Press release
Protective Relay Market Size & Growth Analysis Report, 2021-2027
The global protection relay market is projected to reach $2.7 billion by 2025 at a projected market size of $2 billion in 2020 with a CAGR of 5% over the forecast period. The protection relay market will witness significant growth by adding renewable capacity, substation automation, and replacing older electromechanical relays with new and advanced microprocessor-based relays.A full report of Protective Relay Market is available at: https://www.orionmarketreports.com/protective-relay-market/20511/
Key Market Players
• ABB Group
• Alstom SA
• Eaton Corporation
• General Electric Company
• Littelfuse, Inc.
• Mitsubishi Electric Corporation
• Schneider Electric
• Schweitzer Engineering Laboratories, Inc.
• Siemens AG
• Woodward, Inc.
Protective Relay Market –Segmentation
By Voltage:
• Low
• Medium
• High
By End-User:
• Utilities
• Industrial
• Railways
• Others (airports, hospitals, commercial complexes and data centers)
By Technology:
• Electromechanical & Static Relay
• Digital & Numerical Relay
By Application:
• Transmission line
• Busbar
• Transformer
• Feeder
• Generator
• Motor
• Others (Capacitor banks & filterbanks Protection, Breaker Protection, & Interconnection Protection)
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Protective Relay Market Report
• What was the Protective Relay Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Protective Relay Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Protective Relay Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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