Lightning protection products deliver complete protection against lightning risk, safeguard critical equipment along with transient overvoltage protection with an effective, low resistance route from lightning protection system to earth. The function of lightning protection products is to intercept, conduct, and disperse lightning strikes safely to the earth's surface and without such product building structure, electrical systems are all at high risk. Lightning protection products can prevent from lost or destroyed data, repair work mainly costly for remote or unmanned installations, equipment damage, loss of essential services, and fire & electric shock hazards. The main components of lightning protection systems are rods, cables, and air terminals that work together to carry immense current away from the structure, prevent fire, and most appliance damage.
This report contains market size and forecasts of Lightning Protection Products in global, including the following market information:
Global Lightning Protection Products Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Lightning Protection Products Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Lightning Protection Products companies in 2021 (%)
The global Lightning Protection Products market was valued at 750.7 million in 2021 and is projected to reach US$ 488.9 million by 2028, at a CAGR of -5.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Air Terminals & Adaptors Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Lightning Protection Products include Pentair, Harger, Alltec Corporation, AN Wallis, Fatech Electronic, NexTek, AXIS Electrical Components, K.M.L.Technology and MTL Instruments Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Lightning Protection Products manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lightning Protection Products Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Lightning Protection Products Market Segment Percentages, by Type, 2021 (%)
Air Terminals & Adaptors
Conductors
Fittings & Connectors
Grounding Equipment
Surge Protectors
Others
Global Lightning Protection Products Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Lightning Protection Products Market Segment Percentages, by Application, 2021 (%)
Building & Factories
Electric Power
Transportation
Oil & Gas
Others
Global Lightning Protection Products Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Lightning Protection Products Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lightning Protection Products revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Lightning Protection Products revenues share in global market, 2021 (%)
Key companies Lightning Protection Products sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Lightning Protection Products sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Pentair
Harger
Alltec Corporation
AN Wallis
Fatech Electronic
NexTek
AXIS Electrical Components
K.M.L.Technology
MTL Instruments Group
Lightning Protection International
Kumwell
Lightning Master
ABB
Streamer
TSTLP
Independent Protection
Fatech Electronic
Raycap