Global Arc Fault Circuit Interrupter Market: Snapshot
Arc fault circuit interrupters are a protective equipment against fires that can occur from sparkling or arcing. Arc faults can arise from poor connections, braches in wires, shorted wires, overheated or stressed electrical wires and cords, deteriorated wires, etc. AFCI are implemented in residential and commercial/industrial applications for detecting dangerous arcs and reducing risks.
The global arc fault circuit interrupters market is expected to exhibit a robust 5.1% CAGR between 2017 and 2025, rising from a valuation of US$3.7 bn in 2017 to close to US$5.6 bn by 2025.
The major factor affecting the growth of the global arc fault circuit interrupter market is the rising safety concern regarding electrical equipment in the residential segment. Arc fault are responsible for house fire incidents, leading to injuries and property damage caused by fire. Therefore the increasing number of these incidents has led to the passing of mandatory requirements for the installation of AFCIs, which will likely effectively diminish such incidents. Demand from the AFCI market is anticipated to increase in the near future due to the rising concern for the safety of commercial buildings and houses. In some countries such as the U.S., Canada, and Germany, mandatory regulations have been passed to implement arc fault circuit interrupters in upcoming and ongoing construction projects, ensuring steady growth of the arc fault circuit interrupters market in the coming years.
Branch/Feeder AFCI to Dominate Arc Fault Circuit Interrupter Market
The global arc fault circuit interrupter market has been segmented on the basis of type, fuel type and application. The type segment has further been divided into branch/feeder, outlet, and combination. The branch/feeder segment holds the largest share in the global arc fault circuit interrupter market and is expected to grow at a fast rate in the forecast period. Combination type arc fault circuit interrupters are anticipated to grow at the fastest rate during the forecast period, following the branch/feeder type segment.
On the basis of application, the market has been divided into residential and commercial/industrial. The residential segment is expected to grow at the fastest rate due to the increasing requirement for arc fault circuit interrupters in this application and regulatory compliances made by governments and forums to implement it.
Europe to Emerge as Significant Contributor, North America to Dominate
The global arc fault circuit interrupter market is expected to be driven by the North America region. The regional market was valued at close to US$1.5 bn in 2017, nearly twice as much as any other regional AFCI market, and is likely to exhibit the fastest CAGR of 5.6% till 2025 to emerge with a valuation of close to US$2.3 bn. Europe is estimated to contribute a major share in the overall AFCI market over the 2017-2025 forecast period, closely followed by Asia Pacific. The two markets are expected to exhibit a 5.2% and 4.9% CAGR over the forecast period, respectively, and both are likely to be valued at over US$1 bn by 2025. Meanwhile, South America and the Middle East and Africa are anticipated to grow at a relatively sluggish rate during the forecast period.
Key players profiled in the global arc fault circuit interrupter (AFCI) market include Eaton Corporation, General Electric, Siemens Industry, Inc., Legrand SA, Schneider Electric SE, and Leviton Manufacturing Co.
Several companies are focusing on the advancement of arc fault circuit interrupter devices due to the growing regulatory support to adoption of the same across the residential sector. Further, companies are introducing analysis tools for pinpointing the type of tripping and also offering dual combinations of AFCI and GFCI in a single unit to minimize the risk posed by AFCI mishaps. This is likely to remain a key trend in the global arc fault circuit interrupter market in the coming years.
Global ARC Fault Circuit Interrupter (AFCI) Market
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1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Arc Fault Circuit Interrupter Market
4. Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Key Market Indicators
4.4. Global Arc Fault Circuit Interrupter Market Analysis and Forecasts, 2015 - 2025
4.4.1. Market Revenue Projections (US$ Mn)
4.5. Porter’s Five Force Analysis
4.6. Arc Fault Circuit Interrupter Market Ecosystem Analysis
4.7. Market Outlook
5. Global Arc Fault Circuit Interrupter Market Analysis and Forecasts, By Type
5.1. Overview & Definition
5.2. Trends
5.3. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Type, 2015 - 2025
5.2.1. Branch/feeder
5.2.2. Outlet
5.2.3. Combination
5.4. Type Comparison Matrix
5.5. Market Attractiveness: By Type
6. Global Arc Fault Circuit Interrupter Market Analysis and Forecasts, By Application
6.1. Overview & Definition
6.2. Trends
6.3. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Application, 2015 - 2025
6.2.1. Residential
6.2.2. Commercial/Industrial
6.4. Application Comparison Matrix
6.5. Market Attractiveness: By Application
7. Global Arc Fault Circuit Interrupter Market Analysis and Forecasts, By Region
7.1. Key Findings
7.2. Policies and Regulations
7.3. Trends
7.4. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast by Region, 2015 - 2025
7.4.1. North America
7.4.2. Europe
7.4.3. Asia Pacific
7.4.4. Middle East and Africa
7.4.5. South America
7.5. Market Attractiveness by Region
8. North America Arc Fault Circuit Interrupter Market Analysis and Forecast
8.1. Key Findings
8.2. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Type, 2015 - 2025
8.2.1. Branch/feeder
8.2.2. Outlet
8.2.3. Combination
8.3. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Application, 2015 - 2025
8.3.1. Residential
8.3.2. Commercial/Industrial
8.4. Arc Fault Circuit Interrupter Market Size (US$ Mn ) Forecast by Country, 2015 - 2025
8.4.1. The U.S.
8.4.2. Canada
8.4.3. Rest of North America
8.5. Market Attractiveness Analysis
8.5.1. By Type
8.5.2. By Application
8.5.3. By Country
9. Europe Arc Fault Circuit Interrupter Market Analysis and Forecast
9.1. Key Findings
9.2. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Type, 2015 - 2025
9.2.1. Branch/feeder
9.2.2. Outlet
9.2.3. Combination
9.3. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Application, 2015 - 2025
9.3.1. Residential
9.3.2. Commercial/Industrial
9.4. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast by Country, 2015 - 2025
9.4.1. Germany
9.4.2. France
9.4.3. UK
9.4.4. Rest of Europe
9.5. Market Attractiveness Analysis
9.5.1. By Type
9.5.2. By Application
9.5.3. By Country
10. Asia Pacific Arc Fault Circuit Interrupter Market Analysis and Forecast
10.1. Key Findings
10.2. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Type, 2015 - 2025
10.2.1. Branch/feeder
10.2.2. Outlet
10.2.3. Combination
10.3. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Application, 2015 - 2025
10.3.1. Residential
10.3.2. Commercial/Industrial
10.4. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Country, 2015 - 2025
10.4.1. China
10.4.2. India
10.4.3. Australia
10.4.4. Rest of Asia Pacific
10.5. Market Attractiveness Analysis
10.5.1. By Type
10.5.2. By Application
10.5.3. By Country
11. Middle East and Africa (MEA) Arc Fault Circuit Interrupter Market Analysis and Forecast
11.1. Key Findings
11.2. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Type, 2015 - 2025
11.2.1. Branch/feeder
11.2.2. Outlet
11.2.3. Combination
11.3. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Application, 2015 - 2025
11.3.1. Residential
11.3.2. Commercial/Industrial
11.4. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Country, 2015 - 2025
11.4.1. GCC Countries
11.4.2. South Africa
11.4.3. Rest of MEA
11.5. Market Attractiveness Analysis
11.5.1. By Type
11.5.2. By Application
11.5.3. By Country
12. South America Arc Fault Circuit Interrupter Market Analysis and Forecast
12.1. Key Findings
12.2. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Type, 2015 - 2025
12.2.1. Branch/feeder
12.2.2. Outlet
12.2.3. Combination
12.3. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Application, 2015 - 2025
12.3.1. Residential
12.3.2. Commercial/Industrial
12.4. Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast By Country, 2015 - 2025
12.4.1. Brazil
12.4.2. Rest of South America
12.5. Market Attractiveness Analysis
12.5.1. By Type
12.5.2. By Application
12.5.3. By Country
13. Competition Landscape
13.1. Market Player – Competition Matrix
13.2. Market Share Analysis: By Company (2016)
13.3. Company Profiles (Details – Overview, Financials, SWOT, Strategy)
13.3.1. Eaton
• Product Portfolio
• Geographical Presence
• SWOT
• Financial Overview
• Strategy
13.3.2. General Electric
• Product Portfolio
• Geographical Presence
• SWOT
• Financial Overview
• Strategy
13.3.3. Leviton Manufacturing Co., Inc.
• Product Portfolio
• Geographical Presence
• SWOT
• Financial Overview
• Strategy
13.3.4. Siemens Industry, Inc.
• Product Portfolio
• Geographical Presence
• SWOT
• Financial Overview
• Strategy
13.3.5. Schneider Electric
• Product Portfolio
• Geographical Presence
• SWOT
• Financial Overview
• Strategy
13.3.6. Legrand
• Product Portfolio
• Geographical Presence
• SWOT
• Financial Overview
• Strategy
14. Key Takeaways
List of Tables
Table 01: Global Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Application, 2015 – 2025
Table 02: Global Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Region, 2015 – 2025
Table 03: North America Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Type, 2015 – 2025
Table 04: North America Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Application, 2015 – 2025
Table 05: North America Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Country, 2015 – 2025
Table 06: Europe Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Type, 2015 – 2025
Table 07: Europe Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Application, 2015 – 2025
Table 08: Europe Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Country, 2015 – 2025
Table 09: Asia Pacific Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Type, 2015 – 2025
Table 10: Asia Pacific Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Application, 2015 – 2025
Table 11: Asia Pacific Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Country, 2015 – 2025
Table 12: MEA Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Type, 2015 – 2025
Table 13: MEA Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Application, 2015 – 2025
Table 14: MEA Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Country, 2015 – 2025
Table 15: South America Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Type, 2015 – 2025
Table 16: South America Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Application, 2015 – 2025
Table 17: South America Arc Fault Circuit Interrupter Market Revenue (US$ Mn) Forecast and CAGR, by Country, 2015 – 2025
List of Figures
Figure 01 Arc Fault Circuit Interrupter Market, Top Segments (2017)
Figure 02 Market Size, Indicative (US$ Mn)
Figure 03 Arc Fault Circuit Interrupter Market, Top Segments, By CAGR
Figure 04 Global Arc Fault Circuit Interrupter Market, by Region, 2025
Figure 05 Global Arc Fault Circuit Interrupter Market, Research Highlights
Figure 06: Home Fire Incidents, Civilian Deaths, and Civilian Injuries in the U.S. (2013–2015)
Figure 07: Direct Property Damage in the U.S. (2013–2015) (in US$ Bn)
Figure 08: Global Circuit Breaker and Fuses Market, 2013 – 2019, Revenue (US$ Bn) and Y-o-Y Growth (%)
Figure 09: Arc Fault Circuit Interrupter Market Size (US$ Mn) Forecast, 2015 – 2025
Figure 10: Arc Fault Circuit Interrupter Market Y-o-Y Growth (Value %) Forecast, 2015 – 2025
Figure 11: Arc Fault Circuit Interrupter Market
Figure 12: Porters Five Force Analysis
Figure 13: Global Arc Fault Circuit Interrupter Market CAGR by Type (2017 – 2025)
Figure 14: Global Arc Fault Circuit Interrupter Market CAGR by Region (2017 – 2025
Figure 15: Global Arc Fault Circuit Interrupter Market CAGR by Application (2017 – 2025)
Figure 16: Global Arc Fault Circuit Interrupter Market, By Type, Branch/feeder
Figure 17: Global Arc Fault Circuit Interrupter Market, By Type, Outlet
Figure 18: Global Arc Fault Circuit Interrupter Market, By Type, Combination
Figure 19: Global Arc Fault Circuit Interrupter Market Value Share Analysis, By Type, 2017 and 2025
Figure 20: Global Arc Fault Circuit Interrupter Market Comparison Matrix, By Type
Figure 21: Global Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Type
Figure 11: Arc Fault Circuit Interrupter Market
Figure 12: Porters Five Force Analysis
Figure 13: Global Arc Fault Circuit Interrupter Market CAGR by Type (2017 – 2025)
Figure 14: Global Arc Fault Circuit Interrupter Market CAGR by Region (2017 – 2025
Figure 15: Global Arc Fault Circuit Interrupter Market CAGR by Application (2017 – 2025)
Figure 16: Global Arc Fault Circuit Interrupter Market, By Type, Branch/feeder
Figure 17: Global Arc Fault Circuit Interrupter Market, By Type, Outlet
Figure 18: Global Arc Fault Circuit Interrupter Market, By Type, Combination
Figure 19: Global Arc Fault Circuit Interrupter Market Value Share Analysis, By Type, 2017 and 2025
Figure 20: Global Arc Fault Circuit Interrupter Market Comparison Matrix, By Type
Figure 21: Global Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Type
Figure 33: Global Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Region
Figure 34: North America Arc Fault Circuit Interrupter Market Value Share Analysis, By Type, 2017 and 2025
Figure 35: North America Arc Fault Circuit Interrupter Market Value Share Analysis, By Application, 2017 and 2025
Figure 36: North America Arc Fault Circuit Interrupter Market, By Country, U.S.
Figure 37: North America Arc Fault Circuit Interrupter Market, By Country, Canada
Figure 38: North America Arc Fault Circuit Interrupter Market, By Country, Rest of NA
Figure 39: North America Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Type
Figure 40: North America Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Application
Figure 41: North America Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Country
Figure 42: Europe Arc Fault Circuit Interrupter Market Value Share Analysis, By Type, 2017 and 2025
Figure 43: Europe Arc Fault Circuit Interrupter Market Value Share Analysis, By Application, 2017 and 2025
Figure 44: Europe Arc Fault Circuit Interrupter Market, By Country, U.K.
Figure 45: Europe Arc Fault Circuit Interrupter Market, By Country, Germany
Figure 46: Europe Arc Fault Circuit Interrupter Market, By Country, France
Figure 47: Europe Arc Fault Circuit Interrupter Market, By Country, Rest of Europe
Figure 48: Europe Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Type
Figure 49: Europe Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Application
Figure 50: Europe Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Country
Figure 51: Asia Pacific Arc Fault Circuit Interrupter Market Value Share Analysis, By Type, 2017 and 2025
Figure 52: Asia Pacific Arc Fault Circuit Interrupter Market Value Share Analysis, By Application, 2017 and 2025
Figure 53: Asia Pacific Arc Fault Circuit Interrupter Market, By Country, China
Figure 54: Asia Pacific Arc Fault Circuit Interrupter Market, By Country, India
Figure 55: Asia Pacific Arc Fault Circuit Interrupter Market, By Country, Australia
Figure 56: Asia Pacific Arc Fault Circuit Interrupter Market, By Country, Rest of Asia Pacific
Figure 57: Asia Pacific Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Type
Figure 58: Asia Pacific Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Application
Figure 59: Asia Pacific Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Country
Figure 60: MEA Arc Fault Circuit Interrupter Market Value Share Analysis, By Type, 2017 and 2025
Figure 61: MEA Arc Fault Circuit Interrupter Market Value Share Analysis, By Application, 2017 and 2025
Figure 62: MEA Arc Fault Circuit Interrupter Market, By Country, GCC
Figure 63: MEA Arc Fault Circuit Interrupter Market, By Country, South Africa
Figure 64: MEA Arc Fault Circuit Interrupter Market, By Country, Rest of MEA
Figure 65: MEA Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Type
Figure 66: MEA Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Application
Figure 67: MEA Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Country
Figure 68: South America Arc Fault Circuit Interrupter Market Value Share Analysis, By Type, 2017 and 2025
Figure 69: South America Arc Fault Circuit Interrupter Market Value Share Analysis, By Application, 2017 and 2025
Figure 70: South America Arc Fault Circuit Interrupter Market, By Country, Brazil
Figure 71: South America Arc Fault Circuit Interrupter Market, By Country, Rest of SA
Figure 72: South America Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Type
Figure 73: South America Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Application
Figure 74: South America Arc Fault Circuit Interrupter Market Attractiveness Analysis, By Country
Figure 75: Global Arc Fault Circuit Interrupter Market Share Analysis (2016)
Figure 76: Revenue (%), by Region (2016): Legrand SA
Figure 77: Revenue (US$ Bn) & Y-o-Y Growth (%), 2014–2016: Legrand SA
Figure 78: Revenue (%), by Region (2016): Schneider Electric SE
Figure 79: Revenue (US$ Bn) & Y-o-Y Growth (%), 2014–2016: Schneider Electric SE
Figure 80: Revenue (%), by Region (2016): General Electric Company
Figure 81: Revenue (US$ Bn) & Y-o-Y Growth (%), 2014–2016: General Electric Company
Figure 82: Revenue (%), by Region (2016): Eaton Corporation plc
Figure 83: Revenue (US$ Bn) & Y-o-Y Growth (%), 2014–2016: Eaton Corporation plc
Figure 84: Revenue (%), by Region (2016): Siemens AG
Figure 85: Revenue (US$ Bn) & Y-o-Y Growth (%), 2014–2016: Siemens AG
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ARC Fault Circuit Interrupter (AFCI) Market
