Arc flash takes place when a short circuit or an electrical fault passes through the air gap between two electrodes. Arching may result in loss of property or even life. Therefore, it is important to install arc flash protection system and provide personal protective equipment. Thus, a majority of companies are taking firm decisions and installing arc flash protection systems. The increasing number of installation processes is likely to aid in the expansion of the global arc flash protection system market, predicts Fortune Business Insights™ in their recent report. The report is titled, “Arc Flash Protection System Market Size, Share & Industry Analysis, By Equipment (Personal Protective Equipment, Arc Flash Control System, Arc Flash Detection System), By Application (Utilities, Oil and Gas, Infrastructure, Manufacturing, Others) and Regional Forecasts, 2019-2026,” and it provides insights to the market in details.
Highlights of the Report
- A thorough overview of the arc flash protection system market
- Factors attracting, repelling, and challenging the market
- Interesting insights into the market and upcoming opportunities
- Detailed segmentation of the market
- List of significant players and key strategies adopted by them
- Other arc flash protection system market trends
Fortune Business Insights provides a detailed evaluation of the global market by analyzing factors driving the market. Besides this, it also discusses some of the economic trends prevailing in the energy and power industry. These trends are analyzed in the report to see an overall impact on the global market.
Key Questions Answered:
• What are the key technological and trends shaping the market?
• What are the key opportunities in the market?
• What are the key companies operating in the market?
• Which company accounted for the highest market share?
• Why Choose Fortune Business Insights?
• What is the market size and growth rate of the global and regional market by various segments?
• What is the market size and growth rate of the market for selective countries?
• Which region or sub-segment is expected to drive the market in the forecast period?
• What Factors are estimated to drive and restrain the Market growth?
Some of the significant industry developments of the arc flash protection system market are listed below:
April 2018 – Eaton, the power management giant, established new standards for enhanced arc flash protection systems. This latest arch extinguishing switchgear technology soaks an arc about ten times faster than the traditional methods of arc flash safety. This new system can also reduce downtime in healthcare, oil and gas, water, utility, wastewater, and other industrial applications.
November 2018 – Centurion Safety Products launched the clearest arc flash face protection system in Europe, namely Contour XIII. This new system permits a high level of safety with better wearability, visibility, and durability.
The list of key players of the arc flash protection system market includes:
- Rockwell Automation
- Arcteq Relays Ltd
- Paulson Manufacturing Corp.
- DEHN SE + Co KG
- NR Electric Co., Ltd.
- L&T Electrical & Automation
- Schneider Electric
Stringent Guidelines Laid by Safety Unions in various regions to Aid in Expansion of Market
From a geographical perspective, the global arc flash protection system market is attracting a significant share from North America. The governing body of the United States are namely the Occupational Safety and Health Administration (OSHA), is framing various safety regulations for preventing the loss of property or life. OSHA is consistently working on improving occupational safety to avoid electrical accidents. The guidelines laid by OSHA has to be followed by every company in the region. This is ultimately helping the overall arc flash protection system market growth in the region.
On the other side, European Union Workplace Health and Safety Directive (89/391/EEC) places an obligation on European company employees to assess and address the occupational health and safety of the employees. The EU Directive primarily emphasizes designing and risk analysis and to ensure that the working methods and practices are safe. The guidelines laid down by the European Union is helping this region witness progressive arc flash protection system market growth.
- By Type
- By Application
- By Geography
The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold.
- North America (The USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Content for Arc Flash Protection System Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- Middle East and Africa Market analysis, Insights and Forecast, 2015-2026
- Latin America Arc Flash Protection System Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Company Profile
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