Lightning protection technology protects buildings, structures, and equipment from damage caused by direct or indirect lightning strikes. This includes using lightning rods on roofs, connected to a grounding system, and lightning arrestors and surge protection devices on electrical systems to divert electrical charges safely to the ground. Additionally, earthing systems and bonding of all conductive parts of a building ensure that all parts have the same electrical potential during a lightning strike, thus safely directing the charge into the ground. Lightning protection technologies are becoming increasingly important today as lightning strikes continue to rise. According to the National Oceanic and Atmospheric Administration (NOAA), there are an average of 25 million lightning strikes in the United States alone each year, with many more occurring worldwide. These strikes can cause serious damage to buildings, power grids, and other infrastructure, as well as harm to people and animals.
Increasing lightning strikes is a main driver of the lightning protection technologies market. As the number of strikes continues to rise, more organizations are recognizing the importance of protecting their buildings, power grids, and other infrastructure from the potential damage caused by these strikes. This has led to an increased demand for lightning protection technologies, and the market is expected to continue growing in the coming years as more organizations adopt these systems. Further, adopting lightning protection systems in smart cities and renewable energy projects is another key driver of the lightning protection technologies market. Smart cities use lightning protection technologies to ensure that their power grids, communications networks, and other critical infrastructure remain functional during lightning strikes. These systems also help to protect the smart city's residents and visitors from harm caused by lightning strikes. Similarly, renewable energy projects are also increasingly adopting lightning protection technologies to protect the solar panels, wind turbines, and other equipment that is used to generate clean energy. Additionally, the growing awareness about the dangers of lightning strikes is also driving the lightning protection technologies market. The awareness among individuals and organizations of the potential damage and injuries caused by lightning strikes has led to greater demand for lightning protection technologies. Governments and organizations recognize the importance of lightning protection, and many have implemented regulations mandating the use of these technologies in certain industries, such as aviation, to ensure the safety of people and property.
However, the lack of proper maintenance and monitoring of lightning protection systems can also act as a restraint for the growth of the market. These systems may not function properly if not properly maintained and monitored, which can lead to potential damage caused by lightning strikes and also create a false sense of security. This can result in organizations not getting the full benefits of the lightning protection systems they have invested in and may discourage them from investing in such systems in the future. Hence, proper maintenance and monitoring of these systems is crucial for their effective functioning and the growth of the lightning protection technologies market.
Moreover, the growing adoption of IoT in lightning protection systems creates new market opportunities lightning protection technologies market. IoT-enabled systems can provide real-time data on lightning strikes, allowing organizations to better protect their assets and people by taking proactive measures. For example, this can include shutting down equipment or evacuating buildings before a strike. Companies offering these IoT-enabled systems can benefit from this opportunity by providing more advanced and proactive solutions to their customers.
Recent developments to flourish in the market
In January 2023, scientists successfully demonstrated for the first time that a laser could act as a lightning rod to disperse dangerous atmospheric discharges. A group led by Aurélien Houard, a research engineer at ENSTA Paris, used a high-repetition-rate terawatt laser to divert a lightning strike by over 50 meters during an experiment on the Säntis Mountain in Switzerland. The laser was emitted in picosecond pulses and created filaments of intense light that ionized the nitrogen and oxygen molecules in the air to release electrons, creating a plasma that became an electrical conductor. The team thinks the idea could be developed to protect areas at high risk from storms.
Segmental Overview
By Product Type: The lightning protection technologies market is divided into air terminals and adaptors, conductors, fittings and connectors, grounding equipment, surge protectors, and others. Air terminals and adaptors are pointed metal rods that are installed on the roof of a building, and they are connected to a grounding system that directs the electrical charge from a lightning strike into the ground rather than into the building. Conductors are cables and other electrical components used to conduct electrical charges from lightning strikes to a grounding system, where they can be safely dissipated. Fittings and connectors are the various hardware components used to connect the different parts of a lightning protection system, such as clamps, connectors, and other fittings. Grounding equipment includes a variety of different components that are used to ground a lightning protection system, including earth rods, grounding plates, and other materials. Surge protectors are installed on electrical systems, such as power lines and cables, to protect against power surges caused by lightning strikes. .
By End User: The lightning protection technologies market is divided into buildings and factories, electric power, transportation, oil and gas, and others. Building and factories include the use of lightning protection systems in residential, commercial, and industrial buildings to protect against damage and injury from lightning strikes. Electric power includes using lightning protection systems in the electric power industry to protect power lines, substations, and other electrical equipment from lightning strikes. Transportation includes using lightning protection systems in the transportation industry, such as in airports, ports, ships, and trains. Oil and gas industry include lightning protection systems in their , such as on oil rigs, pipelines, and other equipment.
By Region: The lightning protection technologies market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America has a mature market for lightning protection technologies due to the high frequency of lightning strikes and strict building codes.
Competitive Analysis
This report includes competitive analysis and profiles of major players in the lightning protection technologies market, such as Pentair, Harger, Alltec Corporation, AN Wallis, Fatech Electronic, NexTek, AXIS Electrical Components, K.M.L.Technology, MTL Instruments Group, Lightning Protection International, Kumwell, Lightning Master, BB, Streamer, and TSTLP. These companies have adopted key strategies such as product launches and acquisitions to improve their product portfolios and stay competitive.
Increasing lightning strikes is a main driver of the lightning protection technologies market. As the number of strikes continues to rise, more organizations are recognizing the importance of protecting their buildings, power grids, and other infrastructure from the potential damage caused by these strikes. This has led to an increased demand for lightning protection technologies, and the market is expected to continue growing in the coming years as more organizations adopt these systems. Further, adopting lightning protection systems in smart cities and renewable energy projects is another key driver of the lightning protection technologies market. Smart cities use lightning protection technologies to ensure that their power grids, communications networks, and other critical infrastructure remain functional during lightning strikes. These systems also help to protect the smart city's residents and visitors from harm caused by lightning strikes. Similarly, renewable energy projects are also increasingly adopting lightning protection technologies to protect the solar panels, wind turbines, and other equipment that is used to generate clean energy. Additionally, the growing awareness about the dangers of lightning strikes is also driving the lightning protection technologies market. The awareness among individuals and organizations of the potential damage and injuries caused by lightning strikes has led to greater demand for lightning protection technologies. Governments and organizations recognize the importance of lightning protection, and many have implemented regulations mandating the use of these technologies in certain industries, such as aviation, to ensure the safety of people and property.
However, the lack of proper maintenance and monitoring of lightning protection systems can also act as a restraint for the growth of the market. These systems may not function properly if not properly maintained and monitored, which can lead to potential damage caused by lightning strikes and also create a false sense of security. This can result in organizations not getting the full benefits of the lightning protection systems they have invested in and may discourage them from investing in such systems in the future. Hence, proper maintenance and monitoring of these systems is crucial for their effective functioning and the growth of the lightning protection technologies market.
Moreover, the growing adoption of IoT in lightning protection systems creates new market opportunities lightning protection technologies market. IoT-enabled systems can provide real-time data on lightning strikes, allowing organizations to better protect their assets and people by taking proactive measures. For example, this can include shutting down equipment or evacuating buildings before a strike. Companies offering these IoT-enabled systems can benefit from this opportunity by providing more advanced and proactive solutions to their customers.
Recent developments to flourish in the market
In January 2023, scientists successfully demonstrated for the first time that a laser could act as a lightning rod to disperse dangerous atmospheric discharges. A group led by Aurélien Houard, a research engineer at ENSTA Paris, used a high-repetition-rate terawatt laser to divert a lightning strike by over 50 meters during an experiment on the Säntis Mountain in Switzerland. The laser was emitted in picosecond pulses and created filaments of intense light that ionized the nitrogen and oxygen molecules in the air to release electrons, creating a plasma that became an electrical conductor. The team thinks the idea could be developed to protect areas at high risk from storms.
Segmental Overview
By Product Type: The lightning protection technologies market is divided into air terminals and adaptors, conductors, fittings and connectors, grounding equipment, surge protectors, and others. Air terminals and adaptors are pointed metal rods that are installed on the roof of a building, and they are connected to a grounding system that directs the electrical charge from a lightning strike into the ground rather than into the building. Conductors are cables and other electrical components used to conduct electrical charges from lightning strikes to a grounding system, where they can be safely dissipated. Fittings and connectors are the various hardware components used to connect the different parts of a lightning protection system, such as clamps, connectors, and other fittings. Grounding equipment includes a variety of different components that are used to ground a lightning protection system, including earth rods, grounding plates, and other materials. Surge protectors are installed on electrical systems, such as power lines and cables, to protect against power surges caused by lightning strikes. .
By End User: The lightning protection technologies market is divided into buildings and factories, electric power, transportation, oil and gas, and others. Building and factories include the use of lightning protection systems in residential, commercial, and industrial buildings to protect against damage and injury from lightning strikes. Electric power includes using lightning protection systems in the electric power industry to protect power lines, substations, and other electrical equipment from lightning strikes. Transportation includes using lightning protection systems in the transportation industry, such as in airports, ports, ships, and trains. Oil and gas industry include lightning protection systems in their , such as on oil rigs, pipelines, and other equipment.
By Region: The lightning protection technologies market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America has a mature market for lightning protection technologies due to the high frequency of lightning strikes and strict building codes.
Competitive Analysis
This report includes competitive analysis and profiles of major players in the lightning protection technologies market, such as Pentair, Harger, Alltec Corporation, AN Wallis, Fatech Electronic, NexTek, AXIS Electrical Components, K.M.L.Technology, MTL Instruments Group, Lightning Protection International, Kumwell, Lightning Master, BB, Streamer, and TSTLP. These companies have adopted key strategies such as product launches and acquisitions to improve their product portfolios and stay competitive.
Lightning Protection Technologies Market Report Highlights
| Aspects | Details |
 By Product Type |
|
 By End User |
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 By Region |
|
 Key Market Players | AXIS Electrical Components, Fatech Electronic, Harger, AN Wallis, MTL Instruments Group, K.M.L.Technology, NexTek, Alltec Corporation, Lightning Protection International, Pentair |
 | Kumwell, Lightning Master, ABB, Streamer, TSTLP |
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