Reports
Sale
Global Digital Fault Recorder Market Share, Size, Trends, Analysis, Forecast: By Type: Dedicated, Multifunctional; By Installation: Transmission, Generation, Distribution; By Station: Automated, Non-Automated; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Digital Fault Recorder Market Size
The global digital fault recorder market reached a value of approximately USD 1.13 billion in 2023. The market is expected to grow at a CAGR of 6.4% between 2024 and 2032, reaching a value of around USD 1.98 billion by 2032.
Key Trends in the Market
A digital fault recorder (DFR) is an intelligent electronic device (IED) that is used to monitor, analyse, and record disturbances in electric power systems and other events that were noticed by protection relays of a substation. Digital fault recorders can be used at transformer sub-stations and power plants for assessing low, medium, and high-voltage networks. DFRs are designed to record and keep track of any disruption that might happen to the electrical networks, creating a long-term record.
- The digital fault recorder market is expanding largely as a result of the increasing need for digital electric power plants and substations in both developed and developing nations. With growing power networks, digital fault recorders are an effective way to supporting seamless power transmission while requiring fewer human personnel.
- Environmental laws being established by environmental protection organisations all over the world, along with investments in energy projects, are the key digital fault recorder market trends expected to open up more opportunities for market participants in digital fault recorders. Capable digital fault recorders aid in preventing breakdowns that could otherwise damage the environment, due to which DFRs are being preferred for environmental reasons.
- Opportunities are being created for both established and new emerging competitors to enter the market with cutting-edge technologies as a result of the increased need for accurate and dependable equipment to detect faults in the power sector. Remote monitoring, control, and coordination of various transmission and distribution elements located in multiple substations are made easier with the use of automated DFRs.
Digital Fault Recorder Market Report Snapshots
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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Digital Fault Recorder Market Analysis
8.1 Key Industry Highlights
8.2 Global Digital Fault Recorder Historical Market (2018-2023)
8.3 Global Digital Fault Recorder Market Forecast (2024-2032)
8.4 Global Digital Fault Recorder Market by Type
8.4.1 Dedicated
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Multifunctional
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Digital Fault Recorder Market by Installation
8.5.1 Transmission
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Generation
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Distribution
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Digital Fault Recorder Market by Station
8.6.1 Automated
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Non-Automated
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Digital Fault Recorder Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Digital Fault Recorder Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Digital Fault Recorder Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Digital Fault Recorder Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 South Korea
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Australia
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Others
12 Latin America Digital Fault Recorder Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Digital Fault Recorder Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 GE Grid Solutions
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Siemens
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 AMETEK Power Instruments.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Qualitrol Company LLC
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 ERLPhase Power Technologies Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 DUCATI Energia Spa
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Elspec Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Kinkei System Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Mehta Tech, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Digital Fault Recorder Market: Key Industry Highlights, 2018 and 2032
2. Global Digital Fault Recorder Historical Market: Breakup by Voltage (USD Million), 2018-2023
3. Global Digital Fault Recorder Market Forecast: Breakup by Voltage (USD Million), 2024-2032
4. Global Digital Fault Recorder Historical Market: Breakup by Installation (USD Million), 2018-2023
5. Global Digital Fault Recorder Market Forecast: Breakup by Installation (USD Million), 2024-2032
6. Global Digital Fault Recorder Historical Market: Breakup by Station (USD Million), 2018-2023
7. Global Digital Fault Recorder Market Forecast: Breakup by Station (USD Million), 2024-2032
8. Global Digital Fault Recorder Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Digital Fault Recorder Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Digital Fault Recorder Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Digital Fault Recorder Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Digital Fault Recorder Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Digital Fault Recorder Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Digital Fault Recorder Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Digital Fault Recorder Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Digital Fault Recorder Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Digital Fault Recorder Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Digital Fault Recorder Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Digital Fault Recorder Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Digital Fault Recorder Market Structure
Key Questions Answered in the Report
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.
Purchase Options 10% off
Call us
Purchase Full Report
Datasheet
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER