/PRNewswire/ The "Lightning Protection Technologies (LPT): Global Strategic Business Report" report has been added to ResearchAndMarkets.com s offering..
/PRNewswire/ A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled.
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The Pandemic Strikes an Unprecedented Lightning Blow to Lightning Protection Technologies. Market Slumps by -7.1%.
The global market for Lightning Protection Technologies is expected to decline by -7.1% in the year 2020 before recovering to reach US$ 1.1 billion by the year 2027, trailing a post COVID-19 CAGR of 4.8% over the analysis period 2020 through 2027.
Postponements of Infrastructure development projects have come as a heavy blow for building material manufacturers and suppliers. Transport restrictions have additionally played their role in disrupting production and supply of construction materials. Real estate, both commercial & residential, is collapsing under the weight of falling consumer disposable incomes and plummeting business confidence.