(EnergyIndustry.Net, March 14, 2019 ) Earthing Lightning Protection System encompasses external lighting protection, effective earthing and transient overvoltage protection (surge protection of electronic systems), etc. Lightning protection systems are the modern development of the innovation pioneered by Benjamin Franklin: the lightning rod. Today, lightning protection systems are in use on thousands of buildings, homes, factories, towers, and even the Space Shuttle's launch pad. An earthing system or grounding system is circuitry which connects parts of the electric circuit with the ground, thus defining the electric potential of the conductors relative to the Earth's conductive surface. The choice of earthing system can affect the safety and electromagnetic compatibility of the power supply.
For industry structure analysis, the Earthing Lightning Protection System industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top two producers account for about 50% of the revenue market. Regionally, Europe & UK is the biggest production value area of valves, also the leader in the whole Earthing Lightning Protection System industry.
Far East (East Asia) occupied 24.96% of the production market in 2015. It is followed by Europe & UK and North America, which respectively account for around 21.01% and 19.07% of the global total industry. Geographically, Far East (East Asia) was the largest consumption market in the world, which took about 24.62% of the global consumption volume in 2015.
According to this study, over the next five years the Earthing Lightning Protection System market will register a 6.1% CAGR in terms of revenue, the global market size will reach US$ 3360 million by 2024, from US$ 2350 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Earthing Lightning Protection System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Earthing Lightning Protection System market by product type, application, key manufacturers and key regions and countries.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3. Furse Wallis Erico Kumwell LPI Leeweld Gersan Hex Axis Super Impex RR
This study considers the Earthing Lightning Protection System value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7. Lighting Protection System Earthing System Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8. Homes Factories Towers Space Shuttle's Launch Pad Solar Application Oil & Gas Application
Table of Contents: 1 Scope of the Report 2 Executive Summary 3 Global Earthing Lightning Protection System by Players 4 Earthing Lightning Protection System by Regions 5 Americas 6 APAC 7 Europe 8 Middle East & Africa 9 Market Drivers, Challenges and Trends …Continued
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