Pune, India, May 24, 2017 /MRFR Press Release/- Market research future published a half cooked research report on global Arc flash protection. The Arc flash protection is expected to grow over the CAGR of more than 5% during the period 2017 to 2023.
Market Highlights
Arc flash protection is widely used in all major end use industries for safe operations and maintain high level safety operations. This system safeguard the human life working into such vicinity from large scale arc flash which can cause serious injuries or even death. An arc flash protection comprises of relays, breakers, and fault current limiters. Arc flash protection maintains the flow of current to the electrical equipment. The growing cost of smart arc flash control devices such as relays and current limiters, outside the electrical equipment is expected to boost the arc flash detection & control system.
Arc flash protection are widely used in utilities, manufacturing & processing industries, oil & gas and transportation & infrastructure. The constant need for electricity and the unstable electricity supply situation in most developing countries will aid in the growth of the arc flash protection market over the forecast period. The expensive power distribution system and its infrastructure needs a protection from potential hazard which is given by the arc flash protection. Also, stringent government regulation to promote arc flash protection in the major end-use industries. However, the high product cost and high maintenance cost of arc flash protection will restrain the market to some extent.
Access Report Detail @ https://www.marketresearchfuture.com/reports/arc-flash-protection-system-market-4256
Market Research Analysis
Utilities segment of arc flash protection market is expected to grow at the highest rate.
The Utilities segment in arc flash protection are expected to hold a larger market size as compared to personal protective equipment. This is due to the growing demand for electricity has resulted in substantial capital expenditure on electrical networks to boost power generation and improve transmission and distribution quality. Increase in expenditure on electrical networks from China, India, and countries in the Middle East would drive the utilities segment.
The arc flash control system is expected to hold the largest share of the arc flash protection market
Arc flash protection are classified based on their equipment as arc flash detection & control system and personal protective equipment. The arc flash detection & control system are widely used in any facility or plant that deals with large amount of power and utilizes medium to high voltage. The arc flash detection & control system comprises of relays, breakers, and fault current limiters, arc flash control system maintains the stream of current to the electrical equipment. Growing installation of smart arc flash control devices such as relays and current limiters, outside the electrical equipment is expected to boost the arc flash control system segment.
Scope of the Report
This study provides an overview of the global arc flash protection, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global arc flash protection by its equipment, by end user and by regions.
By Equipment
- Arc Flash Detection & Control System
- Personal Protective Equipment
By End User
- Utilities
- Manufacturing & Processing Industries
- Oil & Gas
- Transportation & Infrastructure
By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World
Key Players
The key players of global arc flash protection market are ABB Group (Switzerland), Siemens Ltd. (Germany), General Electric Company (USA), Crompton Greaves Ltd. (India), Toshiba Corporation (Japan), Basler Electric Company. (USA), Mitsubishi Electric Corporation (Japan), Schweitzer Engineering Laboratories, Inc. (USA), Littelfuse, Inc. (USA), Schneider Electric SA (France), Fanox Electronic, S.L. (Spain) and Eaton Co. Plc. (Ireland).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Report details
| Companies Covered | 15 |
| Pages | 111 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
