市場調査レポート
商品コード
1370313

保護リレー市場:世界の産業動向、シェア、規模、成長、機会、2023-2028年予測

Protective Relay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

出版日: | 発行: IMARC | ページ情報: 英文 139 Pages | 納期: 2~3営業日

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=152.41円
保護リレー市場:世界の産業動向、シェア、規模、成長、機会、2023-2028年予測
出版日: 2023年10月15日
発行: IMARC
ページ情報: 英文 139 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

概要

市場概要:

世界の保護リレー市場規模は2022年に31億米ドルに達しました。今後、IMARC Groupは、2023年から2028年にかけて3.9%の成長率(CAGR)を示し、2028年には39億米ドルに達すると予測しています。世界の電力需要の増加、電力事業部門における製品採用の広がり、再生可能エネルギー源の人気上昇、送電網のインフラ老朽化などが、市場を牽引する主な要因となっています。

新興国における発電能力の増加が市場成長を促進

中国やインドなどの新興国では、多くの建設計画が進行中または計画中であり、それに伴って信頼性の高い電力供給が求められています。これらの地域では人口が増加しているため、より大きな電気容量が必要となっており、電力系統への保護リレーの設置はこの需要を満たすための重要な要素になると予想されます。その結果、エネルギー需要の増大が発電能力の増加をもたらし、保護リレー需要を煽っています。

本レポートでは、市場構造、主要企業による市場シェア、主要企業のポジショニング、主要成功戦略、競合ダッシュボード、企業評価象限などの競合分析を行っています。また、主要企業の詳細プロファイルも掲載しています。市場構造は中程度に断片化されており、技術革新の増加と製品差別化の低さにより、多数の世界的・地域的プレーヤーが業界で活動しています。保護リレー業界では、資本要件が高く、政府の規制が緩やかであるため、新規参入者の数は少ないです。

保護リレーとは?

保護リレーは電力系統に不可欠なコンポーネントであり、その安定性と安全性を確保するために、故障や異常状態を検知して隔離する役割を果たします。電圧、電流、周波数、電力など、電力系統のパラメータをチェックし、故障やその他の異常状態に気づいたときに適切な予防措置を講じるために製造されます。これは主に、電力系統の異常な状態を認識し、遮断器やヒューズなどの保護装置に信号を送信して系統の問題箇所を隔離するセンサー装置として機能します。電力系統の電気パラメータを継続的に監視し、指定された設定値と比較し、監視値が設定値を超えた場合に保護措置を開始します。さらに、変圧器、発電機、送電線、配電システムなどの電力系統コンポーネントを、欠陥や異常事態によってもたらされる危害から保護するためにも使用されます。保護リレーは、フィーダ回路、バスバー、変圧器の一次巻線および二次巻線、発電機の端子など、電力系統全体に戦略的に配置されています。

COVID-19影響:

保護リレー装置の全体的な生産量が短期的に減少したのは、複数の国で政府の指示に従って実施されたロックダウンが原因です。プレイヤーは、社会的隔離とロックアウト措置の実施後、新たなリスク低減プロセスの実施により、生産能力の削減や一時的な生産停止を余儀なくされました。この伝染病の流行中、製品の移送制限、車両の移動制限、労働力不足などの結果、多数のプレーヤーが損失を被っています。また、コロナウイルスへの懸念が広まったことで、技術革新や研究開発に遅れが生じました。しかし、患者数が減少に転じると同時に、製造活動は大幅に活発化しました。また、事業活動が再開されるやいなや、より安全で、より迅速で、より効率的な製品を生産するために、大手企業はその技術を大幅に向上させました。

保護リレー市場の動向:

電力供給に対する需要の高まりが世界市場を大きく牽引しています。これは、電気システムの安全で信頼性の高い運用を確保するために、電力会社やその他のエンドユーザーで製品の利用が拡大していることが背景にあります。風力発電、太陽光発電、水力発電などの再生可能エネルギー源の人気が高まるにつれて、これらの電源が安定した信頼性の高いグリッド運用を確保するために高度な制御システムを必要とするため、保護リレーに対する需要が急速に高まり、市場にさらなる影響を与えています。これとともに、送電網のインフラの老朽化が、送電網の故障を検出し、故障箇所を切り離すための保護リレーの需要に影響を及ぼしており、市場に好影響をもたらしています。さらに、特に産業や商業の現場において、電気的危険から設備や人員を保護するなど、電気安全に対する意識の高まりが市場を大きく支えています。これとは別に、世界中の政府が送配電システムでの保護リレーの使用を義務付ける規制や標準を導入しており、これが需要にプラスの影響を与えています。さらに、故障を迅速かつ正確に検出し、リアルタイムで対応するための高度なセンサー、通信ネットワーク、データ分析の統合が、市場に明るい展望をもたらしています。市場を牽引するその他の要因としては、継続的な技術進歩やスマートグリッドインフラの急速な拡大などが挙げられます。

本レポートで扱う主な質問

  • 保護継電器の世界市場はこれまでどのように推移してきたか?
  • 世界の保護リレー市場における促進要因、抑制要因、機会は何か?
  • 各駆動要因、抑制要因、機会が世界の保護リレー市場に与える影響は?
  • 主要な地域市場は?
  • 最も魅力的な保護リレー市場を代表する国は?
  • 電圧による市場内訳は?
  • 保護リレー市場で最も魅力的な電圧は?
  • タイプ別の市場内訳は?
  • 保護リレー市場で最も魅力的なタイプは?
  • アプリケーション別の市場内訳は?
  • 保護継電器市場で最も魅力的なアプリケーションは?
  • 最終用途別の市場内訳は?
  • 保護リレー市場で最も魅力的な最終用途は?
  • 世界の保護継電器市場の競争構造は?
  • 保護継電器の世界市場における主要プレイヤー/企業は?

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 保護リレーの世界市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:電圧別

  • 高電圧
    • 市場動向
    • 市場予測
    • 市場動向
    • 市場予測
    • 市場動向
    • 市場予測

第7章 市場内訳:タイプ別

  • 電磁リレー
    • 市場動向
    • 市場予測
  • ソリッドステートリレー
    • 市場動向
    • 市場予測
  • マイクロプロセッサリレー
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第8章 市場内訳:アプリケーション別

  • フィーダー保護
    • 市場動向
    • 市場予測
  • 変圧器保護
    • 市場動向
    • 市場予測
  • モーター保護
    • 市場動向
    • 市場予測
  • 発電機保護
    • 市場動向
    • 市場予測
  • バスバー保護
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳:最終用途別

  • 発電・配電
    • 市場動向
    • 市場予測
  • 産業機器・システム
    • 市場動向
    • 市場予測
  • 鉄道
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第10章 市場内訳:地域別

  • 北米
    • 米国
      • 市場動向
      • 市場予測
    • カナダ
      • 市場動向
      • 市場予測
  • アジア太平洋
    • 中国
      • 市場動向
      • 市場予測
    • 日本
      • 市場動向
      • 市場予測
    • インド
      • 市場動向
      • 市場予測
    • 韓国
      • 市場動向
      • 市場予測
    • オーストラリア
      • 市場動向
      • 市場予測
    • インドネシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 欧州
    • ドイツ
      • 市場動向
      • 市場予測
    • フランス
      • 市場動向
      • 市場予測
    • 英国
      • 市場動向
      • 市場予測
    • イタリア
      • 市場動向
      • 市場予測
    • スペイン
      • 市場動向
      • 市場予測
    • ロシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • ラテンアメリカ
    • ブラジル
      • 市場動向
      • 市場予測
    • メキシコ
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 中東・アフリカ地域
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第11章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第14章 価格指標

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • ABB Ltd.
    • Basler Electric Company
    • Bender GmbH & Co. KG
    • Eaton Corporation
    • Fanox Electronics
    • General Electric
    • Littelfuse Inc.
    • Mitsubishi Electric Corporation
    • NR Electric Co. Ltd.(NARI Technology Development Limited Co.)
    • Schneider Electric
    • Schweitzer Engineering Laboratories Inc.
    • Siemens Aktiengesellschaft
    • Toshiba Corporation
    • Woodward Inc.
図表

List of Figures

  • Figure 1: Global: Protective Relay Market: Major Drivers and Challenges
  • Figure 2: Global: Protective Relay Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Protective Relay Market: Breakup by Voltage (in %), 2022
  • Figure 4: Global: Protective Relay Market: Breakup by Type (in %), 2022
  • Figure 5: Global: Protective Relay Market: Breakup by Application (in %), 2022
  • Figure 6: Global: Protective Relay Market: Breakup by End-Use (in %), 2022
  • Figure 7: Global: Protective Relay Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Protective Relay Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 9: Global: Protective Relay (High) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Protective Relay (High) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Protective Relay (Medium) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Protective Relay (Medium) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Protective Relay (Low) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Protective Relay (Low) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Protective Relay (Electromagnetic Relays) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Protective Relay (Electromagnetic Relays) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Protective Relay (Solid-State Relays) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Protective Relay (Solid-State Relays) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Protective Relay (Microprocessor Relays) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Protective Relay (Microprocessor Relays) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Protective Relay (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Protective Relay (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Protective Relay (Feeder Protection) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Protective Relay (Feeder Protection) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Protective Relay (Transformer Protection) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Protective Relay (Transformer Protection) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Protective Relay (Motors Protection) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Protective Relay (Motors Protection) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Protective Relay (Generators Protection) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Protective Relay (Generators Protection) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Protective Relay (Busbar Protection) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Protective Relay (Busbar Protection) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Protective Relay (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Protective Relay (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Protective Relay (Power Generation and Distribution) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Protective Relay (Power Generation and Distribution) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Protective Relay (Industrial Equipments and Systems) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Protective Relay (Industrial Equipments and Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Global: Protective Relay (Railways) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: Global: Protective Relay (Railways) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Global: Protective Relay (Other End-Uses) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Global: Protective Relay (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: North America: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: North America: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: United States: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: United States: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Canada: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Canada: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Asia Pacific: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Asia Pacific: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: China: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: China: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Japan: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Japan: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: India: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: India: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: South Korea: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: South Korea: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Australia: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Australia: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Indonesia: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Indonesia: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Others: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Others: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Europe: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Europe: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Germany: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Germany: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: France: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: France: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: United Kingdom: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: United Kingdom: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Italy: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Italy: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Spain: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Spain: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Russia: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Russia: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Others: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Others: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Latin America: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Latin America: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Brazil: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Brazil: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Mexico: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Mexico: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Others: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 88: Others: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Middle East and Africa: Protective Relay Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 90: Middle East and Africa: Protective Relay Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 91: Global: Protective Relay Industry: SWOT Analysis
  • Figure 92: Global: Protective Relay Industry: Value Chain Analysis
  • Figure 93: Global: Protective Relay Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Protective Relay Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Protective Relay Market Forecast: Breakup by Voltage (in Million US$), 2023-2028
  • Table 3: Global: Protective Relay Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 4: Global: Protective Relay Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 5: Global: Protective Relay Market Forecast: Breakup by End-Use (in Million US$), 2023-2028
  • Table 6: Global: Protective Relay Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Protective Relay Market: Competitive Structure
  • Table 8: Global: Protective Relay Market: Key Players
目次
Product Code: SR112023A2371

Abstract

Market Overview:

The global protective relay market size reached US$ 3.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028. The rising demand for electricity across the globe, the widespread product adoption across the power utility sector, and rising popularity of renewable energy sources, aging infrastructure of the electrical grid represent some of the key factors driving the market.

The Growing Power Generation Capacity in The Developing Region is Augmenting the Market Growth

Emerging economies, such as China and India have numerous construction initiatives underway or in the pipeline, with a concomitant requirement for a reliable electricity supply. The increasing population in these regions is impelling the need for greater electrical capacity, with the installation of protective relays in power systems expected to be a vital factor in meeting this demand. Consequently, the escalating demand for energy is resulting in an increase in power generation capability, thereby fueling the demand for protective relays.

Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is moderately fragmented with a large number of global and regional players operating in the industry due to increasing innovations and low product differentiation. The volume of new entrants is low in the protective relay industry due to high capital requirements, and moderate government regulations.

What is Protective Relay?

A protective relay is an essential component in electrical power systems, which serves to detect and isolate faults or abnormal conditions in order to ensure its stability and safety. It is produced to maintain a check on the power system's parameters, including voltage, current, frequency, and power, and to take the proper preventive measures when a fault or other abnormal condition is noticed. It functions primarily as a sensor device that recognizes abnormal power system conditions and transmits signals to protective devices, including circuit breakers or fuses, to isolate the problematic area of the system. It continuously monitors the power system's electrical parameters, compares them to specified setpoints, and initiates protective measures when the monitored values exceed the setpoints. Additionally, it is employed to safeguard power system components, such as transformers, generators, transmission lines, and distribution systems from harm brought on by flaws or abnormal circumstances. The protective relays are positioned strategically throughout the power system, including at the feeder circuits, busbars, primary and secondary windings of transformers, and generator terminals.

COVID-19 Impact:

A short-term decrease in the overall production of protective relay devices was caused by the lockdown that was implemented across several nations and in accordance with government directions. Players were forced to reduce capacity or temporarily halt output due to the implementation of new risk-reduction processes after the implementation of social isolation and lockout measures. Numerous players suffered losses during this epidemic as a result of the restrictions on the transfer of products, restrictions on the movement of vehicles, and labor shortages. In addition, the widespread concern over coronavirus has incurred delays in technical innovation and research and development. However, as soon as the number of cases began to decline, there has been a significant rise in manufacturing activities. Moreover, leading players considerably improved their technologies as soon as business activities were resumed in order to produce goods with more safety, speed, and efficiency.

Protective Relay Market Trends:

The escalating demand for power supply majorly drives the global market. This can be supported by the growing product utilization in power utilities and other end-users in order to ensure the safe and reliable operation of electrical systems. With the rising popularity of renewable energy sources, such as wind, solar, and hydropower, the demand for protective relays has rapidly increased as these power sources require sophisticated control systems to ensure stable and reliable grid operation, further impacting the market. Along with this, the aging infrastructure of the electrical grid is influencing the demand for protective relays to detect faults and isolate the faulty sections of the grid, which is impacting the market favorably. In addition, the growing awareness of electrical safety, especially in industrial and commercial settings, such as the protection of their equipment and personnel from electrical hazards, is significantly supporting the market. Apart from this, governments across the globe are implementing regulations and standards requiring the use of protective relays in power transmission and distribution systems, which is positively influencing the demand. Furthermore, the integration of advanced sensors, communication networks, and data analytics to detect faults quickly and accurately and respond in real-time is creating a positive market outlook. Some of the other factors driving the market include continual technological advancements and the rapid expansion of smart grid infrastructure.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global protective relay market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on voltage, type, application and end-use.

Voltage Insights:

High

Medium

Low

The report has provided a detailed breakup and analysis of the protective relay market based on the voltage. This includes high, medium, and low. According to the report, medium voltage represented the largest segment due to the increasing demand for reliable and secure power transmission and distribution systems. Additionally, there is a growing need for advanced protection and control solutions that can prevent equipment damage, minimize downtime, and ensure an uninterrupted power supply. Additionally, the growing adoption of renewable energy sources such as solar and wind power is driving the need for innovative medium voltage protective relay systems that can integrate with these energy sources seamlessly.

Type Insights:

Electromagnetic Relays

Solid-State Relays

Microprocessor Relays

Others

A detailed breakup and analysis of the protective relay market based on the type has also been provided in the report. This includes electromagnetic relays, solid-state relays, microprocessor relays, and others. According to the report, solid-state relays accounted for the largest market share due to their superior performance compared to traditional electromechanical relays, as they have faster response times, higher accuracy, and are more reliable. Additionally, they are more compact and require less maintenance than their electromechanical counterparts, further impacting their demand. Moreover, the increasing focus on energy efficiency and the need for more precise control in industrial processes is rising demand for solid-state relays.

Application Insights:

Feeder Protection

Transformer Protection

Motors Protection

Generators Protection

Busbar Protection

Others

The report has provided a detailed breakup and analysis of the protective relay market based on the application. This includes feeder protection, transformer protection, motors protection, generators protection, busbar protection, and others. According to the report, feeder protection represented the largest segment due to the growing demand for reliable and uninterrupted power supply, especially in critical infrastructure, such as hospitals, data centers, and industrial plants. As a result, utilities and industrial customers are investing in advanced feeder protection systems to prevent power outages and reduce downtime. Additionally, the increasing adoption of renewable energy sources, such as wind and solar, is resulting in a more complex and dynamic power grid, driving the need for advanced protection systems. Moreover, the stringent regulatory requirements and safety standards are also driving the demand for feeder protection applications, as they ensure compliance and mitigate the risk of accidents or equipment damage.

End-Use Insights:

Power Generation and Distribution

Industrial Equipments and Systems

Railways

Others

A detailed breakup and analysis of the protective relay market based on the end-use has also been provided in the report. This includes power generation and distribution, industrial equipments and systems, railways, and others. According to the report, power generation and distribution accounted for the largest market share due to the rising demand for reliable and efficient power supply, particularly in developing countries where the need for electrification is high. Additionally, the increasing emphasis on smart grid technology and the integration of digital systems in power distribution networks are also driving the demand for protective relays with advanced features, such as communication capabilities and remote monitoring.

Regional Insights:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (United States, Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific was the largest market for the protective relay. Some of the factors driving Asia-Pacific protective relay market included rapid urbanization, favorable government regulations and technological advancements, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global protective relay market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered are ABB Ltd., Basler Electric Company, Bender GmbH & Co. KG, Eaton Corporation, Fanox Electronics, General Electric, Littelfuse Inc., Mitsubishi Electric Corporation, NR Electric Co. Ltd. (NARI Technology Development Limited Co.), Schneider Electric, Schweitzer Engineering Laboratories Inc., Siemens Aktiengesellschaft, Toshiba Corporation, Woodward Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

  • How has the global protective relay market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global protective relay market?
  • What is the impact of each driver, restraint, and opportunity on the global protective relay market?
  • What are the key regional markets?
  • Which countries represent the most attractive protective relay market?
  • What is the breakup of the market based on the voltage?
  • Which is the most attractive voltage in the protective relay market?
  • What is the breakup of the market based on the type?
  • Which is the most attractive type in the protective relay market?
  • What is the breakup of the market based on the application?
  • Which is the most attractive application in the protective relay market?
  • What is the breakup of the market based on the end-use?
  • Which is the most attractive end-use in the protective relay market?
  • What is the competitive structure of the global protective relay market?
  • Who are the key players/companies in the global protective relay market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Protective Relay Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Voltage

  • 6.1 High
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Medium
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Low
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Type

  • 7.1 Electromagnetic Relays
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Solid-State Relays
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Microprocessor Relays
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Feeder Protection
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Transformer Protection
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Motors Protection
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Generators Protection
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Busbar Protection
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by End-Use

  • 9.1 Power Generation and Distribution
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Industrial Equipments and Systems
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Railways
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Others
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Indicators

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 ABB Ltd.
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Basler Electric Company
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3 Bender GmbH & Co. KG
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 Eaton Corporation
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
      • 15.3.4.4 SWOT Analysis
    • 15.3.5 Fanox Electronics
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 General Electric
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 Littelfuse Inc.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
    • 15.3.8 Mitsubishi Electric Corporation
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
      • 15.3.8.4 SWOT Analysis
    • 15.3.9 NR Electric Co. Ltd. (NARI Technology Development Limited Co.)
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 Schneider Electric
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
      • 15.3.10.4 SWOT Analysis
    • 15.3.11 Schweitzer Engineering Laboratories Inc.
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 SWOT Analysis
    • 15.3.12 Siemens Aktiengesellschaft
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
      • 15.3.12.4 SWOT Analysis
    • 15.3.13 Toshiba Corporation
      • 15.3.13.1 Company Overview
      • 15.3.13.2 Product Portfolio
      • 15.3.13.3 Financials
      • 15.3.13.4 SWOT Analysis
    • 15.3.14 Woodward Inc.
      • 15.3.14.1 Company Overview
      • 15.3.14.2 Product Portfolio
      • 15.3.14.3 Financials
      • 15.3.14.4 SWOT Analysis