Press release
Global Arc Flash Protection Market Expected To Deliver Dynamic Progression Until 2025 By ABB, SCHNEIDER ELECTRIC SE, SIEMENS AG, ARCTEQ RELAYS, LARSEN & TOUBRO
Arc Flash Protection Market
Global Arc Flash Protection Market Overview:
According to market analysts, Global Arc Flash Protection Market is projected to grow at a high CAGR value from 2019 to 2025.
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The arc flash protection market is driven by factors such as increasing investments in electrical network, growth of the manufacturing sector and arc flash regulations from associations such as NFPA and OSHA.
The arc flash protection Market is segmented based on Equipment, End-Users and Region. On the basis of equipment, the market is sub-segmented into Arc Flash Detection System, Arc Flash Control System and Personal Protective Equipment. The arc flash control system segment dominated the arc flash protection market during the forecast period.
On the basis of end-users, the market is sub-segmented into Utilities, Manufacturing and Processing, Oil & Gas, Transportation and Infrastructure and Others. The utilities segment in the arc flash protection market is expected to be the largest market.
Regionally, North America is expected to dominate the global arc flash protection market, given the increasing awareness to reduce the electrical risk hazards at workplace in order to create a safer environment for personnel as well as the equipment.
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Key Players:
1 ABB
2 EATON CORPORATION, PLC
3 GENERAL ELECTRIC COMPANY
4 SCHNEIDER ELECTRIC SE
5 SIEMENS AG
6 LARSEN & TOUBRO LIMITED
7 LITTELFUSE, INC.
8 ARCTEQ RELAYS, LTD. And More...
Key Regions:
1 North America
2 Europe
3 Asia-Pacific
4 South America
5 Middle East & Africa
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Key Questions Answered in this Report:
1 What will the market size and the growth rate be in 2025?
2 What are the key factors driving the Arc Flash Protection Market?
3 What are the challenges to market growth?
4 Who are the key vendors in the market?
5 What are the latest market trends?
Table of Content:
1 Industry Overview
2 Arc Flash Protection Market by Type
3 Global Market Demand
4 Major Region Market
5 Major Companies List
6 Conclusion
About us:
BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
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