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Grounding Bars Market By Product Type (Telecommunications Grounding Bars (TGBs) and Telecommunication Main Ground Bars (TMGB)) – Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Summary
Table Of Content

Industry Outlook

The ever-expanding global telecommunications sector is driving up demand for grounding bars, which had a global market value of US$ 880.5 million in 2016. Further, the market is anticipated to grow at a CAGR of 3.8% from 2017 to 2025. Telecommunications grounding bars play a critical role in ensuring the protection of expensive telecommunication equipment installed in various commercial buildings. Lack of effective bonding and grounding in commercial buildings can result in damage to the telecommunications equipment, further leading to costly downtime. As a result, various governments around the world have made appropriate grounding and bonding within commercial buildings mandatory. One of the most common standards followed across the world is ANSI/TIA-607-B, which encompasses various spaces such as data centers and computer rooms within commercial buildings. Thereby, grounding bars are deployed at numerous establishments such as networked buildings, office parks, banking, and financial institutions, educational facilities, hospitals, data transaction centers, retail stores, restaurants, movie theaters, amusement parks, and other commercial buildings.

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Market Synopsis

Telecommunications Grounding Bars will account for the majority of the market share from 2017 to 2025.

In 2016, the global grounding bar market was dominated by the telecommunications grounding bars (TGBs) segment. The segment accounted for the majority of the global grounding bar market value in the same year. The trend is expected to continue, and the segment is presumed to maintain its dominant position throughout the forecast period from 2017 to 2025. Higher requirements for TGBs as compared to the telecommunication main grounding bars (TMGBs) as per the grounding and bonding architecture have been the primary factor resulting in the higher share of this segment in the overall market. With continued expansion and renovation of telecommunication and commercial facilities across the world, the TGBs segment is expected to witness continued growth in the following years.

Rapidly developing infrastructure in the Asia Pacific to stimulate the region’s grounding bar market.

The Asia Pacific region accounted for the largest share of the overall grounding bar market across the globe in 2016. The region has a large concentration of commercial buildings in numerous countries, including China, India, Australia, Japan, and South Korea, among others. Moreover, factors such as increasing investment in the commercial sector coupled with economic growth in the region are further expected to drive the demand for grounding bars in the Asia Pacific market. North America and Europe followed the Asia-Pacific region in terms of market value in 2016. With the continued development of data centers and other commercial buildings, the markets in the regions are expected to witness steady growth during the forecast period from 2017 to 2025. On account of the limited existing commercial infrastructure in the MEA and Latin America regions, the market value of grounding bars in these regions is lower in the current scenario. However, due to increasing commercial construction activities in these regions, the MEA and Latin America grounding bar markets are set to grow at a considerable CAGR throughout the forecast period from 2017 to 2025.

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A fragmented market offers several roadblocks for grounding bar manufacturers to grow.

Telecommunication grounding bars are simple to manufacture and do not require any special manufacturing processes or machinery. Owing to this factor, the telecommunication grounding bars market is highly fragmented, with several small, medium, and established companies contributing to the market. The market offers a highly competitive environment, with companies striving to claim their share of the market by adopting several business strategies. The majority of grounding bar manufacturers emphasize enhancing their product availability through strategic alliances with distribution partners. The entry barriers for new entrants are low due to the simplicity of the product; however, these new entrants have to put in additional hard work in order to survive the cut-throat competition. The majority of manufacturers are focusing on developing countries in Asia, the Middle East, Africa, and Latin America. Growing infrastructure is providing tremendous opportunities for grounding bar companies to grow and establish their businesses. In addition, companies use strategies such as acquisitions, strategic alliances, and brand promotions to maintain their market position.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global GB Market
2.2 Global GB Market, By Product Type
2.3 Global GB Market, By Geography

Chapter 3 Market Dynamics
3.1 Product and Market Insights
3.1.1 Global GB Market Value and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Revival of the Commercial Construction Industry Post Economic Recession
3.2.1.2 Increasing Network Data Usage
3.2.2 Market Challenges
3.2.2.1 Volatile Raw Material Prices
3.2.3 Impact Analysis of Drivers and Challenges
3.3 Key Trend Analysis
3.4 Attractive Investment Proposition
3.5 Competitive Landscape
3.5.1 Market Positioning of Key Telecommunication Grounding Bar Vendors
3.6 Major Strategies Adopted by the Leading Market Players
3.6.1 Acquisitions
3.6.2 Strategic Alliances
3.6.3 Brand Promotion

Chapter 4 Global Grounding Bars (GB) Market, By Type
4.1 Comparative Analysis
4.2 Telecom GB
4.2.1 Global Telecom GB Market Value, 2015 – 2025, (US$ Mn)
4.3 Telecom Main GB
4.3.1 Global Telecom Main GB Market Value, 2015 – 2025, (US$ Mn)

Chapter 5 North America Grounding Bars (GB) Market
5.1 Overview
5.2 North America GB Market Value, By Type
5.2.1 North America GB Market, By Type, 2016 & 2025 (%)
5.2.2 Telecom GB
5.2.3 Telecom Main GB
5.3 North America GB Market Value, By Country
5.3.1 North America GB Market, By Country, 2016 & 2025 (%)
5.3.2 U.S.
5.3.3 Canada

Chapter 6 Europe Grounding Bars (GB) Market
6.1 Overview
6.2 Europe GB Market Value, By Type
6.2.1 Europe GB Market Value, By Type, 2016 & 2025 (%)
6.2.2 Telecom GB
6.2.3 Telecom Main GB
6.3 Europe GB Market Value, By Country/Region
6.3.1 Europe GB Market Value, By Country/Region, 2016 & 2025 (%)
6.3.2 U.K.
6.3.3 Germany
6.3.4 France
6.3.5 Rest of Europe

Chapter 7 Asia Pacific Grounding Bars (GB) Market
7.1 Overview
7.2 Asia Pacific GB Market Value, By Type
7.2.1 Asia Pacific GB Market Value, By Type, 2016 & 2025 (% Value)
7.2.2 Telecom GB
7.2.3 Telecom Main GB
7.3 Asia Pacific GB Market Value, By Country/Region
7.3.1 Asia Pacific GB Market Value, By Country/Region, 2016 & 2025 (%)
7.3.2 Japan
7.3.3 China
7.3.4 South Asia
7.3.5 Rest of APAC

Chapter 8 Rest of the World (RoW) Grounding Bars (GB) Market
8.1 Overview
8.2 RoW GB Market Value, By Type
8.2.1 RoW GB Market Value, By Type, 2016 & 2025 (%)
8.2.2 Telecom GB
8.2.3 Telecom Main GB
8.3 RoW GB Market Value, By Country/Region
8.3.1 RoW GB Market Value, By Country/Region, 2016 & 2025 (%)
8.3.2 MEA
8.3.3 Latin America

Chapter 9 Company Profiles
9.1 Erico International Corporation
9.1.1 Erico International Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
9.2 Storm Power Components
9.2.1 Storm Power Components: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
9.3 Photon Communications & Electrical Supply, Co.
9.3.1 Photon Communications & Electrical Supply, Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
9.4 Chatsworth Products, Inc.
9.4.1 Chatsworth Products, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
9.5 HDG Telecom Equipments Co., Ltd.
9.5.1 HDG Telecom Equipments Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
9.6 Panduit Corp.
9.6.1 Panduit Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
9.7 Metal Gems
9.7.1 Metal Gems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
9.8 Harger Lightning & Grounding
9.8.1 Harger Lightning & Grounding: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
9.9 Eaton Corporation Plc
9.9.1 Eaton Corporation Plc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
9.10 EMS Industrial & Service Company
9.10.1 EMS Industrial & Service Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

List of Figures

FIG. 1 Global Grounding Bars (GB) Market: Market Segmentation
FIG. 2 Global GB Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global GB Market, By Product Type, 2016 (US$ Mn)
FIG. 5 Global GB Market, By Geography, 2016 (US$ Mn)
FIG. 6 Global GB Market Value and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 7 Overseas Investment in the U.S. Commercial Real Estate, 2003 – 2015
FIG. 8 Direct Commercial Real Estate Investment from 2008 to 3Q2017
FIG. 9 Fluctuating Copper Prices, 2013 – 2017 (US$/lb)
FIG. 10 Attractive Investment Proposition
FIG. 11 Market Positioning of Key Telecommunication Grounding Bar Vendors, 2016
FIG. 12 Global GB Market Value Share, By Type, 2016 & 2025 (%)
FIG. 13 Global Telecom GB Market Value, 2015 – 2025, (US$ Mn)
FIG. 14 Global Telecom Main GB Market Value, 2015 – 2025, (US$ Mn)
FIG. 15 North America GB Market, By Type, 2016 & 2025 (%)
FIG. 16 North America Telecom GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 17 North America Telecom Main GB Market Value, by 2015 – 2025 (US$ Mn)
FIG. 18 North America GB Market, By Country/Region, 2016 & 2025 (%)
FIG. 19 U.S. GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 20 Canada GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 21 Europe GB Market Value, By Type, 2016 & 2025 (%)
FIG. 22 Europe Telecom GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 23 Europe Telecom Main GB Market Value, by 2015 – 2025 (US$ Mn)
FIG. 24 Europe GB Market Value, By Country/Region, 2016 & 2025 (%)
FIG. 25 U.K. GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 26 Germany GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 27 France GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 28 Rest of Europe GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 29 Asia Pacific GB Market Value, By Type, 2016 & 2025 (% Value)
FIG. 30 Asia Pacific Telecom GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 31 Asia Pacific Telecom Main GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 32 Asia Pacific GB Market Value, By Country/Region, 2016 & 2025 (%)
FIG. 33 Japan GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 34 China GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 35 South Asia GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 36 Rest of APAC GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 37 RoW GB Market Value, By Type, 2016 & 2025 (%)
FIG. 38 RoW Telecom GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 39 RoW Telecom Main GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 40 RoW GB Market Value, By Country/Region, 2016 & 2025 (%)
FIG. 41 MEA GB Market Value, 2015 – 2025 (US$ Mn)
FIG. 42 Latin America GB Market Value, 2015 – 2025 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Grounding Bars (GB) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Challenges
TABLE 4 Erico International Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 5 Storm Power Components: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 6 Photon Communications & Electrical Supply, Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 7 Chatsworth Products, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 8 HDG Telecom Equipments Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 9 Panduit Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 10 Metal Gems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 11 Harger Lightning & Grounding: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 12 Eaton Corporation Plc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 13 EMS Industrial & Service Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

Frequently Asked Questions:

What is the size of Grounding Bars Market?

The market for Grounding Bars Market is expected to reach US$ 880.5 Mn by 2025.

What is the Grounding Bars Market CAGR?

The Grounding Bars Market is expected to see significant CAGR growth over the coming years, at 3.8%.

What is the Forecast period considered for Grounding Bars Market?

The report is forecasted from 2017-2025.

What is the base year considered for Grounding Bars Market?

The base year of this report is 2016.

Who are the major players in this market?

Erico International Corporation, Storm Power Components, Photon Communications & Electrical Supply, Co., Chatsworth Products, Inc. are some of the major players in the global market.

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