What is Arc Flash Protective Clothing Market Scope?
Arc flash is a phenomenon in which an electric current flashover from one conductor to another or to ground and travels through the air. An arc flash can result in mild injuries, third-degree burns, death, and other ailments such as blindness, hearing loss, nerve damage, and cardiac arrest. When the victim is many feet away from the arc, fatal burns can occur. Arc flash PPE is arc-rated personal protective equipment used by employees conducting maintenance on both electrified and de-energized equipment, and it is the final line of protection against arc flash injuries.
Influencing Trend:
Increasing Investment in Electrical Networks
Market Growth Drivers:
Prevalence of Arc Flash incidents, Rising Safety Awareness and Stringent Norms Associated to Labor Safety
Challenges:
Fierce Competitive Pressure and Quality Compatibility
Restraints:
Additional Maintenance Costs and Lack of Implementational Framework
Opportunities:
Replacement and Upgradation of Arc Flash Protection Devices Across Regions
The Arc Flash Protective Clothing market study is being classified by Type (Arc Flash Detection System, Arc Flash Control System and Personal Protective Equipment), by Application and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Arc Flash Protective Clothing market throughout the predicted period.
ABB, Ltd. (Switzerland), Honeywell International Inc. (United States), Arcteq Relays, Ltd. (Finland), General Electric (United States), Schneider Electric (France), Eaton Corporation (Ireland), Siemens AG (Germany), Larsen & Toubro, Ltd. (India), Littelfuse, Inc. (United States) and NR Electric Co., Ltd. (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Thorne & Derrick (United Kingdom), NexG Apparels LLP. (India), Tarasafe. (India), NSA - National Safety Apparel (United States) and Arcflash LLC (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Arc Flash Protective Clothing market by Type, Application and Region.
On the basis of geography, the market of Arc Flash Protective Clothing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region hold largest market share in the year 2022.
Market Influencers and their Development Strategies
On 8th December, 2020 - Bova Safety Group Launched Innovative Range of ARC Flash PPE. The New Series Is Aimed to Offer the Finest Balance of Inherent Protection Against the Risks of An Arc Flash While Remaining Lightweight, Comfortable, And Durable. and On 1st October, 2019 – ProGARM Introduced New Arc Flash Coverall,” 4658 Two-Tone Coverall”. The 4658 Includes A Variety of Customizable Components, Well-Designed Pockets, And an Ergonomic Design for Usage with A Harness, Making It Ideal for Both Utilitarian and Rail Applications.
Key Target Audience
Industrial Clothing Manufactures, New Entrants and Investors, Industrial Clothing Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Arc Flash Protective Clothing Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Arc Flash Protective Clothing Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Arc Flash Protective Clothing industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.