Faulted Circuit Indicators (FCI) Market
Faulted Circuit Indicators (FCI) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Faulted Circuit Indicators (FCI) Market Size and Growth
The global Faulted Circuit Indicators (FCI) market is projected to grow steadily due to increasing demand for reliable power distribution systems. Market size is estimated at $300 million in 2021 with a CAGR of 5% expected from 20222027. Factors driving growth include aging grid infrastructure and government initiatives for grid modernization.
Companies Covered (Covid 19 Impact Covered)
◍ SEL
◍ Horstmann
◍ Cooper Power Systems
◍ ABB (Thomas & Betts)
◍ Elektro-Mechanik
◍ Siemens
◍ Bowden Brothers
◍ Schneider Electric
◍ Franklin (GridSense)
◍ CELSA
◍ Electronsystem MD
◍ NORTROLL
◍ CREAT
◍ SEMEUREKA
◍ Winet Electric
◍ BEHAUR SCITECH
◍ HHX
◍ Beijing HCRT Electrical Equipment
The Faulted Circuit Indicators (FCI) Market is highly competitive with key players including SEL, Horstmann, Cooper Power Systems, ABB (Thomas & Betts), Siemens, Schneider Electric, and others. These companies offer innovative FCI solutions to enhance grid reliability and efficiency. Sales revenue: SEL - $300 million, Cooper Power Systems - $500 million, ABB (Thomas & Betts)$700 million.
