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COVID-19 Impact on Grounding Bars and Rods Market, Global Research Reports 2020-2021

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In this report, the COVID-19 Impact on Grounding Bars and Rods market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. COVID-19 Impact on Grounding Bars and Rods market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/covid-19-impact-on-grounding-bars-and-rods-market-global-research-reports-2020-2021

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Grounding bars and rods are components of grounding systems used in industrial, commercial, and residential building or infrastructure. Grounding bars are metal brackets made of conductive materials, such as copper and galvanized steel, which serve as a central grounding point for equipment. These bars and rods provide a conducive path for electricity to flow through them. Grounding rods are the end point of grounding systems. The conductivity and service life of products depend on the thickness of the coating. Typically, the length of the rod is 8′ and the thickness of the rod is from 3/8″ to 1″.

The growth in the construction industry in APAC is one of the primary growth factors for this market. Grounding bars and rods are the safety equipment that are necessary in the construction industry to protect the equipment and personnel from damage. Improvements in living standards has resulted in an increase in the demand for construction industry. The increase in constructions in the residential, commercial, and industrial sectors will increase the demand for grounding bars and rods. Innovations in building design and the increased focus on energy efficient solutions for buildings have increased the opportunities for vendors to strengthen their presence in the grounding bars and rods market.

This report provides a complete quantitative data and qualitative analysis on the global market for Grounding Bars and Rods. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.

Prior to COVID-19, the global market for Grounding Bars and Rods was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Grounding Bars and Rods is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.

This report covers market size and forecasts of Grounding Bars and Rods, including the following market information:

Global Grounding Bars and Rods Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)

Global Grounding Bars and Rods Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)

Global Grounding Bars and Rods Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)

Global Grounding Bars and Rods Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)

Key market players

Major competitors identified in this market include A.N. Wallis, Galvan Industries, Nehring Electrical Works, ABB, Alfredkim Systems & Solutions, Amiable Impex, DEHN + SÖHNE, Eaton, etc.

Based on the Region:

Asia-Pacific (China, Japan, South Korea, India and ASEAN)

North America (US and Canada)

Europe (Germany, France, UK and Italy)

Rest of World (Latin America, Middle East & Africa)

Based on the Type:

Copper

Galvanized Steel

Based on the Application:

Construction Industry

Manufacturing Industry

Power Industry

Telecom and Data Center Industry

Browse full research report at https://www.crystalmarketreport.com/covid-19-impact-on-grounding-bars-and-rods-market-global-research-reports-2020-2021

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This post was originally published on The Market Plan