seobhushan (70)

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Cable Fault Locator Market is projected to reach
CAGR 10 by 2027
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Key Insights from Cable Fault Locator Market

• Recent trends in the cable fault locator market
  are propelled by an upsurge in research and
  development activities and investment initiatives
  by major industry participants.
• The cable fault locator market revenue from the
  petroleum industry is estimated to exhibit a
  remarkable CAGR of more than 5 over the
  estimated period. The rise is due to the
  large-scale adoption of power systems and
  electric equipment for various processes like
  cracking, distillation, treating, and conversion.
  
• Added to it, the petroleum industry records the
  deployment of heavy cables by large machinery for
  its operations. Primarily underground in many
  cases, these cables, however, require special
  attention for the maintenance of uninterrupted
  operation of the refineries.
• The growth is attributed to the escalating
  deployment of handheld cable fault locators given
  that they provide a tone for wire tracing and
  identification. These products are combined with
  innovative signal processing techniques that
  enable the location of water ingress, short
  circuits, splices, and other mismatches.

3
Regional Insights in Cable Fault Locator Market

• The European region is witnessing an increase in
  the number of public-private partnerships and
  government investments for boosting the telecom
  infrastructure in the region. Additionally,
  numerous regional cable fault locator
  manufacturers are inclined towards the
  development of innovative products for
  consolidation of market position.

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Major Companies in Cable Fault Locator Market

• Asian Contec Ltd.
• BAUR GmbH
• Bowden Bros Ltd.
• CAHORS
• Clinton Instrument
• Eaton Corporation
• Elektro-Mechanik GmbH (EMG)

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Industry Coverage

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