The global digital fault recorder market is expected to grow at 4.75% CAGR during the forecast period. Global digital fault recorder market is expected to witness a moderate growth during the forecast period, as these recorders are based on growing demand for digital substations.
Digital fault recorder is a device used to monitor, access, and optimize any disturbance that might happen on the grid, power plants, and substations. Digital fault recorder stores the critical information within the substation and archives this data in a remote enterprise network location for permanent storage and analysis. Digital fault recorders display information to engineers in the form of waves in case of any untoward disturbances in power grids and substations.
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The main advantages of digital fault recorder include secure data collection, meeting requirements of international fault recording standards, and providing a permanent detailed record of all substation activity at a nominal cost. Transimssion segment is expected to dominate the digital fault recorder market during the forecast period.
Leading Players:
- GE (US),
- Elspec (Israel),
- Siemens AG (Germany),
- Qualitrol (US),
- Logiclab (Italy),
- Ducati Energia (Italy),
- Ametek (US),
- E-Max Instruments (US),
- Kocos (Germany), and
- Procom Systems (Ontario).
Global Digital Fault Recorder Market Segmentation
The global digital fault recorder market is segmented by type, station, voltage, and installation.
By type, it is segmented into dedicated and multifunctional.
By station, it is divided into automated and non-automated.
By voltage, it is segmented into less than 66 kV, 66-220 kV, and above 220 kV.
By installation, it is segmented into generation, transmission, and distribution.
Regional Outlook
The digital fault recorder market looks upon the following regions – Asia Pacific (APAC), North America, South America, the Middle East & Africa (MEA), and Europe, for a careful consideration of the impending demand.
Region wise, Asia-Pacific held the largest market share of the global digital fault recorder market in 2017. It is estimated that Asia-Pacific region will continue to dominate the market during the forecast period, due to rising government investment, especially in China where the Chinese government is expected to invest USD 317 billion to improve power grid infrastructure by 2020.
According to IEA World Energy Outlook 2017, China is planning to invest around USD 27.5 billion towards the development of its transmission network. Such investment is likely to drive the market for digital fault recorder. Hence, the demand for digital fault recorder in Asia Pacific will be increased in order to cater the increasing electricity demand. Similarly, North America being the second largest region is also focusing towards immediate need for reliable power supply system, driving the demand for digital fault recorder
Scope of the Report
This report provides an in-depth analysis of the global digital fault recorder market, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific (APAC) and Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the digital fault recorder system market by its type, connectivity, end-user, and by region.
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Table Of Content
1 Executive Summary
2 Scope Of The Report
3 Market Landscape
4 Market Dynamics
5 Global Digital Fault Recorder Market, By Installation
5.1 Introduction
5.2 Generation
5.2.1 Market Estimates & Forecast, 2018-2023
5.2.2 Market Estimates & Forecast By Region, 2018-2023
5.3 Transmission
5.3.1 Market Estimates & Forecast, 2018-2023
5.3.2 Market Estimates & Forecast By Region, 2018-2023
5.4 Distribution
5.4.1 Market Estimates & Forecast, 2018-2023
5.4.2 Market Estimates & Forecast By Region, 2018-2023
6 Global Digital Fault Recorder Market, By Voltage
6.1 Introduction
6.2 Less Than 66 KV
6.2.1 Market Estimates & Forecast, 2018-2023
6.2.2 Market Estimates & Forecast By Region, 2018-2023
6.3 66 KV-220 KV
6.3.1 Market Estimates & Forecast, 2018-2023
6.3.2 Market Estimates & Forecast By Region, 2018-2023
6.4 Above 220 KV
6.4.1 Market Estimates & Forecast, 2018-2023
6.4.2 Market Estimates & Forecast By Region, 2018-2023
7 Global Digital Fault Recorder Market, By Station
7.1 Introduction
7.2 Automated
7.2.1 Market Estimates & Forecast, 2018-2023
7.2.2 Market Estimates & Forecast By Region, 2018-2023
7.3 Non-Automated
7.3.1 Market Estimates & Forecast, 2018-2023
7.3.2 Market Estimates & Forecast By Region, 2018-2023
8 Global Digital Fault Recorder Market, By Type
8.1 Introduction
8.2 Dedicated
8.2.1 Market Estimates & Forecast, 2018-2023
8.2.2 Market Estimates & Forecast By Region, 2018-2023
8.3 Multifunctional
8.3.1 Market Estimates & Forecast, 2018-2023
8.3.2 Market Estimates & Forecast By Region, 2018-2023
Continued……….
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