Global Arc Fault Circuit Interrupter (AFCI) Market Growth 2019-2024

An Arc Fault Circuit Interrupter (AFCI) is a circuit breaker that breaks the circuit when it detects an electric arc in the circuit it protects to prevent electrical fires. An AFCI selectively distinguishes between a harmless arc (incidental to normal operation of switches, plugs, and brushed motors), and a potentially dangerous arc (that can occur, for example, in a lamp cord which has a broken conductor).
Japan was the largest revenue market with a market share of 30.50% in 2015 and 28.38% in 2017 with an increase of -2.12 %. China and India ranked the second and third market with the market share of 24.87% and 9.11% in 2016.
Arc Fault Circuit Interrupter companies are mainly from Europe and United States, the industry concentrate rate is high. The top three companies are ABB, Eaton and GE, with the revenue market share of 16.97%, 14.24% and 16.04% in 2016.
The growth of the Arc Fault Circuit Interrupter market is largely driven by downstream applications. What is more, governments of numerous countries are encouraging the adoption of new kinds of coatings as they are eco-friendly and cost-efficient.

According to this study, over the next five years the Arc Fault Circuit Interrupter (AFCI) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Arc Fault Circuit Interrupter (AFCI) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Arc Fault Circuit Interrupter (AFCI) market by product type, application, key manufacturers and key regions and countries.

This study considers the Arc Fault Circuit Interrupter (AFCI) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Branch/Feeder AFCI
Combination AFCI (CAFCI)
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential Sector
Commercial/Industrial Sector

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Schneider Electric

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Arc Fault Circuit Interrupter (AFCI) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Arc Fault Circuit Interrupter (AFCI) market by identifying its various subsegments.
Focuses on the key global Arc Fault Circuit Interrupter (AFCI) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Arc Fault Circuit Interrupter (AFCI) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Arc Fault Circuit Interrupter (AFCI) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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