Forecast of Global Fault Circuit Indicators Players Market 2023

Global Fault Circuit Market Indicators will register a 2.9% CAGR in terms of revenue, reach US$ 170 million by 2023, from US$ 140 million in 2017. Fault circuit indicators are devices which indicate the passage of fault current. When properly applied, they can reduce operating costs and reduce service interruptions by identifying the section of cable that has failed. At the same time, fault indicators can increase safety and reduce equipment damage by reducing the need for hazardous fault chasing procedures.