Analysts’ Viewpoint on Protection Relay Market Scenario
Companies operating in the protection relay market are focusing on high-growth applications such as the protection of transformers, motors, busbars, generators, and feeders to keep their businesses growing post the peak of the COVID-19 pandemic. Booming electrical industry and rise in adoption of solar and wind-based energy are anticipated to drive the global protection relay market in the next few years. Furthermore, demand for protection devices has been rising for the last few years due to increased power requirements across the globe. Hence, protective relay manufacturers are focusing on current trends in the electric industry to broaden their revenue streams. Advanced technologies can be utilized in developing protection devices in order to detect several faults with the help of multiple sensors used in these devices.
A protection relay is an intelligent device that receives inputs, evaluates them against set points, and outputs the results. Current, voltage, resistance, and temperature are all examples of inputs. Communication, control warnings, alarms, visual feedback in the form of indicator lights and/or an alphanumeric display, and power on and off are all examples of outputs. When an electrical failure occurs, the protection relay reduces damage to the machinery and service interruptions. Relays help reduce damage and enhance service. There are various types of protective relays such as digital/numerical relays, electrical protection relays, microprocessor relays, etc. These relays can control various system components and have a variety of actuators. A system's relay can react to specific inputs, and a combination deals with a range of issues and circumstances. Consistent growth of protective relay market can be ascribed to the rise in need for protective relays in digital substations and smart power distribution systems. Increase in number of transmission grids and renewable capacity is likely to fuel the global protection relay market share during the forecast period.
Request a sample to get extensive insights into the Protection Relay Market
Rise in renewable generation capacity such as solar, wind, and biofuels and increase in investment in renewable energy sources are expected to drive the market during the forecast period. According to the International Energy Agency (IEA), the share of renewables in world electricity generation increased to 29% in 2020, up from 27% in 2019. Major players in developing countries are focusing on the development of innovative products that uses renewable energy sources. For instance, Fanox has become an expert in creating a variety of protection relays that are perfectly suited for this installation style. Fanox offers protection relays for medium and high voltage distribution grids. Rise in penetration of renewable energy results in significant modifications to the power system's operational mode, which has an impact on the operation of the protection relay and automation devices. Renewable energy sources can reduce short-circuit currents and the protection system's insensitivity to this fault. These factors are anticipated to boost the demand for protection relays during the forecast period.
Industrial transformation in developing economies is a significant factor that is expected to drive the demand for electrical energy and simultaneously boost the protection relay market. Increase in number of commercial and industrial businesses, rise in number of substations and transmission grids particularly in China, and India is also a key factor that majorly impacted the market growth. Furthermore, major players also contribute to the market growth through new product launches. For instance, in December 2020, ABB announced the launch of new functionality for the all-in-one protection and control relay REX640, developed to support the digitalization of substations and thereby a range of digital switchgear solutions. REX640 is used to protect assets in advanced power generation and distribution applications and is also used for the full range of utility and industrial applications.
In terms of type, the global protection relay market has been segregated into electromagnetic relay, solid state relay, numeric relay, alternating relay, and others (timing relay, thermal relay, etc.). The electromagnetic relay segment held major share of the global market in 2021. The segment is expected to maintain its leading position in the market during the forecast period. Electromagnetic relays are highly popular due to their fast operation, high functionality, and high reliability. These can be used in both AC and DC systems for the protection of equipment. Electromagnetic relays are a type of magnetic switch that uses the magnet to develop a magnetic field, which is employed to open and close the switch and perform mechanical operation. Electromagnetic relays can operate in milliseconds. Furthermore, increase in use of electromagnetic protection relays in motors, transformers, and generator protection is projected to drive the protection relay market.
In terms of voltage range, the global protection relay market has been segmented into low voltage (less than 100 v), medium voltage (100 V to 1 KV), and high voltage (above 1 KV). Rise in demand for protection devices in commercial and residential areas is one of the significant factors fueling the segment growth. Medium voltage protection relays are commonly used in control panels and manufacturing and building automation to control power in the circuit along with switching smaller current values. Furthermore, a medium voltage relay is used to protect the feeder, transformer, motor, capacitor, voltage, and bus tie.
Asia Pacific held the largest share of approximately 33% of the global protection relay market in 2021. The market is expected to grow rapidly in the next few years. Favorable government regulations for the adoption of safety devices in the industries is one of the major factors fueling the market in this region. North America held a significant share of the protection relay market in 2021 due to the increased demand for protection relays in industrial applications in the region. Middle East & Africa is a larger market for protection relay as compared to South America; however, the market in South America is estimated to grow at a rapid pace as compared to the market in Middle East & Africa.
The global protection relay market is consolidated, with the presence of a few large-scale vendors who control a majority of the share. Manufacturers operating in the global protection relay market are investing significantly in comprehensive research and development activities, primarily to develop technologically advanced products. Expansion of product portfolios and mergers and acquisitions are notable strategies adopted by key players. ABB, Basler Electric, Eaton Corporation PLC, Fanox, General Electric Company, Iskra, Littelfuse, Inc., MEIDENSHA CORPORATION, Mitsubishi Electric Corporation, NISSIN ELECTRIC Co., Ltd., Rockwell Automation, Inc., Schneider Electric, Siemens, TE Connectivity, and Toshiba Energy Systems & Solutions Corporation are the prominent entities operating in this market.
Request a custom report on Protection Relay Market
Each of these players has been profiled in the protection relay market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
|
Attribute |
Detail |
|
Market Size Value in 2021 |
US$ 2.96 Bn |
|
Market Forecast Value in 2031 |
US$ 4.80 Bn |
|
Growth Rate (CAGR) |
5.1% |
|
Forecast Period |
2022–2031 |
|
Historical Data Available for |
2017–2020 |
|
Quantitative Units |
US$ Bn for Value & Million Units for Volume |
|
Market Analysis |
It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
|
Competition Landscape |
|
|
Format |
Electronic (PDF) + Excel |
|
Market Segmentation |
|
|
Regions Covered |
|
|
Countries Covered |
|
|
Companies Profiled |
|
|
Customization Scope |
Available upon request |
|
Pricing |
Available upon request |
The protection relay market stood at US$ 2.96 Bn in 2021
The protection relay market is expected to grow at a CAGR of 5.1% by 2031
The protection relay market is expected to reach US$ 4.80 Bn in 2031
ABB, Basler Electric, Eaton Corporation PLC, Fanox, General Electric Company, Iskra, Littelfuse, Inc., MEIDENSHA CORPORATION, Mitsubishi Electric Corporation, NISSIN ELECTRIC Co., Ltd., Rockwell Automation, Inc., Schneider Electric, Siemens, TE Connectivity, and Toshiba Energy Systems & Solutions Corporation
The U.S. accounted for approximately 21% of share of the protection relay market in 2021
Based on voltage range, the medium voltage segment is expected to hold approximately 35% share of the protection relay market
Rise in adoption of ultra-high speed protection devices is the prominent trend in the global protection relay market.
Asia Pacific is highly lucrative region of the protection relay market
1. Preface
1.1. Market Introduction
1.2. Market and Segments Definition
1.3. Market Taxonomy
1.4. Research Methodology
1.5. Assumption and Acronyms
2. Executive Summary
2.1. Protection Relay Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Country and Sub-region
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
3.6. Regulatory Scenario
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview – Global Protective Devices Industry Overview
4.2. Supply Chain Analysis
4.3. Pricing Analysis
4.4. Insulation Roadmap Analysis
4.5. Industry SWOT Analysis
4.6. Porter Five Forces Analysis
4.7. Covid-19 Impact and Recovery Analysis
5. Protection Relay Market Analysis, by Type
5.1. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Type, 2017–2031
5.1.1. Electromagnetic Relay
5.1.2. Solid State Relay
5.1.3. Numeric Relay
5.1.4. Alternating Relay
5.1.5. Others
5.2. Market Attractiveness Analysis, by Type
6. Protection Relay Market Analysis, by Voltage Range
6.1. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Voltage Range, 2017–2031
6.1.1. Low Voltage (Less than 100 V)
6.1.2. Medium Voltage (100 V to 1 KV)
6.1.3. High Voltage (Above 1 KV)
6.2. Market Attractiveness Analysis, by Voltage Range
7. Protection Relay Market Analysis, by Application
7.1. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by Application, 2017–2031
7.1.1. Transformer Protection
7.1.2. Motor Protection
7.1.3. Busbar Protection
7.1.4. Generator Protection
7.1.5. Feeder Protection
7.1.6. Transmission Line Protection
7.1.7. Others
7.2. Market Attractiveness Analysis, by Application
8. Protection Relay Market Analysis, by End-use Industry
8.1. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031
8.1.1. Energy & Utility
8.1.2. Industrial
8.1.2.1. Automotive and Transportation
8.1.2.2. Oil & Gas
8.1.2.3. Marine
8.1.2.4. Food & Beverage
8.1.2.5. Others
8.1.3. Commercial & Institutional
8.2. Market Attractiveness Analysis, by End-use Industry
9. Protection Relay Market Analysis and Forecast, by Region
9.1. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Region, 2017–2031
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Middle East & Africa
9.1.5. South America
9.2. Market Attractiveness Analysis, by Region
10. North America Protection Relay Market Analysis and Forecast
10.1. Market Country and Sub-region
10.2. Drivers and Restraints: Impact Analysis
10.3. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Type, 2017–2031
10.3.1. Electromagnetic Relay
10.3.2. Solid State Relay
10.3.3. Numeric Relay
10.3.4. Alternating Relay
10.3.5. Others
10.4. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Voltage Range, 2017–2031
10.4.1. Low Voltage (Less than 100 V)
10.4.2. Medium Voltage (100 V to 1 KV)
10.4.3. High Voltage (Above 1 KV)
10.5. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by Application, 2017–2031
10.5.1. Transformer Protection
10.5.2. Motor Protection
10.5.3. Busbar Protection
10.5.4. Generator Protection
10.5.5. Feeder Protection
10.5.6. Transmission Line Protection
10.5.7. Others
10.6. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031
10.6.1. Energy & Utility
10.6.2. Industrial
10.6.2.1. Automotive and Transportation
10.6.2.2. Oil & Gas
10.6.2.3. Marine
10.6.2.4. Food & Beverage
10.6.2.5. Others
10.6.3. Commercial & Institutional
10.7. Protection Relay Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
10.7.1. U.S.
10.7.2. Canada
10.7.3. Rest of North America
10.8. Market Attractiveness Analysis
10.8.1. By Type
10.8.2. By Voltage Range
10.8.3. By Application
10.8.4. By End-use Industry
10.8.5. By Country and Sub-region
11. Europe Protection Relay Market Analysis and Forecast
11.1. Market Country and Sub-region
11.2. Drivers and Restraints: Impact Analysis
11.3. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Type, 2017–2031
11.3.1. Electromagnetic Relay
11.3.2. Solid State Relay
11.3.3. Numeric Relay
11.3.4. Alternating Relay
11.3.5. Others
11.4. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Voltage Range, 2017–2031
11.4.1. Low Voltage (Less than 100 V)
11.4.2. Medium Voltage (100 V to 1 KV)
11.4.3. High Voltage (Above 1 KV)
11.5. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by Application, 2017–2031
11.5.1. Transformer Protection
11.5.2. Motor Protection
11.5.3. Busbar Protection
11.5.4. Generator Protection
11.5.5. Feeder Protection
11.5.6. Transmission Line Protection
11.5.7. Others
11.6. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031
11.6.1. Energy & Utility
11.6.2. Industrial
11.6.2.1. Automotive and Transportation
11.6.2.2. Oil & Gas
11.6.2.3. Marine
11.6.2.4. Food & Beverage
11.6.2.5. Others
11.6.3. Commercial & Institutional
11.7. Protection Relay Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
11.7.1. U.K.
11.7.2. Germany
11.7.3. France
11.7.4. Rest of Europe
11.8. Market Attractiveness Analysis
11.8.1. By Type
11.8.2. By Voltage Range
11.8.3. By Application
11.8.4. By End-use Industry
11.8.5. By Country and Sub-region
12. Asia Pacific Protection Relay Market Analysis and Forecast
12.1. Market Country and Sub-region
12.2. Drivers and Restraints: Impact Analysis
12.3. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Type, 2017–2031
12.3.1. Electromagnetic Relay
12.3.2. Solid State Relay
12.3.3. Numeric Relay
12.3.4. Alternating Relay
12.3.5. Others
12.4. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Voltage Range, 2017–2031
12.4.1. Low Voltage (Less than 100 V)
12.4.2. Medium Voltage (100 V to 1 KV)
12.4.3. High Voltage (Above 1 KV)
12.5. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by Application, 2017–2031
12.5.1. Transformer Protection
12.5.2. Motor Protection
12.5.3. Busbar Protection
12.5.4. Generator Protection
12.5.5. Feeder Protection
12.5.6. Transmission Line Protection
12.5.7. Others
12.6. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031
12.6.1. Energy & Utility
12.6.2. Industrial
12.6.2.1. Automotive and Transportation
12.6.2.2. Oil & Gas
12.6.2.3. Marine
12.6.2.4. Food & Beverage
12.6.2.5. Others
12.6.3. Commercial & Institutional
12.7. Protection Relay Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
12.7.1. China
12.7.2. India
12.7.3. Japan
12.7.4. South Korea
12.7.5. ASEAN
12.7.6. Rest of Asia Pacific
12.8. Market Attractiveness Analysis
12.8.1. By Type
12.8.2. By Voltage Range
12.8.3. By Application
12.8.4. By End-use Industry
12.8.5. By Country and Sub-region
13. Middle East & Africa Protection Relay Market Analysis and Forecast
13.1. Market Country and Sub-region
13.2. Drivers and Restraints: Impact Analysis
13.3. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Type, 2017–2031
13.3.1. Electromagnetic Relay
13.3.2. Solid State Relay
13.3.3. Numeric Relay
13.3.4. Alternating Relay
13.3.5. Others
13.4. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Voltage Range, 2017–2031
13.4.1. Low Voltage (Less than 100 V)
13.4.2. Medium Voltage (100 V to 1 KV)
13.4.3. High Voltage (Above 1 KV)
13.5. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by Application, 2017–2031
13.5.1. Transformer Protection
13.5.2. Motor Protection
13.5.3. Busbar Protection
13.5.4. Generator Protection
13.5.5. Feeder Protection
13.5.6. Transmission Line Protection
13.5.7. Others
13.6. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031
13.6.1. Energy & Utility
13.6.2. Industrial
13.6.2.1. Automotive and Transportation
13.6.2.2. Oil & Gas
13.6.2.3. Marine
13.6.2.4. Food & Beverage
13.6.2.5. Others
13.6.3. Commercial & Institutional
13.7. Protection Relay Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
13.7.1. GCC
13.7.2. South Africa
13.7.3. Rest of the Middle East & Africa
13.8. Market Attractiveness Analysis
13.8.1. By Type
13.8.2. By Voltage Range
13.8.3. By Application
13.8.4. By End-use Industry
13.8.5. By Country and Sub-region
14. South America Protection Relay Market Analysis and Forecast
14.1. Market Country and Sub-region
14.2. Drivers and Restraints: Impact Analysis
14.3. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Type, 2017–2031
14.3.1. Electromagnetic Relay
14.3.2. Solid State Relay
14.3.3. Numeric Relay
14.3.4. Alternating Relay
14.3.5. Others
14.4. Protection Relay Market Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Voltage Range, 2017–2031
14.4.1. Low Voltage (Less than 100 V)
14.4.2. Medium Voltage (100 V to 1 KV)
14.4.3. High Voltage (Above 1 KV)
14.5. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by Application, 2017–2031
14.5.1. Transformer Protection
14.5.2. Motor Protection
14.5.3. Busbar Protection
14.5.4. Generator Protection
14.5.5. Feeder Protection
14.5.6. Transmission Line Protection
14.5.7. Others
14.6. Protection Relay Market Value (US$ Bn) Analysis & Forecast, by End-use Industry, 2017–2031
14.6.1. Energy & Utility
14.6.2. Industrial
14.6.2.1. Automotive and Transportation
14.6.2.2. Oil & Gas
14.6.2.3. Marine
14.6.2.4. Food & Beverage
14.6.2.5. Others
14.6.3. Commercial & Institutional
14.7. Protection Relay Value (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
14.7.1. Brazil
14.7.2. Rest of South America
14.8. Market Attractiveness Analysis
14.8.1. By Type
14.8.2. By Voltage Range
14.8.3. By Application
14.8.4. By End-use Industry
14.8.5. By Country and Sub-region
15. Competition Assessment
15.1. Global Protection Relay Market Competition Matrix - a Dashboard View
15.1.1. Global Protection Relay Market Company Share Analysis, by Value (2021)
15.1.2. Technological Differentiator
16. Company Profiles (Global Manufacturers/Suppliers)
16.1. ABB
16.1.1. Overview
16.1.2. Product Portfolio
16.1.3. Sales Footprint
16.1.4. Key Subsidiaries or Distributors
16.1.5. Strategy and Recent Developments
16.1.6. Key Financials
16.2. Basler Electric
16.2.1. Overview
16.2.2. Product Portfolio
16.2.3. Sales Footprint
16.2.4. Key Subsidiaries or Distributors
16.2.5. Strategy and Recent Developments
16.2.6. Key Financials
16.3. Eaton Corporation PLC
16.3.1. Overview
16.3.2. Product Portfolio
16.3.3. Sales Footprint
16.3.4. Key Subsidiaries or Distributors
16.3.5. Strategy and Recent Developments
16.3.6. Key Financials
16.4. Fanox
16.4.1. Overview
16.4.2. Product Portfolio
16.4.3. Sales Footprint
16.4.4. Key Subsidiaries or Distributors
16.4.5. Strategy and Recent Developments
16.4.6. Key Financials
16.5. General Electric Company
16.5.1. Overview
16.5.2. Product Portfolio
16.5.3. Sales Footprint
16.5.4. Key Subsidiaries or Distributors
16.5.5. Strategy and Recent Developments
16.5.6. Key Financials
16.6. Iskra
16.6.1. Overview
16.6.2. Product Portfolio
16.6.3. Sales Footprint
16.6.4. Key Subsidiaries or Distributors
16.6.5. Strategy and Recent Developments
16.6.6. Key Financials
16.7. Littelfuse, Inc.
16.7.1. Overview
16.7.2. Product Portfolio
16.7.3. Sales Footprint
16.7.4. Key Subsidiaries or Distributors
16.7.5. Strategy and Recent Developments
16.7.6. Key Financials
16.8. MEIDENSHA CORPORATION
16.8.1. Overview
16.8.2. Product Portfolio
16.8.3. Sales Footprint
16.8.4. Key Subsidiaries or Distributors
16.8.5. Strategy and Recent Developments
16.8.6. Key Financials
16.9. Mitsubishi Electric Corporation
16.9.1. Overview
16.9.2. Product Portfolio
16.9.3. Sales Footprint
16.9.4. Key Subsidiaries or Distributors
16.9.5. Strategy and Recent Developments
16.9.6. Key Financials
16.10. NISSIN ELECTRIC Co.,Ltd.
16.10.1. Overview
16.10.2. Product Portfolio
16.10.3. Sales Footprint
16.10.4. Key Subsidiaries or Distributors
16.10.5. Strategy and Recent Developments
16.10.6. Key Financials
16.11. Rockwell Automation, Inc.
16.11.1. Overview
16.11.2. Product Portfolio
16.11.3. Sales Footprint
16.11.4. Key Subsidiaries or Distributors
16.11.5. Strategy and Recent Developments
16.11.6. Key Financials
16.12. Schneider Electric
16.12.1. Overview
16.12.2. Product Portfolio
16.12.3. Sales Footprint
16.12.4. Key Subsidiaries or Distributors
16.12.5. Strategy and Recent Developments
16.12.6. Key Financials
16.13. Siemens
16.13.1. Overview
16.13.2. Product Portfolio
16.13.3. Sales Footprint
16.13.4. Key Subsidiaries or Distributors
16.13.5. Strategy and Recent Developments
16.13.6. Key Financials
16.14. TE Connectivity
16.14.1. Overview
16.14.2. Product Portfolio
16.14.3. Sales Footprint
16.14.4. Key Subsidiaries or Distributors
16.14.5. Strategy and Recent Developments
16.14.6. Key Financials
16.15. Toshiba Energy Systems & Solutions Corporation
16.15.1. Overview
16.15.2. Product Portfolio
16.15.3. Sales Footprint
16.15.4. Key Subsidiaries or Distributors
16.15.5. Strategy and Recent Developments
16.15.6. Key Financials
17. Recommendation
17.1. Opportunity Assessment
17.1.1. By Type
17.1.2. By Voltage Range
17.1.3. By Application
17.1.4. By End-use Industry
17.1.5. By Region
List of Tables
Table 01: Global Protection Relay Market Value (US$ Bn) Forecast, by Type, 2017‒2031
Table 02: Global Protection Relay Market Volume (Million Units) Forecast, by Type, 2017‒2031
Table 03: Global Protection Relay Market Value (US$ Bn) Forecast, by Voltage Range, 2017‒2031
Table 04: Global Protection Relay Market Value (Million Units) Forecast, by Voltage Range, 2017‒2031
Table 05: Global Protection Relay Market Value (US$ Bn) Forecast, by Application, 2017‒2031
Table 06: Global Protection Relay Market Value (US$ Bn) Forecast, by End-use Industry, 2017‒2031
Table 07: Global Protection Relay Market Value (US$ Bn) Forecast, by Region, 2017‒2031
Table 08: North America Protection Relay Market Value (US$ Bn) Forecast, by Type, 2017‒2031
Table 09: North America Protection Relay Market Volume (Million Units) Forecast, by Type, 2017‒2031
Table 10: North America Protection Relay Market Value (US$ Bn) Forecast, by Voltage Range, 2017‒2031
Table 11: North America Protection Relay Market Value (Million Units) Forecast, by Voltage Range, 2017‒2031
Table 12: North America Protection Relay Market Value (US$ Bn) Forecast, by Application, 2017‒2031
Table 13: North America Protection Relay Market Value (US$ Bn) Forecast, by End-use Industry, 2017‒2031
Table 14: North America Protection Relay Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031
Table 15: Europe Protection Relay Market Value (US$ Bn) Forecast, by Type, 2017‒2031
Table 16: Europe Protection Relay Market Volume (Million Units) Forecast, by Type, 2017‒2031
Table 17: Europe Protection Relay Market Value (US$ Bn) Forecast, by Voltage Range, 2017‒2031
Table 18: Europe Protection Relay Market Value (Million Units) Forecast, by Voltage Range, 2017‒2031
Table 19: Europe Protection Relay Market Value (US$ Bn) Forecast, by Application, 2017‒2031
Table 20: Europe Protection Relay Market Value (US$ Bn) Forecast, by End-use Industry, 2017‒2031
Table 21: Europe Protection Relay Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031
Table 22: Asia Pacific Protection Relay Market Value (US$ Bn) Forecast, by Type, 2017‒2031
Table 23: Asia Pacific Protection Relay Market Volume (Million Units) Forecast, by Type, 2017‒2031
Table 24: Asia Pacific Protection Relay Market Value (US$ Bn) Forecast, by Voltage Range, 2017‒2031
Table 25: Asia Pacific Protection Relay Market Value (Million Units) Forecast, by Voltage Range, 2017‒2031
Table 26: Asia Pacific Protection Relay Market Value (US$ Bn) Forecast, by Application, 2017‒2031
Table 27: Asia Pacific Protection Relay Market Value (US$ Bn) Forecast, by End-use Industry, 2017‒2031
Table 28: Asia Pacific Protection Relay Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031
Table 29: Middle East & Africa Protection Relay Market Value (US$ Bn) Forecast, by Type, 2017‒2031
Table 30: Middle East & Africa Protection Relay Market Volume (Million Units) Forecast, by Type, 2017‒2031
Table 31: Middle East & Africa Protection Relay Market Value (US$ Bn) Forecast, by Voltage Range, 2017‒2031
Table 32: Middle East & Africa Protection Relay Market Value (Million Units) Forecast, by Voltage Range, 2017‒2031
Table 33: Middle East & Africa Protection Relay Market Value (US$ Bn) Forecast, by Application, 2017‒2031
Table 34: Middle East & Africa Protection Relay Market Value (US$ Bn) Forecast, by End-use Industry, 2017‒2031
Table 35: Middle East & Africa Protection Relay Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031
Table 36: South America Protection Relay Market Value (US$ Bn) Forecast, by Type, 2017‒2031
Table 37: South America Protection Relay Market Volume (Million Units) Forecast, by Type, 2017‒2031
Table 38: South America Protection Relay Market Value (US$ Bn) Forecast, by Voltage Range, 2017‒2031
Table 39: South America Protection Relay Market Value (Million Units) Forecast, by Voltage Range, 2017‒2031
Table 40: South America Protection Relay Market Value (US$ Bn) Forecast, by Application, 2017‒2031
Table 41: South America Protection Relay Market Value (US$ Bn) Forecast, by End-use Industry, 2017‒2031
Table 42: South America Protection Relay Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031
List of Figures
Figure 01: Global Protection Relay Market Share Analysis, by Region, 2022 and 2031
Figure 02: Global Protection Relay Price Trend Analysis (Average Price, US$ Thousand)
Figure 03: Global Protection Relay Market Size & Forecast, Value (US$ Bn), 2017-2031
Figure 04: Global Protection Relay Market Size & Forecast, Volume (Million Units), 2017-2031
Figure 05: Global Protection Relay Market, Year-on-Year Growth, Global Overview, 2018-2031
Figure 06: Global Protection Relay Market Projections by Type, Value (US$ Bn), 2017-2031
Figure 07: Global Protection Relay Market, Incremental Opportunity, by Type, Value (US$ Mn ), 2022-2031
Figure 08: Global Protection Relay Market Share Analysis, by Type, 2022 and 2031
Figure 09: Global Protection Relay Market Projections by Voltage Range, Value (US$ Bn), 2017-2031
Figure 10: Global Protection Relay Market, Incremental Opportunity, by Voltage Range, Value (US$ Bn), 2022-2031
Figure 11: Global Protection Relay Market Share Analysis, by Voltage Range, 2022 and 2031
Figure 12: Global Protection Relay Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 13: Global Protection Relay Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2022-2031
Figure 14: Global Protection Relay Market Share Analysis, by Application, 2022 and 2031
Figure 15: Global Protection Relay Market Projections by End-use Industry, Value (US$ Bn), 2017-2031
Figure 16: Global Protection Relay Market, Incremental Opportunity, by End-use Industry, Value (US$ Bn), 2022-2031
Figure 17: Global Protection Relay Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 18: Global Protection Relay Market Projections by Region, Value (US$ Bn), 2017-2031
Figure 19: Global Protection Relay Market, Incremental Opportunity, by Region, Value (US$ Bn), 2022-2031
Figure 20: Global Protection Relay Market Share Analysis, by Region, 2022 and 2031
Figure 21: North America Protection Relay Market Size & Forecast, Value (US$ Bn), 2017-2031
Figure 22: North America Protection Relay Market Size & Forecast, Volume (Million Units), 2017-2031
Figure 23: North America Protection Relay Market, Year-on-Year Growth, North America Overview, 2018-2031
Figure 24: North America Protection Relay Market Projections by Type, Value (US$ Bn), 2017-2031
Figure 25: North America Protection Relay Market, Incremental Opportunity, by Type, Value (US$ Mn ), 2022-2031
Figure 26: North America Protection Relay Market Share Analysis, by Type, 2022 and 2031
Figure 27: North America Protection Relay Market Projections by Voltage Range, Value (US$ Bn), 2017-2031
Figure 28: North America Protection Relay Market, Incremental Opportunity, by Voltage Range, Value (US$ Bn), 2022-2031
Figure 29: North America Protection Relay Market Share Analysis, by Voltage Range, 2022 and 2031
Figure 30: North America Protection Relay Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 31: North America Protection Relay Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2022-2031
Figure 32: North America Protection Relay Market Share Analysis, by Application, 2022 and 2031
Figure 33: North America Protection Relay Market Projections by End-use Industry, Value (US$ Bn), 2017-2031
Figure 34: North America Protection Relay Market, Incremental Opportunity, by End-use Industry, Value (US$ Bn), 2022-2031
Figure 35: North America Protection Relay Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 36: North America Protection Relay Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031
Figure 37: North America Protection Relay Market, Incremental Opportunity, by Country and Sub-region, Value (US$ Bn), 2022-2031
Figure 38: North America Protection Relay Market Share Analysis, by Country and Sub-region, 2022 and 2031
Figure 39: Europe Protection Relay Market Size & Forecast, Value (US$ Bn), 2017-2031
Figure 40: Europe Protection Relay Market Size & Forecast, Volume (Million Units), 2017-2031
Figure 41: Europe Protection Relay Market, Year-on-Year Growth, Europe Overview, 2018-2031
Figure 42: Europe Protection Relay Market Projections by Type, Value (US$ Bn), 2017-2031
Figure 43: Europe Protection Relay Market, Incremental Opportunity, by Type, Value (US$ Mn ), 2022-2031
Figure 44: Europe Protection Relay Market Share Analysis, by Type, 2022 and 2031
Figure 45: Europe Protection Relay Market Projections by Voltage Range, Value (US$ Bn), 2017-2031
Figure 46: Europe Protection Relay Market, Incremental Opportunity, by Voltage Range, Value (US$ Bn), 2022-2031
Figure 47: Europe Protection Relay Market Share Analysis, by Voltage Range, 2022 and 2031
Figure 48: Europe Protection Relay Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 49: Europe Protection Relay Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2022-2031
Figure 50: Europe Protection Relay Market Share Analysis, by Application, 2022 and 2031
Figure 51: Europe Protection Relay Market Projections by End-use Industry, Value (US$ Bn), 2017-2031
Figure 52: Europe Protection Relay Market, Incremental Opportunity, by End-use Industry, Value (US$ Bn), 2022-2031
Figure 53: Europe Protection Relay Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 54: Europe Protection Relay Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031
Figure 55: Europe Protection Relay Market, Incremental Opportunity, by Country and Sub-region, Value (US$ Bn), 2022-2031
Figure 56: Europe Protection Relay Market Share Analysis, by Country and Sub-region, 2022 and 2031
Figure 57: Asia Pacific Protection Relay Market Size & Forecast, Value (US$ Bn), 2017-2031
Figure 58: Asia Pacific Protection Relay Market Size & Forecast, Volume (Million Units), 2017-2031
Figure 59: Asia Pacific Protection Relay Market, Year-on-Year Growth, Asia Pacific Overview, 2018-2031
Figure 60: Asia Pacific Protection Relay Market Projections by Type, Value (US$ Bn), 2017-2031
Figure 61: Asia Pacific Protection Relay Market, Incremental Opportunity, by Type, Value (US$ Mn ), 2022-2031
Figure 62: Asia Pacific Protection Relay Market Share Analysis, by Type, 2022 and 2031
Figure 63: Asia Pacific Protection Relay Market Projections by Voltage Range, Value (US$ Bn), 2017-2031
Figure 64: Asia Pacific Protection Relay Market, Incremental Opportunity, by Voltage Range, Value (US$ Bn), 2022-2031
Figure 65: Asia Pacific Protection Relay Market Share Analysis, by Voltage Range, 2022 and 2031
Figure 66: Asia Pacific Protection Relay Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 67: Asia Pacific Protection Relay Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2022-2031
Figure 68: Asia Pacific Protection Relay Market Share Analysis, by Application, 2022 and 2031
Figure 69: Asia Pacific Protection Relay Market Projections by End-use Industry, Value (US$ Bn), 2017-2031
Figure 70: Asia Pacific Protection Relay Market, Incremental Opportunity, by End-use Industry, Value (US$ Bn), 2022-2031
Figure 71: Asia Pacific Protection Relay Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 72: Asia Pacific Protection Relay Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031
Figure 73: Asia Pacific Protection Relay Market, Incremental Opportunity, by Country and Sub-region, Value (US$ Bn), 2022-2031
Figure 74: Asia Pacific Protection Relay Market Share Analysis, by Country and Sub-region, 2022 and 2031
Figure 75: Middle East & Africa Protection Relay Market Size & Forecast, Value (US$ Bn), 2017-2031
Figure 76: Middle East & Africa Protection Relay Market Size & Forecast, Volume (Million Units), 2017-2031
Figure 77: Middle East & Africa Protection Relay Market, Year-on-Year Growth, Middle East & Africa Overview, 2018-2031
Figure 78: Middle East & Africa Protection Relay Market Projections by Type, Value (US$ Bn), 2017-2031
Figure 79: Middle East & Africa Protection Relay Market, Incremental Opportunity, by Type, Value (US$ Mn ), 2022-2031
Figure 80: Middle East & Africa Protection Relay Market Share Analysis, by Type, 2022 and 2031
Figure 81: Middle East & Africa Protection Relay Market Projections by Voltage Range, Value (US$ Bn), 2017-2031
Figure 82: Middle East & Africa Protection Relay Market, Incremental Opportunity, by Voltage Range, Value (US$ Bn), 2022-2031
Figure 83: Middle East & Africa Protection Relay Market Share Analysis, by Voltage Range, 2022 and 2031
Figure 84: Middle East & Africa Protection Relay Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 85: Middle East & Africa Protection Relay Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2022-2031
Figure 86: Middle East & Africa Protection Relay Market Share Analysis, by Application, 2022 and 2031
Figure 87: Middle East & Africa Protection Relay Market Projections by End-use Industry, Value (US$ Bn), 2017-2031
Figure 88: Middle East & Africa Protection Relay Market, Incremental Opportunity, by End-use Industry, Value (US$ Bn), 2022-2031
Figure 89: Middle East & Africa Protection Relay Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 90: Middle East & Africa Protection Relay Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031
Figure 91: Middle East & Africa Protection Relay Market, Incremental Opportunity, by Country and Sub-region, Value (US$ Bn), 2022-2031
Figure 92: Middle East & Africa Protection Relay Market Share Analysis, by Country and Sub-region, 2022 and 2031
Figure 93: South America Protection Relay Market Size & Forecast, Value (US$ Bn), 2017-2031
Figure 94: South America Protection Relay Market Size & Forecast, Volume (Million Units), 2017-2031
Figure 95: South America Protection Relay Market, Year-on-Year Growth, South America Overview, 2018-2031
Figure 96: South America Protection Relay Market Projections by Type, Value (US$ Bn), 2017-2031
Figure 97: South America Protection Relay Market, Incremental Opportunity, by Type, Value (US$ Mn ), 2022-2031
Figure 98: South America Protection Relay Market Share Analysis, by Type, 2022 and 2031
Figure 99: South America Protection Relay Market Projections by Voltage Range, Value (US$ Bn), 2017-2031
Figure 100: South America Protection Relay Market, Incremental Opportunity, by Voltage Range, Value (US$ Bn), 2022-2031
Figure 101: South America Protection Relay Market Share Analysis, by Voltage Range, 2022 and 2031
Figure 102: South America Protection Relay Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 103: South America Protection Relay Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2022-2031
Figure 104: South America Protection Relay Market Share Analysis, by Application, 2022 and 2031
Figure 105: South America Protection Relay Market Projections by End-use Industry, Value (US$ Bn), 2017-2031
Figure 106: South America Protection Relay Market, Incremental Opportunity, by End-use Industry, Value (US$ Bn), 2022-2031
Figure 107: South America Protection Relay Market Share Analysis, by End-use Industry, 2022 and 2031
Figure 108: South America Protection Relay Market Projections by Country and Sub-region, Value (US$ Bn), 2017-2031
Figure 109: South America Protection Relay Market, Incremental Opportunity, by Country and Sub-region, Value (US$ Bn), 2022-2031
Figure 110: South America Protection Relay Market Share Analysis, by Country and Sub-region, 2022 and 2031
Copyright © Transparency Market Research, Inc. All Rights reserved
Trust Online
Protection Relay Market
