Global Earthing Lightning Protection System Market Report, History and Forecast 2018-2029

Global Earthing Lightning Protection System Market Report, History and Forecast 2018-2029

Global Earthing Lightning Protection System Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application

Market Analysis and Insights: Global Earthing Lightning Protection System Market

The research report studies the Earthing Lightning Protection System market using different methodologies and analyses to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.

Due to the COVID-19 pandemic, the global Earthing Lightning Protection System market size was value at US$ 10.1 billion in 2022 and is forecast to be a readjusted size of US$ 14.3 billion by 2029 with a CAGR of 5.16% during the forecast period 2023-2029.

The global main companies of Earthing Lightning Protection System include nVent Erico, OBO Bettermann, DEHN, ABB Furse, Phoenix Contact, Schneider Electric, Citel, AN Wallis, and Sichuan Zhongguang, etc. In 2022, the global six largest players have a share approximately 21% in terms of revenue.

The North America Earthing Lightning Protection System market size was US$ 2.5 billion in 2022, while China was US$ 2.1 billion. As for the Europe Earthing Lightning Protection System landscape, Germany is projected to reach US$ 1.0 billion by 2029.

Fully considering the economic change by the COVID-19, Lightning Protection System accounting for 55% of the Earthing Lightning Protection System global market in 2022, is projected to value US$ 7.8 billion by 2029, growing at a revised 5.01% CAGR from 2023 to 2029. While Building segment is altered to an 5.36% CAGR throughout this forecast period and will hold a share about 29% in 2029.

Global Earthing Lightning Protection System Scope and Segment

The global Earthing Lightning Protection System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Earthing Lightning Protection System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2018-2029.

By Company

nVent Erico

OBO Bettermann

DEHN

ABB Furse

Phoenix Contact

Schneider Electric

Citel

AN Wallis

Sichuan Zhongguang

VFC

Guangxi Dikai

Gersan Elektrik

Harger Lightning & Grounding

Chengdu Pedaro

Lightning Master

Segment by Type

Lightning Protection System

Earthing System

Others

Segment by Application

Building

Factory

Communication

Electric Power

Transportation

Oil and Gas

Others

By Region

North America

United States

Canada

Mexico

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Europe

Germany

France

U.K.

Italy

Russia

South America

Argentina

Brazil

Middle East & Africa