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Global Protective Relays Market 2015-2019

Global Protective Relays Market 2015-2019

About protective relays

Protective relays are used in transmission and distribution of electricity to register overcurrent, overvoltage, and reverse power flow to avoid accidents or flashovers. It trips the circuit breaker when a fault is detected. If there is any discrepancy or abnormality in the current voltage or any other power measurement, the relay detects it and triggers an alarm. There are three types of protective relays: electromechanical relays, solid state relays, and digital relays.

Technavio's analysts forecast the global protective relays market to grow at a CAGR of 3.22% over the period 2014-2019.

Covered in this report

The report covers the current scenario and the growth prospects of the global protective relays market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sales of protective relays such as electromechanical relays, solid state relays, and digital relays.

Technavio's report, Global Protective Relays Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA. It also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions

  • Americas
  • APAC
  • EMEA
Key vendors
  • ABB
  • Alstom
  • GE
  • Schneider Electric
Other prominent vendors
  • Honeywell International
  • Itron
  • Littelfuse
  • Mitsubishi Electric
  • NR Electric
  • Rockwell Automation
  • S&C Electric
  • SEL
  • Siemens
Market driver
  • Increased investment in renewables energy sources
  • For a full, detailed list, view our report
Market challenge
  • Stringent government regulations and industry standards
  • For a full, detailed list, view our report
Market trend
  • Increased demand for product miniaturization
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Protective Relays Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Protective Relays Market: ABB, ALSTOM, GE and Schneider

Commenting on the report, an analyst from Technavio’s team said: “The global protective relays market is expected to grow steadily because of some emerging trends that are expected to have a positive impact on market growth during the forecast period.”

According to the report, the global protective relays market is driven by several factors such as the increased investment in renewable energy sources, which has risen over the years and is expected to increase the demand for relays. Renewable power increases the reliability of power generation and minimizes pollution levels. In addition, growing demand for electricity in APAC is expected to drive the market's growth during the forecast period.

Further, the report states that stringent government regulations and the industry standards needed for manufacturing relays are factors hindering market growth.

Companies Mentioned

ABB, ALSTOM, GE, Schneider

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global protective relays market segmentation
    • Market size and forecast
      • Table Global protective relays market 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product types
    • Market overview
      • Table Global protective relays market share in 2014
      • Table Global protective relays market share in 2019
    • Global protective electromechanical relays market
      • Table Global electromechanical protective relays market 2014-2019 ($ billions)
    • Global protective solid-state relays market
      • Table Global protective solid-state relays market 2014-2019 ($ billions)
    • Global protective digital relays market
      • Table Global protective digital relays market 2014-2019 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global protective relays market by geographical segmentation
      • Table Global protective relays market by geographical segmentation 2014
      • Table Global protective relays market by geographical segmentation 2019
    • Protective relays market in APAC
      • Table Protective relays market in APAC 2014-2019 ($ billions)
    • Protective relays market in Americas
      • Table Protective relays market in Americas 2014-2019 ($ billions)
    • Protective relays market in EMEA
      • Table Protective relays market in EMEA 2014-2019 ($ billions)
  • Market drivers
    • Impact of drivers
      • Table Impact of driver
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Market overview
  • Key vendor analysis
    • ABB
    • ALSTOM Inspection Robotics
      • Table ALSTOM Inspection Robotics: Product segmentation
    • GE
      • Table GE: Business segmentation by revenue 2014
      • Table GE: Business segmentation by revenue 2013 and 2014 ($ millions)
      • Table GE: Geographical segmentation by revenue 2014
    • Schneider Electric
      • Table Buildings and partner in 2014 (% share)
      • Table Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviation
  • Explore Technavio

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