The Global Market for Lightning Protection Technologies is Projected to Reach US$1 Billion by 2020
High Rise Smart Buildings & Structures in the Electronic Age Drives the Global Lightning Protection Technologies Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Lightning Protection Technologies market. The global market for Lightning Protection Technologies is projected to reach US$1 billion by 2020 , driven by the growing popularity of high-rise architecture and the increased risk of damage to such buildings from direct lightning strikes. Also driving growth is the vulnerability of electronically enhanced buildings to lightning induced voltage surges. Lightning Protection Technologies (LPT) encompass equipment and devices designed to provide protection against the high current and voltage produced by lightning. The extraordinary increase in the number of lightning strikes triggered by extreme weather patterns worldwid...