Global Fault Indicators Market Growth 2023-2029

Global Fault Indicators Market Growth 2023-2029

Product Code:455522

Published Date: Feb 08,2023

Pages: 117

Region: Global

Category: Machinery & Equipment

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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.

LPI (LP Information)' newest research report, the “Fault Indicators Industry Forecast” looks at past sales and reviews total world Fault Indicators sales in 2022, providing a comprehensive analysis by region and market sector of projected Fault Indicators sales for 2023 through 2029. With Fault Indicators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fault Indicators industry.

This Insight Report provides a comprehensive analysis of the global Fault Indicators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fault Indicators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fault Indicators market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fault Indicators and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fault Indicators.

The global Fault Indicators market size is projected to grow from US$ 166.2 million in 2022 to US$ 189.2 million in 2029; it is expected to grow at a CAGR of 189.2 from 2023 to 2029.

Global Fault Indicators key players include SEL, Horstmann, ABB(Thomas & Betts), SEMEUREKA, CREAT, etc. Global top five manufacturers hold a share about 50%.

Europe is the largest market, with a share about 30%, followed by North America and China, both have a share over 50 percent. 
In terms of product, Overhead Line Fault Indicators is the largest segment, with a share about 55%. And in terms of application, the largest application is Short-circuit and Earth Fault Indicators, followed by Earth Faults Indicators.

This report presents a comprehensive overview, market shares, and growth opportunities of Fault Indicators market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Overhead Line Fault Indicators
    Cable Fault Indicators
    Panel Fault Indicators
    Others

Segmentation by application
    Earth faults Indicators
    Short-circuits Indicators
    Short-circuit and Earth Fault Indicators

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    SEL
    Horstmann
    Cooper Power Systems
    ABB(Thomas & Betts)
    Elektro-Mechanik GMBH
    Siemens
    Bowden Brothers
    Schneider Electric
    Franklin(GridSense)
    CELSA
    Electronsystem MD
    NORTROLL
    CREAT
    SEMEUREKA
    HCRT
    BEHAUR SCITECH

Key Questions Addressed in this Report
What is the 10-year outlook for the global Fault Indicators market?
What factors are driving Fault Indicators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fault Indicators market opportunities vary by end market size?
How does Fault Indicators break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?