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Global Protective Relay Market Size study, by Voltage Range (High-Voltage Protective Relay, Medium-Voltage Protective Relay, Low-Voltage Protective Relay), by Application (Feeder Protection, Transmission Line Protection, Motor Protection, Transformer Protection, Generator Protection), by End-User (Utilities, Industries, Renewable, Marine) and Regional Forecasts 2019-2026

February 2020 | 200 pages | ID: G86A883A283FEN
Bizwit Research & Consulting LLP

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Global Protective Relay Market is valued approximately at USD 3.82 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7.40% over the forecast period 2019-2026. A protective relay is a type of relay device, which is mainly designed to trip a circuit breaker, when a fault is spotted. It is an automatic gadget which can sense any abnormal situation such as faults of the electric circuit. It also assist in removing the spotted faulty portion from rest of the circuit. Protective relays plays a vital role in various fields, comprising equipment protection, power generation and transmission & distribution. They are installed in the circuit to reduce the electrical breakdowns affected by the fault currents and transients that flow via the circuit, and to alleviate their effects. Surging investment in transmission & distribution infrastructure and renewable sources, increase in power production capacity worldwide and rapid growth in urbanization & industrialization are the few factors responsible for high CAGR of the market over the forecast period. For instance, As per the T&D World, electric utilities would invest around USD 3.2 trillion globally in the new and replacement of transmission & distribution infrastructure during 2017-2027. Also, according to the European commission, it is estimated that $28.44 billion is required to be invested in renewable sources between 2020 and 2050. These initiatives aims to strengthen the demand for protective relay around the world. Moreover, growing demand for electronic devices along with surging utility of high-voltage direct current transmission is the major factor likely to create lucrative growth opportunities to the market growth in the forecast years. However, high installation and maintenance cost is one of the major factors responsible for the hampering the growth of global Protective Relay market during the forecast period.

The regional analysis of global Protective Relay Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to increase in investment in renewable sector coupled with the modernization of grid infrastructure in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Further, growing infrastructural development in India & China due to the increasing economic growth in these countries is further expected to spur the demand of protective relay over the forecast period.

Major market player included in this report are:
ABB Group
Schneider Electric SE
General Electric
Eaton Corporation
Mitsubishi Electric Corporation
Siemens AG
Toshiba Corporation
Fanox Electronic
Basler Electric
NR Electric Co. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Voltage Range:
High-Voltage Protective Relay
Medium-Voltage Protective Relay
Low-Voltage Protective Relay

By Application:
Feeder Protection
Transmission Line Protection
Motor Protection
Transformer Protection
Generator Protection
By End-User
Utilities
Industries
Renewable
Marine

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Protective Relay Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
  1.2.1. Protective Relay Market, by Voltage Range, 2017-2026 (USD Billion)
  1.2.2. Protective Relay Market, by Application, 2017-2026 (USD Billion)
  1.2.3. Protective Relay Market, by End-User, 2017-2026 (USD Billion)
  1.2.4. Protective Relay Market, by Region, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL PROTECTIVE RELAY MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL PROTECTIVE RELAY MARKET DYNAMICS

3.1. Protective Relay Market Impact Analysis (2018-2026)
  3.1.1. Market Drivers
  3.1.2. Market Challenges
  3.1.3. Market Opportunities

CHAPTER 4. GLOBAL PROTECTIVE RELAY MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL PROTECTIVE RELAY MARKET, BY VOLTAGE RANGE

5.1. Market Snapshot
5.2. Global Protective Relay Market by Voltage Range, Performance - Potential Analysis
5.3. Global Protective Relay Market Estimates & Forecasts by Voltage Range 2016-2026 (USD Billion)
5.4. Protective Relay Market, Sub Segment Analysis
  5.4.1. High-Voltage Protective Relay
  5.4.2. Medium-Voltage Protective Relay
  5.4.3. Low-Voltage Protective Relay

CHAPTER 6. GLOBAL PROTECTIVE RELAY MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Protective Relay Market by Application, Performance - Potential Analysis
6.3. Global Protective Relay Market Estimates & Forecasts by Application, 2016-2026 (USD Billion)
6.4. Protective Relay Market, Sub Segment Analysis
  6.4.1. Feeder Protection
  6.4.2. Transmission Line Protection
  6.4.3. Motor Protection
  6.4.4. Transformer Protection
  6.4.5. Generator Protection

CHAPTER 7. GLOBAL PROTECTIVE RELAY MARKET, BY END-USER

7.1. Market Snapshot
7.2. Global Protective Relay Market by End-User, Performance - Potential Analysis
7.3. Global Protective Relay Market Estimates & Forecasts by End-User, 2016-2026 (USD Billion)
7.4. Protective Relay Market, Sub Segment Analysis
  7.4.1. Utilities
  7.4.2. Industries
  7.4.3. Renewable
  7.4.4. Marine

CHAPTER 8. GLOBAL PROTECTIVE RELAY MARKET, REGIONAL ANALYSIS

8.1. Protective Relay Market, Regional Market Snapshot
8.2. North America Protective Relay Market
  8.2.1. U.S. Protective Relay Market
    8.2.1.1. Voltage Range breakdown estimates & forecasts, 2016-2026
    8.2.1.2. Application breakdown estimates & forecasts, 2016-2026
    8.2.1.3. End-User breakdown estimates & forecasts, 2016-2026
  8.2.2. Canada Protective Relay Market
8.3. Europe Protective Relay Market Snapshot
  8.3.1. U.K. Protective Relay Market
  8.3.2. Germany Protective Relay Market
  8.3.3. Rest of Europe Protective Relay Market
8.4. Asia-Pacific Protective Relay Market Snapshot
  8.4.1. China Protective Relay Market
  8.4.2. India Protective Relay Market
  8.4.3. Japan Protective Relay Market
  8.4.4. Rest of Asia Pacific Protective Relay Market
8.5. Latin America Protective Relay Market Snapshot
  8.5.1. Brazil Protective Relay Market
  8.5.2. Mexico Protective Relay Market
8.6. Rest of The World Protective Relay Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. ABB Group
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject To Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Schneider Electric SE
  9.2.3. General Electric
  9.2.4. Eaton Corporation
  9.2.5. Mitsubishi Electric Corporation
  9.2.6. Siemens AG
  9.2.7. Toshiba Corporation
  9.2.8. Fanox Electronics
  9.2.9. Basler Electric
  9.2.10. NR Electric Co. Ltd.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL PROTECTIVE RELAY MARKET
TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL PROTECTIVE RELAY MARKET
TABLE 3. GLOBAL PROTECTIVE RELAY MARKET, REPORT SCOPE
TABLE 4. YEARS CONSIDERED FOR THE STUDY
TABLE 5. EXCHANGE RATES CONSIDERED
TABLE 6. GLOBAL PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD BILLION)
TABLE 7. GLOBAL PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY VOLTAGE RANGE 2016-2026 (USD BILLION)
TABLE 8. GLOBAL PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY APPLICATION 2016-2026 (USD BILLION)
TABLE 9. GLOBAL PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY END-USER 2016-2026 (USD BILLION)
TABLE 10. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 11. GLOBAL PROTECTIVE RELAY MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 12. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 13. GLOBAL PROTECTIVE RELAY MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 14. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 15. GLOBAL PROTECTIVE RELAY MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 16. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 17. GLOBAL PROTECTIVE RELAY MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 18. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 19. GLOBAL PROTECTIVE RELAY MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 20. U.S. PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 21. U.S. PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 22. U.S. PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 23. CANADA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 24. CANADA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 25. CANADA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 26. UK PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 27. UK PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 28. UK PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 29. GERMANY PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 30. GERMANY PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 31. GERMANY PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 32. ROE PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 33. ROE PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 34. ROE PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 35. CHINA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 36. CHINA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 37. CHINA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 38. INDIA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 39. INDIA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 40. INDIA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 41. JAPAN PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 42. JAPAN PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 43. JAPAN PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 44. ROAPAC PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 45. ROAPAC PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 46. ROAPAC PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 47. BRAZIL PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 48. BRAZIL PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 49. BRAZIL PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 50. MEXICO PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 51. MEXICO PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 52. MEXICO PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 53. ROLA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 54. ROLA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 55. ROLA PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 56. ROW PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 57. ROW PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 58. ROW PROTECTIVE RELAY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)

LIST OF FIGURES

FIG 1. GLOBAL PROTECTIVE RELAY MARKET, RESEARCH METHODOLOGY
FIG 2. GLOBAL PROTECTIVE RELAY MARKET, MARKET ESTIMATION TECHNIQUES
FIG 3. GLOBAL MARKET SIZE ESTIMATES & FORECAST METHODS
FIG 4. GLOBAL PROTECTIVE RELAY MARKET, KEY TRENDS 2018
FIG 5. GLOBAL PROTECTIVE RELAY MARKET, GROWTH PROSPECTS 2019-2026
FIG 6. GLOBAL PROTECTIVE RELAY MARKET, PORTERS 5 FORCE MODEL
FIG 7. GLOBAL PROTECTIVE RELAY MARKET, PEST ANALYSIS
FIG 8. GLOBAL PROTECTIVE RELAY MARKET, VALUE CHAIN ANALYSIS
FIG 9. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 10. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 11. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 12. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 13. GLOBAL PROTECTIVE RELAY MARKET BY SEGMENT, 2016 & 2026 (USD BILLION)
FIG 14. GLOBAL PROTECTIVE RELAY MARKET, REGIONAL SNAPSHOT 2016 & 2026
FIG 15. NORTH AMERICA PROTECTIVE RELAY MARKET 2016 & 2026 (USD BILLION)
FIG 16. EUROPE PROTECTIVE RELAY MARKET 2016 & 2026 (USD BILLION)
FIG 17. ASIA PACIFIC PROTECTIVE RELAY MARKET 2016 & 2026 (USD BILLION)
FIG 18. LATIN AMERICA PROTECTIVE RELAY MARKET 2016 & 2026 (USD BILLION)
FIG 19. GLOBAL PROTECTIVE RELAY MARKET, COMPANY MARKET SHARE ANALYSIS (2018)


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