Industry Outlook
Continuously growing telecommunication sector worldwide is encouraging the demand for grounding bars market and registered global market value of US$ 880.5 Mn in 2016. Further, the market is anticipated to grow with a CAGR of 3.8% from 2017 to 2025. Telecommunications grounding bars play a critical role in ensuring 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 telecommunication equipment further leading to costly downtime. Thereby, various governments across the world have made it mandatory for commercial buildings to ensure appropriate grounding and bonding within the facility. One of the most common standards followed across the world is the ANSI/TIA-607-B which encompasses various spaces such as data centers and computer rooms within the 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.
Market Synopsis
Telecommunications Grounding Bars to hold the majority of market share throughout the forecast period from 2017 to 2025
In 2016, the global grounding bars market was dominated by the telecommunications grounding bars (TGBs) segment. The segment accounted for around majority of share of the global grounding bars 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 has 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 Asia Pacific to stimulate grounding bars market in the region
Asia Pacific region attributed to the largest share in the overall grounding bars market across the globe in 2016. The region has 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 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 limited existing commercial infrastructure in the MEA and Latin America regions, grounding bars market value in these regions is less in the current scenario. However, due to increasing commercial construction activities in these regions, MEA and Latin America grounding bars markets are set to grow at considerable CAGR throughout the forecast period from 2017 to 2025.
By Product Type (2016–2026; US$ Mn)
Geography Segment (2016–2026; US$ Mn)
Fragmented market offers several roadblocks for grounding bar manufacturers to grow
Telecommunication grounding bars are simple to manufacture and does not require any special manufacturing processes or machinery. Owing to this factor telecommunication grounding bars market is highly fragmented with several small, medium and established companies contributing to the market. The market offers a highly competitive market with companies striving to claim their part of market share by adopting several business strategies. Majority of grounding bars manufacturers emphasize on enhancing their product availability by strategic alliance with distribution partners. The entry barriers for new entrants are low due to simplicity of product, however, these new entrants have to put additional hard work in order to survive cut-throat competition. Majority of manufacturers are focusing on developing countries of Asia Pacific, Middle East & Africa and Latin America. Growing infrastructure is providing tremendous opportunities for the grounding bars companies to grown and establish their business. Besides, strategies such as acquisitions, strategic alliances, and brand promotions are also extensively used by the companies to maintain their market position.
Key questions answered in this report
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 Grounding Bars Market
2.2 Global Grounding Bars Market, By Product Type
2.3 Global Grounding Bars Market, By Geography
Chapter 3 Market Dynamics
3.1 Product and Market Insights
3.1.1 Global Grounding Bars 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 Market, By Type
4.1 Comparative Analysis
4.2 Telecom Grounding Bars
4.2.1 Global Telecom Grounding Bars Market Value, 2015 – 2025, (US$ Mn)
4.3 Telecom Main Grounding Bars
4.3.1 Global Telecom Main Grounding Bars Market Value, 2015 – 2025, (US$ Mn)
Chapter 5 North America Grounding Bars Market
5.1 Overview
5.2 North America Grounding Bars Market Value, By Type
5.2.1 North America Grounding Bars Market, By Type, 2016 & 2025 (%)
5.2.2 Telecom Grounding Bars
5.2.3 Telecom Main Grounding Bars
5.3 North America Grounding Bars Market Value, By Country
5.3.1 North America Grounding Bars Market, By Country, 2016 & 2025 (%)
5.3.2 U.S.
5.3.3 Canada
Chapter 6 Europe Grounding Bars Market
6.1 Overview
6.2 Europe Grounding Bars Market Value, By Type
6.2.1 Europe Grounding Bars Market Value, By Type, 2016 & 2025 (%)
6.2.2 Telecom Grounding Bars
6.2.3 Telecom Main Grounding Bars
6.3 Europe Grounding Bars Market Value, By Country/Region
6.3.1 Europe Grounding Bars 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 Market
7.1 Overview
7.2 Asia Pacific Grounding Bars Market Value, By Type
7.2.1 Asia Pacific Grounding Bars Market Value, By Type, 2016 & 2025 (% Value)
7.2.2 Telecom Grounding Bars
7.2.3 Telecom Main Grounding Bars
7.3 Asia Pacific Grounding Bars Market Value, By Country/Region
7.3.1 Asia Pacific Grounding Bars 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 Market
8.1 Overview
8.2 RoW Grounding Bars Market Value, By Type
8.2.1 RoW Grounding Bars Market Value, By Type, 2016 & 2025 (%)
8.2.2 Telecom Grounding Bars
8.2.3 Telecom Main Grounding Bars
8.3 RoW Grounding Bars Market Value, By Country/Region
8.3.1 RoW Grounding Bars 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)
FIG. 1 Global Grounding Bars Market: Market Segmentation
FIG. 2 Global Grounding Bars Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Grounding Bars Market, By Product Type, 2016 (US$ Mn)
FIG. 5 Global Grounding Bars Market, By Geography, 2016 (US$ Mn)
FIG. 6 Global Grounding Bars 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$/lb)
FIG. 10 Attractive Investment Proposition
FIG. 11 Market Positioning of Key Telecommunication Grounding Bar Vendors, 2016
FIG. 12 Global Grounding Bars Market Value Share, By Type, 2016 & 2025 (%)
FIG. 13 Global Telecom Grounding Bars Market Value, 2015 – 2025, (US$ Mn)
FIG. 14 Global Telecom Main Grounding Bars Market Value, 2015 – 2025, (US$ Mn)
FIG. 15 North America Grounding Bars Market, By Type, 2016 & 2025 (%)
FIG. 16 North America Telecom Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 17 North America Telecom Main Grounding Bars Market Value, by 2015 – 2025 (US$ Mn)
FIG. 18 North America Grounding Bars Market, By Country/Region, 2016 & 2025 (%)
FIG. 19 U.S. Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 20 Canada Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 21 Europe Grounding Bars Market Value, By Type, 2016 & 2025 (%)
FIG. 22 Europe Telecom Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 23 Europe Telecom Main Grounding Bars Market Value, by 2015 – 2025 (US$ Mn)
FIG. 24 Europe Grounding Bars Market Value, By Country/Region, 2016 & 2025 (%)
FIG. 25 U.K. Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 26 Germany Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 27 France Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 28 Rest of Europe Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 29 Asia Pacific Grounding Bars Market Value, By Type, 2016 & 2025 (% Value)
FIG. 30 Asia Pacific Telecom Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 31 Asia Pacific Telecom Main Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 32 Asia Pacific Grounding Bars Market Value, By Country/Region, 2016 & 2025 (%)
FIG. 33 Japan Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 34 China Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 35 South Asia Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 36 Rest of APAC Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 37 RoW Grounding Bars Market Value, By Type, 2016 & 2025 (%)
FIG. 38 RoW Telecom Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 39 RoW Telecom Main Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 40 RoW Grounding Bars Market Value, By Country/Region, 2016 & 2025 (%)
FIG. 41 MEA Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
FIG. 42 Latin America Grounding Bars Market Value, 2015 – 2025 (US$ Mn)
TABLE 1 Market Snapshot: Global Grounding Bars 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)
