Lightning Protection Systems Market Expansion to be Persistent During 2017 – 2027
There are mainly three types of lightning protection systems, namely lightning rod, lightning rod with the taut wire system and the lighting conductor with mashed cage system. The lightning rod type is a simple rod lightning protection system. In the lightning rod with taut wire system, wires are stretched above the building or structure, which is to be protected. This type of arrangement is used in special structures or a series of structures such as protection of high voltage overhead lines, military applications and space stations. The lighting conductor with the meshed cage includes many conductors fitted symmetrically all around the building. Its arrangement is done in the case of a highly exposed structures with the sensitive and conductive installation such as computer labs.
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Lightning Protection Systems Market:Market Dynamics
Increasing construction of high rise structures with highly advanced electrical systems is driving the market of lightning protection system. Without the lighting protection systems, these structures are vulnerable to lightning due to the presence of conductors. Also, increasing industrialization, urbanization and stringent safety regulations mandate for public service facilities also contribute towards the growth of lightning protection systems market. Furthermore, development in the field of telecommunication resulting in the formation of large number of telecommunication infrastructures, which need protection from lightning, is expected to boost the global market of lightning protection systems in the forecast period.
Lightning Protection Systems Market:Market Segmentation
Segmentation of globallightning protection systems market can be doneon the basis of type as follows:
Lightning rod systems
Lightning rod withtaut wire systems
Lighting conductor with meshed cage systems
Segmentation of global lightning protection systems market can be doneon the basis of end use industry as follows:
Space and research
Lightning Protection Systems Market: Regional Outlook
North America holds a significant share in the global lightning protection systems market in terms of revenue. The lightning protection systems market in Asia-Pacific is expected to grow at a substantial rate over the forecast period. Growth in Asia-Pacific lightning protection systems market is mainly due to the rapid growth in the urbanization and the subsequent rising adoption of voltage sensitive home automation technologies, stringent building safety regulations and development of telecommunication infrastructure. Rest of the world market is estimated to account for a relatively small share of the global lightning protection systems market.
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Lightning Protection Systems Market: Market Participants
Some of the examples of the market participants in the global Lightning Protection Systems Market, identified across the value chain are:
A.N. Wallis & Co Ltd
Axis Electrical Components
Fatech Electronic CO., LTD.
Lightning Protection International PTY LTD
Gersan Elektrik Tic. ve San. A.?
Independent Protection Company
Lightning Master Corporation
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