Global Electronic Motor Protection Relay Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Electronic Motor Protection Relay Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

An electronic motor protection relay is an electronic device used to monitor and protect electric motors. They detect abnormal conditions by monitoring the motor's current, voltage, temperature and other parameters, and take appropriate protective measures when a fault or overload is detected to prevent the motor from being damaged or overloaded. These relays are typically equipped with a variety of sensors, circuits, and controllers that respond quickly and break the circuit to protect the motor. Its functions include but are not limited to overload protection, short circuit protection, phase sequence protection, phase loss protection, etc. Electronic motor protection relays are widely used in industrial, commercial and residential areas to ensure safe operation and long life of electric motors.

According to our (Global Info Research) latest study, the global Electronic Motor Protection Relay market size was valued at US$ 1197 million in 2023 and is forecast to a readjusted size of USD 1690 million by 2030 with a CAGR of 5.0% during review period.

As an important part of the field of motor protection and automation control, the electronic motor protection relay market is closely related to the prosperity of the motor industry, the improvement of industrial automation levels, and the application of new technologies. With the rapid development of the industrial field and the widespread popularity of motor applications, the market size of electronic motor protection relays continues to expand. Especially in traditional fields such as automobiles, home appliances, and industrial control, as well as in emerging fields such as aerospace, new energy, and intelligent manufacturing, the demand for electronic motor protection relays has shown steady growth. In recent years, electronic motor protection relays have also made significant progress in technological innovation. New relay products have higher sensitivity, lower power consumption, smaller size and stronger anti-interference ability. At the same time, with the integration and application of technologies such as the Internet of Things, cloud computing, and big data, electronic motor protection relays have also achieved breakthroughs in aspects such as intelligence, remote monitoring, and fault diagnosis. To sum up, the electronic motor protection relay market has broad development prospects and huge market potential.

This report is a detailed and comprehensive analysis for global Electronic Motor Protection Relay market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Electronic Motor Protection Relay market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Electronic Motor Protection Relay market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Electronic Motor Protection Relay market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Electronic Motor Protection Relay market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Electronic Motor Protection Relay

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Electronic Motor Protection Relay market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schneider Electric, ABB, Siemens, Eaton, Littelfuse, Lovato Electric, Fuji Electric, Mitsubishi Electric, WEG Electric, Finder, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Electronic Motor Protection Relay market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Undervoltage Protector
Overvoltage Protector

Market segment by Application
Manufacturing
Power Industry
Chemical Industry
Other

Major players covered
Schneider Electric
ABB
Siemens
Eaton
Littelfuse
Lovato Electric
Fuji Electric
Mitsubishi Electric
WEG Electric
Finder
Carlo Gavazzi
TE Connectivity
Omron Corporation
Sprecher + Schuh
Phoenix Contact
IMO Precision Controls
Crydom

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electronic Motor Protection Relay product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electronic Motor Protection Relay, with price, sales quantity, revenue, and global market share of Electronic Motor Protection Relay from 2019 to 2024.

Chapter 3, the Electronic Motor Protection Relay competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electronic Motor Protection Relay breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Electronic Motor Protection Relay market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electronic Motor Protection Relay.

Chapter 14 and 15, to describe Electronic Motor Protection Relay sales channel, distributors, customers, research findings and conclusion.