Global Protective Relay Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	179 Pages	TechNavio	October, 2023	INF18285565

Best Price Guarantee
Price	from $2,500
Length	179 Pages
Publisher	TechNavio
Published Date	October, 2023
SKU	INF18285565

Global Protective Relay Market 2024-2028

The protective relay market is forecasted to grow by USD 690.09 mn during 2023-2028, accelerating at a CAGR of 5.07% during the forecast period. The report on the protective relay market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for power, a growing focus on grid modernization, and an increase in the number of residential and commercial building projects.

Technavio's protective relay market is segmented as below:

By Type

Digital and numeric relay
Electromechanical and static relay

By Application

Feeder
Transmission line
Generator
Motor
Others

By Geography

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the growing technological advancements in protective relays as one of the prime reasons driving the protective relay market growth during the next few years. Also, new product development related to protective relays and increasing focus on modification and upgrade services related to protective relays will lead to sizable demand in the market.

The report on the protective relay market covers the following areas:

Protective relay market sizing
Protective relay market forecast
Protective relay market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading protective relay market vendors that include ABB Ltd., ALSTOM SA, Chongqing Blue Jay Technology Co. Ltd., Contrel elettronica S.r.l., Eaton Corp. Plc, ERLPhase Power Technologies Ltd., ETA Elektrotechnische Apparate GmbH, Fanox Electronic SL, General Electric Co., HNAC Technology Co. Ltd., ISKRA elektro in sistemske resitve d.o.o, Larsen and Toubro Ltd., Littelfuse Inc., Mitsubishi Electric Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Solcon IGEL Group, TERASAKI ELECTRIC CO. LTD., and ZIV Automation. Also, the protective relay market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Chart on Market Overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Chart on Global Market Characteristics
  - Table Executive Summary - Chart on Market by Geography
  - Table Executive Summary - Chart on Market Segmentation by Type
  - Table Executive Summary - Chart on Market Segmentation by Application
  - Table Executive Summary - Chart on Incremental Growth
  - Table Executive Summary - Data Table on Incremental Growth
  - Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global protective relay market 2018 - 2022
  - Table Historic Market Size - Data table on global protective relay market 2018 - 2022 ($ million)
- Type Segment Analysis 2018 - 2022
  - Table Historic Market Size - Type Segment 2018 - 2022 ($ million)
- Application Segment Analysis 2018 - 2022
  - Table Historic Market Size - Application Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size - Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants - Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes - Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry - Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2023-2028 (%)
  - Table Data Table on Type - Market share 2023-2028 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Digital and numeric relay - Market size and forecast 2023-2028
  - Table Chart on Digital and numeric relay - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Digital and numeric relay - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Digital and numeric relay - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Digital and numeric relay - Year-over-year growth 2023-2028 (%)
- Electromechanical and static relay - Market size and forecast 2023-2028
  - Table Chart on Electromechanical and static relay - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Electromechanical and static relay - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Electromechanical and static relay - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Electromechanical and static relay - Year-over-year growth 2023-2028 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Market Segmentation by Application
- Market segments
  - Table Chart on Application - Market share 2023-2028 (%)
  - Table Data Table on Application - Market share 2023-2028 (%)
- Comparison by Application
  - Table Chart on Comparison by Application
  - Table Data Table on Comparison by Application
- Feeder - Market size and forecast 2023-2028
  - Table Chart on Feeder - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Feeder - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Feeder - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Feeder - Year-over-year growth 2023-2028 (%)
- Transmission line - Market size and forecast 2023-2028
  - Table Chart on Transmission line - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Transmission line - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Transmission line - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Transmission line - Year-over-year growth 2023-2028 (%)
- Generator - Market size and forecast 2023-2028
  - Table Chart on Generator - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Generator - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Generator - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Generator - Year-over-year growth 2023-2028 (%)
- Motor - Market size and forecast 2023-2028
  - Table Chart on Motor - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Motor - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Motor - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Motor - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by Application
  - Table Market opportunity by Application ($ million)
  - Table Data Table on Market opportunity by Application ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - Year-over-year growth 2023-2028 (%)
- Japan - Market size and forecast 2023-2028
  - Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Japan - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Increasing demand for power
  - Growing focus on grid modernization
  - Increase in number of residential and commercial building projects
- Market challenges
  - Volatile prices of raw materials used for manufacturing protective relays
  - Cybersecurity concerns related to digital protective relays
  - Regulatory hurdles associated with power systems
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Growing technological advancements in protective relays
  - New product development related to protective relays
  - Increasing focus on modification and upgrade services related to protective relays
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- ABB Ltd.
  - Table ABB Ltd. - Overview
  - Table ABB Ltd. - Business segments
  - Table ABB Ltd. - Key offerings
  - Table ABB Ltd. - Segment focus
- ALSTOM SA
  - Table ALSTOM SA - Overview
  - Table ALSTOM SA - Business segments
  - Table ALSTOM SA - Key offerings
  - Table ALSTOM SA - Segment focus
- Chongqing Blue Jay Technology Co. Ltd.
  - Table Chongqing Blue Jay Technology Co. Ltd. - Overview
  - Table Chongqing Blue Jay Technology Co. Ltd. - Product / Service
  - Table Chongqing Blue Jay Technology Co. Ltd. - Key offerings
- Contrel elettronica S.r.l.
  - Table Contrel elettronica S.r.l. - Overview
  - Table Contrel elettronica S.r.l. - Product / Service
  - Table Contrel elettronica S.r.l. - Key offerings
- Eaton Corp. Plc
  - Table Eaton Corp. Plc - Overview
  - Table Eaton Corp. Plc - Business segments
  - Table Eaton Corp. Plc - Key news
  - Table Eaton Corp. Plc - Key offerings
  - Table Eaton Corp. Plc - Segment focus
- Fanox Electronic SL
  - Table Fanox Electronic SL - Overview
  - Table Fanox Electronic SL - Product / Service
  - Table Fanox Electronic SL - Key offerings
- General Electric Co.
  - Table General Electric Co. - Overview
  - Table General Electric Co. - Business segments
  - Table General Electric Co. - Key news
  - Table General Electric Co. - Key offerings
  - Table General Electric Co. - Segment focus
- HNAC Technology Co. Ltd.
  - Table HNAC Technology Co. Ltd. - Overview
  - Table HNAC Technology Co. Ltd. - Product / Service
  - Table HNAC Technology Co. Ltd. - Key offerings
- Larsen and Toubro Ltd.
  - Table Larsen and Toubro Ltd. - Overview
  - Table Larsen and Toubro Ltd. - Business segments
  - Table Larsen and Toubro Ltd. - Key news
  - Table Larsen and Toubro Ltd. - Key offerings
  - Table Larsen and Toubro Ltd. - Segment focus
- Littelfuse Inc.
  - Table Littelfuse Inc. - Overview
  - Table Littelfuse Inc. - Business segments
  - Table Littelfuse Inc. - Key offerings
  - Table Littelfuse Inc. - Segment focus
- Mitsubishi Electric Corp.
  - Table Mitsubishi Electric Corp. - Overview
  - Table Mitsubishi Electric Corp. - Business segments
  - Table Mitsubishi Electric Corp. - Key news
  - Table Mitsubishi Electric Corp. - Key offerings
  - Table Mitsubishi Electric Corp. - Segment focus
- Rockwell Automation Inc.
  - Table Rockwell Automation Inc. - Overview
  - Table Rockwell Automation Inc. - Business segments
  - Table Rockwell Automation Inc. - Key news
  - Table Rockwell Automation Inc. - Key offerings
  - Table Rockwell Automation Inc. - Segment focus
- Schneider Electric SE
  - Table Schneider Electric SE - Overview
  - Table Schneider Electric SE - Business segments
  - Table Schneider Electric SE - Key news
  - Table Schneider Electric SE - Key offerings
  - Table Schneider Electric SE - Segment focus
- Siemens AG
  - Table Siemens AG - Overview
  - Table Siemens AG - Business segments
  - Table Siemens AG - Key news
  - Table Siemens AG - Key offerings
  - Table Siemens AG - Segment focus
- Solcon IGEL Group
  - Table Solcon IGEL Group - Overview
  - Table Solcon IGEL Group - Product / Service
  - Table Solcon IGEL Group - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations