Digital Fault Recorder Market is Thriving Worldwide 2020| AMETEK.Inc., DUCATI Energia Spa, ERLPhase Power Technologies Ltd., Elspec LTD, General Electric Company, KoCoS Messtechnik AG, Kinkei System Corporation, LogicLab s.r.l., Prosoft-Systems, Qualitrol

The Digital Fault Recorder Market is projected to grow at a moderate rate during the forecast period, as this technology is still in its nascent stage. Some of the utility operators across the world are still hesitant as the installation of digital field recorder involves high initial investment. Digital fault recorder is a device used to monitor, access, and optimize any disturbance that might happen on the grid, power plants, and substations.

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Digital fault recorder or DFR is an intelligent electronic device (IED). This device records information about disturbances in power systems. The digital fault recorders can store data in a digitized form based on certain conditions in the power systems. Some of the various types of data recorded by digital fault recorders include voltage, frequency, harmonics, etc. The global digital fault recorders market is expected to show steady growth due to the device's increasing adoption for power generation activities.

Based on type, the digital fault recorder (DFR) market can be bifurcated into dedicated and multifunctional. In terms of installation, the digital fault recorder (DFR) market can be segmented into generation, transmission, and distribution. Transmission is the key segment of the digital fault recorder (DFR) Market due to the increase in investments in the power transmission infrastructure across the globe. Based on station, the digital fault recorder (DFR) market can be segregated into non-automated station and automated station. In terms of voltage, the digital fault recorder (DFR) market can be classified into less than 66 kV, 66-220 kV, and above 220 kV.

The major growth drivers in the global digital fault recorder market are a rise in the need for dependable power supply systems and increasing demand related to the digital substation. Various governments are making huge investments for power grid infrastructures. These investments will aid in maximizing the power system's reliability. With increasing awareness about environment protection, various targets related to energy efficiency need to be achieved and digital fault recorder devices can help in the same.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. AMETEK.Inc.
2. DUCATI Energia Spa
3. ERLPhase Power Technologies Ltd.
4. Elspec LTD
5. General Electric Company
6. KoCoS Messtechnik AG
7. Kinkei System Corporation
8. LogicLab s.r.l.
9. Prosoft-Systems Ltd.
10. Qualitrol Company LLC
11. Siemens AG.

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Based on regions, the global digital fault recorder market can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. In the Asia Pacific region, developing economies, such as China and India, are anticipated to hold a substantial share of the digital fault recorder market.

This is due to huge government investments related to power grid infrastructures for amplifying the power system's reliability. In addition, increasing electricity demand owing to rapid industrialization in this region contributes to the popularity of the digital fault recorder market. Furthermore, the North American and European regions will show a steady growth in this market in the future.

Market Segmentation:
By Type:
Dedicated
Multifunctional

By Installation:
Generation
Transmission
Distribution

By Station:
Nonautomated
Automated
By Voltage:
Less Than 66 kV
66-220 kV
Above 220 kV

By Region:
North America
North America, by Country
US
Canada
Mexico
North America, by Type
North America, by Installation
North America, by Station
North America, by Voltage

Western Europe
Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
Western Europe, by Type
Western Europe, by Installation
Western Europe, by Station
Western Europe, by Voltage

Asia Pacific
Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
Asia Pacific, by Type
Asia Pacific, by Installation
Asia Pacific, by Station
Asia Pacific, by Voltage

Eastern Europe
Eastern Europe, by Country
Russia
Turkey
Rest of Eastern Europe
Eastern Europe, by Type
Eastern Europe, by Installation
Eastern Europe, by Station
Eastern Europe, by Voltage

Middle East
Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
Middle East, by Type
Middle East, by Installation
Middle East, by Station
Middle East, by Voltage

Rest of the World
Rest of the World, by Country
South America
Africa
Rest of the World, by Type
Rest of the World, by Installation
Rest of the World, by Station
Rest of the World, by Voltage

Objectives of this report:
To estimate the market size for the digital fault recorder market on a regional and global basis.
To identify major segments in the digital fault recorder market and evaluate their market shares and demand.
To provide a competitive scenario for the digital fault recorder market with major developments observed by key companies in the historic years.
To evaluate key factors governing the dynamics of the digital fault recorder market with their potential gravity during the forecast period.

Reasons to Buy This Report:
It provides niche insights for a decision about every possible segment helping in the strategic decision-making process.
Market size estimation of the digital fault recorder market on a regional and global basis.
A unique research design for market size estimation and forecast.
Identification of major companies operating in the market with related developments
Exhaustive scope to cover all the possible segments helping every stakeholder in the digital fault recorder market.

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