Market Overview:
The global cable fault locating equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cable fault locators from various end-use industries, such as construction, power generation, IT and telecommunication, and others. In addition, the growing awareness about safety and security is also propelling the demand for cable fault locators globally. Based on type, the global cable fault locating equipment market can be segmented into portable cable fault locator and benchtop cable fault locator. The portable cable Fault Locating Equipment (PLE) segment is projected to grow at a higher CAGR during the forecast period owing to its features such as easy portability and low installation cost as compared with benchtop models. Based on application, the global Cable Fault Locating Equipment (CFL) market can be divided into construction industry, power generation industry, IT & telecommunications industry,,and others segments. Among these applications segments,,the construction sector accounted for majority share of revenue in 2017 due to increased spending by governments across globe on infrastructure development projects. However,.
Product Definition:
Cable Fault Locating Equipment is used to identify and isolate faults in an electrical cable. The importance of Cable Fault Locating Equipment is that it can prevent lengthy outages and help ensure the safety of those working with the cables.
Portable Cable Fault Locator:
By using Portable Cable Fault Locator, the technicians can easily locate and identify faults in the underground or portable cables. It is a non-contact method that uses electromagnetic induction to detect cable faults. The device has an inbuilt test meter that displays real time as well as cumulative total of fault current consumption along with its location and number of faulty conductors.
Benchtop Cable Fault Locator:
Benchtop cable fault locator is used to find the location of faults in a power distribution network. It uses an optical fiber for transmission of data and can be connected to different equipment such as meters, circuit breakers, switchgear etc. The device works on the principle of light waveguided by optic fibers and can locate various problems in electrical cables including insulation breakdowns, fractures & joints among others.
Application Insights:
The construction application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-speed cables in various construction projects, such as power grids, oil & gas pipelines, and transportation systems. Furthermore, growing urbanization along with rising number of infrastructure projects across the globe is expected to boost product demand over the coming years.
The IT and telecommunication segment accounted for USD 446 million in 2017 owing to an increase in fiber optic network installations across corporate networks globally. Growing need for speed improvement initiatives within telecom companies worldwide are anticipated to drive industry growth over the coming years. Moreover, technological advancements such as cloud computing have increased bandwidth requirements which has resulted in an increased focus on data transmission services globally which further drives industry expansion trends worldwide (read more).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in various sectors such as oil and gas, power generation, manufacturing, and others. For instance, China has undertaken massive projects for improving its energy infrastructure which includes a wide range of activities including construction of new power plants and transmission facilities as well as distribution centers that require advanced testing techniques for cable fault location. This factor is anticipated to drive the demand for cable Fault Locating Equipment (FLE) in this region over the forecast period.
Europe was estimated at USD X million in 2017 owing to high demand from industries such as construction and telecommunication sector due to rising need for advanced FLEs with enhanced performance characteristics such as long battery life etc.
Growth Factors:
- Increasing demand for high-speed internet and data services
- Growing number of cable installation and maintenance projects
- Proliferation of smart cities and the Internet of Things (IoT)
- Rising need for reliable and efficient communication networks
- Technological advancements in cable fault locating equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Cable Fault Locating Equipment Market Research Report
By Type
Portable Cable Fault Locator, Benchtop Cable Fault Locator
By Application
Construction, Power Generation, IT and Telecommunication, Others
By Companies
Megger, Hubbell, Fortive, 3M, HV Technologies, High Voltage Inc, Clinton Instrument, PCE Instruments, kusam-meco
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Cable Fault Locating Equipment Market Report Segments:
The global Cable Fault Locating Equipment market is segmented on the basis of:
Types
Portable Cable Fault Locator, Benchtop Cable Fault Locator
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
Construction, Power Generation, IT and Telecommunication, Others
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:
- Megger
- Hubbell
- Fortive
- 3M
- HV Technologies
- High Voltage Inc
- Clinton Instrument
- PCE Instruments
- kusam-meco
Highlights of The Cable Fault Locating Equipment 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:
- Portable Cable Fault Locator
- Benchtop Cable Fault Locator
- By Application:
- Construction
- Power Generation
- IT and Telecommunication
- Others
- 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 Cable Fault Locating Equipment 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Cable Fault Locating Equipment (CFLE) is a specialized type of cable tester that can locate and identify faults in electrical cables. CFLE devices use a variety of sensors to detect abnormalities in the electrical current flowing through the cable, which can indicate a fault.
Some of the major companies in the cable fault locating equipment market are Megger, Hubbell, Fortive, 3M, HV Technologies, High Voltage Inc, Clinton Instrument, PCE Instruments, kusam-meco.
The cable fault locating equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cable Fault Locating Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cable Fault Locating Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cable Fault Locating Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cable Fault Locating Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cable Fault Locating Equipment Market Size & Forecast, 2018-2028
4.5.1 Cable Fault Locating Equipment Market Size and Y-o-Y Growth
4.5.2 Cable Fault Locating Equipment Market Absolute $ Opportunity
Chapter 5 Global Cable Fault Locating Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cable Fault Locating Equipment Market Size Forecast by Type
5.2.1 Portable Cable Fault Locator
5.2.2 Benchtop Cable Fault Locator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cable Fault Locating Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cable Fault Locating Equipment Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Power Generation
6.2.3 IT and Telecommunication
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cable Fault Locating Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cable Fault Locating Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cable Fault Locating Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Cable Fault Locating Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cable Fault Locating Equipment Market Size Forecast by Type
9.6.1 Portable Cable Fault Locator
9.6.2 Benchtop Cable Fault Locator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cable Fault Locating Equipment Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Power Generation
9.10.3 IT and Telecommunication
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cable Fault Locating Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Cable Fault Locating Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cable Fault Locating Equipment Market Size Forecast by Type
10.6.1 Portable Cable Fault Locator
10.6.2 Benchtop Cable Fault Locator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cable Fault Locating Equipment Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Power Generation
10.10.3 IT and Telecommunication
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cable Fault Locating Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cable Fault Locating Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cable Fault Locating Equipment Market Size Forecast by Type
11.6.1 Portable Cable Fault Locator
11.6.2 Benchtop Cable Fault Locator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cable Fault Locating Equipment Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Power Generation
11.10.3 IT and Telecommunication
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cable Fault Locating Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Cable Fault Locating Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cable Fault Locating Equipment Market Size Forecast by Type
12.6.1 Portable Cable Fault Locator
12.6.2 Benchtop Cable Fault Locator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cable Fault Locating Equipment Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Power Generation
12.10.3 IT and Telecommunication
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cable Fault Locating Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cable Fault Locating Equipment Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cable Fault Locating Equipment Market Size Forecast by Type
13.6.1 Portable Cable Fault Locator
13.6.2 Benchtop Cable Fault Locator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cable Fault Locating Equipment Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Power Generation
13.10.3 IT and Telecommunication
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cable Fault Locating Equipment Market: Competitive Dashboard
14.2 Global Cable Fault Locating Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Megger
14.3.2 Hubbell
14.3.3 Fortive
14.3.4 3M
14.3.5 HV Technologies
14.3.6 High Voltage Inc
14.3.7 Clinton Instrument
14.3.8 PCE Instruments
14.3.9 kusam-meco
