Arc Flash Protection Market is expected to grow at a significant CAGR in the period from 2021 to 2027. The market is expected to be driven by factors such as increased investment in electrical networks, a growing manufacturing sector, and various fire safety regulations set by the Occupational Safety and Health Administration (OSHA) and the National Fire Protection Association (NFPA) of the United States. Even though various policies and attempts have been made to reduce electrical accidents and increase the use of arc flash protection systems, factors such as high product and maintenance costs are projected to act as a barrier to the market’s growth over the forecast period.
The government of the United Arab Emirates (UAE) is focusing on increasing the manufacturing sector’s contribution to the country’s GDP. With investment opportunities in the oil and gas industry dwindling, the country is looking to diversify into other industries, such as manufacturing.
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A full report of Global Arc Flash Protection Market is available at: https://www.orionmarketreports.com/arc-flash-protection-market/26708/
The following Segmentation are covered in this report:
By Equipment
- Arc Flash Detection
- Arc Flash Control System
- Personal Protective Equipment
By End-User
- Utilities
- Oil & Gas
- Manufacturing & Processing
- Transportation & Infrastructure
- Others
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Arc Flash Protection Market.
- The market share of the global Arc Flash Protection Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Arc Flash Protection Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Arc Flash Protection Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
