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[220 Pages Report] The global lightning arrester market is expected to reach US$ 782.1 Million in 2022, at a CAGR of 6.5% to reach a valuation of US$ 1,466.7 Million by 2032. Lightning arresters are a necessary safety precaution for any building. Increased focus on electrical equipment safety in homes as well as other applications like infrastructure, power plants, etc., will boost the global lightning arrester market between 2022 and 2032.
Regionally, North America is prone to frequent lightning strikes, which has been a leading cause of increased electrical equipment damage in the region. Hence, the North American lightning arrester market is anticipated to grow at a CAGR of 5.8% through the forecast period.
Report Attributes | Details |
---|---|
Global Lightning Arrester Market Size (2021A) | US$ 743.0 Million |
Estimated Market Size (2022E) | US$ 782.1 Million |
Projected Market Value (2032F) | US$ 1,466.7 Million |
Value CAGR (2022 to 2032) | 6.5% |
Collective Value Share: Top 3 Countries (2022) | 34.1% |
Stringent safety regulations and the ever-growing power consumption of high-rise buildings have led to a surge in demand for lightning arresters. A lightning arrester is a device that is installed on the electrical system of a building to protect it from damage caused by lightning. The arrestor dissipates the energy of the lightning strike, preventing it from entering the building and causing a fire or electrical shock.
The use of lightning arresters is becoming increasingly common, as safety regulations become more stringent and power consumption continues to grow. Many high-rise buildings are now installing them as a standard part of their electrical system. This has led to a sharp increase in demand for lightning arresters, which is expected to continue in the future.
According to Future Market Insights, the lightning arrester market contributed around 34-38% of sales in the global arrester Market.
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From 2017 to 2021, the market for lightning arresters increased at a 4.7% CAGR and is estimated to foresee a Y-O-Y growth of 5.3% in 2022, opines FMI.
During the historic period (2017 to 2021), the lightning arrester market witnessed moderate growth. However, increased focus on electric equipment protection from voltage fluctuation has provided a significant boost to the lightning arrester market since 2022.
In recent years, lightning arresters have seen many changes and advances in design. One of the most prominent changes has been the inclusion of EMI shielding fabric. This fabric helps to protect surrounding equipment from the harmful effects of electromagnetic interference.
Frequency correction capabilities have been added to many arresters to ensure that they are effective at suppressing a variety of electrical disturbances. Low maintenance and easy installation are also important features of modern lightning arresters. Additionally, several new designs are featuring high service life, making them a reliable choice for long-term protection.
Lightning arresters are essentially surge protectors that are designed to protect electronic equipment from damage caused by power surges and spikes. They work by dissipating the energy that is released when a lightning strike hits a structure, preventing it from traveling along with electrical wiring and potentially causing damage or fires.
Demand for lightning arresters is rising as coastal communities and businesses are increasingly looking for ways to protect their infrastructure from the threat of a potential lightning strike. According to a study from the National Lightning Safety Institute, there has been a significant increase in lightning-related incidents over the past decade, with more than $2 billion in property damage reported each year.
While traditional lightning rods remain the most common form of protection, lightning arresters are becoming increasingly popular as they can provide protection for a wider area at a fraction of the cost.
Further, most countries have been plagued by power outages and poor resilience as a result of outdated transmission and distribution equipment. Therefore, as part of their continuing grid modernization efforts, several countries have planned to construct smart grid technology.
Lightning arresters are key parts of the transmission and distribution infrastructure. They protect the system's insulation and conductors from the damaging effects of lightning. Increasing demand for lightning arresters from coastal regions coupled with a growing focus on grid modernization is set to create a lucrative opportunity for the global lightning arrester market in the forecast period.
With the advancements of new technologies are being invented to increase the safety of electric equipment such as CVM (collection volume method). CVM is an alternative to conventional lightning protection systems such as lightning arresters.
This technology is used to determine where air terminals should be installed to protect structures from lightning rather than using a lightning arrester. Each air terminal is given an attractive radius, which is determined by the height, radius of curvature, location on the structure, structure dimensions, and a variety of site, atmospheric, and lightning-related elements.
Similarly, any element on the building structure that can also capture a lightning strike, such as building edges, corners, parapets, flagpoles, elevator motor rooms, and so on, are given an attractive radius.
Another challenge for lightning arrester market participants is the high initial cost. New and alternative technologies are estimated to have a medium-to-high impact on the global lightning arrester market in the forecast period.
Development in the USA Infrastructure to Push the Need for Lightning Arresters
As per FMI, the USA will account for around 78.1% of the North American lightning arrester market in 2022.
Growing electricity demand and electric infrastructure up-gradation are set to create significant opportunities for lightning arresters. The market is estimated to create an absolute dollar opportunity worth US$ 125.2 Million by the end of the forecast period.
The USA is a lightning-prone region, with lightning strikes alone causing more than 43 fatalities each year. Increased urbanization and modernization have resulted in an increased number of high-rise buildings in the country. These buildings require proper lightning protection systems for the safety of their electrical infrastructure, which in turn increases the sales of lightning arresters in the region.
Expansion of Residential and Industrial Sector to Steer the China Lightning Arrester Market
China is expected to grow at a CAGR of 13.4% and account for more than 68% of the market share by 2022 in the East Asia market.
China has the world’s second-largest economy and a rapidly rising industrial and residential sector, which is increasing the electricity demand. In 2020, China announced it would invest US$ 900 Billion in power grids alone by 2025.
Increasing Mortality Rates Due to Lightning Strikes to Push the Demand for Lightning Arresters
According to FMI, India is predicted to witness the fastest growth in the lightning arrester market at a CAGR of 7.9% throughout the forecast period.
India is estimated to witness significant FDI (Foreign Direct Investment) in the forecast period. This investment will primarily be targeted at the industrial, infrastructure, and power sectors of the country, which will create opportunities for the lightning arrester market in the country.
Growing mortality rates from lightning strikes are another factor that is driving the lightning arrester market. According to data released by the Indian government, 1697 people were killed between March last year and April this year.
According to the National Disaster Management Authority, thunderstorms accompanied by lightning strikes are the single-largest killer of natural disasters in India.
However, the government has already rolled out regulations relating to the use of lightning arresters in high-rise buildings and other constructions over 15 meters in height, but due to ignorance and lack of strictness, lightning arresters are not used in these areas, causing severe fatalities to human life as well as assets
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Burgeoning Need for Energy to Spur the Sales of Lightning Arresters in the Power Industry
By end-use, the power industry will dominate the market through the forecast period. The power industry is estimated to account for more than 23% of the market on a value basis by 2032.
Growing energy needs, particularly in developing countries, have resulted in upgrading and increasing their electricity system capacity. Further, trends like urbanization and smart cities are also propelling energy demand, owing to which the power sector has witnessed significant growth in the global lightning arrester market.
Metal Oxide Varistor Lightning Arrester to be the Most Preferred
According to research, the metal oxide varistor lightning arrester will remain the most popular sales channel. The segment is anticipated to remain dominant throughout the forecast period.
The metal oxide varistor (MOV) lightning arrester is set to grow at a CAGR of 7.2% and is estimated to create an absolute dollar opportunity worth US$ 201.3 Million.
The MOV arrester is one of the most extensively utilized arresters for modern power system protection. They don't have any gaps in them. This gap-less design prevents excessive heat from being generated during the arrester's functioning.
They provide the highest performance because the surge voltage conduction occurs at a precise voltage level and starts and stops fast. As a result, the arrester's failure rate is reduced, and the system's dependability and protection are improved.
Key manufacturers are investing significantly in new designs based on composite structures of fiber and wire hybrids with multiple fiber systems. This arrester is more reliable, more durable in coastal areas, and can handle greater surges than conventional spark gap designs.
Leading manufacturers are also providing turnkey solutions from consultancy, after-sales service and maintenance, and installation of lightning arresters. These value-added services increase manufacturers' USP and help them increase their penetration in the lightning arrester market
Attribute | Details |
---|---|
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | US$ Million for Value |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa |
Key Countries Covered | USA, Canada, Mexico, Brazil, Germany, France, Italy, Spain, UK, NORDICS Russia, China, Japan, South Korea, India, ASEAN, Australia & New Zealand, GCC, Turkey, South Africa, and Northern Africa. |
Key Market Segments Covered | By Rating, By Product Type, By End Use, and By Region |
Key Companies Profiled |
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Report Coverage | Market Forecast, brand share analysis, competition intelligence, DROT Drivers, Restraints, Opportunities and Threats analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
The worldwide lightning arrester market is currently valued at US$ 782.1 Million in 2022.
Sales of lightning arresters are slated to surge at a CAGR of around 5.8% from 2022 to 2032.
The USA, Germany, China, Japan, India, France, UK, are lucrative markets for the lightning arrester market, with Europe projected to hold the highest market share of more than 26% by 2032.
Tier-1 firms such Eaton, ABB, Hubbell, GE Grid and Schneider Electric SE accounted for around 47% of worldwide revenue in 2021.
The market for lightning arrester in China is expected to surge at 7.2% CAGR through 2032.
1. Executive Summary | Lightning Arrester Market 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product Innovation & Diversification 4.3. Marketing and Brand Management 4.4. Supply Chain Management 5. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032 5.1. Historical Market Volume (Units) Analysis, 2017 to 2021 5.2. Current and Future Market Volume (Units) Projections, 2022 to 2032 5.3. Y-o-Y Growth Trend Analysis 6. Global Market - Pricing Analysis 6.1. Regional Pricing Analysis 6.2. Pricing Analysis by Regions 7. Global Market Demand (in Value or Size in US$ Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032 7.1. Historical Market Value (US$ Million) Analysis, 2017 to 2021 7.2. Current and Future Market Value (US$ Million) Projections, 2022 to 2032 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.2. Forecast Factors - Relevance & Impact 8.3. Supply-Demand Analysis 8.4. Value Chain 8.5. Market Dynamics 8.6. Impact of COVID-19 Crisis 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Rating Type 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Million) and Volume Analysis By Rating, 2017 to 2021 9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Rating, 2022 to 2032 9.3.1. Below 35 Kv 9.3.2. 35-110 Kv 9.3.3. Above 110kV 9.4. Market Attractiveness Analyses, By Rating 10. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Million) and Volume Analysis By Product Type, 2017 to 2021 10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Product Type, 2022 to 2032 10.3.1. Rod Gap 10.3.2. Horn Gap 10.3.3. Multi Gap 10.3.4. Expulsion Type 10.3.5. Valve Type 10.3.6. Metal Oxide Varistor 10.3.7. Others 10.4. Market Attractiveness Analysis By Product Type 11. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Million) and Volume Analysis By End Use, 2017 to 2021 11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By End Use, 2022 to 2032 11.3.1. Infrastructure 11.3.2. Power Industry 11.3.3. Industrial 11.3.4. Municipal 11.3.5. Residential 11.4. Market Attractiveness Analysis By End Use 12. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2017 to 2021 12.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2022 to 2032 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia & Pacific 12.3.6. Middle East & Africa 12.4. Market Attractiveness Analysis By Region 13. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 13.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 13.4.1. By Rating 13.4.2. By Product Type 13.4.3. By End Use 13.4.4. By Country 13.4.4.1. United States of America 13.4.4.2. Canada 13.5. Market Attractiveness Analysis 13.5.1. By Rating 13.5.2. By Product Type 13.5.3. By End Use 13.5.4. By Country 13.6. Market Trends 13.7. Drivers and Restraints Impact Analysis 14. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 14.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 14.4.1. By Rating 14.4.2. By Product Type 14.4.3. By End Use 14.4.4. By Country 14.4.4.1. Brazil 14.4.4.2. Mexico 14.4.4.3. Rest of Latin America 14.5. Market Attractiveness Analysis 14.5.1. By Rating 14.5.2. By Product Type 14.5.3. By End Use 14.5.4. By Country 14.6. Market Trends 14.7. Drivers and Restraints Impact Analysis 15. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 15.4.1. By Rating 15.4.2. By Product Type 15.4.3. By End Use 15.4.4. By Country 15.4.4.1. Germany 15.4.4.2. Italy 15.4.4.3. France 15.4.4.4. United Kingdom 15.4.4.5. Spain 15.4.4.6. BENELUX 15.4.4.7. Russia 15.4.4.8. Rest of Europe 15.5. Market Attractiveness Analysis 15.5.1. By Rating 15.5.2. By Product Type 15.5.3. By End Use 15.5.4. By Country 15.6. Market Trends 15.7. Drivers and Restraints Impact Analysis 16. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032 16.1. Introduction 16.2. Pricing Analysis 16.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 16.4.1. By Rating 16.4.2. By Product Type 16.4.3. By End Use 16.4.4. By Country 16.4.4.1. China 16.4.4.2. Japan 16.4.4.3. South Korea 16.5. Market Attractiveness Analysis 16.5.1. By Rating 16.5.2. By Product Type 16.5.3. By End Use 16.5.4. By Country 16.6. Market Trends 16.7. Drivers and Restraints Impact Analysis 17. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032 17.1. Introduction 17.2. Pricing Analysis 17.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 17.4.1. By Rating 17.4.2. By Product Type 17.4.3. By Country 17.4.3.1. India 17.4.3.2. ASEAN 17.4.3.3. Australia and New Zealand 17.4.3.4. Rest of South Asia & Pacific 17.5. Market Attractiveness Analysis 17.5.1. By Rating 17.5.2. By Product Type 17.5.3. By Country 17.6. Market Trends 17.7. Drivers and Restraints Impact Analysis 18. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032 18.1. Introduction 18.2. Pricing Analysis 18.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2017 to 2021 18.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2022 to 2032 18.4.1. By Rating 18.4.2. By Product Type 18.4.3. By End Use 18.4.4. By Country 18.4.4.1. GCC Countries 18.4.4.2. Turkey 18.4.4.3. Northern Africa 18.4.4.4. South Africa 18.4.4.5. Rest of Middle East and Africa 18.5. Market Attractiveness Analysis 18.5.1. By Rating 18.5.2. By Product Type 18.5.3. By Country 18.6. Market Trends 18.7. Drivers and Restraints Impact Analysis 19. Key and Emerging Countries Market Analysis 19.1. USA Market Analysis 19.1.1. By Rating 19.1.2. By Product Type 19.1.3. By End Use 19.2. Canada Market Analysis 19.2.1. By Rating 19.2.2. By Product Type 19.2.3. By End Use 19.3. Mexico Market Analysis 19.3.1. By Rating 19.3.2. By Product Type 19.3.3. By End Use 19.4. Brazil Market Analysis 19.4.1. By Rating 19.4.2. By Product Type 19.4.3. By End Use 19.5. Germany Market Analysis 19.5.1. By Rating 19.5.2. By Product Type 19.5.3. By End Use 19.6. Italy Market Analysis 19.6.1. By Rating 19.6.2. By Product Type 19.6.3. By End Use 19.7. France Market Analysis 19.7.1. By Rating 19.7.2. By Product Type 19.7.3. By End Use 19.8. The UK Market Analysis 19.8.1. By Rating 19.8.2. By Product Type 19.8.3. By End Use 19.9. Spain Market Analysis 19.9.1. By Rating 19.9.2. By Product Type 19.9.3. By End Use 19.10. Russia Market Analysis 19.10.1. By Rating 19.10.2. By Product Type 19.10.3. By End Use 19.11. BENELUX Market Analysis 19.11.1. By Rating 19.11.2. By Product Type 19.11.3. By End Use 19.12. China Market Analysis 19.12.1. By Rating 19.12.2. By Product Type 19.12.3. By End Use 19.13. Japan Market Analysis 19.13.1. By Rating 19.13.2. By Product Type 19.13.3. By End Use 19.14. S. Korea Market Analysis 19.14.1. By Rating 19.14.2. By Product Type 19.14.3. By End Use 19.15. India Market Analysis 19.15.1. By Rating 19.15.2. By Product Type 19.15.3. By End Use 19.16. ASEAN Market Analysis 19.16.1. By Rating 19.16.2. By Product Type 19.16.3. By End Use 19.17. GCC Countries Market Analysis 19.17.1. By Rating 19.17.2. By Product Type 19.17.3. By End Use 19.18. Turkey Market Analysis 19.18.1. By Rating 19.18.2. By Product Type 19.18.3. By End Use 19.19. Northern Africa Market Analysis 19.19.1. By Rating 19.19.2. By Product Type 19.19.3. By End Use 19.20. South Africa Market Analysis 19.20.1. By Rating 19.20.2. By Product Type 19.20.3. By End Use 20. Market Structure Analysis 20.1. Market Analysis by Tier of Companies [Lightning Arrester] 20.2. Market Concentration 20.3. Market Share Analysis of Top Players 21. Competition Analysis 21.1. Competition Dashboard 21.2. Primary Survey Analysis 21.3. Competition Deep Dive 21.3.1. Eaton 21.3.1.1. Overview 21.3.1.2. Product Portfolio 21.3.1.3. Key Financials 21.3.1.4. Sales Footprint 21.3.1.5. Strategy Overview 21.3.2. ABB 21.3.2.1. Overview 21.3.2.2. Product Portfolio 21.3.2.3. Key Financials 21.3.2.4. Sales Footprint 21.3.2.5. Strategy Overview 21.3.3. Hubbell 21.3.3.1. Overview 21.3.3.2. Product Portfolio 21.3.3.3. Key Financials 21.3.3.4. Sales Footprint 21.3.3.5. Strategy Overview 21.3.4. GE Grid 21.3.4.1. Overview 21.3.4.2. Product Portfolio 21.3.4.3. Key Financials 21.3.4.4. Sales Footprint 21.3.4.5. Strategy Overview 21.3.5. Schneider Electric 21.3.5.1. Overview 21.3.5.2. Product Portfolio 21.3.5.3. Key Financials 21.3.5.4. Sales Footprint 21.3.5.5. Strategy Overview 21.3.6. TE Connectivity 21.3.6.1. Overview 21.3.6.2. Product Portfolio 21.3.6.3. Key Financials 21.3.6.4. Sales Footprint 21.3.6.5. Strategy Overview 21.3.7. Toshiba 21.3.7.1. Overview 21.3.7.2. Product Portfolio 21.3.7.3. Key Financials 21.3.7.4. Sales Footprint 21.3.7.5. Strategy Overview 21.3.8. Dehn 21.3.8.1. Overview 21.3.8.2. Product Portfolio 21.3.8.3. Key Financials 21.3.8.4. Sales Footprint 21.3.8.5. Strategy Overview 21.3.9. Jingguan 21.3.9.1. Overview 21.3.9.2. Product Portfolio 21.3.9.3. Key Financials 21.3.9.4. Sales Footprint 21.3.9.5. Strategy Overview 21.3.10. Other Manufacturers 21.3.10.1. Overview 21.3.10.2. Product Portfolio 21.3.10.3. Key Financials 21.3.10.4. Sales Footprint 21.3.10.5. Strategy Overview 22. Assumptions and Acronyms Used 23. Research Methodology
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Table 01: Global Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Product Type Table 02: Global Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Rating Table 03: Global Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use Table 04: Global Market Value (US$ Million) and Volume (Units) Historical Data 2017 - 2021 and Forecast 2022 to 2032 by Region Table 05: North America Market Volume (Units) and Value (US$ Million) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Country Table 06: North America Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Product Type Table 07: North America Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Rating Table 08: North America Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use Table 09: Latin America Market Volume (Units) and Value (US$ Million) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Country Table 10: Latin America Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Product Type Table 11: Latin America Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Rating Table 12: Latin America Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use Table 13: Europe Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Country Table 14: Europe Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Product Type Table 15: Europe Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Rating Table 16: Europe Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use Table 17: East Asia Market Value (US$ Million) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Country Table 18: East Asia Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Product Type Table 19: East Asia Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Rating Table 20: East Asia Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use Table 21: South Asia & Pacific Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Country Table 22: South Asia & Pacific Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Product Type Table 23: South Asia & Pacific Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Rating Table 24: South Asia & Pacific Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use Table 25: Middle East & Africa Market Volume (Units) and Value (US$ Million) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Country Table 26: Middle East & Africa Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Product Type Table 27: Middle East & Africa Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Rating Table 28: Middle East & Africa Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use
Figure 01: Global Market Historical Volume (Units), 2017 to 2021 Figure 02: Global Market Volume (Units) Forecast, 2022 to 2032 Figure 03: Global Market Value (US$ Million) and Y-o-Y Growth Rate From 2022 to 2032 Figure 04: Global Market Absolute $ Opportunity Analysis, 2022 to 2032 Figure 05: Global Market Share and BPS Analysis By Product Type- 2022 & 2032 Figure 06: Global Market Y-o-Y Growth Projections By Product Type, 2021 to 2032 Figure 07: Global Market Attractiveness By Product Type, 2022 to 2032 Figure 08: Global Market Absolute $ Opportunity 2022 to 2032, by Product Type Figure 09: Global Market Share and BPS Analysis By Rating- 2022 & 2032 Figure 10: Global Market Y-o-Y Growth Projections By Rating, 2021 to 2032 Figure 11: Global Market Attractiveness By Rating, 2022 to 2032 Figure 12: Global Market Absolute $ Opportunity 2022 to 2032, by Rating Figure 13: Global Market Share and BPS Analysis By End Use - 2022 & 2032 Figure 14: Global Market Y-o-Y Growth Projections By End Use, 2021 to 2032 Figure 15: Global Market Attractiveness By End Use, 2022 to 2032 Figure 16: Global Market Absolute $ Opportunity, 2022 to 2032, by End Use Figure 17: Global Market Share and BPS Analysis by Region, 2022 & 2032 Figure 18: Global Market Y-o-Y Growth Projection by Region, 2022 to 2032 Figure 19: Global Market Attractiveness Analysis by Region Figure 20: North America Market Absolute $ Opportunity, 2022 to 2032 Figure 21: Latin America Market Absolute $ Opportunity, 2022 to 2032 Figure 22: Europe Market Absolute $ Opportunity, 2022 to 2032 Figure 23: East Asia Market Absolute $ Opportunity, 2022 to 2032 Figure 24: South Asia & Pacific Market Absolute $ Opportunity, 2022 to 2032 Figure 25: Middle East & Africa Market Absolute $ Opportunity, 2022 to 2032 Figure 26: North America Market Share and BPS Analysis by Country - 2022 & 2032 Figure 27: North America Market Y-o-Y Growth Projections by Country, 2021 to 2032 Figure 28: North America Market Attractiveness by Country, 2022 to 2032 Figure 29: USA Market Absolute $ Opportunity, 2021 to 2032 Figure 30: Canada Market Absolute $ Opportunity, 2021 to 2032 Figure 31: North America Market Share and BPS Analysis By Product Type- 2022 & 2032 Figure 32: North America Market Y-o-Y Growth Projections By Product Type, 2021 to 2032 Figure 33: North America Market Attractiveness By Product Type, 2022 to 2032 Figure 34: North America Market Share and BPS Analysis By Rating- 2022 & 2032 Figure 35: North America Market Y-o-Y Growth Projections By Rating, 2021 to 2032 Figure 36: North America Market Attractiveness By Rating, 2022 to 2032 Figure 37: North America Market Share and BPS Analysis By End Use - 2022 & 2032 Figure 38: North America Market Y-o-Y Growth Projections By End Use, 2021 to 2032 Figure 39: North America Market Attractiveness By End Use, 2022 to 2032 Figure 40: Latin America Market Share and BPS Analysis by Country - 2022 & 2032 Figure 41: Latin America Market Y-o-Y Growth Projections by Country, 2021 to 2032 Figure 42: Latin America Market Attractiveness by Country, 2022 to 2032 Figure 43: Brazil Market Absolute $ Opportunity, 2021 to 2032 Figure 44: Mexico Market Absolute $ Opportunity, 2021 to 2032 Figure 45: Rest of Latin America Market Absolute $ Opportunity, 2021 to 2032 Figure 46: Latin America Market Share and BPS Analysis By Product Type- 2022 & 2032 Figure 47: Latin America Market Y-o-Y Growth Projections By Product Type, 2021 to 2032 Figure 48: Latin America Market Attractiveness By Product Type, 2022 to 2032 Figure 49: Latin America Market Share and BPS Analysis By Rating- 2022 & 2032 Figure 50: Latin America Market Y-o-Y Growth Projections By Rating, 2021 to 2032 Figure 51: Latin America Market Attractiveness By Rating, 2022 to 2032 Figure 52: Latin America Market Share and BPS Analysis By End Use - 2022 & 2032 Figure 53: Latin America Market Y-o-Y Growth Projections By End Use, 2021 to 2032 Figure 54: Latin America Market Attractiveness By End Use, 2022 to 2032 Figure 55: Europe Market Share and BPS Analysis by Country - 2022 & 2032 Figure 56: Europe Market Y-o-Y Growth Projections by Country, 2021 to 2032 Figure 57: Europe Market Attractiveness by Country, 2022 to 2032 Figure 58: Germany Market Absolute $ Opportunity, 2021 to 2032 Figure 59: Italy Market Absolute $ Opportunity, 2021 to 2032 Figure 60: France Market Absolute $ Opportunity, 2021 to 2032 Figure 61: UK Market Absolute $ Opportunity, 2021 to 2032 Figure 62: Spain Market Absolute $ Opportunity, 2021 to 2032 Figure 63: BENELUX Market Absolute $ Opportunity, 2021 to 2032 Figure 64: Russia Market Absolute $ Opportunity, 2021 to 2032 Figure 65: Rest of Europe Market Absolute $ Opportunity, 2021 to 2032 Figure 66: Europe Market Share and BPS Analysis By Product Type- 2022 & 2032 Figure 67: Europe Market Y-o-Y Growth Projections By Product Type, 2021 to 2032 Figure 68: Europe Market Attractiveness By Product Type, 2022 to 2032 Figure 69: Europe Market Share and BPS Analysis By Rating- 2022 & 2032 Figure 70: Europe Market Y-o-Y Growth Projections By Rating, 2021 to 2032 Figure 71: Europe Market Attractiveness By Rating, 2022 to 2032 Figure 72: Europe Market Share and BPS Analysis By End Use - 2022 & 2032 Figure 73: Europe Market Y-o-Y Growth Projections By End Use, 2021 to 2032 Figure 74: Europe Market Attractiveness By End Use, 2022 to 2032 Figure 75: East Asia Market Share and BPS Analysis by Country - 2022 & 2032 Figure 76: East Asia Market Y-o-Y Growth Projections by Country, 2021 to 2032 Figure 78: East Asia Market Attractiveness by Country, 2022 to 2032 Figure 79: China Market Absolute $ Opportunity, 2021 to 2032 Figure 80: Japan Market Absolute $ Opportunity, 2021 to 2032 Figure 81: South Korea Market Absolute $ Opportunity, 2021 to 2032 Figure 82: East Asia Market Share and BPS Analysis By Product Type- 2022 & 2032 Figure 83: East Asia Market Y-o-Y Growth Projections By Product Type, 2021 to 2032 Figure 84: East Asia Market Attractiveness By Product Type, 2022 to 2032 Figure 85: East Asia Market Share and BPS Analysis By Rating- 2022 & 2032 Figure 86: East Asia Market Y-o-Y Growth Projections By Rating, 2021 to 2032 Figure 87: East Asia Market Attractiveness By Rating, 2022 to 2032 Figure 88: East Asia Market Share and BPS Analysis By End Use - 2022 & 2032 Figure 89: East Asia Market Y-o-Y Growth Projections By End Use, 2021 to 2032 Figure 90: East Asia Market Attractiveness By End Use, 2022 to 2032 Figure 91: South Asia & Pacific Market Share and BPS Analysis by Country - 2022 & 2032 Figure 92: South Asia & Pacific Market Y-o-Y Growth Projections by Country, 2021 to 2032 Figure 93: South Asia & Pacific Market Attractiveness by Country, 2022 to 2032 Figure 94: India Market Absolute $ Opportunity, 2021 to 2032 Figure 95: ASEAN Market Absolute $ Opportunity, 2021 to 2032 Figure 96: Oceania Market Absolute $ Opportunity, 2021 to 2032 Figure 97: Rest of SAP Market Absolute $ Opportunity, 2021 to 2032 Figure 98: South Asia & Pacific Market Share and BPS Analysis By Product Type- 2022 & 2032 Figure 99: South Asia & Pacific Market Y-o-Y Growth Projections By Product Type, 2021 to 2032 Figure 100: South Asia & Pacific Market Attractiveness By Product Type, 2022 to 2032 Figure 101: South Asia & Pacific Market Share and BPS Analysis By Rating- 2022 & 2032 Figure 102: South Asia & Pacific Market Y-o-Y Growth Projections By Rating, 2021 to 2032 Figure 103: South Asia & Pacific Market Attractiveness By Rating, 2022 to 2032 Figure 104: South Asia & Pacific Market Share and BPS Analysis By End Use - 2022 & 2032 Figure 105: South Asia & Pacific Market Y-o-Y Growth Projections By End Use, 2021 to 2032 Figure 106: South Asia & Pacific Market Attractiveness By End Use, 2022 to 2032 Figure 107: Middle East & Africa Market Share and BPS Analysis by Country - 2022 & 2032 Figure 108: Middle East & Africa Market Y-o-Y Growth Projections by Country, 2021 to 2032 Figure 109: Middle East & Africa Market Attractiveness by Country, 2022 to 2032 Figure 110: Turkey Market Absolute $ Opportunity, 2021 to 2032 Figure 111: South Africa Market Absolute $ Opportunity, 2021 to 2032 Figure 112: Northern Africa Market Absolute $ Opportunity, 2021 to 2032 Figure 113: Rest of MEA Market Absolute $ Opportunity, 2021 to 2032 Figure 114: Middle East & Africa Market Share and BPS Analysis By Product Type- 2022 & 2032 Figure 115: Middle East & Africa Market Y-o-Y Growth Projections By Product Type, 2021 to 2032 Figure 116: Middle East & Africa Market Attractiveness By Product Type, 2022 to 2032 Figure 117 Middle East & Africa Market Share and BPS Analysis By Rating- 2022 & 2032 Figure 118: Middle East & Africa Market Y-o-Y Growth Projections By Rating, 2021 to 2032 Figure 119: Middle East & Africa Market Attractiveness By Rating, 2022 to 2032 Figure 120: Middle East & Africa Market Share and BPS Analysis By End Use - 2022 & 2032 Figure 121: Middle East & Africa Market Y-o-Y Growth Projections By End Use, 2021 to 2032 Figure 122: Middle East & Africa Market Attractiveness By End Use, 2022 to 2032
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