Industries > Energy > Global MV Protection Relay Market Report 2019-2029

Global MV Protection Relay Market Report 2019-2029

Analysis by Type (Electromechanical & Static Relay and Digital & Numerical Relay), by Connected Load (Feeder Lines, Transformers and Motors) and End User (Utilities and Industrial), Company and Country Analysis and Forecasts

PAGES: 254
PRODUCT CODE: ENE0212
SUBMARKET: Gas Oil

DOWNLOAD FREE SAMPLE
WOOCS 2.2.1
DOWNLOAD FREE SAMPLE
SKU: ENE0212 Categories: , , Tags: ,

Market Definition:
• MV Protection Relay is a medium voltage protective relay which signals the switching mechanism to operate once they detect the overcurrent or other abnormal or unacceptable condition
• The relays monitor sensor outputs and enable the breaker to operate to protect the system when preset limits are exceeded, hence the name “protective relays.

Market Overview and Trends
• In September 2018, Schneider Electric launched a new technology, 72.5kV switchgear for offshore wind farms. It’s application of Medium Voltage technology benefits over traditional 72.5kV equipment in ways of safety, configuration and operation
• The current 72.5kV was costly and intended for heavy and transmission purposes, the company developed a new generation of 72.5kV applicable to all high voltages standards but with the benefits of Medium voltage switch gear

Market Dynamics:

Factors Influencing the Market Growth:
• Increased expansion of Transmission & Distribution Networks
• Upgrading of Existing Substations and Feeder Line Protection
• Growth of the Renewable Industry

Factors Restraining the Market Growth:
• Lack of Investments from Governments in Grid Stability
• Increasing competition from the unorganized sector

Market Segmentation 2019-2029:

Type
• Electromechanical & Static Relay Systems Market, 2019-2029
• Digital & Numerical Relay Systems Market, 2019-2029

Connected Load
• Feeder Lines Market, 2019-2029
• Transformers Market, 2019-2029
• Motors Market, 2019-2029

End User
• Utilities Market, 2019-2029
– Power Generation
– Power Distribution
• Industrial Market, 2019-2029
– Oil & Gas
– Metal & Mining
– Chemical & Pharmaceutical
• Commercial & Institutional 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 and Africa Market, 2019-2029

Competitive Analysis:
• Companies are actively engaged in different developmental strategies in order to improve and increase their foothold in the global MV Protection Relay market.
• There have been a considerable number of product launches, product developments, mergers, and acquisitions recently in the global MV Protection Relay industry.

Major Market Players:
• Key company profiles such as ABB, Siemens, SCHNEIDER ELECTRIC, Rockwell, Eaton, Mitsubishi Electric, Schweitzer, Larsen & Toubro, Toshiba Corporation, Terasaki, Powell Industries, Woodward, Solcon, and General Electric

Visiongain is a trading partner with the US Federal Government
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

Download sample pages

Complete the form below to download your free sample pages for Global MV Protection Relay Market Report 2019-2029

    Download sample pages

    Complete the form below to download your free sample pages for Global MV Protection Relay Market Report 2019-2029

      Latest Energy news

      Visiongain Publishes Carbon Capture Utilisation and Storage (CCUS) Market Report 2024-2034

      The global carbon capture utilisation and storage (CCUS) market was valued at US$3.75 billion in 2023 and is projected to grow at a CAGR of 20.6% during the forecast period 2024-2034.

      19 April 2024

      READ

      Visiongain Publishes Liquid Biofuels Market Report 2024-2034

      The global Liquid Biofuels market was valued at US$90.7 billion in 2023 and is projected to grow at a CAGR of 6.7% during the forecast period 2024-2034.

      03 April 2024

      READ

      Visiongain Publishes Hydrogen Generation Market Report 2024-2034

      The global Hydrogen Generation market was valued at US$162.3 billion in 2023 and is projected to grow at a CAGR of 3.7% during the forecast period 2024-2034.

      28 March 2024

      READ

      Visiongain Publishes Biofuel Industry Market Report 2024-2034

      The global Biofuel Industry market was valued at US$123.2 billion in 2023 and is projected to grow at a CAGR of 7.6% during the forecast period 2024-2034.

      27 March 2024

      READ