvanized Grounding Bars
10.6.2 Copper Plated Grounding Bars
10.6.3 Graphite Grounding Bars
10.6.4 Stainless Steel Grounding Bars
10.6.5 Solid Copper Grounding Bars
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 Market Size Forecast by Applications
10.10.1 Construction Industry
10.10.2 Manufacturing Sector
10.10.3 Power Industry
10.10.4 Telecom and Data Center Industry
10.10.5 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Galvanized Grounding Bars
11.6.2 Copper Plated Grounding Bars
11.6.3 Graphite Grounding Bars
11.6.4 Stainless Steel Grounding Bars
11.6.5 Solid Copper Grounding Bars
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 Market Size Forecast by Applications
11.10.1 Construction Industry
11.10.2 Manufacturing Sector
11.10.3 Power Industry
11.10.4 Telecom and Data Center Industry
11.10.5 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Galvanized Grounding Bars
12.6.2 Copper Plated Grounding Bars
12.6.3 Graphite Grounding Bars
12.6.4 Stainless Steel Grounding Bars
12.6.5 Solid Copper Grounding Bars
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 Market Size Forecast by Applications
12.10.1 Construction Industry
12.10.2 Manufacturing Sector
12.10.3 Power Industry
12.10.4 Telecom and Data Center Industry
12.10.5 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Galvanized Grounding Bars
13.6.2 Copper Plated Grounding Bars
13.6.3 Graphite Grounding Bars
13.6.4 Stainless Steel Grounding Bars
13.6.5 Solid Copper Grounding Bars
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) Market Size Forecast by Applications
13.10.1 Construction Industry
13.10.2 Manufacturing Sector
13.10.3 Power Industry
13.10.4 Telecom and Data Center Industry
13.10.5 Other
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 Grounding Bars Market: Competitive Dashboard
14.2 Global Grounding Bars Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pentair (Erico)
14.3.2 ABB
14.3.3 Schneider Electric
14.3.4 Nehring Electrical Works
14.3.5 A. N. Wallis
14.3.6 Galvan Electrical
14.3.7 GE
14.3.8 Eaton
14.3.9 Siemens
14.3.10 Harger Lightning & Grounding
14.3.11 Kingsmill Industries
14.3.12 INGESCO
14.3.13 Kopell Grounding System
14.3.14 Gmax Electric
14.3.15 JMV LPS Limited
14.3.16 Jinhua City New Hangsun
14.3.17 Hanzhou Zhi Hong Fang Lei
14.3.18 Southern Grounding
