Recent Research Report and Forecast On "Global Teleprotection Market 2017-2021"

Albany, NY -- (SBWire) -- 06/13/2017 --Teleprotection provides a secure and balanced supply of electricity to ensure efficiency and stability of systems. Teleprotection protects systems from damage and failure by disconnecting them from transformers, reactors, or high-voltage lines if a faulty connection is detected. Systems rely on a symmetric telecom network for providing a communication channel between devices. With the help of these channels, the time delay between the teleprotection units is measured, which is further required to make observations to identify faults. Teleprotection systems are adopted by some major end-user industries such as telecommunication and power. Other end-user industries of teleprotection systems that are gaining popularity are transportation, IT, and aerospace and defense.

The global teleprotection market to grow at a CAGR of 19.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global teleprotection market for 2017-2021. To calculate the market size, the report considers the demand for teleprotection from various end-users..

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Teleprotection Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
Siemens
Schneider Electric
GE
Other prominent vendors
Alcatel-Lucent
Alstom
AltaLink
Cisco
Valiant Communications
Market driver
Growth in demand for power generation
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Market challenge
Unpredictable oil prices
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Market trend
Increasing demand from the aerospace and defense industry

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Key questions answered in this report
What will the market size be in 2021 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?

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