Loading…
image

Report Scope & Overview:

The lightning protection systems market share is expected to increase from 2020 to 2025 at a CAGR of 2.05%.

Lightning Protection System (LPS) Market Overview:
Global Lightning Protection System (LPS) Market research provides insights into consumer behavior, industry trends, and market competition through the use of various research techniques, including surveys, interviews, and data analysis. The industry serves a wide range of clients, including businesses, government agencies, and non-profit organizations. Lightning Protection System (LPS) Market is highly diverse, with a range of services and specialties, including quantitative and qualitative research, brand research, product testing, customer satisfaction research, and competitive analysis.
Overall, Lightning Protection System (LPS) market plays a crucial role in helping businesses and organizations make informed decisions based on data-driven insights. As the demand for data-driven decision-making continues to grow, Lightning Protection System (LPS) market research is expected to experience further growth and innovation in the coming years.

Advantages of Lightning Protection Systems (LPS):

  1. Safety and Asset Protection: LPS safeguards people, buildings, and critical infrastructure from lightning strikes, preventing injuries and structural damage.
  2. Risk Mitigation: LPS helps reduce the risk of fire, electrical damage, and equipment failure caused by lightning, minimizing downtime and repair costs.
  3. Insurance Premium Reduction: Installing LPS can lead to lower insurance premiums for properties, as it demonstrates a proactive approach to lightning risk management.
  4. Compliance with Codes and Standards: LPS ensures compliance with safety codes and standards, such as NFPA 780, which may be required for certain structures or industries.
  5. Data and Equipment Protection: LPS safeguards sensitive electronic equipment, data centers, and communication systems from voltage surges and electromagnetic interference generated by lightning strikes.
  6. Environmental Conservation: By preventing fires and reducing the need for repairs and replacements, LPS contributes to environmental conservation by minimizing material waste and energy consumption.

DESCIMG1

Functions of Lightning Protection Systems (LPS):

  1. Capture: LPS components, such as lightning rods or air terminals, are designed to capture the initial lightning strike, providing a preferred path for the lightning current.
  2. Conduct: Once captured, the lightning current is safely conducted through conductive materials, such as copper or aluminum, which have low resistance to electricity.
  3. Dissipate: The LPS dissipates the lightning energy into the ground, reducing the risk of electrical damage or fire by dispersing the energy harmlessly.
  4. Intercept: LPS intercepts lightning strikes before they can reach and damage critical infrastructure, reducing the likelihood of structural damage and fires.
  5. Surge Protection: In addition to protecting against direct lightning strikes, LPS may include surge protection devices to safeguard electrical systems from transient voltage surges and spikes caused by nearby strikes.


Market Segmentations:

Global Lightning Protection System (LPS) Market: By Company
• ABB
• DEHN International
• Siemens
• ECLE
• NEMA
• EC&M
• Erico
• Eaton
• Emerson Electric
• GE Industrial Solutions
• A. Harfield Ltd
• Harger Lightning & Grounding

Global Lightning Protection System (LPS) Market: By Type
• Conventional Lightning Protection System
• Non-Conventional Lightning Protection System

Global Lightning Protection System (LPS) Market: By Application
• Residential Building
• Commercial Building
• Industrial Building
• Electrics
• Transportation Industry
• Other

Global Lightning Protection System (LPS) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Lightning Protection System (LPS) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Report Attribute/MetricDetails
Compound Annual Growth Rate (CAGR)2.05% (2020-2025)
Base Year2022
Forecast Period2023-2032
Historical Data2018-2022
Report CoverageRevenue Forecast, Competitive Landscape,
Growth Factors, and Trends 
By Type• Conventional Lightning Protection System
• Non-Conventional Lightning Protection System
By Application• Residential Building
• Commercial Building
• Industrial Building
• Electrics
• Transportation Industry
• Other
Key Companies Profiled• ABB
• DEHN International
• Siemens
• ECLE
• NEMA
• EC&M
• Erico
• Eaton
• Emerson Electric
• GE Industrial Solutions
• A. Harfield Ltd
• Harger Lightning & Grounding
Regions and Key Countries CoveredU.S., Canada, and Mexico in North America, Germany, France, U.K.,
Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium,
and Rest of Europe in Europe, Singapore, Malaysia, Australia,
Thailand, Indonesia, Philippines, China, Japan, India,
South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
Saudi Arabia, U.A.E, South Africa, Egypt, Israel,
Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA),
and Argentina, Brazil, and Rest of South America as part of South America
Customization ScopeAvailable on Request

Reasons to Purchase Lightning Protection System (LPS) Market Report:
• To gain insights into market trends and dynamics: this reports provide valuable insights into industry trends and dynamics, including market size, growth rates, and key drivers and challenges.
• To identify key players and competitors: this research reports can help businesses identify key players and competitors in their industry, including their market share, strategies, and strengths and weaknesses.
• To understand consumer behavior: this research reports can provide valuable insights into consumer behavior, including their preferences, purchasing habits, and demographics.
• To evaluate market opportunities: this research reports can help businesses evaluate market opportunities, including potential new products or services, new markets, and emerging trends.
• To make informed business decisions: this research reports provide businesses with data-driven insights that can help them make informed business decisions, including strategic planning, product development, and marketing and advertising strategies.
Overall, market research reports provide businesses and organizations with valuable information that can help them make informed decisions and stay competitive in their industry. They can provide a solid foundation for business planning, strategy development, and decision-making.

Objectives of Lightning Protection System (LPS) Market Study:
The objectives of Lightning Protection System (LPS) market research report may vary depending on the specific needs and goals of the business or organization commissioning the report. However, some common objectives of market research reports include:
• Understanding the market size and potential: One of the primary objectives of Lightning Protection System (LPS) market research is to understand the size and potential of a particular market. This includes analyzing market trends and dynamics, identifying key players and competitors, and assessing the demand for products or services.
• Identifying target customers and segments: this market research reports can help businesses identify and understand their target customers and market segments, including their preferences, behaviors, and demographics. This information can be used to develop targeted marketing and advertising strategies.
• Evaluating product or service performance: this market research reports can provide valuable insights into the performance of products or services, including customer satisfaction, product usage, and product quality. This information can be used to improve products or services and enhance customer satisfaction.
• Assessing market opportunities and threats: this market research reports can help businesses identify potential market opportunities and threats, including emerging trends, competitive threats, and new market entrants. This information can be used to develop strategic plans and make informed business decisions.
• Developing effective marketing and advertising strategies: this market research reports can help businesses develop effective marketing and advertising strategies by providing insights into customer preferences and behavior, competitive dynamics, and market trends. This can help businesses improve brand awareness, customer engagement, and overall marketing effectiveness.
Overall, the objectives of Lightning Protection System (LPS) market research report are to provide businesses and organizations with valuable insights and data-driven recommendations that can help them make informed business decisions and stay competitive in their industry.

Frequently Asked Questions

  A Lightning Protection System is a network of components and conductors designed to protect structures and equipment from the damaging effects of lightning strikes. Its primary purpose is to capture, conduct, and safely disperse lightning energy to the ground, thereby preventing structural damage, fires, and equipment failure.

  Advantages include ensuring safety, protecting assets from lightning strikes, reducing the risk of fires and electrical damage, lowering insurance premiums, compliance with safety codes, safeguarding data and equipment, and contributing to environmental conservation.

  Industries and structures that benefit the most include residential and commercial buildings, industrial facilities, telecommunication towers, and critical infrastructure. They benefit because LPS safeguards people, assets, and operations from lightning-related risks.

  Key components include air terminals (lightning rods), conductors, ground rods, surge protection devices, and bonding conductors. These elements work together to capture, conduct, and safely dissipate lightning energy.

  Emerging trends include the integration of advanced materials and technologies in LPS components, such as corrosion-resistant materials and smart monitoring systems. Additionally, there is a growing focus on environmentally friendly lightning protection solutions.

TABLE OF CONTENT

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Lightning Protection System (LPS) Market Size Growth Rate by Type: 2018 VS 2023 VS 2032
1.2.2 Conventional Lightning Protection System
1.2.3 Non-Conventional Lightning Protection System
1.3 Market by Application
1.3.1 Global Lightning Protection System (LPS) Market Growth by Application: 2018 VS 2023 VS 2032
1.3.2 Residential Building
1.3.3 Commercial Building
1.3.4 Industrial Building
1.3.5 Electrics
1.3.6 Transportation Industry
1.3.7 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Lightning Protection System (LPS) Market Perspective (2017-2032)
2.2 Lightning Protection System (LPS) Growth Trends by Region
2.2.1 Global Lightning Protection System (LPS) Market Size by Region: 2018 VS 2023 VS 2032
2.2.2 Lightning Protection System (LPS) Historic Market Size by Region (2017-2023)
2.2.3 Lightning Protection System (LPS) Forecasted Market Size by Region (2023-2032)
2.3 Lightning Protection System (LPS) Market Dynamics
2.3.1 Lightning Protection System (LPS) Industry Trends
2.3.2 Lightning Protection System (LPS) Market Drivers
2.3.3 Lightning Protection System (LPS) Market Challenges
2.3.4 Lightning Protection System (LPS) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Lightning Protection System (LPS) Players by Revenue
3.1.1 Global Top Lightning Protection System (LPS) Players by Revenue (2017-2023)
3.1.2 Global Lightning Protection System (LPS) Revenue Market Share by Players (2017-2023)
3.2 Global Lightning Protection System (LPS) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Lightning Protection System (LPS) Revenue
3.4 Global Lightning Protection System (LPS) Market Concentration Ratio
3.4.1 Global Lightning Protection System (LPS) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Lightning Protection System (LPS) Revenue in 2022
3.5 Lightning Protection System (LPS) Key Players Head office and Area Served
3.6 Key Players Lightning Protection System (LPS) Product Solution and Service
3.7 Date of Enter into Lightning Protection System (LPS) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Lightning Protection System (LPS) Breakdown Data by Type
4.1 Global Lightning Protection System (LPS) Historic Market Size by Type (2017-2023)
4.2 Global Lightning Protection System (LPS) Forecasted Market Size by Type (2023-2032)
5 Lightning Protection System (LPS) Breakdown Data by Application
5.1 Global Lightning Protection System (LPS) Historic Market Size by Application (2017-2023)
5.2 Global Lightning Protection System (LPS) Forecasted Market Size by Application (2023-2032)
6 North America
6.1 North America Lightning Protection System (LPS) Market Size (2017-2032)
6.2 North America Lightning Protection System (LPS) Market Growth Rate by Country: 2018 VS 2023 VS 2032
6.3 North America Lightning Protection System (LPS) Market Size by Country (2017-2023)
6.4 North America Lightning Protection System (LPS) Market Size by Country (2023-2032)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Lightning Protection System (LPS) Market Size (2017-2032)
7.2 Europe Lightning Protection System (LPS) Market Growth Rate by Country: 2018 VS 2023 VS 2032
7.3 Europe Lightning Protection System (LPS) Market Size by Country (2017-2023)
7.4 Europe Lightning Protection System (LPS) Market Size by Country (2023-2032)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Lightning Protection System (LPS) Market Size (2017-2032)
8.2 Asia-Pacific Lightning Protection System (LPS) Market Growth Rate by Region: 2018 VS 2023 VS 2032
8.3 Asia-Pacific Lightning Protection System (LPS) Market Size by Region (2017-2023)
8.4 Asia-Pacific Lightning Protection System (LPS) Market Size by Region (2023-2032)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Lightning Protection System (LPS) Market Size (2017-2032)
9.2 Latin America Lightning Protection System (LPS) Market Growth Rate by Country: 2018 VS 2023 VS 2032
9.3 Latin America Lightning Protection System (LPS) Market Size by Country (2017-2023)
9.4 Latin America Lightning Protection System (LPS) Market Size by Country (2023-2032)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Lightning Protection System (LPS) Market Size (2017-2032)
10.2 Middle East & Africa Lightning Protection System (LPS) Market Growth Rate by Country: 2018 VS 2023 VS 2032
10.3 Middle East & Africa Lightning Protection System (LPS) Market Size by Country (2017-2023)
10.4 Middle East & Africa Lightning Protection System (LPS) Market Size by Country (2023-2032)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Detail
11.1.2 ABB Business Overview
11.1.3 ABB Lightning Protection System (LPS) Introduction
11.1.4 ABB Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.1.5 ABB Recent Development
11.2 DEHN International
11.2.1 DEHN International Company Detail
11.2.2 DEHN International Business Overview
11.2.3 DEHN International Lightning Protection System (LPS) Introduction
11.2.4 DEHN International Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.2.5 DEHN International Recent Development
11.3 Siemens
11.3.1 Siemens Company Detail
11.3.2 Siemens Business Overview
11.3.3 Siemens Lightning Protection System (LPS) Introduction
11.3.4 Siemens Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.3.5 Siemens Recent Development
11.4 ECLE
11.4.1 ECLE Company Detail
11.4.2 ECLE Business Overview
11.4.3 ECLE Lightning Protection System (LPS) Introduction
11.4.4 ECLE Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.4.5 ECLE Recent Development
11.5 NEMA
11.5.1 NEMA Company Detail
11.5.2 NEMA Business Overview
11.5.3 NEMA Lightning Protection System (LPS) Introduction
11.5.4 NEMA Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.5.5 NEMA Recent Development
11.6 EC&M
11.6.1 EC&M Company Detail
11.6.2 EC&M Business Overview
11.6.3 EC&M Lightning Protection System (LPS) Introduction
11.6.4 EC&M Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.6.5 EC&M Recent Development
11.7 Erico
11.7.1 Erico Company Detail
11.7.2 Erico Business Overview
11.7.3 Erico Lightning Protection System (LPS) Introduction
11.7.4 Erico Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.7.5 Erico Recent Development
11.8 Eaton
11.8.1 Eaton Company Detail
11.8.2 Eaton Business Overview
11.8.3 Eaton Lightning Protection System (LPS) Introduction
11.8.4 Eaton Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.8.5 Eaton Recent Development
11.9 Emerson Electric
11.9.1 Emerson Electric Company Detail
11.9.2 Emerson Electric Business Overview
11.9.3 Emerson Electric Lightning Protection System (LPS) Introduction
11.9.4 Emerson Electric Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.9.5 Emerson Electric Recent Development
11.10 GE Industrial Solutions
11.10.1 GE Industrial Solutions Company Detail
11.10.2 GE Industrial Solutions Business Overview
11.10.3 GE Industrial Solutions Lightning Protection System (LPS) Introduction
11.10.4 GE Industrial Solutions Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.10.5 GE Industrial Solutions Recent Development
11.11 A. Harfield Ltd
11.11.1 A. Harfield Ltd Company Detail
11.11.2 A. Harfield Ltd Business Overview
11.11.3 A. Harfield Ltd Lightning Protection System (LPS) Introduction
11.11.4 A. Harfield Ltd Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.11.5 A. Harfield Ltd Recent Development
11.12 Harger Lightning & Grounding
11.12.1 Harger Lightning & Grounding Company Detail
11.12.2 Harger Lightning & Grounding Business Overview
11.12.3 Harger Lightning & Grounding Lightning Protection System (LPS) Introduction
11.12.4 Harger Lightning & Grounding Revenue in Lightning Protection System (LPS) Business (2017-2023)
11.12.5 Harger Lightning & Grounding Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

ABB
DEHN International
Siemens
ECLE
NEMA
EC&M
Erico
Eaton
Emerson Electric
GE Industrial Solutions
A. Harfield Ltd
Harger Lightning & Grounding

Request Sample