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Global Grounding Bars and Rods Market 2017-2021

Global Grounding Bars and Rods Market 2017-2021

About Grounding Bars and Rods

Grounding bars and rods are components of grounding systems used in industrial, commercial, and residential building or infrastructure. Grounding bars are metal brackets made of conductive materials, such as copper and galvanized steel, which serve as a central grounding point for equipment. These bars and rods provide a conducive path for electricity to flow through them. Grounding rods are the end point of grounding systems. The conductivity and service life of products depend on the thickness of the coating. Typically, the length of the rod is 8' and the thickness of the rod is from 3/8 to 1.

Technavio’s analysts forecast the global grounding bars and rods market to grow at a CAGR of 3.46% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global grounding bars and rods market for 2017-2021. To calculate the market size, the report considers the demand for grounding bars and rods.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Grounding Bars and Rods 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
  • Galvan Industries
  • INDELEC
  • Nehring Electrical Works
  • Pentair
Other prominent vendors
  • ABB
  • Alfredkim Systems & Solutions
  • Amiable Impex
  • Cirprotec
  • DEHN + SÖHNE
  • Eastland Switchgears
  • Eaton
  • GE
  • Gmax Electric
  • INGESCO
  • J.M.N Earthing & Electricals
  • JMV LPS
  • Kingsmill Industries
  • Kopell
  • Harger Lightning & Grounding
  • ISG Global
  • Lighting Master
  • Schneider Electric
  • Siemens
  • Storm Power Components
  • True Power Earth Solutions
Market driver
  • Growth in construction industry in APAC
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating raw material prices
  • For a full, detailed list, view our report
Market trend
  • Increase in the number of data centers
  • For a full, detailed list, view our report
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?


Press Release

Technavio Announces the Publication of its Research Report – Global Grounding Bars and Rods Market 2017-2021

Technavio recognizes the following companies as the key players in the global grounding bars and rods market: A.N. Wallis, Galvan Industries, INDELEC, Nehring Electrical Works, and Pentair.

Other Prominent Vendors in the market are: ABB, Alfredkim Systems & Solutions, Amiable Impex, Cirprotec, DEHN + SÖHNE, Eastland Switchgears, Eaton, GE, Gmax Electric, INGESCO, J.M.N Earthing & Electricals, JMV LPS, Kingsmill Industries, Kopell, Harger Lightning & Grounding, ISG Global, Lighting, Master, Schneider Electric, Siemens, Storm Power Components, and True Power Earth Solutions.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increase in the number of data centers. The adoption of cloud computing has led to widespread acceptance of data centers. Data center is a highly networked computer server that stores large amount of data. The number of data centers has seen a substantial increase over the past few years and is expected to rise in the future. Increased dependency on Internet and social media clubbed with advances in technology has led to the increasing number of data centers.”

According to the report, one of the major drivers for this market is growth in construction industry in APAC. Grounding bars and rods are used in every building, be it commercial or residential. These are safety equipment that are necessary to all buildings. With proper grounding, a connection is created between sensitive electrical equipment and the ground. This connection protects personnel and equipment from damaging surges during dangerous electrical events. With improvements in living standards, there has been a surge in construction over the past few years, which is likely to grow steadily in the coming years as well.

Further, the report states that one of the major factors hindering the growth of this market is fluctuating raw material prices. Grounding bars and rods are made up of various materials, namely copper, stainless steel, and galvanized steel. Copper is the most commonly used material. Vendors producing these grounding bars and rods need to ascertain the price of the product. This price setting is dependent on the price of the commodity. However, copper and stainless steel are subjected to price fluctuations, making it difficult for vendors to ascertain the price of grounding bar and rods.



Companies Mentioned

A.N. Wallis, Galvan Industries, INDELEC, Nehring Electrical Works, Pentair, ABB, Alfredkim Systems & Solutions, Amiable Impex, Cirprotec, DEHN + SÖHNE, Eastland Switchgears, Eaton, GE, Gmax Electric, INGESCO, J.M.N Earthing & Electricals, JMV LPS, Kingsmill Industries, Kopell, Harger Lightning & Grounding, ISG Global, Lighting, Master, Schneider Electric, Siemens, Storm Power Components, and True Power Earth Solutions.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Product specification of grounding bars and rods
      • Table Attribute rating for grounding bars and materials
      • Table Global grounding bars and rods market by end-user
      • Table Global grounding bars and rods market by geography
  • Market landscape
    • Global grounding bars and rods market: Overview
      • Table Global grounding bars and rods market: 2016-2021
      • Table Global grounding bars and rods market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global grounding bars and rods market by end user
      • Table Global grounding bars and rods market by end-user 2016 and 2021 (%)
      • Table Global grounding bars and rods market by end-user segmentation in terms of revenue generation 2016-2021 ($ millions)
    • Global grounding bars and rods market in construction industry
      • Table Global grounding bars and rods market in construction industry 2016-2021 ($ millions)
    • Global grounding bars and rods market in manufacturing sector
      • Table Global grounding bars and rods market in manufacturing sector 2016-2021 ($ millions)
    • Global grounding bars and rods market in power industry
      • Table Global grounding bars and rods market in power industry 2016-2021 ($ millions)
      • Table Regional share of wind capacity installation in 2016 (%)
    • Global grounding bars and rods market in telecom and data centers industry
      • Table Global grounding bars and rods market in telecom and data centers industry 2016- 2021 ($ millions)
  • Geographical segmentation
    • Overview
      • Table Global grounding bars and rods market by geography 2016-2021 ($ millions)
      • Table Global grounding bars and rods market by geography segmentation in terms of revenue generation 2016-2021 ($ millions)
    • APAC
      • Table Grounding bars and rods market in APAC 2016-2021 ($ millions)
    • Americas
      • Table Grounding bars and rods market in the Americas 2016-2021 ($ millions)
    • EMEA
      • Table Grounding bars and rods market in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Country-wise average construction spending in APAC 2015
      • Table Global power outlook
      • Table Specific requirements as per article 250 of NEC for grounding and bonding equipment
    • Market challenges
      • Table Copper and stainless steel price fluctuations 2015-2016
  • Market trends
    • Table Global data center construction market 2015-2020 ($ billions)
    • Table Top 5 countries producing solar and wind power: 2014-2015 (MW)
    • Table Global share of telecom towers in 2016
  • Vendor landscape
    • Competitive scenario
      • Table Geographical presence of key vendors
    • Other prominent vendors
  • Key vendor analysis
    • A.N. Wallis
    • Galvan Industries
    • INDELEC
    • Nehring Electrical Works
    • Pentair
  • Appendix
    • List of abbreviations
  • Explore Technavio

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