Smart Cable Guard System Market is expected to witness an exponential CAGR of 31.7% from 2018 to 2024

Global Smart Cable Guard System Market is expected to witness an exponential CAGR of 31.7% from 2018 to 2024.

Aging electrical network assets and additional advantages of this technology over traditional fault detection systems is expected to propel the market growth over the forecast period. Moreover, government support for installation of advanced power infrastructure across the globe is likely to give impetus to the market during 2018-2024.

The years used for the assessment are as follows;

Historical year : 2014, 2015, and 2016
Base year : 2017
Forecast period : 2018 – 2024

Download Sample Copy Of This Report From Here: http://www.amecoresearch.com/sample/12152

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total smart cable guard market and its various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the smart cable guard system market
Finalizing the overall size and share for the global smart cable guard system market

OBJECTIVES:

To classify the global smart cable guard system market into segments by components, end use industry, and region and analyze their growth prospects individually.
To analyze market trends, opportunities, drivers and restraints associated with the smart cable guard system market.
Profiling key companies operating in the global smart cable guard system market.
To study market response with respect to the mergers and acquisitions in the industry.

View Detail Report With Complete Table of Content@ http://www.amecoresearch.com/market-report/global-smart-cable-guard-system-market-emr-12152

MARKET SCOPE

The research scope for global smart cable guard system market is as follows:

By Components

Sensor Injector Unit
Control Unit
Software

By End Use Industry

Healthcare
Electric Power
Telecommunication
Small Industries
Others

Region

North America
Europe
Asia-Pacific (APAC)
Middle East and Africa (MEA)
Central and South America

FREE ANALYSIS

Aging electrical network assets and additional advantages provided by the smart cable guard system technology over traditional fault detection systems is expected to propel the market growth over the forecast period. Moreover, government support for installation of advanced power infrastructure across the globe is likely to give impetus to the market growth during 2018-2024.

Fault detection plays a crucial role in the distribution of power through transmission lines. Power cables deteriorate over time, and result in breakdowns and blackouts in the grid system. This results in loss to industrial assets and irreparable damages to the functioning of energy intensive manufacturing units. This has resulted in demand for a system which can automatically detect and notify the operators allowing them to take preemptive action.

Phase-earth faults and outages can be detected and located with acceptable accuracy by using smart cable guard system. Smart cable guard system employs the use of two sensor injector units (SIU), and two control units (CU), one of each at the cable termination point. The smart cable guard online monitoring system is used for high impedance grounded networks. This early warning system effectively saves operating cost of the distribution system. Moreover, the network faults repairing runs proactively instead of reactively, thereby reducing liability claims due to outages.

Europe is likely to witness the fastest CAGR during 2018-2024. The growth in the region can be attributed to initiatives taken by the local governments to promote adoption of new technologies inorder to save energy and minimize losses during transmission. Moreover, presence of key players in the region such as DNV GL AS, Locamation, and Alliander N.V. is also expected to propel the market growth during the forecast period.

Some of the key companies operating in the market include DNV GL AS; Alliander N.V.; Locamation; Enexis Netbeheer; Essar Electricals; High Voltage, Inc.; Surgetek; BAUR GmbH; Vinçotte; and Telemetrics, among others.

Table of Contents

Global Smart Cable Guard System Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

CHAPTER 1. Market Scope and Methodology

1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Components

1.2.2. Market Breakdown, By End Use Industry

1.2.3. Market Breakdown, By Region

1.3. Research Methodology

1.3.1. Initial Data Search

1.3.2. Secondary Research

1.3.3. Primary Research

1.3.4. Scope and Assumptions

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Market Outlook

2.2.1. Market Share

2.2.2. Opportunities and Trends

2.2.2.1. Usage of smart cable guard systems in nuclear power plants and offshore wind farms

2.2.2.2. Smart cable guard technology being adopted by utility power plants and industries

2.2.3. Growth Drivers

2.2.3.1. Aging electrical network assets

2.2.3.2. Additional advantages over traditional fault detection systems

2.2.3.3. Government support for installation of advanced power infrastructure

2.2.4. Impact Analysis of Drivers on Future Forecast of the Market

2.2.5. Restraints of the Market

2.2.5.1. Relatively high cost of smart cable guard system

2.2.6. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. PESTLE Analysis

3.2. Value Chain Analysis

3.3. Competitive Analysis

3.3.1. Company Market Share Analysis

3.3.2. Porter’s Five Forces Analysis

CHAPTER 4. Global Smart Cable Guard System Market Size and Forecast (2018 – 2024)

4.1. Global Smart Cable Guard System Market, By Components

4.1.1. Sensor Injector Unit

4.1.2. Control Unit

4.1.3. Software

4.2. Global Smart Cable Guard System Market, By End Use Industry

4.2.1. Healthcare

4.2.2. Electric Power

4.2.3. Small Industries

4.2.4. Others

CHAPTER 5. Global Smart Cable Guard System Market, By Region

5.1. North America Smart Cable Guard System Market (USD Million)

5.1.1. North America Smart Cable Guard System Market, By Components (USD Million)

5.1.2. North America Smart Cable Guard System Market, By End Use Industry (USD Million)

5.1.3. North America Smart Cable Guard System Market, By Country

5.1.3.1. U.S. Smart Cable Guard System Market (USD Million)

5.1.3.2. Rest of North America Smart Cable Guard System Market (USD Million)

5.2. Europe Smart Cable Guard System Market (USD Million)

5.2.1. Europe Smart Cable Guard System Market, By Components (USD Million)

5.2.2. Europe Smart Cable Guard System Market, By End Use Industry (USD Million)

5.2.3. Europe Smart Cable Guard System Market, By Country

5.2.3.1. U.K Smart Cable Guard System Market (USD Million)

5.2.3.2. Germany Smart Cable Guard System Market (USD Million)

5.2.3.3. France Smart Cable Guard System Market (USD Million)

5.2.3.4. Rest of Europe Smart Cable Guard System Market (USD Million)

5.3. Asia-Pacific Smart Cable Guard System Market (USD Million)

5.3.1. Asia-Pacific Smart Cable Guard System Market, By Components (USD Million)

5.3.2. Asia-Pacific Smart Cable Guard System Market, By End Use Industry (USD Million)

5.3.3. Asia-Pacific Smart Cable Guard System Market, By Country

5.3.3.1. China Smart Cable Guard System Market (USD Million)

5.3.3.2. Japan Smart Cable Guard System Market (USD Million)

5.3.3.3. India Smart Cable Guard System Market (USD Million)

5.3.3.4. Rest of Asia-Pacific Smart Cable Guard System Market (USD Million)

5.4. Rest of the World (ROW) Smart Cable Guard System Market (USD Million)

5.4.1. Rest of the World (ROW) Smart Cable Guard System Market, By Components (USD Million)

5.4.2. Rest of the World (ROW) Smart Cable Guard System Market, By End Use Industry (USD Million)

5.4.3. Rest of the World (ROW) Smart Cable Guard System Market, By Country

5.4.3.1. South Africa Smart Cable Guard System Market (USD Million)

5.4.3.2. Rest of ROW Smart Cable Guard System Market (USD Million)

CHAPTER 6. Key Players and Strategic Developments

6.1. DNV GL AS

6.1.1. Business Overview

6.1.2. Product and Service Offering

6.1.3. Financial Overview

6.1.4. Strategic Developments

6.2. Alliander N.V.

6.2.1. Business Overview

6.2.2. Product and Service Offering

6.2.3. Financial Overview

6.2.4. Strategic Developments

6.3. Locamation

6.3.1. Business Overview

6.3.2. Product and Service Offering

6.3.3. Financial Overview

6.3.4. Strategic Developments

6.4. Enexis Netbeheer

6.4.1. Business Overview

6.4.2. Product and Service Offering

6.4.3. Financial Overview

6.4.4. Strategic Developments

6.5. Essar Electricals

6.5.1. Business Overview

6.5.2. Product and Service Offering

6.5.3. Financial Overview

6.5.4. Strategic Developments

6.6. High Voltage, Inc.

6.6.1. Business Overview

6.6.2. Product and Service Offering

6.6.3. Financial Overview

6.6.4. Strategic Developments

6.7. Surgetek

6.7.1. Business Overview

6.7.2. Product and Service Offering

6.7.3. Financial Overview

6.7.4. Strategic Developments

6.8. BAUR GmbH

6.8.1. Business Overview

6.8.2. Product and Service Offering

6.8.3. Financial Overview

6.8.4. Strategic Developments

6.9. Vinçotte

6.9.1. Business Overview

6.9.2. Product and Service Offering

6.9.3. Financial Overview

6.9.4. Strategic Developments

6.10. Telemetrics

6.10.1. Business Overview

6.10.2. Product and Service Offering

6.10.3. Financial Overview

6.10.4. Strategic Developments

Quick Buy This Premium Report From Here: http://www.amecoresearch.com/buy/12152