세계 접지 장비 시장 규모는 2024년 55억 달러에 달했습니다. 향후 IMARC Group은 2033년까지 시장 규모가 84억 달러에 달해 2025년부터 2033년까지 4.62%의 연평균 성장률(CAGR)을 기록할 것으로 예측했습니다. 고전압 장비가 필요한 태양광 및 풍력발전 프로젝트의 증가, 주거, 상업 및 산업 시설에서 신뢰할 수 있고 효과적인 전기 접지 솔루션에 대한 수요 증가, 지속적인 기술 발전 등이 시장 성장을 촉진하는 요인 중 일부입니다.
건설 및 인프라 프로젝트 확대
신흥국의 도시화가 가속화되면서 주거용, 상업용, 산업용 건물에서 신뢰할 수 있고 효과적인 전기 접지 솔루션에 대한 필요성이 증가하고 있습니다. 새로운 건물에는 안전과 엄격한 전기 안전 규정 준수를 보장하는 강력한 접지 장비가 필요합니다. 또한, 고속도로, 철도, 공항 등 기존 인프라를 확장 및 개선할 때 더 높은 전기 부하를 처리하고 중단 없는 전력 공급을 보장하기 위해 고도의 접지 솔루션이 필요합니다. 건설 및 인프라 프로젝트에서 신뢰할 수 있는 접지 시스템에 대한 요구가 증가하면서 접지 장비 시장의 성장을 뒷받침하고 있습니다. 2023년 중국 국가발전개혁위원회(NDRC)는 새로 발행된 국채를 재원으로 하는 인프라 프로젝트의 첫 번째 세트를 공개했습니다. 이 프로젝트는 베이징-톈진-허베이 지역의 홍수 후 지역 복구에 집중되어 있으며, 홍수 통제 및 방재 개선으로 구성되어 있습니다.
기술 발전
현재 전기 시스템의 안전과 효율성을 보장하기 위해서는 고도의 보호 메커니즘이 필수적입니다. 고속 접지 스위치와 최첨단 보호 시스템의 융합과 같은 새로운 발전으로 아크 오류를 빠르고 효율적으로 제어할 수 있는 능력이 향상되고 있습니다. 이러한 개선은 전기적 위험 가능성을 줄이고, 장비의 손상을 줄이며, 원활한 작동을 유지하여 안전성을 향상시킵니다. 또한, 접지 시스템에 스마트 기술을 도입하면 효율성이 향상되고, 설치가 간소화되며, 비용이 절감됩니다. 새로운 전기 인프라 및 현재의 전기 인프라에서 신뢰할 수 있는 접지 시스템에 대한 요구가 증가함에 따라 보다 지능적이고 효율적이며 비용을 절감할 수 있는 솔루션이 개발되고 있습니다. 이러한 혁신은 최신 접지 장비 시장 동향을 반영한 것으로, 진화하는 안전 및 성능 기준을 충족하는 스마트 기술 통합에 중점을 두고 있습니다. 2023년, ABB는 초고속 접지 스위치(UFES)와 Relion 기술을 통합하여 아크 보호 기능을 강화한 새로운 제품을 출시했습니다. 이 지능적이고 경제적인 솔루션은 ABB의 아크 보호에 대한 선택의 폭을 넓히고 안전성과 신뢰성을 향상시키는 동시에 설치의 복잡성과 비용을 줄였습니다. 이 새로운 조합은 신규 및 기존 스위치기어 애플리케이션에 대해 보다 신속하고 효율적인 아크 오류 완화를 제공하도록 설계되었습니다.
재생에너지 프로젝트 증가
태양광 및 풍력발전 프로젝트가 증가함에 따라 이러한 설비의 특수한 요구 사항을 처리할 수 있는 특수 접지 솔루션에 대한 수요가 증가하고 있습니다. 재생에너지 시스템은 일반적으로 고전압 장비가 필요하고 날씨 변화에 영향을 받기 때문에 안전과 효율성을 보장하기 위해 강력하고 신뢰할 수 있는 접지 시스템이 필요합니다. 또한, 청정에너지 도입을 장려하는 정부의 장려책과 정책은 재생에너지 프로젝트에 대한 투자로 이어져 첨단 접지 장비의 수요를 더욱 촉진하고 있습니다. 2024년 타타전력은 재생에너지 자산 확대와 송배전 사업 개선을 위해 2024-25년도에 ₹&20,000 crore를 지출할 의향을 밝혔습니다. 이 회사의 회장은 2023-24년도에 ₹&12,000크로를 지출한 후 이 투자가 이루어질 것이라고 발표했습니다. 이 회사는 타밀나두 주에 4.3GW의 태양광발전 제조 시설을 설립하여 청정에너지 용량을 15GW까지 끌어올릴 계획입니다. 또한, 타타파워는 전기자동차(EV) 충전 인프라와 태양광 옥상 벤처기업 육성에 주력했습니다.
The global earthing equipment market size reached USD 5.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 8.4 Billion by 2033, exhibiting a growth rate (CAGR) of 4.62% during 2025-2033. The growing number of solar and wind energy projects requiring high-voltage equipment, rising need for dependable and effective electrical grounding solutions in residential, commercial, and industrial buildings, and continuous technological advancements are some of the factors impelling the market growth.
Growing Construction and Infrastructure Projects
With urbanization speeding up in emerging economies, there is an increase in the need for dependable and effective electrical grounding solutions in residential, commercial, and industrial buildings. New buildings need strong earthing equipment to guarantee safety and adherence to strict electrical safety regulations. Additionally, advanced earthing solutions are required for handling higher electrical loads and ensuring uninterrupted power supply when expanding and upgrading existing infrastructure like highways, railways, and airports. The increasing need for reliable grounding systems in construction and infrastructure projects is supporting the earthing equipment market growth. In 2023, the National Development and Reform Commission (NDRC) of China revealed its initial set of infrastructure projects funded by newly issued government bonds. These projects concentrated on restoring areas following floods in the Beijing-Tianjin-Hebei area and consisted of improvements in flood control and disaster prevention.
Technological Advancements
Advanced protection mechanisms are essential for ensuring safety and efficiency in current electrical systems. New advancements such as merging high-speed grounding switches with cutting-edge protection systems improve the ability to quickly and efficiently control arc faults. These improvements increase safety by lowering the chance of electrical dangers, decreasing equipment damage, and maintaining smooth operations. Moreover, the incorporation of smart technologies in grounding systems enhances efficiency, streamlines installation, and decreases expenses. The growing need for dependable earthing systems in new and current electrical infrastructure is leading to the development of more intelligent, efficient, and cost-saving solutions. These innovations reflect the latest earthing equipment market trends, emphasizing the integration of smart technologies to meet evolving safety and performance standards. In 2023, ABB introduced a novel product that integrated its ultra-fast earthing switch (UFES) with Relion technology to enhance arc protection. This intelligent, economical solution expanded ABB's choices for arc protection, improving safety and dependability while decreasing the complexity and expenses of installation. The new mix was designed to offer quicker and more efficient arc fault mitigation for new and current switchgear applications.
Rise in Renewable Energy Projects
The increasing number of solar and wind energy projects is driving the demand for specialized grounding solutions that can handle the unique requirements of these installations. Renewable energy systems commonly need high-voltage equipment and must have strong and dependable earthing systems to ensure safety and efficiency, as they are affected by changing weather conditions. Additionally, government incentives and policies encouraging clean energy adoption are leading to investments in renewable projects, further driving the advanced earthing equipment demand. In 2024, Tata Power revealed its intention to spend ₹20,000 crore in FY2024-25 to broaden its renewable energy assets and improve its transmission and distribution operations. The chairman of the company announced that this investment would come after a ₹12,000 crore spending in FY2023-24. The company planned to raise its clean energy capacity to 15 GW by establishing a 4.3 GW solar manufacturing facility in Tamil Nadu. Furthermore, Tata Power concentrated on growing the infrastructure for electric vehicle (EV) charging and solar rooftop ventures.
CI flat accounts for the majority of the market share
CI flat accounts for the majority of the market share because of its extensive usage and demonstrated dependability in various applications. CI flat is popular due to its great electrical conduction, long-lasting quality, and affordability, making it a top pick for industrial and residential grounding systems. The robust nature of CI flat ensures long-term performance with minimal maintenance, which is crucial for maintaining safety standards in electrical systems. Moreover, the growing infrastructure projects and industrial growth are driving the demand for CI flat. The extensive usage and reliability of CI flat notably contributes to the overall earthing equipment market size, making it a dominant segment in the industry. In March 2024, the Prime Minister of India launched and laid the groundwork for connectivity ventures totaling INR 15,400 crores in Kolkata. The plans involved various Metro segments like Howrah Maidan-Esplanade and Taratala-Majerhat, in addition to expansions for Pune Metro, Kochi Metro, and Agra Metro. These advancements were focused on improving movement within cities and easing traffic congestion on roads.
Industrial holds the largest share of the industry
Industrial represents the largest segment as per the earthing equipment market outlook due to the growing demand for dependable earthing solutions in diverse industrial uses. Industries like manufacturing, oil and gas, power generation, and telecommunications need sophisticated earthing systems to guarantee the safety and effectiveness of their activities. In industrial environments with complex infrastructure and high electrical loads, reliable earthing equipment is crucial to avoid electrical hazards and protect equipment from damage. The ongoing industrialization, particularly in developing countries, is driving the need for earthing equipment in this sector.
Asia Pacific leads the market, accounting for the largest earthing equipment market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for earthing equipment.
Asia Pacific holds the biggest market share due to the rapid pace of industrialization and rising focus on infrastructure development. The growing investments in renewable energy initiatives and expanding electrical networks, is driving the need for efficient earthing solutions in the region. Moreover, the increasing awareness about electrical safety standards and stringent government regulations are bolstering the market growth. Furthermore, the rising awareness about electrical safety standards and stringent government regulations are increasing the earthing equipment market value in the region. The IndoMach industrial machinery and engineering trade fair, held from June 21-23, 2024, in Hyderabad, attracted over 5,000 visitors on its second day. The event showcased more than 750 live machinery and 900 brands, including Ashlok Earthing, a manufacturer of earthing and lightning products. The fair featured cutting-edge technologies across various industrial applications, such as automation, robotics, and heavy machinery. The exhibition highlighted innovations and products from both national and international exhibitors. Additionally, discounts on cutting-edge products and services were offered throughout the exhibition.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)