Arc Fault Detection Devices Market Overview
The arc fault detection devices market is projected to grow with an impressive CAGR of 5.5% during the forecast period 2021-2031. Over the years, the installation of electrical components deteriorate in buildings.
The deterioration severity depends on humidity, heat, damage during usage, aging insulation and corrosive chemical reactions. So, installation of electrical components should be processed with caution otherwise potential hazards such as burns, electric shocks, fire and explosion can occur if safety precautions are neglected.
Electrical arcs in connections and cables can trigger electrical fires. Arc fault protection devices address all these issues by opening the relevant circuit, they detect dangerous electrical arcs presence and prevent the outbreak of electrical fire.
These devices are installed within single phase final and modular in nature. An enhanced safety is offered by arc fault detection devices for residential homes and buildings. Thus, the arc fault detection devices (AFDD) market is expected to grow at a significant rate.
What is Driving Demand for Arc Fault Detection Devices?
Broken wires, crushed cables, loose connections and worn insulation causes hidden arc faults in an electrical circuit. With the help of arc fault circuit interrupter, the faulty circuit can be isolated by detecting the Arc fault.
These faults occur in hidden places like inside walls, damaged cables, outlet sockets and loose connection. The circuit breaker AFDD cuts the electricity supply automatically and prevent the electrical arcs from reaching temperature where fire can take place. Such benefits are contributing to the growth of arc fault detection devices.
These Devices are capable of finding a difference between normal and dangerous Arcs. The electrical arcs in motor-driven vacuum cleaners, furnace motors and light switches can be analyzed by monitoring circuits.
These devices are able to sense hundreds of different operating conditions. Such factors are driving the demand of arc fault detection devices.
What are the Key Trends for Arc Fault Detection Devices?
There is an increase in the demand of arc fault detection devices in residential, business and industrial applications.
Especially businesses are installing these devices in consumer units to provide protection from electrical arcs. Hotels have premises with sleeping accommodation and there is an increased risk of fire. In such cases, hotels are adopting these devices to protect themselves.
Residential homes are also moving towards arc fault circuit interrupter for safety factors like property or items with high sentimental value, save a life and others. These devices are available at low cost and adopted by residential homes for lifetime. Such trends will help the arc fault detection devices to grow in upcoming years.
North America Outlook for Arc Fault Detection Devices
The global market of arc fault detection devices is presently dominated by North America as the region has already adopted this technology a long ago. United States is moving in a positive direction for electrical safety. Buildings such as hotels and retirement homes are adopting arc fault detection devices in large number for enhancement in safety.
Most of the key vendors are located in the North America region and have a high competition among the new players. There has been a significant reduction for electrical fault incidents in North America region. At the back of these factors, the AFDD market in the region will grow at a significant rate.
Europe Demand Outlook for Arc Fault Detection Devices
Residential homes, business and manufacturing businesses in Europe are moving towards the adoption of arc fault detection devices for enhancement in safety. Government and safety authorities are recognizing that defective electrical systems can pose a serious threat of fire risks to buildings and occupants.
So, they are focusing on AFDD for electrical installations in the UK for protection of persons, livestock and property against the risk from fires. This will further impel the expansion of AFDD solutions in Europe and drive the market demand during the forecast period.
Who are the Key Arc Fault Detection Devices Vendors?
Some of the leading vendors of arc fault detection devices include
- Schneider Electric,
- Hager Group
- OEZ s.r.o.
- Schrack Technik
- NHP and others.
Key players in the market are focusing on expanding and deploying new lineup of arc fault detection devices solutions to meet rising demands from various end-user industries. These companies largely focuses on strategic acquisitions to broaden its product offerings.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- East Asia
- South Korea
- South Asia & Pacific
- Australia & New Zealand
- Rest of South Asia & Pacific
- Middle East & Africa
- GCC Countries
- South Africa
- North Africa
- Rest of MEA