Lightning Protection Products Market Size, Share, and Trends 2025 to 2034

Lightning Protection Products Market Size and Forecast 2025 to 2034

The global lightning protection products market size was estimated at USD 5.33 billion in 2024 and is anticipated to reach around USD 9.35 billion by 2034, expanding at a CAGR of 5.78% from 2025 to 2034. Global rise in lighting strikes and increasing safety awareness which help the growth of the lightning protection products market.

Lightning Protection Products Market Key Takeaways

• Asia Pacific dominated the lightning protection products market with the largest market share of 37% in 2024.
• North America is projected to grow at a significant CAGR during the forecast period.

How is AI changing Lightning Protection Products?

Artificial intelligence (AI) based systems can enhance the detection, monitoring, and predictive maintenance of lightening protection infrastructure. The benefits of AI in LED lights energy efficiency, improved security features, and customizable lighting solutions. AI-based analytics allows predictive maintenance and improve diagnostic capabilities. AI helps in fault detection and diagnosis which help the growth of the lighting protection, products which help the growth of the lightning protection products market.

Asia Pacific Lightning Protection Products Market Size and Growth 2025 to 2034

The Asia Pacific lightning protection products market size was evaluated at USD 2.02 billion in 2024 and is predicted to be worth around USD 3.51 billion by 2034, rising at a CAGR of 5.80% from 2025 to 2034. 

Asia Pacific dominated the lightning protection products market with the largest market share of 37% in 2024 and is expected to continue to grow significantly throughout the forecast period due to increased investments in upgrading infrastructure and population urbanization, particularly in developing nations such as China and India. In Asia Pacific region, China dominates the Lightning Protection Products Market due to its rapid growth in infrastructural development.

Also likely to boost market expansion in this area is a spike in investments in smart grid technologies and smart cities, which include smart meters, distribution grid automation, and demand response systems, in countries such as India, South Korea, Japan, and Australia.

North America is predicted to witness significant growth in the market over the forecast period. The rising frequency of intense storms and other weather events due to climate change is creating significant demand in the region for lightning protection products. Updated building code regulations and insurance requirements are also leading to the installation of these protection products.

Lightning Protection Products Market Growth Factors

• The rapid surge in infrastructural development across the globe is a major factor that is driving the market growth. These developments include buildings, hotels, airports and chimneys.
• The telecom industry is the major end user of lightning protection products as the towers installed are having high vulnerability to lightning and hence needs the installation of lightning protection equipment’s. Therefore, the growth in telecom industry is estimated to fuel the growth of the lightning protection products market.
• Electronic gadgets and electrical installations are transforming into incremental opportunities for businesses in the lightning protection products market as technology improves. Branch conductors, which connect metal items to the grounding system and provide protection against side flashes, are an example of bonding component innovation.Some of the broadening revenue streams for lightning protection components includes Tunnels, refineries, hospitals, and commercial towers.

Market Scope

Product Type Insights

Based on the Product Type, the Lightning Protection Products Market is divided into Air Terminals and Adaptors, Conductors, Fittings and Connectors, Grounding Equipment, Surge Protectors and Others. The Air Terminals and Adaptors product type segment leads the market in 2020 and is estimated to grow significantly during the forecast period. It's because they're typically employed to defend small structures or zones like pylons, chimneys, tanks, water towers, and aerial masts. The majority of lightning current is carried and dissipated through conductors and earthling systems located closest to the lightning strike’s impact location. This factor drives the growth of the Lightning Protection Products Market. For instance, On 3rd August 2021, Alltec Corporation announced that it has obtained the contract to inspect, design and provide products for installation at all SC AWOS sites. Alltec will be responsible for the Protection of airport AWOS systems from lightning-related damage.

End-Use Insights

Based on the End-Use, the Lightning Protection Products Market is divided into Building and Factories, Electric Power, Transportation, Oil and Gas and Others. The Building and Factories end use application segment leads the Lightning Protection Products Market in 2020 and is expected to grow significantly during the forecast period owing to the rise of urbanization and industrialization that has facilitated the construction activities of factories and households.

For instance, On 23rd September 2021, HARGER Inc. has announced the release of two new surge safety device series for downstream equipment fed by AC power system panels. Both series include a low let-through voltage of 100KA Imax(minimum) and are UL 1449 4th edition listed. These items have a 20kA I-nominal rating, making them appropriate for lightning protection systems according to NFPA 780 and UL96A.

Lightning Protection Products Market Companies

• Pentair
• Harger
• Alltec Corporation
• AN Wallis
• Fatech Electronic
• NexTek
• AXIS Electrical Components
• K.M.L.Technology,
• MTL Instruments Group,
• Lightning Protection International
• Kumwell, Lightning Master
• ABB
• Streamer
• TSTLP
• Independent Protection
• Jishnu Control Systems
• Fatech Electronic
• Raycap

Recent Developments

• In June 2024, a new surge protection product to safeguard electronics and appliances was launched by Belkin.
• In March 2024, a new protection program from Likewise to offer customer added protection for valuable tech investments was launched by Newegg Commerce, Inc. a global e-commerce leader for technology products.

Latest announcement by industry leaders

• In April 2024, a latest Honeywell surge protectors was introduced by a Secure Connection, a global manufacturer based in Hong Kong.

Segments Covered in the Report

By Product Type

• Air Terminals and Adaptors
• Conductors
• Fittings and Connectors
• Grounding Equipment
• Surge Protectors
• Others

By End Use

• Building and Factories
• Electric Power
• Transportation
• Oil and Gas
• Others

By Geography

• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• Germany
• France
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific 

• LAMEA
• Latin America
• Middle East
• Africa