Pune, India -- (SBWIRE) -- 07/17/2017 -- Market Scenario

The Protective relay market is expected to register a CAGR of around 6% during the forecast period. Ongoing Substation Automation projects are expected to induce growth in the Protective Relay market. The growing need of Electric Power in developed as well as developing nations will result in an imminent growth in the Protective relay market.

Market Segments

The Protective Relay Market can be categorized as follows:

On the basis of Voltage as: High, Medium and Low

On the basis of Protection Mechanism as: Feeder, Transmission Line, Motor, Transformer, Generator, and Busbar

On the basis of End User as: Marine, Renewable, Utilities

On the basis of Regions as: North America, South America, Europe, Asia-Pacific, Middle East and Africa

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Study Objective of Protective Relay Market

To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Protective Relay market

To provide insights about factors affecting the market growth

To Analyze the Protective Relay market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, South America, Middle East & Africa

To provide country level analysis of the market with respect to the current market size and future prospective

To provide country level analysis of the market for segment by Type, End–Users, Voltage Range and Regions

To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Protective Relay market

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Key Players:

Some of the key players in the Protective Relay Market are:
- General Electric (U.S.)
- Littelfuse Inc.(U.S.)
- Eaton Corporation Plc (U.S.)
- Beckwith Electric Co. Inc.(Ireland)
- ZIV Inc. (U.S.)
- Schweitzer Engineering Laboratories (U.S.)
- Schneider Electric (France)
- Alstom Group (France)
- NR Electric (China)
- Cooper Industries (Ireland)
- ERL Phase Power Technologies Ltd. (Canada)
- Mitsubishi Electric Corporation (Japan)

Regional Analysis of Protective Relays

The growing transmission & distribution network across the globe, is one of the main reasons which is expected to contribute toward the growth of the Protective Relay Market. Asia-Pacific is currently housing the maximum number of transmission and distribution projects as a result of which it is one of the leading markets in this segment. Europe and North America are other regions which are expected to be highly lucrative for the players in the Protective Relay Market.

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The reports also cover brief analysis of Geographical Region including:
North America
- US
- Canada
- Mexico
South America
- Argentina
- Brazil
- Venezuela
- Rest Of South America
Europe
- Germany
- France
- Italy
- Spain
- U.K
- Netherlands
- Norway
- Rest Of Europe
Asia– Pacific
- China
- India
- Japan
- South Korea
- Australia
- Malaysia
- Rest of Asia-Pacific
Middle East
- UAE
- Saudi
- Qatar
- Kuwait
- Rest Of Middle East
Africa
- South Africa
- Nigeria
- Algeria
- Rest Of Africa