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Protective Relay Market by Type and Application

Protective Relay Market report categorizes global market by Type (High, Medium, and Low Voltage), by Application (Utilities, Industries), and by Product Category (Feeder Protection, Transmission Line Distance, Motor Protection, Transformer Protection).

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Protective Relay Market by Type and Application

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  1. MarketsandMarkets Presents Protective Relay Market by Type, Application and Product Category - Global Trends and Forecasts to 2019

  2. The report "Protective Relay Market by Type (High, Medium, and Low Voltage), by Application (Utilities, Industries), and by Product Category (Feeder Protection, Transmission Line Distance, Motor Protection, Transformer Protection) - Global Trends and Forecasts to 2019", defines and segments the market with regional forecast and segment revenue estimates through to 2019. The protective relay market will grow from an estimated $3,205.9 million in 2014 to $5,085.6 million by 2019 with a CAGR of 9.67% from 2014 to 2019. • Browse • 74 market data tables  • 57 figures  • 142 pages and in-depth TOC on “Protective Relay Market ”. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=198956724

  3. Source: MarketsandMarkets Analysis Protective Relay Market Size, by Application ($Million) Source: Press Releases and MarketsandMarkets Analysis

  4. The global protective relay market is projected to exhibit high growth on account of rising power generation and increased upgradation on electrical infrastructure, influenced by rising energy demand. The market was valued at $2,759.2 million globally for 2013. It is projected to grow at a CAGR of 9.67% through to 2019, owing to extensive modernization activities being carried out globally. Protective relay are preferred more over its substitute fuses as they don’t provide the re-closure function which is very important in setting up the circuit in its normal functions. Moreover, there is no need of replacing the relays after every disconnection of the circuit due to faults, which is unavoidable in fuses. Leading players of this industry with their recent developments and other strategic industry activities are profiled in the report. These companies includeABB Ltd. (Switzerland), Siemens AG (Germany), Eaton Corporation (Ireland), SEL Inc. (U.S.), Schneider Electric SE (France), and Mitsubishi Electric Corporation (Japan). The market is projected to be promising for the feeder protection relays owing to the upgradation of transmission and distribution utilities in the developed regions. Motor protection relays however, are more in the low voltage applications. Others include the transformer protection, generator protection, and bus-bar protection relays, which have a considerable combined share in the market.

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  6. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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