The global MV protection relay market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for power transmission and distribution networks, which are being upgraded with new technologies such as smart grids and microgrids. The global MV protection relay market has been segmented on the basis of type, application, and region. On the basis of type, it has been classified into electromechanical & static relays and digital & numerical relays; on the basis of application it has been classified into utilities, industrial, commercial and institutional; on the basis of region it has been classified into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- Increasing demand for renewable energy sources such as solar and wind power is driving the growth of the MV Protection Relay market.
- Increasing demand for electric vehicles is also driving the growth of the MV Protection Relay market.
- The increasing need for protection against voltage fluctuations in power grids due to increased penetration of renewable energy sources will drive the growth of this market.
Industry Growth Insights published a new data on “MV Protection Relay Market”. The research report is titled “MV Protection Relay Market research by Types (Electromechanical & Static Relay, Digital & Numerical Relay), By Applications (Utilities, Industrial, Commercial and Institutional), By Players/Companies ABB, Siemens, Schneider Electric, GE, Rockwell, Eaton, Mitsubishi Electric, Schweitzer Engineering Laboratories, Larsen & Toubro (L&T), Toshiba, Terasaki, Fanox, Powell Industries, Woodward, Solcon Industries”.
Scope Of The Report
Report Attributes
Report Details
Report Title
MV Protection Relay Market Research Report
By Type
Electromechanical & Static Relay, Digital & Numerical Relay
By Application
Utilities, Industrial, Commercial and Institutional
By Companies
ABB, Siemens, Schneider Electric, GE, Rockwell, Eaton, Mitsubishi Electric, Schweitzer Engineering Laboratories, Larsen & Toubro (L&T), Toshiba, Terasaki, Fanox, Powell Industries, Woodward, Solcon Industries
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global MV Protection Relay Market Report Segments:
The global MV Protection Relay market is segmented on the basis of:
Types
Electromechanical & Static Relay, Digital & Numerical Relay
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, Industrial, Commercial and Institutional
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
- Siemens
- Schneider Electric
- GE
- Rockwell
- Eaton
- Mitsubishi Electric
- Schweitzer Engineering Laboratories
- Larsen & Toubro (L&T)
- Toshiba
- Terasaki
- Fanox
- Powell Industries
- Woodward
- Solcon Industries
Highlights of The MV Protection 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:
- Electromechanical & Static Relay
- Digital & Numerical Relay
- By Application:
- Utilities
- Industrial
- Commercial and Institutional
- 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 MV Protection 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.
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- Correctly Positioning New Products
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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?
MV Protection Relay is a service that helps protect your business from potential losses caused by maritime accidents. It provides real-time alerts and information about maritime incidents, so you can make informed decisions about how to respond.
Some of the major players in the mv protection relay market are ABB, Siemens, Schneider Electric, GE, Rockwell, Eaton, Mitsubishi Electric, Schweitzer Engineering Laboratories, Larsen & Toubro (L&T), Toshiba, Terasaki, Fanox, Powell Industries, Woodward, Solcon Industries.
The mv protection relay market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. MV Protection Relay Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. MV Protection Relay Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. MV Protection Relay Market - Supply Chain
4.5. Global MV Protection Relay Market Forecast
4.5.1. MV Protection Relay Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. MV Protection Relay Market Size (000 Units) and Y-o-Y Growth
4.5.3. MV Protection Relay Market Absolute $ Opportunity
5. Global MV Protection Relay Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. MV Protection Relay Market Size and Volume Forecast by Type
5.3.1. Electromechanical & Static Relay
5.3.2. Digital & Numerical Relay
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global MV Protection Relay Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. MV Protection Relay Market Size and Volume Forecast by Application
6.3.1. Utilities
6.3.2. Industrial
6.3.3. Commercial and Institutional
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global MV Protection Relay Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. MV Protection Relay Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global MV Protection Relay Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. MV Protection Relay Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global MV Protection Relay Demand Share Forecast, 2019-2026
9. North America MV Protection Relay Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America MV Protection Relay Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America MV Protection Relay Market Size and Volume Forecast by Application
9.4.1. Utilities
9.4.2. Industrial
9.4.3. Commercial and Institutional
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America MV Protection Relay Market Size and Volume Forecast by Type
9.7.1. Electromechanical & Static Relay
9.7.2. Digital & Numerical Relay
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America MV Protection Relay Demand Share Forecast, 2019-2026
10. Latin America MV Protection Relay Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America MV Protection Relay Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America MV Protection Relay Market Size and Volume Forecast by Application
10.4.1. Utilities
10.4.2. Industrial
10.4.3. Commercial and Institutional
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America MV Protection Relay Market Size and Volume Forecast by Type
10.7.1. Electromechanical & Static Relay
10.7.2. Digital & Numerical Relay
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America MV Protection Relay Demand Share Forecast, 2019-2026
11. Europe MV Protection Relay Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe MV Protection Relay Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe MV Protection Relay Market Size and Volume Forecast by Application
11.4.1. Utilities
11.4.2. Industrial
11.4.3. Commercial and Institutional
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe MV Protection Relay Market Size and Volume Forecast by Type
11.7.1. Electromechanical & Static Relay
11.7.2. Digital & Numerical Relay
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe MV Protection Relay Demand Share, 2019-2026
12. Asia Pacific MV Protection Relay Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific MV Protection Relay Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific MV Protection Relay Market Size and Volume Forecast by Application
12.4.1. Utilities
12.4.2. Industrial
12.4.3. Commercial and Institutional
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific MV Protection Relay Market Size and Volume Forecast by Type
12.7.1. Electromechanical & Static Relay
12.7.2. Digital & Numerical Relay
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific MV Protection Relay Demand Share, 2019-2026
13. Middle East & Africa MV Protection Relay Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa MV Protection Relay Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa MV Protection Relay Market Size and Volume Forecast by Application
13.4.1. Utilities
13.4.2. Industrial
13.4.3. Commercial and Institutional
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa MV Protection Relay Market Size and Volume Forecast by Type
13.7.1. Electromechanical & Static Relay
13.7.2. Digital & Numerical Relay
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa MV Protection Relay Demand Share, 2019-2026
14. Competition Landscape
14.1. Global MV Protection Relay Market: Market Share Analysis
14.2. MV Protection Relay Distributors and Customers
14.3. MV Protection Relay Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GE
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rockwell
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eaton
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitsubishi Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Schweitzer Engineering Laboratories
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Larsen & Toubro (L&T)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toshiba
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Terasaki
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fanox
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Powell Industries
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Woodward
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Solcon Industries
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook