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Global Lightning Rod Market 2017-2021

Global Lightning Rod Market 2017-2021

About Lightning Rods

A lightning strike carries around 100 million volts of electricity and up to 100,000 amperes of current. Hence, lightning protection systems are critical to ensuring the safety of people and infrastructure. Lightning rods are an important component of any lightning protection system. This metallic rod serves as the initial point of lightning strike. The global market for lightning rods is expected to be driven by the increasing demand from industrial end-users such as power plants, manufacturing plants, and oil and gas plants. The increasing consumption of lightning rods in commercial buildings due to the increasing use of sensitive, smart devices is another key factor driving the growth of the market.

Technavio’s analysts forecast the global lightning rod market to grow at a CAGR of 7.98% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global lightning rod market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of lightning rods at the manufacturer level.

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

  • Americas
  • APAC
  • EMEA
Technavio's report Global Lightning Rod 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
  • Pentair
  • A.N. Wallis
  • Alltec
Other prominent vendors
  • East Coast Lightning Equipment
  • Harger Lightning & Grounding
  • Kingsmill Industries
  • Lightning Protection International
  • Metal Gems
  • OBO Bettermann
  • Robbins Lightning
  • Thompson Lightning Protection
Market driver
  • Adherence to lightning protection safety standards
  • For a full, detailed list, view our report
Market challenge
  • Lack of awareness in developing countries
  • For a full, detailed list, view our report
Market trend
  • Introduction of lightning rods with decorative motifs
  • 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 Lightning Rod Market 2017-2021

Technavio recognizes the following companies as the key players in the global lightning rod market: Pentair, A.N. Wallis, and Alltec

Other Prominent Vendors in the market are: East Coast Lightning Equipment, Harger Lightning & Grounding, Kingsmill Industries, Lightning Protection International, Metal Gems, OBO Bettermann, Robbins Lightning, and Thompson Lightning Protection

Commenting on the report, an analyst from Technavio’s team said: “Lightning rods, the first point of lightning strike, are available in various types of tip ends such as blunt, rounded, pointed, and tapered. End-users prefer blunt-end lightning rods due to the fact that blunt-end air terminals have a higher probability of lightning strike reception than other types of lightning rods. Blunt-end lightning rods also accept the strike faster and stronger than sharp-end lightning rods due to the presence of a stronger electric field than a sharper rod of the same height.”

According to the report, a cloud-to-ground lightning current always seeks to pass to the ground through a path of least resistance. When it comes to buildings and houses, it finds many routes such as electric lines, water pipes, gas lines, cable and internet lines, and metal window frames that are conductive to lightning. Lightning current can cause severe damages if the building is not equipped with proper lightning protection.

Further, the report states that lightning rods are made of copper, steel, or aluminum because of their high conductivity and easy availability. Corrosion is the gradual destruction of metals due to an electrochemical reaction with the environment. In the presence of moisture, copper and steel are susceptible to corrosion, which can gradually reduce the efficiency of lightning rods. Although corrosion may not immediately impact the functioning of lightning protection, it can degrade the metal. Many vendors offer painted lightning rods as painting can slow down the corrosion, but not stop this process permanently. According to UL and LPS safety standards, the presence of even a small amount of corrosion can lead to compliance issues. This can necessitate frequent replacement of lightning rods, which can be a tedious and expensive procedure.

Companies Mentioned

Pentair, A.N. Wallis, Alltec, East Coast Lightning Equipment, Harger Lightning & Grounding, Kingsmill Industries, Lightning Protection International, Metal Gems, OBO Bettermann, Robbins Lightning, Thompson Lightning Protection.

  • Executive summary
  • Scope of the report
    • Market overview
    • Vendor segmentation
    • Common currency conversion rates
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Overview
      • Table Components of lightning protection system
      • Table Damages caused by lightning
    • Market size and forecast by revenue
      • Table Global lightning rod market 2016-2021 ($ million)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Overview
      • Table Global lightning rod market by end-user
      • Table Global lightning rod market by end-user 2016
      • Table Global lightning rod market by end-user: CAGR 2016-2021
      • Table Global lightning rod market by end-user 2021
    • Global lightning rod market for industrial end-users
      • Table Global lightning rod market for industrial end-users 2016-2021 ($ millions)
    • Global lightning rod market for commercial end-users
      • Table Global lightning rod market for commercial end-users 2016-2021 ($ millions)
      • Table International safety standards for lightning protection
    • Global lightning rod market for residential end-users
      • Table Global lightning rod market for residential end-users 2016-2021 ($ millions)
    • Segmentation summary
      • Table Global lightning rod market by end-user: Segmentation summary 2016-2021($ millions)
  • Geographical segmentation
    • Overview
      • Table Global lightning rod market by geography 2016
      • Table Global lightning rod market by geography: CAGR 2016-2021
      • Table Global lightning rod market by geography 2021
    • Lightning rod market in Americas
      • Table Lightning rod market in Americas 2016-2021
    • Lightning rod market in EMEA
      • Table Tallest structures in Middle-East by country 2015
      • Table Lightning rod market in EMEA
    • Lightning rod market in APAC
      • Table Lightning rod market in APAC
    • Segmentation summary
      • Table Global lightning rod market by geography: segmentation summary 2016-2021($ millions)
  • Market drivers
    • Adherence to lightning protection safety standards
      • Table Key product offerings and safety standard compliance
    • High cost of lightning strike damages
      • Table Example of lightning hazards to a house
    • Increasing construction activities
      • Table Key industries for construction activities in Africa by key countries 2016-2021
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Concerns about corrosion
      • Table Corrosion susceptibility of metals
    • Need for frequent maintenance
      • Table Periodic inspection: Parameters
    • Lack of awareness in developing countries
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Introduction of lightning rods with decorative motifs
      • Table Examples of decorative motifs offered by vendors
      • Table Lightning rods with and without decorative motifs: CAGR 2016-2021
    • Lightning rods with ESE technology
      • Table Vendors offering ESE air terminals
      • Table ESE-based lightning rods versus conventional lightning rods: CAGR 2016-2021
    • Demand for blunt-end lightning rods
      • Table Blunt-end air terminal versus sharp-end air terminal
  • Vendor landscape
    • Competitive scenario
    • Key vendor ranking
      • Table Global lightning rod market: Key vendor ranking 2016
    • Other prominent vendors
  • Key vendor analysis
    • Pentair
      • Table Pentair: Business segmentation 2016
    • A.N. Wallis
      • Table A.N. Wallis: Business segmentation 2016
    • Alltec
      • Table Alltec: Business segmentation 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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