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Protective Relay Market by Voltage (High, Medium, and Low), by End-User (Utilities, Industries, Renewables, and Marine), and by Protection Mechanism (Feeder, Transmission Line, Motor, Transformer, Generator, Breaker, Capacitor Bank, and Busbar) - Global T

Protective Relay Market by Voltage (High, Medium, and Low), by End-User (Utilities, Industries, Renewables, and Marine), and by Protection Mechanism (Feeder, Transmission Line, Motor, Transformer, Generator, Breaker, Capacitor Bank, and Busbar) - Global Trends and Forecasts to 2021

“PROTECTIVE RELAY MARKET TO GROW AT A CAGR OF 6.5% FROM 2016 TO 2021”
The protective relay market is projected to reach USD 4.54 billion by 2021, growing at a CAGR of 6.5% during the forecast period. The increasing investments in transmission & distribution infrastructure—including substations—and transmission & distribution lines, coupled with the increasing urbanization in developing nations, have propelled the growth of the protective relay market. Substations in developed nations are being modernized to ensure uninterrupted power supply with minimum loss. This is achieved by replacing the traditional electromagnetic and static relays with advanced numeric and digital relays. These relays also retain the data, which allows utilities or other users to track power outages caused by faults.

Furthermore, investments in smart grid technologies are increasing, especially in developed countries. Protective relays are an integral part of the power system, and are therefore being continuously improved to increase protection levels.


“FEEDER PROTECTION RELAYS TO LEAD THE MARKET DURING THE FORECAST PERIOD”
Feeder protection relays occupied the largest share of the protective relay market in 2015. Feeders are the current loading points of the transmission of distribution lines. They are present in the transmission network, distribution network, switchyards, and substations. The protection of feeders is essential to ensure uninterrupted power supply and to protect the lines along with the feeders.

“ASIA-PACIFIC: THE FASTEST-GROWING MARKET FOR PROTECTIVE RELAYS”
Asia-Pacific is the largest market for protective relays. China and India are the major driving force behind the growth of the Asia-Pacific market. Countries such as Australia and Japan are also witnessing considerable growth. China held the largest share of the global protective relay market in 2015. The BRICS economies are expected to be major markets for protective relay manufacturers.

Breakdown of Primaries:
In-depth interviews have been conducted with various primary respondents, including key industry participants, subject matter experts, C-level executives of major market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.
By Company Type:
Tier 1- 35%, Tier 2- 45%, and Tier 3- 20%
By Designation:
C-Level- 35%, D-Level- 25%, and Others*- 40%
By Region:
North America- 45%, Europe- 30%, Asia-Pacific- 20%, and RoW- 5%

Note: *Others include sales managers, marketing managers, and product managers
The tier of the companies is defined on the basis of their total revenue; as of 2013: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion and Tier 3 = <USD 1 billion

This report includes profiles of major players in the protective relay market, such as Eaton Corporation (Ireland), SEL Inc. (U.S.) (General Electric (U.S.), ABB Ltd. (Switzerland), and Schneider Electric (France).


Why buy this report?

1. The report identifies and addresses key markets for protective relays, which will help suppliers and OEMs to review production and distribution plans.
2. The report includes an analysis of key countries, by protective relay voltage range—that is, high, medium, and low. It analyzes historical trends and also provides a forecast for 2021, which would assist in strategic decision-making.
3. It also presents a competitive scenario by analyzing recent market developments such as contracts, expansions, and new product launches by global market players. It helps understand the competitive strategies used by these players.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
    • HISTORY/EVOLUTION
    • CURRENT SCENARIO
    • FUTURE TRENDS
    • CONCLUSION
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES FOR MICROPROCESSOR-BASED PROTECTIVE RELAYS
    • PROTECTIVE RELAY MARKET, BY APPLICATION
    • ASIA-PACIFIC: THE LARGEST MARKET FOR PROTECTIVE RELAYS IN 2015
    • ASIA-PACIFIC PROTECTIVE RELAY MARKET, BY APPLICATION
    • PROTECTIVE RELAY MARKET, BY VOLTAGE RANGE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY VOLTAGE
      • BY APPLICATION
      • BY END-USER
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
        • Table GROWTH OF THE RENEWABLE INDUSTRY & EXPANSION OF TRANSMISSION & DISTRIBUTION NETWORKS TO PROPEL THE GROWTH OF THE PROTECTIVE RELAY MARKET
      • RESTRAINTS
        • Table THE GRAY MARKET IS A MAJOR RESTRAINT FOR THE PROTECTIVE RELAY MARKET
      • OPPORTUNITIES
        • Table THE GROWING POWER DEMAND IS A KEY OPPORTUNITY FOR THE PROTECTIVE RELAY MARKET
      • CHALLENGES
        • Table CYBER SECURITY IS A KEY CHALLENGE FOR THE PROTECTIVE RELAY MARKET
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • SUPPLY CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
      • INTENSITY OF COMPETITIVE RIVALRY
  • PROTECTIVE RELAY MARKET, BY VOLTAGE RANGE
    • INTRODUCTION
      • Table PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
    • HIGH-VOLTAGE PROTECTIVE RELAY
      • Table HIGH-VOLTAGE PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MEDIUM-VOLTAGE PROTECTIVE RELAY
      • Table MEDIUM-VOLTAGE PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • LOW-VOLTAGE PROTECTIVE RELAY
      • Table LOW-VOLTAGE PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • PROTECTIVE RELAY MARKET, BY APPLICATION
    • INTRODUCTION
      • Table PROTECTIVE RELAY MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • FEEDER PROTECTION
      • Table FEEDER PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • TRANSMISSION LINE PROTECTION
      • Table TRANSMISSION LINE PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MOTOR PROTECTION
      • Table MOTOR PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • TRANSFORMER PROTECTION
      • Table TRANSFORMER PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • GENERATOR PROTECTION
      • Table GENERATOR PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • PROTECTIVE RELAY MARKET, BY END-USER
    • INTRODUCTION
      • Table PROTECTIVE RELAY MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • UTILITIES
      • Table UTILITIES: PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • INDUSTRIES
      • Table INDUSTRIES: PROTECTIVE RELAY MARKET SIZE, BY REGION , 2014-2021 (USD MILLION)
      • Table INDUSTRIAL PROTECTIVE RELAY MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • MANUFACTURING INDUSTRIES
        • Table MANUFACTURING INDUSTRIES: PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • PROCESSING INDUSTRIES
        • Table PROCESSING INDUSTRIES: PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • INFRASTRUCTURE INDUSTRIES
        • Table INFRASTRUCTURE INDUSTRIES: PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • RENEWABLE
      • Table RENEWABLE: PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MARINE
      • Table MARINE: PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • PROTECTIVE RELAY MARKET, BY REGION
    • INTRODUCTION
      • Table PROTECTIVE RELAY MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • U.S.
        • Table U.S.: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • CANADA
        • Table CANADA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • MEXICO
        • Table MEXICO: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: PROTECTIVE RELAY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table EUROPE: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • Table EUROPE: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table EUROPE: PROTECTIVE RELAY MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • FRANCE
        • Table FRANCE: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • GERMANY
        • Table GERMANY: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • U.K.
        • Table U.K.: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • OTHER COUNTRIES IN EUROPE
        • Table OTHER COUNTRIES IN EUROPE: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • CHINA
        • Table CHINA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • INDIA
        • Table INDIA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • JAPAN
        • Table JAPAN: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • INDONESIA
        • Table INDONESIA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • VIETNAM
        • Table VIETNAM: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • THE PHILIPPINES
        • Table THE PHILIPPINES: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • THAILAND
        • Table THAILAND: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • MALAYSIA
        • Table MALAYSIA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • OTHER COUNTRIES IN ASIA-PACIFIC
        • Table OTHER COUNTRIES IN ASIA-PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table SOUTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • Table SOUTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table SOUTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • OTHER COUNTRIES IN SOUTH AMERICA
        • Table OTHER COUNTRIES IN SOUTH AMERICA: PROTECTIVE RELAY MARKET, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY END-USER, 2014-2021 (USD MILLION)
      • UAE
        • Table UAE: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • KUWAIT
        • Table KUWAIT: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • QATAR
        • Table QATAR: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
      • OTHER COUNTRIES IN THE MIDDLE EAST & AFRICA
        • Table OTHER COUNTRIES IN MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE RANGE, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
    • NEW PRODUCT/TECHNOLOGY LAUNCH
      • Table NEW PRODUCT/TECHNOLOGY LAUNCHES, 2015 - 2016
    • EXPANSION
      • Table EXPANSIONS, 2012-2015
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2014-2015
    • CONTRACTS & AGREEMENTS
      • Table CONTRACTS & AGREEMENTS, 2012-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2014-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • GENERAL ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • MITSUBISHI ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • DEVELOPMENTS, 2014
      • SWOT ANALYSIS
      • MNM VIEW
    • SCHNEIDER ELECTRIC SA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2013
    • TOSHIBA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
        • Table TOSHIBA CORPORATION: PRODUCTS & SERVICES
      • DEVELOPMENTS, 2012-2014
      • SWOT ANALYSIS
      • MNM VIEW
    • FANOX ELECTRONICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2013-2015
    • BASLER ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015
    • EATON CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • LITTELFUSE INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • SCHWEITZER ENGINEERING LABORATORIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2015
    • NR ELECTRIC CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2013-2014
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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