Lightning Rod Towers Market Report Global Size, Share, Growth and Industry Trends

The increasing demand for lightning protection systems in industrial and residential applications around the world is driving market growth. The global lightning rod tower market is divided into three segments: type, application, and region. The market is classified as GH (grounding type), GFL (flashover type), GJT (junction type), GFW (flat wire type), and others. It is classified into industrial and residential applications based on application. Because of increased spending on safety measures by various end users operating in hazardous industries such as oil and gas, chemical processing plants, power generation plants, and so on, the industrial application segment dominates this market.

Construction and infrastructure sectors are increasing their demand for lightning protection systems.
End-users are becoming more aware of the benefits of using lightning rod towers.
Leading players are increasing their investments in R&D activities to develop new technologies and products.

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The industrial application segment held the largest share of more than 60.0% in 2019 and is expected to grow significantly over the forecast period. During the study period, the growing demand for GH, GFL, GJT, and GFW-type towers from various industries such as oil and gas, power generation plants, and others is expected to drive global market growth. Lightning rods are critical in protecting people and infrastructure from electrical hazards caused by lightning strikes. These devices can also help you save up to 90% on your electricity bill. As a result, they are regarded as an effective solution to power outages caused by cloud-to-ground (C/G) strikes or other natural disasters such as earthquakes, which may result in loss of life or property damage in several regions around the world.
Lightning Rod Towers market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Global Lightning Rod Towers Market Segmented by Players:
Pentair
A.N. Wallis
Alltec
Sutter Instrument
Holland Shielding
France Paratonnerres
Aplicaciones Tecnologicas
East Coast Lightning Equipment
Harger Lightning & Grounding
Kingsmill Industries
Lightning Protection International
OBO Bettermann
Robbins Lightning
Thompson Lightning Protection
Indelec
Arnocanali
Ingesco
Cirprotec
Forend

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Global Lightning Rod Towers Market: By Types
GH
GFL
GJT
GFW
Other

Global Lightning Rod Towers Market: By Applications
Commercial
Industrial
Residential

Global Lightning Rod Towers Market: Regional Analysis
The countries covered in the regional analysis of the Global Lightning Rod Towers market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Covid-19 Impact Analysis
Lightning Rod Towers market is profoundly impacted due to pandemic owing to lockdowns and widespread travel restrictions.
The recent declaration regarding the shutdown of notable proportion of the hospitality industry, including full-service restaurants, caterings and quick service restaurants has drastically hampered the sale of Lightning Rod Towers globally.
The travel restrictions due to lockdown have created challenges for customer demonstrations and installations, thus affecting the sale of Lightning Rod Towers.
The duration of the virus outbreak remains a key factor in assessing the overall impact of the pandemic, however, the global Lightning Rod Towers market is likely to stabilize after the year 2022.

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• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
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• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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