Press release
Earthing Lightning Protection System Market Insights, Forecast to 2025: By Product, Application, Manufacturer, Sales and Segmentation
The main objective of this report is to define, describe, and forecast the global “Earthing Lightning Protection System” 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 Earthing Lightning Protection System 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.
Earthing Lightning Protection System encompasses external lighting protection, effective earthing and transient overvoltage protection (surge protection of electronic systems), etc. Lightning protection systems are the modern development of the innovation pioneered by Benjamin Franklin: the lightning rod. Today, lightning protection systems are in use on thousands of buildings, homes, factories, towers, and even the Space Shuttle's launch pad. An earthing system or grounding system is circuitry which connects parts of the electric circuit with the ground, thus defining the electric potential of the conductors relative to the Earth's conductive surface. The choice of earthing system can affect the safety and electromagnetic compatibility of the power supply.
For industry structure analysis, the Earthing Lightning Protection System industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top two producers account for about 50% of the revenue market. Regionally, Europe & UK is the biggest production value area of valves, also the leader in the whole Earthing Lightning Protection System industry.
Far East (East Asia) occupied 24.96% of the production market in 2015. It is followed by Europe & UK and North America, which respectively account for around 21.01% and 19.07% of the global total industry. Geographically, Far East (East Asia) was the largest consumption market in the world, which took about 24.62% of the global consumption volume in 2015.
The Earthing Lightning Protection System market was valued at 2350 Million US$ in 2017 and is projected to reach 3390 Million US$ by 2025, at a CAGR of 4.7% 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 Earthing Lightning Protection System.
The following manufacturers are covered in this report:
Furse
Wallis
Erico
Kumwell
LPI
Leeweld
Gersan
Hex
Axis
Super Impex
RR
Earthing Lightning Protection System Breakdown Data by Type
Lighting Protection System
Earthing System
Other
Earthing Lightning Protection System Breakdown Data by Application
Homes
Factories
Towers
Space Shuttle's Launch Pad
Solar Application
Oil & Gas Application
Earthing Lightning Protection System Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Earthing Lightning Protection System 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 Earthing Lightning Protection System status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Earthing Lightning Protection System 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 Earthing Lightning Protection System :
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 Sets). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Earthing Lightning Protection System 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.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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