Market Overview:
The global Buchholz relay market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for power and distribution transformers, and rising concerns about transformer safety. Based on type, the global Buchholz relay market is segmented into power transformers and distribution transformers. The power transformer segment is expected to grow at a CAGR of 5.8% from 2018 to 2030, while the distribution transformer segment is expected to grow at a CAGR of 4.9%. Based on application, the global Buchholz relay market is divided into utilities and others (industrial, commercial). The utilities segment accounted for majority share of the global Buchholz relay market in 2017 and it is projected to maintain its dominance during forecast period as well.
Product Definition:
A Buchholz relay is a safety device used on high-voltage power systems. It monitors the current in the system and opens a circuit if it detects an abnormal condition, such as a fault. This protects workers and equipment from damage or injury.
Power Transformers:
Power Transformers are devices that step up (increase) or step down (decrease) the voltage levels of an electric current. They are widely used in power distribution and transmission systems. Power transformers can be single-phase or three-phase, depending on the application requirements.
The global market for power transformers is expected to witness significant growth over the forecast period owing to its wide range of applications in industries such as oil & gas, chemical processing, water treatment.
Distribution Transformers:
Distribution transformer is a device used to step up or step down the voltage levels of electric power from high voltage (HV) to low voltage (LV) in an electrical distribution system. It is mainly used for transforming the high-voltage electricity generated by a power plant into lower-voltage electricity suitable for consumption by end users.
In Buchholz relay, there are two types of transformers namely primary.
Application Insights:
The utilities segment dominated the global market in 2017. This can be attributed to growing demand for electricity from developing countries, such as India and China. Utilities accounted for a significant share of more than 50% in 2017 owing to increasing investments by governments across the world to promote industrialization and infrastructure development.
The others segment includes oil & gas, construction, transportation and medical sectors among others. Buchholz relay is used in power distribution networks within these sectors on account of its small size compared to other applications that require large capacity relays or transformers stations respectively.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing investments in distribution transformer manufacturing and rising demand from end-use industries such as transportation, industrial, and others. Moreover, growing adoption of smart grid systems is also anticipated to drive buchholz relay sales in North America during the forecast period.
Asia Pacific is expected to witness significant growth over the next eight years owing to increasing government initiatives for electrification of rural areas coupled with rapid urbanization across emerging economies including China.
Growth Factors:
- Increasing demand from the automotive industry for advanced relay products.
- Growing demand for miniaturized and high-reliability relays from the telecommunications and electronics industries.
- Rapid expansion of the industrial Internet of Things (IIoT) market, which is expected to drive increased demand for Buchholz relays in factory automation applications.
- Rising popularity of energy-efficient LED lighting, which is increasing demand for Buchholz relays in lighting control applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Buchholz Relay Market Research Report
By Type
Power Transformers, Distribution Transformers
By Application
Utilities, Others
By Companies
ABB, Altron, Elektromotoren und Gerätebau Barleben, Maschinenfabrik Reinhausen, PBSI Group, Teck Global, ABB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Buchholz Relay Market Report Segments:
The global Buchholz Relay market is segmented on the basis of:
Types
Power Transformers, Distribution Transformers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Utilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Altron
- Elektromotoren und Gerätebau Barleben
- Maschinenfabrik Reinhausen
- PBSI Group
- Teck Global
- ABB
Highlights of The Buchholz Relay Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Power Transformers
- Distribution Transformers
- By Application:
- Utilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Buchholz Relay Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Buchholz Relay is a computer program that allows users to share files, folders, and printers between computers.
Some of the major companies in the buchholz relay market are ABB, Altron, Elektromotoren und GerƒÂ¤tebau Barleben, Maschinenfabrik Reinhausen, PBSI Group, Teck Global, ABB.
The buchholz relay market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Buchholz Relay Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Buchholz Relay Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Buchholz Relay Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Buchholz Relay Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Buchholz Relay Market Size & Forecast, 2018-2028
4.5.1 Buchholz Relay Market Size and Y-o-Y Growth
4.5.2 Buchholz Relay Market Absolute $ Opportunity
Chapter 5 Global Buchholz Relay Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Buchholz Relay Market Size Forecast by Type
5.2.1 Power Transformers
5.2.2 Distribution Transformers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Buchholz Relay Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Buchholz Relay Market Size Forecast by Applications
6.2.1 Utilities
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Buchholz Relay Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Buchholz Relay Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Buchholz Relay Analysis and Forecast
9.1 Introduction
9.2 North America Buchholz Relay Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Buchholz Relay Market Size Forecast by Type
9.6.1 Power Transformers
9.6.2 Distribution Transformers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Buchholz Relay Market Size Forecast by Applications
9.10.1 Utilities
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Buchholz Relay Analysis and Forecast
10.1 Introduction
10.2 Europe Buchholz Relay Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Buchholz Relay Market Size Forecast by Type
10.6.1 Power Transformers
10.6.2 Distribution Transformers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Buchholz Relay Market Size Forecast by Applications
10.10.1 Utilities
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Buchholz Relay Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Buchholz Relay Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Buchholz Relay Market Size Forecast by Type
11.6.1 Power Transformers
11.6.2 Distribution Transformers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Buchholz Relay Market Size Forecast by Applications
11.10.1 Utilities
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Buchholz Relay Analysis and Forecast
12.1 Introduction
12.2 Latin America Buchholz Relay Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Buchholz Relay Market Size Forecast by Type
12.6.1 Power Transformers
12.6.2 Distribution Transformers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Buchholz Relay Market Size Forecast by Applications
12.10.1 Utilities
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Buchholz Relay Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Buchholz Relay Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Buchholz Relay Market Size Forecast by Type
13.6.1 Power Transformers
13.6.2 Distribution Transformers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Buchholz Relay Market Size Forecast by Applications
13.10.1 Utilities
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Buchholz Relay Market: Competitive Dashboard
14.2 Global Buchholz Relay Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Altron
14.3.3 Elektromotoren und Gerätebau Barleben
14.3.4 Maschinenfabrik Reinhausen
14.3.5 PBSI Group
14.3.6 Teck Global
14.3.7 ABB
