Press release
Distribution Feeder Protection System Market is expected to grow over the CAGR 6% by 2023
Market HighlightsDistribution Feeder Protection System Market is expected to grow over the CAGR of around 6% during the period 2017 to 2023
The main function of distribution feeder protection system is to safeguard the distribution system from directional overcurrent, non-directional overcurrent, time overcurrent and breaker failure element. The distribution feeder protection system reduces equipment damage & power interruptions, and improves power quality & system safety. Distribution feeder protection systems find their wide range of applications in power plants, industrial plants and conventional electric utility companies. The growing demand for electricity and the unstable electricity supply situation in most developing countries will aid in the growth of the distribution feeder protection system market over the forecast period.
Distribution feeder protection systems are classified based on their voltage rating as medium voltage and low voltage. The medium voltage distribution feeder protection systems are widely used in any facility or plant that demands a large amount of power and utilizes medium voltage electricity. Low voltage distribution feeder protection systems are widely used in domestic & light industrial applications, power control centres and commercial consumer end transformers.
Medium voltage distribution feeder protection system market is expected to grow at the highest rate.
The medium voltage distribution feeder protection systems are expected to hold a larger market size as compared to low voltage distribution feeder protection systems. This is due to the growing number of data centers, centralized chilling facilities, power substations and high-rise infrastructure where the medium voltage distribution feeder protection system has a wide application to safeguard distribution system from overloading and power failure issues. Also, the growing network extension activities of medium voltage transmission and distribution is expected to drive the growth of the global medium voltage distribution feeder protection system market.
Key Players:
The key players of global distribution feeder protection system market are
• ABB Group (Switzerland),
• Siemens Ltd. (Germany),
• General Electric Company (USA),
• Crompton Greaves Ltd. (India),
• Toshiba Corporation (Japan),
• Basler Electric Company. (USA),
• Mitsubishi Electric Corporation (Japan),
• Schweitzer Engineering Laboratories, Inc. (USA),
• Littelfuse, Inc. (USA),
• Schneider Electric SA (France),
• Fanox Electronic, S.L. (Spain)
• Eaton Co. Plc. (Ireland)
• others.
Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/3678
Market Research Analysis
Asia-Pacific region is expected to grow at the fastest rate
The Asia-Pacific region is currently leading market for distribution feeder protection systems and is expected to continue to lead in the forecast period. The rapid industrial development and urbanization in countries such as China and India where there are issues with continuous electricity supply, growing distribution networks, growing data centres & power generation plants and up-gradation in transmission & distribution grids (both grounded & undergrounded) are expected to drive the market for distribution feeder protection system here.
Scope of the Report
This study provides an overview of the global distribution feeder protection system, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global distribution feeder protection system by its voltage rating, by end user and by regions.
By Voltage Rating
• Medium Voltage
• Low Voltage
By End User
• Transmission & Distribution Utility
• Manufacturing & Processing Industries
• Commercial & Residential
By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World
Enquire about this Report @ https://www.marketresearchfuture.com/enquiry/3678
Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Distribution Feeder Protection System Market, By Voltage Rating
4.1 Introduction
4.2 Medium Voltage
4.3 Low Voltage
5 Global Distribution Feeder Protection System Market, By End User
Continue……
For further information on this report, visit @ https://www.marketresearchfuture.com/reports/distribution-feeder-protection-system-market-3678
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Distribution Feeder Protection System Market is expected to grow over the CAGR 6% by 2023 here
News-ID: 794681 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Distribution
Blanket Distribution Drive
This winter, putting a positive spin on the new year, Extern Labs Inc. took an enlightening initiative to circulate blankets to the individuals in need.
This magnanimous service was conducted in several places of Jaipur, Rajasthan.
The chilling winters are extremely stressful in susceptible geographies like Rajasthan where on winter nights the temperature drops below 10℃.
Extern Labs strongly promotes the concept of giving back to society and persistently endeavours to…
Distribution Automation Markets
SDKI Inc. is a power distribution automation market research report aimed at providing a detailed analysis of several aspects of the market, including market growth drivers, opportunities, recent trends and challenges between 2018-2023. Was published on April 14, 2021.
Report sample URL
https://www.sdki.jp/sample-request-109977
The distribution automation market is estimated to grow from US $ 11.82 billion in 2018 to US $ 16.81 billion by 2023, with a CAGR of 7.29% during the forecast…
Relay2 and sysob IT Distribution sign EMEA Master Distribution Agreement
Milpitas, June 10th, 2021, Relay2, Inc. www.relay2.com a well-recognized vendor in cloud-managed Wi-Fi networks and Edge Content Hosting platform and sysob IT Distribution www.sysob.com in Germany have signed a EMEA Master Distribution agreement.
Under the new agreement sysob will extend his Wi-Fi portfolio to offer the smart Relay2 Wi-Fi solutions to people, businesses, IoT devices and applications. Relay2 delivers superior Wi-Fi solution coupled with unique integrated computing and storage to…
RateGain launches Smart Distribution - the world’s first frictionless distribu …
RateGain launches Smart Distribution - the world’s first frictionless distribution platform
Smart Distribution is an AI/ML-based distribution solution which addresses the most pressing challenges in third-party distribution by making hotel distribution virtually frictionless.
Dallas, May 23, 2019: RateGain, the leader in hospitality and travel technology, unveiled the Smart Distribution solution during HEDNA, Madrid. This game-changing product will revolutionize the hotel distribution technology and will provide hoteliers with the ability to discover and…
Cable Distribution Cabinets Market Report 2018: Segmentation by Type (Low Voltag …
Global Cable Distribution Cabinets market research report provides company profile for Siemens, Norelco, Elba d.o.o., Kaldera Company, Triton Pardubice Ltd., Shenzhen Compton Technology, ABB, Milectria, Schneider, Emerson and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to…
Global Specialty Drug Distribution Market 2022 Trends and Distribution Strategie …
Qyresearch Reports include new market research report Global Specialty Drug Distribution Market Size, Status and Forecast 2022 to its huge collection of research reports.
The report on the global Specialty Drug Distribution market is a comprehensive account of key market dynamics, current and prominent trends, share and size of various segments, recent research and development (R&D) activities, and the existing investment scenario in various regions. The analysis takes a closer look…
