Arc Flash Protection Market Size, Statistics, Trend Analysis and Forecast Report, 2020 - 2027

Arc Flash Protection Market is segmented by Type (Arc Flash Detection & Control System and Personal Protective Equipment), by Application (Utilities, Manufacturing & Processing, Oil & Gas and Transportation & Infrastructure), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)

  • Report ID : MD1836
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  • Pages : 220
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  • Tables : 85
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  • Formats :

Arc Flash Protection Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.

Market Definition / Research Scope

Arc Flash Protections are tools, strategies, and preventions needed around electrical gear, like, switchboards, panelboards, modern control boards, engine control focuses, and comparative hardware. When individual chips are away at or near the empowered (stimulated and not encased, protected, covered, or in any case shielded from contact) parts, protection must include directing exercises, assessment, change, overhauling, support, or investigating during or after the Arc streak. A circular segment streak is an electrical mishap that makes a high-temperature blast. It can disintegrate encompassing metal, set flames, and result in extreme consumption. Arc Flash protections are in places prone to arc flashes.

Arc Flash Protection Market Growth and Trends

The increase in adoption of arc flash protection system to reduce electrical accidents and implementation of fire safety regulations for investment in electrical networks has driven the market. Maintenance of safety standards as per international standards would require increased use of safety electronic and electrical equipment which ultimately would result in growth of arc flash protection system. The economic vision 2030 of Abu Dhabi has included a vision to achieve a non-oil trade sector as they are planning to focus on other business types rather an investment in oil & gas industry. This vision if going to be implemented then it would create an enhanced growth in market of arc flash protection. In developing countries where there is frequent fluctuation of electricity or lesser voltage available this arc flash protection protects from any untoward incident arose from flaws in an electrical network. The ever increasing demand of electricity due to spread of urban and suburban areas more power grids are required. To establish power grid, investment at huge level and workforce is required so the safety is thought to be the priority and installation of arc flash protection system is the necessity. The constant increase in demand of electricity in residential, industrial and commercial sector has resulted in increased investment in electrical and electronic equipments so it became necessary to install arc flash protection system. It has also been predicted that arc flash protection system to gain footing in coming years as existing electrical network is going to be replaced as systems are becoming costly and their protection is required.

Arc Flash Protection Market Regional Analysis

Increasing investment in electric networks and the flourishing manufacturing sector altogether are expected to bring about a variable push in the global arc flash protection market. North America is substantially expected to dominate the market owing to growing industrial safety norms and manifesting energy projects in the region. The Asia Pacific region too is going to shape a projecting growth in the market with the region being the leading manufacturing hub and increasing mandates in safety standards. Significant presence in the oil and gas industry and growing security concerns and awareness in energy conservation in the Middle Eastern region is estimated to steer a significant growth in the market. Europe is estimated to rear a prominent growth in the market too with significant penetration of smart commercial building and infrastructure projects. 

Arc Flash Protection Market Share and Competition

Key companies operating in this industry are: ABB, EATON CORPORATION, PLC, GENERAL ELECTRIC COMPANY, SCHNEIDER ELECTRIC SE, SIEMENS AG, LARSEN & TOUBRO LIMITED, LITTELFUSE, INC., ARCTEQ RELAYS, LTD., G&W ELECTRIC COMPANY, NR ELECTRIC CO., LTD., RITTAL GMBH & CO. KG and MORS SMITT TECHNOLOGIES.

Arc Flash Protection Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Arc Flash Detection & Control System
• Personal Protective Equipment

Application Analysis (Revenue, USD Million, 2020 - 2027)
• Utilities
• Manufacturing & Processing
• Oil & Gas
• Transportation & Infrastructure

Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World

Arc Flash Protection Market Companies
• ABB
• EATON CORPORATION, PLC
• GENERAL ELECTRIC COMPANY
• SCHNEIDER ELECTRIC SE
• SIEMENS AG
• LARSEN & TOUBRO LIMITED
• LITTELFUSE, INC.
• ARCTEQ RELAYS, LTD.
• G&W ELECTRIC COMPANY
• NR ELECTRIC CO., LTD.
• RITTAL GMBH & CO. KG
• MORS SMITT TECHNOLOGIES

Available Versions:-
United States Arc Flash Protection Market Research Report
Europe Arc Flash Protection Market Research Report
Asia Pacific Arc Flash Protection Market Research Report
India Arc Flash Protection Market Research Report

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