Albany, NY -- (SBWIRE) -- 06/20/2017 -- A lightning protection system is an integral part of the overall safety system of a building. It is designed to protect a structure from damages caused by lightning fires, high-voltage currents, and surges. Lightning protection system consists of three major components, including lightning rods, conductor cables, and ground rods. Lightning rods are the initial point of contact for a lightning strike. Down-conductors are connected to air terminals, providing a safe path to the ground rods; these ground rods disintegrate the lightning strike into the earth.

Technavios analysts forecast the global lighting protection systems market to grow at a CAGR of 5.14% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global lighting protection systems market for 2017-2021. To calculate the market size, the report considers the sales value of the overall lightning protection systems.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Lighting Protection Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
A.N. Wallis & Co
ABB
DEHN
Pentair

Other prominent vendors
Alltec
East Coast Lightning Equipment
Kingsmill Industries
Lightning Master
Metal Gems
OBO BETTERMANN

Market driver
Strong demand from commercial end-users
For a full, detailed list, view our report

Market challenge
Lack of awareness in developing countries
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Market trend
Rising number of smart homes
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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