Press release
Arc Flash Protection Market Expected to Grow at a Steady CAGR by 2022
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
Browse Report: https://www.scalarmarketresearch.com/market-reports/arc-flash-protection-market
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