Market Overview:
The global circuit fault indicators 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 safety and security in electrical installations, growing awareness about safety among consumers, and rising investments in smart cities. The overhead circuit fault indicators segment is expected to account for the largest share of the global circuit fault indicators market in 2018. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030.
Product Definition:
Circuit Fault Indicators are devices used to indicate the presence of a fault in an electrical circuit. The importance of Circuit Fault Indicators is that they allow for the identification and isolation of faults in electrical circuits, which can help to prevent injuries and damage.
Overhead Circuit Fault Indicators:
Overhead circuit fault indicators are used to indicate the occurrence of an error or malfunction in a high-voltage electrical network. They are also known as overhead system crash indicators, overhead circuit breakers, or overspeed indicator. These devices work on the principle of resistance and capacitive reactance respectively.
These fault indicators work by sensing current fluctuations that occur when a short-circuit occurs in an overhead line section (high voltage).
Cable Circuit Fault Indicators:
Cable circuit fault indicators are used to monitor the quality of service (QoS) provided by a cable network. They are also known as optical performance monitors (OPM). OPMs assist in identifying problems that may occur in a cable system such as signal distortion, bit error, and electrical noise. An increase in these problems results in degradation of performance which is why they play an important role while providing QoS for any network.
Application Insights:
The earth faults indicators application segment accounted for the largest market share in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing number of power outages, growing urbanization, and construction activities across various regions.
Circuit breakers are used as an auxiliary device that provides protection against short circuits and open grounds by interrupting the electrical supply if a fault occurs on any circuit. Circuit breaker indicates open ground or short circuit by operationally tripping into protective relay thereby protecting other connected equipment from damage due to electric shock or fire hazard caused due to leakage current flow through broken insulation between conductors within a cable or between cables.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing number of construction projects and rising demand for advanced technologies in countries, such as China and India. In addition, growing awareness about safety issues due to large number of accidents in developing economies will drive the market further.
North America was valued at USD X million in 2017 owing to high adoption rate of technology across industries, such as industrial automation & HVAC & refrigeration.
Growth Factors:
- Increasing demand for smart grids and smart cities
- Rising need for energy conservation and efficiency
- Growing investments in renewable energy sources
- Proliferation of data centers and the Internet of Things (IoT)
- Emergence of new applications such as condition monitoring, predictive maintenance, and asset health
Scope Of The Report
Report Attributes
Report Details
Report Title
Circuit Fault Indicators Market Research Report
By Type
Overhead Circuit Fault Indicators, Cable Circuit Fault Indicators, Panel Circuit Fault Indicators
By Application
Earth Faults Indicators, Short-circuits Indicators, Short-circuit and Earth Fault Indicators
By Companies
SEL(Schweitzer Engineering Laboratories), Horstmann, ABB (Thomas & Betts), Eaton (Cooper Power Systems), CREAT, Siemens, SEMEUREKA, BEHAUR SCITECH, Elektro-Mechanik, Schneider Electric, SEL(Schweitzer Engineering Laboratories), Bowden Bros Ltd, Beijing HCRT Electrical Equipment, CELSA, KE ELECTRIC, Holystar, Electronsystem MD
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Circuit Fault Indicators Market Report Segments:
The global Circuit Fault Indicators market is segmented on the basis of:
Types
Overhead Circuit Fault Indicators, Cable Circuit Fault Indicators, Panel Circuit Fault Indicators
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(Schweitzer Engineering Laboratories)
- Horstmann
- ABB (Thomas & Betts)
- Eaton (Cooper Power Systems)
- CREAT
- Siemens
- SEMEUREKA
- BEHAUR SCITECH
- Elektro-Mechanik
- Schneider Electric
- SEL(Schweitzer Engineering Laboratories)
- Bowden Bros Ltd
- Beijing HCRT Electrical Equipment
- CELSA
- KE ELECTRIC
- Holystar
- Electronsystem MD
Highlights of The Circuit Fault 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 Circuit Fault Indicators
- Cable Circuit Fault Indicators
- Panel Circuit Fault Indicators
- 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 Circuit Fault 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.
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?
Circuit Fault Indicators (CFI) are a type of warning light that indicate when there is an electrical problem with a circuit.
Some of the key players operating in the circuit fault indicators market are SEL(Schweitzer Engineering Laboratories), Horstmann, ABB (Thomas & Betts), Eaton (Cooper Power Systems), CREAT, Siemens, SEMEUREKA, BEHAUR SCITECH, Elektro-Mechanik, Schneider Electric, SEL(Schweitzer Engineering Laboratories), Bowden Bros Ltd, Beijing HCRT Electrical Equipment, CELSA, KE ELECTRIC, Holystar, Electronsystem MD.
The circuit fault indicators 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 Circuit Fault Indicators 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 Circuit Fault Indicators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Circuit Fault Indicators 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 Circuit Fault Indicators 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 Circuit Fault Indicators Market Size & Forecast, 2018-2028
4.5.1 Circuit Fault Indicators Market Size and Y-o-Y Growth
4.5.2 Circuit Fault Indicators Market Absolute $ Opportunity
Chapter 5 Global Circuit Fault Indicators 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 Circuit Fault Indicators Market Size Forecast by Type
5.2.1 Overhead Circuit Fault Indicators
5.2.2 Cable Circuit Fault Indicators
5.2.3 Panel Circuit Fault Indicators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Circuit Fault Indicators 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 Circuit Fault Indicators Market Size Forecast by Applications
6.2.1 Earth Faults Indicators
6.2.2 Short-circuits Indicators
6.2.3 Short-circuit and Earth Fault Indicators
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Circuit Fault Indicators 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 Circuit Fault Indicators 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 Circuit Fault Indicators Analysis and Forecast
9.1 Introduction
9.2 North America Circuit Fault Indicators 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 Circuit Fault Indicators Market Size Forecast by Type
9.6.1 Overhead Circuit Fault Indicators
9.6.2 Cable Circuit Fault Indicators
9.6.3 Panel Circuit Fault Indicators
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 Circuit Fault Indicators Market Size Forecast by Applications
9.10.1 Earth Faults Indicators
9.10.2 Short-circuits Indicators
9.10.3 Short-circuit and Earth Fault Indicators
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 Circuit Fault Indicators Analysis and Forecast
10.1 Introduction
10.2 Europe Circuit Fault Indicators 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 Circuit Fault Indicators Market Size Forecast by Type
10.6.1 Overhead Circuit Fault Indicators
10.6.2 Cable Circuit Fault Indicators
10.6.3 Panel Circuit Fault Indicators
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 Circuit Fault Indicators Market Size Forecast by Applications
10.10.1 Earth Faults Indicators
10.10.2 Short-circuits Indicators
10.10.3 Short-circuit and Earth Fault Indicators
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 Circuit Fault Indicators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Circuit Fault Indicators 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 Circuit Fault Indicators Market Size Forecast by Type
11.6.1 Overhead Circuit Fault Indicators
11.6.2 Cable Circuit Fault Indicators
11.6.3 Panel Circuit Fault Indicators
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 Circuit Fault Indicators Market Size Forecast by Applications
11.10.1 Earth Faults Indicators
11.10.2 Short-circuits Indicators
11.10.3 Short-circuit and Earth Fault Indicators
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 Circuit Fault Indicators Analysis and Forecast
12.1 Introduction
12.2 Latin America Circuit Fault Indicators 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 Circuit Fault Indicators Market Size Forecast by Type
12.6.1 Overhead Circuit Fault Indicators
12.6.2 Cable Circuit Fault Indicators
12.6.3 Panel Circuit Fault Indicators
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 Circuit Fault Indicators Market Size Forecast by Applications
12.10.1 Earth Faults Indicators
12.10.2 Short-circuits Indicators
12.10.3 Short-circuit and Earth Fault Indicators
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) Circuit Fault Indicators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Circuit Fault Indicators 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) Circuit Fault Indicators Market Size Forecast by Type
13.6.1 Overhead Circuit Fault Indicators
13.6.2 Cable Circuit Fault Indicators
13.6.3 Panel Circuit Fault Indicators
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) Circuit Fault Indicators Market Size Forecast by Applications
13.10.1 Earth Faults Indicators
13.10.2 Short-circuits Indicators
13.10.3 Short-circuit and Earth Fault Indicators
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 Circuit Fault Indicators Market: Competitive Dashboard
14.2 Global Circuit Fault Indicators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SEL(Schweitzer Engineering Laboratories)
14.3.2 Horstmann
14.3.3 ABB (Thomas & Betts)
14.3.4 Eaton (Cooper Power Systems)
14.3.5 CREAT
14.3.6 Siemens
14.3.7 SEMEUREKA
14.3.8 BEHAUR SCITECH
14.3.9 Elektro-Mechanik
14.3.10 Schneider Electric
14.3.11 SEL(Schweitzer Engineering Laboratories)
14.3.12 Bowden Bros Ltd
14.3.13 Beijing HCRT Electrical Equipment
14.3.14 CELSA
14.3.15 KE ELECTRIC
14.3.16 Holystar
14.3.17 Electronsystem MD
