Grounding Bars market: Global Market Size, Industry Share, Trends and Forecast 2026

The Grounding Bars market wealth was US$ 880.5 Mn in 2017, and will reach US$ XX Mn 2026, with a CAGR of 3.8% during 2018-2026. Based on the Grounding Bars industrial chain, this report mainly refines the definition, types, applications and major players of Grounding Bars market in details. Wide analysis about market status (2018-2026), advantages and disadvantages of enterprise Products, regional industrial layout characteristics and macroeconomic policies, enterprise competition pattern, industry development trends (2018-2026), industrial policy has also be included. From raw materials to downstream buyers of this industry will be explained accurately, the feature of product circulation and sales channel will be shown as well. In a word, this report will help you to establish a panorama of industrial development and characteristics of the Grounding Bars market.

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Market Insights:

The telecommunication grounding bars market was valued at US$ 880.5 Mn in 2016 and expected to reach US$ 1,231.5 Mn in 2025, growing at a compounded annual growth rate (CAGR) of 3.8% from 2017 to 2025. Telecommunication grounding bars is a key component used in the overall telecommunication grounding systems across the world. The TGBs centrally connect various telecommunication systems and equipment stored in telecommunication cabinets within the telecommunication rooms. As per the American National Standard TIA-607-B created by the Telecommunications Industry Association, various metallic components such as enclosures, racks, surge protectors, ladders, routers, switches, cable trays and patch panels, among others require suitable telecommunications grounding. Owing to the regulating framework and mandates the demand for grounding bars is expected to grow continuously throughout the forecast period.

A considerable investment in commercial sector coupled with economic development is prominent factors in developing countries of Asia Pacific. Rapidly developing infrastructure in developing countries and flourishing telecommunication sectors provided bright opportunities for grounding bar market to prosper. Furthermore, ever-increasing commercial construction sector coupled with rising demand for high-speed Ethernet for various business purposes, there has been a growing demand for telecommunications grounding systems across the world. However, volatile prices of copper offer a major restraint to the grounding bars market. Manufacturers find it difficult to maintain their profit margins with continuously fluctuating raw material prices. The challenge is expected to retain its impact throughout the forecast period from 2018 to 2026.

Major Players in Heading Indicators market are:

  • Erico International Corporation
  • Storm Power Components
  • Photon Communications & Electrical Supply, Co.
  • Chatsworth Products, Inc.
  • HDG Telecom Equipments Co., Ltd.
  • Panduit Corp.

Regions play vital role in Heading Indicators market are:

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Rest of Middle East & Africa

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