Market Overview:
The global Residential Earth leakage protection market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about safety and security among consumers, growing demand for smart homes, and rising number of natural disasters. The global Residential Earth leakage protection market is segmented on the basis of type into 1P, 2P, 3P, and others. The 2P segment is expected to hold the largest share in the market during the forecast period owing to its high demand from residential applications across regions. On the basis of application, the global Residential Earth leakage protection market is segmented into indoor and outdoor applications.
Product Definition:
Residential Earth Leakage Protection is a device that is used to prevent electrical current from escaping from an electrical system and entering the earth. This device is important because it helps to protect people and equipment from potentially dangerous electric shocks.
1P:
1P is the first protective coating layer that is applied to the interior surface of pipes or containers. It plays a significant role in preventing water leakage and corrosion inside the pipes. The growth factor for 1P can be attributed to its ability to provide protection against earth leakage, which results from natural forces such as earthquakes, volcanic eruptions, ground movement due to shifting soil or rock slides and erosion caused by wind & rainwater.
2P:
2P is the second protective layer, which is placed on top of the primary protection. It can be a separate component or an additional layer added to an existing policy. The 2P earth leakage protection market size was estimated at USD 1.6 billion in 2016 and it is expected to grow at a CAGR of XX% over the forecast period owing to increasing awareness regarding home insurance as well as growing construction industry in emerging economies such as India and China.
Application Insights:
The indoor application segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to the rising demand from residential buildings for energy conservation and environmental benefits. Furthermore, increasing penetration of solar panels on account of government initiatives such as Feed-in Tariffs (FiT) has boosted product demand in this segment.
The outdoor application segment is expected to witness a CAGR exceeding 7% from 2018 to 2030 owing to growing concerns regarding roofing system durability and leakage prevention systems performance under extreme weather conditions. In addition, stringent regulations pertaining to construction and renovation activities are anticipated to boost market growth over the forecast period.
Increasing urbanization along with rising disposable income levels in developing countries including China, India & Brazil has resulted in an increased number of residential buildings constructed using concrete block or brickwork construction techniques which use earth leakage protection products as part by-product components without their knowledge or consent.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly driven by the presence of prominent players, high spending power of consumers and stringent government regulations pertaining to building energy consumption. In addition, increasing number of residential buildings due to growing population is anticipated to drive regional demand for earth leakage protection products over the forecast period.
Asia Pacific region is expected to witness significant growth over the forecast period owing to rising disposable income and expanding population in countries such as China and India. Furthermore, rapid urbanization coupled with growing construction industry will also support regional demand for earth leakage protection products during the same period. However, recent outbreak of COVID-19 at a global level may hinder Asia Pacific’s economic performance thus affecting consumer confidence which may result in lower home sales or slower mortgage applications leading into 2018’s second quarter earnings reports from various companies operating within this sector including Beazer Homes USA; PulteGroup Inc.
Growth Factors:
- Increasing awareness about the benefits of residential earth leakage protection systems among consumers
- Rapid urbanization and growing population, which is leading to an increase in the demand for residential properties
- Rising disposable income of consumers, which is enabling them to invest in advanced security systems for their homes
- Growing popularity of smart homes and home automation products that offer enhanced security features
- Proliferation of online channels through which consumers can purchase residential earth leakage protection systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Earth Leakage Protection Market Research Report
By Type
1P, 2P, 3P, Others
By Application
Indoor, Outdoor
By Companies
Schneider Electric, ABB, Eaton, Siemens, Legrand, Fuji Electric, Mitsubishi Electric, GE, Hitachi Industrial, Broyce Control, CHNT, Delixi
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Residential Earth Leakage Protection Market Report Segments:
The global Residential Earth Leakage Protection market is segmented on the basis of:
Types
1P, 2P, 3P, Others
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
Indoor, Outdoor
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
- Legrand
- Fuji Electric
- Mitsubishi Electric
- GE
- Hitachi Industrial
- Broyce Control
- CHNT
- Delixi
Highlights of The Residential Earth Leakage Protection 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:
- 1P
- 2P
- 3P
- Others
- By Application:
- Indoor
- Outdoor
- 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 Residential Earth Leakage Protection 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Residential Earth Leakage Protection is a system that uses an underground drainage system to collect rainwater and snowmelt from your roof and funnel it into a storm sewer. This prevents water from leaking onto the ground, which can lead to flooding in your home or neighborhood.
Some of the major players in the residential earth leakage protection market are Schneider Electric, ABB, Eaton, Siemens, Legrand, Fuji Electric, Mitsubishi Electric, GE, Hitachi Industrial, Broyce Control, CHNT, Delixi.
The residential earth leakage protection market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Residential Earth Leakage Protection 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 Residential Earth Leakage Protection Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential Earth Leakage Protection 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 Residential Earth Leakage Protection 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 Residential Earth Leakage Protection Market Size & Forecast, 2020-2028
4.5.1 Residential Earth Leakage Protection Market Size and Y-o-Y Growth
4.5.2 Residential Earth Leakage Protection Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 1P
5.2.2 2P
5.2.3 3P
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Indoor
6.2.2 Outdoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential Earth Leakage Protection 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 Residential Earth Leakage Protection 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 1P
9.6.2 2P
9.6.3 3P
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Indoor
9.10.2 Outdoor
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 1P
10.6.2 2P
10.6.3 3P
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Indoor
10.10.2 Outdoor
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 1P
11.6.2 2P
11.6.3 3P
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Indoor
11.10.2 Outdoor
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 1P
12.6.2 2P
12.6.3 3P
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Indoor
12.10.2 Outdoor
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 1P
13.6.2 2P
13.6.3 3P
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Indoor
13.10.2 Outdoor
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 Residential Earth Leakage Protection Market: Competitive Dashboard
14.2 Global Residential Earth Leakage Protection 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 Legrand
14.3.6 Fuji Electric
14.3.7 Mitsubishi Electric
14.3.8 GE
14.3.9 Hitachi Industrial
14.3.10 Broyce Control
14.3.11 CHNT
14.3.12 Delixi
