Protective Relay Market Research Report: Information By Voltage (Low, Medium and High), Application (Feeder, Transmission Line, Motor, Transformer, Generator and Others), Operating Mechanism (Electromechanical Relays, Static Relays and Digital/Numerical Relays), End-Use (Industrial, Utilities, Railways and Others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2027

ID: MRFR/E&P/0413-CR | March, 2021 | Region : Global

Protective Relay Market Synopsis

Protective Relay Market is projected to be worth USD 2,791.7 Million by 2027, registering a CAGR of 6% during the forecast period (2021 - 2027), The market was valued at USD 2.79 billion in 2020.

The factors driving the demand for protective relays are the increasing share of renewable energy sources, expansion of transmission & distribution networks, and rapid growth in the industrialization sector. The global electricity demand is projected to grow at a significant rate over the next few years due to the rise in population, rapid development in urbanization, growing infrastructure activities, and increased access to electricity. The conventional electricity generation sources, namely, coal, petrol, and natural gas, contribute primarily to carbon emissions. Several stakeholders in the power generation industry have begun seeking ways to reduce their carbon footprint and focusing on raising the share of renewable energy sources in the total power generation mix globally. Furthermore, countries across the world, including India, the US, Germany, and Saudi Arabia, have set targets to increase the capacity of renewable energy generation sources to increase the share of renewable energy in the power generation mix. For instance, according to the International Renewable Energy Agency (IRENA), in the US, under the current policies and investment scenario, the share of renewable energy in the country’s total energy generation capacity is expected to reach 10% by 2030. In 2019, the Saudi Arabian government set a target to generate 60GW of energy from renewables by 2030. Additionally, according to the Federal Ministry for Economic Affairs and Energy, the German government set a target to have a 40–45% share of renewable energy in the country’s total electricity consumption by 2025.

Prominent Players

The Prominent Players operating in the Global Protective Relay Market are Hitachi ABB Power Grids Ltd (Switzerland), Schneider Electric (France), Siemens AG (Germany), Eaton (Ireland), Mitsubishi Electric Corporation (Japan), Toshiba Corporation (Japan), SEG Electronics GmbH (Germany), Fuji Electric Co. Ltd (Japan), Littelfuse, Inc. (US), WEG (Brazil), TE Connectivity Ltd. (Switzerland), Basler Electric (US), Rockwell Automation, Inc. (US), Woodward, Inc. (US), CIRCUTOR, SA (Spain), PBSI Group (UK), Orion Italia s.r.l (Italy), Schweitzer Engineering Laboratories, Inc. (US), and General Electric (US).

Furthermore, the National Agency of Electrical Energy, the electricity regulatory agency, hosted seven power generation and transmission auctions in 2017. In one of the auctions, around USD 3.04 billion was invested in developing 7,068 km of transmission lines to strengthen the existing infrastructure. Moreover, the increasing demand for electricity in various industries has also attracted foreign players to invest in transmission & distribution (T&D) infrastructure development. The rising investments in T&D are expected to replace the aging infrastructure to maintain reliability and meet the energy demand worldwide. Such factors contribute hugely to the development of new transmission and distribution networks across the world, which boosts the demand for protective relays.

Segmentation: Global Protective Relay Market

Global Protective Relay Market is classified based on Voltage, Application, Operating Mechanism, End-Use, and Region. By voltage, the global market has been segmented into low, medium, and high. Based on application, the global protective relay market has been segmented into feeder, transmission line, motor, transformer, generator, and others. By operating mechanism, the glob protective relay al market has been segmented into electromechanical relays, static relays, and digital/numerical relays. By end use, the global protective relay market has been segmented into industrial, utilities, railways, and others.

Geographically, the protective relay market has been segmented into five major regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Asia-Pacific holds the largest market in the global protective relay market. According to an estimate by the US State Department, approximately 387 million people in Asia-Pacific live without access to electricity. This demands a continuous need to mount and upgrade the existing transmission and distribution (T&D) infrastructure to serve the growing need for electricity in the region. These developments require a large number of protective relays to protect the electrical system. Protective relay manufacturers are collaborating and signing agreements with other companies to supply the electrical components in the region and refurbish the electrical infrastructure in Asia-Pacific. For instance, in September 2020, Schneider Electric (France) acquired the electrical & automation business of Larsen and Toubro Ltd (India). This agreement helped Schneider Electric enlarge its product portfolio in Asia-Pacific for low voltage and industrial automation product business, including low voltage and industrial automation solutions. Such strategic developments in the region increase the demand for protective relays in Asia-Pacific to meet the need for improved access to electricity, driving the protective relay market. However, the COVID-19 pandemic slowed down economic activities in the region considerably, as many nations obtain a significant percentage of their GDP from exports. This has drastically reduced expenditure on electrical equipment in the region. However, by the second half of 2020, most economies are expected to stabilize, and the demand for protective relays in Asia-Pacific is expected to grow during the forecast period.

Protective relays are sensing devices that sense faults in a circuit. After identifying the fault, it gives the tripping command to the circuit breaker. After receiving commands from the protective relay, the circuit breaker disconnects the faulted element. Protective relays are used for various applications, including generators, motors, generators, and other machines that require continuous current without any disturbance.

The report for the global protective relay market of Market Research Future research covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historic and forecasted market size in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

Industry News

In March 2020, ABB improved the REX640 protection relay, which improves communication security and flexibility in advanced power generation and distribution applications. REX640 is compatible with a number of communication protocols, including IEC 60870-5-104 for power system automation. IEC 60870-5-104 enables simple and direct connectivity to a higher-level system, such as SCADA (Supervisory Control and Data Acquisition), without the use of a gateway.

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"title"=>"MARKET DYNAMICS", "enterprise_usd"=>950, "description"=>"5.1 INTRODUCTION 37\n5.2 DRIVERS 38\n5.2.1 INCREASING NEED FOR FIRE SAFETY SOLUTIONS 38\n5.2.2 STRINGENT GOVERNMENT REGULATIONS 38\n5.3 RESTRAINT 38\n5.3.1 CASES OF PRODUCT FAILURE 38\n5.4 OPPORTUNITY 39\n5.4.1 INCREASING DEMAND FROM EMERGING ECONOMIES 39\n5.5 IMPACT ANALYSIS OF COVID-19 39\n5.5.1 IMPACT ON OVERALL ENERGY & POWER INDUSTRY 39\n5.5.1.1 ECONOMIC IMPACT 39\n5.5.2 IMPACT ON THE PROTECTIVE RELAY MARKET 40\n5.5.3 IMPACT ON THE SUPPLY CHAIN OF FIRE-RATED DUCTS 40\n5.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS 40\n5.5.3.2 PRODUCTION SHUTDOWN 40\n5.5.3.3 CASH FLOW CONSTRAINTS 40\n5.5.3.4 IMPACT ON IMPORT/EXPORT 40\n5.5.4 IMPACT ON MARKET DEMAND OF PROTECTIVE RELAY 40\n5.5.4.1 IMPACT DUE TO LOCKDOWN 40\n5.5.4.2 CONSUMER SENTIMENTS 41\n5.5.4.3 IMPACT ON PRICING OF PROTECTIVE RELAY 41\n5.6 TRENDS & DEVELOPMENT 41\n5.6.1 TRENDS 41\n5.6.2 KEY DEVELOPMENTS 42\n"}, {"chapter_no"=>"6", "title"=>"MARKET FACTOR ANALYSIS", "enterprise_usd"=>950, "description"=>"6.1 SUPPLY CHAIN ANALYSIS 44\n6.1.1 DESIGN & DEVELOPMENT 45\n6.1.2 RAW MATERIAL & COMPONENT SUPPLY 45\n6.1.3 MANUFACTURE & ASSEMBLY 45\n6.1.4 SALES & DISTRIBUTION 45\n6.1.5 END USE 45\n6.2 PORTER’S FIVE FORCES MODEL 46\n6.2.1 THREAT OF NEW ENTRANTS 46\n6.2.2 BARGAINING POWER OF SUPPLIERS 47\n6.2.3 THREAT OF SUBSTITUTES 47\n6.2.4 BARGAINING POWER OF BUYERS 47\n6.2.5 INTENSITY OF RIVALRY 47\n"}, {"chapter_no"=>"7", "title"=>"GLOBAL PROTECTIVE RELAY MARKET, BY VOLTAGE", "enterprise_usd"=>1650, "description"=>"7.1 OVERVIEW 48\n7.2 STEEL 49\n7.3 ALUMINUM 49\n7.4 FIBERGLASS 49\n"}, {"chapter_no"=>"8", "title"=>"GLOBAL PROTECTIVE RELAY MARKET, BY APPLICATION", "enterprise_usd"=>1650, "description"=>"8.1 OVERVIEW 50\n8.2 ROUND 52\n8.3 HALF ROUND 52\n8.4 RECTANGULAR 52\n8.5 TRIANGULAR 52\n8.6 ROUND 52\n8.7 OTHERS 52\n"}, {"chapter_no"=>"9", "title"=>"GLOBAL PROTECTIVE RELAY MARKET, BY OPERATING MECHANISM", "enterprise_usd"=>1650, "description"=>"9.1 OVERVIEW 53\n9.2 WALL 54\n9.3 DECKS 54\n9.4 FLOOR 54\n"}, {"chapter_no"=>"10", "title"=>"GLOBAL PROTECTIVE RELAY MARKET, BY END USE", "enterprise_usd"=>1650, "description"=>"10.1 OVERVIEW 55\n10.2 CORE DRILLING 56\n10.3 SEALS 56\n10.4 DUCT INSTALLATION 56\n10.5 OTHERS 56\n"}, {"chapter_no"=>"11", "title"=>"GLOBAL PROTECTIVE RELAY MARKET, BY REGION", "enterprise_usd"=>1650, "description"=>"11.1 OVERVIEW 57\n11.2 NORTH AMERICA 59\n11.2.1 US 62\n11.2.2 CANADA 64\n11.2.3 MEXICO 66\n11.3 EUROPE 68\n11.3.1 GERMANY 70\n11.3.2 ITALY 72\n11.3.3 SPAIN 74\n11.3.4 UNITED KINGDOM 76\n11.3.5 FRANCE 78\n11.3.6 REST OF EUROPE 80\n11.4 ASIA-PACIFIC 83\n11.4.1 CHINA 86\n11.4.2 INDIA 88\n11.4.3 JAPAN 90\n11.4.4 SOUTH KOREA 92\n11.4.5 REST OF ASIA-PACIFIC 94\n11.5 MIDDLE EAST & AFRICA 96\n11.5.1 SAUDI ARABIA 99\n11.5.2 UAE 101\n11.5.3 SOUTH AFRICA 103\n11.5.4 REST OF THE MIDDLE EAST & AFRICA 105\n11.6 SOUTH AMERICA 107\n11.6.1 BRAZIL 110\n11.6.2 ARGENTINA 112\n11.6.3 REST OF SOUTH AMERICA 114\n"}, {"chapter_no"=>"12", "title"=>"COMPETITIVE LANDSCAPE", "enterprise_usd"=>1050, "description"=>"12.1 COMPETITIVE OVERVIEW 116\n12.2 COMPETITIVE BENCHMARKING 117\n12.3 MARKET SHARE ANALYSIS 118\n12.4 KEY DEVELOPMENTS AND GROWTH STRATEGIES 118\n12.4.1 PRODUCT LAUNCH/PRODUCT ENHANCEMENT 118\n12.4.2 ACQUISITION AND EXPANSION 119\n12.4.3 PARTNERSHIPS AND AGREEMENTS 119\n"}, {"chapter_no"=>"13", "title"=>"COMPANY PROFILES", "enterprise_usd"=>900, "description"=>"13.1 HITACHI ABB POWER GRIDS LTD 120\n13.1.1 COMPANY OVERVIEW 120\n13.1.2 FINANCIAL OVERVIEW 121\n13.1.3 PRODUCTS OFFERED 122\n13.1.4 KEY DEVELOPMENTS 123\n13.1.5 SWOT ANALYSIS 124\n13.1.6 KEY STRATEGIES 124\n13.2 SCHNEIDER ELECTRIC 125\n13.2.1 COMPANY OVERVIEW 125\n13.2.2 FINANCIAL OVERVIEW 126\n13.2.3 PRODUCTS OFFERED 127\n13.2.4 KEY DEVELOPMENTS 129\n13.2.5 SWOT ANALYSIS 130\n13.2.6 KEY STRATEGIES 130\n13.3 SIEMENS AG 131\n13.3.1 COMPANY OVERVIEW 131\n13.3.2 FINANCIAL OVERVIEW 132\n13.3.3 PRODUCTS OFFERED 133\n13.3.4 KEY DEVELOPMENTS 133\n13.3.5 SWOT ANALYSIS 134\n13.3.6 KEY STRATEGIES 134\n \n13.4 EATON 135\n13.4.1 COMPANY OVERVIEW 135\n13.4.2 FINANCIAL OVERVIEW 136\n13.4.3 PRODUCTS OFFERED 137\n13.4.4 KEY DEVELOPMENTS 138\n13.4.5 SWOT ANALYSIS 138\n13.4.6 KEY STRATEGIES 139\n13.5 MITSUBISHI ELECTRIC CORPORATION 140\n13.5.1 COMPANY OVERVIEW 140\n13.5.2 FINANCIAL OVERVIEW 141\n13.5.3 PRODUCTS OFFERED 142\n13.5.4 KEY DEVELOPMENTS 143\n13.5.5 SWOT ANALYSIS 143\n13.5.6 KEY STRATEGIES 143\n13.6 TOSHIBA CORPORATION 144\n13.6.1 COMPANY OVERVIEW 144\n13.6.2 FINANCIAL OVERVIEW 145\n13.6.3 PRODUCTS OFFERED 146\n13.6.4 KEY DEVELOPMENTS 147\n13.6.5 SWOT ANALYSIS 147\n13.6.6 KEY STRATEGIES 147\n13.7 SEG ELECTRONICS GMBH 148\n13.7.1 COMPANY OVERVIEW 148\n13.7.2 FINANCIAL OVERVIEW 148\n13.7.3 KEY DEVELOPMENTS 148\n13.8 FUJI ELECTRIC CO., LTD 149\n13.8.1 COMPANY OVERVIEW 149\n13.8.2 FINANCIAL OVERVIEW 150\n13.8.3 PRODUCTS OFFERED 151\n13.8.4 KEY DEVELOPMENTS 151\n13.8.5 SWOT ANALYSIS 152\n13.8.6 KEY STRATEGIES 152\n13.9 LITTELFUSE, INC 153\n13.9.1 COMPANY OVERVIEW 153\n13.9.2 FINANCIAL OVERVIEW 154\n13.9.3 PRODUCTS OFFERED 155\n13.9.4 KEY DEVELOPMENTS 159\n13.9.5 SWOT ANALYSIS 159\n13.9.6 KEY STRATEGIES 159\n13.10 WEG 160\n13.10.1 COMPANY OVERVIEW 160\n13.10.2 FINANCIAL OVERVIEW 161\n13.10.3 PRODUCTS OFFERED 162\n13.10.4 KEY DEVELOPMENTS 162\n13.11 TE CONNECTIVITY LTD 163\n13.11.1 COMPANY OVERVIEW 163\n13.11.2 FINANCIAL OVERVIEW 163\n13.11.3 PRODUCTS OFFERED 164\n13.11.4 KEY DEVELOPMENTS 164\n13.12 BASLER ELECTRIC 165\n13.12.1 COMPANY OVERVIEW 165\n13.12.2 FINANCIAL OVERVIEW 165\n13.12.3 PRODUCTS OFFERED 165\n13.12.4 KEY DEVELOPMENTS 168\n13.13 ROCKWELL AUTOMATION, INC. 169\n13.13.1 COMPANY OVERVIEW 169\n13.13.2 FINANCIAL OVERVIEW 170\n13.13.3 PRODUCTS OFFERED 171\n13.13.4 KEY DEVELOPMENTS 171\n13.14 WOODWARD, INC. 172\n13.14.1 COMPANY OVERVIEW 172\n13.14.2 FINANCIAL OVERVIEW 173\n13.14.3 PRODUCTS OFFERED 174\n13.14.4 KEY DEVELOPMENTS 174\n13.15 CIRCUTOR, SA 175\n13.15.1 COMPANY OVERVIEW 175\n13.15.2 FINANCIAL OVERVIEW 175\n13.15.3 PRODUCTS OFFERED 176\n13.15.4 KEY DEVELOPMENTS 176\n13.16 PBSI GROUP 177\n13.16.1 COMPANY OVERVIEW 177\n13.16.2 FINANCIAL OVERVIEW 177\n13.16.3 PRODUCTS OFFERED 177\n13.16.4 KEY DEVELOPMENTS 178\n \n13.17 ORION ITALIA SRL 179\n13.17.1 COMPANY OVERVIEW 179\n13.17.2 FINANCIAL OVERVIEW 179\n13.17.3 PRODUCTS OFFERED 179\n13.17.4 KEY DEVELOPMENTS 180\n13.18 SCHWEITZER ENGINEERING LABORATORIES, I.N.C. 181\n13.18.1 COMPANY OVERVIEW 181\n13.18.2 FINANCIAL OVERVIEW 181\n13.18.3 PRODUCTS OFFERED 181\n13.18.4 KEY DEVELOPMENTS 183\n13.19 GENERAL ELECTRIC 184\n13.19.1 COMPANY OVERVIEW 184\n13.19.2 FINANCIAL OVERVIEW 185\n13.19.3 PRODUCTS OFFERED 186\n13.19.4 KEY DEVELOPMENTS 189\n"}, {"chapter_no"=>"14", "title"=>"LIST OF TABLES", "enterprise_usd"=>nil, "description"=>"TABLE 1 LIST OF ASSUMPTIONS 33\nTABLE 2 KEY DEVELOPMENTS 42\nTABLE 3 GLOBAL PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 49\nTABLE 4 GLOBAL PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 51\nTABLE 5 GLOBAL PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 54\nTABLE 6 GLOBAL PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 56\nTABLE 7 GLOBAL PROTECTIVE RELAY MARKET, BY REGION, 2018–2026 (USD MILLION) 58\nTABLE 8 NORTH AMERICA: PROTECTIVE RELAY MARKET, BY COUNTRY, 2018–2026 (USD MILLION) 59\nTABLE 9 NORTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 60\nTABLE 10 NORTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 60\nTABLE 11 NORTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, \n2018–2026 (USD MILLION) 61\nTABLE 12 NORTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 61\nTABLE 13 US: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 62\nTABLE 14 US: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 62\nTABLE 15 US: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 63\nTABLE 16 US: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 63\nTABLE 17 CANADA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 64\nTABLE 18 CANADA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 64\nTABLE 19 CANADA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 65\nTABLE 20 CANADA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 65\nTABLE 21 MEXICO: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 66\nTABLE 22 MEXICO: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 66\nTABLE 23 MEXICO: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 67\nTABLE 24 MEXICO: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 67\nTABLE 25 EUROPE: PROTECTIVE RELAY MARKET, BY COUNTRY, 2018–2026 (USD MILLION) 68\nTABLE 26 EUROPE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 68\nTABLE 27 EUROPE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 69\nTABLE 28 EUROPE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 69\nTABLE 29 EUROPE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 70\nTABLE 30 GERMANY: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 70\nTABLE 31 GERMANY: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 71\nTABLE 32 GERMANY: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 71\nTABLE 33 GERMANY: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 72\nTABLE 34 ITALY: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 72\nTABLE 35 ITALY: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 73\nTABLE 36 ITALY: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 73\nTABLE 37 ITALY: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 74\nTABLE 38 SPAIN: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 74\nTABLE 39 SPAIN: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 75\nTABLE 40 SPAIN: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 75\nTABLE 41 SPAIN: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 76\nTABLE 42 UNITED KINGDOM: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 76\nTABLE 43 UNITED KINGDOM: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 77\nTABLE 44 UNITED KINGDOM: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, \n2018–2026 (USD MILLION) 77\nTABLE 45 UNITED KINGDOM: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 78\nTABLE 46 FRANCE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 78\nTABLE 47 FRANCE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 79\nTABLE 48 FRANCE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 79\nTABLE 49 FRANCE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 80\nTABLE 50 REST OF EUROPE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 80\nTABLE 51 REST OF EUROPE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 81\nTABLE 52 REST OF EUROPE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, \n2018–2026 (USD MILLION) 81\nTABLE 53 REST OF EUROPE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 82\nTABLE 54 ASIA-PACIFIC: PROTECTIVE RELAY MARKET, BY COUNTRY, 2018–2026 (USD MILLION) 83\nTABLE 55 ASIA-PACIFIC: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 84\nTABLE 56 ASIA-PACIFIC: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 84\nTABLE 57 ASIA-PACIFIC: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 85\nTABLE 58 ASIA-PACIFIC: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 85\nTABLE 59 CHINA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 86\nTABLE 60 CHINA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 86\nTABLE 61 CHINA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 87\nTABLE 62 CHINA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 87\nTABLE 63 INDIA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 88\nTABLE 64 INDIA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 88\nTABLE 65 INDIA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 89\nTABLE 66 INDIA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 89\nTABLE 67 JAPAN: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 90\nTABLE 68 JAPAN: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 90\nTABLE 69 JAPAN: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 91\nTABLE 70 JAPAN: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 91\nTABLE 71 SOUTH KOREA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 92\nTABLE 72 SOUTH KOREA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 92\nTABLE 73 SOUTH KOREA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 93\nTABLE 74 SOUTH KOREA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 93\nTABLE 75 REST OF ASIA-PACIFIC: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 94\nTABLE 76 REST OF ASIA-PACIFIC: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 94\nTABLE 77 REST OF ASIA-PACIFIC: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, \n2018–2026 (USD MILLION) 95\nTABLE 78 REST OF ASIA-PACIFIC: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 95\nTABLE 79 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET, BY COUNTRY, 2018–2026 (USD MILLION) 96\nTABLE 80 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 97\nTABLE 81 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 97\nTABLE 82 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, \n2018–2026 (USD MILLION) 98\nTABLE 83 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 98\nTABLE 84 SAUDI ARABIA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 99\nTABLE 85 SAUDI ARABIA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 99\nTABLE 86 SAUDI ARABIA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 100\nTABLE 87 SAUDI ARABIA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 100\nTABLE 88 UAE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 101\nTABLE 89 UAE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 101\nTABLE 90 UAE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 102\nTABLE 91 UAE: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 102\nTABLE 92 SOUTH AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 103\nTABLE 93 SOUTH AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 103\nTABLE 94 SOUTH AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 104\nTABLE 95 SOUTH AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 104\nTABLE 96 REST OF THE MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, \n2018–2026 (USD MILLION) 105\nTABLE 97 REST OF THE MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, \n2018–2026 (USD MILLION) 105\nTABLE 98 REST OF THE MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING \nMECHANISM, 2018–2026 (USD MILLION) 106\nTABLE 99 REST OF THE MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, \n2018–2026 (USD MILLION) 106\nTABLE 100 SOUTH AMERICA: PROTECTIVE RELAY MARKET, BY COUNTRY, 2018–2026 (USD MILLION) 107\nTABLE 101 SOUTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 108\nTABLE 102 SOUTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 108\nTABLE 103 SOUTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, \n2018–2026 (USD MILLION) 109\nTABLE 104 SOUTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 109\nTABLE 105 BRAZIL: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 110\nTABLE 106 BRAZIL: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 110\nTABLE 107 BRAZIL: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 111\nTABLE 108 BRAZIL: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 111\nTABLE 109 ARGENTINA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 112\nTABLE 110 ARGENTINA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 112\nTABLE 111 ARGENTINA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, 2018–2026 (USD MILLION) 113\nTABLE 112 ARGENTINA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 113\nTABLE 113 REST OF SOUTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY VOLTAGE, 2018–2026 (USD MILLION) 114\nTABLE 114 REST OF SOUTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018–2026 (USD MILLION) 114\nTABLE 115 REST OF SOUTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY OPERATING MECHANISM, \n2018–2026 (USD MILLION) 115\nTABLE 116 REST OF SOUTH AMERICA: PROTECTIVE RELAY MARKET ESTIMATES & FORECAST, BY END USE, 2018–2026 (USD MILLION) 115\nTABLE 117 PRODUCT LAUNCH/PRODUCT ENHANCEMENT 118\nTABLE 118 ACQUISITION AND EXPANSION 119\nTABLE 119 PARTNERSHIPS AND AGREEMENTS 119\nTABLE 120 HITACHI ABB POWER GRIDS LTD: PRODUCTS OFFERED 122\nTABLE 121 HITACHI ABB POWER GRIDS LTD.: KEY DEVELOPMENTS 123\nTABLE 122 SCHNEIDER ELECTRIC: PRODUCTS OFFERED 127\nTABLE 123 SCHNEIDER ELECTRIC: KEY DEVELOPMENTS 129\nTABLE 124 SIEMENS AG: PRODUCTS OFFERED 133\nTABLE 125 SIEMENS AG: KEY DEVELOPMENTS 133\nTABLE 126 EATON: PRODUCTS OFFERED 137\nTABLE 127 EATON: KEY DEVELOPMENTS 138\nTABLE 128 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS OFFERED 142\nTABLE 129 TOSHIBA CORPORATION: PRODUCTS OFFERED 146\nTABLE 130 SEG ELECTRONICS GMBH: PRODUCTS OFFERED 148\nTABLE 131 FUJI ELECTRIC CO. LTD: PRODUCTS OFFERED 151\nTABLE 132 FUJI ELECTRIC CO. LTD: KEY DEVELOPMENTS 151\nTABLE 133 LITTELFUSE, INC.: PRODUCTS OFFERED 155\nTABLE 134 LITTELFUSE, INC.: KEY DEVELOPMENTS 159\nTABLE 135 WEG: PRODUCTS OFFERED 162\nTABLE 136 WEG: KEY DEVELOPMENTS 162\nTABLE 137 TE CONNECTIVITY LTD: PRODUCTS OFFERED 164\nTABLE 138 TE CONNECTIVITY LTD: KEY DEVELOPMENTS 164\nTABLE 139 BASLER ELECTRIC: PRODUCTS OFFERED 165\nTABLE 140 BASLER ELECTRIC: KEY DEVELOPMENTS 168\nTABLE 141 ROCKWELL AUTOMATION, INC.: PRODUCTS OFFERED 171\nTABLE 142 ROCKWELL AUTOMATION, INC.: KEY DEVELOPMENTS 171\nTABLE 143 WOODWARD, INC.: PRODUCTS OFFERED 174\nTABLE 144 CIRCUTOR, SA: PRODUCTS OFFERED 176\nTABLE 145 PBSI GROUP: PRODUCTS OFFERED 177\nTABLE 146 ORION ITALIA SRL: PRODUCTS OFFERED 179\nTABLE 147 SCHWEITZER ENGINEERING LABORATORIES, INC.: PRODUCTS OFFERED 181\nTABLE 148 SCHWEITZER ENGINEERING LABORATORIES, INC.: KEY DEVELOPMENTS 183\nTABLE 149 GENERAL ELECTRIC: PRODUCTS OFFERED 186\n"}, {"chapter_no"=>"15", "title"=>"LIST OF FIGURES", "enterprise_usd"=>nil, "description"=>"FIGURE 1 MARKET SYNOPSIS 18\nFIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL PROTECTIVE RELAY MARKET 19\nFIGURE 3 GLOBAL PROTECTIVE RELAY MARKET ANALYSIS, BY VOLTAGE 20\nFIGURE 4 GLOBAL PROTECTIVE RELAY MARKET ANALYSIS, BY APPLICATION 21\nFIGURE 5 GLOBAL PROTECTIVE RELAY MARKET ANALYSIS, BY OPERATING MECHANISM 22\nFIGURE 6 GLOBAL PROTECTIVE RELAY MARKET ANALYSIS, BY END USE 23\nFIGURE 7 GLOBAL PROTECTIVE RELAY MARKET ANALYSIS, BY REGION 24\nFIGURE 8 GLOBAL PROTECTIVE RELAY MARKET: STRUCTURE 26\nFIGURE 9 KEY BUYING CRITERIA FOR GLOBAL PROTECTIVE RELAY MARKET 27\nFIGURE 10 RESEARCH PROCESS 28\nFIGURE 11 TOP-DOWN AND BOTTOM-UP APPROACHES 31\nFIGURE 12 GLOBAL PROTECTIVE RELAY MARKET SIZE & MARKET SHARE, BY NORTH AMERICA (2019 VS 2026) 34\nFIGURE 13 GLOBAL PROTECTIVE RELAY MARKET SIZE & MARKET SHARE, BY EUROPE (2019 VS 2026) 34\nFIGURE 14 GLOBAL PROTECTIVE RELAY MARKET SIZE & MARKET SHARE, BY ASIA-PACIFIC (2019 VS 2026) 35\nFIGURE 15 GLOBAL PROTECTIVE RELAY MARKET SIZE & MARKET SHARE, BY MIDDLE EAST & AFRICA (2019 VS 2026) 35\nFIGURE 16 GLOBAL PROTECTIVE RELAY MARKET SIZE & MARKET SHARE, BY SOUTH AMERICA (2019 VS 2026) 36\nFIGURE 17 DRO ANALYSIS: PROTECTIVE RELAY MARKET 37\nFIGURE 18 SUPPLY CHAIN ANALYSIS: PROTECTIVE RELAY MARKET 44\nFIGURE 19 PORTER'S FIVE FORCES ANALYSIS: PROTECTIVE RELAY MARKET 46\nFIGURE 20 GLOBAL PROTECTIVE RELAY MARKET, BY VOLTAGE, 2019 (% SHARE) 48\nFIGURE 21 GLOBAL PROTECTIVE RELAY MARKET, BY VOLTAGE, 2018 TO 2026 (USD MILLION) 48\nFIGURE 22 GLOBAL PROTECTIVE RELAY MARKET, BY APPLICATION, 2019 (% SHARE) 50\nFIGURE 23 GLOBAL PROTECTIVE RELAY MARKET, BY APPLICATION, 2018 TO 2026 (USD MILLION) 51\nFIGURE 24 GLOBAL PROTECTIVE RELAY MARKET, BY OPERATING MECHANISM, 2019 (% SHARE) 53\nFIGURE 25 GLOBAL PROTECTIVE RELAY MARKET, BY OPERATING MECHANISM, 2018 TO 2026 (USD MILLION) 53\nFIGURE 26 GLOBAL PROTECTIVE RELAY MARKET, BY END USE, 2019 (% SHARE) 55\nFIGURE 27 GLOBAL PROTECTIVE RELAY MARKET, BY END USE, 2018 TO 2026 (USD MILLION) 55\nFIGURE 28 GLOBAL PROTECTIVE RELAY MARKET, BY REGION, 2018 TO 2026 (USD MILLION) 57\nFIGURE 29 GLOBAL PROTECTIVE RELAY MARKET, BY REGION, 2019 (% SHARE) 58\nFIGURE 30 BENCHMARKING OF MAJOR COMPETITORS 117\nFIGURE 31 MAJOR PLAYERS MARKET SHARE ANALYSIS, 2019 (%) 118\nFIGURE 32 HITACHI ABB POWER GRIDS LTD.: FINANCIAL OVERVIEW SNAPSHOT 121\nFIGURE 33 HITACHI ABB POWER GRIDS LTD: SWOT ANALYSIS 124\nFIGURE 34 SCHNEIDER ELECTRIC: FINANCIAL OVERVIEW SNAPSHOT 126\nFIGURE 35 SCHNEIDER ELECTRIC: SWOT ANALYSIS 130\nFIGURE 36 SIEMENS AG: FINANCIAL OVERVIEW SNAPSHOT 132\nFIGURE 37 SIEMENS AG: SWOT ANALYSIS 134\nFIGURE 38 EATON: FINANCIAL OVERVIEW SNAPSHOT 136\nFIGURE 39 EATON: SWOT ANALYSIS 138\nFIGURE 40 MITSUBISHI ELECTRIC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 141\nFIGURE 41 MITSUBISHI ELECTRIC CORPORATION: SWOT ANALYSIS 143\nFIGURE 42 TOSHIBA CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 145\nFIGURE 43 TOSHIBA CORPORATION: SWOT ANALYSIS 147\nFIGURE 44 FUJI ELECTRIC CO. LTD: FINANCIAL OVERVIEW SNAPSHOT 150\nFIGURE 45 FUJI ELECTRIC CO. LTD: SWOT ANALYSIS 152\nFIGURE 46 LITTELFUSE, INC.: FINANCIAL OVERVIEW SNAPSHOT 154\nFIGURE 47 LITTELFUSE, INC.: SWOT ANALYSIS 159\nFIGURE 48 WEG: FINANCIAL OVERVIEW SNAPSHOT 161\nFIGURE 49 TE CONNECTIVITY LTD: FINANCIAL OVERVIEW SNAPSHOT 163\nFIGURE 50 ROCKWELL AUTOMATION, INC.: FINANCIAL OVERVIEW SNAPSHOT 170\nFIGURE 51 WOODWARD, INC.: FINANCIAL OVERVIEW SNAPSHOT 173\nFIGURE 52 GENERAL ELECTRIC: FINANCIAL OVERVIEW SNAPSHOT 185\n"}]