What is Digital Fault Recorder Market?
A digital fault recorder (DFR) is an intelligent electronic device that monitors and assesses the low, medium and high-voltage networks in transformer sub-stations and power plants. It monitors and records any disturbance that may happen on the grid. DFR monitors processes and events such as short circuits, critical load cases, breaking operations of the transformer and power fluctuations that may happen on the line. It has numerous benefits such as a permanent detailed record of all substation activity at a fraction of the cost, provides secure data collection while also isolating the IED network, permits recording of internal protection relay operands and calculations in Sequence of Events (SOE) and Fault records and meets requirements of international Fault Recording standards.
The market study is being classified by Type (Dedicated and Multifunctional) and major geographies with country level break-up.
Ducati Energia SpA (Italy), ABB (Switzerland), AMETEK, Inc. (United States), GE (United States), Siemens AG (Germany), Ducati Energia (Italy), Elspec Engineering Ltd. (Israel), ERLPhase Power Technologies Ltd. (Canada), Kinkei System Corporation (Japan), Prosoft Systems (Russia) and Qualitrol (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Macher Distribution Ltd (United Kingdom) and KoCoS Messtechnik AG (Germany).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Digital Fault Recorder market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Digital Fault Recorder market by Type, Application and Region.
On the basis of geography, the market of Digital Fault Recorder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Demand for Substation Distributed Digital Fault Recording
- Increasing Need for Reliable Power System Operation
- Rising Demand for Digital Substation
- Increasing use for Monitoring of System Protection Performance
- High Initial Investment for Digital Fault Recorder
- Increasing Demand from the Asia Pacific Region
- Increased Investments in Renewable Energy Projects
- Technological Complexities Associated with Digital Fault Recorder
Key Target AudienceDigital Fault Recorder Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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