05.01.2021 20:15:00
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Insights on the Fault Current Limiters Global Market to 2027 - Featuring ALS, Applied Materials and Siemens Among Others
DUBLIN, Jan. 5, 2021 /PRNewswire/ -- The "Fault Current Limiters - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 5th edition of this report. The 235-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Fault Current Limiters Market to Reach $7.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Fault Current Limiters estimated at US$4.7 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2027, growing at a CAGR of 7.8% over the period 2020-2027.
Superconducting Fault Current Limiter (SFCL), one of the segments analyzed in the report, is projected to record 8.4% CAGR and reach US$4.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-superconducting Fault Current Limiter (NSFCL) segment is readjusted to a revised 7.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 7.3% CAGR
The Fault Current Limiters market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 7.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.3% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.
Competitors identified in this market include, among others:
- ALS Ltd.
- American Superconductor Corporation
- Applied Materials, Inc.
- Gridon Ltd.
- Rongxin Power Electronic Co., Ltd.
- Siemens AG
- Superconductor Technologies, Inc. (STI)
- SuperPower, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Fault Current Limiter Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/fep9ep
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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SOURCE Research and Markets
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