Global Direct Current Arc Fault Circuit Interrupter (AFCI) Sales Market Report 2022

SKU ID : QYR-21015419 | Publishing Date : 03-Jun-2022 | No. of pages : 123

An Arc Fault Circuit Interrupter (AFCI) is a circuit breaker that breaks the circuit when it detects an electric arc in the circuit it protects to prevent electrical fires. An AFCI selectively distinguishes between a harmless arc (incidental to normal operation of switches, plugs, and brushed motors), and a potentially dangerous arc (that can occur, for example, in a lamp cord which has a broken conductor).
Market Analysis and Insights: Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market
Due to the COVID-19 pandemic, the global Direct Current Arc Fault Circuit Interrupter (AFCI) market size is estimated to be worth US$ 152 million in 2021 and is forecast to a readjusted size of US$ 152 million by 2028 with a CAGR of 17.9% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Direct Current Arc Fault Circuit Interrupter (AFCI) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
Global Direct Current Arc Fault Circuit Interrupter (AFCI) key players include Eaton, Siemens, ABB, etc. Global top three manufacturers hold a share about 80%.
North America is the largest market, with a share about 65%, followed by Europe, and China, both have a share about 30 percent.
In terms of product, Max. string voltage More Than 1000VDC is the largest segment, with a share nearly 80%. And in terms of application, the largest application is Solar Photovoltaics, followed by Commercial and Industrial, etc.
Global Direct Current Arc Fault Circuit Interrupter (AFCI) Scope and Market Size
The global Direct Current Arc Fault Circuit Interrupter (AFCI) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Direct Current Arc Fault Circuit Interrupter (AFCI) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Max. string voltage Less Than 1000VDC
Max. string voltage More Than 1000VDC
Segment by Application
Solar Photovoltaics
Commercial and Industrial
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Eaton
Siemens
ABB
SolarBOS
Santon
Fonrich

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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  • By End User/Applications
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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