Latin America Protective Relays Market - By Voltage Range , Application, Geography, Trends, Forecast - 2017 - 2022

  • ID: 4389307
  • Report
  • Region: America, America (exc North), Latin America
  • 96 pages
  • Mordor Intelligence
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The Latin America protective relays market was estimated at USD XX.XX billion in 2016 and is projected to reach USD XX.XX billion by 2022, growing at a CAGR of 8.49% through the forecast period of 2017-2022.

Latin America is a huge market into which, countries from around the world are investing heavily. Seeing the investments, the countries are increasing the size of the grids. Brazils ten year plan for energy expansion states that Brazil will invest $60.46 billion Brazilian Real and $30 billion Brazilian Real in power transmission lines. This huge increase in the power plants will help the Protective Relay market to grow as well.

Latin America is increasing its production of energy from renewable sources like solar, wind, geothermal, ocean and hydro. To connect these renewable power sources to the main grid, countries in Latin America are upgrading their transmission and distribution systems. With the increase in the new transmission and distribution systems, the demand for protective relay will also increase.

Protective relay is a device which is designed to trip a circuit breaker when an electric fault is detected. It triggers an alarm if any abnormality is found within the electrical circuit. These protective relays can be differentiated on number of factors such as actuating parameter or based on applications. The main products which are in use in current market are high-voltage relays and medium-voltage relays. The demand for protective relays is growing across the world with increase in electricity consumption and more focus of governments towards infrastructure investments. The other factor which is driving this market is renewable energy. Investments towards renewable energy projects are also contributing to the growth of this market.

Some of the major vendors mentioned in the report are ABB, Alstom, GE, Schweitzer Engineering Laboratories and Schneider Electric.

Who should be interested in this report?This Report Offers:

1) Market Definition for the Protective Relay market along with identification of key drivers and restraints for the market.

2) Market analysis for the Protective Relay market, with region specific assessments and competition analysis on a global and regional scale.

3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

4) Extensively researched competitive landscape section with profiles of major companies along with their share of markets.

5) Identification and analysis of the Macro and Micro factors that affect the Protective Relay market on both global and regional scale.

6) A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Beneficiaries:

1) Vendors who are into manufacturing of these products, as they can get an overview of what competitors are doing and also which markets they can look forward to expand their operations

2) Enterprises using this technology for usage in different products and services they provide

3) Investors who are willing to invest in this market

4) Consultants who can get readymade analysis to guide their clients

5) Anyone who wants to know about this industry
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1. Introduction
1.1 Key Findings
1.2 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Market Overview
3.2 Factors Driving the Market
3.2.1 Increase in investments in infrastructure projects
3.2.2 Growth in electricity consumption
3.2.3 Increased investments in renewable energy sources
3.3 Factors Restraining the Market
3.3.1 Product differentiation is difficult
3.4 Industry Value Chain Analysis
3.5 Industry Attractiveness – Porter’s Five Forces
3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Consumers
3.5.3 Threat of New Entrants
3.5.4 Threat of Substitute Products or Services
3.5.5 Competitive Rivalry among Existing Competitors
4. Technology Overview
4.1 Technology Snapshot
4.2 Applications of Protective Relays
4.3 Types of Protective Relays
4.3.1 Based on Application
4.3.1.1 Primary Relay
4.3.1.2 Backup Relay
4.3.2 Based on Actuating Parameter
4.3.2.1 Current Relays
4.3.2.2 Voltage Relays
4.3.2.3 Frequency Relays
4.3.2.4 Power Relays
4.3.2.5 Others
4.4 Protective Relay Products
4.4.1 High-Voltage Protective Relays
4.4.2 Medium-Voltage Protective Relays
4.5 New Developments in Protective Relay Technology
5. Latin America Protective Relay Market by Applications
5.1 Primary Relay
5.1.1 Overview
5.1.2 Market Share and Forecast
5.2 Backup Relay
5.2.1 Overview
5.2.2 Market Share and Forecast
6. Latin America Protective Relay Market by Actuating Parameters
6.1 Current Relays
6.1.1 Overview
6.1.2 Market Share and Forecast
6.2 Voltage Relays
6.2.1 Overview
6.2.2 Market Share and Forecast
6.3 Frequency Relays
6.3.1 Overview
6.3.2 Market Share and Forecast
6.4 Power Relays
6.4.1 Overview
6.4.2 Market Share and Forecast
6.5 Others
6.5.1 Overview
6.5.2 Market Share and Forecast
7. Latin America Protective Relay Market Segmentation
7.1 Latin America
7.1.1 Introduction
7.1.2 Brazil
7.1.3 Mexico
7.1.4 Others
8. Vendor Market Share
9. Company Profiles of Key Vendors
9.1 ABB
9.1.1 Overview
9.1.2 Major Products and Services
9.1.3 Financials
9.1.4 Recent Developments
9.2 Schweitzer Engineering Laboratories
9.2.1 Overview
9.2.2 Major Products and Services
9.2.3 Financials
9.2.4 Recent Developments
9.3 Alstom
9.3.1 Overview
9.3.2 Major Products and Services
9.3.3 Financials
9.3.4 Recent Developments
9.4 GE
9.4.1 Overview
9.4.2 Major Products and Services
9.4.3 Financials
9.4.4 Recent Developments
9.5 Schneider Electric
9.5.1 Overview
9.5.2 Major Products and Services
9.5.3 Financials
9.5.4 Recent Developments
9.6 Eaton
9.6.1 Overview
9.6.2 Major Products and Services
9.6.3 Financials
9.6.4 Recent Developments
9.7 Woodward
9.7.1 Overview
9.7.2 Major Products and Services
9.7.3 Financials
9.7.4 Recent Developments
9.8 Mitsubishi Electric
9.8.1 Overview
9.8.2 Major Products and Services
9.8.3 Financials
9.8.4 Recent Developments
9.9 Toshiba
9.9.1 Overview
9.9.2 Major Products and Services
9.9.3 Financials
9.9.4 Recent Developments
9.10 Bender
9.10.1 Overview
9.10.2 Major Products and Services
9.10.3 Financials
9.10.4 Recent Developments
9.11 Siemens
9.11.1 Overview
9.11.2 Major Products and Services
9.11.3 Financials
9.11.4 Recent Developments
10. Investment Analysis
10.1 Role of Business Accelerators
10.2 Recent Mergers and Acquisitions
10.3 Investor Outlook
11. Future of Latin America Protective Relay Market
List of Figures
List of Tables
Abbreviations
Works Cited
Disclaimer
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