Press release
Arc Flash Protection Global Market 2018 Growth, Industry, Demand, Growth, Trends by Manufacturers, Regions Type and Application Forecast To 2023
Market Higlights:-
Arc flash protection is widely used in all major end use industries for safe operations and maintain high level safety operations. This system safeguard the human life working into such vicinity from large scale arc flash which can cause serious injuries or even death. An arc flash protection comprises of relays, breakers, and fault current limiters. Arc flash protection maintains the flow of current to the electrical equipment. The growing cost of smart arc flash control devices such as relays and current limiters, outside the electrical equipment is expected to boost the arc flash detection & control system.
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Top Arc Flash Protection Market Key Players:-
The key players of global arc flash protection market are ABB Group (Switzerland), Siemens Ltd. (Germany), General Electric Company (USA), Larsen & Toubro, Ltd. (India), Toshiba Corporation (Japan), Basler Electric Company. (USA), Mitsubishi Electric Corporation (Japan), Schweitzer Engineering Laboratories, Inc. (USA), Littelfuse, Inc. (USA), Schneider Electric SA (France), DuPont (USA) and Eaton Co. Plc. (Ireland).
Arc Flash Protection Market Scope :-
This study provides an overview of the global arc flash protection, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global arc flash protection by its equipment, by end user and by regions.
Arc Flash Protection Market By Equipment
• Arc Flash Detection & Control System
• Personal Protective Equipment
Arc Flash Protection Market By End User
• Utilities
• Manufacturing & Processing Industries
• Oil & Gas
• Transportation & Infrastructure
Arc Flash Protection Market By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World
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Global Arc Flash Protection Market Analysis:-
Currently, the arc flash protection market is in the growth stage. This is due to the increase in demand for power, and in protection device for safe transmission and distribution, worldwide growth in the use more renewable and non-conventional energy sources, the global need to upgrade transmission & distribution grids (both grounded & undergrounded) boost the global arc flash protection market. The market is mainly driven by increasing investment in electrical network, global growth in electrical component manufacturing market and stringent regulation from associations such as, NFPA and OSHA to promote arch flash safety in the end user industries. The North-America region is the leading market for arc flash protection market and is followed by Asia-Pacific.
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MRFR team have a supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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