Global Fault Current Limiter Market Size & Outlook
The fault current limiter industry worldwide is expected to reach a projected revenue of US$ 8,022.0 million by 2030. A compound annual growth rate of 6.5% is expected of the worldwide fault current limiter industry from 2024 to 2030.
Revenue, 2023 (US$M)
$5,178.7
Forecast, 2030 (US$M)
$8,022.0
CAGR, 2024 - 2030
6.5%
Report Coverage
Worldwide
Global fault current limiter market, 2018-2030 (US$M)
Global fault current limiter market highlights
- The global fault current limiter market generated a revenue of USD 5,178.7 million in 2023 and is expected to reach USD 8,022.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.5% by 2030.
- In terms of segment, superconducting accounted for a revenue of USD 5,178.7 million in 2023.
- Superconducting is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 5,178.7 million |
| Market revenue in 2030 | USD 8,022.0 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Superconducting |
| Fastest growing segment | Superconducting |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Superconducting |
Other key industry trends
- In terms of revenue, the North America accounted for 28.0% of the global fault current limiter market in 2023.
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Fault Current Limiter Market Scope
Fault current limiter market segmentation & scope
Voltage Range
High
Medium
Low
End Use
Power Stations
Oil & Gas
Automotive
Paper mills
Chemicals
Steel & Aluminum
Countries
Argentina
Brazil
Denmark
Norway
France
Germany
Spain
Sweden
UK
Canada
Mexico
U.S.
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand
Fault Current Limiter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fault current limiter market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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