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Arc Fault Circuit Interrupter (AFCI) Market to Reach USD 7 Billion by 2034, Driven by Rising Electrical Safety Standards

07-21-2025 01:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Zion Market Research

Arc Fault Circuit Interrupter (AFCI) Market Size

Arc Fault Circuit Interrupter (AFCI) Market Size

The global arc fault circuit interrupter (AFCI) market is projected to experience significant growth in the coming decade. Valued at approximately USD 4.26 billion in 2024, the market is expected to reach around USD 7.00 billion by 2034, expanding at a compound annual growth rate (CAGR) of roughly 5.10% between 2025 and 2034. This growth is fueled by increasing awareness of electrical fire hazards and the enforcement of stringent building safety regulations worldwide.

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What Are Arc Fault Circuit Interrupters (AFCIs)?
AFCIs are electrical safety devices designed to detect and mitigate dangerous arc faults-a leading cause of residential and commercial fires. By interrupting power when an arc fault is detected, AFCIs protect lives and property, making them a critical component in modern electrical systems.

Arc Fault Circuit Interrupter (AFCI) Market: Competitive Analysis
The global arc fault circuit interrupter market is led by players like:

Eaton Corporation
Schneider Electric
Siemens AG
ABB Ltd.
Leviton Manufacturing Co.
Legrand North America LLC
General Electric Company
Square D (Schneider Electric)
Pass & Seymour (Legrand)
Hubbell Incorporated
ElectraSafe Technologies
PowerGuard Innovations
Circuit Protection Systems
Littelfuse Inc.
Bussmann (Eaton)
Thomas & Betts Corporation (ABB)
CBI Electric
Chint Group
Fuji Electric
Hager Group

Key Growth Drivers:
Stricter Electrical Safety Regulations:
Governments and safety bodies like the National Electrical Code (NEC) in the U.S. and similar standards globally are mandating AFCI installation in residential, commercial, and industrial buildings. This has directly boosted demand.

Rising Construction and Infrastructure Development:
The global surge in residential housing, commercial buildings, and smart infrastructure projects is driving the need for advanced electrical safety devices, including AFCIs.

Growing Awareness of Fire Prevention:
Public awareness campaigns and insurance incentives are encouraging the adoption of AFCIs as a preventive safety measure in both new and existing structures.

Technological Advancements in Circuit Protection:
Innovations in AFCI design-such as combination devices (AFCI + GFCI), integration with smart circuit breakers, and enhanced sensitivity-are making them more efficient, reliable, and suitable for a broader range of applications.

Market Segmentation:
Residential sector holds the largest share due to code requirements and the growing number of new housing projects.

Commercial and industrial segments are expected to witness steady growth as fire safety standards expand beyond residential settings.

Combination-type AFCIs are increasingly preferred for broader protection against parallel and series arc faults.

Regional Insights:
North America dominates the market, driven by well-established building codes, strong safety awareness, and early adoption of AFCI technologies.

Europe is also a key market, supported by increasing integration of smart safety solutions in modern construction.

Asia-Pacific is the fastest-growing region, fueled by urbanization, infrastructure growth, and gradual regulatory adoption in countries like China and India.

Access Full Report from Here:https://www.zionmarketresearch.com/report/arc-fault-circuit-interrupter-afci-market

Challenges:
Higher cost compared to standard circuit breakers

Limited adoption in older buildings due to retrofitting complexity

Need for installer training and awareness in emerging regions

Future Outlook:
As the global emphasis on electrical safety, fire prevention, and smart building technologies continues to rise, AFCIs are expected to become a standard component in electrical infrastructure worldwide. Market players focusing on cost-effective, smart, and integrated AFCI solutions are likely to lead the next phase of growth in this evolving industry.

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