Arc Flash Protection Market, by Equipment (Arc Flash Detection System, Arc Flash Control System, Personal Protective Equipment), End-User (Utilities, Manufacturing and Processing, Oil & Gas, Transportation and Infrastructure) – Global Revenue, Trends, Growth, Share, Size, and Forecast To 2022

Chicago, IL -- (SBWire) -- 08/14/2017 --Arc flash is an accidental observable fact, where electric current flashover leaves its way and flows from one conductor to the ground or to other conductor. Often, the result of this mishap is violent; it may cause perilous injury or even death if a human is in vicinity of this arc flash. Basically, arc flash systems protection is an equipment or system used for identifying and alleviating the hazards of arc flash. Arc flash is considered to be main cause of injuries owing to various electrical accidents occurring at construction, manufacturing, and industrial sites. Hazards due to arc flash are chiefly caused by deterioration or corrosion or of equipment, accumulation of dust leading to equipment and material failure, faulty installation and condensation.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the arc flash protection market. The scope of this report covers the arc flash protection market by its major segments, which include the types, applications, and the major geographic regions.

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Regionally, the global arc flash protection market is segmented into Europe, North America, Asia-Pacific, Middle East & Africa and Latin America. Among these, North America region in past few years is dominating the global arc flash protection market. Growing awareness associated with the safety of consumers and increasing expenditure done by multinational companies on safety equipment are estimated to boost the market growth of arc flash protection over the forecast period. However, escalating investment done in distribution of electrical network for driving the scenario of power generation in various emerging economies is likely to boost the market demand of arc flash protection in the coming years.

MARKET SEGMENTATION

This report analyzes the arc flash protection market by the following segments:

Arc Flash Protection Market, by Equipment

1. Arc Flash Detection System
2. Arc Flash Control System
3. Personal Protective Equipment

Arc Flash Protection Market, by End-Users

1. Utilities
2. Manufacturing and Processing
3. Oil & Gas
4. Transportation and Infrastructure
5. Others

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