A detailed analysis of the market, including market size, share, value, growth, and current trends for the years 2021–2031, is provided in the FMI report on the global market for digital fault recorders (DFR). The distributed electric power system is monitored and recorded using digital fault recorders (DFRs), which use multiphase waveforms to quickly spot faults, failing or interrupting equipment, improper tripping, and the best tripping delay settings.
In order to optimise the amount of fault data captured and improve decision-making, the recorders use highly accurate measurement chains. The low-, medium-, and high-voltage networks in transformer sub-stations and power plants are specifically constructed for these recorders to monitor and evaluate.
Short circuits, severe load instances, transformer breaking operations, and power fluctuations that may occur on the line are a few of the events and processes that the digital fault recorder may monitor. Enabling engineers to correctly monitor the electricity grid or power plants, the device can act as a reporting and management tool.
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Impact of COVID-19 Pandemic Outbreak on Digital Fault Recorders (DFR) Market
The outbreak of COVID-19 virus in Q1,2020 has spread to almost 200+ countries worldwide. The impact of COVID-19 has already started to negatively affect semiconductor market, and has directly affected the production and demand of semiconductor electronics.
Governments across the globe have taken severe confinement measures, including restricting shopping activities, businesses, rallies, theatres, universities, and other crowd gathering activities.
The on-going measures has resulted in significant reductions in daily commercial and industrial electricity demands. However, the residential electricity consumptions has relatively increased as majority of businesses have switched to work-from-home option.
Digital Fault Recorders (DFR) Market: – Market Dynamics
Growing Demand for Digital Substations would propel the growth of DFR Market
Day by day, the entire electrical system is changing with huge pace. The electricity generation systems is becoming highly distributed to countless locations. Several technological advancements are taking place in electrical systems to make them smarter, efficient, and more organized management system for uninterrupted electricity supply and demand.
Digital substations comprises of thousands of sensors to provide great comfort, availability, and safety and while at the same time reduces costs, risks, and environmental damage.
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Digital Fault Recorders (DFR) Market: – Key Players
Key players in the DFR market are focusing on product innovation and strategic partnerships with other technology vendors to develop advanced DFRs for smart grid infrastructures. The major players offering DFR include
- General Electric
- Siemens, Ametek
- Qualitrol
- Elspec
- Mehta Tech
- Prosoft Systems
- Kocos
- Logiclab
- Others
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Rest of Europe)
- East Asia (China, South Korea, Japan)
- South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia)
- Middle East and Africa (GCC Countries, Turkey, South Africa, Rest of MEA)
Digital Fault Recorders (DFR) Market: – Segmentation
By Appliance :
- Digital Fault Recorders
- Services
By Voltage :
- Less Than 66 kV
- 66 – 220kv
- Above 220 kV
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