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Global Fault Indicators Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Published Date: 2019-05-31   |   Pages: 153   |   Tables: 185   | Report Id: 1069752   | Hits: 110 |   Machinery & Equipment

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Summary


Fault Indicators are devices which indicate the passage of fault current. When properly applied, they can reduce operating costs and reduce service interruptions by identifying the section of cable that has failed. At the same time, fault indicators can increase safety and reduce equipment damage by reducing the need for hazardous fault chasing procedures.

A fault indicator or fault circuit indicator is a device used to indicate faults detected on a power system or an electric line. This device has finds applications in electric lines, electric power systems and distribution networks to reduce equipment risk, outage time and operating cost. For better output, fault circuit indicators needs to be installed properly on the circuit. The working principle of a fault circuit indicator is that it typically senses the magnetic field produced by the excess flow of current through a cable or conductor. Some indicators also measure the electric field generated by the voltage in the conductor.

Increasing development and establishment of new smart grids, industrialization and installation and rearrangement of transmission lines are some of the factors driving the demand for fault circuit indicators. Additionally, rise in the usage of electric utilities, increasing electricity generation, growing industrial sectors and heavy investments made by some firms to protect industrial machinery pave way for growth of the market.

The market of Fault Indicators is relatively concentrated. The world leading vendors in the market are SEL and Horstmann, which accounted the sales market share of 10.54% and 9.58% respectively in 2017, followed by Cooper Power Systems, ABB(Thomas & Betts) and Elektro-Mechanik.

The global Fault Indicators market was 159 million US$ in 2018 and is expected to 183.5 million US$ by the end of 2025, growing at a CAGR of 2.1% between 2019 and 2025.


This report studies the Fault Indicators market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.


Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fault Indicators in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)


The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

SEL

Horstmann

Cooper Power Systems

ABB (Thomas & Betts)

Elektro-Mechanik GMBH

Siemens

Bowden Brothers

Schneider Electric

Franklin (GridSense)

CELSA

Electronsystem MD

NORTROLL

CREAT

SEMEUREKA

Winet Electric

BEHAUR SCITECH

HHX

Beijing HCRT Electrical Equipment

By the product type, the market is primarily split into

Overhead Line Fault Indicators

Cable Fault Indicators

Panel Fault Indicators

Others

By the end users/application, this report covers the following segments

Earth faults Indicators

Short-circuits Indicators

Short-circuit and Earth Fault Indicators


We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa


The study objectives of this report are:

To study and analyze the global Fault Indicators market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.

To understand the structure of Fault Indicators market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Fault Indicators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Fault Indicators with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Fault Indicators submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.


In this study, the years considered to estimate the market size of Fault Indicators are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025


This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Fault Indicators market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.


For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.


Key Stakeholders

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries


Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Further breakdown of Fault Indicators market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

Licenses Type

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Multiple users can access the report

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