Global Fault Current Limiter Market Size & Outlook
The global fault current limiter market size was estimated at USD 5,480.6 million in 2024 and is projected to reach USD 8,022.0 million by 2030, growing at a CAGR of 6.7% from 2025 to 2030.
Revenue, 2024 (US$M)
$5,480.6
Forecast, 2030 (US$M)
$8,022.0
CAGR, 2025 - 2030
6.7%
Report Coverage
Worldwide
Global fault current limiter market, 2018-2030 (US$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 |
|---|---|---|---|---|
| Zenergy Power plc | View profile | 101-250 | London, England, United Kingdom, Europe | - |
| Rongxin Power Electronic | View profile | - | Shenzhen, Guangdong, China, Asia | - |
| American Superconductor Corp | View profile | 337 | 114 East Main Street, Ayer, MA, United States, 01432 | https://www.amsc.com |
| Superconductor Technologies | View profile | 11-50 | Austin, Texas, United States, North America | http://suptech.com |
| Nexans | View profile | 28541 | Nexans 4, allée de l’Arche, Courbevoie, France, 92400 | http://www.nexans.com |
| Alstom SA | View profile | 84748 | 48, Rue Albert Dhalenne, Saint-Ouen-sur-Seine, Paris, France, 93400 | https://www.alstom.com |
| Applied Materials Inc | View profile | 34000 | 3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, United States, 95052-8039 | https://www.appliedmaterials.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
Global fault current limiter market size, by regions, 2018-2030 (US$M)
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