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According to this latest study, the growth in the Direct Current Arc Fault Circuit Interrupter (AFCI) market will change significantly from the previous year. Over the next five years, Direct Current Arc Fault Circuit Interrupter (AFCI) will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.
An arc-fault circuit interrupter (AFCI) or arc-fault
detection device (AFDD) is a circuit breaker that breaks the circuit when it
detects the electric arcs that are a signature of loose connections in home
wiring. Loose connections, which can develop over time, can sometimes become
hot enough to ignite house fires. AFCI protection is not required for outlets
located outside or in garages or bathroom areas. (B) All 15A or 20A, 120V
branch circuits supplying outlets in dormitory unit bedrooms, living rooms,
hallways, closets, bathrooms, or similar areas. AFCI protection is currently
required for all 15 and 20 amp branch circuits providing power to outlets in
residential family rooms, dining rooms, living rooms, parlors, libraries, dens,
bedrooms, sunrooms, recreation rooms, closets, hallways, and similar rooms or
areas.
The comprehensive report of the Direct Current Arc
Fault Circuit Interrupter (AFCI) will analyse data changes and their impact on
the market at the global level. It also analyses the overall growth of companies
in the market and their abilities to manage and control profit levels, which is
highly important to any investor wishing to open and expand a company within
the same market.
Read
the Report @: https://introspectivemarketresearch.com/reports/direct-current-arc-fault-circuit-interrupter-afci--market/
Key
Players Covered in Direct Current Arc Fault Circuit Interrupter (AFCI) Market
Are:
Eaton, Siemens, SolarBOS, Santon,
Fonrich, ABB
Market has segmented the Direct Current Arc Fault Circuit
Interrupter (AFCI) market on the basis of type, application, and region:
By Type:
·
Max. string voltage
·
Max. string voltage ?1000VDC
By
Application:
·
Solar Photovoltaics
· Commercial and Industrial
Regions and Countries Covered
·
North America (U.S., Canada, Mexico)
·
Europe (Germany, U.K., France, Italy,
Russia, Spain, Rest of Europe)
·
Asia-Pacific (China, India, Japan,
Southeast Asia, Rest of APAC)
·
Middle East & Africa (GCC Countries,
South Africa, Rest of MEA)
·
South America (Brazil, Argentina, Rest of
South America)
COVID-19
Impact Direct Current Arc Fault Circuit Interrupter (AFCI) market
The COVID-19 pandemic has had devastating effects on
several industry verticals globally. To constrain the number of cases and slow
the coronavirus spread, various public health guidelines were implemented in
different countries across the globe. COVID-19 protocols ranging from declaring
national emergency states, enforcing stay-at-home orders, closing nonessential
business operations and schools, banning public gatherings, imposing curfews,
distributing digital passes, and allowing police to restrict citizen movements
within a country, as well as closing international borders. With the growing
vaccination rate, governments are uplifting the protocols to give a boost to
the stagnant economy. Like other industries, Direct Current Arc Fault Circuit
Interrupter (AFCI) Market have experienced slowdown the growth, however market
is expected bounce back as restrictions are being lifted up by governments
across the globe.
Key
Benefits for Industry Participants & Stakeholders:
·
Industry drivers, restraints, and
opportunities covered in the study
·
Neutral perspective on the market
performance
·
Recent industry trends and developments
·
Competitive landscape & strategies of
key players
·
Potential & niche segments and regions
exhibiting promising growth covered
·
Historical, current, and projected market
size, in terms of value
· In-depth analysis of the Dc Arc Fault Circuit Breaker (AFCI) Market
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