Table of Content




1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 DEFINITION 19
1.2.1 PROTECTIVE RELAY MARKET, BY VOLTAGE RANGE: INCLUSIONS & EXCLUSIONS 20
1.2.2 PROTECTIVE RELAY MARKET, BY END-USER: INCLUSIONS & EXCLUSIONS 20
1.3 MARKET SCOPE 20
1.3.1 MARKETS COVERED 20
1.3.2 REGIONAL SCOPE 21
1.3.3 YEARS CONSIDERED FOR THE STUDY 21
1.4 CURRENCY 22
1.5 LIMITATIONS 22
1.6 STAKEHOLDERS 22

2 RESEARCH METHODOLOGY 23
2.1 RESEARCH DATA 23
2.1.1 SECONDARY DATA 24
2.1.1.1 Key data from secondary sources 24
2.1.2 PRIMARY DATA 25
2.1.2.1 Key data from primary sources 25
2.1.2.2 Breakdown of primaries 26
2.2 SCOPE 26
2.3 MARKET SIZE ESTIMATION 27
2.3.1 DEMAND-SIDE ANALYSIS 27
2.3.1.1 Calculation 28
2.3.1.2 Assumptions 28
2.3.2 SUPPLY-SIDE ANALYSIS 29
2.3.2.1 Calculation 29
2.3.2.2 Assumptions 30
2.3.3 FORECAST 30
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 31
2.5 PRIMARY INSIGHTS 32

3 EXECUTIVE SUMMARY 33

4 PREMIUM INSIGHTS 38
4.1 ATTRACTIVE OPPORTUNITIES IN THE PROTECTIVE RELAY MARKET 38
4.2 PROTECTIVE RELAY MARKET (VALUE), BY REGION 39
4.3 PROTECTIVE RELAY MARKET, BY VOLTAGE 39
4.4 PROTECTIVE RELAY MARKET, BY TECHNOLOGY 40
4.5 PROTECTIVE RELAY MARKET, BY APPLICATION 40
4.6 PROTECTIVE RELAY MARKET, BY END-USER 41

5 MARKET OVERVIEW 42
5.1 INTRODUCTION 42
5.2 MARKET DYNAMICS 42
5.2.1 DRIVERS 43
5.2.1.1 Increase in renewable capacity additions 43
5.2.1.2 Adoption of IEC 61850 standard for substation automation 43
5.2.1.3 Replacement of old electromechanical and static relays with new numeric relays 44
5.2.2 RESTRAINTS 44
5.2.2.1 Increasing competition from the unorganized sector 44
5.2.2.2 Lack of investment in grid stability in developing countries 44
5.2.3 OPPORTUNITIES 44
5.2.3.1 Increasing power demand and investments in smart grid infrastructure 44
5.2.3.2 Changing face of the Middle Eastern manufacturing industry 45
5.2.4 CHALLENGES 45
5.2.4.1 Cybersecurity of numerical relays 45
5.2.4.2 COVID-19 outbreak 45

6 PROTECTIVE RELAY MARKET, BY TECHNOLOGY 47
6.1 INTRODUCTION 48
6.2 DIGITAL & NUMERIC RELAY 49
6.2.1 INCREASED FOCUS ON SUBSTATION AUTOMATION AND SMART GRID IS EXPECTED DRIVE THE MARKET 49
6.3 ELECTROMECHANICAL & STATIC RELAY 50
6.3.1 CONTINUED APPLICATION IN HARSH ENVIRONMENT AND REPLACING OLDER RELAYS ARE EXPECTED TO DRIVE THE MARKET SEGMENT 50

7 PROTECTIVE RELAY MARKET, BY VOLTAGE 51
7.1 INTRODUCTION 52
7.2 LOW VOLTAGE 53
7.2.1 COVID-19 OUTBREAK IS EXPECTED SLOWDOWN THE LOW VOLTAGE PROTECTIVE RELAY MARKET IN 2020 53
7.3 MEDIUM VOLTAGE 54
7.3.1 INCREASED ELECTRICITY UTILITY ACTIVITY IS EXPECTED TO DRIVE THE MEDIUM VOLTAGE SEGMENT 54
7.4 HIGH- VOLTAGE 55
7.4.1 NEW TRANSMISSION LINE PROJECTS IN ASIA PACIFIC ARE EXPECTED TO DRIVE THE SEGMENT 55

8 PROTECTIVE RELAY MARKET , BY APPLICATION 56
8.1 INTRODUCTION 57
8.2 GENERATOR 58
8.2.1 GLOBAL INCREASE IN WIND POWER GENERATION CAPACITY IS EXPECTED TO DRIVE THE SEGMENT 58
8.3 TRANSMISSION LINE 58
8.3.1 INVESTMENT IN SMART GRID IS LIKELY TO DRIVE THE SEGMENT 58
8.4 BUSBAR 59
8.4.1 ELECTRICAL UTILITY INFRASTRUCTURE DEVELOPMENT IS LIKELY TO DRIVE THE SEGMENT 59
8.5 TRANSFORMER 60
8.5.1 INCREASED FOCUS ON SUBSTATION AUTOMATION IN ASIA PACIFIC WILL DRIVE THE MARKET 60
8.6 FEEDER 60
8.6.1 INCREASED ELECTRICAL INFRASTRUCTURE AND INDUSTRIAL ACTIVITIES WILL DRIVE THE MARKET 60
8.7 MOTOR 61
8.7.1 SLOWDOWN IN NON-ESSENTIAL MANUFACTURING DUE TO COVID-19 PANDEMIC WILL ADVERSELY AFFECT THE SEGMENT IN SHORT TERM 61
8.8 OTHERS 62
8.8.1 INCREASED SUBSTATION ACTIVITY WILL BOOST THE MARKET GROWTH 62

9 PROTECTIVE RELAY MARKET, BY END-USER 63
9.1 INTRODUCTION 64
9.2 UTILITIES 65
9.2.1 EXPANSION OF TRANSMISSION AND DISTRIBUTION NETWORK DUE TO GROWING UN-INTERRUPTED POWER SUPPLY TO THE END-USERS IS LIKELY TO PROTECTIVE RELAY MARKET GROWTH 65
9.3 INDUSTRIAL 65
9.3.1 GROWTH IN INDUSTRIAL SECTORS IS EXPECTED TO DRIVE MARKET FOR PROTECTIVE RELAY 65
9.4 RAILWAYS 66
9.4.1 GROWING INVESTMENTS IN RAILWAYS & METROS LIKELY TO PROPEL DEMAND FOR PROTECTIVE RELAY 66
9.5 OTHERS 67
9.5.1 COVID 19 OUTBREAK, ADVERSELY AFFECT THE PROTECTIVE RELAY MARKET IN COMMERCIAL SECTOR 67

10 PROTECTIVE RELAY MARKET, BY REGION 68
10.1 INTRODUCTION 69
10.2 NORTH AMERICA 70
10.2.1 BY VOLTAGE 71
10.2.2 BY TECHNOLOGY 72
10.2.3 BY APPLICATION 72
10.2.4 BY END-USER 72
10.2.5 BY COUNTRY 73
10.2.5.1 US 73
10.2.5.1.1 Increasing investment in electrical infrastructure upgrades is expected to drive the demand for protective relay market 73
10.2.5.2 Canada 74
10.2.5.2.1 Investment in electricity utility upgrade is expected to drive this market 74
10.2.5.3 Mexico 76
10.2.5.3.1 Utilities segment is expected to dominate the protective relay market during the forecast period 76
10.3 EUROPE 77
10.3.1 BY VOLTAGE 77
10.3.2 BY TECHNOLOGY 78
10.3.3 BY APPLICATION 78
10.3.4 BY END-USER 78
10.3.5 BY COUNTRY 79
10.3.5.1 UK 79
10.3.5.1.1 Growing investments in electrical infrastructure to offer growth opportunities for the protective relay market 79
10.3.5.2 Germany 80
10.3.5.2.1 Renewable energy capacity developments are driving the protective relay market 80
10.3.5.3 Italy 82
10.3.5.3.1 Investments in utility and railways are likely to drive the market 82
10.3.5.4 France 83
10.3.5.4.1 Increasing investments in renewable energy likely to boost the demand for protective relay 83
10.3.5.5 Spain 84
10.3.5.5.1 Increasing investments in renewable energy and Infrastructure likely to boost the demand for protective relay 84
10.4 ASIA PACIFIC 85
10.4.1 BY VOLTAGE 86
10.4.2 BY TECHNOLOGY 87
10.4.3 BY APPLICATION 87
10.4.4 BY END-USER 87
10.4.5 BY COUNTRY 88
10.4.5.1 China 88
10.4.5.1.1 Strong growth in the energy and manufacturing sectors is driving the protective relay market 88
10.4.5.2 India 89
10.4.5.2.1 Increased power generation and growth in the manufacturing sector are likely to drive the market 89
10.4.5.3 Japan 91
10.4.5.3.1 Government initiatives to boost renewable energy generation would boost the protective relay market 91
10.4.5.4 Australia 92
10.4.5.4.1 Increasing investments in clean energy and infrastructure development projects would drive the protective relay market 92
10.4.5.5 South Korea 93
10.4.5.5.1 Increased power generation using renewables and growth in the manufacturing sector are likely to drive the market 93
10.5 SOUTH AMERICA 94
10.5.1 BY VOLTAGE 95
10.5.2 BY TECHNOLOGY 95
10.5.3 BY APPLICATION 95
10.5.4 BY END-USER 96
10.5.5 BY COUNTRY 96
10.5.5.1 Brazil 96
10.5.5.1.1 Robust T&D projects are likely to boost the protective relay market 96
10.5.5.2 Argentina 98
10.5.5.2.1 Government initiatives to boost renewable energy generation would boost the protective relay market 98
10.6 MIDDLE EAST & AFRICA 99
10.6.1 BY VOLTAGE 99
10.6.2 BY TECHNOLOGY 100
10.6.3 BY APPLICATION 100
10.6.4 BY END-USER 100
10.6.5 BY COUNTRY 101
10.6.5.1 Saudi Arabia 101
10.6.5.1.1 Focus on diversified electricity generation and infrastructure projects is expected to drive the market 101
10.6.5.2 UAE 102
10.6.5.2.1 Government initiatives promoting renewable energy are expected to drive the market 102
10.6.5.3 Qatar 104
10.6.5.3.1 Utility sector is expected to drive the protective relay market in Qatar 104
10.6.5.4 Egypt 105
10.6.5.4.1 Focus on upgrading the infrastructure is expected to drive the market 105
10.6.5.5 South Africa 106
10.6.5.5.1 Utility sector is expected to drive the protective relay market in South Africa 106
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11 COMPETITIVE LANDSCAPE 108
11.1 OVERVIEW 108
11.2 COMPETITIVE LEADERSHIP MAPPING (OVERALL MARKET) 110
11.2.1 VISIONARY LEADERS 110
11.2.2 INNOVATORS 110
11.2.3 DYNAMIC DIFFERENTIATORS 110
11.2.4 EMERGING 110
11.3 MARKET SHARE, 2019 111
11.4 COMPETITIVE SCENARIO 112
11.4.1 NEW PRODUCT LAUNCHES 112
11.4.2 INVESTMENTS & EXPANSIONS 113
11.4.3 MERGER & ACQUISITIONS 113
11.4.4 CONTRACTS & AGREEMENTS 113
11.4.5 OTHERS 114
12 COMPANY PROFILES 115
(Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view)*
12.1 SCHNEIDER ELECTRIC 115
12.2 ABB 119
12.3 SIEMENS 123
12.4 GENERAL ELECTRIC 127
12.5 SCHWEITZER ENGINEERING LABORATORIES 133
12.6 EATON 136
12.7 LARSEN & TOUBRO 138
12.8 NR ELECTRIC 140
12.9 MITSUBISHI ELECTRIC 142
12.10 TOSHIBA 144
12.11 CG POWER AND INDUSTRIAL SOLUTIONS 146
12.12 ZIV APLICACIONES Y TECNOLOGIA 148
12.13 BASLER ELECTRIC 150
12.14 FANOX ELECTRONIC 152
12.15 ORION ITALIA 154
12.16 WOODWARD 155
12.17 ASHIDA ELECTRONICS 155
12.18 LITTELFUSE 156
12.19 ROCKWELL 156
12.20 SOLCON 157
*Details on Business overview, Products offered, Recent Developments, SWOT Analysis, MNM view might not be captured in case of unlisted companies.
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13 APPENDIX 158
13.1 INSIGHTS OF INDUSTRY EXPERTS 158
13.2 DISCUSSION GUIDE 159
13.3 KNOWLEDGE STORE 162
13.4 AVAILABLE CUSTOMIZATIONS 164
13.5 RELATED REPORTS 164
13.6 AUTHOR DETAILS 165



List of Figures



FIGURE 1 PROTECTIVE RELAY MARKET: RESEARCH DESIGN 23
FIGURE 2 MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING THE DEMAND FOR THE PROTECTIVE RELAYS MARKET 27
FIGURE 3 PROTECTIVE RELAY MARKET: SUPPLY-SIDE ANALYSIS 29
FIGURE 4 DATA TRIANGULATION METHODOLOGY 31
FIGURE 5 KEY SERVICE PROVIDERS’ POINT OF VIEW 32
FIGURE 6 LOW VOLTAGE SEGMENT IS EXPECTED TO DOMINATE THE PROTECTIVE RELAY MARKET, BY VOLTAGE, DURING THE FORECAST PERIOD 34
FIGURE 7 DIGITAL & NUMERIC RELAY SEGMENT OF THE PROTECTIVE RELAY MARKET BY TECHNOLOGY, IS EXPECTED TO DOMINATE DURING THE FORECAST PERIOD 35
FIGURE 8 TRANSFORMER IS EXPECTED TO HOLD THE LARGEST SHARE OF THE PROTECTIVE RELAY MARKET, BY APPLICATION, DURING THE FORECAST PERIOD 35
FIGURE 9 UTILITIES IS EXPECTED TO HOLD THE LARGEST SHARE OF THE PROTECTIVE RELAY MARKET, BY END-USER, DURING THE FORECAST PERIOD 36
FIGURE 10 ASIA PACIFIC DOMINATED THE PROTECTIVE RELAY MARKET IN 2019 37
FIGURE 11 GROWING POWER REQUIREMENTS AND UPGRADING OF AGING ELECTRICAL INFRASTRUCTURE ARE EXPECTED TO DRIVE THE PROTECTIVE RELAY MARKET, 2020–2025 38
FIGURE 12 PROTECTIVE RELAY MARKET IN ASIA PACIFIC IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 39
FIGURE 13 LOW VOLTAGE SEGMENT DOMINATED THE PROTECTIVE RELAY MARKET BY VOLTAGE, IN 2019 39
FIGURE 14 NUMERIC & DIGITAL SEGMENT DOMINATED THE PROTECTIVE RELAY MARKET BY TECHNOLOGY, IN 2019 40
FIGURE 15 TRANSFORMER SEGMENT DOMINATED THE PROTECTIVE RELAY MARKET BY APPLICATION, IN 2019 40
FIGURE 16 UTILITIES SEGMENT DOMINATED THE PROTECTIVE RELAY MARKET BY END-USER, IN 2019 41
FIGURE 17 PROTECTIVE RELAY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES 42
FIGURE 18 RENEWABLE CAPACITY ADDITION BETWEEN 2019-2024 (GW) 43
FIGURE 19 PROTECTIVE RELAY MARKET (VALUE), BY TECHNOLOGY, 2019 48
FIGURE 20 PROTECTIVE RELAY MARKET (VALUE), BY VOLTAGE, 2019 52
FIGURE 21 PROTECTIVE RELAY MARKET (VALUE), BY APPLICATION, 2019 57
FIGURE 22 PROTECTIVE RELAY MARKET (VALUE), BY END-USER, 2019 64
FIGURE 23 REGIONAL SNAPSHOT: ASIA PACIFIC PROTECTIVE RELAY MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 69
FIGURE 24 PROTECTIVE RELAY MARKET SHARE (VALUE), BY REGION, 2019 69
FIGURE 25 NORTH AMERICA: MARKET SNAPSHOT 71
FIGURE 26 ASIA PACIFIC: MARKET SNAPSHOT 86
FIGURE 27 KEY DEVELOPMENTS IN THE PROTECTIVE RELAY MARKET, 2017–2019 109
FIGURE 28 COMPETITIVE LEADERSHIP MAPPING (OVERALL MARKET) 111
FIGURE 29 ABB LED THE PROTECTIVE RELAY MARKET IN 2019 112
FIGURE 30 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 115
FIGURE 31 SCHNEIDER ELECTRIC: SWOT ANALYSIS 118
FIGURE 32 ABB: COMPANY SNAPSHOT 119
FIGURE 33 ABB: SWOT ANALYSIS 122
FIGURE 34 SIEMENS: COMPANY SNAPSHOT 123
FIGURE 35 SIEMENS: SWOT ANALYSIS 126
FIGURE 36 GENERAL ELECTRIC: COMPANY SNAPSHOT 127
FIGURE 37 GENERAL ELECTRIC: SWOT ANALYSIS 131
FIGURE 38 SCHWEITZER ENGINEERING LABORATORIES: SWOT ANALYSIS 135
FIGURE 39 EATON: COMPANY SNAPSHOT 136
FIGURE 40 LARSEN & TOUBRO: COMPANY SNAPSHOT 138
FIGURE 41 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT 142
FIGURE 42 TOSHIBA: COMPANY SNAPSHOT 144
FIGURE 43 CG POWER AND INDUSTRIAL SOLUTIONS: COMPANY SNAPSHOT 146

 

List of Tables



TABLE 1 PROTECTIVE RELAY MARKET SNAPSHOT 33
TABLE 2 COUNTRY WISE PERCENTAGE DEVIATION FROM BENCHMARKS DUE
TO COVID-19 PANDEMIC 46
TABLE 3 PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION) 48
TABLE 4 DIGITAL & NUMERIC RELAY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 49
TABLE 5 ELECTROMECHANICAL & STATIC RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 50
TABLE 6 PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION) 52
TABLE 7 LOW VOLTAGE PROTECTIVE RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 53
TABLE 8 MEDIUM VOLTAGE PROTECTIVE RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 54
TABLE 9 HIGH VOLTAGE PROTECTIVE RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 55
TABLE 10 PROTECTIVE RELAY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 57
TABLE 11 GENERATOR: PROTECTIVE RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 58
TABLE 12 TRANSMISSION LINE: PROTECTIVE RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 59
TABLE 13 BUSBAR: PROTECTION RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 59
TABLE 14 TRANSFORMER: PROTECTION RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 60
TABLE 15 FEEDER: PROTECTION RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 61
TABLE 16 MOTOR: PROTECTION RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 61
TABLE 17 OTHERS: PROTECTION RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 62
TABLE 18 PROTECTIVE RELAY MARKET SIZE, BY END-USER, 2018–2025 (USD MILLION) 64
TABLE 19 UTILITIES: PROTECTIVE RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 65
TABLE 20 INDUSTRIAL: PROTECTIVE RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 66
TABLE 21 RAILWAYS: PROTECTIVE RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 66
TABLE 22 OTHERS: PROTECTIVE RELAY MARKET SIZE, BY REGION 2018–2025 (USD MILLION) 67
TABLE 23 PROTECTIVE RELAY MARKET SIZE, BY REGION, 2018–2025 (UNITS IN THOUSAND) 70
TABLE 24 PROTECTIVE RELAY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 70
TABLE 25 NORTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 71
TABLE 26 NORTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 72
TABLE 27 NORTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION 2018–2025 (USD MILLION) 72
TABLE 28 NORTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD MILLION) 72
TABLE 29 NORTH AMERICA: PROTECTIVE RELAY MARKET, BY COUNTRY 2018–2025 (USD MILLION) 73
TABLE 30 US: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION) 73
TABLE 31 US: PROTECTION RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 74
TABLE 32 US: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 74
TABLE 33 CANADA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 75
TABLE 34 CANADA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 75
TABLE 35 CANADA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 75
TABLE 36 MEXICO: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 76
TABLE 37 MEXICO: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 76
TABLE 38 MEXICO: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 77
TABLE 39 EUROPE: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 77
TABLE 40 EUROPE: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 78
TABLE 41 EUROPE: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION 2018–2025 (USD MILLION) 78
TABLE 42 EUROPE: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD MILLION) 78
TABLE 43 EUROPE: PROTECTIVE RELAY MARKET SIZE, BY COUNTRY 2018–2025 (USD MILLION) 79
TABLE 44 UK: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION) 79
TABLE 45 UK: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 80
TABLE 46 UK: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 80
TABLE 47 GERMANY: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 81
TABLE 48 GERMANY: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 81
TABLE 49 GERMANY: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 81
TABLE 50 ITALY: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION) 82
TABLE 51 ITALY: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 82
TABLE 52 ITALY: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 83
TABLE 53 FRANCE: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 83
TABLE 54 FRANCE: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 84
TABLE 55 FRANCE: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 84
TABLE 56 SPAIN: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 84
TABLE 57 SPAIN: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY,
2018–2025 (USD MILLION) 85
TABLE 58 SPAIN: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 85
TABLE 59 ASIA PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 86
TABLE 60 ASIA PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 87
TABLE 61 ASIA PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION
2018–2025 (USD MILLION) 87
TABLE 62 ASIA PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY END-USER
2018–2025 (USD MILLION) 87
TABLE 63 ASIA PACIFIC: PROTECTIVE RELAY MARKET SIZE, BY COUNTRY 2018–2025 (USD MILLION) 88
TABLE 64 CHINA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 88
TABLE 65 CHINA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 89
TABLE 66 CHINA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 89
TABLE 67 INDIA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE, 2018–2025 (USD MILLION) 90
TABLE 68 INDIA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 90
TABLE 69 INDIA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 90
TABLE 70 JAPAN: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 91
TABLE 71 JAPAN: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 91
TABLE 72 JAPAN: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 91
TABLE 73 AUSTRALIA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 92
TABLE 74 AUSTRALIA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 92
TABLE 75 AUSTRALIA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 93
TABLE 76 SOUTH KOREA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 93
TABLE 77 SOUTH KOREA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 94
TABLE 78 SOUTH KOREA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 94
TABLE 79 SOUTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 95
TABLE 80 SOUTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD MILLION) 95
TABLE 81 SOUTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION 2018–2025 (USD MILLION) 95
TABLE 82 SOUTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD MILLION) 96
TABLE 83 SOUTH AMERICA: PROTECTIVE RELAY MARKET SIZE, BY COUNTRY 2018–2025 (USD MILLION) 96
TABLE 84 BRAZIL: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD THOUSAND) 97
TABLE 85 BRAZIL: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD THOUSAND) 97
TABLE 86 BRAZIL: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 97
TABLE 87 ARGENTINA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD THOUSAND) 98
TABLE 88 ARGENTINA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD THOUSAND) 98
TABLE 89 ARGENTINA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 99
TABLE 90 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD MILLION) 99
TABLE 91 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY, 2018–2025 (USD MILLION) 100
TABLE 92 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 100
TABLE 93 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD MILLION) 100
TABLE 94 MIDDLE EAST & AFRICA: PROTECTIVE RELAY MARKET SIZE, BY COUNTRY 2018–2025 (USD MILLION) 101
TABLE 95 SAUDI ARABIA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD THOUSAND) 101
TABLE 96 SAUDI ARABIA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD THOUSAND) 102
TABLE 97 SAUDI ARABIA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 102
TABLE 98 UAE: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD THOUSAND) 103
TABLE 99 UAE: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD THOUSAND) 103
TABLE 100 UAE: PROTECTIVE RELAY MARKET SIZE , BY END-USER 2018–2025 (USD THOUSAND) 103
TABLE 101 QATAR: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD THOUSAND) 104
TABLE 102 QATAR: PROTECTIVE RELAY MARKET SIZE MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD THOUSAND) 104
TABLE 103 QATAR: PROTECTIVE RELAY MARKET SIZE MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 105
TABLE 104 EGYPT: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD THOUSAND) 105
TABLE 105 EGYPT: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD THOUSAND) 106
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TABLE 106 EGYPT: PROTECTIVE RELAY MARKET SIZE, MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 106
TABLE 107 SOUTH AFRICA: PROTECTIVE RELAY MARKET SIZE, BY VOLTAGE 2018–2025 (USD THOUSAND) 107
TABLE 108 SOUTH AFRICA: PROTECTIVE RELAY MARKET SIZE, BY TECHNOLOGY 2018–2025 (USD THOUSAND) 107
TABLE 109 SOUTH AFRICA: PROTECTIVE RELAY MARKET SIZE, BY END-USER 2018–2025 (USD THOUSAND) 107