Market Overview:
The global fault circuit indicators market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for safety and security in electrical installations. The market is segmented by type, application, and region. By type, the overhead line fault circuit indicators segment dominates the global fault circuit indicators market and is expected to grow at a CAGR of 5.8% from 2018 to 2030 due to its widespread use in electrical installations across various industries. By application, the earth faults indicators segment dominates the global fault circuit indicators market with a share of more than 50%.
Product Definition:
A fault circuit indicator is a device that is used to indicate the presence of a fault in an electrical circuit. The importance of fault circuit indicators is that they provide a way for people to know when there is something wrong with an electrical system so that they can take appropriate action.
Overhead Line Fault Circuit Indicators:
Overhead line fault circuit indicators (OCFDI) is an overhead transmission line inspection device used to indicate the location of fault in overhead power lines. It's major applications are in high voltage switchgears and substations. OCFDIs are also known as over head inspectographs, they are a series of red or yellow lights strung along a wire that forms an X when the lights go off (or dim).
Cable Fault Circuit Indicators:
Cable fault circuit indicators (FCCI) are used to indicate the presence of a fault in an electrical cable. It is basically a copper wire that is connected inside the insulation, which makes an electric connection with the ground. The indicator acts as a visual signal and provides information to users about any abnormal occurrence such as short circuits or faults in cables.
Application Insights:
The application segment is segregated into earth faults indicators, short-circuits indicators, short-circuit and earth fault indicators and others. The earth fault segment dominated the market in terms of revenue share in 2017. This can be attributed to the increasing number of industrialization activities in developing countries such as India, China and Brazil which increase the risk of occurrence of earthquakes. Moreover, an increase in population leads to an increased demand for electricity generation resulting in a higher risk of occurrence forearthquakes at a particular location thus leading to high adoptionofDFCIIsin locations with high earthquake risks such as power plants etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to increasing number of construction activities in countries such as China, India, and Japan. In addition, growing demand for advanced technologies in electrical distribution systems has led to increased adoption of FAILCIs in Asia Pacific region.
The Europe FAILCI market was valued at USD X million in 2017 and is anticipated to grow at a significant rate over the forecast period owing to presence of prominent power distribution companies that are using these devices for protection purposes along with other benefits they provide such as improved system efficiency and maintenance cost reduction. Moreover, rising need for upgrading existing infrastructure by distributing companies due to increasing penetration of digital services will drive the regional market further.
Growth Factors:
- Increasing demand for fault circuit indicators in the industrial sector
- Growing awareness about the benefits of using fault circuit indicators
- Rising demand for smart grid technologies
- Proliferation of renewable energy sources
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Fault Circuit Indicators Market Research Report
By Type
Overhead Line Fault Circuit Indicators, Cable Fault Circuit Indicators, Panel Fault Circuit Indicators, Others
By Application
Earth Faults Indicators, Short-circuits Indicators, Short-circuit and Earth Fault Indicators
By Companies
SEL, Horstmann, Cooper Power Systems , Thomas & Betts, Elektro-Mechanik GMBH, Siemens, Bowden Brothers, Schneider Electric, NORTROLL, CELSA, Electronsystem MD, GridSense, CREAT, Winet Electric, SEMEUREKA, BEHAUR SCITECH, HHX
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Fault Circuit Indicators Market Report Segments:
The global Fault Circuit Indicators market is segmented on the basis of:
Types
Overhead Line Fault Circuit Indicators, Cable Fault Circuit Indicators, Panel Fault Circuit Indicators, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Earth Faults Indicators, Short-circuits Indicators, Short-circuit and Earth Fault Indicators
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SEL
- Horstmann
- Cooper Power SystemsÂ
- Thomas & Betts
- Elektro-Mechanik GMBH
- Siemens
- Bowden Brothers
- Schneider Electric
- NORTROLL
- CELSA
- Electronsystem MD
- GridSense
- CREAT
- Winet Electric
- SEMEUREKA
- BEHAURÂ SCITECH
- HHX
Highlights of The Fault Circuit Indicators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Overhead Line Fault Circuit Indicators
- Cable Fault Circuit Indicators
- Panel Fault Circuit Indicators
- Others
- By Application:
- Earth Faults Indicators
- Short-circuits Indicators
- Short-circuit and Earth Fault Indicators
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fault Circuit Indicators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fault circuit indicators (FCIs) are a type of warning light that is used on electrical equipment to indicate when there is a problem with the power supply. FCIs may be either visual or audible.
Some of the key players operating in the fault circuit indicators market are SEL, Horstmann, Cooper‚Â Power‚Â Systems‚Â , Thomas‚Â &‚Â Betts, Elektro-Mechanik‚Â GMBH, Siemens, Bowden‚Â Brothers, Schneider‚Â Electric, NORTROLL, CELSA, Electronsystem‚Â MD, GridSense, CREAT, Winet‚Â Electric, SEMEUREKA, BEHAUR‚Â SCITECH, HHX.
The fault circuit indicators market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fault Circuit Indicators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fault Circuit Indicators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fault Circuit Indicators Market - Supply Chain
4.5. Global Fault Circuit Indicators Market Forecast
4.5.1. Fault Circuit Indicators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fault Circuit Indicators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fault Circuit Indicators Market Absolute $ Opportunity
5. Global Fault Circuit Indicators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fault Circuit Indicators Market Size and Volume Forecast by Type
5.3.1. Overhead Line Fault Circuit Indicators
5.3.2. Cable Fault Circuit Indicators
5.3.3. Panel Fault Circuit Indicators
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fault Circuit Indicators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fault Circuit Indicators Market Size and Volume Forecast by Application
6.3.1. Earth Faults Indicators
6.3.2. Short-circuits Indicators
6.3.3. Short-circuit and Earth Fault Indicators
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fault Circuit Indicators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fault Circuit Indicators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fault Circuit Indicators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fault Circuit Indicators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fault Circuit Indicators Demand Share Forecast, 2019-2026
9. North America Fault Circuit Indicators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fault Circuit Indicators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fault Circuit Indicators Market Size and Volume Forecast by Application
9.4.1. Earth Faults Indicators
9.4.2. Short-circuits Indicators
9.4.3. Short-circuit and Earth Fault Indicators
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fault Circuit Indicators Market Size and Volume Forecast by Type
9.7.1. Overhead Line Fault Circuit Indicators
9.7.2. Cable Fault Circuit Indicators
9.7.3. Panel Fault Circuit Indicators
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fault Circuit Indicators Demand Share Forecast, 2019-2026
10. Latin America Fault Circuit Indicators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fault Circuit Indicators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fault Circuit Indicators Market Size and Volume Forecast by Application
10.4.1. Earth Faults Indicators
10.4.2. Short-circuits Indicators
10.4.3. Short-circuit and Earth Fault Indicators
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fault Circuit Indicators Market Size and Volume Forecast by Type
10.7.1. Overhead Line Fault Circuit Indicators
10.7.2. Cable Fault Circuit Indicators
10.7.3. Panel Fault Circuit Indicators
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fault Circuit Indicators Demand Share Forecast, 2019-2026
11. Europe Fault Circuit Indicators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fault Circuit Indicators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fault Circuit Indicators Market Size and Volume Forecast by Application
11.4.1. Earth Faults Indicators
11.4.2. Short-circuits Indicators
11.4.3. Short-circuit and Earth Fault Indicators
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fault Circuit Indicators Market Size and Volume Forecast by Type
11.7.1. Overhead Line Fault Circuit Indicators
11.7.2. Cable Fault Circuit Indicators
11.7.3. Panel Fault Circuit Indicators
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fault Circuit Indicators Demand Share, 2019-2026
12. Asia Pacific Fault Circuit Indicators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fault Circuit Indicators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fault Circuit Indicators Market Size and Volume Forecast by Application
12.4.1. Earth Faults Indicators
12.4.2. Short-circuits Indicators
12.4.3. Short-circuit and Earth Fault Indicators
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fault Circuit Indicators Market Size and Volume Forecast by Type
12.7.1. Overhead Line Fault Circuit Indicators
12.7.2. Cable Fault Circuit Indicators
12.7.3. Panel Fault Circuit Indicators
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fault Circuit Indicators Demand Share, 2019-2026
13. Middle East & Africa Fault Circuit Indicators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fault Circuit Indicators Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fault Circuit Indicators Market Size and Volume Forecast by Application
13.4.1. Earth Faults Indicators
13.4.2. Short-circuits Indicators
13.4.3. Short-circuit and Earth Fault Indicators
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fault Circuit Indicators Market Size and Volume Forecast by Type
13.7.1. Overhead Line Fault Circuit Indicators
13.7.2. Cable Fault Circuit Indicators
13.7.3. Panel Fault Circuit Indicators
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fault Circuit Indicators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fault Circuit Indicators Market: Market Share Analysis
14.2. Fault Circuit Indicators Distributors and Customers
14.3. Fault Circuit Indicators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SEL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Horstmann
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cooper Power Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thomas & Betts
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Elektro-Mechanik GMBH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Siemens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bowden Brothers
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Schneider Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NORTROLL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CELSA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Electronsystem MD
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GridSense
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CREAT
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Winet Electric
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SEMEUREKA
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. BEHAUR SCITECH
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. HHX
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
