City of Industry, CA -- (SBWIRE) -- 09/24/2018 -- In terms of production side, this report researches the Teleprotection capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Teleprotection by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Teleprotection is equipment in conjunction with communication links provide the best possible means of selectively isolating faults on high voltage transmission lines, transformers, reactors and other important items of electrical plants. To prevent the power system from failure and damage, the teleprotection system enables to selectively disconnect the faulty part by transferring command signals within the shortest possible time.

In this report we just statistics the equipment/devices, teleprotection software and services are not included.

North America is the largest market of Teleprotection, with a consumption market share of 27 % 2015. North America also is the second production region with production market share of 29%.

Europe is the largest production region with production market share over of 41%, and also be an important region in consumption with the consumption market share of 24% in 2015.

The major player in market is GE Energy, Siemens, ABB, Nokia. They together with over 60% market share. They hold the key technologies and patent, with high-end customers. They have formed global market channel of the industry.

The Teleprotection market was valued at 470 Million US$ in 2017 and is projected to reach 1650 Million US$ by 2025, at a CAGR of 17.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Teleprotection.

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This report includes the following manufacturers; we can also add the other companies as you want.

ABB

Siemens

GE Energy

Alcatel Lucent

Alstom

Nokia

Schweitzer Engineering Laboratories

TC Communications

RFL Electronics

Market Segment by Product Type

4 Independent Commands

8 Independent Commands

Other

Market Segment by Application

Electrical Transmission

Communication for Oil & Gas

Communication for Transportation

Other

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