Global Residual Current Detectors Supply, Demand and Key Producers, 2023-2029

Global Residual Current Detectors Supply, Demand and Key Producers, 2023-2029

The global Residual Current Detectors market size is expected to reach $ 22980 million by 2029, rising at a market growth of 7.7% CAGR during the forecast period (2023-2029).

Global key players of Residual Current Detector include Schneider Electric, SIEMENS, ABB, EATON and Chint Group, etc. The top five players hold a share over 60%.

Asia Pacific is the largest sale market, has a share about 37%, followed by Americas, and Europe, with share 28% and 21%, separately.

In terms of product type, the type AC RCD is the largest segment, occupied for a share of 40%, and followed by type A RCD, and type B RCD, with share 25% and 20%, separately. In terms of application, household has a share over 50%.

A residual-current device (RCD), residual-current circuit breaker (RCCB) or ground fault circuit interrupter (GFCI) is an electrical safety device that quickly breaks an electrical circuit with leakage current to ground. It is to protect equipment and to reduce the risk of serious harm from an ongoing electric shock.

Every residual current device (RCD) has three basic components - summation current transformer, trip relay and switching mechanism.

The function of the various parts is to detect and to evaluate the residual current and to interrupt the power supply if the residual current exceeds a certain value.

For correct function of an RCD, all live conductors of protected circuit, or at least as many conductors as necessary for correct appliance function, must pass through the summation transformer.

This report studies the global Residual Current Detectors production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Residual Current Detectors, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Residual Current Detectors that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Residual Current Detectors total production and demand, 2018-2029, (K Units)

Global Residual Current Detectors total production value, 2018-2029, (USD Million)

Global Residual Current Detectors production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Residual Current Detectors consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Residual Current Detectors domestic production, consumption, key domestic manufacturers and share

Global Residual Current Detectors production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Residual Current Detectors production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Residual Current Detectors production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)

This reports profiles key players in the global Residual Current Detectors market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schneider Electric, SIEMENS, ABB, EATON, Chint Group, DELIXI ELECTRIC, Legrand, Rockwell Automation and BG Electrical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Residual Current Detectors market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Residual Current Detectors Market, By Region:

United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Residual Current Detectors Market, Segmentation by Type

Type AC RCD
Type A RCD
Type B RCD
Type F RCD
Others

Global Residual Current Detectors Market, Segmentation by Application

Home
Commercial
Industrial

Companies Profiled:
Schneider Electric
SIEMENS
ABB
EATON
Chint Group
DELIXI ELECTRIC
Legrand
Rockwell Automation
BG Electrical
LOVATO Electric
Sassin International Electric
IMO Precision Controls
Makel
Doepke
HIMEL
GEYA Electrical
Protek Electronics
Sassin International Electric

Key Questions Answered

1. How big is the global Residual Current Detectors market?

2. What is the demand of the global Residual Current Detectors market?

3. What is the year over year growth of the global Residual Current Detectors market?

4. What is the production and production value of the global Residual Current Detectors market?

5. Who are the key producers in the global Residual Current Detectors market?

6. What are the growth factors driving the market demand?