Description
Protective Relay Market Research Report- Forecast till 2026
Market Scenario
The global protective relay market is anticipated to register a healthy CAGR of 7.10% from 2019 to 2024 to surpass USD 5.20 billion during the review period. A protective relay is a sensing instrument to trip a circuit breaker when a fault is detected. It assists with ensuring engines and circuit breakers and gives framework data to help deal with the force framework. Highlights of defensive transfer incorporate dependability, speed, affectability, and others. The working guideline of defensive transfer relies upon the electromagnetic fascination and the hand-off chips away at both the AC and DC power supply. Introducing defensive transfer would assist with wiping out the danger of harm in enormous modern offices. The global market growth is mainly attributed to the rising investment in transmission and distribution infrastructure.
The global Protective Relay market is anticipated to witness a notable market growth rate during the review period, owing to the increasing renewable industry and growing industrialization which would lead to an increase in the protective relay requirement in upcoming years. Also, the market growth is driven by the renewable energy demand, expansion of the T&D network.
Market Segmentation
Global Protective Relay market has been divided into voltage, type, end-user, and region. In terms of type segment, the market is categorized into the feeder, transmission line, motor, transformer, generator, and others. The feeder segment is expected to register the largest market share owing to the increasing transmission & distribution network across the globe which would result in a consistent surge in the number of substations and raise the demand for feeder protection relays.
Based on the end-user segment the global Protective Relay market is further classified into, including utility, industrial, renewables, and marine. However, the Utility segment of the global Protective Relay market is estimated to register the highest growth rate during the forecast period.
Regional Analysis
As per T&D World, electric utilities would put USD 3.2 trillion internationally in the new and substitution of transmission and conveyance foundation from 2017 to 2027. India and China would be significant business sectors with expansion in the interest in the following 10 years. Additionally, North America is putting broadly in building a new T&D foundation, basically determined by the need to improve the dependability and limit of the North American transmission organization.
Asia-Pacific at present houses the biggest number of transmission and dissemination development projects. For example, the US is probably going to decrease its ozone harming substance emanation which would help the interest for defensive transfers in the power industry in North America. Likewise, North America holds a sig indicant share in the defensive transfers market as nations, for example, the US and Canada are going through retrofitting and redoing of the existing network framework.
Major Players
The major players of the global Protective Relay market are ABB (Switzerland), General Electric (US), Mitsubishi Electric Corporation (Japan), Schneider Electric (France), Toshiba Corporation (US), Fanox Electronics (Spain), Basler Electric (US), Siemens (Germany), Littlefuse Inc. (US), and Schweitzer Engineering Laboratories.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 PRIMARY RESEARCH
3.2 SECONDARY RESEARCH
3.3 MARKET SIZE ESTIMATION
3.4 FORECAST MODEL
3.5 LIST OF ASSUMPTIONS
3.6 LIMITATIONS OF THE STUDY
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION
5.2 MARKET DRIVERS
5.3 MARKET RESTRAINTS
5.4 MARKET OPPORTUNITIES
5.5 PORTER’S FIVE FORCES ANALYSIS
5.5.1 THREAT OF NEW ENTRANTS
5.5.2 BARGAINING POWER OF BUYERS
5.5.3 BARGAINING POWER OF SUPPLIERS
5.5.4 THREAT OF SUBSTITUTES
5.5.5 INTENSITY OF RIVALRY
5.6 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
6 GLOBAL PROTECTIVE RELAY MARKET, BY VOLTAGE
6.1 INTRODUCTION
6.2 HIGH
6.2.1 MARKET ESTIMATES & FORECAST, 2017-2024
6.2.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
6.3 MEDIUM
6.3.1 MARKET ESTIMATES & FORECAST, 2017-2024
6.3.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
6.4 LOW
6.4.1 MARKET ESTIMATES & FORECAST, 2017-2024
6.4.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
7 GLOBAL PROTECTIVE RELAY MARKET, BY TYPE
7.1 INTRODUCTION
7.2 FEEDER
7.2.1 MARKET ESTIMATES & FORECAST, 2017-2024
7.2.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
7.3 TRANSMISSION LINE
7.3.1 MARKET ESTIMATES & FORECAST, 2017-2024
7.3.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
7.4 MOTOR
7.4.1 MARKET ESTIMATES & FORECAST, 2017-2024
7.4.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
7.5 TRANSFORMER
7.5.1 MARKET ESTIMATES & FORECAST, 2017-2024
7.5.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
7.6 GENERATOR
7.6.1 MARKET ESTIMATES & FORECAST, 2017-2024
7.6.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
7.7 OTHERS
7.7.1 MARKET ESTIMATES & FORECAST, 2017-2024
7.7.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
8 GLOBAL PROTECTIVE RELAY MARKET, BY END-USER
8.1 INTRODUCTION
8.2 UTILITY
8.2.1 MARKET ESTIMATES & FORECAST, 2017-2024
8.2.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
8.3 INDUSTRIAL
8.3.1 MARKET ESTIMATES & FORECAST, 2017-2024
8.3.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
8.4 RENEWABLES
8.4.1 MARKET ESTIMATES & FORECAST, 2017-2024
8.4.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
8.5 MARINE
8.5.1 MARKET ESTIMATES & FORECAST, 2017-2024
8.5.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018-2024
9 GLOBAL PROTECTIVE RELAY MARKET, BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.2.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.2.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.2.4 MARKET ESTIMATES & FORECAST, BY COUNTRY, 2017-2024
9.2.5 US
9.2.5.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.2.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.2.5.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.2.6 CANADA
9.2.6.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.2.6.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.2.6.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.2.7 MEXICO
9.2.7.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.2.7.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.2.7.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.3 EUROPE
9.3.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.3.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.3.3 MARKET ESTIMATES & FORECAST, BY BOILER HORSEPOWER, 2017-2024
9.3.4 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.3.5 MARKET ESTIMATES & FORECAST, BY COUNTRY, 2017-2024
9.3.6 GERMANY
9.3.6.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.3.6.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.3.6.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.3.7 UK
9.3.7.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.3.7.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.3.7.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.3.8 SPAIN
9.3.8.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.3.8.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.3.8.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.3.9 ITALY
9.3.9.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.3.9.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.3.9.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.3.10 REST OF EUROPE
9.3.10.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.3.10.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.3.10.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.4 ASIA-PACIFIC
9.4.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.4.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.4.3 MARKET ESTIMATES & FORECAST, BY COUNTRY, 2017-2024
9.4.4 CHINA
9.4.4.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.4.4.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.4.4.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.4.5 INDIA
9.4.5.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.4.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.4.5.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.4.6 AUSTRALIA
9.4.6.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.4.6.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.4.6.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.4.7 REST OF ASIA-PACIFIC
9.4.7.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.4.7.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.4.7.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.5 MIDDLE EAST & AFRICA
9.5.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.5.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.5.4 MARKET ESTIMATES & FORECAST, BY COUNTRY, 2017-2024
9.5.5 SAUDI ARABIA
9.5.5.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.5.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.5.5.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.5.6 UAE
9.5.6.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.5.6.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.5.6.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.5.7 SOUTH AFRICA
9.5.7.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.5.7.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.5.7.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.5.8 NIGERIA
9.5.8.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.5.8.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.5.8.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.5.9 REST OF THE MIDDLE EAST & AFRICA
9.5.9.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.5.9.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.5.9.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.6 SOUTH AMERICA
9.6.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.6.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.6.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.6.4 MARKET ESTIMATES & FORECAST, BY COUNTRY, 2017-2024
9.6.5 BRAZIL
9.6.5.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.6.5.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.6.5.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.6.6 ARGENTINA
9.6.6.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.6.6.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.6.6.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
9.6.7 REST OF SOUTH AMERICA
9.6.7.1 MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2017-2024
9.6.7.2 MARKET ESTIMATES & FORECAST, BY TYPE, 2017-2024
9.6.7.3 MARKET ESTIMATES & FORECAST, BY END-USER, 2017-2024
10 COMPETITIVE LANDSCAPE
10.1 COMPETITIVE SCENARIO
10.2 COMPETITIVE BENCHMARKING OF THE GLOBAL PROTECTIVE RELAY MARKET
10.3 MAJOR GROWTH STRATEGY IN THE GLOBAL PROTECTIVE RELAY MARKET
10.4 MARKET SHARE ANALYSIS: GLOBAL PROTECTIVE RELAY MARKET
10.5 ABB: THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN GLOBAL PROTECTIVE RELAY MARKET
10.6 NEW VOLTAGE DEVELOPMENT IN PROTECTIVE RELAY MARKET
10.7 MERGERS & ACQUISITIONS IN PROTECTIVE RELAY MARKET
10.8 CONTRACTS & AGREEMENTS IN PROTECTIVE RELAY MARKET
10.9 EXPANSIONS & INVESTMENTS IN PROTECTIVE RELAY MARKET
11 COMPANY PROFILE
11.1 ABB
11.1.1 COMPANY OVERVIEW
11.1.2 VOLTAGE/SERVICES OFFERING
11.1.3 FINANCIAL OVERVIEW
11.1.4 KEY DEVELOPMENTS
11.1.5 STRATEGY
11.1.6 SWOT ANALYSIS
11.2 SIEMENS
11.2.1 COMPANY OVERVIEW
11.2.2 VOLTAGE /SERVICES OFFERING
11.2.3 FINANCIAL OVERVIEW
11.2.4 KEY DEVELOPMENTS
11.2.5 STRATEGY
11.2.6 SWOT ANALYSIS
11.3 SCHNEIDER
11.3.1 COMPANY OVERVIEW
11.3.2 VOLTAGE /SERVICES OFFERING
11.3.3 FINANCIAL OVERVIEW
11.3.4 KEY DEVELOPMENTS
11.3.5 STRATEGY
11.3.6 SWOT ANALYSIS
11.4 GENERAL ELECTRIC COMPANY
11.4.1 COMPANY OVERVIEW
11.4.2 VOLTAGE /SERVICES OFFERING
11.4.3 FINANCIAL OVERVIEW
11.4.4 KEY DEVELOPMENTS
11.4.5 STRATEGY
11.4.6 SWOT ANALYSIS
11.5 TOSHIBA CORPORATION
11.5.1 COMPANY OVERVIEW
11.5.2 VOLTAGE /SERVICES OFFERING
11.5.3 FINANCIAL OVERVIEW
11.5.4 KEY DEVELOPMENTS
11.5.5 STRATEGY
11.5.6 SWOT ANALYSIS
11.6 FANOX ELECTRONICS
11.6.1 COMPANY OVERVIEW
11.6.2 VOLTAGE /SERVICES OFFERING
11.6.3 FINANCIAL OVERVIEW
11.6.4 KEY DEVELOPMENTS
11.6.5 STRATEGY
11.6.6 SWOT ANALYSIS
11.7 BASLER ELECTRIC
11.7.1 COMPANY OVERVIEW
11.7.2 VOLTAGE /SERVICES OFFERING
11.7.3 FINANCIAL OVERVIEW
11.7.4 KEY DEVELOPMENTS
11.7.5 STRATEGY
11.7.6 SWOT ANALYSIS
11.8 LITTLEFUSE INC.
11.8.1 COMPANY OVERVIEW
11.8.2 VOLTAGE /SERVICES OFFERING
11.8.3 FINANCIAL OVERVIEW
11.8.4 KEY DEVELOPMENTS
11.8.5 STRATEGY
11.8.6 SWOT ANALYSIS
11.9 SCHWEITZER ENGINEERING LABORATORIES, INC.
11.9.1 COMPANY OVERVIEW
11.9.2 VOLTAGE /SERVICES OFFERING
11.9.3 FINANCIAL OVERVIEW
11.9.4 KEY DEVELOPMENTS
11.9.5 STRATEGY
11.9.6 SWOT ANALYSIS
11.10 NR ELECTRIC CO.LTD.
11.10.1 COMPANY OVERVIEW
11.10.2 VOLTAGE /SERVICES OFFERING
11.10.3 FINANCIAL OVERVIEW
11.10.4 KEY DEVELOPMENTS
11.10.5 STRATEGY
11.10.6 SWOT ANALYSIS
11.11 MITSUBISHI ELECTRIC CORPORATION
11.11.1 COMPANY OVERVIEW
11.11.2 VOLTAGE /SERVICES OFFERING
11.11.3 FINANCIAL OVERVIEW
11.11.4 KEY DEVELOPMENTS
11.11.5 STRATEGY
11.11.6 SWOT ANALYSIS
