Grounding sheets are copper or galvanized steel meshes installed underground or covered with backfill to protect structures from lightning strikes and fault currents. They work as grounding electrode to divert any electric current from the buildings or infrastructure to the ground, preventing damages. The global construction industry has been growing rapidly which has increased the demand for grounding sheets significantly for protecting various types of structures from electrical faults. Various safety standards and regulations across countries have made grounding sheet installation mandatory for buildings, communication towers, power grids, and other critical infrastructures prone to lightning strikes. This has driven the global grounding sheet market in recent years.
Market Dynamics
One of the key drivers for the grounding sheet market has been the rapid growth in infrastructure development activities across both developed and developing economies. With increasing urbanization, many cities are building residential and commercial high-rises which demand robust grounding solutions to ensure personnel safety. On the other hand, factors such as availability of substitute products like concrete-encased grounding electrodes and preference for alternative earthing methods in some regions can restrain the market growth. However, Innovation in materials to enhance conductivity while reducing costs is another growth aspect for major players.
Key Features of the Study
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