Market Research Logo

Global Teleprotection Market 2017-2021

Global Teleprotection Market 2017-2021

About Teleprotection

Teleprotection provides a secure and balanced supply of electricity to ensure efficiency and stability of systems. Teleprotection protects systems from damage and failure by disconnecting them from transformers, reactors, or high-voltage lines if a faulty connection is detected. Systems rely on a symmetric telecom network for providing a communication channel between devices. With the help of these channels, the time delay between the teleprotection units is measured, which is further required to make observations to identify faults. Teleprotection systems are adopted by some major end-user industries such as telecommunication and power. Other end-user industries of teleprotection systems that are gaining popularity are transportation, IT, and aerospace and defense.

Technavio’s analysts forecast the global teleprotection market to grow at a CAGR of 19.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global teleprotection market for 2017-2021. To calculate the market size, the report considers the demand for teleprotection from various end-users..

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Teleprotection Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Siemens
  • Schneider Electric
  • GE
Other prominent vendors
  • Alcatel-Lucent
  • Alstom
  • AltaLink
  • Cisco
  • Valiant Communications
Market driver
  • Growth in demand for power generation
  • For a full, detailed list, view our report
Market challenge
  • Unpredictable oil prices
  • For a full, detailed list, view our report
Market trend
  • Increasing demand from the aerospace and defense industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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 Teleprotection Market 2017-2021

Technavio recognizes the following companies as the key players in the global teleprotection market: ABB, Siemens, Schneider Electric, and GE.

Other Prominent Vendors in the market are: Alcatel-Lucent, Alstom, AltaLink, Cisco, and Valiant Communications.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing demand from the aerospace and defense industry. Aerospace and defense is the nontraditional end-user industry of the teleprotection market. One of the major reasons for this is the growing need to regulate power in these sectors. As the aerospace sector demands for uninterrupted flow of balanced power for monitoring and managing aerospace activities, it is vital to adopt teleprotection systems. In the defense sector, there is high demand for managing power flow to monitor borders and even control rooms. Therefore, high adoption of teleprotection systems is expected to drive the global teleprotection market.”

According to the report, one of the major drivers for this market is growth in demand for power generation. Rise in industrialization and rapid infrastructure development across the world have created a huge demand for electricity. To meet this demand, countries are increasing their installed power capacities. During the forecast period, China and Japan have humungous plans to increase their coal power capacities. Japan is expected to invest heavily in coal power infrastructure during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is unpredictable oil prices. The recent fall in crude oil prices will hinder the growth of the global teleprotection market as the oil and gas industry is one of the end-user industries for teleprotection equipment. Shale gas explorations in the US are on the rise and have reached record levels. The Middle East countries, on the other hand, have not reduced their output as they fear of losing market share. This has caused a continuous fall in oil and gas prices.



Companies Mentioned

ABB, Siemens, Schneider Electric, GE, Alcatel-Lucent, Alstom, AltaLink, Cisco, and Valiant Communications.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Global teleprotection market 2016-2021
  • Market landscape
    • Market size and forecast
      • Table Global teleprotection market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global teleprotection market by product 2016-2021 ($ billions)
    • Teleprotection unit
      • Table Global teleprotection unit market 2016-2021 ($ billions)
    • Teleprotection software
      • Table Global teleprotection software market 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global teleprotection market by geography 2016-2021 ($ billions)
    • Americas
      • Table Teleprotection market in the Americas 2016-2021 ($ billions)
    • EMEA
      • Table Teleprotection market in EMEA 2016-2021 ($ billions)
    • APAC
      • Table Teleprotection market in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global power outlook
      • Table Electricity demand in CAGR 2012-2035
      • Table Countries with renewable targets and policies 2005
      • Table Countries with renewable targets and policies 2016
      • Table Top five countries producing solar and wind power 2014-2015
      • Table Electric power T&D losses 2010-2013 (% of output)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Crude oil prices 2010-2016 (% change)
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Increasing demand from the aerospace and defense industry
    • Growing demand for telecom towers in the APAC region
      • Table Smartphone penetration in Thailand 2014-2021 (growth rate - %)
  • Vendor landscape
    • Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table ABB - products offered in the global teleprotection market
    • Siemens
      • Table Siemens - products offered in the global teleprotection market
    • Schneider Electric
      • Table Product offerings by Schneider Electric
      • Table Schneider Electric - products offered in the global teleprotection market
    • GE
      • Table Product offerings by GE
      • Table GE - products offered in the global teleprotection market
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report