Fault current limiter technology provides a perfect solution to control fault current levels on utility distribution and transmission networks. The device remains invisible unlike reactors which possess some resistance during normal operation. This technology increases the efficiency and reliability of the electrical system and eliminates wide area blackouts, reduce localized disruptions, and improve recovery time when faults do occur.

Global Fault Current Limiter Market is projected to grow at a CAGR of 9.2% during 2015-2020, to reach a value of USD 5.2 Billion by 2020.

Factors driving the Fault Current Limiter Market include increase in interconnection of electric utility grid in emerging economies, demand for efficient & reliable power and growing government initiatives to expand and upgrade the existing T&D system.

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End-Users

Power Stations
Oil & Gas
Automotive
Steel & Aluminum
Paper Mills
Chemicals
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The scope of the report

There is scope for their usage in almost every industry related to technology, power, and transmission. All equipment and services related to electricity, power transmission, and electronics require circuit protection from overloads. Fault current limiter plays a crucial role in safeguarding the equipment and related machinery from circuit overload in almost every industry.

Stakeholders:

Raw material suppliers- these include Saint Gobain (France), AGC Group (Japan), Corning Inc. (U.S.), Fairchild Semiconductor (U.S.), Analog Devices (U.S.), Rotex (India), and Deltrol Controls (U.S.) among others
OEMs/FCL Manufacturers - these include ABB Group (Switzerland), Alstom (France), Nexans (France), American superconductors (U.S.), and GridON among others
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The leading players in the fault current limiter market include ABB Limited (Switzerland), Siemens AG (Germany), Alstom (France), Nexans (France), and AMSC (U.S.)


Premium Insights

· Attractive Growth Opportunities in Fault Current Limiter Market

· Fault Current Limiter Market- Region Wise Analysis

· Fault Current Limiter Market, By Type

· Fault Current Limiter Market: Asia-Pacific

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