Press release
Increasing Number Of Electrical Accidents Propelling The Growth Of Ground Fault Circuit Interrupter Market: A Key Driver Powering Ground Fault Circuit Interrupter Market Growth In 2025
Ground Fault Circuit Interrupter
What Is the Current Ground Fault Circuit Interrupter Market Size and Its Estimated Growth Rate?
The ground fault circuit interrupter market has shown strong growth in recent years. It is projected to grow from $2.39 billion in 2024 to $2.56 billion in 2025 at a CAGR of 7.3%. This growth in the past period is attributed to increasing demand for power tools and outdoor equipment, residential construction growth, government initiatives promoting electrical safety, a growing demand in data centers, and the alignment of GFCIs with sustainable development goals.
The ground fault circuit interrupter (GFCI) market is expected to see strong growth, reaching $3.35 billion by 2029 at a CAGR of 7.0%. The growth is driven by stricter safety regulations, increased construction and renovation activities, a focus on energy-efficient buildings, rising adoption in healTH*Care facilities, and the adoption of international GFCI standards. Trends include continuous innovation in GFCI technology, infrastructure development in emerging economies, GFCI integration into appliances, advances in material science, and home automation system integration.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18380
How Are Emerging Segments Shaping the Ground Fault Circuit Interrupter Market Landscape?
The ground fault circuit interrupter market covered in this report is segmented -
1) By Product Type: Receptacle, Portable, Cord Connected, Other Product Types
2) By Distribution Channels: Offline, Online
3) By Application: Underwater Pool Lighting, Kitchen Receptacles, Bathroom Receptacles, Outdoor Receptacles, Garage Receptacles, Utility Sinks, Wet Bar Sinks, Garden Equipment, Construction Locations
Subsegments
1) By Receptacle: Tamper-Resistant Receptacle GFCI, Weather-Resistant Receptacle GFCI
2) By Portable: Plug-In Portable GFCI, Inline Portable GFCI
3) By Cord Connected: Manual Reset Cord Connected GFCI, Automatic Reset Cord Connected GFCI
4) By Other Product Types: Circuit Breaker GFCI, Panel Mount GFCI
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18380&type=smp
Which Growth Factors Are Influencing Ground Fault Circuit Interrupter Market Expansion?
Rising electrical hazards are fueling the ground fault circuit interrupter (GFCI) market. Electrical accidents are increasing due to aging infrastructure, complex systems, and poor safety practices. GFCIs mitigate these risks by cutting off power during faults, preventing electrocution and fires. FEMA reported in May 2024 that electrical malfunction fires in U.S. homes increased from 24,200 in 2021 to 26,100 in 2022-a 7.9% rise. This increase in electrical incidents is driving demand for GFCIs.
Who Are the Dominant Players Across Different Ground Fault Circuit Interrupter Market Segments?
Major companies operating in the ground fault circuit interrupter market are Siemens AG, Schneider Electric SE, ABB Ltd., Eaton Corporation plc, Emerson Electric Co., Legrand, Hubbell Incorporated, Sensata Technologies Inc., Littelfuse Inc., Leviton, Thermon Inc., Dutton-Lainson Company, Lex Products, I-Gard Corporation, Universal Security Instruments Inc., Tower Manufacturing, Tecmark Corporation, Braxton Harris Company Inc., ELEGRP, Molex Integrated, Yueqing Nandao Electromachinery Co. Ltd., Zhejiang Yatai Intelligent Electric Co. Ltd., William Tricker Inc.
What Are the Major Trends Shaping the Ground Fault Circuit Interrupter Market?
Key players in the ground fault circuit interrupter market are strategically advancing their product lines with items like IP69 K-rated products to gain a market advantage. A 20A GFCI (Ground Fault Circuit Interrupter) with an IP69K rating is a specialized type of GFCI device that conforms to strict standards for water and dust protection, especially in rough industrial and outdoor settings. For instance, in January 2023, Molex LLC, an American consumer electronics firm, introduced the pioneering Super-Safeway ground fault circuit interrupter (GFCI), a cutting-edge portable device that has been the first to accomplish an IP69K rating. It provides supreme protection against extreme water and dust infiltration. The product has double insulation, excellent sealing capabilities, and a sturdy, resistant cover, which makes it an optimal choice for industrial settings that need strong safety precautions to avoid electrical shock and damage to equipment.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/ground-fault-circuit-interrupter-global-market-report
Which Geographic Regions Are Expected to Dominate the Ground Fault Circuit Interrupter Market in the Coming Years?
North America was the largest region in the ground fault circuit interrupter market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ground fault circuit interrupter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Ground Fault Circuit Interrupter Market?
2. What is the CAGR expected in the Ground Fault Circuit Interrupter Market?
3. What Are the Key Innovations Transforming the Ground Fault Circuit Interrupter Industry?
4. Which Region Is Leading the Ground Fault Circuit Interrupter Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Increasing Number Of Electrical Accidents Propelling The Growth Of Ground Fault Circuit Interrupter Market: A Key Driver Powering Ground Fault Circuit Interrupter Market Growth In 2025 here
News-ID: 4040116 • Views: …
More Releases from The Business Research Company
Rising Incidence of Dental Disorders Sparks Growth in the Tooth-Filling Material …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Tooth Filling Materials Market Through 2025?
In the past few years, the market size for tooth filling materials has experienced robust growth. Projected to rise from $1.82 billion in 2024 to $1.92 billion in 2025, it's set to journey at a compound…
2025-2034 Stress Tests Equipment Market Outlook: Key Drivers, Emerging Challenge …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Stress Tests Equipment Industry Market Size Be by 2025?
In recent years, the market for stress test equipment has seen robust growth. From a value of $2.99 billion in 2024, it is projected to increase to $3.19 billion in 2025, reflecting a compound annual growth rate…
2025 Positron Emission Tomography (PET) Scanners Industry Trends Report: Long-Te …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Positron Emission Tomography (PET) Scanners Market Size By 2025?
The market size for positron emission tomography (pet) scanners has been witnessing a steady increment in the past years. The market is expected to escalate from $1.51 billion in 2024 to $1.58 billion in 2025, registering…
Strategic Forecast for the Ostomy Devices Industry: Market Outlook 2025-2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ostomy Devices Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the ostomy devices market has been consistently expanding. Projections show an increase from $2.8 billion in 2024 to $2.9 billion in 2025, maintaining a compound annual growth rate (CAGR) of 3.9%. The significant…
More Releases for GFCI
GFCI Outlets: The Key to Preventing Electrical Hazards This Fall
Full Moon Lighting & Electrical Offers Professional GFCI Outlet Installations for Enhanced Safety
As the fall season begins and homes prepare for increased electrical usage during colder months, Full Moon Lighting & Electrical, a trusted provider of electrical services for residents and businesses in St. Simons, GA, is highlighting the importance of Ground Fault Circuit Interrupter (GFCI) outlets. These specialized outlets are essential for preventing electrical shocks and fires in areas…
GFCI Receptacles Market Size 2024 to 2031.
Market Overview and Report Coverage
GFCI (Ground Fault Circuit Interrupter) receptacles are electrical outlets designed to prevent electric shocks by quickly shutting off power when a ground fault is detected. Increasing awareness about electrical safety and mandatory installation requirements in residential and commercial buildings are driving the demand for GFCI receptacles.
The GFCI receptacles market is expected to grow at a CAGR of 5.00% during the forecasted period. The current…
Global Portable Ground Fault Circuit Interrupter (GFCI) Market Research Report 2 …
Global Leading Market Research Publisher QYResearch announces the release of its lastest report "Global Portable Ground Fault Circuit Interrupter (GFCI) Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application". Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a comprehensive analysis of the global Portable Ground Fault Circuit Interrupter (GFCI) market, including market size, share, demand, industry development status, and forecasts…
GFCI Safety Receptacles market: Players tapping Emerging Markets | Leviton, Hubb …
"The global GFCI Safety Receptacles Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global GFCI Safety Receptacles Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of…
Global GFCI Receptacles Market By Product Type (Fixed GFCI Receptacles, Mobile G …
Global GFCI Receptacles Market 2021-2026 issued by pro data intelligence Market provides a detailed analysis of the dynamic of the market with extensive focus on secondary research. The report sheds light on the current situation of the market size, share, demand, development patterns, and forecast in the coming years.
This report consist several changes as here we also cover impact of COVID-19 on Global market
The report Global GFCI Receptacles Market analyzes…
Ground Fault Circuit Interrupter Market and Tripping Nature of GFCI
A ground fault circuit interrupter is a type of electrical device which is installed for the purpose of getting protection against different types of electric shocks. GFCI’s can alsobe used to reduce electrocutions and helps to minimize the electrical burns and the shock injuries. A GFCI with an AFCI used to integrate ground fault protection in the receptacles where the electrical equipments is near the water body. Ground fault circuit…
