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保護リレーの世界市場の評価：電圧別、技術別、用途別、最終用途別、地域別、機会、予測（2018年～2032年）

Protective Relay Market Assessment, By Voltage, By Technology, By Application, By End-use, By Region, Opportunities and Forecast, 2018-2032F

出版日
ページ情報
英文 224 Pages
納期
3～5営業日
カスタマイズ可能
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=146.99円
保護リレーの世界市場の評価：電圧別、技術別、用途別、最終用途別、地域別、機会、予測（2018年～2032年）
出版日: 2024年12月11日
発行: Market Xcel - Markets and Data
ページ情報: 英文 224 Pages
納期: 3～5営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の保護リレーの市場規模は、2024年の31億4,000万米ドルから2032年に47億9,000万米ドルに達すると予測され、2025年～2032年の予測期間にCAGRで5.42%の成長が見込まれます。

保護リレーは、インフラ開発と再生可能エネルギーの統合が進むにつれて需要が高まっています。技術の進歩と、産業と拡大する鉄道網周辺の安全性への懸念。近未来的な技術革新は、先進の通信技術の組み込みで構成されます。リレー、インテリジェントデバイス、制御センター間のシームレスな通信を可能にするデジタルプラットフォームへの移行が、市場の将来の力学を形成すると見られます。革新的なアイデアに加わったもう1つの新技術は、リレー保護セットアップにおける先進のアルゴリズムと機械学習技術の活用です。これらのアルゴリズムは膨大な量のデータをリアルタイムで処理し、故障を正確に分類しながら効果的な検出を可能にします。

現在のリレー保護市場では、保護システムと制御システムを強化する取り組みが非常に重要です。それは、新技術の進歩を可能にし、安全性と信頼性を向上させ、規制基準を維持し、運用の有効性と市場の需要を高めることを通じたものです。従来の電力システムから統合型スマートグリッドへの移行に伴い、電力制御の要求の変化に対応する先進の保護デバイスの必要性が広まっています。

例えば、ABB Ltd.は2023年2月、保護システムと制御システムを近代化するための、新しいリレーレトロフィットプログラムを開始しました。このプログラムは、一部のSPACOM保護リレーを最新の保護・制御技術であるREX610に置き換えるものです。REX610オールインワン保護リレーは、変化する電力網の需要に適応するように作られているため、汎用性が高く、持続可能で将来性のあるオプションです。スイッチギヤの寿命が延び、リレーのライフサイクルサービスが完備され、進化するニーズを満たすために電力保護システムを変更でき、顧客は恩恵を受けることができます。

当レポートでは、世界の保護リレー市場について調査分析し、市場規模と予測、市場力学、主要企業の情勢などを提供しています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

  • 製品と市場情報
  • ブランド認知の方式
  • 購入決定において考慮される要素
    • 感度
    • 動作速度
    • 信頼性
    • 建設、設置
  • プライバシーと規制の考慮

第5章 世界の保護リレー市場の見通し（2018年～2032年）

  • 市場規模の分析と予測
    • 金額
    • 数量
  • 市場シェアの分析と予測
    • 電圧別
    • 技術別
    • 用途別
    • 最終用途別
    • 地域別
    • 市場シェア分析：企業別（金額）（上位5社とその他 - 2024年）
  • 市場マップ分析（2024年）
    • 電圧別
    • 技術別
    • 用途別
    • 最終用途
    • 地域別

第6章 北米の保護リレー市場の見通し（2018年～2032年）

  • 市場規模の分析と予測
    • 金額
    • 数量
  • 市場シェアの分析と予測
    • 電圧別
    • 技術別
    • 用途別
    • 最終用途別
    • シェア：国別
  • 各国の市場の評価
    • 米国の保護リレー市場の見通し（2018年～2032年）
    • カナダ
    • メキシコ

第7章 欧州の保護リレー市場の見通し（2018年～2032年）

  • ドイツ
  • フランス
  • イタリア
  • 英国
  • ロシア
  • オランダ
  • スペイン
  • トルコ
  • ポーランド

第8章 アジア太平洋の保護リレー市場の見通し（2018年～2032年）

  • インド
  • 中国
  • 日本
  • オーストラリア
  • ベトナム
  • 韓国
  • インドネシア
  • フィリピン

第9章 南米の保護リレー市場の見通し（2018年～2032年）

  • ブラジル
  • アルゼンチン

第10章 中東・アフリカの保護リレー市場の見通し（2018年～2032年）

  • サウジアラビア
  • アラブ首長国連邦
  • 南アフリカ

第11章 需給分析

第12章 輸入と輸出の分析

第13章 バリューチェーン分析

第14章 ポーターのファイブフォース分析

第15章 PESTLE分析

第16章 価格分析

第17章 市場力学

  • 市場促進要因
  • 市場の課題

第18章 市場の動向と発展

第19章 ケーススタディ

第20章 競合情勢

  • マーケットリーダー上位5社の競合マトリクス
  • 上位5社のSWOT分析
  • 主要企業上位10社の情勢
    • Siemens AG
    • ABB Ltd.
    • Schnieder Electric SE
    • Eaton Corporation
    • Littlefuse Inc.
    • FANOX ELECTRONIC, S.L.
    • Mitsubishi Electric Corporation
    • Hitachi Energy Ltd.
    • Rockwell Automation
    • Larsen & Toubro Limited
    • Beckwith Electric (Hubbell Incorporated)

第21章 戦略的推奨

第22章 当社について、免責事項

図表

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. Global Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 2. Global Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 3. Global Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 4. Global Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 5. Global Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 6. Global Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 7. Global Protective Relay Market Share (%), By Region, 2018-2032F
  • Figure 8. North America Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 9. North America Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 10. North America Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 11. North America Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 12. North America Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 13. North America Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 14. North America Protective Relay Market Share (%), By Country, 2018-2032F
  • Figure 15. United States Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 16. United States Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 17. United States Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 18. United States Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 19. United States Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 20. United States Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 21. Canada Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 22. Canada Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 23. Canada Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 24. Canada Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 25. Canada Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 26. Canada Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 27. Mexico Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 28. Mexico Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 29. Mexico Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 30. Mexico Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 31. Mexico Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 32. Mexico Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 33. Europe Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 34. Europe Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 35. Europe Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 36. Europe Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 37. Europe Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 38. Europe Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 39. Europe Protective Relay Market Share (%), By Country, 2018-2032F
  • Figure 40. Germany Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 41. Germany Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 42. Germany Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 43. Germany Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 44. Germany Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 45. Germany Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 46. France Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 47. France Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 48. France Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 49. France Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 50. France Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 51. France Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 52. Italy Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 53. Italy Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 54. Italy Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 55. Italy Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 56. Italy Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 57. Italy Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 58. United Kingdom Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 59. United Kingdom Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 60. United Kingdom Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 61. United Kingdom Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 62. United Kingdom Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 63. United Kingdom Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 64. Russia Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 65. Russia Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 66. Russia Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 67. Russia Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 68. Russia Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 69. Russia Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 70. Netherlands Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 71. Netherlands Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 72. Netherlands Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 73. Netherlands Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 74. Netherlands Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 75. Netherlands Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 76. Spain Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 77. Spain Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 78. Spain Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 79. Spain Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 80. Spain Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 81. Spain Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 82. Turkey Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 83. Turkey Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 84. Turkey Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 85. Turkey Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 86. Turkey Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 87. Turkey Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 88. Poland Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 89. Poland Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 90. Poland Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 91. Poland Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 92. Poland Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 93. Poland Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 94. South America Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 95. South America Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 96. South America Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 97. South America Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 98. South America Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 99. South America Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 100. South America Protective Relay Market Share (%), By Country, 2018-2032F
  • Figure 101. Brazil Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 102. Brazil Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 103. Brazil Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 104. Brazil Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 105. Brazil Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 106. Brazil Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 107. Argentina Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 108. Argentina Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 109. Argentina Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 110. Argentina Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 111. Argentina Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 112. Argentina Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 113. Asia-Pacific Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 114. Asia-Pacific Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 115. Asia-Pacific Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 116. Asia-Pacific Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 117. Asia-Pacific Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 118. Asia-Pacific Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 119. Asia-Pacific Protective Relay Market Share (%), By Country, 2018-2032F
  • Figure 120. India Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 121. India Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 122. India Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 123. India Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 124. India Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 125. India Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 126. China Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 127. China Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 128. China Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 129. China Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 130. China Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 131. China Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 132. Japan Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 133. Japan Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 134. Japan Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 135. Japan Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 136. Japan Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 137. Japan Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 138. Australia Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 139. Australia Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 140. Australia Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 141. Australia Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 142. Australia Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 143. Australia Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 144. Vietnam Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 145. Vietnam Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 146. Vietnam Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 147. Vietnam Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 148. Vietnam Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 149. Vietnam Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 150. South Korea Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 151. South Korea Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 152. South Korea Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 153. South Korea Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 154. South Korea Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 155. South Korea Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 156. Indonesia Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 157. Indonesia Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 158. Indonesia Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 159. Indonesia Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 160. Indonesia Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 161. Indonesia Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 162. Philippines Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 163. Philippines Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 164. Philippines Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 165. Philippines Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 166. Philippines Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 167. Philippines Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 168. Middle East & Africa Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 169. Middle East & Africa Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 170. Middle East & Africa Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 171. Middle East & Africa Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 172. Middle East & Africa Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 173. Middle East & Africa Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 174. Middle East & Africa Protective Relay Market Share (%), By Country, 2018-2032F
  • Figure 175. Saudi Arabia Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 176. Saudi Arabia Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 177. Saudi Arabia Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 178. Saudi Arabia Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 179. Saudi Arabia Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 180. Saudi Arabia Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 181. UAE Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 182. UAE Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 183. UAE Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 184. UAE Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 185. UAE Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 186. UAE Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 187. South Africa Protective Relay Market, By Value, In USD Billion, 2018-2032F
  • Figure 188. South Africa Protective Relay Market, By Volume, In Units, 2018-2032F
  • Figure 189. South Africa Protective Relay Market Share (%), By Voltage, 2018-2032F
  • Figure 190. South Africa Protective Relay Market Share (%), By Technology, 2018-2032F
  • Figure 191. South Africa Protective Relay Market Share (%), By Application, 2018-2032F
  • Figure 192. South Africa Protective Relay Market Share (%), By End-use, 2018-2032F
  • Figure 193. By Voltage Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 194. By Technology Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 195. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 196. By End-use Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 197. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2024
目次
Product Code: MX12391

Global protective relay market is projected to witness a CAGR of 5.42% during the forecast period 2025-2032, growing from USD 3.14 billion in 2024 to USD 4.79 billion in 2032.

Protective relays are in high demand with the rising infrastructure development and integration of renewable energy. Technological advancements and safety concerns around industrial and expanding railway networks. Futuristic innovations comprise the incorporation of advanced communication technologies. The transition towards digital platforms, allowing seamless communication between relays, intelligent devices, and control centers, will likely shape the market's future dynamics. Another latest addition to the innovative ideas is the utilization of advanced algorithms and machine learning techniques in relay protection setups. These algorithms process vast amounts of data in real time, allowing effective detection while classifying faults accurately.

Enhancement initiatives for protection and control systems are of great importance in the present relay protection market. It is through enabling the advancement of new technologies, improving safety and dependability, maintaining regulatory standards, and increasing operational efficacy and market demand. With the shift from conventional power systems to integrated smart grids, the need for advanced protective devices to keep pace with the changing demands of power control is prevalent.

For instance, in February 2023, ABB Ltd. launched a new relay retrofit program to modernize protection and control systems. The program is to replace select SPACOM protection relays with the latest protection and control technology, REX610. The REX610 all-in-one protection relay is a versatile, sustainable, and future-proof option since it is made to adjust to the demands of changing power grids. Customers will benefit from longer switchgear lifespans, complete relay life cycle services, and the capacity to modify the power protection system to satisfy evolving needs.

Digitalization and Adaptive Protection to Shape Market Growth Dynamics

The transition towards digital relay protection systems is already underway and will continue to accelerate in the future. Digital relays offer numerous advantages, including enhanced accuracy, faster fault detection, flexible communication options, and improved monitoring capabilities. Additionally, digital relays facilitate integration with supervisory control and data acquisition (SCADA) systems, enabling real-time data exchange and advanced fault analysis.

The future is likely to witness the integration of artificial intelligence (AI) and machine learning (ML) techniques into relay protection systems. AI-based algorithms can analyze vast amounts of data collected from the power network, enabling intelligent tripping decisions based on the system's dynamic conditions. These intelligent and adaptive protection schemes will enhance system stability, minimize tripping during transient events, and improve the overall reliability of power networks. Furthermore, the expanding number of distribution networks is resulting in a rise in demand for protective relays owing to the need for sophisticated fault detection and management systems. With the growth of grids realizing the incorporation of renewable energy sources, protective relays play a key role in supporting the stability of the systems in operation, the proper delivery of electrical energy, and the protection of all the facilities from overloads and short circuits.

For instance, in December 2022, Siemens AG delivered new protection relays for distribution grids. With the release of the 7SR46, Siemens is growing its line of Reyrolle protection devices. The Reyrolle 7SR46 is primarily used to provide overcurrent and ground fault protection in medium voltage distribution transformer stations, complementing a wide range of protection relays for distribution and industrial grids.

Infrastructure Modernization and Widened Railway Network to Fuel the Market Growth

Outdated electric power systems are present in many areas, and upgrades are necessary to preserve reliability and safety. Modernizing protection systems is vital to improving grid reliability and operation efficiency. Smart grid development is a multifaceted process; transitioning towards smart grids entails the deployment of various technologies that enhance communication and data control within a power system. Smart protective relays are necessary for controlling power flows and the integrity of the entire system.

More wind and solar-powered power plants are being built to improve energy efficiency. However, their use raises power supply variability, which can cause an imbalance in "ordained" electrical grids. To increase efficiency and lower emissions, electrification is becoming increasingly popular as railway networks grow. The electrification calls for sophisticated protective relays to control and protect the electrical systems that fuel the power to trains and related infrastructure.

For instance, in January 2024, ComatReleco AG launched a new overcurrent protection relay named MRS13R for railway applications. The new MRS13R offers a versatile and efficient defense against short-circuit hits and excessive currents. When overcurrent situations arise, the relay guarantees prompt and dependable activation. With its lightning-fast reaction to overcurrent situations, the MRS13R completely satisfies the needs and expectations of our railway industry clients.

Advanced Functionality and Smart Grid Compatibility to Fuel Digital and Numerical Relay Segment

Based on technology, digital and numerical relays segments are likely to lead in the market. Digital and numerical relays integrate multiple protection functions into a single unit, enhancing their utility in various applications. They can perform tasks such as metering, monitoring, and fault analysis, which traditional electromechanical relays cannot offer. These relays utilize microprocessor technology to measure voltage, current, and power quality accurately. This precision enhances fault detection capabilities, allowing for quicker and more reliable responses to electrical faults.

Digital and numerical relays are designed to work seamlessly with smart grid technologies. They support communication protocols like IEC 61850, enabling real-time data exchange and remote monitoring, which are essential for modern grid management. These relays offer advanced diagnostic features allowing self-testing and real-time system health monitoring. This capability helps in predictive maintenance, reducing downtime and operational costs. Hence, many key player companies are investing in digital platforms to replace the older protective relays.

For instance, in June 2024, Schneider Electric launched the latest device in its PowerLogic range of products, the PowerLogic P7 digital power and control platform. The company stated that the PowerLogic P7 is available to the South African and Anglophone Africa region and will replace the company's legacy protection relays.

Asia-Pacific Accelerates with Higher CAGR in the Protective Relay Market

Based on the region, Asia-Pacific is expected to hold the major share of the global market. Expanding railway networks and focusing on higher protection across end users are anticipated to gain traction for the regional market. Countries like China and India are experiencing significant industrial growth, leading to increased electricity consumption. This necessitates the deployment of protective relays to ensure the reliability and safety of electrical systems in industrial facilities.

Significant government investments in upgrading and expanding electrical grids enhance the demand for protective relays to safeguard new installations. The region is investing heavily in renewable energy sources, such as solar and wind, to meet energy demands sustainably. Protective relays are essential for integrating these variable energy sources into existing grids.

In August 2024, Hitachi Energy Ltd. introduced the Relion REF650, a versatile protection and control relay tailored for medium-voltage power distribution networks. Its improved adaptability, modular design, enhanced security, and innovative, user-friendly interface position the REF650 as uniquely fit for the changing power quality needs in both utility and industrial sectors.

Future Market Scenario (2025-2032F)

The increasing adoption of smart grid technologies will likely drive demand for advanced protective relays with enhanced communication and monitoring capabilities.

Digital and numerical relays are expected to dominate the market due to their multi-functionality, improved accuracy, and integration with IoT for predictive maintenance.

The growth in renewable energy infrastructure is projected to necessitate sophisticated protective relays to manage these energy sources' variability and integration challenges.

Ongoing investments in upgrading electrical grids and infrastructure are anticipated to create significant opportunities for protective relay manufacturers.

Key Players Landscape and Outlook

The protective relay market is characterized by a competitive landscape with numerous key players striving to enhance their market presence through innovation and strategic initiatives. These companies focus on developing advanced protective relay technologies, such as digital and numerical relays, to meet the growing demands for reliability and efficiency in electrical systems. Strategic partnerships, mergers, and acquisitions are common as firms aim to expand their product portfolios and geographical reach. Additionally, significant investments in research and development are directed toward integrating smart technologies and IoT capabilities into protective relays, aligning with the industry's shift toward smart grid implementations. As the market evolves, these strategies are crucial for capturing emerging opportunities in various sectors, including utilities, industrial applications, and renewable energy integration.

For instance, in May 2023, ABB Ltd. unveiled the launch of enhanced features for the comprehensive protection and control relay REX610. Introduced in 2022, REX610 represents the newest member of ABB's Relion line of products. Featuring cutting-edge ease of use, REX610 stands as a straightforward, ready-to-use device with integrated components that enable access to all its features.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

  • 4.1. Product and Market Intelligence
  • 4.2. Mode of Brand Awareness
  • 4.3. Factors Considered in Purchase Decisions
    • 4.3.1. Sensitivity
    • 4.3.2. Speed of Operation
    • 4.3.3. Reliability
    • 4.3.4. Construction and Installation
  • 4.4. Consideration of Privacy and Regulations

5. Global Protective Relay Market Outlook, 2018-2032F

  • 5.1. Market Size Analysis & Forecast
    • 5.1.1. By Value
    • 5.1.2. By Volume
  • 5.2. Market Share Analysis & Forecast
    • 5.2.1. By Voltage
      • 5.2.1.1. Low
      • 5.2.1.2. Medium
      • 5.2.1.3. High
      • 5.2.1.4. Very High
    • 5.2.2. By Technology
      • 5.2.2.1. Electromechanical and Static Relay
      • 5.2.2.2. Digital and Numerical Relays
    • 5.2.3. By Application
      • 5.2.3.1. Overcurrent Protection
      • 5.2.3.2. Distance Protection
      • 5.2.3.3. Differential Protection
      • 5.2.3.4. Carrier-Current Protection
      • 5.2.3.5. Motor Protection
      • 5.2.3.6. Frequency Protection
      • 5.2.3.7. Others
    • 5.2.4. By End-use
      • 5.2.4.1. Utilities
      • 5.2.4.2. Industrial
      • 5.2.4.3. Railway
      • 5.2.4.4. Others
    • 5.2.5. By Region
      • 5.2.5.1. North America
      • 5.2.5.2. Europe
      • 5.2.5.3. Asia-Pacific
      • 5.2.5.4. South America
      • 5.2.5.5. Middle East and Africa
    • 5.2.6. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
  • 5.3. Market Map Analysis, 2024
    • 5.3.1. By Voltage
    • 5.3.2. By Technology
    • 5.3.3. By Application
    • 5.3.4. End-use
    • 5.3.5. By Region

6. North America Protective Relay Market Outlook, 2018-2032F*

  • 6.1. Market Size Analysis & Forecast
    • 6.1.1. By Value
    • 6.1.2. By Volume
  • 6.2. Market Share Analysis & Forecast
    • 6.2.1. By Voltage
      • 6.2.1.1. Low
      • 6.2.1.2. Medium
      • 6.2.1.3. High
      • 6.2.1.4. Very High
    • 6.2.2. By Technology
      • 6.2.2.1. Electromechanical and Static Relay
      • 6.2.2.2. Digital and Numerical Relays
    • 6.2.3. By Application
      • 6.2.3.1. Overcurrent Protection
      • 6.2.3.2. Distance Protection
      • 6.2.3.3. Differential Protection
      • 6.2.3.4. Carrier-Current Protection
      • 6.2.3.5. Motor Protection
      • 6.2.3.6. Frequency Protection
      • 6.2.3.7. Others
    • 6.2.4. By End-use
      • 6.2.4.1. Utilities
      • 6.2.4.2. Industrial
      • 6.2.4.3. Railway
      • 6.2.4.4. Others
    • 6.2.5. By Country Share
      • 6.2.5.1. United States
      • 6.2.5.2. Canada
      • 6.2.5.3. Mexico
  • 6.3. Country Market Assessment
    • 6.3.1. United States Protective Relay Market Outlook, 2018-2032F*
      • 6.3.1.1. Market Size Analysis & Forecast
        • 6.3.1.1.1. By Value
        • 6.3.1.1.2. By Volume
      • 6.3.1.2. Market Share Analysis & Forecast
        • 6.3.1.2.1. By Voltage
          • 6.3.1.2.1.1. Low
          • 6.3.1.2.1.2. Medium
          • 6.3.1.2.1.3. High
          • 6.3.1.2.1.4. Very High
        • 6.3.1.2.2. By Technology
          • 6.3.1.2.2.1. Electromechanical and Static Relay
          • 6.3.1.2.2.2. Digital and Numerical Relays
        • 6.3.1.2.3. By Application
          • 6.3.1.2.3.1. Overcurrent Protection
          • 6.3.1.2.3.2. Distance Protection
          • 6.3.1.2.3.3. Differential Protection
          • 6.3.1.2.3.4. Carrier-Current Protection
          • 6.3.1.2.3.5. Motor Protection
          • 6.3.1.2.3.6. Frequency Protection
          • 6.3.1.2.3.7. Others
        • 6.3.1.2.4. By End-use
          • 6.3.1.2.4.1. Utilities
          • 6.3.1.2.4.2. Industrial
          • 6.3.1.2.4.3. Railway
          • 6.3.1.2.4.4. Others
    • 6.3.2. Canada
    • 6.3.3. Mexico

All segments will be provided for all regions and countries covered

7. Europe Protective Relay Market Outlook, 2018-2032F

  • 7.1. Germany
  • 7.2. France
  • 7.3. Italy
  • 7.4. United Kingdom
  • 7.5. Russia
  • 7.6. Netherlands
  • 7.7. Spain
  • 7.8. Turkey
  • 7.9. Poland

8. Asia-Pacific Protective Relay Market Outlook, 2018-2032F

  • 8.1. India
  • 8.2. China
  • 8.3. Japan
  • 8.4. Australia
  • 8.5. Vietnam
  • 8.6. South Korea
  • 8.7. Indonesia
  • 8.8. Philippines

9. South America Protective Relay Market Outlook, 2018-2032F

  • 9.1. Brazil
  • 9.2. Argentina

10. Middle East and Africa Protective Relay Market Outlook, 2018-2032F

  • 10.1. Saudi Arabia
  • 10.2. UAE
  • 10.3. South Africa

11. Demand Supply Analysis

12. Import and Export Analysis

13. Value Chain Analysis

14. Porter's Five Forces Analysis

15. PESTLE Analysis

16. Pricing Analysis

17. Market Dynamics

  • 17.1. Market Drivers
  • 17.2. Market Challenges

18. Market Trends and Developments

19. Case Studies

20. Competitive Landscape

  • 20.1. Competition Matrix of Top 5 Market Leaders
  • 20.2. SWOT Analysis for Top 5 Players
  • 20.3. Key Players Landscape for Top 10 Market Players
    • 20.3.1. Siemens AG
      • 20.3.1.1. Company Details
      • 20.3.1.2. Key Management Personnel
      • 20.3.1.3. Products and Services
      • 20.3.1.4. Financials (As Reported)
      • 20.3.1.5. Key Market Focus and Geographical Presence
      • 20.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
    • 20.3.2. ABB Ltd.
    • 20.3.3. Schnieder Electric SE
    • 20.3.4. Eaton Corporation
    • 20.3.5. Littlefuse Inc.
    • 20.3.6. FANOX ELECTRONIC, S.L.
    • 20.3.7. Mitsubishi Electric Corporation
    • 20.3.8. Hitachi Energy Ltd.
    • 20.3.9. Rockwell Automation
    • 20.3.10. Larsen & Toubro Limited
    • 20.3.11. Beckwith Electric (Hubbell Incorporated)

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

21. Strategic Recommendations

22. About Us and Disclaimer