Global Protective Relay Market 2016-2020

  • ID: 3802179
  • Report
  • Region: Global
  • 62 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • GE
  • Itron
  • Mitsubishi Electric
  • Rockwell Automation
  • SEL
  • MORE
About Relays

A device that senses the quantity of current flowing in the supply lines before entering the power system of the equipment or motor can prevent the motor from damage. A relay is one such electromechanical device that is actuated by electrical current. In a relay, the current flowing in one circuit causes the opening and closing of another circuit. Due to the simplicity, long life, and proven reliability, relays find extensive use in many applications, including digital computers, automation systems, and telephone exchanges.

The analysts forecast the global protective relay market to grow at a CAGR of 10.45% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global protective relay market for 2016-2020. To calculate the market size, the report takes into account the revenue generated from the sales of the protective relays during the historical period.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Protective Relay Market 2016-2020, 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
- Alstom
- GE
- SEL
- Siemens

Other prominent vendors
- Littelfuse
- Mitsubishi Electric
- NR Electric
- Honeywell International
- Itron
- Rockwell Automation
- S&C Electric

Market drivers
- Modernization of substations
- For a full, detailed list, view the full report

Market challenges
- Competition from local vendors
- For a full, detailed list, view the full report

Market trends
- Emerging market for solid-state devices
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 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?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • GE
  • Itron
  • Mitsubishi Electric
  • Rockwell Automation
  • SEL
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Market segmentation by application
  • Global protective relay market for feeder protection
  • Global protective relay market for transmission lines
  • Global protective relay for motor protection
  • Global protective relay for transformer protection
PART 07: Geographical segmentation
  • Market segmentation by geography
  • Protective relay market in APAC
  • Protective relay market in Americas
  • Protective relay market in EMEA
PART 08: Market drivers
  • Modernization of substations
  • Rise in automation
  • Growth in urbanization
PART 09: Impact of drivers

PART 10: Market challenges
  • Competition from local vendors
  • Minimal product differentiation
  • Stringent regulatory standards regarding testing of relays
PART 11: Impact of drivers and challenges

PART 12: Market trends
  • Emerging market for solid-state devices
  • Rise in the implementation of HVDC lines
  • Demand from BRICS countries
PART 13: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 14: Key vendor analysis
  • ABB
  • Alstom
  • GE
  • SEL
  • Siemens
PART 15: Appendix
  • List of abbreviations
PART 16: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global protective relay market
Exhibit 03: Global protective relay market ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global protective relay market by application 2015-2020
Exhibit 06: Global protective relay market for feeder protection ($ billions)
Exhibit 07: Global protective relay market for transmission lines ($ millions)
Exhibit 08: Global T&D equipment market 2014-2019 ($ billions)
Exhibit 09: Global protective relay market for motor protection ($ millions)
Exhibit 10: Global protective relay market for transformer protection ($ millions)
Exhibit 11: Market segmentation by geography 2015-2020
Exhibit 12: Protective relay market in APAC ($ billions)
Exhibit 13: Installed photovoltaic power (MW) in APAC 2010-2014
Exhibit 14: Protective relay market in Americas ($ billions)
Exhibit 15: Protective relay market in EMEA ($ billions)
Exhibit 16: Installed photovoltaic capacity in Europe 2010-2014 (MWh)
Exhibit 17: Impact of drivers
Exhibit 18: Impact of drivers and challenges
Exhibit 19: Global HVDC transmission market ($ billions)
Exhibit 20: Protective relay in ABB
Exhibit 21: Protective relay in Alstom
Exhibit 22: Protective relay in Siemens
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • GE
  • Itron
  • Mitsubishi Electric
  • Rockwell Automation
  • SEL
  • MORE
New Report Released: – Global Protective Relay Market 2016-2020

The author of the report recognizes the following companies as the key players in the global protective relay market: ABB, Alstom, GE, SEL, and Siemens.

Other Prominent Vendors in the market are: Littelfuse, Mitsubishi Electric, NR Electric, Honeywell International, Itron, Rockwell Automation, and S&C Electric.

Commenting on the report, an analyst from the research team said: “One of the key trends will be the emerging markets for solid-state devices. Solid-state devices are increasingly becoming an alternative to mechanical relays. The mechanical relay has two conducting elements that control the flow of electricity. When these two conducting elements come in contact with each other, they create a path for the flow of electricity. A break in contact between the two elements results in the disruption of the electricity flow.”

According to the report, one of the key drivers for market growth will be modernization of substations. The growing need for energy is necessitating the modernization of technology to ensure that the supply and consumption of power is efficient. A smart grid is one such device that helps achieve this by offering a data communications network that is well integrated into the power grid for smooth operation. It is designed to collect and analyze data regarding the generation, transmission, distribution, and consumption of power, all in real time. The information provided by smart grids is predictive in nature, and it recommends utilities and technologies and information to their suppliers and their customers on the best practices to manage power efficiently.

Further, the report states that minimal product differentiation will be a major challenge for the market. The market has very little product differentiation. The functioning of the different relays that are available in the market is more or less based on the same basic working principle and serves the same purpose. Thus, there is not much scope for differentiation.

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.
Note: Product cover images may vary from those shown
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- ABB
- Alstom
- GE
- SEL
- Siemens
- Littelfuse
- Mitsubishi Electric
- NR Electric
- Honeywell International
- Itron
- Rockwell Automation
- S&C Electric
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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