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The protective relay market is forecasted to grow by USD 811.6 million during 2024-2029, accelerating at a CAGR of 5.6% during the forecast period. The report on the protective relay market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for power, growing focus on grid modernization, and increase in number of residential and commercial building projects.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The protective relay market is segmented as below:
By Type
- Digital and numeric relay
- Electromechanical and static relay
By Application
- Feeder
- Transmission line
- Generator
- Motor
- Others
By Variant
- Low voltage
- Medium voltage
- High voltage
By End-user
- Utilities
- Industrial
- Commercial
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the protective relay market covers the following areas:
- Protective Relay Market sizing
- Protective Relay Market forecast
- Protective Relay Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Market Segmentation by Variant
11 Market Segmentation by End-user
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global protective relay market: ABB Ltd., ALSTOM SA, Chongqing Blue Jay Technology Co. Ltd., Contrel elettronica S.r.l., Eaton Corp. plc, ERLPhase Power Technologies Ltd., ETA Elektrotechnische Apparate GmbH, Fanox Electronic SL, General Electric Co., HNAC Technology Co. Ltd., ISKRA elektro in sistemske resitve d.o.o, Larsen and Toubro Ltd., Littelfuse Inc., Mitsubishi Electric Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Solcon IGEL Group, TERASAKI ELECTRIC CO. LTD., and ZIV Automation.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing technological advancements in protective relays."
According to the report, one of the major drivers for this market is the increasing demand for power.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- ALSTOM SA
- Chongqing Blue Jay Technology Co. Ltd.
- Contrel elettronica S.r.l.
- Eaton Corp. Plc
- ERLPhase Power Technologies Ltd.
- ETA Elektrotechnische Apparate GmbH
- Fanox Electronic SL
- General Electric Co.
- HNAC Technology Co. Ltd.
- ISKRA elektro in sistemske resitve d.o.o
- Larsen and Toubro Ltd.
- Littelfuse Inc.
- Mitsubishi Electric Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Solcon IGEL Group
- TERASAKI ELECTRIC CO. LTD.
- ZIV Automation
