Arc Fault Circuit Interrupter Market

The primary function of an Arc Fault Circuit Interrupters (AFCI) is to detect and identify dangerous grounding, parallel, and series Arc faults, and to actuate the device that disconnects the current in time to avoid electrical fire. When an arc fault occurs, because the current intensity is small, lower than the set value of the overcurrent protection widely installed in the power system, especially in the low-voltage distribution field, the installation of AFCI arc fault circuit breaker in the distribution line terminal can detect the arc in time and cut off the circuit, effectively reducing the loss caused by the arc.

Arc Fault Circuit Interrupter Market contains market size and forecasts of Arc Fault Circuit Interrupter (AFCI) in global, including the following market information:

Global Arc Fault Circuit Interrupter (AFCI) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Arc Fault Circuit Interrupter (AFCI) Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Arc Fault Circuit Interrupter (AFCI) companies in 2021 (%)

The global Arc Fault Circuit Interrupter (AFCI) market was valued at 4152.6 million in 2021 and is projected to reach US$ 4742 million by 2028, at a CAGR of 1.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Branch/Feeder Type Arc Fault Circuit Breakers Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Arc Fault Circuit Interrupter (AFCI) include Schneider Electric, ABB, Eaton, Siemens, Leviton, JIYE ELECTRIC, FZKCA and Chengyang, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Arc Fault Circuit Interrupter (AFCI) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Arc Fault Circuit Interrupter (AFCI) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Arc Fault Circuit Interrupter (AFCI) Market Segment Percentages, by Type, 2021 (%)

Branch/Feeder Type Arc Fault Circuit Breakers

Combined AFCI (CAFCI)

Other

Global Arc Fault Circuit Interrupter (AFCI) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Arc Fault Circuit Interrupter (AFCI) Market Segment Percentages, by Application, 2021 (%)

Residential Sector

Commercial/Industrial Sector

Global Arc Fault Circuit Interrupter (AFCI) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Arc Fault Circuit Interrupter (AFCI) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Arc Fault Circuit Interrupter (AFCI) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Arc Fault Circuit Interrupter (AFCI) revenues share in global market, 2021 (%)

Key companies Arc Fault Circuit Interrupter (AFCI) sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Arc Fault Circuit Interrupter (AFCI) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Schneider Electric

ABB

Eaton

Siemens

Leviton

JIYE ELECTRIC

FZKCA

Chengyang