Press release
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 interrupter also helps to detect the ground faults and it also interrupts the flow of the electric current.For purpose of doing in depth analysis, the ground fault circuit interrupter market has been segmented based on product type, application, basis of ground fault detection and geography. Based on the product types the market has been segregated mainly into two types; they are like Receptacle-type Ground fault circuit interrupter and Portable type Ground Fault Circuit Interrupter. By application the ground fault circuit interrupter market has been segmented mainly into four types they are like electric pumps, electric harvesters, hand held electric tools and others. On the basis of ground fault detection the GFCI market has been segmented into two types; they are like detecting AC fault only and detecting AC & DC fault. Moreover, this report also provide cross functional analysis of all the above mentioned segments across different regions such as Europe, North America, Asia Pacific, Middle East and Africa and Latin America.
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Some of the key factors which are responsible for the growth of Ground fault circuit interrupter market are the growing demand to open up one or more contact to disconnect the power from the circuit or to generate load when the ground fault current flows in the circuit which is being protected by GFCI. Increased adoption of the electric harvester for increasing storage capacity of the insulated aluminum foil is also one of the key reasons for driving the demand for the Ground fault circuit interrupter market. Thus, the continuously growing need for the hand held electric tool for making holes in metal sheets and in concrete walls having higher chuck capacity is also one of the main factor estimated to act as a catalyst for the demand of various types of hand held electrical tool during the forecast period from 2017 to 2025. In addition to thatrapid growth of usage in the electrical fuel injector pump is also anticipated to increase the demand of electrical pumps in the upcoming years. In turn this is also expected tocreate a strong positive affect in the Ground fault circuit interrupter market during the forecasted period of 2017-2025.
The tripping nature of the worn out GFCI is acting as a restraining factor for the Ground fault circuit interrupter market from achieving the full potential. The biggest challenge that GFCI outlets are facing that they are prone to tripping when the GFCI outlets are being used for the heaters and the hair dryers .The presence of black wire which is actually touching the ground and creating leakage of current in the circuit is also one of the key restraining factor for the growth of the market. Presence of various types of defect in the entire circuit is also acting as a restraining factor in the growth of Ground fault circuit interrupter market.
By application, electric pumps held the largest market share because of its growing usage in onshore flood operation and different types of subsea production. However, electric harvesteris projected to achieve exponential growth during the forecast period. Advancement of the capacity of different storage devices and advanced computing for the purpose of oil field monitoring and train measuring system makes it the most appropriate choice for various end user applications.
Geographically, the ground fault circuit interrupter market is being primarily driven by North America region. Rising demand of electrical harvester in smart computing and storage devices is driving the market of North America region. Rapidly growing demand of wireless computers in remote regions and wireless light switches in the smart buildings is expected to drive the Ground fault circuit interrupter market rapidly. This region is anticipated to maintain its dominance in the market during the forecasted period from 2017-2025 owing to the growing demand of smart homes and smart appliances in this region.
Some of the leading players operating in the Ground fault circuit interrupter market include Hubbell Wiring Device (The U.S.), Bryant Electric Co (The U.S.), Leviton (The U.S.), Eaton (The U.S.), Pass & Seymour (The U.S.), and GE Industrial Solutions (The U.S.).Coleman Cable Inc. (The U.S.) among others.
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