Global Arc Chute Market Growth 2024-2030

Global Arc Chute Market Growth 2024-2030

An arc chute is a fence-like cover that covers the parts of equipment such as electrical switches or contactors that are prone to arcing. When an arc occurs, it will be elongated by the arc extinguishing grid, making the arc unable to be maintained and extinguished, thereby avoiding arc damage. In low-voltage circuit breakers (air switches), arc extinguishing grid is a widely used arc extinguishing method. It uses the principle of near cathode effect to divide a long arc into multiple short arcs. When the AC current crosses zero, due to the A higher initial dielectric strength appears immediately near the cathode. As long as the sum of the initial dielectric strengths of all series short arcs is greater than the applied voltage between the contacts, the arc will no longer reignite. This technology is also widely used in fire protection equipment in high-voltage power systems, electric vehicle battery packs, charging piles, solar photovoltaic power stations and other industrial fields.

The global Arc Chute market size is projected to grow from US$ 402 million in 2024 to US$ 584 million in 2030; it is expected to grow at a CAGR of 6.4% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Arc Chute Industry Forecast” looks at past sales and reviews total world Arc Chute sales in 2023, providing a comprehensive analysis by region and market sector of projected Arc Chute sales for 2024 through 2030. With Arc Chute sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Arc Chute industry.

This Insight Report provides a comprehensive analysis of the global Arc Chute landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Arc Chute portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Arc Chute market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Arc Chute and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Arc Chute.

The arc quenching grid market is mainly affected by the increasing demand for electricity. With the continuous advancement of industrialization and urbanization, the demand for electricity continues to increase. The application of new materials, the use of digital technology and the development of intelligent control systems have brought new opportunities to the growth of the arc-extinguishing gate market. With the rapid development of smart grids, renewable energy and other fields, the demand for arc extinguishing grids will continue to increase. In conclusion, the development of the arc chute market is influenced by the increasing demand for electricity. In the future, with the rapid development of smart grids, renewable energy and other fields, the arc-extinguishing grid market will usher in broader development prospects.

This report presents a comprehensive overview, market shares, and growth opportunities of Arc Chute market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Solid Arc Chute
Liquid Arc Chute
Gas Arc Chute
Vacuum Arc Interrupter
Other

Segmentation by Application:
Breaker
Isolating Switch
Load Switch
Combination Appliances
Substation
Emergency Power System
Other

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 analysing the company's coverage, product portfolio, its market penetration.
ABB
Siemens
Schneider Electric
Eaton
Mitsubishi Electric
Toshiba
General Electric
Fuji Electric
Larsen & Toubro
TDK Corporation
Rockwell Automation
Moeller Electric
Powell Industries
C&S Electric
Hager Group
WEG Electric
LS Electric
Lovato Electric
Meidensha Corporation
NOJA Power
Tavrida Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Arc Chute market?

What factors are driving Arc Chute market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Arc Chute market opportunities vary by end market size?

How does Arc Chute break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.