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″.
The growth in the construction industry in APAC is one of the primary growth factors for this market. Grounding bars and rods are the safety equipment that are necessary in the construction industry to protect the equipment and personnel from damage. Improvements in living standards has resulted in an increase in the demand for construction industry. The increase in constructions in the residential, commercial, and industrial sectors will increase the demand for grounding bars and rods. Innovations in building design and the increased focus on energy efficient solutions for buildings have increased the opportunities for vendors to strengthen their presence in the grounding bars and rods market.
APAC will be the major revenue contributor to the market by 2021. The growth of the construction industry in this region is influenced by the increasing number of government initiatives. Additionally, the growth in the number of manufacturing facilities across various countries in this region will also augment the market’s growth prospects in APAC.
In 2019, the market size of Grounding Bars and Rods is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Grounding Bars and Rods.
This report studies the global market size of Grounding Bars and Rods, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Grounding Bars and Rods production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
A.N. Wallis
Galvan Industries
Nehring Electrical Works
ABB
Alfredkim Systems & Solutions
Amiable Impex
DEHN + SÖHNE
Eaton
Market Segment by Product Type
Copper
Galvanized Steel
Market Segment by Application
Construction Industry
Manufacturing Industry
Power Industry
Telecom and Data Center Industry
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Grounding Bars and Rods status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Grounding Bars and Rods manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Grounding Bars and Rods are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Grounding Bars and Rods . Industry analysis & Market Report on Grounding Bars and Rods is a syndicated market report, published as Global (United States, European Union and China) Grounding Bars and Rods Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Grounding Bars and Rods market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.