Arc Flash Protection Market Share, Upcoming Developments, Competitive Landscape, Growth Strategies, Current Industry Status and Forecast to 2023

“Global Arc Flash Protection Market is predicted to grow at more than 5% by 2023 :rn”
Arc Flash Protection Market by Equipment, by End User (Utilities, Manufacturing & Processing Industries, Oil & Gas and Transportation & Infrastructure) and by Region – Global Forecast To 2023

Arc Flash Protection Market – Overview

The main function of arc flash protection device is to safeguard the personnel working in the vicinity by improving equipment reliability. The arc flash is the phenomenon where a flashover of electric current leaves its intended path and travels through the air from one conductor to another, or to ground. The major consequences are often violent and when a human is in close proximity to the arc flash, serious injury and even death can occur. The Arc Flash Protection 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.

 

Leading 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).

 

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Major Points From TOC:-

1 Executive Summary

2 Research Methodology

3 Market Dynamics

4 Global Arc Flash Protection Market, By Equipment

4.1 Introduction

4.2 Arc Flash Detection & Control System

4.3 Personal Protective Equipment

5 Global Arc Flash Protection Market, By End User

5.1 Introduction

5.2 Utilities

5.3 Manufacturing & Processing Industries

5.4 Oil & Gas

5.5 Transportation & Infrastructure

To be Continued………..

 

Scope of the Report:-

The scope of the study segments the global arc flash protection by its equipment, by end user and by regions.

By Equipment

  • Arc Flash Detection & Control System
  • Personal Protective Equipment

By End User

  • Utilities
  • Manufacturing & Processing Industries
  • Oil & Gas
  • Transportation & Infrastructure

 

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By Regions

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

 

Market Research Analysis:-

Utilities segment of arc flash protection market is expected to grow at the highest rate.

The Utilities segment in arc flash protection are expected to hold a larger market size as compared to personal protective equipment. This is due to the growing demand for electricity has resulted in substantial capital expenditure on electrical networks to boost power generation and improve transmission and distribution quality. Increase in expenditure on electrical networks from China, India, and countries in the Middle East would drive the utilities segment.

The arc flash control system is expected to hold the largest share of the arc flash protection market

Arc flash protection are classified based on their equipment as arc flash detection & control system and personal protective equipment. The arc flash detection & control system are widely used in any facility or plant that deals with large amount of power and utilizes medium to high voltage. The arc flash detection & control system comprises of relays, breakers, and fault current limiters, arc flash control system maintains the stream of current to the electrical equipment. Growing installation of smart arc flash control devices such as relays and current limiters, outside the electrical equipment is expected to boost the arc flash control system segment.

 

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