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.
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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.
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The Scope of the Report for Global Digital Fault Recorder Market
Global Digital Fault Recorder Market, By Type
• Dedicated DFR
• Multifunctional DFR
Global Digital Fault Recorder Market, By Installation
• Generation
• Transmission
• Distribution
Global Digital Fault Recorder Market, By Voltage
• Less than 66 kV
• 66–220 kV
• Above 220 kV
Global Digital Fault Recorder Market, by station
• Non-automated
• Automated
Global Cable Glands Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Cable Glands Market
• AMETEK.Inc.
• DUCATI Energia Spa
• ERL Phase Power Technologies Ltd
• Elspec LTD
• General Electric Company
• KoCoSMesstechnik AG
• Kinkei System Corporation
• LogicLabs.r.l.
• Prosoft-Systems Ltd.
• Qualitrol Company LLC
• Siemens AG
• ABB
• E-Max Instruments
• Procom Systems
MAJOR TOC OF THE REPORT
Chapter One: Digital Fault Recorder Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Digital Fault Recorder Market Competition, by Players
Chapter Four: Global Digital Fault Recorder Market Size by Regions
Chapter Five: North America Digital Fault Recorder Revenue by Countries
Chapter Six: Europe Digital Fault Recorder Revenue by Countries
Chapter Seven: Asia-Pacific Digital Fault Recorder Revenue by Countries
Chapter Eight: South America Digital Fault Recorder Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Digital Fault Recorder by Countries
Chapter Ten: Global Digital Fault Recorder Market Segment by Type
Chapter Eleven: Global Digital Fault Recorder Market Segment by Application
Chapter Twelve: Global Digital Fault Recorder Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Digital Fault Recorder Market Report at: https://www.maximizemarketresearch.com/market-report/global-digital-fault-recorder-market/23722/
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