Market Overview:
The global direct current arc fault circuit interrupter (AFCI) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for solar photovoltaics and commercial and industrial applications, and the growing awareness about safety measures in electrical installations. Based on type, the global direct current arc fault circuit interrupter (AFCI) market can be segmented into max. string voltage below 1000VDC and max. string voltage greater than or equal to 1000VDC segments. The max.
Product Definition:
A direct current arc fault circuit interrupter (AFCI) is a device that detects and interrupts electrical arcs in branch circuits. Arcs can occur when insulation around wires breaks down, often as a result of age or damage. An AFCI responds to the presence of an arc by interrupting power to the circuit. This helps prevent fires that can be started by arcing faults.
Max. string voltage Below1000VDC:
The Max. string voltage is the highest attainable voltage in an electric circuit that can cause an electrical fault in the circuit. It is also known as the maximum attainable short-circuit current or maximum permissible arc potential (MPAP) and represents a measure of insulation resistance for electric cables and equipment.
Max. string voltage Greater than or equal to1000VDC:
The Max. string voltage greater than or equal to1000VDC is used in the Direct Current Arc Fault Circuit Interrupter (AFCI) market. The AFCI is a safety device that trips when an electric arc occurs in high-voltage lines, which are generally used for power transmission and distribution as well as household electrical services. It protects the circuit breakers from damage and ensures their proper function by conducting an electric current if there is a fault in the circuit. Max.
Application Insights:
The solar photovoltaics segment dominated the global market and accounted for more than 44% of the revenue share in 2017. The increasing demand for electric power generated by solar energy is expected to drive the growth of this application over the forecast period. Rising awareness regarding clean energy, coupled with government support & funding, has led to an increase in installations of residential and commercial solar systems across countries such as China, India, U.S., Germany etc. This trend is projected to continue over the forecast period driving industry growth globally during future years.
Regional Analysis:
The Asia Pacific market is expected to grow at the highest CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing solar PV installations in countries such as China and India. In addition, growing awareness about the hazards associated with live wires is anticipated to drive demand for AFCI in this region. The Middle East & Africa (MEA) market also presents significant opportunities due to increasing number of power generation projects especially in UAE and Saudi Arabia.
North America accounted for a major share owing its well-established power infrastructure coupled with high adoption rate of direct current technology across various industries including manufacturing, oil & gas, etc.). However, stringent regulations by U.S.
Growth Factors:
- Increasing demand for safety and security in electrical installations
- Stringent government regulations and codes for arc fault protection
- Growing awareness about the benefits of arc fault protection among consumers and contractors
- Advances in technology that have led to the development of more advanced AFCI products
- Rising demand for energy-efficient appliances and devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Direct Current Arc Fault Circuit Interrupter (AFCI) Market Research Report
By Type
Max. string voltage Below1000VDC, Max. string voltage Greater than or equal to1000VDC
By Application
Solar Photovoltaics, Commercial and Industrial, Others
By Companies
Eaton, Siemens, ABB, SolarBOS, Santon, Fonrich
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market Report Segments:
The global Direct Current Arc Fault Circuit Interrupter (AFCI) market is segmented on the basis of:
Types
Max. string voltage Below1000VDC, Max. string voltage Greater than or equal to1000VDC
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solar Photovoltaics, Commercial and Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eaton
- Siemens
- ABB
- SolarBOS
- Santon
- Fonrich
Highlights of The Direct Current Arc Fault Circuit Interrupter (AFCI) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Max. string voltage Below1000VDC
- Max. string voltage Greater than or equal to1000VDC
- By Application:
- Solar Photovoltaics
- Commercial and Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Direct Current Arc Fault Circuit Interrupter (AFCI) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
AFCI is a device that interrupts the flow of direct current (DC) in an electrical circuit when there is a fault.
Some of the major players in the direct current arc fault circuit interrupter (afci) market are Eaton, Siemens, ABB, SolarBOS, Santon, Fonrich.
The direct current arc fault circuit interrupter (afci) market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Direct Current Arc Fault Circuit Interrupter (AFCI) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Direct Current Arc Fault Circuit Interrupter (AFCI) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Direct Current Arc Fault Circuit Interrupter (AFCI) Market - Supply Chain
4.5. Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market Forecast
4.5.1. Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Direct Current Arc Fault Circuit Interrupter (AFCI) Market Absolute $ Opportunity
5. Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Type
5.3.1. Max. string voltage Below1000VDC
5.3.2. Max. string voltage Greater than or equal to1000VDC
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Application
6.3.1. Solar Photovoltaics
6.3.2. Commercial and Industrial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Direct Current Arc Fault Circuit Interrupter (AFCI) Demand Share Forecast, 2019-2026
9. North America Direct Current Arc Fault Circuit Interrupter (AFCI) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Application
9.4.1. Solar Photovoltaics
9.4.2. Commercial and Industrial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Type
9.7.1. Max. string voltage Below1000VDC
9.7.2. Max. string voltage Greater than or equal to1000VDC
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Direct Current Arc Fault Circuit Interrupter (AFCI) Demand Share Forecast, 2019-2026
10. Latin America Direct Current Arc Fault Circuit Interrupter (AFCI) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Application
10.4.1. Solar Photovoltaics
10.4.2. Commercial and Industrial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Type
10.7.1. Max. string voltage Below1000VDC
10.7.2. Max. string voltage Greater than or equal to1000VDC
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Direct Current Arc Fault Circuit Interrupter (AFCI) Demand Share Forecast, 2019-2026
11. Europe Direct Current Arc Fault Circuit Interrupter (AFCI) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Application
11.4.1. Solar Photovoltaics
11.4.2. Commercial and Industrial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Type
11.7.1. Max. string voltage Below1000VDC
11.7.2. Max. string voltage Greater than or equal to1000VDC
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Direct Current Arc Fault Circuit Interrupter (AFCI) Demand Share, 2019-2026
12. Asia Pacific Direct Current Arc Fault Circuit Interrupter (AFCI) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Application
12.4.1. Solar Photovoltaics
12.4.2. Commercial and Industrial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Type
12.7.1. Max. string voltage Below1000VDC
12.7.2. Max. string voltage Greater than or equal to1000VDC
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Direct Current Arc Fault Circuit Interrupter (AFCI) Demand Share, 2019-2026
13. Middle East & Africa Direct Current Arc Fault Circuit Interrupter (AFCI) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Application
13.4.1. Solar Photovoltaics
13.4.2. Commercial and Industrial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Direct Current Arc Fault Circuit Interrupter (AFCI) Market Size and Volume Forecast by Type
13.7.1. Max. string voltage Below1000VDC
13.7.2. Max. string voltage Greater than or equal to1000VDC
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Direct Current Arc Fault Circuit Interrupter (AFCI) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Direct Current Arc Fault Circuit Interrupter (AFCI) Market: Market Share Analysis
14.2. Direct Current Arc Fault Circuit Interrupter (AFCI) Distributors and Customers
14.3. Direct Current Arc Fault Circuit Interrupter (AFCI) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eaton
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SolarBOS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Santon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fonrich
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook