Digital Fault Location Techniques in the Pipeline to Address Existing Challenges
High-voltage power lines are an imperative component of modern-day power distribution, energy, and automation systems. Over the last few decades, millions of miles of power cables have been laid down aerially. However, owing to the significant benefits offered by underground power lines, including harsh weather resistance in conditions, such as rain, pollution, snow, and storm among others, at present, an underground network of power lines is predominant in most parts of the world. However, although there are numerous fault location techniques available, underground lines continue to pose a significant challenge in establishing the exact location of the fault – a daunting task for technicians and other industry experts. The existing challenges can be effectively addressed by understanding the various fault locating techniques, adopting new technologies, and upgrading the existing fault location techniques. Further, as the digitalization trend continues to penetrate various industrial sectors worldwide, significant efforts are in place that focuses on detecting faults in power lines using digital techniques. Faults in power lines can occur due to a plethora of reasons, including breaking of the conductor, faults in insulation, and weakness of the cables among others. Detecting and addressing the faults in power lines is thus highly crucial to restoring power supply, and minimizing downtime and supply distribution.
Cable Fault Locator Market - Key Research Findings
- The global cable fault locator market is estimated to be valued at ~US$ 600 Mn in 2019.
- The cable fault locator market is projected to grow at a CAGR of ~10% during the forecast period of 2019-2029.
- Expanding Telecommunication and Electronic industries and advancing electricity transmission infrastructure are majorly boosting the growth of the cable fault locator market.
- Collectively, North America and Europe are expected to account for about ~40% of the revenue share in the cable fault locator industry by the end of 2029.
- Rapid growth in telecommunication industries in North America is fuelling the cable fault locator market growth.
- Moreover, significantly growing industries in Europe such as consumer appliances, electronics and electrical equipment are creating significant demand for cable fault locators.
Key Factors Shaping the Cable fault locator Market
Rapid Industrialisation in Asian Economies Fuelling Adoption
East and South Asian markets for cable fault locator are expected to grow at a significant CAGR during the forecast period, attributing to the presence of fast-growing economies, such as India and China within these regions. Rapid growth in industrialisation in this region is one of the prime factors that are expected to significantly fuel the growth of the market over the forecast period. The growth of the economies present in this region is primarily driven by industrialisation and urbanisation. The adoption of cable fault locators is expected to increase significantly in this region for checking faults in cables in various products. Thus, all these factors are expected to fuel the market growth of cable fault locators during forecast period at a substantial CAGR.
Flourishing Electronics & Telecom Industry Bolstering Market Growth
Growing electronics & telecommunication industry and telecom tower power systems across the world is driving the growth of the cable fault locators market. This industry uses many types of cables, which need high maintenance. The demand for cable fault locators is thus growing in these industries for finding the numerous type of faults related to cables. Furthermore, rapid growth in the power generation industry is resulting in substantial demand for cable fault locators. Types of cables used in the power generation industry range from 1 kV to 500 kV. Hence, cable fault locators are commonly used to find out faults such as intermittent faults, resistive faults, short circuit faults, and sheath faults in these cables. These factors are boosting the growth of the cable fault locator market. Moreover, electronics and electrical industries are rapidly expanding in East Asia & South Asia regions. Thus, cable fault locators are used to solve several faults that occur while manufacturing products. Therefore, these industries are contributing to the growth of the cable fault locator market.
Portable and Handheld Cable Fault Locators Enjoying High Demand
Manufacturers of cable fault locators are constantly focusing on bringing innovative developments in cable fault locators to improve their operational capabilities. Cable fault locators are witnessing increasing demand due to the availability of portable cable fault locators with advanced features. Changing industrial requirements and increasing production activities are boosting the demand for portable & handheld cable fault locators. In addition, cable fault locators offer advantages such as ease of usage, handheld options, display units, and others, which are driving the adoption of portable & handheld cable fault locators. Some of the key players operating in the cable fault locator market are focusing on the expansion of their product portfolios for sustaining in the market.
Cable Fault Locator Market Structure Analysis
- The global cable fault locator market is fragmented, due to high presence of various local level and global level manufacturers of cable fault locators.
- Leading players are focused on manufacturing cable fault locators with multi-functional features.
- The market is relatively moderate in size, due to various applications of cable fault locators in many industries.
- Leading players operating in the cable fault locator market are manufacturing products with advanced technologies for greater market penetration.
- For a stronger foothold in targeted regions, manufacturers of cable fault locators are advancing their product portfolios by continuously investing in research and development facilities.
Accuracy and Reliability Drive Ascending Adoption of Travelling Waves Technique
In the last couple of decades, fault detection by deploying traveling waves has emerged as one of the most efficient and reliable fault location technique, especially for long transmission lines. In addition, by integrating with line protection relays, traveling waves offer critical insights to technicians and operators. Although the traveling waves principle is a known concept within the power industry, in the current scenario, its adoption is on the rise owing to the limitations of impedance-based principles. The detection of fault locations by deploying the traveling wave principle offers significant benefits over phasor-based elements. Further, fault location is calculated by assessing the difference between the arrival times of the wave pulses – enhancing the accuracy and precision of the fault location process by a significant margin. In the current scenario, owing to advances in technology and the advent of innovative solutions, accurate measurement of time by utilizing digital substation tools is possible within various distributed devices. Moreover, another notable advantage that can be observed is that the principle of traveling waves is largely unaffected by series compensation of lengthy transmission lines. Moreover, as traveling waves are not only confined to applications in AC transmission lines and can be deployed for HVDC grids, traveling waves have garnered significant popularity over the course of the last decade.
Moreover, traveling waves propagate at a speed close to that of light – a critical factor that in transmitting data related to an existing fault to the line ends at a rapid pace enabling swift processing of the detected fault. Thus, all in all, owing to the limitations of impedance-based principles and favorable functionalities, the adoption of traveling wave techniques for fault detection in long transmission lines are expected to grow in the upcoming years.
Developed Regions on the Front Foot, East Asian Market Expected to Catchup
At present, the developed regions including North America and Europe are expected to stand strong in the global cable fault locator market owing to rapid development in fault location techniques, the introduction of innovative and effective techniques, and a strong presence of leading market players. In addition, companies including BAUR and Megger have consistently invested in product innovation and development – a trend that is applicable to numerous market players operating in the aforementioned regions. However, East Asia is likely to gain a significant market share in the upcoming years owing to large scale adoption of new fault location techniques such as time-domain reflectometry and robust growth of the telecommunications sector in nations including China, South Korea, and Japan.
Market Players Prioritize Product Innovation and Durability
Key players operating in the cable fault locator market are highly inclined towards enhancing their product portfolio by leveraging technological advances. Further, growing focus on introducing innovative products and improving the durability of existing products is a prominent strategy that several market players are likely to adopt in the near future, to establish a solid footprint in the competitive market landscape. For instance, BAUR GmbH Company recently developed a highly versatile and state-of-the-art vehicle-mounted cable fault location system that can be deployed to perform a range of applications. In addition, to improve their overall position in the market, manufacturers are concentrating their efforts to enhance operational capabilities of their cable fault locators.
High demand for cable sheath fault locators expected
Adoption of cable route tracker to grow
Demand from electrical & electronics industry to gather pace
High applicability in the telecommunication sector
How Growth will Unfold
The upsurge in demand for technologically advanced and innovative products within the network and telecommunications domain is expected to positively impact the demand for cutting-edge cable fault locator systems. Further, the advent of disruptive technologies including the Internet of Things (IoT) in the power industry, coupled with growing emphasis on minimizing power outage, power consumption, and costs, are some of the other factors that are likely to favor the growth of the cable fault locator market in the foreseeable future.
* This data is only a representation. Actual data may vary and will be available in report.
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Overview
Cable Fault Locator Market Analysis 2019 - 2029
A recent market study published by FMI on the Cable fault locator market includes global industry analysis for 2014-2018 & opportunity assessment for 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the Cable fault locator market, the growth prospects of the market are obtained with maximum precision.
Cable Fault Locators Market Taxonomy
The global Cable fault locator market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
Portability
- Portable
- Handheld
Product
- Cable Sheath Fault Locators
- Cable Route Tracer
- Time Domain Reflectometer
- Pinpointer
- Voltage Surge Generator
- Others
End Use
- Petroleum
- Electrical& Electronics
- Telecommunication
- Power Generation
- Mining
- Construction
- Others
Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
What's Included
The report starts with the executive summary of the cable fault locator market, which includes a summary of the key findings and statistics of the market. It also includes the demand & supply-side trends pertaining to the cable fault locator market.
Readers can find the definition and a detailed taxonomy of the cable fault locator market in this chapter, which will help them understand the basic information about the cable fault locator market. This section also highlights the inclusions and exclusions, which help readers understand the scope of the cable fault locator market report.
The cable fault locator market report provides key market trends that are expected to significantly impact market growth during the forecast period. Detailed industry trends are also provided in this section.
This section includes factors that have emerged as key successful factors and strategies adopted by key market participants.
This section explains the global market value analysis and forecast for the cable fault locator market in the forecast period 2019-2029. This chapter includes a detailed analysis of the historical cable fault locator market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year, and an incremental $ opportunity for the forecast period (2019–2029). Along with this, pricing analysis of the cable fault locator market at the regional level has been provided in this section. This section also explains the global market volume analysis and forecast for the cable fault locator market in the forecast period of 2019-2029.
This chapter explains key macro-economic factors that are expected to influence the growth of the cable fault locator market over the forecast period. Along with macroeconomic factors, this section also highlights the value chain, forecast factors, and top company’s historical growth outlook for the cable fault locator market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the section.
Based on portability, the cable fault locator market is segmented into portable and handheld. In this chapter, readers can find information about key trends and developments in the cable fault locator market and market attractiveness analysis based on portability type.
This chapter provides details about the cable fault locator market based on product, and has been classified into cable sheath fault Locators, cable route tracer, time domain reflectometer, pinpointer, voltage surge generator, and others. In this chapter, readers can understand the market attractiveness analysis based on product type.
This chapter provides details about the cable fault locator market based on end use, and has been classified petroleum, electrical & electronics, telecommunication, power generation, mining, construction, and others. In this chapter, readers can understand the market attractiveness analysis based on end use.
This chapter explains how the cable fault locator market will grow across various geographic regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, the Middle East & Africa (MEA), and Emerging Countries.
This chapter includes a detailed analysis of the growth of the North America cable fault locator market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find pricing analysis, regional trends, and market growth based on segments and countries in North America.
This chapter provides the growth scenario of the cable fault locator market in Latin American countries such as Brazil, Mexico, and the Rest of Latin America. Along with this, the assessment of the market across target segments has been provided.
Important growth prospects of the cable fault locator market based on its end users in several countries such as Germany, the U.K., France, Spain, Italy, Russia, BENELUX, and the Rest of Europe, are included in this chapter.
In this chapter, India, Malaysia, Thailand, Indonesia, and Rest of South Asia are the prime subjects of assessment to obtain the growth prospects of the South Asia cable fault locator market. Readers can find detailed information about the growth parameters of the South Asia cable fault locator market during the forecast period of 2019-2029.
This chapter highlights the growth of the cable fault locator market in East Asia by focusing on China, Japan, and South Korea. This section also helps readers understand key factors that are responsible for the growth of the cable fault locator market in East Asia.
This chapter highlights the growth of the cable fault locator market in Oceania by focusing on Australia and New Zealand. This section also helps readers understand key factors that are responsible for the growth of the cable fault locator market in Oceania.
This chapter provides information about how the cable fault locator market will grow in major countries in the MEA region such as Northern Africa, GCC Countries, South Africa, Turkey, and the Rest of MEA, during the forecast period of 2019-2029.
This section highlights the growth prospects of the cable fault locator market for emerging markets such as China, India, and Mexico.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the cable fault locator market, along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the cable fault locator market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Megger, Fluke Corporation, Hubbel Incorporated, PCE Deutschland GmbH, 3M, Electrocon Systems, hauvin Arnoux, Inc. (AEMC® Instruments), BAUR GmbH, and others.
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the cable fault locator market report.
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the cable fault locator market.
How the research was conducted?
Primary Research
- Chief Executive Officer
- Vice President
- Sales Head
- Product Manager
- Marketing Head
- Deputy Manager -Marketing & Communications
- Marketing Manager
- Sales Manager
- Distributors
- Customer Service Representative
- Current market dynamics and challenges
- Product Type Segment Split and Authenticity
- Yesteryear trends
- Market characteristics
- Competition structure and market structure
- Strategic growth initiatives
- End-Use Industry Segment Split and Authenticity
- Market segment splits and authenticity
- Near-term and long-term market growth prospects
- Opinions on market projections and validity of assumptions
Secondary Research
- International Telecommunication Union
- European Telecommunications Standards Institute
- Federal Energy Regulatory Commission
- International Energy Agency
Primary Interview Splits
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