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Global Lightning Rod Market Expected To Grow At CAGR Of 7.98% during the period 2017-2021

Press Release   •   Jan 13, 2017 05:02 EST

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.

Technavios analysts forecast the global lightning rod market to grow at a CAGR of 7.98% 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 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:




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


A.N. Wallis


Other prominent vendors

East Coast Lightning Equipment

Harger Lightning & Grounding

Kingsmill Industries

Lightning Protection International

Metal Gems

OBO Bettermann

Robbins Lightning

Thompson Lightning Protection

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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?

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

Market overview

Vendor segmentation

Common currency conversion rates

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape


Market size and forecast by revenue

Five forces analysis

PART 06: Market segmentation by end-user


Global lightning rod market for industrial end-users

Global lightning rod market for commercial end-users

Global lightning rod market for residential end-users

Segmentation summary

PART 07: Geographical segmentation


Lightning rod market in Americas

Lightning rod market in EMEA

Lightning rod market in APAC

Segmentation summary

PART 08: Market drivers

Adherence to lightning protection safety standards

High cost of lightning strike damages

Increasing construction activities

PART 09: Impact of drivers

PART 10: Market challenges

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