World Lightning Protection Technologies (LPT) Markets

This publication has been discontinued on July 19, 2011.

Introduction

Abstract

Harmonizing Standards and Regulations across Different Regions to Save Resources in the Lightning Protection Technology Market

With every country having different standards and regulations, the market for lightning protection technology (LPT) is mired in confusion and misinterpretation about protection products among customers. Such disorder can waste time, money, and other resources. In the U.S. market, majority of the companies comply with National Fire Protection Association (NFPA) Standard 780 and the Underwriters Laboratories (UL) 96A standard. The European International Electrotechnical Commission (IEC) 1024 is one of the most essential and widely adopted document for LPTs. LPT vendors primary focus is the rationalization of products to accommodate different standards. Meanwhile, manufacturers have to retest and redesign their devices to meet the requirements and specifications of an industry standard.

This Frost & Sullivan research service looks at the global LPT markets. It segments the market into grounding and lightning protection equipment and discusses market drivers and restraints as well as industry challenges. Additionally, it also provides information on the growth trends, technology trends, competitive structure and market opportunities, thereby enabling companies to align their positioning strategies to benefit from the changing market and obtain maximum return on investment.

Demand from Various End-User Industries Spur Growth of LPT Market

State legislatures are mandating that lightning protection systems be installed in schools, hospitals, and other public buildings. Major LPT and grounding equipment end users such as utilities, water treatment and nuclear power plants, warehouses, seaports, airports, military, broadcast industry, houses as well as residential complexes, and healthcare are expected to significantly spur product demand. Commercial sectors including schools, offices, stadiums, golf courses, and large building complexes are other likely sources of revenue.

The telecommunications and wireless sectors can provide a major thrust to the LPT market, as their control towers and base stations need protection from lightening strikes. Greater use of electronic equipment -- in both homes and offices -- can also hike demand for LPT devices. "High-tech electronic equipment is extremely sensitive and is damaged by voltage fluctuations and lightning strikes," says the analyst of this research service. "Grounding solves this problem and ensures the safety of the gadgets." Rapid infrastructure development and growing industrialization are also anticipated to drive market growth.

Complete Solutions and Enhanced End-User Experience to Augment Market Revenue

Bundling various power quality solutions to provide a complete solution for customers is likely to see the $450.2 million world LPT market achieve substantial growth rates. These packages could include grounding, lightning protection, and other supporting products. This strategy has generated tremendous response and is expected to propel the market toward $695.5 million by 2011. Providing quick service and implementing a customer feedback process are also part of these complete solution packages.

To achieve high levels of customer satisfaction, companies have to develop customer-related solutions and consistently expand their products and services. "Through in-depth training programs and seminars, manufacturers can keep customers abreast of developments in the market," notes the analyst. "Product line, timeliness of delivery, and value-added services help them expand their customer base." Installation and maintenance services also greatly improve customer satisfaction.

Table of Contents

• 1. Executive Summary
  • 1. Market Overview
    • 1. Introduction
    • 2. Technologies
  • 2. Major Research Findings
    • 1. Market Opportunities and Forecasts
    • 2. Market Segment Analysis
• 2. Total Lightning Protection Technology Market
  • 1. Market Overview and Definitions
    • 1. Introduction
    • 2. Market Engineering Measurements
    • 3. Market Drivers
      • a. Growth in Infrastructure Drives the Market
      • b. Growing Industrialization Incites Market Growth
      • c. Usage of Electronics in Homes and Offices Increases Sales
      • d. Telecommunication and Wireless industry, Information Technology (IT) Parks and Power Quality Networks Drive the LPT Market
      • e. End User Industries Spur Demand for LPT Products
      • f. Providing Complete Solution Drives Demand
      • g. Customer Service and Support Drives the Market
    • 4. Market Restraints
      • a. Different Industrial Standards and Regulatory Issues in the International Market Restrains Revenue Growth
      • b. Lack of Technological Innovations Hinders Growth
      • c. Increasing Cost of Raw Materials Impacts Market Growth
      • d. Difficulty in Proving the Effectiveness of LPT Affects Sales
      • e. Lack of End User Awareness about the Benefits of LPT Limits Growth
  • 2. Revenue Forecast
    • 1. Revenue Forecast and Trends
    • 2. Demand Analysis
    • 3. Market and Technology Trends
  • 3. Product Type Forecast
    • 1. Total Product Type Breakdown
  • 4. End User Application Analysis
    • 1. Revenue Forecasts by End User Application
    • 2. Industrial
    • 3. Commercial
    • 4. Residential
  • 5. Geographic Analysis
    • 1. Percent Breakdown by Region
    • 2. North America
    • 3. Europe
    • 4. Asia Pacific
    • 5. Rest-of-World
  • 6. Competitive Analysis
    • 1. Competitive Structure
    • 2. Market Share Analysis
  • 7. Challenges for World Lightning Protection Technology Market
    • 1. Industry Challenges for World LPT Market
  • 8. Frost and Sullivan Awards
    • 1. Frost & Sullivan Product Line Strategy Leadership Award
    • 2. Frost & Sullivan Customer Service Excellence Award
• 3. Grounding Market
  • 1. Market Overview and Definitions
    • 1. Introduction
    • 2. Market Engineering Measurements
    • 3. Market Drivers
      • a. Growth in Infrastructure Drives the Market
      • b. Growing Industrialization Incites Market Growth
      • c. Telecommunication and Wireless industry, Information Technology (IT) Parks and Power Quality Network Among Others are Likely to Contribute to the Growth of the LPT Market
      • d. Demand for Highly Reliable Power for Mission Critical Applications Increases Sales
    • 4. Market Restraints
      • a. Increasing Cost of Raw Materials Impacts Market Growth
      • b. Lack of End User Awareness about Long term Benefits of Grounding Affects Investment
  • 2. Forecasts and Trends
    • 1. Revenue Forecasts
    • 2. Demand Analysis
    • 3. Market and Technology Trends
  • 3. End User Application Analysis
    • 1. Revenue Forecasts by End User Application
    • 2. Industrial
    • 3. Commercial
    • 4. Residential
  • 4. Geographic Analysis
    • 1. Breakdown by Region
    • 2. North America
    • 3. Europe
    • 4. Asia Pacific
    • 5. Rest-of-World
  • 5. Competitive Analysis
    • 1. Competitive Structure
• 4. Lightning Protection Equipment Market
  • 1. Market Overview and Definitions
    • 1. Introduction
    • 2. Market Engineering Measurements
    • 3. Market Drivers
      • a. Growth in Infrastructure Drives the Market
      • b. Growing Industrialization Incites Market Growth
      • c. End User Industries Spur Demand for LPT Products
      • d. Providing Complete Solution Drives Demand
      • e. Customer Service and Support Drives the Market
    • 4. Market Restraints
      • a. Different Industrial Standards and Regulatory Issues in the International Market Restrains the Revenue Growth
      • b. Lack of Technological Innovations Hinders Growth
      • c. Difficulty in Proving the Effectiveness of LPT Affects sales
  • 2. Forecasts and Trends
    • 1. Revenue Forecasts
    • 2. Demand Analysis
    • 3. Market and Technology Trends
  • 3. End User Application Analysis
    • 1. Revenue Forecasts by End User Application
    • 2. Industrial
    • 3. Commercial
    • 4. Residential
  • 4. Geographic Analysis
    • 1. Breakdown by Region
    • 2. North America
    • 3. Europe
    • 4. Asia Pacific
    • 5. Rest-of-World
  • 5. Competitive Analysis
    • 1. Competitive Structure
• 5. Appendix
  • 1. Terms and Definitions
    • 1. List of Definitions
    • 2. Glossary of Terms
• 6. Supporting Database: DSD
  • 1. Supporting Data
    • 1. Number of Enterprises in Manufacturing Sector
    • 2. Number of Airports
    • 3. Steel Production
    • 4. Mineral Production - Copper Ore
    • 5. Electricity Installed Capacity

List Of Figures

Chapter 1

• Total Lightning Protection Technology (LPT) Market: Market Drivers Ranked in Order of Impact (World), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Market Restraints Ranked in Order of Impact (World), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Revenue Forecasts (World), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Percent of Revenues by Product Type (World), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Percent of Revenues by End User Application (World), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Revenue Forecasts (Industrial), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Revenue Forecasts (Commercial), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Revenue Forecasts (Residential), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Percent of Revenues by Geographic Region (World), 2000-2011
• Total Lightning Protection Technology (LPT) Market: Revenue Forecasts (North America), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Revenue Forecasts (Europe), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Revenue Forecasts (Asia Pacific), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Revenue Forecasts (Rest-of-World), 2005-2011
• Total Lightning Protection Technology (LPT) Market: Competitive Structure (World), 2004
• Total Lightning Protection Technology (LPT) Market: Company Market Share by Revenues (World), 2004
• Total Lightning Protection Technology (LPT) Market: Impact of Top Ten Industry Challenges (World), 2005-2011

Chapter 2

• Grounding Market: Market Drivers Ranked in Order of Impact (World), 2005-2011
• Grounding Market: Market Restraints Ranked in Order of Impact (World), 2005-2011
• Grounding Market: Revenue Forecasts (World), 2005-2011
• Grounding Market: Percent of Revenues by End User Application (World), 2005-2011
• Grounding Market: Revenue Forecasts (Industrial), 2005-2011
• Grounding Market: Revenue Forecasts (Commercial), 2005-2011
• Grounding Market: Revenue Forecasts (Residential), 2005-2011
• Grounding Market: Percent of Revenues by Geographic Region (World), 2000-2011
• Grounding Market: Revenue Forecasts (North America), 2005-2011
• Grounding Market: Revenue Forecasts (Europe), 2005-2011
• Grounding Market: Revenue Forecasts (Asia Pacific), 2005-2011
• Grounding Market: Revenue Forecasts (Rest-of-World), 2005-2011

Chapter 3

• Lightning Protection Equipment Market: Market Drivers Ranked in Order of Impact (World), 2005-2011
• Lightning Protection Equipment Market: Market Restraints Ranked in Order of Impact (World), 2005-2011
• Lightning Protection Equipment Market: Revenue Forecasts (World), 2005-2011
• Lightning Protection Equipment Market: Percent of Revenues by End User Application (World), 2005-2011
• Lightning Protection Equipment Market: Revenue Forecasts (Industrial), 2005-2011
• Lightning Protection Equipment Market: Revenue Forecasts (Commercial), 2005-2011
• Lightning Protection Equipment Market: Revenue Forecasts (Residential), 2005-2011
• Lightning Protection Equipment Market: Percent of Revenues by Geographic Region (World), 2001-2011
• Lightning Protection Equipment Market: Revenue Forecasts (North America), 2005-2011
• Lightning Protection Equipment Market: Revenue Forecasts (Europe), 2005-2011
• Lightning Protection Equipment Market: Revenue Forecasts (Asia Pacific), 2005-2011
• Lightning Protection Equipment Market: Revenue Forecasts (Rest-of-World), 2005-2011

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