Global Protective Relays Market 2014-2018

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Published : Jun-2014
No. of Pages : 67

A protective relay is a device designed to register over-current, over-voltage, reverse power flow, over- and under- frequency in order to avoid any major accidents and flashovers. It trips the circuit breaker when a fault is detected. If there is any discrepancy or the abnormality in the current voltage or any other power measurement, protective relay detect it and trigger an alarm. In this case, a circuit breaker is used to switch the electrical power on and off to avoid system damage. There are different kinds of protective relays including electromechanical protective relays, and digital protective relays are majorly used across various sectors such as Power, and Industrial.

TechNavio’s analysts forecast the Global Protective Relays market will grow at a CAGR of 10.13 percent over the period 2013-2018.

Covered in this Report

The Global Protective Relays market can be divided into two segments: Medium Voltage Protective Relays (1-33 kV) and High Voltage Protective Relays (above 33 kV).

TechNavio’s report, the Global Protective Relays Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and EMEA regions, and the Americas; it also covers the Global Protective Relays market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

  • APAC
  • EMEA
  • Americas

Key Vendors

  • ABB Ltd
  • Alstom SA
  • GE Co.
  • Schneider Electric SA
  • SEL, Inc.

Other Prominent Vendors

  • Littelfuse, Inc.
  • Mitsubishi Electric Corp.
  • NR Electric Co. Ltd
  • Siemens AG

Key Market Driver

  • Increase in Investment in Renewable Energy Sources.
  • For a full, detailed list, view our report.

Key Market Challenge

  • Lack of Product Differentiation.
  • For a full, detailed list, view our report.

Key Market Trend

  • Steady Shift from Electromechanical Relays to Digital Relays.
  • For a full, detailed list, view our report.

Key Questions Answered in this Report

  • What will the market size be in 2018 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?
Filed in: Lightings & Components, Semiconductor & Electronics
Publisher : Infiniti Research Limited