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Residual Current Devices Market Forecasts to 2032 – Global Analysis By Type (Type AC, Fully Type A, Type F, Type B and Other Types), Network, Battery Type, Technology, Application and By Geography

Publisher Stratistics Market Research Consulting
Published Apr 04, 2025
Length 200 Pages
SKU # SMR19909973

Description

According to Stratistics MRC, the Global Residual Current Devices Market is accounted for $3.4 billion in 2025 and is expected to reach $5.4 billion by 2032 growing at a CAGR of 7.0% during the forecast period. Residual Current Devices (RCDs) are vital safety mechanisms that protect against electric shock and minimize the risk of electrical fires by detecting leakage currents. They continuously monitor electrical circuits and quickly cut off the power supply if they sense an imbalance, which indicates current leakage to the ground. This swift action prevents harm from accidental contact with live components and protects electrical infrastructure from potential damage. Available in both fixed and portable versions, these devices provide reliable protection against electrical faults, making them indispensable in modern electrical systems to safeguard people and property.

According to a report published by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, US-based government agencies, in 2023, the number of privately owned dwelling units approved by building permits in May 2023 was 1,491,000 annually.

Market Dynamics:

Driver:

Growing demand for smart homes and automation

As smart homes integrate advanced electrical systems and IoT-enabled devices, the need for enhanced safety measures grows. RCDs play a crucial role in protecting these interconnected systems from electrical faults, ensuring reliability and safety. Automation in residential and commercial spaces further drives the adoption of RCDs, as these devices safeguard sensitive equipment and prevent power disruptions. This trend is expected to propel innovation and growth in the RCD market, aligning with the evolving needs of modern infrastructure.

Restraint:

Compatibility issues with old electrical systems

Many older systems lack the wiring or configurations necessary to support modern RCDs, leading to installation difficulties. Additionally, retrofitting these systems can incur substantial costs, deterring adoption in budget-constrained markets. This issue is particularly prevalent in regions with outdated residential and commercial buildings, limiting market penetration. As a result, the inability to seamlessly integrate with legacy setups hampers the widespread uptake of advanced RCD technologies.

Opportunity:

Advancements in smart and IoT-enabled RCDs

Smart and IoT-enabled RCDs allow for real-time monitoring, remote control, and integration with smart home systems, enhancing user convenience and safety. The incorporation of IoT technology enables predictive maintenance, reducing downtime and improving device reliability. Increasing consumer demand for automation and connected devices further accelerates the adoption of these advanced RCDs. As a result, manufacturers are investing heavily in research and development to capitalize on this trend, driving market expansion.

Threat:

Availability of alternative protection devices

Circuit breakers, surge protectors, and other safety mechanisms compete directly with RCDs, offering overlapping functionalities at potentially lower costs. Moreover, some alternatives require less frequent upgrades, appealing to cost-sensitive consumers and businesses. This competitive pressure challenges RCD manufacturers to differentiate their offerings through superior performance and value-added features hampering the market growth.

Covid-19 Impact:

The Covid-19 pandemic significantly influenced the Residual Current Devices market by accelerating the shift toward electrical safety upgrades. Lockdowns and remote working heightened awareness of home safety, prompting increased installations of RCDs in residential settings. However, supply chain disruptions initially delayed production and distribution, temporarily stunting market growth. Overall, the pandemic underscored the importance of reliable safety devices, positioning the market for sustained growth in the post-Covid era.

The type AC segment is expected to be the largest during the forecast period

The type AC segment is expected to account for the largest market share during the forecast period due to its widespread applicability in residential and commercial settings. These devices excel at detecting sinusoidal alternating currents, making them ideal for standard electrical loads like lighting and heating systems. Additionally, their cost-effectiveness and compliance with basic safety standards enhance their adoption across diverse regions. Hence, Type AC RCDs remain the preferred choice for general-purpose safety applications.

The electromechanical RCDs segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the electromechanical RCDs segment is predicted to witness the highest growth rate attributed to its reliability and affordability. These devices leverage mechanical components for fault detection, offering robust performance without reliance on complex electronics. Moreover, their suitability for harsh environments, such as industrial and outdoor settings and advancements in design has also improved their sensitivity and durability, attracting a broader customer base fuels their growing demand.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share propelled by rapid urbanization and industrialization. Countries like China and India are witnessing booming construction and manufacturing sectors, driving demand for electrical safety solutions. Additionally, supportive government policies and rising domestic consumption amplify market growth in this region. Hence, the region’s economic dynamism ensures its dominance in the global RCD landscape.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR driven by rigorous safety standards and technological innovation. The region’s sophisticated infrastructure supports the rapid integration of smart RCDs, accelerating market growth. Additionally, significant investments in modernizing electrical systems heighten demand for state-of-the-art safety solutions..

Key players in the market

Some of the key players in Residual Current Devices Market include ABB, Alstom, C&S Electric Limited, Eaton, General Electric, Gewiss S.p.A., Hager Group, Havells India Ltd., Honeywell International Inc, HPL Electric & Power Limited, Legrand, Mitsubishi Electric, Rockwell Automation, Inc, Schneider Electric, Siemens AG, Toshiba and WEG Industries.

Key Developments:

In March 2024, Schneider Electric introduced its latest smart residual current device (RCD) series with IoT-enabled monitoring for enhanced electrical safety. The new RCDs provide real-time fault detection and remote diagnostics, reducing downtime and improving operational efficiency.

In March 2024, Siemens launched an advanced Type B Residual Current Circuit Breaker (RCCB) designed to handle complex electrical loads in industrial and commercial applications. This device ensures protection against alternating and direct residual currents, catering to modern energy systems, including renewable power integration.

In February 2024, ABB announced the expansion of its residual current protection solutions with the launch of AI-powered leakage detection technology. The system enhances predictive maintenance by analyzing leakage trends and preventing electrical hazards in residential, commercial, and industrial settings.

Types Covered:
• Type AC
• Type A
• Type F
• Type B
• Other Types

Networks Covered:
• 2-Pole RCDs
• 3-Pole RCDs
• 4-Pole RCDs

Technologies Covered:
• Electromechanical RCDs
• Smart RCDs
• Electronic RCDs
• Other Technologies

Applications Covered:
• Residential
• Commercial
• Industrial
• Renewable Energy
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Table of Contents

200 Pages
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Residual Current Devices Market, By Type
5.1 Introduction
5.2 Type AC
5.3 Type A
5.4 Type F
5.5 Type B
5.6 Other Types
6 Global Residual Current Devices Market, By Network
6.1 Introduction
6.2 2-Pole RCDs
6.3 3-Pole RCDs
6.4 4-Pole RCDs
7 Global Residual Current Devices Market, By Technology
7.1 Introduction
7.2 Electromechanical RCDs
7.3 Smart RCDs
7.4 Electronic RCDs
7.5 Other Technologies
8 Global Residual Current Devices Market, By Application
8.1 Introduction
8.2 Residential
8.3 Commercial
8.4 Industrial
8.5 Renewable Energy
8.6 Other Applications
9 Global Residual Current Devices Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 ABB
11.2 Alstom
11.3 C&S Electric Limited
11.4 Eaton
11.5 General Electric
11.6 Gewiss S.p.A.
11.7 Hager Group
11.8 Havells India Ltd.
11.9 Honeywell International Inc
11.10 HPL Electric & Power Limited
11.11 Legrand
11.12 Mitsubishi Electric
11.13 Rockwell Automation, Inc
11.14 Schneider Electric
11.15 Siemens AG
11.16 Toshiba
11.17 WEG Industries
List of Tables
Table 1 Global Residual Current Devices Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global Residual Current Devices Market Outlook, By Type (2024-2032) ($MN)
Table 3 Global Residual Current Devices Market Outlook, By Type AC (2024-2032) ($MN)
Table 4 Global Residual Current Devices Market Outlook, By Type A (2024-2032) ($MN)
Table 5 Global Residual Current Devices Market Outlook, By Type F (2024-2032) ($MN)
Table 6 Global Residual Current Devices Market Outlook, By Type B (2024-2032) ($MN)
Table 7 Global Residual Current Devices Market Outlook, By Other Types (2024-2032) ($MN)
Table 8 Global Residual Current Devices Market Outlook, By Network (2024-2032) ($MN)
Table 9 Global Residual Current Devices Market Outlook, By 2-Pole RCDs (2024-2032) ($MN)
Table 10 Global Residual Current Devices Market Outlook, By 3-Pole RCDs (2024-2032) ($MN)
Table 11 Global Residual Current Devices Market Outlook, By 4-Pole RCDs (2024-2032) ($MN)
Table 12 Global Residual Current Devices Market Outlook, By Technology (2024-2032) ($MN)
Table 13 Global Residual Current Devices Market Outlook, By Electromechanical RCDs (2024-2032) ($MN)
Table 14 Global Residual Current Devices Market Outlook, By Smart RCDs (2024-2032) ($MN)
Table 15 Global Residual Current Devices Market Outlook, By Electronic RCDs (2024-2032) ($MN)
Table 16 Global Residual Current Devices Market Outlook, By Other Technologies (2024-2032) ($MN)
Table 17 Global Residual Current Devices Market Outlook, By Application (2024-2032) ($MN)
Table 18 Global Residual Current Devices Market Outlook, By Residential (2024-2032) ($MN)
Table 19 Global Residual Current Devices Market Outlook, By Commercial (2024-2032) ($MN)
Table 20 Global Residual Current Devices Market Outlook, By Industrial (2024-2032) ($MN)
Table 21 Global Residual Current Devices Market Outlook, By Renewable Energy (2024-2032) ($MN)
Table 22 Global Residual Current Devices Market Outlook, By Other Applications (2024-2032) ($MN)
Table 23 North America Residual Current Devices Market Outlook, By Country (2024-2032) ($MN)
Table 24 North America Residual Current Devices Market Outlook, By Type (2024-2032) ($MN)
Table 25 North America Residual Current Devices Market Outlook, By Type AC (2024-2032) ($MN)
Table 26 North America Residual Current Devices Market Outlook, By Type A (2024-2032) ($MN)
Table 27 North America Residual Current Devices Market Outlook, By Type F (2024-2032) ($MN)
Table 28 North America Residual Current Devices Market Outlook, By Type B (2024-2032) ($MN)
Table 29 North America Residual Current Devices Market Outlook, By Other Types (2024-2032) ($MN)
Table 30 North America Residual Current Devices Market Outlook, By Network (2024-2032) ($MN)
Table 31 North America Residual Current Devices Market Outlook, By 2-Pole RCDs (2024-2032) ($MN)
Table 32 North America Residual Current Devices Market Outlook, By 3-Pole RCDs (2024-2032) ($MN)
Table 33 North America Residual Current Devices Market Outlook, By 4-Pole RCDs (2024-2032) ($MN)
Table 34 North America Residual Current Devices Market Outlook, By Technology (2024-2032) ($MN)
Table 35 North America Residual Current Devices Market Outlook, By Electromechanical RCDs (2024-2032) ($MN)
Table 36 North America Residual Current Devices Market Outlook, By Smart RCDs (2024-2032) ($MN)
Table 37 North America Residual Current Devices Market Outlook, By Electronic RCDs (2024-2032) ($MN)
Table 38 North America Residual Current Devices Market Outlook, By Other Technologies (2024-2032) ($MN)
Table 39 North America Residual Current Devices Market Outlook, By Application (2024-2032) ($MN)
Table 40 North America Residual Current Devices Market Outlook, By Residential (2024-2032) ($MN)
Table 41 North America Residual Current Devices Market Outlook, By Commercial (2024-2032) ($MN)
Table 42 North America Residual Current Devices Market Outlook, By Industrial (2024-2032) ($MN)
Table 43 North America Residual Current Devices Market Outlook, By Renewable Energy (2024-2032) ($MN)
Table 44 North America Residual Current Devices Market Outlook, By Other Applications (2024-2032) ($MN)
Table 45 Europe Residual Current Devices Market Outlook, By Country (2024-2032) ($MN)
Table 46 Europe Residual Current Devices Market Outlook, By Type (2024-2032) ($MN)
Table 47 Europe Residual Current Devices Market Outlook, By Type AC (2024-2032) ($MN)
Table 48 Europe Residual Current Devices Market Outlook, By Type A (2024-2032) ($MN)
Table 49 Europe Residual Current Devices Market Outlook, By Type F (2024-2032) ($MN)
Table 50 Europe Residual Current Devices Market Outlook, By Type B (2024-2032) ($MN)
Table 51 Europe Residual Current Devices Market Outlook, By Other Types (2024-2032) ($MN)
Table 52 Europe Residual Current Devices Market Outlook, By Network (2024-2032) ($MN)
Table 53 Europe Residual Current Devices Market Outlook, By 2-Pole RCDs (2024-2032) ($MN)
Table 54 Europe Residual Current Devices Market Outlook, By 3-Pole RCDs (2024-2032) ($MN)
Table 55 Europe Residual Current Devices Market Outlook, By 4-Pole RCDs (2024-2032) ($MN)
Table 56 Europe Residual Current Devices Market Outlook, By Technology (2024-2032) ($MN)
Table 57 Europe Residual Current Devices Market Outlook, By Electromechanical RCDs (2024-2032) ($MN)
Table 58 Europe Residual Current Devices Market Outlook, By Smart RCDs (2024-2032) ($MN)
Table 59 Europe Residual Current Devices Market Outlook, By Electronic RCDs (2024-2032) ($MN)
Table 60 Europe Residual Current Devices Market Outlook, By Other Technologies (2024-2032) ($MN)
Table 61 Europe Residual Current Devices Market Outlook, By Application (2024-2032) ($MN)
Table 62 Europe Residual Current Devices Market Outlook, By Residential (2024-2032) ($MN)
Table 63 Europe Residual Current Devices Market Outlook, By Commercial (2024-2032) ($MN)
Table 64 Europe Residual Current Devices Market Outlook, By Industrial (2024-2032) ($MN)
Table 65 Europe Residual Current Devices Market Outlook, By Renewable Energy (2024-2032) ($MN)
Table 66 Europe Residual Current Devices Market Outlook, By Other Applications (2024-2032) ($MN)
Table 67 Asia Pacific Residual Current Devices Market Outlook, By Country (2024-2032) ($MN)
Table 68 Asia Pacific Residual Current Devices Market Outlook, By Type (2024-2032) ($MN)
Table 69 Asia Pacific Residual Current Devices Market Outlook, By Type AC (2024-2032) ($MN)
Table 70 Asia Pacific Residual Current Devices Market Outlook, By Type A (2024-2032) ($MN)
Table 71 Asia Pacific Residual Current Devices Market Outlook, By Type F (2024-2032) ($MN)
Table 72 Asia Pacific Residual Current Devices Market Outlook, By Type B (2024-2032) ($MN)
Table 73 Asia Pacific Residual Current Devices Market Outlook, By Other Types (2024-2032) ($MN)
Table 74 Asia Pacific Residual Current Devices Market Outlook, By Network (2024-2032) ($MN)
Table 75 Asia Pacific Residual Current Devices Market Outlook, By 2-Pole RCDs (2024-2032) ($MN)
Table 76 Asia Pacific Residual Current Devices Market Outlook, By 3-Pole RCDs (2024-2032) ($MN)
Table 77 Asia Pacific Residual Current Devices Market Outlook, By 4-Pole RCDs (2024-2032) ($MN)
Table 78 Asia Pacific Residual Current Devices Market Outlook, By Technology (2024-2032) ($MN)
Table 79 Asia Pacific Residual Current Devices Market Outlook, By Electromechanical RCDs (2024-2032) ($MN)
Table 80 Asia Pacific Residual Current Devices Market Outlook, By Smart RCDs (2024-2032) ($MN)
Table 81 Asia Pacific Residual Current Devices Market Outlook, By Electronic RCDs (2024-2032) ($MN)
Table 82 Asia Pacific Residual Current Devices Market Outlook, By Other Technologies (2024-2032) ($MN)
Table 83 Asia Pacific Residual Current Devices Market Outlook, By Application (2024-2032) ($MN)
Table 84 Asia Pacific Residual Current Devices Market Outlook, By Residential (2024-2032) ($MN)
Table 85 Asia Pacific Residual Current Devices Market Outlook, By Commercial (2024-2032) ($MN)
Table 86 Asia Pacific Residual Current Devices Market Outlook, By Industrial (2024-2032) ($MN)
Table 87 Asia Pacific Residual Current Devices Market Outlook, By Renewable Energy (2024-2032) ($MN)
Table 88 Asia Pacific Residual Current Devices Market Outlook, By Other Applications (2024-2032) ($MN)
Table 89 South America Residual Current Devices Market Outlook, By Country (2024-2032) ($MN)
Table 90 South America Residual Current Devices Market Outlook, By Type (2024-2032) ($MN)
Table 91 South America Residual Current Devices Market Outlook, By Type AC (2024-2032) ($MN)
Table 92 South America Residual Current Devices Market Outlook, By Type A (2024-2032) ($MN)
Table 93 South America Residual Current Devices Market Outlook, By Type F (2024-2032) ($MN)
Table 94 South America Residual Current Devices Market Outlook, By Type B (2024-2032) ($MN)
Table 95 South America Residual Current Devices Market Outlook, By Other Types (2024-2032) ($MN)
Table 96 South America Residual Current Devices Market Outlook, By Network (2024-2032) ($MN)
Table 97 South America Residual Current Devices Market Outlook, By 2-Pole RCDs (2024-2032) ($MN)
Table 98 South America Residual Current Devices Market Outlook, By 3-Pole RCDs (2024-2032) ($MN)
Table 99 South America Residual Current Devices Market Outlook, By 4-Pole RCDs (2024-2032) ($MN)
Table 100 South America Residual Current Devices Market Outlook, By Technology (2024-2032) ($MN)
Table 101 South America Residual Current Devices Market Outlook, By Electromechanical RCDs (2024-2032) ($MN)
Table 102 South America Residual Current Devices Market Outlook, By Smart RCDs (2024-2032) ($MN)
Table 103 South America Residual Current Devices Market Outlook, By Electronic RCDs (2024-2032) ($MN)
Table 104 South America Residual Current Devices Market Outlook, By Other Technologies (2024-2032) ($MN)
Table 105 South America Residual Current Devices Market Outlook, By Application (2024-2032) ($MN)
Table 106 South America Residual Current Devices Market Outlook, By Residential (2024-2032) ($MN)
Table 107 South America Residual Current Devices Market Outlook, By Commercial (2024-2032) ($MN)
Table 108 South America Residual Current Devices Market Outlook, By Industrial (2024-2032) ($MN)
Table 109 South America Residual Current Devices Market Outlook, By Renewable Energy (2024-2032) ($MN)
Table 110 South America Residual Current Devices Market Outlook, By Other Applications (2024-2032) ($MN)
Table 111 Middle East & Africa Residual Current Devices Market Outlook, By Country (2024-2032) ($MN)
Table 112 Middle East & Africa Residual Current Devices Market Outlook, By Type (2024-2032) ($MN)
Table 113 Middle East & Africa Residual Current Devices Market Outlook, By Type AC (2024-2032) ($MN)
Table 114 Middle East & Africa Residual Current Devices Market Outlook, By Type A (2024-2032) ($MN)
Table 115 Middle East & Africa Residual Current Devices Market Outlook, By Type F (2024-2032) ($MN)
Table 116 Middle East & Africa Residual Current Devices Market Outlook, By Type B (2024-2032) ($MN)
Table 117 Middle East & Africa Residual Current Devices Market Outlook, By Other Types (2024-2032) ($MN)
Table 118 Middle East & Africa Residual Current Devices Market Outlook, By Network (2024-2032) ($MN)
Table 119 Middle East & Africa Residual Current Devices Market Outlook, By 2-Pole RCDs (2024-2032) ($MN)
Table 120 Middle East & Africa Residual Current Devices Market Outlook, By 3-Pole RCDs (2024-2032) ($MN)
Table 121 Middle East & Africa Residual Current Devices Market Outlook, By 4-Pole RCDs (2024-2032) ($MN)
Table 122 Middle East & Africa Residual Current Devices Market Outlook, By Technology (2024-2032) ($MN)
Table 123 Middle East & Africa Residual Current Devices Market Outlook, By Electromechanical RCDs (2024-2032) ($MN)
Table 124 Middle East & Africa Residual Current Devices Market Outlook, By Smart RCDs (2024-2032) ($MN)
Table 125 Middle East & Africa Residual Current Devices Market Outlook, By Electronic RCDs (2024-2032) ($MN)
Table 126 Middle East & Africa Residual Current Devices Market Outlook, By Other Technologies (2024-2032) ($MN)
Table 127 Middle East & Africa Residual Current Devices Market Outlook, By Application (2024-2032) ($MN)
Table 128 Middle East & Africa Residual Current Devices Market Outlook, By Residential (2024-2032) ($MN)
Table 129 Middle East & Africa Residual Current Devices Market Outlook, By Commercial (2024-2032) ($MN)
Table 130 Middle East & Africa Residual Current Devices Market Outlook, By Industrial (2024-2032) ($MN)
Table 131 Middle East & Africa Residual Current Devices Market Outlook, By Renewable Energy (2024-2032) ($MN)
Table 132 Middle East & Africa Residual Current Devices Market Outlook, By Other Applications (2024-2032) ($MN)

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