Surge Protectors In The Construction Industry
The construction industry is the earliest application area for lightning protection and is also one of the most important downstream markets for this industry. The construction industry's demand for lightning protection products primarily focuses on surge protective device for distribution rooms (boxes), lightning rods for rooftops, grounding products, and surge protector for building monitoring equipment and cable television.
China is already the world's largest construction market. With the increasing demand for intelligent and secure housing, it provides a vast market for surge protection device. During the 12th Five-Year Plan period, China is expected to construct approximately 6 million commercial housing units and 5 million affordable housing units annually. According to market analysis data from the Lightning Committee of the China Meteorological Society, the market capacity for lightning protection products for civilian buildings in my country is expected to reach 8.153 billion yuan in 2015.
Due to low public awareness of lightning protection, demand for professional lightning protection products in my country's construction industry is weak, resulting in a fragmented market and fierce price competition. However, with the development of electronic information technology, the trend of network integration such as the Internet of Things and the convergence of three networks, and the rise of smart buildings, demand for professional lightning protection products will increase significantly.
