Protective Relay Market by Voltage Range (High, Medium and Low), by Application (Feeder Protection, Transformer Protection, Generator Protection, Transmission Line Protection and Motor Protection), by End-user (Utilities, Industries, Marine and Renewable End Users): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024

Global protective relay market expected to reach USD 5.58 billion by 2024, growing at a CAGR of around 6.3% between 2018 and 2024. A protective relay is an integral part of the circuit protection system and it enables safe operation in an electrical circuit.

22-Aug-2018 | Number of pages: 136 | Report Code: ZMR-3290 | Report Format : | Status : Published


The report analyzes and forecasts the protective relay market on a global and regional level. The study offers past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought about the drivers and restraints for the protective relay market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the protective relay market on a global level.

The report gives a transparent view of the protective relay market. We have included a detailed competitive scenario and portfolio of leading vendors operative in protective relay market. To understand the competitive landscape in the protective relay market, an analysis of Porter’s Five Forces model for the protective relay market has also been included. The study encompasses a market attractiveness analysis, wherein voltage range, application, end user, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Protective Relay Market

The study provides a crucial view of the protective relay by segmenting the market based on voltage range, application, end-user, and region. All the voltage range, application, end-user segments of the protective relay market have been analyzed based on present and the future trends and the market is estimated from 2018 to 2024. Key voltage range segments covered under this study includes high voltage protective relay, medium voltage protective relay, and low voltage protective relay. Feeder protection, transmission line protection, motor protection, transformer protection, and generator protection are the application segment for protective relay market. Key end-user segments market covered under this study includes utilities, industries, marine, and renewable. The regional segmentation comprises the current and forecasts demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa for protective relays market with its classification into the U.S., France, Germany, U.K., China, Japan, India, and Brazil.

The competitive profiling of key players of protective relay market includes company and financial overview, business strategies adopted by them, their recent developments and product offered by them which can help in assessing competition in the market. Key players included in the report are Schweitzer Engineering Laboratories, Inc., Basler Electric, Siemens AG, NR Electric Co. Ltd., Eaton Corporation, ABB Ltd., General Electric, Mitsubishi Electric Corporation, Schneider Electric SA, Toshiba Corporation, Fanox Electronics, and Littelfuse Inc., amongst others.

This report segments the global protective relay market as follows:

Global Protective Relay Market: Voltage Type Segment Analysis

  • High Voltage Protective Relays
  • Medium Voltage Protective Relays
  • Low Voltage Protective Relays

Global Protective Relay Market: Application Segment Analysis

  • Feeder Protection 
  • Transmission Line Protection 
  • Motor Protection 
  • Transformer Protection 
  • Generator Protection

Global Protective Relay Market: End User Segment Analysis

  • Utilities
  • Industries
  • Marine
  • Renewable

Global Protective Relay Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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