Lightning Protection Products Market, By Product Type (Air Terminals and Adaptors, Conductors, Fittings and Connectors, Grounding Equipment, Surge Protectors, and Others), By Application (Building and Factories , Electric Power, Transportation, Oil and Ga

Lightning Protection Products Market, By Product Type (Air Terminals and Adaptors, Conductors, Fittings and Connectors, Grounding Equipment, Surge Protectors, and Others), By Application (Building and Factories , Electric Power, Transportation, Oil and Gas, and Others), By End-use (Residential, Commercial, and Industrial), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)


The global lightning protection products market has been growing rapidly in recent years due to increasing frequency and severity of lightning strikes around the world. Lightning protection systems help safeguard lives and property damage from powerful lightning strikes. They work by intercepting a lightning flash, conducting the lightning safely to earth before it can enter or cause damage to a protected structure. Rising concerns about safety and minimizing financial losses have prompted many industries and homeowners to deploy effective lightning rods, air terminals, and other protective devices. Standardization of regulations and increasing awareness about advanced protection solutions available in the market are some key factors stimulating the growth of the global lightning protection products market.

Market Dynamics:

The global lightning protection products market is driven by growing consumer awareness about safety, increasing frequency of lightning strikes, stringent building codes mandating lightning protection systems, and standardization of lightning safety regulations globally. However, high initial installation cost of these systems continues to restrain broader adoption particularly in cost-sensitive regions. The ongoing development of innovative and technologically advanced lightning protection devices presents new opportunities for manufacturers. Reducing product and installation costs through technological innovation will help overcome the growth barriers. Integration of lightning locating systems and surge protection technology with lightning rods is another emerging trend gaining traction in the market.

Key Features of the Study:
  • This report provides in-depth analysis of the global lightning protection products market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global lightning protection products market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include ABB, A.N. Wallis, Advanced Lightning Protection Systems Ltd., Belkin, Citel, Eaton, Emerson Electric Co., General Electric, Harger Lightning & Grounding, Hubbell, Leviton Manufacturing Co., Inc., LPI Lightning Protection International Pty Ltd, Schneider Electric, Siemens, and TE Connectivity
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global lightning protection products market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global lightning protection products market
Detailed Segmentation:
  • By Product Type
  • Air Terminals and Adaptors
  • Conductors
  • Fittings and Connectors
  • Grounding Equipment
  • Surge Protectors
  • Others
  • By Application
  • Building and Factories
  • Electric Power
  • Transportation
  • Oil and Gas
  • Others
  • By End-use
  • Residential
  • Commercial
  • Industrial
  • By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
  • Key Players Insights
  • ABB
  • A.N. Wallis
  • Advanced Lightning Protection Systems Ltd.
  • Belkin
  • Citel
  • Eaton
  • Emerson Electric Co.
  • General Electric
  • Harger Lightning & Grounding
  • Hubbell
  • Leviton Manufacturing Co., Inc.
  • LPI Lightning Protection International Pty Ltd
  • Schneider Electric
  • Siemens
  • TE Connectivity


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By End-use
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Lightning Protection Products Market, By Product Type, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
Air Terminals and Adaptors
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Conductors
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Fittings and Connectors
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Grounding Equipment
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Surge Protectors
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Others
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
5. Global Lightning Protection Products Market, By Application, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
Building and Factories
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Electric Power
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Transportation
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Oil and Gas
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Others
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
6. Global Lightning Protection Products Market, By End-use, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
Residential
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Commercial
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Industrial
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
7. Global Lightning Protection Products Market, By Region, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
North America
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By End-use, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By End-use, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
U.K.
Germany
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By End-use, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By End-use, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By End-use, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
South Africa
GCC Countries
Rest of the Middle East & Africa
8. Competitive Landscape
Company Profiles
ABB
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
A.N. Wallis
Advanced Lightning Protection Systems Ltd.
Belkin
Citel
Eaton
Emerson Electric Co.
General Electric
Harger Lightning & Grounding
Hubbell
Leviton Manufacturing Co., Inc.
LPI Lightning Protection International Pty Ltd
Schneider Electric
Siemens
TE Connectivity
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
About us and Sales Contact
*Browse 60 market data tables and 40 figures on Lightning Protection Products Market - Global forecast to 2031”

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings