Growing need of Electric Power will result in an imminent growth in the Protective Relay market

Market Synopsis of Protective Relays

Market Scenario

The Protective relay market is expected to register a CAGR of around 6% during the forecast period. Ongoing Substation Automation projects are expected to induce growth in the Protective Relay market. The growing need of Electric Power in developed as well as developing nations will result in an imminent growth in the Protective relay market.

 Segments

The Protective Relay Market can be categorized

  • On the basis of Voltageas: High, Medium and Low.
  • On the basis of Protection Mechanismit can be categorized as: Feeder, Transmission Line, Motor, Transformer, Generator, and Busbar.
  • On the basis of End Userit can be segmented as: Marine, Renewable, Utilities.
  • On the basis of regions it can be segmented as North America, South America, Europe, Asia-Pacific, Middle East and Africa.

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Study Objectives of Protective Relays 

  • To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Protective Relay market
  • To provide insights about factors affecting the market growth
  • To Analyze the Protective Relay market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia,  South America, Middle East & Africa
  • To provide country level analysis of the market with respect to the current market size and future prospective

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Key Players

Some of the key players in the Protective Relay Market are

  • General Electric (U.S.),
  • Littelfuse Inc.(U.S.),
  • Eaton Corporation Plc (U.S.),
  • Beckwith Electric Co. Inc.(Ireland),
  • ZIV Inc. (U.S.),
  • Schweitzer Engineering Laboratories (U.S.),
  • Schneider Electric (France),
  • Alstom Group (France),
  • NR Electric (China),
  • Cooper Industries (Ireland),
  • ERL Phase Power Technologies Ltd. (Canada)
  • Mitsubishi Electric Corporation (Japan).

 

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Regional Analysis of Protective Relays

The growing transmission & distribution network across the globe, is one of the main reasons which is expected to contribute toward the growth of the Protective Relay Market. Asia-Pacific is currently housing the maximum number of transmission and distribution projects as a result of which it is one of the leading markets in this segment. Europe and North America are other regions which are expected to be highly lucrative for the players in the Protective Relay Market.

 

 

The reports also covers brief analysis of Geographical Region includes:

North America

  • US
  • Canada
  • Mexico

South America

  • Argentina
  • Brazil
  • Venezuela
  • Rest Of South America

Europe

  • Germany
  • France
  • Italy
  • Spain
  • K
  • Netherlands
  • Norway
  • Rest Of Europe

Asia– Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia-Pacific

Middle East

  • UAE
  • Saudi
  • Qatar
  • Kuwait
  • Rest Of Middle East

Africa

  • South Africa
  • Nigeria
  • Algeria
  • Rest Of Africa

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Akash Anand,

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: akash.anand@marketresearchfuture.com

 

 

 

 

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