Global Fault Current Limiters Industry (2020 to 2027) - Market Trends and Drivers

Dublin, Dec. 23, 2020 (GLOBE NEWSWIRE) -- 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/xynguk

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