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Home » Semiconductor and Electronics » Cable Fault Locator Market Size, Share Report

Cable Fault Locator Market By Product Type (Handheld Cable Fault Locators, Portable Cable Fault Locators, Fixed Cable Fault Locators); By Technology (Time Domain Reflectometry [TDR], Arc Reflection Method [ARM], Bridge Circuit, Others [Surge Wave, Acoustic Methods]); By Application (Underground Cable Fault Detection, Overhead Cable Fault Detection, Submarine Cable Fault Detection); By End-User (Power Utilities, Telecommunications, Mining, Construction, Oil & Gas, Railways); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: OCT-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 40306510

The cable fault locator market was worth USD 710 million in 2023 and will be worth USD 1278.57 billion by 2030, growing at a CAGR of 7.63% during the forecast period.

 

The growth in the Cable Fault Locator market is affected by the growing requirement for uninterruptible power supply and the emergence of new power infrastructure in several parts of the world, especially in developing nations. Global energy demand is projected to grow by 30% by 2040 or earlier, and hence, the power grids will be under immense pressure to remain reliable and can diagnose and self-heal in the event of failure. The Cable fault locators contribute to reducing the downtimes of the systems by determining faults on underground and overhead cables. For example, in 2022, Megger introduced an advanced time-domain reflectometry (TDR) device for locating cable faults more accurately and efficiently. An increase in smart grid technologies and renewable power systems also helps drive the high performance of cable fault locators as fault identification becomes prominent in maintaining energy distribution reliability across networks.

 

The Cable Fault Locator market is expected to have vast opportunities due to the increasing demand for effective and accurate power transmission systems deemed necessary, with the expected global renewable power capacity to rise by approximately 50% by 2025. This transition to renewable energy structures while at the same time having older power structures encourages a need for fault detection technologies. For example, Fluke Networks launched this new series of portable cable fault locators in 2023 and was equipped with higher accuracy for renewable energy industries such as wind and solar. Moreover, increasing trends of smart grid and automation in the utility industry create other opportunities for cable fault locators as these instruments are crucial to assuring system availability and minimizing outage time in today’s complex power networks.

 

Market Segmentation

By Product Type:

  • Handheld Cable Fault Locators

  • Portable Cable Fault Locators

  • Fixed Cable Fault Locators

 

By Technology:

  • Time Domain Reflectometry (TDR)

  • Arc Reflection Method (ARM)

  • Bridge Circuit

  • Others (Surge Wave, Acoustic Methods)

 

By Application:

  • Underground Cable Fault Detection

  • Overhead Cable Fault Detection

  • Submarine Cable Fault Detection

 

By End-User:

  • Power Utilities

  • Telecommunications

  • Mining

  • Construction

  • Oil & Gas

  • Railways

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

North America is the largest consumer of Cable Fault locators due to the large energy and utility sector and the ongoing process of upgrading the old power infrastructure. The United States alone is projected to spend more than $100 billion to build the grid through 2030, with initiatives aimed at better fault inspection and fixing time. The growing use of smart grids and renewable energy facilities like solar and wind power has increased the call for cable fault detection technologies. Fluke Networks developed its newer model of portable cable fault locators in 2023 and aimed the product into the North American utility industry to improve its efficiency and thus reduce power failures. The continued focus on the ’shock-proofing’ of the region’s infrastructure and the constant enhancements to the continent’s utility infrastructure cement North America’s place as the global market’s leader.

 

Key Players

  • Megger

  • Fluke Networks

  • HV Hipot Electric Co., Ltd.

  • BAUR GmbH

  • Kehui International

  • Schneider Electric

  • Greenlee (A Textron Company)

  • Hilkar

  • InterFlex

  • AEMC Instruments

Frequently Asked Question About This Report

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Table of Contents

1.    CABLE FAULT LOCATOR  MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    CABLE FAULT LOCATOR  MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – CABLE FAULT LOCATOR  MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Product Type of CABLE FAULT LOCATOR  and End Use Outlook Analysis
4.    HISTORIC TRENDS IN CABLE FAULT LOCATOR  MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA CABLE FAULT LOCATOR  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America CABLE FAULT LOCATOR  Historical Market ($MILLION), (2017 – 2023)
6.2. North America CABLE FAULT LOCATOR  Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type
6.3.1. Handheld Cable Fault Locators
6.3.2. Portable Cable Fault Locators
6.3.3. Fixed Cable Fault Locators
6.4. North America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
6.4.1. Time Domain Reflectometry (TDR)
6.4.2. Arc Reflection Method (ARM)
6.4.3. Bridge Circuit
6.4.4. Others (Surge Wave, Acoustic Methods)
6.5. North America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
6.5.1. Power Utilities
6.5.2. Telecommunications
6.5.3. Mining
6.5.4. Construction
6.5.5. Oil & Gas
6.5.6. Railways
6.6. North America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
6.6.1. Underground Cable Fault Detection
6.6.2. Overhead Cable Fault Detection
6.6.3. Submarine Cable Fault Detection
6.7. North America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.7.1. USA
6.7.2. Canada
6.7.3. Rest of North America
7.    USA CABLE FAULT LOCATOR  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE CABLE FAULT LOCATOR  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe CABLE FAULT LOCATOR  Historical Market ($MILLION), (2017 – 2023)
8.2. Europe CABLE FAULT LOCATOR  Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type
8.4. Europe CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
8.5. Europe CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
8.6. Europe CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
8.7. Europe CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.7.1. Germany
8.7.2. France
8.7.3. UK
8.7.4. Italy
8.7.5. Spain
8.7.6. Rest of Europe
9.    APAC CABLE FAULT LOCATOR  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC CABLE FAULT LOCATOR  Historical Market ($MILLION), (2017 – 2023)
9.2. APAC CABLE FAULT LOCATOR  Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type
9.4. APAC CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
9.5. APAC CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
9.6. APAC CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
9.7. APAC CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.7.1. China
9.7.2. Japan
9.7.3. South Korea
9.7.4. India
9.7.5. Australia
9.7.6. Rest of APAC
10.    LATIN AMERICA CABLE FAULT LOCATOR  MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America CABLE FAULT LOCATOR  Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America CABLE FAULT LOCATOR  Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Product Type
10.4. Latin America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology
10.5. Latin America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
10.6. Latin America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
10.7. Latin America CABLE FAULT LOCATOR  Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.7.1. Brazil
10.7.2. Argentina
10.7.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. Megger
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. Fluke Networks
11.3. HV Hipot Electric Co., Ltd.
11.4. BAUR GmbH
11.5. Kehui International
11.6. Schneider Electric
11.7. Greenlee (A Textron Company)
11.8. Hilkar
11.9. OTHER MARKET PLAYERS