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Digital Fault Recorder (DFR): Introduction

  • Digital Fault Recorder (DFR) is a device that is installed in a substation to record the waveform from a fault on a transmission line. It is a multi-functional data acquisition device that is able to record all waveform signals at a sampling rate of 1024 samples per cycle. Thus, it can monitor all power quality load profiles and synchrophasors. DFR provides complete isolation and analysis of any event and gives solutions for protection and optimum operation of the electric system. It is a powerful platform for cost-effective performance solution, acquisition, analysis, and data reporting from power system substations. Features of DFR include modular design, centralized & decentralized architecture, modern synchronization, comprehensive web-interface, and scalable architecture.
  • DFR uses communications to retrieve fault, disturbance, and sequence of event records that are captured by protection relays distributed throughout a substation. It internally stores this critical substation information, which is used in local station troubleshooting. It also archives this data in a remote enterprise network location for permanent storage and analysis. Rise in contracts, agreements, and product developments is fueling the global DFR market.

Key Drivers and Restraints of Global Digital Fault Recorder (DFR) Market

  • The global DFR market has developed significantly over the last few years. DFR plays an important role in addressing several issues associated with faults and disturbances in substations. Rise in usage of fault recorders in the power sector is expected to propel the DFR market during the forecast period.
  • Increase in demand for power due to growth in industrialization is estimated to create significant opportunities for the DFR market. Thus, the DFR market is anticipated to expand at a significant pace during the forecast period.

Digital Fault Recorder (DFR): Type Segment

  • In terms of type, the global DFR market can be segmented into dedicated and multifunctional
  • The multifunctional segment is expected to account for significant share of the global DFR market during the forecast period. It is anticipated to be followed by the dedicated segment.

Digital Fault Recorder (DFR): Installation Segment

  • In terms of installation, the global DFR market can be divided into generation, transmission, and distribution
  • The transmission segment is likely to account for major share of the global DFR market during the forecast period due to the increase in investments in power transmission infrastructure across the globe

Digital Fault Recorder (DFR): Station Segment

  • In terms of station, the global DFR market can be segregated into non-automated station and automated station
  • The automated segment is expected to account for significant share of the global DFR market during the forecast period

Digital Fault Recorder (DFR): Voltage Segment

  • In terms of voltage, the global DFR market can be classified into less than 66 kV, 66-220 kV, and above 220 kV
  • The 66-220 kV segment is estimated to expand at a rapid pace during the forecast period. It is projected to be followed by the above 220 kV segment.

Covid-19 Impact on Digital Fault Recorder (DFR) Market

  • On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.
  • Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
  • Manufacture of various consumer goods and other products across the globe has come to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the global DFR market.

Asia Pacific to Dominate Digital Fault Recorder (DFR) Market

  • In terms of region, the global DFR market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific dominated the global DFR market in 2020. This trend is anticipated to continue during the forecast period. This can be ascribed to the increase in government investments to improve power grid infrastructure in order to maximize the reliability of power systems. India is a rapidly growing country of the DFR market in Asia Pacific due to the rise in demand for power grid infrastructure in the country. Increase in demand for resources of renewable energy and power grid is also driving the DFR market in Asia Pacific.

Key Manufacturers Operating in Global Digital Fault Recorder (DFR) Market

The global DFR market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global DFR market include:

  • AMETEK.Inc.
  • DUCATI Energia Spa
  • ERL Phase Power Technologies Ltd.
  • Elspec LTD
  • General Electric Company
  • KoCoS Messtechnik AG
  • Kinkei System Corporation
  • LogicLab s.r.l.
  • Prosoft-Systems Ltd.
  • Qualitrol Company LLC
  • Siemens AG

Global Digital Fault Recorder (DFR) Market: Research Scope

Global Digital Fault Recorder (DFR) Market, by Type

  • Dedicated
  • Multifunctional

Global Digital Fault Recorder (DFR) Market, by Installation

  • Generation
  • Transmission
  • Distribution

Global Digital Fault Recorder (DFR) Market, by Station

  • Non-automated station
  • Automated station

Global Digital Fault Recorder (DFR) Market, by Voltage

  • Less than 66 kV
  • 66-220 kV
  • Above 220 kV

Global Digital Fault Recorder (DFR) Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

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Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Digital Fault Recorder Market

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