Market Overview:
The global arc fault detection devices (AFDD) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for safety and security in residential, business, and industrial applications. Additionally, the growing awareness about arc fault detection devices is also contributing to the growth of this market. The global AFDD market is segmented on the basis of type, application, and region. On the basis of type, it is divided into 1 module AFDDs 2 module AFDDs 3 module AFDDs 4 module AFDDs 5 or more modules are not considered as they are used for special purposes such as testing or research purposes only). On the basis of application, it is classified into residential buildings commercial buildings industrial buildings Others (government/military establishments hospitals etc.).
Product Definition:
An arc fault detection device (AFDD) is a device that is used to detect arcs in electrical wiring. Arc faults can cause fires, so it is important to have a device that can detect them. AFDDs are often used in conjunction with circuit breakers, and they can help prevent fires by shutting off the power when an arc fault is detected.
1 Module:
1 module is a device that has an ability to detect arc fault. It's major applications are in areas such as petrochemical, power generation, and metal & mining industries. 1 Module can be used for various purposes such as detection of short circuits, over current and over temperature etc.
It works on the principle of ionization.
2 Module:
2 module is a device that has two independent functional units. One of the important applications of 2-module devices is in arc fault detection devices (AFDD). An AFDD is an electrical equipment such as a switchboard or lamp post, which detects an arc when it occurs. The other application includes gas sensors used for detecting carbon monoxide and methane.
Application Insights:
The residential segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing number of construction projects in developing countries, such as China, India and Brazil. Arc fault detection devices are used for protection against electric shocks resulting from improper wiring or installation errors across residential buildings.
AFDDs help detect electrical abnormalities that may lead to fire hazards and reduce losses due to property damage or loss of life by enabling quick intervention from service providers before any damage is caused by failure into wiring or other components inside a building ¢â‚¬Ëœresidential building¢â‚¬â„¢s structure (wiring/electrical components).
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing number of construction activities coupled with stringent regulatory scenario in the U.S., which has mandated arc fault detection devices for various applications including industrial, commercial, and residential buildings. Europe is expected to witness substantial growth over the forecast period owing to rising adoption of fire safety systems across several commercial and residential buildings as a result of growing concerns regarding security, insurance costs, and liability issues associated with property damage or loss caused by fire occurrence.
Growth Factors:
- Increasing demand for safety and security in commercial and residential buildings
- Growing awareness about the benefits of arc fault detection devices
- Rapid expansion of construction industry worldwide
- Rising number of electrical fires due to faulty wiring and appliances
- Technological advancements in arc fault detection devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Arc Fault Detection Devices (AFDD) Market Research Report
By Type
1 Module, 2 Module, 3 Module, 4 Module
By Application
Residential, Business, Industrial
By Companies
Schneider Electric, ABB, Eaton, Siemens, Hager Group, OEZ s.r.o., ETI, Schrack Technik, Wylex, Doepke, Schneider Electric
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Arc Fault Detection Devices (AFDD) Market Report Segments:
The global Arc Fault Detection Devices (AFDD) market is segmented on the basis of:
Types
1 Module, 2 Module, 3 Module, 4 Module
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
Residential, Business, Industrial
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:
- Schneider Electric
- ABB
- Eaton
- Siemens
- Hager Group
- OEZ s.r.o.
- ETI
- Schrack Technik
- Wylex
- Doepke
- Schneider Electric
Highlights of The Arc Fault Detection Devices (AFDD) 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:
- 1 Module
- 2 Module
- 3 Module
- 4 Module
- By Application:
- Residential
- Business
- Industrial
- 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 Arc Fault Detection Devices (AFDD) 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.
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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?
Arc Fault Detection Devices (AFDD) are a type of safety device used to detect arcs and potential arcing hazards. AFDDs can be installed in electrical equipment, such as transformers, switchgear, and circuit breakers, to help prevent accidents caused by arcs.
Some of the major companies in the arc fault detection devices (afdd) market are Schneider Electric, ABB, Eaton, Siemens, Hager Group, OEZ s.r.o., ETI, Schrack Technik, Wylex, Doepke, Schneider Electric.
The arc fault detection devices (afdd) market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Arc Fault Detection Devices (AFDD) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Arc Fault Detection Devices (AFDD) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Arc Fault Detection Devices (AFDD) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Arc Fault Detection Devices (AFDD) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Arc Fault Detection Devices (AFDD) Market Size & Forecast, 2018-2028 4.5.1 Arc Fault Detection Devices (AFDD) Market Size and Y-o-Y Growth 4.5.2 Arc Fault Detection Devices (AFDD) Market Absolute $ Opportunity
Chapter 5 Global Arc Fault Detection Devices (AFDD) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Arc Fault Detection Devices (AFDD) Market Size Forecast by Type
5.2.1 1 Module
5.2.2 2 Module
5.2.3 3 Module
5.2.4 4 Module
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Arc Fault Detection Devices (AFDD) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Arc Fault Detection Devices (AFDD) Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Business
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Arc Fault Detection Devices (AFDD) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Arc Fault Detection Devices (AFDD) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Arc Fault Detection Devices (AFDD) Analysis and Forecast
9.1 Introduction
9.2 North America Arc Fault Detection Devices (AFDD) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Arc Fault Detection Devices (AFDD) Market Size Forecast by Type
9.6.1 1 Module
9.6.2 2 Module
9.6.3 3 Module
9.6.4 4 Module
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Arc Fault Detection Devices (AFDD) Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Business
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Arc Fault Detection Devices (AFDD) Analysis and Forecast
10.1 Introduction
10.2 Europe Arc Fault Detection Devices (AFDD) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Arc Fault Detection Devices (AFDD) Market Size Forecast by Type
10.6.1 1 Module
10.6.2 2 Module
10.6.3 3 Module
10.6.4 4 Module
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Arc Fault Detection Devices (AFDD) Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Business
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Arc Fault Detection Devices (AFDD) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Arc Fault Detection Devices (AFDD) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Arc Fault Detection Devices (AFDD) Market Size Forecast by Type
11.6.1 1 Module
11.6.2 2 Module
11.6.3 3 Module
11.6.4 4 Module
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Arc Fault Detection Devices (AFDD) Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Business
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Arc Fault Detection Devices (AFDD) Analysis and Forecast
12.1 Introduction
12.2 Latin America Arc Fault Detection Devices (AFDD) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Arc Fault Detection Devices (AFDD) Market Size Forecast by Type
12.6.1 1 Module
12.6.2 2 Module
12.6.3 3 Module
12.6.4 4 Module
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Arc Fault Detection Devices (AFDD) Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Business
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Arc Fault Detection Devices (AFDD) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Arc Fault Detection Devices (AFDD) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Arc Fault Detection Devices (AFDD) Market Size Forecast by Type
13.6.1 1 Module
13.6.2 2 Module
13.6.3 3 Module
13.6.4 4 Module
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Arc Fault Detection Devices (AFDD) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Business
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Arc Fault Detection Devices (AFDD) Market: Competitive Dashboard
14.2 Global Arc Fault Detection Devices (AFDD) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 ABB
14.3.3 Eaton
14.3.4 Siemens
14.3.5 Hager Group
14.3.6 OEZ s.r.o.
14.3.7 ETI
14.3.8 Schrack Technik
14.3.9 Wylex
14.3.10 Doepke
14.3.11 Schneider Electric