Arc Flash Protection Market Top Key Players:-
The key players of global arc flash protection market are ABB Group (Switzerland), Siemens Ltd. (Germany), General Electric Company (USA), Crompton Greaves Ltd. (India), Toshiba Corporation (Japan), Basler Electric Company. (USA), Mitsubishi Electric Corporation (Japan), Schweitzer Engineering Laboratories, Inc. (USA), Littelfuse, Inc. (USA), Schneider Electric SA (France), Fanox Electronic, S.L. (Spain) and Eaton Co. Plc. (Ireland).
Global Arc Flash Protection Market Highlights:-
Arc flash protection are widely used in utilities, manufacturing & processing industries, oil & gas and transportation & infrastructure. The constant need for electricity and the unstable electricity supply situation in most developing countries will aid in the growth of the Arc Flash Protection Market over the forecast period. The expensive power distribution system and its infrastructure needs a protection from potential hazard which is given by the arc flash protection. Also, stringent government regulation to promote arc flash protection in the major end-use industries. However, the high product cost and high maintenance cost of arc flash protection will restrain the market to some extent.
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Global Arc Flash Protection Market Analysis:-
Currently, the arc flash protection market is in the growth stage. This is due to the increase in demand for power, and in protection device for safe transmission and distribution, worldwide growth in the use more renewable and non-conventional energy sources, the global need to upgrade transmission & distribution grids (both grounded & undergrounded) boost the global arc flash protection market. The market is mainly driven by increasing investment in electrical network, global growth in electrical component manufacturing market and stringent regulation from associations such as, NFPA and OSHA to promote arch flash safety in the end user industries. The North-America region is the leading market for arc flash protection market and is followed by Asia-Pacific.
Scope of the Report:-
This study provides an overview of the global arc flash protection, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global arc flash protection by its equipment, by end user and by regions.
Arc Flash Protection Market By Equipment
- Arc Flash Detection & Control System
- Personal Protective Equipment
Arc Flash Protection Market By End User
- Manufacturing & Processing Industries
- Oil & Gas
- Transportation & Infrastructure
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Arc Flash Protection Market By Regions
- North America
- Asia Pacific
- Rest of the World