Global Arc Fault Circuit Interrupter AFCI Market Research Report 2023(Status and Outlook)

Global Arc Fault Circuit Interrupter AFCI Market Research Report 2023(Status and Outlook)



Report Overview

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.

The Global Arc Fault Circuit Interrupter AFCI Market Size was estimated at USD 3761.50 million in 2022 and is projected to reach USD 4320.78 million by 2029, exhibiting a CAGR of 2.00% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Arc Fault Circuit Interrupter AFCI market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Arc Fault Circuit Interrupter AFCI Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Arc Fault Circuit Interrupter AFCI market in any manner.

Global Arc Fault Circuit Interrupter AFCI Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Schneider Electric

ABB

Eaton

Siemens

Leviton

JIYE ELECTRIC

FZKCA

Chengyang

Market Segmentation (by Type)

Branch/Feeder Type Arc Fault Circuit Breakers

Combined AFCI (CAFCI)

Other

Market Segmentation (by Application)

Small Business

Midsize Enterprise

Large Enterprise

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Arc Fault Circuit Interrupter AFCI Market

Overview of the regional outlook of the Arc Fault Circuit Interrupter AFCI Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Arc Fault Circuit Interrupter AFCI
1.2 Key Market Segments
1.2.1 Arc Fault Circuit Interrupter AFCI Segment by Type
1.2.2 Arc Fault Circuit Interrupter AFCI Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Arc Fault Circuit Interrupter AFCI Market Overview
2.1 Global Market Overview
2.1.1 Global Arc Fault Circuit Interrupter AFCI Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Arc Fault Circuit Interrupter AFCI Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Arc Fault Circuit Interrupter AFCI Market Competitive Landscape
3.1 Global Arc Fault Circuit Interrupter AFCI Sales by Manufacturers (2018-2023)
3.2 Global Arc Fault Circuit Interrupter AFCI Revenue Market Share by Manufacturers (2018-2023)
3.3 Arc Fault Circuit Interrupter AFCI Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Arc Fault Circuit Interrupter AFCI Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Arc Fault Circuit Interrupter AFCI Sales Sites, Area Served, Product Type
3.6 Arc Fault Circuit Interrupter AFCI Market Competitive Situation and Trends
3.6.1 Arc Fault Circuit Interrupter AFCI Market Concentration Rate
3.6.2 Global 5 and 10 Largest Arc Fault Circuit Interrupter AFCI Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Arc Fault Circuit Interrupter AFCI Industry Chain Analysis
4.1 Arc Fault Circuit Interrupter AFCI Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Arc Fault Circuit Interrupter AFCI Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Arc Fault Circuit Interrupter AFCI Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Arc Fault Circuit Interrupter AFCI Sales Market Share by Type (2018-2023)
6.3 Global Arc Fault Circuit Interrupter AFCI Market Size Market Share by Type (2018-2023)
6.4 Global Arc Fault Circuit Interrupter AFCI Price by Type (2018-2023)
7 Arc Fault Circuit Interrupter AFCI Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Arc Fault Circuit Interrupter AFCI Market Sales by Application (2018-2023)
7.3 Global Arc Fault Circuit Interrupter AFCI Market Size (M USD) by Application (2018-2023)
7.4 Global Arc Fault Circuit Interrupter AFCI Sales Growth Rate by Application (2018-2023)
8 Arc Fault Circuit Interrupter AFCI Market Segmentation by Region
8.1 Global Arc Fault Circuit Interrupter AFCI Sales by Region
8.1.1 Global Arc Fault Circuit Interrupter AFCI Sales by Region
8.1.2 Global Arc Fault Circuit Interrupter AFCI Sales Market Share by Region
8.2 North America
8.2.1 North America Arc Fault Circuit Interrupter AFCI Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Arc Fault Circuit Interrupter AFCI Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Arc Fault Circuit Interrupter AFCI Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Arc Fault Circuit Interrupter AFCI Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Arc Fault Circuit Interrupter AFCI Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Schneider Electric
9.1.1 Schneider Electric Arc Fault Circuit Interrupter AFCI Basic Information
9.1.2 Schneider Electric Arc Fault Circuit Interrupter AFCI Product Overview
9.1.3 Schneider Electric Arc Fault Circuit Interrupter AFCI Product Market Performance
9.1.4 Schneider Electric Business Overview
9.1.5 Schneider Electric Arc Fault Circuit Interrupter AFCI SWOT Analysis
9.1.6 Schneider Electric Recent Developments
9.2 ABB
9.2.1 ABB Arc Fault Circuit Interrupter AFCI Basic Information
9.2.2 ABB Arc Fault Circuit Interrupter AFCI Product Overview
9.2.3 ABB Arc Fault Circuit Interrupter AFCI Product Market Performance
9.2.4 ABB Business Overview
9.2.5 ABB Arc Fault Circuit Interrupter AFCI SWOT Analysis
9.2.6 ABB Recent Developments
9.3 Eaton
9.3.1 Eaton Arc Fault Circuit Interrupter AFCI Basic Information
9.3.2 Eaton Arc Fault Circuit Interrupter AFCI Product Overview
9.3.3 Eaton Arc Fault Circuit Interrupter AFCI Product Market Performance
9.3.4 Eaton Business Overview
9.3.5 Eaton Arc Fault Circuit Interrupter AFCI SWOT Analysis
9.3.6 Eaton Recent Developments
9.4 Siemens
9.4.1 Siemens Arc Fault Circuit Interrupter AFCI Basic Information
9.4.2 Siemens Arc Fault Circuit Interrupter AFCI Product Overview
9.4.3 Siemens Arc Fault Circuit Interrupter AFCI Product Market Performance
9.4.4 Siemens Business Overview
9.4.5 Siemens Arc Fault Circuit Interrupter AFCI SWOT Analysis
9.4.6 Siemens Recent Developments
9.5 Leviton
9.5.1 Leviton Arc Fault Circuit Interrupter AFCI Basic Information
9.5.2 Leviton Arc Fault Circuit Interrupter AFCI Product Overview
9.5.3 Leviton Arc Fault Circuit Interrupter AFCI Product Market Performance
9.5.4 Leviton Business Overview
9.5.5 Leviton Arc Fault Circuit Interrupter AFCI SWOT Analysis
9.5.6 Leviton Recent Developments
9.6 JIYE ELECTRIC
9.6.1 JIYE ELECTRIC Arc Fault Circuit Interrupter AFCI Basic Information
9.6.2 JIYE ELECTRIC Arc Fault Circuit Interrupter AFCI Product Overview
9.6.3 JIYE ELECTRIC Arc Fault Circuit Interrupter AFCI Product Market Performance
9.6.4 JIYE ELECTRIC Business Overview
9.6.5 JIYE ELECTRIC Recent Developments
9.7 FZKCA
9.7.1 FZKCA Arc Fault Circuit Interrupter AFCI Basic Information
9.7.2 FZKCA Arc Fault Circuit Interrupter AFCI Product Overview
9.7.3 FZKCA Arc Fault Circuit Interrupter AFCI Product Market Performance
9.7.4 FZKCA Business Overview
9.7.5 FZKCA Recent Developments
9.8 Chengyang
9.8.1 Chengyang Arc Fault Circuit Interrupter AFCI Basic Information
9.8.2 Chengyang Arc Fault Circuit Interrupter AFCI Product Overview
9.8.3 Chengyang Arc Fault Circuit Interrupter AFCI Product Market Performance
9.8.4 Chengyang Business Overview
9.8.5 Chengyang Recent Developments
10 Arc Fault Circuit Interrupter AFCI Market Forecast by Region
10.1 Global Arc Fault Circuit Interrupter AFCI Market Size Forecast
10.2 Global Arc Fault Circuit Interrupter AFCI Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Arc Fault Circuit Interrupter AFCI Market Size Forecast by Country
10.2.3 Asia Pacific Arc Fault Circuit Interrupter AFCI Market Size Forecast by Region
10.2.4 South America Arc Fault Circuit Interrupter AFCI Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Arc Fault Circuit Interrupter AFCI by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Arc Fault Circuit Interrupter AFCI Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Arc Fault Circuit Interrupter AFCI by Type (2024-2029)
11.1.2 Global Arc Fault Circuit Interrupter AFCI Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Arc Fault Circuit Interrupter AFCI by Type (2024-2029)
11.2 Global Arc Fault Circuit Interrupter AFCI Market Forecast by Application (2024-2029)
11.2.1 Global Arc Fault Circuit Interrupter AFCI Sales (K Units) Forecast by Application
11.2.2 Global Arc Fault Circuit Interrupter AFCI Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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