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Based on type, the market is bifurcated into dedicated and multifunctional. On the basis of installation, the market is segmented into transmission, generation, and distribution. On the basis of station, the market is categorised into automated and non-automated. The regional markets for digital fault recorders are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global digital fault recorder market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Digital Fault Recorder Market Size
Digital Fault Recorder Market Share
Digital Fault Recorder Market Analysis
Digital Fault Recorder Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market for digital fault recorder attained a value of approximately USD 1.13 billion.
The market is projected to grow at a CAGR of 6.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, to reach USD 1.98 billion by 2032.
The major drivers of the market include rising need for digital substations and electric power stations, increasing demand for accurate and reliable devices to detect faults in power systems, and expanding grid networks in developing countries.
Increase in demand for renewable energy, various environmental legislations, advancements in technology for digital fault recorders, and increasing investments in energy projects are the key trends in the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major types of digital fault recorders in the market are dedicated and multifunctional.
The various installations of digital fault recorders in the market are transmission, generation, and distribution.
The primary stations of digital fault recorders in the market are automated and non-automated.
The major players in the digital fault recorder market, according to the report, are GE Grid Solutions, Siemens, AMETEK Power Instruments., Qualitrol Company LLC, ERLPhase Power Technologies Ltd., DUCATI Energia Spa, Elspec Ltd., Kinkei System Corporation, and Mehta Tech, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124