GFCI Market Set to Reach USD 4.07 Billion by 2030 at 7.01% CAGR
Ensuring a Safer Future: Global Ground Fault Circuit Interrupter (GFCI) Market to Hit USD 4.07 Billion by 2030, Propelled by Smart Safety Innovation and Stringent Global Building Codes As the world enters a new era of electrified living, the invisible shield protecting homes and industries from electrical hazards is undergoing a high-tech revolution. According to the latest comprehensive market report by Maximize Market Research , titled “Global Ground Fault Circuit Interrupter (GFCI) Market: Industry Analysis and Forecast (2024-2030),” the industry is on a definitive upward trajectory. The global GFCI market was valued at USD 2.53 Billion in 2023 and is projected to reach USD 4.07 Billion by 2030 , growing at a steady compound annual growth rate (CAGR) of 7.01% . This growth reflects more than just compliance; it signals a fundamental shift in how modern infrastructure prioritizes human safety through "intelligent" electrical...