A FCL or fault current limiter aids the total current flowing through the electrical system and allows uninterrupted and continual operation of the system, akin to the surge protectors, which limit harmful currents to the household electrical devices. The necessity to upgrade the power network and modify the network is expected to result in rising demand for superconductors as a possible fault current limiter. The SFCL or Superconducting Fault Current Limiter eliminates the need for spending on the alteration of network. Fault circuit controllers help to make use of the speedy loss of conductivity above a critical arrangement of magnetic field, current density, and temperature. In usual operation, current flows across the conductor without any resistance and with small impedance. Additionally, the superconducting materials meet the performance prerequisites required for power system apparatuses for better functioning of the system, which in turn is likely to increase the usage of superconducting materials to attain the current limiting action.

Superconducting fault current limiters are considered to be the superior alternative as compared to traditional protection equipment and they form the majority of the global fault current limiter market. Nexans, one of the key players in the market offering power as well as communication solutions, has produced two resistive superconducting fault current limiters for grid deployment in the Europe region. Automotive fault circuit controllers that do not depend on superconducting materials for their performance include solid-state devices, current-limiting fuses, and a number of other technologies that are available for commercial use or are in their development phase.

Strict guidelines on emissions and rising fuel costs have obligated the OEMs (Original Equipment Manufacturers) to produce energy-efficient and lighter vehicle systems. As a result, the hydraulic as well as mechanical systems are substituted with electrical systems, triggering the volume of electrical power supported by a vehicle’s EWIS or Electrical Wire & Interconnect System to almost duple. With the rise in these systems, the supply voltages can vary from 12 to 20 V, dependent on the state of battery charge. Therefore, the growing interlinking of power systems is fuelling the probability that the switchboards will be exposed to excessively high short-circuit currents. Economic and reliable protection against these currents in the automotive industry is offered by the automotive fault current limiter. Hence, the market is likely to grow at a considerable rate during the forecast period.

The automotive fault circuit controller market is segmented by type, voltage, vehicle type, and geography. By type, the market is segmented into super conducting fault current limiter (SFCL), non- superconducting devices, and others. Super conducting fault current limiter  accounted for the maximum share of the market followed by non- superconducting devices SCFLs offer a variety of functional advantages such as ability to use speedy loss of conductivity above a critical arrangement of current density, magnetic field, and temperature  due to which this segment dominates the market. By voltage range, the automotive fault circuit controller market is divided into high (More than 40kV), low (Less than 1kV) and medium (1-40 kV). On the basis of vehicle type, the automotive fault circuit controller market is classified into hybrid vehicles, pure electric vehiclesand others

By geography, the global automotive fault circuit controller market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The automotive fault circuit controller market is likely to be dominated by Europe followed by North America. The market in the European region is driven by the increasing demand for energy-efficient resolutions for automotive electronics, resilient smart grid initiatives, and growing renewable projects. The market in the European region is also forecasted to be fuelled by the rising demand for electric vehicles in which a substantial amount of electrical components are used.

The key players operating in the global automotive fault circuit controllers market are ABB limited, American Superconductor Corporation, Siemens AG, Alstom, AMSC, Nexans, Applied Materials, Superpower Inc., Gridon and GE Industrial.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  

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.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Fault Circuit Controller Market

Pre Book