Earthing Lightning Protection system Analysis Report:the market size is projected to reach USD 15.08 billion by 2030

According to the new market research report “Earthing Lightning Protection system - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Earthing Lightning Protection System market size is projected to reach USD 15.08 billion by 2030, at a CAGR of 5.2% during the forecast period.

• Global Earthing Lightning Protection System MarketSize(US$ Million), 2019-2030

Source: QYResearch, "Earthing Lightning Protection system - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

• Global Earthing Lightning Protection System TopPlayers Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)

Source: QYResearch, "Earthing Lightning Protection system - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

According to QYResearch Top Players Research Center, the global key manufacturers of Earthing Lightning Protection System include nVent Erico, OBO Bettermann, DEHN, ABB Furse, Phoenix Contact, Schneider Electric, Citel, AN Wallis, Sichuan Zhongguang, VFC, etc. In 2023, the global top five players had a share approximately 19.0% in terms of revenue.

Market Drivers:

Increasing Infrastructure Development: The rapid growth of residential, commercial, and industrial infrastructure globally heightens the need for effective lightning protection systems to safeguard buildings and equipment.

Restraint:

Lack of Awareness in Developing Regions: In some developing regions, there is limited awareness and understanding of the importance of lightning protection, which can hinder market growth.

Opportunity:

Expansion of Telecom and Data Centers: The proliferation of telecom infrastructure and data centers, which require reliable protection against lightning strikes, offers significant market potential.

About The Authors

Kang Qi - Lead Author

Email: kangqi@qyresearch.com

Kang Qi is a technology & market senior analyst specializing in industrial equipment. He is engaged in the development of technology and market reports and is also involved in custom projects.

About QYResearch

QYResearch founded in California, USA in 2007. It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

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