Press release
Lightning Protection Technologies (LPT) Market Size & Share - Industry Trend and Forecast 2025
The main objective of this report is to define, describe, and forecast the global “Lightning Protection Technologies (LPT)” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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This report presents the worldwide Lightning Protection Technologies (LPT) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Lightning protection system (LPS) is installed to provide a safe path for lightning energy from a lightning strike to reach earth and protect the structure or building from high voltage currents from the lighting strike. Today, lightning protection systems are in use on towers, space shuttle launch pad, factories and buildings. Lightning Protection System or LPS mainly consists of four parts, which are surge suppressors, copper air terminals, copper clad ground rods and copper cable. The cable and air terminals used are commonly made of copper, but aluminium can also be used for its manufacture. The cable and the ground rod are the most important parts of the lighting protection system as they allow the current to pass to the ground. Without a designated path, lightning may conduct through conductors installed in the building, which include cables, phone lines, gas pipes, phone, electric lines or water pipes to reach the ground. This is hazardous to the building as well as living beings.
The Lightning Protection Technologies (LPT) market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Lightning Protection Technologies (LPT).
The following manufacturers are covered in this report:
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)
Lightning Protection Technologies (LPT) Breakdown Data by Type
Lead Thunder System
Radioactive Air Terminals
Semiconductor Lightning Protection Device
Other
Lightning Protection Technologies (LPT) Breakdown Data by Application
Commercial Buildings
Airport
Industrial Building
Other
Lightning Protection Technologies (LPT) Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions
Lightning Protection Technologies (LPT) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Lightning Protection Technologies (LPT) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Lightning Protection Technologies (LPT) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Lightning Protection Technologies (LPT) :
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018-2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Lightning Protection Technologies (LPT) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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