< Key Hightlight >
The global Portable Ground Fault Circuit Interrupter (GFCI) market was valued at 326.2 Million USD in 2020 and will grow with a CAGR of 4.72% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Portable Ground Fault Circuit Interrupter is used where installed GFCIs are not practical. One type contains the GFCI circuitry in a plastic enclosure with plug blades in the back and receptacle slots in the front. It can be plugged into a receptacle, then the electrical product is plugged into the GFCI. Another type of portable GFCI is an extension cord combined with a GFCI. It adds flexibility in using receptacles that are not protected by fixed GFCIs.Geographically, major Portable Ground Fault Circuit Interrupter (GFCI) consumption regions are Asia-Pacific, Europe and North America. Asia-Pacific was the largest market in the world, which accounting for about 35% market share in terms of value in 2019, followed by North America and Europe. Globally, the Portable Ground Fault Circuit Interrupter (GFCI) industry market is not that concentrated as the manufacturing technology of Portable Ground Fault Circuit Interrupter (GFCI) is relatively much more mature than some high-tech equipment. But some enterprises are still well-known for the wonderful performance of their Portable Ground Fault Circuit Interrupter (GFCI)s and related services. The leading five companies are MOLEX, Leviton Manufacturing Co, Tower Manufacturing, Hubbell and ELEGRP in the market occupies about 51% of the sales value shares in 2019. The major types of Portable Ground Fault Circuit Interrupter (GFCI) are Portable Power Outlet, Cord Sets and Safety Switch Plug Adapter. Cord Sets type is the dominated type, which accounting for about 42% market share in terms of value in 2019.
By Market Verdors:
MOLEX
Leviton Manufacturing Co
Tower Manufacturing
Hubbell
ELEGRP
Eaton
Kaper
Emerson
Legrand
Schneider
NANDAO
Ericson
Elektron Berlin
Lex Products
By Types:
Portable Power Outlet
Cord Sets
Safety Switch Plug Adapter
By Applications:
Construction Sites
Industrial Application
Commercial Application
Residential Application
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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