Press Resease

Fault Current Limiter Market - By Voltage Range (Medium Voltage Fault Current Limiter, Low Voltage Fault Current Limiter, And High Voltage Fault Current Limiter), By Type (Non-Superconducting Fault Current Limiter And Superconducting Fault Current Limiter), By End-Users (Oil & Gas, Power Stations, Steel & Aluminum, Automotive, Chemicals, And Paper Mills) and by Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 17-Feb-2021 Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-1734 Status : Published

The global Fault Current Limiter market, which accrued revenue worth 3.01 (USD Billion) in 2018 and anticipated to garner earnings about 6.27 (USD Billion) by 2025, is set to grow at a CAGR of nearly 9.1% during the period from 2019 to 2025.

Description

The global Fault Current Limiter market, which accrued revenue worth 3.01 (USD Billion) in 2018 and anticipated to garner earnings about 6.27 (USD Billion) by 2025, is set to grow at a CAGR of nearly 9.1% during the period from 2019 to 2025. The report offers valuation and analysis of the Fault Current Limiter market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Fault Current Limiter Market : Outlook

Fault current is an abnormal flow of current found in an electric power system and it occurs as a result of short circuit. A fault current limiter is electric equipment that restricts the proportion of current flow through network and offers strong protection to transmission & distribution networks. Apparently, fault current limiter is utilized in power systems for reducing waste of electric supply. In addition to this, escalating concerns pertaining to offering of reliable supply of power to customers will impel the business growth over the assessment period. Fault current limiter helps the t & d systems to function efficiently by allowing incessant flow of power, thereby reducing the fault risk and improving customer safety.

Fault Current Limiter Market: Growth Drivers

Large-scale demand for proficient supply of electricity along with need for effective interconnection mechanism in power utility grid are few of the major aspects driving the expansion of fault current limiter industry over the forecast timeline. Growing need for smart electric grid infrastructure along with massive renewable energy trends will boost fault current limiter market expansion in the years ahead. Nevertheless, oscillating raw material costs will put brakes on the market growth over the forecast timeline.

Furthermore, humungous acceptance of superconducting fault current limiters will provide lucrative growth avenues for fault current limiter industry over the forecasting years. With many of the firms and utility operators funding safety equipment production, the market for fault current limiter is anticipated to gain traction in the years to come.

North American Fault Current Limiter Market To Register Humungous Growth By 2025

The expansion of fault current limiter industry in North America over the forecast timeline is due to upgrading of old transmission & distribution networks in the countries such as Canada and the U.S. In addition to this, swiftly expanding information & communication technology sector and need for incessant supply of power to data centers in countries like the U.S. will prompt the market penetration in the sub-continent over the forecast timeline. Huge allocation of funds for developing robust smart grid infrastructure for preventing power outages or blackouts at the remote locations will further prop up the expansion of fault current limiter industry in North America over the coming decade.

Key participants profiled in the study include Rongxin Power Electronic Co. Ltd., Siemens Ag, Alstom, Gridon, Superconductor Technologies Inc., American Superconductor Corporation, Superpower Inc., ABB LTD, Applied Materials, and Zenergy Power Electric Co.

The global fault current limiter market is segmented as follows:

By Type

  • Superconducting Fault Current Limiter
  • Non-Superconducting Fault Current Limiter

By Voltage Range

  • Medium Voltage Fault Current Limiter
  • Low Voltage Fault Current Limiter
  • High Voltage Fault Current Limiter

By End-User

  • Power stations
  • Oil & gas
  • Automotive
  • Paper mills
  • Chemicals
  • Steel & aluminum

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Fault Current Limiter Market, 2015–2025 (USD Billion)
    • 2.2. Fault Current Limiter Market: Snapshot
  • Chapter 3. Global Fault Current Limiter Market– Industry Analysis
    • 3.1. Fault Current Limiter Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Large-scale demand for proficient supply of electricity along with need for effective interconnection mechanism in power utility grid are few of the major aspects driving the expansion of fault current limiter industry over the forecast timeline.
      • 3.2.2. Humungous acceptance of superconducting fault current limiters will provide lucrative growth avenues for fault current limiter industry over the forecasting years.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Type
      • 3.4.2. Market attractiveness analysis By End-User
      • 3.4.3. Market attractiveness analysis By Vultage Range
  • Chapter 4. Global Fault Current Limiter Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Fault Current Limiter Market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Fault Current Limiter Market– Type Analysis
    • 5.1. Global Fault Current Limiter Marketoverview: By Type
      • 5.1.1. Global Fault Current Limiter Marketshare, By Type , 2018 and 2025
    • 5.2. Non-Superconducting Fault Current Limiter
      • 5.2.1. Global Fault Current Limiter Market By Non-Superconducting Fault Current Limiter , 2015–2025 (USD Billion)
    • 5.3. Superconducting Fault Current Limiter
      • 5.3.1. Global Fault Current Limiter MarketBy Superconducting Fault Current Limiter , 2015–2025 (USD Billion)
  • Chapter 6. Global Fault Current Limiter Market– End-User Analysis
    • 6.1. Global Fault Current Limiter Marketoverview: By End-User
      • 6.1.1. Global Fault Current Limiter Marketshare, By End-User, 2018 and 2025
    • 6.2. Oil & Gas
      • 6.2.1. Global Fault Current Limiter MarketBy Oil & Gas, 2015–2025 (USD Billion)
    • 6.3. Power Stations
      • 6.3.1. Global Fault Current Limiter MarketBy Power Stations, 2015–2025 (USD Billion)
    • 6.4. Steel & Aluminum
      • 6.4.1. Global Fault Current Limiter MarketBy Steel & Aluminum, 2015–2025 (USD Billion)
    • 6.5. Automotive
      • 6.5.1. Global Fault Current Limiter MarketBy Automotive, 2015–2025 (USD Billion)
    • 6.6. Chemicals
      • 6.6.1. Global Fault Current Limiter MarketBy Chemicals, 2015–2025 (USD Billion)
    • 6.7. Paper Mills
      • 6.7.1. Global Fault Current Limiter MarketBy Paper Mills, 2015–2025 (USD Billion)
  • Chapter 7. Global Fault Current Limiter Market– Vultage Range Analysis
    • 7.1. Global Fault Current Limiter Marketoverview: By Vultage Range
      • 7.1.1. Global Fault Current Limiter Marketshare, By Vultage Range , 2018 and 2025
    • 7.2. Medium Vultage Fault Current Limiter
      • 7.2.1. Global Fault Current Limiter MarketBy Medium Vultage Fault Current Limiter, 2015–2025 (USD Billion)
    • 7.3. Low Vultage Fault Current Limiter
      • 7.3.1. Global Fault Current Limiter MarketBy Low Vultage Fault Current Limiter , 2015–2025 (USD Billion)
    • 7.4. High Vultage Fault Current Limiter
      • 7.4.1. Global Fault Current Limiter MarketBy High Vultage Fault Current Limiter , 2015–2025 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. Alstom
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfulio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. American Superconductor Corporation
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfulio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. ABB LTD
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfulio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Applied Materials
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfulio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Siemens Ag
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfulio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. Superpower Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfulio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Gridon
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfulio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Rongxin Power Electronic Co. Ltd.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfulio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Superconductor Technulogies Inc.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfulio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Zenergy Power Electric Co.
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfulio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development

Methodology


Frequently Asked Questions

Large-scale demand for proficient supply of electricity along with need for effective interconnection mechanism in power utility grid are few of the major aspects driving the expansion of fault current limiter industry over the forecast timeline. Growing need for smart electric grid infrastructure along with massive renewable energy trends will boost fault current limiter market expansion in the years ahead. Furthermore, humungous acceptance of superconducting fault current limiters will provide lucrative growth avenues for fault current limiter industry over the forecasting years. With many of the firms and utility operators funding safety equipment production, the market for fault current limiter is anticipated to gain traction in the years to come.

According to Zion market research report, the global Fault Current Limiter market, which accrued revenue worth 3.01 (USD Billion) in 2018 and anticipated to garner earnings about 6.27 (USD Billion) by 2025, is set to grow at a CAGR of nearly 9.1% during the period from 2019 to 2025.

North America is likely to make noteworthy contributions towards overall market revenue during forecast period. The regional market growth over 2019-2025 can be credited to upgrading of old transmission & distribution networks in the countries such as Canada and the U.S. In addition to this, swiftly expanding information & communication technology sector and need for incessant supply of power to data centers in countries like the U.S. will prompt the market penetration in the sub-continent over the forecast timeline. Huge allocation of funds for developing robust smart grid infrastructure for preventing power outages or blackouts at the remote locations will further prop up the expansion of fault current limiter industry in North America over the coming decade.

The key players profiled in the report include Rongxin Power Electronic Co. Ltd., Siemens Ag, Alstom, Gridon, Superconductor Technologies Inc., American Superconductor Corporation, Superpower Inc., ABB LTD, Applied Materials, and Zenergy Power Electric Co.

}
Office Address

Corporate Office
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office
3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com