Global Direct Current Arc Fault Circuit Interrupter (AFCI) market is expected to reach 309.79 million USD by the end of 2025

Publisher: QYResearch

Published Date: 2018/10/24

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).

The global Direct Current Arc Fault Circuit Interrupter (AFCI) market is valued at 65.31 million USD in 2017 and is expected to reach 309.79 million USD by the end of 2025, growth rate at a CAGR of 21.48% between 2017 and 2025.

North America has the largest global export quantity and manufacturers in Direct Current Arc Fault Circuit Interrupter (AFCI) market, while the Europe is the second sales volume market for Direct Current Arc Fault Circuit Interrupter (AFCI) in 2017. The main driver of North America is that National Electrical Code® 2011 Edition (2011 NEC) sets new requirements for photovoltaic (PV) systems installed on or penetrating a building. These requirements apply to newly installed PV systems with a maximum voltage of 80 volts or greater. Such PV systems must be equipped with direct current (DC) arc-fault circuit protection.

In the industry, Eaton profits most in 2017 and recent years, while Siemens and ABB ranked 2 and 3.The market share of them is 43.24%, 28.57% and 14.50% in 2017.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are two mainly types of Direct Current Arc Fault Circuit Interrupter (AFCI), including Max. string voltage <1000VDC and Max. string voltage ≥1000VDC is the main type for Direct Current Arc Fault Circuit Interrupter (AFCI), and the Max. string voltage ≥1000VDC reached a sales volume of approximately 416.42 K Unit in 2017, with 80.88% of global sales volume.

Direct Current Arc Fault Circuit Interrupter (AFCI) technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

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