Allied Market Research
Loading...
Cart
0
Allied Market Research

Protection Relay Market: Global Opportunity Analysis and Industry Forecast, 2019–2027

A07613
Pages: NA
Dec 2020 | 46 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Protection Relay Market: Global Opportunity Analysis and Industry Forecast, 2019–2027

Request Now !

Protection relay is a device designed to aid breakage in circuit when a fault is detected. It works on both AC and DC power supply. It reduces the risk of damage in industrial facilities. It also improves reliability, speed, and sensitivity of the transmission network. It protects electric devices from failure caused by voltage fluctuations, overcurrent, or frequency fluctuations as it can cause huge losses to big manufacturing units. It helps to eliminate the risk of life due to electric hazards at any work locations. Therefore, these factors lead to the increase in demand for reliable power systems. Rapidly growing industries and growing use of renewable sources increase the demand for protective relays. 

Market scope and structure analysis:

              Report Metric

                                           Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Voltage, Application, Industry Vertical

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

ABB, TE Connectivity, Basler Electric, General Electric, Siemens AG, Littelfuse Inc., Schneider Electric, Rockwell Automation Inc., Orion Italia S.r.l., NR Electric Co. ltd., Eaton, Toshiba Corporation, Fanox Electronics, Mitsubishi Electric Corporation, and Schweitzer Engineering Laboratories

 

COVID-19 impact:

  • The COVID-19 pandemic has declined economic growth in major economies such as the U.S., India, Germany, China, and Japan. However, China has reported a recovery of the economy post the COVID-19 outbreak.
  • China is the largest manufacturer of raw material. However, due to the pandemic and lockdown in China and across the globe, there are restrictions on the movement of goods that has led to shortage of materials.
  • Price fluctuations, disruption in supply chain, and scarcity of raw material have posed a challenge for the protective relay industry. 

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis 

The need of electricity has increased with the growing population, leading to increase in investments in new power transmission and distribution grids. Therefore, the demand for protective relay is expected to increase. Attributed to increase in advanced technologies, such as smart grid technology for electricity generation and energy management, protective relay has become essential to be installed at those locations to mitigate the risk of failures, thereby increasing the demand for protective relay.  

Countries are moving toward renewable energy as technology has become relatively cheap compared to the last decade. Solar energy and wind energy have massive potential as alternative energy sources. As new solar grids are installed, they need to be integrated with the main power grid, thereby boosting the use of protection relays.  

However, high installation and maintenance costs restraint the market growth. The Asia-Pacific region has the largest protective relay market due to increase in investments in renewable sources of energy and grid infrastructural activities. 

Key segments covered:

          Segments

                             Sub-segments

  Type

  • Electromagnetic Relays
  • Solid State Relays
  • Microprocessor Relays
  • Others

  Voltage

  • Low Voltage
  • Medium Voltage
  • High Voltage

  Application

  • Motor Protection
  • Transformer Protection
  • Transmission Line Protection
  • Feeder Protection
  • Others

  Industry Vertical

  • Chemical & Petrochemical
  • Oil & Gas
  • Energy & Power
  • Food & Beverages
  • Healthcare
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the protective relay market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the protective relay market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the protective relay market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Protection Relay Market: Global Opportunity Analysis and Industry Forecast, 2019–2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts