Arc Flash Protection Market by Equipment (Arc Flash Detection & Control System, Personal Protective Equipment), End-User (Utilities, Manufacturing & Processing, Oil & Gas, Transportation & Infrastructure), and Region - Global Forecast to 2022

  • ID: 4333051
  • Report
  • Region: Global
  • 147 Pages
  • Markets and Markets
1 of 6
The Global Arc Flash Protection Market is Projected to Grow at a CAGR of 5.38% from 2017 to 2022, to Reach a Market Size of USD 2.41 Billion by 2022

FEATURED COMPANIES

  • ABB, Ltd.
  • Arcteq Relays, Ltd.
  • Eaton Corporation, PLC
  • G&W Electric Company
  • General Electric Company
  • Larsen & Toubro Limited
  • MORE

"The arc flash protection market is projected to grow at a CAGR of 5.38%, from 2017 to 2022."

The arc flash protection market is projected to reach USD 2.41 billion, by 2022, growing at a CAGR of 5.38%, from 2017 to 2022. Arc flash protection system and equipment are used to detect and mitigate arc flash hazards, caused by deterioration or corrosion of equipment, as well as other causes like dust, material failure, and faulty installations. Increase in expenditure on electrical networks and replacement of existing electrical safety equipment with modern and smart safety devices are expected to drive the arc flash protection market. Additional cost of installation can hinder the growth of the arc flash protection market.

"The personal protective equipment segment is expected to grow at the highest CAGR from 2017 to 2022."

Based on equipment, the personal protective equipment segment is estimated to be the fastest growing market from 2017 to 2022. Escalating accident frequency in the workplace resulted in rising safety concerns due to arc flashes. The demand for the personal protective equipment is expected to grow over the next five years. Factors like these will drive the growth of the PPE segment of the arc flash protection market.

"North America: The largest market for arc flash protection"

The market in North America is currently the largest market for arc flash protection, followed by Europe and Asia-Pacific. Rising investments in the electrical infrastructure and increased focus towards safety issues are driving the arc flash protection market. The U.S. is estimated to be the fastest growing market in the region, followed by the market in Canada, during the forecast period.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1 - 30%, Tier 2 - 35%, Tier 3 - 35%
  • By Designation: C-Level - 10%, D-Level - 30%, Others - 60%
  • By Region: North America - 12%, Asia-Pacific - 55%, Europe- 10%, South America - 3%, The Middle East - 11%, Africa- 9%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion, and Tier 3 = <USD 1 billion

The leading players in the arc flash protection market include General Electric (U.S.), Schneider Electric (France), Eaton Corporation (Ireland), Siemens AG (Germany), ABB, Ltd. (Switzerland), and Littelfuse, Inc. (U.S.).

Research Coverage:

The report provides a picture of the arc flash protection market across end-use industries and regions. It aims at estimating the market size and future growth potential of the market across different segments such as equipment, end-user, and region. Furthermore, the report also includes an in-depth competitive analysis of key players in the market along with their company profiles, recent developments, and key market strategies.

Why buy this report?

1. The report identifies and addresses key markets for arc flash protection, which would help manufacturers review the growth in demand

2. The report helps solution providers understand the pulse of the market and provides insights into drivers, restraints, and challenges

3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • ABB, Ltd.
  • Arcteq Relays, Ltd.
  • Eaton Corporation, PLC
  • G&W Electric Company
  • General Electric Company
  • Larsen & Toubro Limited
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities in the Arc Flash Protection Market, 2017-2022
    4.2 Arc Flash Protection Market, By Region, 2016
    4.3 Arc Flash Protection Market, By Equipment, 2017 & 2022
    4.4 Arc Flash Protection Market, By End-User, 2017 & 2022

5 Market Overview
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Investment in Electrical Networks
                    5.2.1.2 Growth of the Manufacturing Sector in Southeast Asia
                    5.2.1.3 Regulation From Nfpa and Osha to Promote Arc Flash Safety in the Major End-Use Industries
           5.2.2 Restraints
                    5.2.2.1 Additional Cost of Installation
           5.2.3 Opportunities
                    5.2.3.1 Replacement and Upgradation of Arc Flash Protection Devices in Developed Regions
                    5.2.3.2 Hvdc Transmission in Renewable Power Generation
           5.2.4 Challenges
                    5.2.4.1 Lack of Regulatory Implementation
                    5.2.4.2 Increased Competition Due to Easy Reproducibility of Technology
    5.3 Safety Standards for Arc Flash Protection Equipment
           5.3.1 Nfpa 70e: Standard for Electrical Safety in the Workplace
           5.3.2 Occupational Safety and Health Act Standards for Arc Flash Protection

6 Arc Flash Protection System Market, By Equipment
    6.1 Introduction
    6.2 Arc Flash Detection System Market
    6.3 Arc Flash Control System Market
    6.4 Personal Proetective Equipment (PPE)

7 Arc Flash Protection Market, By End-User
    7.1 Introduction
           7.1.1 Utilities
           7.1.2 Manufacturing & Processing
           7.1.3 Oil & Gas
           7.1.4 Transportation & Infrastructure
           7.1.5 Others

8 Arc Flash Protection Market, By Region
    8.1 Introduction
    8.2 North America
           8.2.1 By Equipment
           8.2.2 By End-User
                    8.2.2.1 By Country
                               8.2.2.1.1 U.S.
                               8.2.2.1.2 Canada
                               8.2.2.1.3 Mexico
    8.3 Europe
           8.3.1 By Equipment
           8.3.2 By End-User
                    8.3.2.1 By Country
                               8.3.2.1.1 Russia
                               8.3.2.1.2 Germany
                               8.3.2.1.3 France
                               8.3.2.1.4 The U.K.
                               8.3.2.1.5 Italy
                               8.3.2.1.6 Spain
                               8.3.2.1.7 Rest of Europe
    8.4 Asia-Pacific
           8.4.1 By Equipment
           8.4.2 By End-User
                    8.4.2.1 By Country
                               8.4.2.1.1 China
                               8.4.2.1.2 Japan
                               8.4.2.1.3 India
                               8.4.2.1.4 Australia
                               8.4.2.1.5 South Korea
                               8.4.2.1.6 Taiwan
                               8.4.2.1.7 Rest of Asia-Pacific
    8.5 The Middle East
           8.5.1 By Equipment
           8.5.2 By End-User
                    8.5.2.1 By Country
                               8.5.2.1.1 Saudi Arabia
                               8.5.2.1.2 U.A.E.
                               8.5.2.1.3 Qatar
                               8.5.2.1.4 Kuwait
                               8.5.2.1.5 Rest of the Middle East
    8.6 South America
           8.6.1 By Equipment
           8.6.2 By End-User
                    8.6.2.1 By Country
                               8.6.2.1.1 Brazil
                               8.6.2.1.2 Argentina
                               8.6.2.1.3 Venezuela
                               8.6.2.1.4 Rest of South America
    8.7 Africa
           8.7.1 By Equipment
           8.7.2 By End-User
                    8.7.2.1 By Country
                               8.7.2.1.1 South Africa
                               8.7.2.1.2 Egypt
                               8.7.2.1.3 Nigeria
                               8.7.2.1.4 Rest of Africa

9 Competitive Landscape
    9.1 Overview
    9.2 Key Players in the Arc Flash Protection Market
           9.2.1 Key Company Focus Areas
                    9.2.1.1 Growth Strategies in the Arc Flash Protection Market
    9.3 Market Ranking Analysis
           9.3.1 Global Market Scenario
    9.4 Competitive Situations & Trends
    9.5 Arc Flash Protection Market: Competitive Leadership Mapping, 2017
           9.5.1 Visionary Leaders
           9.5.2 Dynamic Differentiators
           9.5.3 Innovators
           9.5.4 Emerging Companies
    9.6 Analysis of the Product Portfolios of Major Players in the Arc Flash Protection Market (25 Companies)
    9.7 Business Strategies Adopted By Major Players in the Arc Flash Protection Market (25 Companies)

10 Company Profiles
(Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, View)*
     10.1 ABB, Ltd.
     10.2 Eaton Corporation, PLC
     10.3 General Electric Company
     10.4 Schneider Electric Se
     10.5 Siemens AG
     10.6 Larsen & Toubro Limited
     10.7 Littelfuse, Inc.
     10.8 Arcteq Relays, Ltd.
     10.9 G&W Electric Company
     10.10 NR Electric Co., Ltd.
     10.11 Rittal GmbH & Co. Kg
     10.12 Mors Smitt Technologies, Inc.

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, View Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 Arc Flash Protection Market Snapshot
Table 2 Major Investments in Asean, 2016-2020
Table 3 Arc Flash Protection System Market, By Equipment, 2015-2022 (USD Million)
Table 4 Arc Flash Detection System Market, By Region, 2015-2022 (USD Million)
Table 5 Arc Flash Control System Market, By Region 2015-2022 (USD Million)
Table 6 PPE Market, By Region 2015-2022 (USD Million)
Table 7 Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 8 Utilities: Arc Flash Protection Market Size, By Region, 2015-2022 (USD Million)
Table 9 Manufacturing & Processing: Arc Flash Protection Market Size, By Region, 2015-2022 (USD Million)
Table 10 Oil & Gas: Arc Flash Protection Market Size, By Region, 2015-2022 (USD Million)
Table 11 Transportation & Infrastructure: Arc Flash Protection Market Size, By Region, 2015-2022 (USD Million)
Table 12 Others: Arc Flash Protection Market Size, By Region, 2015-2022 (USD Million)
Table 13 Arc Flash Protection Market, By Region, 2015-2022 (USD Million)
Table 14 Top 10 Fast Growing Countries for the Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 15 North America: Arc Flash Protection Market, By Equipment, 2015-2022 (USD Million)
Table 16 North America: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 17 North America: Arc Flash Protection Market, By Country, 2015-2022 (USD Million)
Table 18 U.S.: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 19 Canada: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 20 Mexico: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 21 Europe: Arc Flash Protection Market, By Equipment, 2015-2022 (USD Million)
Table 22 Europe: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 23 Europe: Arc Flash Protection Market, By Country, 2015-2022 (USD Million)
Table 24 Russia: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 25 Germany: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 26 France: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 27 The U.K.: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 28 Italy: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 29 Spain: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 30 Rest of Europe: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 31 Asia-Pacific: Arc Flash Protection Market, By Equipment, 2015-2022 (USD Million)
Table 32 Asia-Pacific: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 33 Asia-Pacific: Arc Flash Protection Market, By Country, 2015-2022 (USD Million)
Table 34 China: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 35 Japan Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 36 India: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 37 Australia: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 38 South Korea: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 39 Taiwan: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 40 Rest of Asia-Pacific: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 41 Middle East: Arc Flash Protection Market, By Equipment, 2015-2022 (USD Million)
Table 42 Middle East: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 43 Middle East: Arc Flash Protection Market, By Country, 2015-2022 (USD Million)
Table 44 Saudi Arabia: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 45 U.A.E.: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 46 Qatar: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 47 Kuwait: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 48 Rest of the Middle East: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 49 South America: Arc Flash Protection Market Size, By Equipment, 2015-2022 (USD Million)
Table 50 South America: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 51 South America: Arc Flash Protection Market Size, By Country, 2015-2022 (USD Million)
Table 52 Brazil: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 53 Argentina: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 54 Venezuela: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 55 Rest of South America: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 56 Africa: Arc Flash Protection Market Size, By Equipment, USD Million, 2015-2022
Table 57 Africa: Arc Flash Protection Market Size, By End-User, USD Million, 2015-2022
Table 58 Africa: Arc Flash Protection Market Size, By Country, USD Million, 2015-2022
Table 59 South Africa: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 60 Egypt: Arc Flash Protection Market Size, By End-User, 2015-2022 (USD Million)
Table 61 Nigeria: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 62 Rest of Africa: Arc Flash Protection Market, By End-User, 2015-2022 (USD Million)
Table 63 Market Ranking Based on Revenue, 2016

List of Figures
Figure 1 Markets Covered: Arc Flash Protection Market
Figure 2 Arc Flash Protection Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 North America Dominated the Arc Flash Protection Market in 2016
Figure 8 The Arc Flash Control Systems Segment is Expected to Lead the Arc Flash Protection Market During the Forecast Period
Figure 9 Arc Flash Protection Market: End-User Snapshot
Figure 10 Increasing Investment in Electrical Networks is Expected to Drive the Arc Flash Protection Market During the Forecast Period
Figure 11 North America is Estimated to Hold the Largest Share in 2016
Figure 12 Arc Flash Control System is Expected to Hold the Largest Market Share During the Forecast Period
Figure 13 Utilities are Estimated to Dominate the Arc Flash Protection Market During the Forecast Period
Figure 14 Market Dynamics: Arc Flash Protection Market
Figure 15 Fatal Electrical Injury Events, By Work Activity
Figure 16 Arc Flash Control System is Expected to Hold the Maximum Share of the Arc Flash Protection System Market From 2017 to 2022
Figure 17 Utilities Segment is Expected to Be the Largest Market for Arc Flash Protection During the Forecast Period
Figure 18 The Middle East is Expected to Be the Fastest Growing Market for Arc Flash Protection During the Forecast Period
Figure 19 North America is Estimated to Hold the Largest Share for Arc Flash Protection, By Region, 2017
Figure 20 Oil & Gas Segment, By Region, 2017-2022 (USD Million)
Figure 21 Transportation & Infrastructure, By Region, 2017-2022
Figure 22 Regional Snapshot: Middle East is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 North America Dominated the Arc Flash Protection Market in 2016
Figure 24 North America Market Snapshot: the U.S. is Expected to Continue Dominating the Arc Flash Protection Market (2015-2022)
Figure 25 U.S.: Arc Flash Protection Market, By End-User, 2017-2022
Figure 26 Russia: the Largest Arc Flash Protection Market in Europe in 2016
Figure 27 Russia: Arc Flash Protection Market Size, By End-User, 2017-2022
Figure 28 Germany: Arc Flash Protection Market Size, By End-User, 2017-2022
Figure 29 China: Arc Flash Protection Market, By End-User, 2017-2022
Figure 30 Australia: Arc Flash Protection Market, By End-User, 2017-2022
Figure 31 Middle East: Arc Flash Protection Market Regional Snapshot
Figure 32 Saudi Arabia: Arc Flash Protection Market Size, By End-User, 2017-2022
Figure 33 U.A.E.: Arc Flash Protection Market Size, By End-User, 2015-2022
Figure 34 Brazil: the Largest Arc Flash Protection Market in South America in 2016
Figure 35 Brazil: Arc Flash Protection Market, By End-User, 2017-2022
Figure 36 South Africa: the Largest Market in Africa, 2016
Figure 37 South Africa: Arc Flash Protection Market, By End-User, 2017-2022
Figure 38 Companies Adopted New Product Launches and Mergers & Acquistions as Key Strategies to Capture the Market, 2012-2017
Figure 39 Battle for Market Share (2012-2017): New Product Launches Was the Key Strategy Adopted By Major Players
Figure 40 Market Evaluation Framework: New Product Launches, Mergers & Acquisitions, and Contracts & Agreements Fueled Growth of Companies, 2015-2017
Figure 41 Competitive Leadership Mapping
Figure 42 ABB, Ltd.: Company Snapshot
Figure 43 Eaton Corporation, PLC.: Company Snapshot
Figure 44 General Electric Company: Company Snapshot
Figure 45 Schneider Electric Se: Company Snapshot
Figure 46 Larsen & Toubro Limited: Company Snapshot

Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6
5 of 6
  • ABB, Ltd.
  • Arcteq Relays, Ltd.
  • Eaton Corporation, PLC
  • G&W Electric Company
  • General Electric Company
  • Larsen & Toubro Limited
  • Littelfuse, Inc.
  • Mors Smitt Technologies, Inc.
  • NR Electric Co., Ltd.
  • Rittal GmbH & Co. KG
  • Schneider Electric SE
  • Siemens AG
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Adroll
adroll