Global Protective Relay Market Information by Voltage Range (High, Medium, Low), by Type (Feeder, Transmission Line, Motor, Transformer, Generator, and Others), by End User (Utility, Industrial, and Others) Marine, Renewable, Utilities), and Region - Forecast to 2027
The Protective relay market is expected to register a CAGR of around 6% during the forecast period. Ongoing Substation Automation projects are expected to induce growth in the Protective Relay ... Read more
The protective relay market is projected to reach USD 4.54 billion by 2021, growing at a CAGR of 6.5% during the forecast period. The increasing investments in transmission & distribution infrastructure—including substations—and transmission & distribution lines, coupled with the increasing urbanization in developing nations, have propelled the growth of the protective relay market. ... Read more