PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Demand from Various End-User Industries Spur Lightning Protection Technology Market - New analysis from Frost & Sullivan, World Lightning Protection Technology Market, reveals that market revenue totaled $450.2 million in 2004 and expects to reach $695.5 million in 2011.
Demand from Various End-User Industries Spur Lightning Protection Technology Market

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2005/10/07 - New analysis from Frost & Sullivan, World Lightning Protection Technology Market, reveals that market revenue totaled $450.2 million in 2004 and expects to reach $695.5 million in 2011. .

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

State legislatures mandating the installation of lightning protection technology (LPT) systems in schools, hospitals, and other public buildings have greatly bolstered demand for the product. The telecommunications and wireless sectors can also provide a major thrust to the LPT market, as their control towers and base stations need protection from lightening strikes.

New analysis from Frost & Sullivan (powersupplies.frost.com), World Lightning Protection Technology Market, reveals that market revenue totaled $450.2 million in 2004 and expects to reach $695.5 million in 2011.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the World Lightning Protection Technology Market, then send an e-mail to Trisha Bradley, Corporate Communications, at trisha.bradley[...]frost.com, with the following information: your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail.

“High-tech electronic equipment is extremely sensitive and damaged by voltage fluctuations and lightning strikes,” says Frost & Sullivan Research Analyst Ramya Srinivasan. “Grounding solves this problem and ensures their safety.”

Rapid infrastructure development and greater industrialization develop as market drivers because the increasing number of industries in the world is a positive sign for the LPT market. Greater use of electronic equipment, in both homes and offices, can also hike demand for these devices.

Major LPT and grounding equipment end users such as utilities, water treatment and nuclear power plants, warehouses, seaports, airports, the military, broadcast industry, houses as well as residential complexes, and healthcare will stimulate product demand significantly. Commercial sectors including offices, stadiums, and golf courses are other likely sources of revenue.

Despite such bright prospects, the LPT market is restrained by confusion and misinterpretation among customers on protection products. Every country has different standards and regulations and such disorder can waste time, money, and other resources.

In the U.S. market, participants have to compulsorily meet National Fire Protection Association (NFPA) Standard 780 and the Underwriter's Laboratories (UL) 96A standard. The European International Electrotechnical Commission (IEC) 1024 is 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 global industry standards.

Apart from the issue of agreeing upon standards, market participants need to expose potential customers to new technology. This concern is especially relevant for smaller companies that are apprehensive about investing in novel systems due to their lack of adequate infrastructure and resources.

“Manufacturers can overcome this challenge by conducting extensive customer surveys and canvassing to give the products maximum publicity,” notes Srinivasan. “Literature and brochures about product benefits and features is also beneficial for this purpose.”

World Lightning Protection Technology Market is part of the 9210 subscription and segments the market into grounding and lightning protection equipment. It discusses market drivers and restraints as well as industry challenges and offers strategies to overcome these challenges. It also enables companies to align their positioning strategies to benefit from the changing market and obtain maximum return on investment. Analyst interviews and executive summaries are available to the press.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

World Lightning Protection Technology Market
F294

Keywords in this release: lightning protection technology, LPT, National Fire Protection Association, Standard 780, NFPA, Underwriter's Laboratories 96A, UL, International Electrotechnical Commission, 1024, IEC, grounding, lightning protection equipment, research, information, market, trends, technology, service, forecast, market share

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Electronics/Instrumentation/RFID articles,
CATCH Visitors via Your Competitors Announcements!


Demand from Various End-User Industries Spur Lightning Protection Technology Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Tori Foster 
210.247.3870 trisha.bradley[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Electronics/Instrumentation/RFID via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Electronics/Instrumentation/RFID Most Recent Related Newswires:

Malvern Instruments and PANalytical to Merge
Bruker Announces Corporate Partnership with International Phenome Centre Network (IPCN) for NMR Technologies and SOPs
Predictive and Control Capabilities through IoT Rapidly Expand Global Growth Opportunities for Sensors Finds Frost & Sullivan
IDEX Showcased the World’s First Flexible Touch Fingerprint Sensor for SmartCards and Receives Massive Industry Interest
Endress+Hauser Consult AG Introduces Proline 300/500 - Flow Measuring Technology for the Future
Lipigas Delivers Enhanced Interactive and Visual Mobile Self-Service Portal Using Joint Visual IVR Solution from Dialogic and Telectronic
Customized Electronic Ticket Solutions Simplify Daily Commute in Russian Cities
Bruker AXS Introduces A New Member to The D8 ADVANCE Family - The D8 ADVANCE Plus™
Spellman to Exhibit at the 2016 Radiological Society of North America Meeting in Chicago
Infineon Teams Up with Chinese Appliance Manufacturers for Solutions
Infineon Raises its Through-cycle Target for The Segment Result Margin to 17 Percent
Smartphones and Wearables Market Poised for Growth with Next-Generation Sensors Key Enabler of Innovation
Infineon Complements IMOTION™ Modular Application Design Kit with Two Power Boards
Malvern and PANalytical Announce Merger
Bruker Completes Acquisition of Preclinical PET Imaging Business

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)