About Cable Fault Locator
Cable faults are damage the cables which affect the resistance in the cable. Cable fault locator is used for locating periodic faults, including insulation faults in cables. Cable fault locator provides various advantages such as low voltage drop, low maintenance, low chances of a fault occurring. It is widely used in urban areas.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Cable Fault Locator is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Elektro-Mechanik GmbH (EMG) (Germany), Nortroll AS (Norway), Bowden Bros Ltd (United Kingdom), ABB (Switzerland), Eaton (Ireland), Schweitzer Engineering Laboratories, Inc. (United States), BAUR GmbH (Austria) and Stanlay (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Platinum Tools (United States), CAHORS (India), Siemens AG (Germany), Schneider Electric (France) and H. Horstmann GmbH (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Cable Fault Locator market by , Application (Short circuit faults, Cable cuts, Resistive faults, Intermittent faults and Sheath faults) and Region.
On the basis of geography, the market of Cable Fault Locator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Channels will boost the Cable Fault Locator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage, the sub-segment i.e. 230V AC will boost the Cable Fault Locator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Color, the sub-segment i.e. Black will boost the Cable Fault Locator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Cable Faults in Industries and Need to adopt Innovative Techniques in Cable Fault Localization
Market Growth Drivers:
Increasing Applications of Cable Fault Locator in Industrial Sectors and Growing Urbanization Coupled with Rising Industrialization
Challenges:
Safety and Standardization
Restraints:
Problems with the use of Cable Fault Locator like High Voltages and High Required Costs for the Underground Cable Fault Locator
Opportunities:
Growing Implementation of Cable Fault Locator can create Opportunities for the Market Growth
Market Leaders and their expansionary development strategies
In October 2023, Vivax partners with training provider Power On. Vivax joined forces with Power On to offer comprehensive training programs on cable fault location with their Metloc instruments, upskilling the next generation of technicians in this crucial field.
In August 2023, Vivax launched Metloc Pro Plus Emphasizing ease of use, Vivax introduced the Metloc Pro Plus, featuring a clear graphical interface, automatic pulse selection, and guided fault location steps, catering to both seasoned technicians and newcomers alike.
Key Target Audience
Cable Fault Locator Manufacturers, Cable Fault Locator Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.