Industries > Energy > Global Busbar Protection Market Report 2019-2029

Global Busbar Protection Market Report 2019-2029

Analysis by Voltage (Medium Voltage, High Voltage, Extra High Voltage), by Impedance (Low Impedance, High Impedance), by End User (Utilities, Industries, Transportation), Company and Country Analysis and Forecasts

PAGES: 302
PRODUCT CODE: ENE0200
SUBMARKET: Electric Power

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Market Definition:
• Busbar play a significant role in power transmission and distribution. It is employed as a central distribution point for all feeders.
• In the case of a fault, current on the busbar becomes high, resulting to mechanical destruction, which would affect all feeders.

Market Overview and Trends
• High speed operation, reliability and stability are the major parameters in terms of selecting a busbar protection.
• The second zone distance protection relays on incoming feeder, with operating time of 0.3 to 0.5 seconds have been applied for busbar protection.
• Extra high-voltage power transmission infrastructure transmits the power generated by Medium Voltage wind and solar plants.

Market Dynamics:

Factors Influencing the Market Growth:
• Significant rise in the investment to modernize the transmission & distribution infrastructure and surge in prominence on renewable energy sources across the globe are driving the busbar protection market.
• Expansion of digital protection relay is a major factor propelling the busbar protection market growth.
• Considerably growing per capita electricity consumption and development of digital protection infrastructure is further fuelling the market growth.

Factors Restraining the Market Growth:
• High capital investment
• Delay in grid expansion projects

Market Segmentation 2019-2029:

Voltage
• Medium Voltage Market, 2019-2029
• High Voltage Market, 2019-2029
• Extra High Voltage Market, 2019-2029

Impedance
• Low Impedance Market
• High Impedance Market

End User
• Utilities Market, 2019-2029
• Industries Market, 2019-2029
• Transportation Market, 2019-2029

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Middle East Market, 2019-2029
• Africa Market, 2019-2029

Competitive Analysis:
• Increased investments in smart grids and energy systems by the major key players.
• Companies are strategically expanding their global presence and offering improved busbar protection technology across various sectors.

Major Market Players:
• ABB, GE, Schneider Electric, Siemens, Mitsubishi Electric, Eaton Corporation Plc, Babcock & Wilcox Enterprises, Inc., Rosedale Products Inc., Basler Electric, and Erlphase Power Technologies is also provided in this report.

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CCR Ref number: KD4R6

Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

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