Press release
Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size Is Projected To Reach US$ 408.3 Million By 2027, From US$ 120 Million In 2020, At A CAGR Of 17.9% During 2021-2027
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). 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. Market Analysis and Insights: Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market The global Direct Current Arc Fault Circuit Interrupter (AFCI) market size is projected to reach US$ 408.3 million by 2027, from US$ 120 million in 2020, at a CAGR of 17.9% during 2021-2027.
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The Essential Content Covered in the Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market Report :
* Top Key Company Profiles.
* Main Business and Rival Information
* SWOT Analysis and PESTEL Analysis
* Production, Sales, Revenue, Price and Gross Margin
* Market Share and Size
Top Players of Direct Current Arc Fault Circuit Interrupter (AFCI) Market are Studied: Eaton, Siemens, ABB, SolarBOS, Santon, Fonrich
The report provides a 6-year forecast (2021-2027) assessed based on how the Direct Current Arc Fault Circuit Interrupter (AFCI) market is predicted to grow in major regions like USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa, Others.
Segmentation by Type: Max. string voltage Less Than 1000VDC, Max. string voltage More Than 1000VDC
Segmentation by Application: Solar Photovoltaics, Commercial and Industrial, Others
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Reasons to Buy this Report:
Industry Size & Forecast: Estimations on the global Direct Current Arc Fault Circuit Interrupter (AFCI) industry size on the basis of value and volume are provided in this part of the report
Study on Key Industry Trends: This section offers deep insights into the prevailing and upcoming Direct Current Arc Fault Circuit Interrupter (AFCI) trends
Segmental Analysis: Here, the report has examined the high-growth segments including product type, application, and end-users, taking into account their CAGR, share, and size
Future Prospects: Current Direct Current Arc Fault Circuit Interrupter (AFCI) developments and future opportunities estimated to emerge in the Direct Current Arc Fault Circuit Interrupter (AFCI) industry are looked into in this portion of the study
Geography-wise Analysis: The authors of the report have studied the regions having growth potential to help companies plan their future investments
Study on Competitive Landscape: The industry experts have offered thorough information about the strategic tactics adopted by the industry participants to consolidate their position. This assessment will help the players to strategize their activities in future.
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