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Arc Flash Protection Market by Equipment (Personal Protective Equipment and Arc Flash Detection & Control System) by End Users (Infrastructure, Utilities, Oil & Gas, and Others): Global Industrial Perspective, Comprehensive Analysis, and Forecast, 2017 – 2023

Published Date: 07-May-2018 Category: Energy & Mining Report Format : PDF Pages: 120 Report Code: ZMR-2842 Status : Published

Global arc flash protection market expected to reach USD 2.50 billion in 2023, growing at a CAGR of 5.1% between 2018 and 2023. Major driving factors for the growth of arc flash protection market are an increase in the cost of the electrical network, substitution of existing electrical safety equipment and expansions of the developed sector in South East Asia.

Description

The report covers forecast and analysis for the arc flash protection market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2023 based on revenue (USD Billion). The study covers major driving forces and restraints for the arc flash protection market along with the impact they have on the demand within the forecast period. Additionally, the report provides the study of prospects available in the arc flash protection market on a global level. 

In order to give the users of this report a comprehensive view on the arc flash protection, we have included a detailed competitive scenario and equipment portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the arc flash protection market has also been included. The study comprehends a market attractiveness analysis, wherein bifurcations are paradigm based market size, growth rate and its attractiveness.

Global Arc Flash Protection Market

The study provides a decisive view on the arc flash protection market by segmenting the market based on equipment and end users. The segments covered in the study have been analyzed on the present and future trends and the market is estimated from 2018 to 2023. Key equipment segments covered under this study include personal protective equipment and arc flash detection & control system. On the basis of end users, the market has been segmented into infrastructure, utilities, oil & gas, and others. The regional segmentation includes the current and forecasted demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries such as the U.S., the U.K., France, Germany, China, India, Japan, and Brazil. This segmentation includes demand for Arc Flash Protection based on individual end-users in all the regions and countries.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Some of the major players involved in the global arc flash protection market include General Electric Company, Larsen & Toubro Limited, ABB Ltd, Siemens AG, Eaton Corporation, Arcteq Relay Ltd, NR Electric Co Ltd, Rittal GmbH & Co. KG, Schneider Electric SE, G&W Electric Company and Mors Smitt Technologies Inc.

This report segments the global arc flash protection market as follows: 

Arc Flash Protection Market: Equipment Analysis

  • Personal Protective Equipment
  • Arc Flash Detection & Control System 

Arc Flash Protection Market: End Users Analysis

  • Infrastructure
  • Utilities
  • Oil & Gas
  • Others 

Arc Flash Protection Market: Regional Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research scope
    • 1.3. Market Research Methodology
      • 1.3.1. Level 1: Primary Research
      • 1.3.2. Level 2: Secondary Research
      • 1.3.3. Level 3: Data Validation and Expert Panel Assessment
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global arc flash protection market, 2015 - 2023 (USD Billion)
    • 2.2. Global arc flash protection market: Snapshot
  •  
  • Chapter 3. Arc Flash Protection - Market Dynamics
    • 3.1. Introduction
      • 3.1.1. Classification of arc flash protection
      • 3.1.2. Key trend analysis
    • 3.2. Market Drivers
      • 3.2.1. Drivers of global arc flash protection market: Impact analysis
      • 3.2.2. Strong support from government bodies
    • 3.3. Market Restraints
      • 3.3.1. Restraints for global arc flash protection market: Impact analysis
      • 3.3.2. The high cost of installation
    • 3.4. Opportunities
      • 3.4.1. Emerging market in the Asia Pacific
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Attractiveness Investment Proposition
      • 3.6.1. Market attractiveness analysis by equipment segment
      • 3.6.2. Market attractiveness analysis by end-users segment
      • 3.6.3. Market attractiveness analysis by region segment
  •  
  • Chapter 4. Global Arc Flash Protection Market - Competitive Landscape
    • 4.1. Company market share analysis, 2017 (subject to data availability)
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Types Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.3. Research and Development, Types and Regional Expansion
  •  
  • Chapter 5. Global Arc Flash Protection Market - Equipment Analysis
    • 5.1. Arc flash protection market: Equipment segment analysis
      • 5.1.1. Global arc flash protection market share by equipment segment, 2017 - 2023
    • 5.2. Personal Protective Equipment
      • 5.2.1. Overview
      • 5.2.2. Global personal protective equipment market, 2015 - 2023, (USD Billion)
    • 5.3. Arc Flash Detection & Control System
      • 5.3.1. Overview
      • 5.3.2. Global arc flash detection & control system market, 2015 - 2023, (USD Billion)
  •  
  • Chapter 6. Global Arc Flash Protection Market: End-user Analysis
    • 6.1. Global arc flash protection market: an end-users overview
      • 6.1.1. Global arc flash protection market revenue share by end-users, 2017 and 2023
    • 6.2. Infrastructure
      • 6.2.1. Overview
      • 6.2.2. Global arc flash protection market for infrastructure, 2015 - 2023 (USD Billion)
    • 6.3. Utilities
      • 6.3.1. Overview
      • 6.3.2. Global arc flash protection market for utilities, 2015 - 2023 (USD Billion)
    • 6.4. Oil & Gas
      • 6.4.1. Overview
      • 6.4.2. Global arc flash protection market for oil & gas, 2015 - 2023 (USD Billion)
    • 6.5. Others
      • 6.5.1. Overview
      • 6.5.2. Global arc flash protection market for others end-users, 2015 - 2023 (USD Billion)
  •  
  • Chapter 7. Global Arc flash protection Market: Regional Analysis
    • 7.1. Global arc flash protection market: Regional overview
      • 7.1.1. Global arc flash protection market revenue share by region, 2017 and 2023
    • 7.2. North America
      • 7.2.1. Overview
      • 7.2.2. North America arc flash protection market revenue, by equipment, 2015 - 2023, (USD Billion)
      • 7.2.3. North America arc flash protection market revenue, by end-users, 2015 - 2023, (USD Billion)
      • 7.2.4. U.S.
        • 7.2.4.1. U.S. arc flash protection market revenue, by equipment, 2015 - 2023, (USD Billion)
        • 7.2.4.2. U.S. arc flash protection market revenue, by end-users, 2015 - 2023, (USD Billion)
    • 7.3. Europe
      • 7.3.1. Overview
      • 7.3.2. Europe arc flash protection market revenue, by equipment, 2015 - 2023 (USD Billion)
      • 7.3.3. Europe arc flash protection market revenue, by end-users, 2015 - 2023 (USD Billion)
        • 7.3.3.1. UK
          • 7.3.3.1.1. UK arc flash protection market revenue, by equipment, 2015 - 2023, (USD Billion)
          • 7.3.3.1.2. UK arc flash protection market revenue, by end-users, 2015 - 2023, (USD Billion)
        • 7.3.3.2. France
          • 7.3.3.2.1. France arc flash protection market revenue, by equipment, 2015 - 2023, (USD Billion)
          • 7.3.3.2.2. France arc flash protection market revenue, by end-users, 2015 - 2023, (USD Billion)
        • 7.3.3.3. Germany
          • 7.3.3.3.1. Germany arc flash protection market revenue, by equipment, 2015 - 2023, (USD Billion)
          • 7.3.3.3.2. Germany arc flash protection market revenue, by end-users, 2015 - 2023, (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Overview
      • 7.4.2. Asia Pacific arc flash protection market revenue, by equipment, 2015 - 2023 (USD Billion)
      • 7.4.3. Asia Pacific arc flash protection market revenue, by end-users, 2015 - 2023 (USD Billion)
      • 7.4.4. China
        • 7.4.4.1. China arc flash protection market revenue, by equipment, 2015 - 2023, (USD Billion)
        • 7.4.4.2. China arc flash protection market revenue, by end-users, 2015 - 2023, (USD Billion)
      • 7.4.5. Japan
        • 7.4.5.1. Japan arc flash protection market revenue, by equipment, 2015 - 2023, (USD Billion)
        • 7.4.5.2. Japan arc flash protection market revenue, by end-users, 2015 - 2023, (USD Billion)
      • 7.4.6. India
        • 7.4.6.1. India arc flash protection market revenue, by equipment, 2015 - 2023, (USD Billion)
        • 7.4.6.2. India arc flash protection market revenue, by end-users, 2015 - 2023, (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Overview
      • 7.5.2. Latin America arc flash protection market revenue, by equipment, 2015 - 2023 (USD Billion)
      • 7.5.3. Latin America arc flash protection market revenue, by end-users, 2015 - 2023 (USD Billion)
      • 7.5.4. Brazil
        • 7.5.4.1. Brazil arc flash protection market revenue, by equipment, 2015 - 2023, (USD Billion)
        • 7.5.4.2. Brazil arc flash protection market revenue, by end-users, 2015 - 2023, (USD Billion)
    • 7.6. Middle East and Africa
      • 7.6.1. Overview
      • 7.6.2. Middle East and Africa arc flash protection market revenue, by equipment, 2015 - 2023 (USD Billion)
      • 7.6.3. Middle East and Africa arc flash protection market revenue, by end-users, 2015 - 2023 (USD Billion)
  •  
  • Chapter 8. Company Profiles
    • 8.1. General Electric Company
      • 8.1.1. Company Overview
      • 8.1.2. Financials
      • 8.1.3. Equipment Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Larsen & Toubro Limited
      • 8.2.1. Company Overview
      • 8.2.2. Financials
      • 8.2.3. Equipment Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. ABB Ltd
      • 8.3.1. Company Overview
      • 8.3.2. Financials
      • 8.3.3. Equipment Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Siemens AG
      • 8.4.1. Company Overview
      • 8.4.2. Financials
      • 8.4.3. Equipment Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Eaton Corporation
      • 8.5.1. Company Overview
      • 8.5.2. Financials
      • 8.5.3. Equipment Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Developments
    • 8.6. Arcteq Relay Ltd
      • 8.6.1. Company Overview
      • 8.6.2. Financials
      • 8.6.3. Equipment Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Developments
    • 8.7. NR Electric Co Ltd
      • 8.7.1. Company Overview
      • 8.7.2. Financials
      • 8.7.3. Business Strategy
      • 8.7.4. Equipment Portfolio
      • 8.7.5. Recent Developments
    • 8.8. Rittal GmbH & Co. KG
      • 8.8.1. Company Overview
      • 8.8.2. Financials
      • 8.8.3. Business Strategy
      • 8.8.4. Equipment Portfolio
      • 8.8.5. Recent Developments
    • 8.9. Schneider Electric SE
      • 8.9.1. Company Overview
      • 8.9.2. Financials
      • 8.9.3. Business Strategy
      • 8.9.4. Equipment Portfolio
      • 8.9.5. Recent Developments
    • 8.10. G&W Electric Company
      • 8.10.1. Company Overview
      • 8.10.2. Financials
      • 8.10.3. Business Strategy
      • 8.10.4. Equipment Portfolio
      • 8.10.5. Recent Developments
    • 8.11. Mors Smitt Technologies Inc
      • 8.11.1. Company Overview
      • 8.11.2. Financials
      • 8.11.3. Business Strategy
      • 8.11.4. Equipment Portfolio
      • 8.11.5. Recent Developments

Methodology

Free Analysis

Arc flash is the outcome of a rapid discharge of energy suitable to an arcing fault connecting two-phase bus bars. Arc flash must be viewed as the last line of protection and provides protection after an arc flash incident has occurred. The first option reducing the frequency and strictness of the incidents can be achieved during complete arc flash hazard estimation. Application of technology such as high resistance grounding is to reduce the frequency and strictness of incidents. Equipment with installed arc flash protection devices provides equipment reliability as ensuring the safety of human resources working in the surrounding area.

Increase in cost of the electrical network, substitution of existing electrical safety equipment and expansions of the developed sector in South East Asia are expected to remain major driving factors for the growth in arc flash protection market. However, the additional cost of installation could be a restraining factor for the arc flash protection market. The high setup cost is a barrier for the growth of arc flash protection market. Nonetheless, the global arc flash protection market offers new growth opportunities, due to the substitution of arc flash protection devices in developed region, and to make an electrical system easier and safer to maintain.

On the basis of equipment, the global arc flash protection market is segmented into personal protective equipment and arc flash detection & control system. Arc flash detection & control system market segment held the largest market share in 2017. Additionally, it is expected to remain dominating segment over the future years due to growing huge demand across the globe. Arc flash control devices such as relay and current limiters installation increasing outside the electrical equipment which is expected to drive the arc flash control system segment during the forthcoming period.

Global Arc Flash Protection Market

On the basis of end users, the market is segmented into infrastructure, utilities, oil & gas, and others. Utility segment held the largest segment of the global arc flash protection market in 2017. Moreover, to improve power generation and advanced transmission and distribution quality growing demand for electricity has resulted in major capital expenditure. Thus, robust demand for electricity consumption especially in a developed region such as China, India, and Middle East countries are likely to propel the demand for utility end-uses over the coming years.

Based on regional segmentation, North America was the most attractive market for arc flash protection in 2017. Increasing focus towards protection issues and growing investments in the electrical infrastructure are driving the arc flash protection market in the region. Moreover, North America was followed by Europe and the Asia Pacific in the same year. In order to boost the power generation for electrical distribution in rising economies such as China, India, and Indonesia are expected to witness the exponential growth of the market in the Asia Pacific within the forecast period. The Middle East & Africa and Latin America are projected to experience moderate growth for arc flash protection in the next few years.

Some of the major players involved in the global arc flash protection market include General Electric Company, Larsen & Toubro Limited, ABB Ltd, Siemens AG, Eaton Corporation, Arcteq Relay Ltd, NR Electric Co Ltd, Rittal GmbH & Co. KG, Schneider Electric SE, G&W Electric Company and Mors Smitt Technologies Inc.

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