Market Overview:
The global lightning protection technologies (LPT) 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 buildings, airports, and industrial buildings. In addition, the growing demand for semiconductor lightning protection devices is also contributing to the growth of this market. The LPT market by type is segmented into lead thunder system, radioactive air terminals, semiconductor lightning protection device (SLPD), and other types. The lead thunder system segment accounted for the largest share of the global LPT market in 2017 and is projected to grow at a CAGR of 6% from 2018 to 2030.
 Industry Outlook.svg)
Product Definition:
Lightning Protection Technologies (LPT) is a collective term for devices and systems that protect a structure from the potentially devastating effects of a lightning strike. LPT includes such measures as installing lightning rods or air terminals, using wire mesh to enclose a structure, and grounding the structure. The importance of Lightning Protection Technologies cannot be overstated; if a building or other structure is not properly protected, it can be severely damaged or destroyed by even a single lightning strike.
Lead Thunder System:
The lead thunnder system is a cost-effective and easy to install solution for preventing damage caused by lightning. It consists of two parts: an electronic device that generates an electromagnetic field around the antenna, and a specially designed antenna that receive signals from the distant thunderstorm cells. The electrical signal received by the antenna is converted into harmless electric current through transformer core, which makes it suitable for residential as well as commercial applications such as hotels, hospitals or offices.
Radioactive Air Terminals:
Radioactive air terminals are small, hollow capsules filled with radioactive material. They are deployed in areas that need to be cleared of electrical charges after a lightning strike. As the name suggests, these capsules contain radioactive material which decays slowly over a period of time providing an electric field inside it which attracts and collects charge from the surrounding atmosphere.
Application Insights:
The other application segment includes military, defense and aerospace applications. The commercial buildings segment is expected to witness the fastest growth over the forecast period owing to increasing number of power outages across the globe. Outages lead to monetary losses due to loss of business productivity. Thus, demand for lightning protection devices in commercial buildings will increase significantly over the forecast period as these systems protect against electrical discharges that may occur during a storm or while switching on/off equipment at a building site.
Lightning protection systems have been installed in airports as they are one of the highest risk areas for electrical discharge due largely in part because aircraft are equipped with sophisticated electronic equipment susceptible to damage by such discharges.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to strict building codes and standards, which mandate installation of lightning protection systems in various commercial buildings, industrial facilities, and airport terminals. Moreover, increasing adoption of cloud-based solutions by enterprises is driving demand for LPTs across North America.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising demand from countries such as China and India. In addition, rapid urbanization coupled with growing infrastructure investment in developing economies such as China and India will drive industry expansion over the next eight years. Furthermore, government initiatives encouraging investments through tax benefits are anticipated to further propel regional product demand over the coming years (China’s 13th Five-Year Plan).
Growth Factors:
- Increasing demand for lightning protection systems from the construction sector as a result of growing awareness about the benefits of using such systems
- Rising number of thunderstorms and lightning strikes across the globe
- Growing demand for LPT products from the telecommunication sector to protect critical communication infrastructure against damage caused by lightning strikes
- Increasing adoption of LPT products in data centers and other critical infrastructure facilities
- Proliferation of smart grids and renewable energy sources, which are more susceptible to damage from lightning strikes, driving demand for LPT products
Scope Of The Report
Report Attributes
Report Details
Report Title
Lightning Protection Technologies (LPT) Market Research Report
By Type
Lead Thunder System, Radioactive Air Terminals, Semiconductor Lightning Protection Device, Other
By Application
Commercial Buildings, Airport, Industrial Building, Other
By Companies
Alltec Corporation (USA), AXIS Electrical Components (India) Pvt. Ltd. (India), Fatech Electronic Co., Ltd. (China), K.M.L. Technology Co., Ltd. (Thailand), Lightning Eliminators & Consultants, Inc. (USA), Lightning Protection International Pty Ltd. (Australia), Littelfuse, Inc. (USA), MTL Instruments Group (UK), NexTek, Inc. (USA), Pentair plc (UK), PT. Zeus Prima Garda (Indonesia), Shenzhen Techwin Lightning Technologies Co., Ltd. (China)
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Lightning Protection Technologies (LPT) Market Report Segments:
The global Lightning Protection Technologies (LPT) market is segmented on the basis of:
Types
Lead Thunder System, Radioactive Air Terminals, Semiconductor Lightning Protection Device, Other
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 Buildings, Airport, Industrial 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:
- Alltec Corporation (USA)
- AXIS Electrical Components (India) Pvt. Ltd. (India)
- Fatech Electronic Co., Ltd. (China)
- K.M.L. Technology Co., Ltd. (Thailand)
- Lightning Eliminators & Consultants, Inc. (USA)
- Lightning Protection International Pty Ltd. (Australia)
- Littelfuse, Inc. (USA)
- MTL Instruments Group (UK)
- NexTek, Inc. (USA)
- Pentair plc (UK)
- PT. Zeus Prima Garda (Indonesia)
- Shenzhen Techwin Lightning Technologies Co., Ltd. (China)
 Market Overview.svg)
Highlights of The Lightning Protection Technologies (LPT) 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:
- Lead Thunder System
- Radioactive Air Terminals
- Semiconductor Lightning Protection Device
- Other
- By Application:
- Commercial Buildings
- Airport
- Industrial 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 Lightning Protection Technologies (LPT) 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
 Market Statistics.svg)
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 Protection Technologies (LPT) is a technology that helps protect electronic equipment from lightning damage. LPT can include features such as surge protection, EMI/RFI shielding, and anti-sparking capacitors.
Some of the key players operating in the lightning protection technologies (lpt) market are Alltec Corporation (USA), AXIS Electrical Components (India) Pvt. Ltd. (India), Fatech Electronic Co., Ltd. (China), K.M.L. Technology Co., Ltd. (Thailand), Lightning Eliminators & Consultants, Inc. (USA), Lightning Protection International Pty Ltd. (Australia), Littelfuse, Inc. (USA), MTL Instruments Group (UK), NexTek, Inc. (USA), Pentair plc (UK), PT. Zeus Prima Garda (Indonesia), Shenzhen Techwin Lightning Technologies Co., Ltd. (China).
The lightning protection technologies (lpt) market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Lightning Protection Technologies (LPT) 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. Lightning Protection Technologies (LPT) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Lightning Protection Technologies (LPT) Market - Supply Chain
4.5. Global Lightning Protection Technologies (LPT) Market Forecast
4.5.1. Lightning Protection Technologies (LPT) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Lightning Protection Technologies (LPT) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Lightning Protection Technologies (LPT) Market Absolute $ Opportunity
5. Global Lightning Protection Technologies (LPT) 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. Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Type
5.3.1. Lead Thunder System
5.3.2. Radioactive Air Terminals
5.3.3. Semiconductor Lightning Protection Device
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Lightning Protection Technologies (LPT) 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. Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Application
6.3.1. Commercial Buildings
6.3.2. Airport
6.3.3. Industrial Building
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Lightning Protection Technologies (LPT) 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. Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) 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. Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) Demand Share Forecast, 2019-2026
9. North America Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Application
9.4.1. Commercial Buildings
9.4.2. Airport
9.4.3. Industrial Building
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Type
9.7.1. Lead Thunder System
9.7.2. Radioactive Air Terminals
9.7.3. Semiconductor Lightning Protection Device
9.7.4. Other
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 Lightning Protection Technologies (LPT) Demand Share Forecast, 2019-2026
10. Latin America Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Application
10.4.1. Commercial Buildings
10.4.2. Airport
10.4.3. Industrial Building
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Type
10.7.1. Lead Thunder System
10.7.2. Radioactive Air Terminals
10.7.3. Semiconductor Lightning Protection Device
10.7.4. Other
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 Lightning Protection Technologies (LPT) Demand Share Forecast, 2019-2026
11. Europe Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Application
11.4.1. Commercial Buildings
11.4.2. Airport
11.4.3. Industrial Building
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Type
11.7.1. Lead Thunder System
11.7.2. Radioactive Air Terminals
11.7.3. Semiconductor Lightning Protection Device
11.7.4. Other
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 Lightning Protection Technologies (LPT) Demand Share, 2019-2026
12. Asia Pacific Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Application
12.4.1. Commercial Buildings
12.4.2. Airport
12.4.3. Industrial Building
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Type
12.7.1. Lead Thunder System
12.7.2. Radioactive Air Terminals
12.7.3. Semiconductor Lightning Protection Device
12.7.4. Other
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 Lightning Protection Technologies (LPT) Demand Share, 2019-2026
13. Middle East & Africa Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) 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 Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Application
13.4.1. Commercial Buildings
13.4.2. Airport
13.4.3. Industrial Building
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Lightning Protection Technologies (LPT) Market Size and Volume Forecast by Type
13.7.1. Lead Thunder System
13.7.2. Radioactive Air Terminals
13.7.3. Semiconductor Lightning Protection Device
13.7.4. Other
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 Lightning Protection Technologies (LPT) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Lightning Protection Technologies (LPT) Market: Market Share Analysis
14.2. Lightning Protection Technologies (LPT) Distributors and Customers
14.3. Lightning Protection Technologies (LPT) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alltec Corporation (USA)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AXIS Electrical Components (India) Pvt. Ltd. (India)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fatech Electronic Co., Ltd. (China)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. K.M.L. Technology Co., Ltd. (Thailand)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lightning Eliminators & Consultants, Inc. (USA)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lightning Protection International Pty Ltd. (Australia)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Littelfuse, Inc. (USA)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MTL Instruments Group (UK)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NexTek, Inc. (USA)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pentair plc (UK)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PT. Zeus Prima Garda (Indonesia)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shenzhen Techwin Lightning Technologies Co., Ltd. (China)
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
