Global “digital fault recorder Market” 2021 report is a proficient and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific). It covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key Vendors operating in this Global market.
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Global digital fault recorder market was value US$ 320.90 Mn in 2017 and is expected to reach US$ 420.80Mn by 2026, at a CAGR of 3.45 % during a forecast period.
A digital fault recorder is a device, which is used to monitor, access, and optimize any disturbance that is present on the grid, power plants, and substations. Digital fault recorder provisions the critical information within the substation and records this data in a remote enterprise network location for stable storage and analysis. Digital fault recorder provides the benefits such as secure data collection, meeting requirements of international fault recording standards, and offering a permanent detailed record of all substation activity at a nominal cost.
An upsurge in the need for dependable power supply systems and increasing demand for the cardinal substation are expected to drive digital fault recorder market. The governments of the developing economies are focusing to increase power grid infrastructures is one of the key drivers for the digital fault recorder market. Digital fault recorder devices are providing a helpful platform by increasing awareness about environment protection, various targets associated with energy efficiency.
The transmission segment is expected to dominate the digital fault recorder market. The growth of this segment is likely to be determined by the increase in investments in the power transmission infrastructure across globe.
Based on the station, an automated segment is expected to grow at the high rate CAGR during forecast period. This growth is attributed to its feature such as it enables to remotely monitor, control, and coordinate the transmission and distribution components installed in the substation. An upsurge in demand for retrofitting the conventional substations to upgrade the aging infrastructure is one of the key drivers for the automated segment. The automated digital fault recorder benefits in applications such as remotely monitoring, controlling, and coordinating various transmission and distribution. Need to advancement the aging, existing power infrastructure, the demand to retrofit the traditional digital fault recorder substations will drive the growth of the automated digital fault recorders.
The report provides a detailed overview of the Global Digital Fault Recorder Market including regional analysis information. Geographically, Asia-Pacific is expected to share significant growth in the digital fault recorder market. The growth is attributed to the rising government investment in power grid infrastructure. The Chinese government is expected to invest nearly about the US $ 315 billion to improve power grid infrastructure by 2020. They are also planning to invest around USD 27.5 billion towards the development of a transmission network. Increasing investment in China is likely to drive the market for digital fault recorder.
The report gives the clear representation of current market scenario of Global digital fault recorder market, which includes projected market size in terms of value and volume, pestle analysis, Porter’s analysis factors in the market.
The Scope of the Report for Global Digital Fault Recorder Market
Global Digital Fault Recorder Market, By Type
Global Digital Fault Recorder Market, By Installation
Global Digital Fault Recorder Market, By Voltage
Less than 66 kV
Above 220 kV
Global Digital Fault Recorder Market, by station
Global Cable Glands Market, By Geography
Middle East & Africa
Key players operating in the Global Cable Glands Market
DUCATI Energia Spa
ERL Phase Power Technologies Ltd
General Electric Company
Kinkei System Corporation
Qualitrol Company LLC
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Key Features of digital fault recorder Market Research Report:
- This report provides detail analysis of the market and have a comprehensive understanding of the digital fault recorder market and its commercial landscape.
- Learn about the various market strategies that are being adopted by leading companies.
- It provides a five-year forecast assessed based on how the digital fault recorder market is predicted to grow.
- It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
- To understand the future scope and outlooks for the digital fault recorder market.
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Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Total Chapters in digital fault recorder Market Report are:
Chapter 1 Overview of digital fault recorder Market
Chapter 2 Global Market Status and Forecast by Regions
Chapter 3 Global Market Status and Forecast by Types
Chapter 4 Global Market Status and Forecast by Downstream Industry
Chapter 5 North America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 6 Europe Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 7 Asia Pacific Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 8 Latin America Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 9 Middle East and Africa Market Status by Countries, Type, Manufacturers and Downstream Industry
Chapter 10 Market Driving Factor Analysis of Low End Servers
Chapter 11 digital fault recorder Market Competition Status by Major Manufacturers
Chapter 12 digital fault recorder Major Manufacturers Introduction and Market Data
Chapter 13 Upstream and Downstream Market Analysis of digital fault recorder Market
Chapter 14 Cost and Gross Margin Analysis of digital fault recorder Market
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