Digital Fault Recorder Market Statistics:
Digital fault recorder is a device used to monitor, access, and optimize any disturbance that might happen on the grid, power plants, and substations. Digital fault recorder stores the critical information within the substation and archives this data in a remote enterprise network location for permanent storage and analysis. The main advantages of digital fault recorder include secure data collection, meeting requirements of international fault recording standards, and providing a permanent detailed record of all substation activity at a nominal cost. Transimssion segment is expected to dominate the digital fault recorder market during the forecast period.
Based on type, the market is segmented into dedicated digital fault recorder and multifunctional digital fault recorder. The multifunctional segment is estimated to hold the largest share during the forecast period due to growing adoption of multifunctional digital fault recorder in the electricity network and power generation. The voltage segment includes less than 66 kV, 66-220 kV, and above 220 kV. The 66-220 kV segment is expected to hold the largest share during the forecast period due to increasing energy demand over long distances in the region. The digital fault recorder with voltage 66-220 kV are used to transmit power over long distances which is likely to drive the market for digital fault recorder.
The global digital fault recorder market is expected to grow at ~ 4.75% CAGR during the forecast period.
Drivers

Market Research Analysis
Browse In-depth Detailed Research Report [Table of Content, List of Figures, List of Tables] of Digital Fault Recorder Market Trends
GLOBAL DIGITAL FAULT RECORDER MARKET 2018-2023Scope of the Report
By Installation
- Generation
- Transmission
- Distribution
By Voltage
- Less than 66 kV
- 66-220 kV
- Above 220 kV
By Station
- Automated
- Non-Automated
By Type
- Dedicated
- Multifunctional
By Regions
- North America
- Asia-Pacific
- Europe
- Middle East & Africa
- South America
Key Players:
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Base Year | 2018 |
Companies Covered | 15 |
Pages | 111 |
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