Global Motor Protection Relays Market Size and Forecast to 2021 – 2027 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Motor Protection Relays data that enhances the understanding, scope, and application of this report.
The study includes market share analysis and profiles of players such as– ABB, GE, Eaton, Schneider Electric, Omron, Siemens, Rockwell Automation, Mitsubishi Electric, Larsen & Toubro, Fanox, Toshiba, Schweitzer Engineering Laboratories (SEL), Littelfuse, CHINT, Basler Electric, NR Electric, LOVATO Electric, Minilec Group, PBSI Group, NewElec, C&S Electric, Ashida Electronics.
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The Motor protective relay market was valued at USD 4.73 billion in 2020 and is expected to reach a value of USD 5.98 billion by 2027, at an estimated CAGR of 6.2% over the forecast period 2021- 2027.
This report segments the global Motor Protection Relays market on the basis of Types are:
Power Industry
Automotive Industry
Metals & Mining
Water & Wastewater
Food & Beverages
Infrastructure (Residential & Commercial)
Others
On the basis of Application, the Global Motor Protection Relays market is segmented into:
Single-Phase Motor Protection Relays
Three-Phase Motor Protection Relays
Industry New:
March 2020 – ABB upgraded REX640 protection relay that enhances communication security and flexibility in advanced power generation and distribution applications. REX640 supports a variety of communication protocols, such as IEC 60870-5-104 for power system automation. IEC 60870-5-104 allows easy and direct connection to an upper-level system, such as SCADA (Supervisory Control and Data Acquisition), without any gateway.
November 2018 – Littelfuse Inc. completed the acquisition of Monolith Semiconductor Inc., a start-up company based in Round Rock, Texas that specializes in the development of silicon carbide (Silicon carbide is a semiconductor material that enables power devices to operate at higher switching frequencies and temperatures versus conventional silicon.) power device technology. This acquisition will help Littelfuse Inc to serve the growing power electronics market
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Motor Protection Relays market.
The regional analysis is exclusively focused in the report:
– North America (United States, Canada and Mexico),
– Europe (Germany, France, UK, Russia and Italy),
– Asia-Pacific (China, Japan, Korea, India and Southeast Asia),
– South America (Brazil, Argentina, etc.),
– Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)
Browse the report description and TOC:
The study objectives of this report are:
- To study and analyze the global Motor Protection Relays size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2026, and forecast to 2027.
- To understand the structure of Motor Protection Relays by identifying its various sub-segments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global Motor Protection Relays manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Motor Protection Relays with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Motor Protection Relays submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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