Global Arc Fault Circuit Interrupter (AFCI) Market Growth 2024-2030

Publication ID:

LPI01243300

Publication Date:

January 4, 2024

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Energy Trading & Marketing [2]

Electricity [3]

Energy & Utilities [4]

Description:

The global Arc Fault Circuit Interrupter (AFCI) market size was valued at US$ 3948 million in 2023. With growing demand in downstream market, the Arc Fault Circuit Interrupter (AFCI) is forecast to a readjusted size of US$ 4558.3 million by 2030 with a CAGR of 2.1% during review period.
The research report highlights the growth potential of the global Arc Fault Circuit Interrupter (AFCI) market. Arc Fault Circuit Interrupter (AFCI) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Arc Fault Circuit Interrupter (AFCI). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Arc Fault Circuit Interrupter (AFCI) market.
The primary function of an Arc Fault Circuit Interrupters (AFCI) is to detect and identify dangerous grounding, parallel, and series Arc faults, and to actuate the device that disconnects the current in time to avoid electrical fire. When an arc fault occurs, because the current intensity is small, lower than the set value of the overcurrent protection widely installed in the power system, especially in the low-voltage distribution field, the installation of AFCI arc fault circuit breaker in the distribution line terminal can detect the arc in time and cut off the circuit, effectively reducing the loss caused by the arc.
Schneider Electric, ABB, Eaton, Siemens and Leviton are the major global fault arc breaker (AFCI) manufacturers. Schneider Electric is the world's largest manufacturer of faulted arc breakers (AFCI), accounting for 30% of the total global AFCI market, followed by ABB, which accounts for approximately 23% of the total global AFCI market turnover.
At present, AFCI is mainly divided into branch/feeder type, combined AFCI (CAFCI) and others, of which combined AFCI (CAFCI) is the main type of AFCI, accounting for about 74% of the global market.
Key Features:
The report on Arc Fault Circuit Interrupter (AFCI) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Arc Fault Circuit Interrupter (AFCI) market. It may include historical data, market segmentation by Type (e.g., Branch/Feeder Type Arc Fault Circuit Breakers, Combined AFCI (CAFCI)), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Arc Fault Circuit Interrupter (AFCI) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Arc Fault Circuit Interrupter (AFCI) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Arc Fault Circuit Interrupter (AFCI) industry. This include advancements in Arc Fault Circuit Interrupter (AFCI) technology, Arc Fault Circuit Interrupter (AFCI) new entrants, Arc Fault Circuit Interrupter (AFCI) new investment, and other innovations that are shaping the future of Arc Fault Circuit Interrupter (AFCI).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Arc Fault Circuit Interrupter (AFCI) market. It includes factors influencing customer ' purchasing decisions, preferences for Arc Fault Circuit Interrupter (AFCI) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Arc Fault Circuit Interrupter (AFCI) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Arc Fault Circuit Interrupter (AFCI) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Arc Fault Circuit Interrupter (AFCI) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Arc Fault Circuit Interrupter (AFCI) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Arc Fault Circuit Interrupter (AFCI) market.
Market Segmentation:
Arc Fault Circuit Interrupter (AFCI) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Branch/Feeder Type Arc Fault Circuit Breakers
Combined AFCI (CAFCI)
Other
Segmentation by application
Residential Sector
Commercial/Industrial Sector
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schneider Electric
ABB
Eaton
Siemens
Leviton
JIYE ELECTRIC
FZKCA
Chengyang
Key Questions Addressed in this Report
What is the 10-year outlook for the global Arc Fault Circuit Interrupter (AFCI) market?
What factors are driving Arc Fault Circuit Interrupter (AFCI) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Arc Fault Circuit Interrupter (AFCI) market opportunities vary by end market size?
How does Arc Fault Circuit Interrupter (AFCI) break out type, application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Arc Fault Circuit Interrupter (AFCI) Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Arc Fault Circuit Interrupter (AFCI) by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Arc Fault Circuit Interrupter (AFCI) by Country/Region, 2019, 2023 & 2030
2.2 Arc Fault Circuit Interrupter (AFCI) Segment by Type
2.2.1 Branch/Feeder Type Arc Fault Circuit Breakers
2.2.2 Combined AFCI (CAFCI)
2.2.3 Other
2.3 Arc Fault Circuit Interrupter (AFCI) Sales by Type
2.3.1 Global Arc Fault Circuit Interrupter (AFCI) Sales Market Share by Type (2019-2024)
2.3.2 Global Arc Fault Circuit Interrupter (AFCI) Revenue and Market Share by Type (2019-2024)
2.3.3 Global Arc Fault Circuit Interrupter (AFCI) Sale Price by Type (2019-2024)
2.4 Arc Fault Circuit Interrupter (AFCI) Segment by Application
2.4.1 Residential Sector
2.4.2 Commercial/Industrial Sector
2.5 Arc Fault Circuit Interrupter (AFCI) Sales by Application
2.5.1 Global Arc Fault Circuit Interrupter (AFCI) Sale Market Share by Application (2019-2024)
2.5.2 Global Arc Fault Circuit Interrupter (AFCI) Revenue and Market Share by Application (2019-2024)
2.5.3 Global Arc Fault Circuit Interrupter (AFCI) Sale Price by Application (2019-2024)
3 Global Arc Fault Circuit Interrupter (AFCI) by Company
3.1 Global Arc Fault Circuit Interrupter (AFCI) Breakdown Data by Company
3.1.1 Global Arc Fault Circuit Interrupter (AFCI) Annual Sales by Company (2019-2024)
3.1.2 Global Arc Fault Circuit Interrupter (AFCI) Sales Market Share by Company (2019-2024)
3.2 Global Arc Fault Circuit Interrupter (AFCI) Annual Revenue by Company (2019-2024)
3.2.1 Global Arc Fault Circuit Interrupter (AFCI) Revenue by Company (2019-2024)
3.2.2 Global Arc Fault Circuit Interrupter (AFCI) Revenue Market Share by Company (2019-2024)
3.3 Global Arc Fault Circuit Interrupter (AFCI) Sale Price by Company
3.4 Key Manufacturers Arc Fault Circuit Interrupter (AFCI) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Arc Fault Circuit Interrupter (AFCI) Product Location Distribution
3.4.2 Players Arc Fault Circuit Interrupter (AFCI) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Arc Fault Circuit Interrupter (AFCI) by Geographic Region
4.1 World Historic Arc Fault Circuit Interrupter (AFCI) Market Size by Geographic Region (2019-2024)
4.1.1 Global Arc Fault Circuit Interrupter (AFCI) Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Arc Fault Circuit Interrupter (AFCI) Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Arc Fault Circuit Interrupter (AFCI) Market Size by Country/Region (2019-2024)
4.2.1 Global Arc Fault Circuit Interrupter (AFCI) Annual Sales by Country/Region (2019-2024)
4.2.2 Global Arc Fault Circuit Interrupter (AFCI) Annual Revenue by Country/Region (2019-2024)
4.3 Americas Arc Fault Circuit Interrupter (AFCI) Sales Growth
4.4 APAC Arc Fault Circuit Interrupter (AFCI) Sales Growth
4.5 Europe Arc Fault Circuit Interrupter (AFCI) Sales Growth
4.6 Middle East & Africa Arc Fault Circuit Interrupter (AFCI) Sales Growth
5 Americas
5.1 Americas Arc Fault Circuit Interrupter (AFCI) Sales by Country
5.1.1 Americas Arc Fault Circuit Interrupter (AFCI) Sales by Country (2019-2024)
5.1.2 Americas Arc Fault Circuit Interrupter (AFCI) Revenue by Country (2019-2024)
5.2 Americas Arc Fault Circuit Interrupter (AFCI) Sales by Type
5.3 Americas Arc Fault Circuit Interrupter (AFCI) Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Arc Fault Circuit Interrupter (AFCI) Sales by Region
6.1.1 APAC Arc Fault Circuit Interrupter (AFCI) Sales by Region (2019-2024)
6.1.2 APAC Arc Fault Circuit Interrupter (AFCI) Revenue by Region (2019-2024)
6.2 APAC Arc Fault Circuit Interrupter (AFCI) Sales by Type
6.3 APAC Arc Fault Circuit Interrupter (AFCI) Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Arc Fault Circuit Interrupter (AFCI) by Country
7.1.1 Europe Arc Fault Circuit Interrupter (AFCI) Sales by Country (2019-2024)
7.1.2 Europe Arc Fault Circuit Interrupter (AFCI) Revenue by Country (2019-2024)
7.2 Europe Arc Fault Circuit Interrupter (AFCI) Sales by Type
7.3 Europe Arc Fault Circuit Interrupter (AFCI) Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Arc Fault Circuit Interrupter (AFCI) by Country
8.1.1 Middle East & Africa Arc Fault Circuit Interrupter (AFCI) Sales by Country (2019-2024)
8.1.2 Middle East & Africa Arc Fault Circuit Interrupter (AFCI) Revenue by Country (2019-2024)
8.2 Middle East & Africa Arc Fault Circuit Interrupter (AFCI) Sales by Type
8.3 Middle East & Africa Arc Fault Circuit Interrupter (AFCI) Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Arc Fault Circuit Interrupter (AFCI)
10.3 Manufacturing Process Analysis of Arc Fault Circuit Interrupter (AFCI)
10.4 Industry Chain Structure of Arc Fault Circuit Interrupter (AFCI)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Arc Fault Circuit Interrupter (AFCI) Distributors
11.3 Arc Fault Circuit Interrupter (AFCI) Customer
12 World Forecast Review for Arc Fault Circuit Interrupter (AFCI) by Geographic Region
12.1 Global Arc Fault Circuit Interrupter (AFCI) Market Size Forecast by Region
12.1.1 Global Arc Fault Circuit Interrupter (AFCI) Forecast by Region (2025-2030)
12.1.2 Global Arc Fault Circuit Interrupter (AFCI) Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Arc Fault Circuit Interrupter (AFCI) Forecast by Type
12.7 Global Arc Fault Circuit Interrupter (AFCI) Forecast by Application
13 Key Players Analysis
13.1 Schneider Electric
13.1.1 Schneider Electric Company Information
13.1.2 Schneider Electric Arc Fault Circuit Interrupter (AFCI) Product Portfolios and Specifications
13.1.3 Schneider Electric Arc Fault Circuit Interrupter (AFCI) Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Schneider Electric Main Business Overview
13.1.5 Schneider Electric Latest Developments
13.2 ABB
13.2.1 ABB Company Information
13.2.2 ABB Arc Fault Circuit Interrupter (AFCI) Product Portfolios and Specifications
13.2.3 ABB Arc Fault Circuit Interrupter (AFCI) Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 ABB Main Business Overview
13.2.5 ABB Latest Developments
13.3 Eaton
13.3.1 Eaton Company Information
13.3.2 Eaton Arc Fault Circuit Interrupter (AFCI) Product Portfolios and Specifications
13.3.3 Eaton Arc Fault Circuit Interrupter (AFCI) Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Eaton Main Business Overview
13.3.5 Eaton Latest Developments
13.4 Siemens
13.4.1 Siemens Company Information
13.4.2 Siemens Arc Fault Circuit Interrupter (AFCI) Product Portfolios and Specifications
13.4.3 Siemens Arc Fault Circuit Interrupter (AFCI) Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Siemens Main Business Overview
13.4.5 Siemens Latest Developments
13.5 Leviton
13.5.1 Leviton Company Information
13.5.2 Leviton Arc Fault Circuit Interrupter (AFCI) Product Portfolios and Specifications
13.5.3 Leviton Arc Fault Circuit Interrupter (AFCI) Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Leviton Main Business Overview
13.5.5 Leviton Latest Developments
13.6 JIYE ELECTRIC
13.6.1 JIYE ELECTRIC Company Information
13.6.2 JIYE ELECTRIC Arc Fault Circuit Interrupter (AFCI) Product Portfolios and Specifications
13.6.3 JIYE ELECTRIC Arc Fault Circuit Interrupter (AFCI) Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 JIYE ELECTRIC Main Business Overview
13.6.5 JIYE ELECTRIC Latest Developments
13.7 FZKCA
13.7.1 FZKCA Company Information
13.7.2 FZKCA Arc Fault Circuit Interrupter (AFCI) Product Portfolios and Specifications
13.7.3 FZKCA Arc Fault Circuit Interrupter (AFCI) Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 FZKCA Main Business Overview
13.7.5 FZKCA Latest Developments
13.8 Chengyang
13.8.1 Chengyang Company Information
13.8.2 Chengyang Arc Fault Circuit Interrupter (AFCI) Product Portfolios and Specifications
13.8.3 Chengyang Arc Fault Circuit Interrupter (AFCI) Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Chengyang Main Business Overview
13.8.5 Chengyang Latest Developments
14 Research Findings and Conclusion

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