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The global grounding grid market was valued at US$ 1.9 billion in 2023 and is projected to reach US$ 3.0 billion by 2030, at a CAGR of 6.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Low-Voltage Grounding Grid Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Grounding Grid include Advanced Lightning Technology, AutoStore, elesta, GERPAAS, Harger Lightning and Grounding, National Lightning Protection Corporation, Northtown, thermOweld and Thorne and Derrick, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Grounding grids, also called multipoint grounding systems, are grounding arrays that electrically ground structures. Applications for grounding grids include pipelines, substations, transformers, large motors, computer stations, and high-voltage power lines. They are often used with lighting protection.
We surveyed the Grounding Grid companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Grounding Grid Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Grounding Grid Market Segment Percentages, by Type, 2023 (%)
Global Grounding Grid Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Grounding Grid Market Segment Percentages, by Application, 2023 (%)
Global Grounding Grid Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Grounding Grid Market Segment Percentages, By Region and Country, 2023 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters:
Chapter 1: Introduces the definition of Grounding Grid, market overview.
Chapter 2: Global Grounding Grid market size in revenue.
Chapter 3: Detailed analysis of Grounding Grid company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Grounding Grid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.