Global Lightning Rod Market by Type (Air-Termination Lightning Protection System, Meshed Conductors Lightning Protection System, Catenary wire lightning conductor, Streamer emission lightning conductor, Others), By Application (Towers, Space Shuttle Launch Pad, Factories, Buildings) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Lightning Rod Market size is projected to grow from an estimated USD 1.11 Billion in 2018 to USD X.XX Billion by 2028, at a CAGR of 5.0% from 2018 to 2028. This growth can be attributed to the increasing awareness about lightning protection systems among end-users and the growing demand for lightning protection systems in commercial and industrial buildings.
A lightning rod (or lightning conductor) is a metal object that is attached to the top of a building or structure, which is designed to attract and then safely conduct lightning away from the building. Lightning rods are often used in conjunction with a grounding system, which allows electricity to flow harmlessly into the ground instead of through the building. It helps in conducting lighting strikes and safely dissipates them into the ground, hence protecting buildings from fire or explosion. Lightning rods are also referred to as ‘lightning conductors’ or ‘air terminals’ because they intercept overhead clouds during thunderstorms and allow the lightning bolt to travel down the rod instead of into the building.
On the basis of Type, the global lightning rod market is segmented into air-termination lightning protection system, meshed conductors lightning protection system, catenary wire lightning conductor, streamer emission lightning conductor, and others.
Air-Termination Lightning Protection System:
An air-termination lightning protection system is also known as conventional lightning protection. It mainly comprises air terminals, down conductors, and earth electrodes. Conventional Lightning Protection Systems are installed for the purpose of providing a safe path for the electrical energy from cloud to the ground by means of low resistance paths which will ensure that all or most of this energy can be dissipated safely into the ground.
Meshed Conductors Lightning Protection System:
The second most common type is a meshed conductor lightning protection system, which consists of a series of wires that are attached to the roof of the building. When a lightning strike occurs, electricity travels down these wires and then spreads out across all other objects in range (including people) before being safely conducted into the ground. This type of system offers improved performance in areas with high electromagnetic interference (EMI) levels.
Catenary Wire Lightning Conductor:
A catenary wire lightning conductor is a type of lightning rod that consists of a single, continuous wire. The wire hangs between two poles or towers and is designed to attract and then safely conduct lightning away from the building or structure. Catenary wires are often used in rural areas where there are no other nearby objects to attach a traditional lightning rod to. The exposed metal wire acts as a path for lightning strikes to travel down into the ground, instead of discharging into nearby structures.
The catenary wire is attached at one end to an anchor point on the structure and suspended with tension from poles or towers that are placed at equal distances apart along its length. If there are no other nearby objects to attach a traditional lightning rod to, then a catenary wire can be used as an alternative. Catenary wires are also known as ‘hanging wires’ or ‘drooping wires’.
Streamer Emission Lightning Conductor:
A streamer emission lightning conductor is a type of lightning rod that uses a pointed metal wire or rod to create an ionized path for the lightning strike to follow. When a storm approaches, the streamer emission conductor begins to emit small sparks (or ‘streamers’) from its tip. These streamers will eventually connect with the leaders from the thundercloud, allowing the lightning to flow down the conductor and safely into the ground. Streamer emission lightning conductors are often used in areas where there is a high risk of lightning strikes, such as near airports or tall buildings.
On the basis of Application, the global lightning rod market is segmented into towers, space shuttle launch pads, factories, and buildings.
On the basis of Region, the global lightning rod market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The US is the largest market for lightning rods in North America, owing to the presence of a large number of companies in the country. The US has a great potential for lightning protection systems and is expected to witness a high growth rate during the forecast period. The Canadian market for lightning rods is projected to grow at a moderate pace during the forecast period. The Latin American market for lightning rods is projected to grow at a moderate pace during the forecast period. Brazil is expected to be one of the fastest-growing markets for lightning protection systems in the region. The Mexican market for lightning rods is projected to grow at a moderate pace during the forecast period.
The lightning rod market has been growing due to the increasing number of lightning strikes in European countries, especially Germany, France, Italy, and Spain. The market for lightning rods is also projected to grow due to the increasing number of tall buildings and skyscrapers in Europe. The air-termination lightning protection system held a dominant share of the European lightning rod market in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to its low installation cost as well as easy maintenance.
The Asia Pacific lightning rod market is expected to grow at a significant pace, owing to the growing industrialization and urbanization. Rapid economic development in countries such as India, Japan, South Korea, and China has increased the demand for high-rise buildings with strong infrastructure. To ensure safety from natural calamities such as lightning strikes and thunderstorms, many buildings are now installing lightning protection systems, which is subsequently driving the demand for lightning rods.
Growth Factors For The Global Lightning Rod Market:
The growth of the global lightning rod market can be attributed to the increasing awareness about lightning protection systems among end-users and the growing demand for lightning protection systems in commercial and industrial buildings. In addition, factors such as the rising number of thunderstorms and hurricanes, and the increasing installation of renewable energy sources are also contributing to the growth of the global lightning rod market.
Up Market Research published a new report titled “Lightning Rod Market research report which is segmented by Types (Air-Termination Lightning Protection System, Meshed Conductors Lightning Protection System, Catenary wire lightning conductor, Streamer emission lightning conductor, Others), By Applications (Towers, Space Shuttle Launch Pad, Factories, Buildings), By Players/Companies Pentair, A.N. Wallis, Alltec, East Coast Lightning Equipment, Harger Lightning & Grounding, Kingsmill, Lightning Protection International, Metal Gems, OBO Bettermann, Robbins Lightning”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Lightning Rod Market Research Report |
By Type | Air-Termination Lightning Protection System, Meshed Conductors Lightning Protection System, Catenary wire lightning conductor, Streamer emission lightning conductor, Others |
By Application | Towers, Space Shuttle Launch Pad, Factories, Buildings |
By Companies | Pentair, A.N. Wallis, Alltec, East Coast Lightning Equipment, Harger Lightning & Grounding, Kingsmill, Lightning Protection International, Metal Gems, OBO Bettermann, Robbins Lightning |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 215 |
Number of Tables & Figures | 151 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Lightning Rod Market Report Segments:
The market is segmented by Type Air-Termination Lightning Protection System, Meshed Conductors Lightning Protection System, Catenary wire lightning conductor, Streamer emission lightning conductor, Others and By Application Towers, Space Shuttle Launch Pad, Factories, Buildings.
Some of the companies that are profiled in this report are:
- Pentair
- A.N. Wallis
- Alltec
- East Coast Lightning Equipment
- Harger Lightning & Grounding
- Kingsmill
- Lightning Protection International
- Metal Gems
- OBO Bettermann
- Robbins Lightning
Lightning Rod Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Lightning Rod Market
Overview of the regional outlook of the Lightning Rod Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Lightning Rod Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Lightning Rod Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Air-Termination Lightning Protection System
2. Meshed Conductors Lightning Protection System
3. Catenary wire lightning conductor
4. Streamer emission lightning conductor
5. Others
7. By Application:1. Towers
2. Space Shuttle Launch Pad
3. Factories
4. Buildings
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lightning Rod Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Lightning Rod Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lightning Rod Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lightning Rod Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lightning Rod Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lightning Rod Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lightning Rod Market Size & Forecast, 2018-2028
4.5.1 Lightning Rod Market Size and Y-o-Y Growth
4.5.2 Lightning Rod Market Absolute $ Opportunity
Chapter 5 Global Lightning Rod Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lightning Rod Market Size Forecast by Type
5.2.1 Air-Termination Lightning Protection System
5.2.2 Meshed Conductors Lightning Protection System
5.2.3 Catenary wire lightning conductor
5.2.4 Streamer emission lightning conductor
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lightning Rod Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lightning Rod Market Size Forecast by Applications
6.2.1 Towers
6.2.2 Space Shuttle Launch Pad
6.2.3 Factories
6.2.4 Buildings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lightning Rod Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lightning Rod Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lightning Rod Analysis and Forecast
9.1 Introduction
9.2 North America Lightning Rod Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lightning Rod Market Size Forecast by Type
9.6.1 Air-Termination Lightning Protection System
9.6.2 Meshed Conductors Lightning Protection System
9.6.3 Catenary wire lightning conductor
9.6.4 Streamer emission lightning conductor
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lightning Rod Market Size Forecast by Applications
9.10.1 Towers
9.10.2 Space Shuttle Launch Pad
9.10.3 Factories
9.10.4 Buildings
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lightning Rod Analysis and Forecast
10.1 Introduction
10.2 Europe Lightning Rod Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lightning Rod Market Size Forecast by Type
10.6.1 Air-Termination Lightning Protection System
10.6.2 Meshed Conductors Lightning Protection System
10.6.3 Catenary wire lightning conductor
10.6.4 Streamer emission lightning conductor
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lightning Rod Market Size Forecast by Applications
10.10.1 Towers
10.10.2 Space Shuttle Launch Pad
10.10.3 Factories
10.10.4 Buildings
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lightning Rod Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lightning Rod Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lightning Rod Market Size Forecast by Type
11.6.1 Air-Termination Lightning Protection System
11.6.2 Meshed Conductors Lightning Protection System
11.6.3 Catenary wire lightning conductor
11.6.4 Streamer emission lightning conductor
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lightning Rod Market Size Forecast by Applications
11.10.1 Towers
11.10.2 Space Shuttle Launch Pad
11.10.3 Factories
11.10.4 Buildings
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lightning Rod Analysis and Forecast
12.1 Introduction
12.2 Latin America Lightning Rod Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lightning Rod Market Size Forecast by Type
12.6.1 Air-Termination Lightning Protection System
12.6.2 Meshed Conductors Lightning Protection System
12.6.3 Catenary wire lightning conductor
12.6.4 Streamer emission lightning conductor
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lightning Rod Market Size Forecast by Applications
12.10.1 Towers
12.10.2 Space Shuttle Launch Pad
12.10.3 Factories
12.10.4 Buildings
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lightning Rod Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lightning Rod Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lightning Rod Market Size Forecast by Type
13.6.1 Air-Termination Lightning Protection System
13.6.2 Meshed Conductors Lightning Protection System
13.6.3 Catenary wire lightning conductor
13.6.4 Streamer emission lightning conductor
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lightning Rod Market Size Forecast by Applications
13.10.1 Towers
13.10.2 Space Shuttle Launch Pad
13.10.3 Factories
13.10.4 Buildings
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lightning Rod Market: Competitive Dashboard
14.2 Global Lightning Rod Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pentair
14.3.2 A.N. Wallis
14.3.3 Alltec
14.3.4 East Coast Lightning Equipment
14.3.5 Harger Lightning & Grounding
14.3.6 Kingsmill
14.3.7 Lightning Protection International
14.3.8 Metal Gems
14.3.9 OBO Bettermann
14.3.10 Robbins Lightning