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The Global Protective Relay Market is analyzed in terms of revenue ($million) for the aforesaid type, product categories, end-user, and by regions.
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MarketsandMarkets Presents Protective Relay Market worth $5,085.6 Million by 2019 http://www.marketsandmarkets.com/Market-Reports/protective-relay-market-198956724.html
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. Early buyers will receive 10% customization on this report. Browse Report Data: A ] 74 Market Data Tables B ] 54 Figures C ] 142 slides and in-depth TOC on “Protective Relay Market” http://www.marketsandmarkets.com/Market-Reports/protective-relay-market-198956724.html
The market study on protective relay defines and segments the market with regional forecast and segment revenue estimates through to 2019. Top market players from the industry segment have been studies in order to track developments, technologies, and other key business strategies that define the protective relay market environment. Protective relay reduces the risk of losing costly instruments and motors due to current and voltage fluctuations. Protective relays are mostly used in feeder protection by Transmission & Distribution (T&D) companies. They are used to protect the feeders in the switchyards. The protective relay industry is fragmented and offers several opportunities for consolidation and growth in efficiency through an increase in economies of scale. The industry has low entry and exit barriers. This is a major driver of the protective relay market. Top players of the PR market are ABB (Switzerland), SEL (U.S.), GE (U.S.), and Alstom (France) http://www.marketsandmarkets.com/Market-Reports/protective-relay-market-198956724.html
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