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Global Grounding Bars Market, 2018-2026: Focus on Telecommunications Grounding Bars and Telecommunications Mains Grounding Bars – ResearchAndMarkets.com

The “Global
Grounding Bars Market Size, Market Share, Application Analysis, Regional
Outlook, Growth Trends, Key Players, Competitive Strategies and
Forecasts, 2018 To 2026” report has been added to ResearchAndMarkets.com’s
offering.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.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.Grounding
bars market is quite fragment comprising of several local as well as
established manufacturers. The market offers few roadblocks to new
entrants as the manufacturing process for grounding bars does not
require special skills or equipment. However, the new entrants are
required to prepare themselves with robust business strategies before
entering into the market in order to survive stiff competition.
Similarly, established manufacturers also need to be on their toes with
strategies such as acquisitions.For instance, in 2015,
Pentair acquired Erico, a strategy which is in line with Pentair’s focus
to expand its presence in the commercial and industrial sectors. Brand
promotion is another major strategy adopted by the companies. Recently,
Harger attended the International Converting Exhibition in Orlando, USA.
The company exhibited its various products including grounding products
in the exhibition. Similarly, Pentair Plc, the parent company of Erico,
exhibited the products of its four brands including Erico, at the
Hannover Messe in Hannover, Germany.Key Topics
Covered:Chapter 1 PrefaceChapter 2
Executive SummaryChapter 3 Market DynamicsChapter
4 Global Grounding Bars Market, By TypeChapter 5 North
America Grounding Bars MarketChapter 6 Europe Grounding Bars
MarketChapter 7 Asia Pacific Grounding Bars MarketChapter
8 Rest of the World (RoW) Grounding Bars MarketChapter 9
Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/jt76dz/global_grounding?w=4

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