Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Lightning Protection Technologies (LPT) market. Market segmentation includes Technology (Conventional, Unconventional), and End-Use (Commercial, Residential, Industrial).
Rapid industrialization and urbanization globally have resulted in emergence of tall structures that are exposed to lightning due to the presence of various conductors, requiring effective protection from lightning. The market growth is favored by stringent regulations for public services and ongoing advancements in the telecom sector along with expansion of the telecommunication infrastructure. Lightning strikes can damage appliances and building materials, creating strong demand for protection products. In addition, the need to protect smart homes from high current and voltage spikes due to lightning is expected to further bolster the demand for lightning protection systems. These products are anticipated to find increasing acceptance across different end-user segments like utilities, water treatment plants, warehouses, nuclear power units, military, airports, residential areas and healthcare facilities. The adoption is favored by development of telecommunication facilities coupled with mounting regulatory pressure for protecting commercial facilities like offices, schools and healthcare units. Deployment of lightning protection systems in commercial units is likely to be one of the prominent trends driving the global market.
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 7499. Among this pool, 1052 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 223 unique participations, a total of 101 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
Key Competitors Covered in the Report -
Huawei Technologies Co., Ltd.
ASUSTeK Computer, Inc.
Lava International Ltd.
Best Tablet Company
Segments Covered in the Report -
Technology (Conventional, Unconventional)
End-Use (Commercial, Residential, Industrial)
Geographies Analyzed in the Report -
Rest of Europe
Rest of Asia-Pacific
Rest of Latin America
Rest of Middle East
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.