Market Overview:
The global lightning strike counter market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about lightning safety and its prevention among end users, such as commercial, government, military, and other sectors. Additionally, the growing demand for advanced digital counters is also propelling the growth of this market. However, lack of standardization across countries is restraining the growth of this market to some extent. Based on type, the global lightning strike counter market can be segmented into digital and mechanical counters.
Product Definition:
The Lightning Strike Counter is an important tool used to prevent lightning strikes.
Digital:
Digital is a new term in the counter-strike market and has been used by only a few companies. The main reason for this is that it's an emerging trend in the gaming industry, which has led to many gamers being against its use. However, with time and more games adopting digital as their primary form of currency, gamers have started to get used to it.
Mechanical:
Mechanical is a term used for objects that are made to move or can move on their own. In the case of lightning strike counter, mechanical devices are used to count lightning bolts and provide an accurate reading. These counters are mostly used in outdoor areas like sports fields, golf courses, and nature reserves where there is a high probability of lighting strikes.
Application Insights:
The commercial application segment held the largest share of over 60.0% in 2017. The growing use of counter for power quality and voltage measurement is expected to drive the demand for these devices over the forecast period. Lightning rods are used on farms, agricultural land, golf courses, pastures, forests and industrial sites as a protective device against lightning strokes that occur during thunderstorms.
The military application segment is expected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to increased spending on defense equipment by countries such as U.S.
Regional Analysis:
North America dominated the global lightning strike counter market in 2017. North America is a highly developed region with the presence of prominent technological and industrial leaders. The growth of industries, such as aerospace & defense, computing & electronics, energy & power, and others has resulted in an increased demand for lightning strike detectors across this region. Moreover, increasing adoption of advanced technologies coupled with high standards of living have also led to an increase in demand for these products across North America.
Asia Pacific is expected to witness significant growth over the forecast period owing to rapid urbanization along with industrialization and commercialization leading to increased infrastructure activities that generate huge amounts of data every day which needs proper management.
Growth Factors:
- Increased demand for lightning protection systems in the construction industry as buildings are being erected at a faster rate.
- The increased awareness of the dangers of lightning and the need for protection in both commercial and residential sectors.
- The growth of data centers and their vulnerability to power outages caused by lightning strikes, which has led to an increase in demand for surge protectors and other related products.
- The increasing popularity of outdoor activities and events, which has led to a rise in the number of people seeking shelter from thunderstorms and potential lightning strikes.
- Advances in technology that have made Lightning Strike Counters more affordable, reliable, and easier to install
Scope Of The Report
Report Attributes
Report Details
Report Title
Lightning Strike Counter Market Research Report
By Type
Digital, Mechanical
By Application
Commercial, Government, Military, Other
By Companies
OBO International, ABB, LPS France, AplicacionesTecnologicas, Dehn und Sohne, Hermi, Hubbell Incorporated, Duval Messien, Raycap
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Lightning Strike Counter Market Report Segments:
The global Lightning Strike Counter market is segmented on the basis of:
Types
Digital, Mechanical
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
Commercial, Government, Military, 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:
- OBO International
- ABB
- LPS France
- AplicacionesTecnologicas
- Dehn und Sohne
- Hermi
- Hubbell Incorporated
- Duval Messien
- Raycap
Highlights of The Lightning Strike Counter 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:
- Digital
- Mechanical
- By Application:
- Commercial
- Government
- Military
- 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 Lightning Strike Counter 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?
Lightning Strike Counter is a counter that tracks the number of times you've been struck by lightning.
Some of the key players operating in the lightning strike counter market are OBO International, ABB, LPS France, AplicacionesTecnologicas, Dehn und Sohne, Hermi, Hubbell Incorporated, Duval Messien, Raycap.
The lightning strike counter market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lightning Strike Counter 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 Lightning Strike Counter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lightning Strike Counter 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 Lightning Strike Counter 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 Lightning Strike Counter Market Size & Forecast, 2020-2028
4.5.1 Lightning Strike Counter Market Size and Y-o-Y Growth
4.5.2 Lightning Strike Counter 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 Digital
5.2.2 Mechanical
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 Commercial
6.2.2 Government
6.2.3 Military
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lightning Strike Counter 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 Lightning Strike Counter 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 Digital
9.6.2 Mechanical
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 Commercial
9.10.2 Government
9.10.3 Military
9.10.4 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 Digital
10.6.2 Mechanical
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 Commercial
10.10.2 Government
10.10.3 Military
10.10.4 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 Digital
11.6.2 Mechanical
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 Commercial
11.10.2 Government
11.10.3 Military
11.10.4 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 Digital
12.6.2 Mechanical
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 Commercial
12.10.2 Government
12.10.3 Military
12.10.4 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 Digital
13.6.2 Mechanical
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 Commercial
13.10.2 Government
13.10.3 Military
13.10.4 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 Lightning Strike Counter Market: Competitive Dashboard
14.2 Global Lightning Strike Counter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OBO International
14.3.2 ABB
14.3.3 LPS France
14.3.4 AplicacionesTecnologicas
14.3.5 Dehn und Sohne
14.3.6 Hermi
14.3.7 Hubbell Incorporated
14.3.8 Duval Messien
14.3.9 Raycap
