Market Overview:
The global ground rods 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 communication, traffic, petrochemical, and building applications across the globe. Additionally, the growing awareness about safety and security is also propelling the growth of this market. The copper ground rods segment is expected to hold a major share of the global ground rods market during the forecast period. This can be attributed to its properties such as high conductivity and corrosion resistance.
Product Definition:
A ground rod is a metal rod that is inserted into the earth to provide a path of least resistance for electricity to travel from an object or structure to the Earth's surface. Ground rods are used in electrical wiring systems to connect equipment and structures that need protection from lightning strikes and electrical surges, and also as part of grounding systems for cathodic protection.
Copper Ground Rod:
Copper ground rod is a type of electrical conductor used to provide an earth connection at building sites, in order to protect the construction workers from electrocution. It is also known as a "copper braid" or "copper wire with no insulation". The copper ground rod has two insulated wires that form an X shape and are connected by a short piece of braided copper wire.
Galvanized Grounding Rods:
Galvanized grounding rods are used in electrical applications to provide a path for the return of electricity after an electric current has been run through it. The product is made from aluminum and zinc and comes in various sizes. It is installed between the service ground and the building structure or any other support structure to ensure that no leakages occur in low-voltage applications as well as protect personnel working on high voltage wires from electrocution risks.
Application Insights:
The communication application segment led the global ground rods market in 2017. The growth can be attributed to the growing use of smartphones and internet, which has created a need for better connectivity. Countries such as India and China are focusing on developing their infrastructure, especially in rural areas, which is expected to create demand for the product over the forecast period.
Petrochemical was the second-largest application segment in 2017. The industry is expanding at a rapid pace due to rising demand for petroleum products across various end-use industries including automotive and construction sectors globally. This factor is anticipated to boost product penetration over forecast years globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for electricity, rising number of construction projects, and growing adoption of technologies such as wireless connectivity and automation. In addition, presence of major oil & gas companies in Canada is expected to boost product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid urbanization coupled with increasing industrialization across countries such as China and India will drive regional market growth. In addition, rising investments by various governments for improving transportation infrastructure are likely to have a positive impact on industry development over the coming years.
Growth Factors:
- Increasing demand for ground rods from the construction and infrastructure sectors
- Growing popularity of smart grids and microgrids
- Rising concerns over grid security and reliability
- Proliferation of renewable energy sources such as solar and wind power
- Technological advancements in ground rod manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Ground Rods Market Research Report
By Type
Copper Ground Rod, Galvanized Grounding Rods, Graphite Grounding Rods
By Application
Communication, Traffic, Petrochemical, Building, Other
By Companies
Pentair, Harger, Brass Copper & Alloy India Limited, Kopell, Galvan Electrical, Thompson Lightning Protection, Inc, Bailijia
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Ground Rods Market Report Segments:
The global Ground Rods market is segmented on the basis of:
Types
Copper Ground Rod, Galvanized Grounding Rods, Graphite Grounding Rods
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
Communication, Traffic, Petrochemical, Building, 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
- Harger
- Brass Copper & Alloy India Limited
- Kopell
- Galvan Electrical
- Thompson Lightning Protection, Inc
- Bailijia
Highlights of The Ground Rods 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:
- Copper Ground Rod
- Galvanized Grounding Rods
- Graphite Grounding Rods
- By Application:
- Communication
- Traffic
- Petrochemical
- Building
- 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 Ground Rods 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?
Ground rods are metal or plastic tubes that are inserted into the ground at intervals to provide a connection between the electrical system and the earth.
Some of the major companies in the ground rods market are Pentair, Harger, Brass Copper & Alloy India Limited, Kopell, Galvan Electrical, Thompson Lightning Protection, Inc, Bailijia.
The ground rods market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ground Rods Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ground Rods Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ground Rods Market - Supply Chain
4.5. Global Ground Rods Market Forecast
4.5.1. Ground Rods Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ground Rods Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ground Rods Market Absolute $ Opportunity
5. Global Ground Rods Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ground Rods Market Size and Volume Forecast by Type
5.3.1. Copper Ground Rod
5.3.2. Galvanized Grounding Rods
5.3.3. Graphite Grounding Rods
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ground Rods Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ground Rods Market Size and Volume Forecast by Application
6.3.1. Communication
6.3.2. Traffic
6.3.3. Petrochemical
6.3.4. Building
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ground Rods Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ground Rods Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ground Rods Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ground Rods Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ground Rods Demand Share Forecast, 2019-2026
9. North America Ground Rods Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ground Rods Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ground Rods Market Size and Volume Forecast by Application
9.4.1. Communication
9.4.2. Traffic
9.4.3. Petrochemical
9.4.4. Building
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ground Rods Market Size and Volume Forecast by Type
9.7.1. Copper Ground Rod
9.7.2. Galvanized Grounding Rods
9.7.3. Graphite Grounding Rods
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ground Rods Demand Share Forecast, 2019-2026
10. Latin America Ground Rods Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ground Rods Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ground Rods Market Size and Volume Forecast by Application
10.4.1. Communication
10.4.2. Traffic
10.4.3. Petrochemical
10.4.4. Building
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ground Rods Market Size and Volume Forecast by Type
10.7.1. Copper Ground Rod
10.7.2. Galvanized Grounding Rods
10.7.3. Graphite Grounding Rods
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ground Rods Demand Share Forecast, 2019-2026
11. Europe Ground Rods Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ground Rods Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ground Rods Market Size and Volume Forecast by Application
11.4.1. Communication
11.4.2. Traffic
11.4.3. Petrochemical
11.4.4. Building
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ground Rods Market Size and Volume Forecast by Type
11.7.1. Copper Ground Rod
11.7.2. Galvanized Grounding Rods
11.7.3. Graphite Grounding Rods
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ground Rods Demand Share, 2019-2026
12. Asia Pacific Ground Rods Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ground Rods Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ground Rods Market Size and Volume Forecast by Application
12.4.1. Communication
12.4.2. Traffic
12.4.3. Petrochemical
12.4.4. Building
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ground Rods Market Size and Volume Forecast by Type
12.7.1. Copper Ground Rod
12.7.2. Galvanized Grounding Rods
12.7.3. Graphite Grounding Rods
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ground Rods Demand Share, 2019-2026
13. Middle East & Africa Ground Rods Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ground Rods Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ground Rods Market Size and Volume Forecast by Application
13.4.1. Communication
13.4.2. Traffic
13.4.3. Petrochemical
13.4.4. Building
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ground Rods Market Size and Volume Forecast by Type
13.7.1. Copper Ground Rod
13.7.2. Galvanized Grounding Rods
13.7.3. Graphite Grounding Rods
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ground Rods Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ground Rods Market: Market Share Analysis
14.2. Ground Rods Distributors and Customers
14.3. Ground Rods Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pentair
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Harger
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Brass Copper & Alloy India Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kopell
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Galvan Electrical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Thompson Lightning Protection, Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bailijia
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
