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Thousands of accidents occur across the world due to electric arc or arcing, which ruins the expensive infrastructure and risking human life. There is an essential requirement for electrical safety. Both domestic and international standards refer to steps to be taken for protection against hazards from electrical equipment. Arc flash occurs due to an electrical fault or short circuit that passes through air gap between two electrodes.
Arching is very dangerous causing loss of property along with claims from employees in the event of accident or loss of life. Thus, it is essential to deploy arc flash protection system and provide personal protective equipment. Major companies are taking concrete steps to avoid electrical accidents and providing safety equipment to their employees. Hence, arc flash protection system is vital in constructing a safe workspace.
The arc flash protection system market is segmented into equipment and application. Equipment is further segmented into personal protective equipment, arc flash control system, arc flash detection system. Arc flash control system is experiencing rapid growth due to technological advancement and better communication technology between the power distribution system and the circuit breaker.
Key Market Driver -
Key Market Driver – Strict rules and regulation by government bodies to avoid electrical accidents
Key Market Restraint -
Key Market Restraint – Apathy among companies for investment towards safety system
The system allows interruption of current due to arcing to avoid loss of property and life. Arc flash protection system is used in numerous applications such as utility, oil & gas, infrastructure, manufacturing, and others. The utility segment is projected to dominate the application segment owing to the expansion of electricity transmission and distribution networks and growing capital expenditure in electricity generation.
Arcing is the primary cause behind electrical accidents around the world, which not only damages property but also there is a risk to human life. The government has made mandatory to follow directives drafted by independent safety and health regulating bodies. Hence, companies are opting for highly advanced technology, which assists in avoiding short circuits and provide a safe environment for their employees. These factors would accelerate the growth of the arc flash protection system market.
The lack of will among small and medium scale companies in developing countries to invest in safety equipment is going to hamper the arc flash protection system market. Also, the company has to bear the additional cost of providing safety equipment, and training is retarding the growth of the arc flash protection system market.
The prominent company operating in the arc flash protection system are Schneider Electric, Eaton, ABB, Siemens, Arcteq Relays Ltd, L&T Electrical & Automation, Littelfuse, NR Electric Co., Ltd, Grainger, DEHN SE + Co KG, Paulson Manufacturing Corp., and Rockwell Automation.
The global arc flash protection system market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Occupational Safety and Health Administration (OSHA) is the governing body of the United States for framing safety rules and regulations to prevent loss of life and property. The OSHA is persistently working on enhancing occupational safety to avoid electrical accidents. Every company has to follow standards defined by OSHA. Thus strict implementation of safety regulation and awareness among employees is bolstering the growth of the arc flash protection system market.
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In the European Union, the EU Workplace Health and Safety Directive (89/391/EEC) places an onus on employers to address and assess the occupational safety and health of the employees. Under the EU directive, the emphasis is on risk analysis and on designing and ensuring safe working practices and methods. Therefore, it is obligatory for companies to provide safety equipment and adopt a high level of standards which expected to fuel the growth of the arc flash protection system market. The Asia Pacific is one of the promising markets for the growth of the arc flash protection system owing to expansion of grid infrastructure and electrification projects.
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