Press release
Global Teleprotection Market was 470 million US$ in 2018 and will reach 1650 million US$ by the end of 2025 and is Expected to Grow at a CAGR of 17.1% Between 2019-2025 By Valuates Reports
Teleprotection market was valued at 470 Million US$ in 2018 and is projected to reach 1650 Million US$ by 2025, at a CAGR of 17.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Teleprotection.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.
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Key Trends
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.
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The study objectives are:
To analyze and research the global Teleprotection status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Teleprotection manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Teleprotection Breakdown Data by Type
4 Independent Commands
8 Independent Commands
Other
Teleprotection Breakdown Data by Application
Electrical Transmission
Communication for Oil & Gas
Communication for Transportation
Other
FEATURED COMPANIES
ABB Ltd
Siemens AG
GE Energy
Alcatel Lucent
Alstom
Nokia
Schweitzer Engineering Laboratories
TC Communications
Teleprotection Production by Region
United States
Europe
China
Japan
Other Regions
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