Title: 2019 Protective Relay Market
1Protective Relay Market by Type (High, Medium,
and Low Voltage), by Application (Utilities,
Industries), and by Product Category (Feeder
Protection, Transmission Line Distance, Motor
Protection, Transformer Protection) Global
Trends and Forecasts to 2019
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2Protective Relay Market by Type
- This report estimates the protective relays
market in terms of revenue (millions). This has
been broken down into component regions and is
further split into countries. - Protective relays are the integral part of the
circuit protection system in the power market.
Protective relays ensure normal operation of the
components of an electric circuit. The basic
function of these relays is to prompt the
switching device to remove the element from the
circuit, when it suffers a short circuit or when
the operational parameters vary from the normal.
Relays are generally paired with circuit breakers
(which also act as switching devices). These are
activated by the relays upon sensing the fault. - Circuit breakers are positioned in a manner such
that the equipment such as generator,
transformer, bus, or transmission lines can be
completely disconnected from the rest of the
system in order to protect them
3Protective Relay Market by Type
- The studyhas profiled leading players of the
industry, along with their recent developments
and other strategic industry activities. Some of
the key companies profiles include ABB Ltd.
(Switzerland), Siemens AG (Germany), Eaton
Corporation (Ireland), SEL Inc. (U.S.)Schneider
Electric SE (France), Mitsubishi Electric
Corporation (Japan), and others. - Asia-Pacific leads the market for the protective
relay globally with biggest market share and is
expected to grow with the highest CAGR among the
other regions. This growth is attributed to the
growing industrialization and urbanization in the
market. There is also a good replacement market
for the relays in the developed regions like
North America and Europe. - Inquire before buying this report _at_
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before-buying?rname231277 .
4Protective Relay Market by Type
- Protective relays are preferred over other
protective devices (such as fuse) because of
their features that make them more reliable.
Relays are selected for a particular application
on the basis of following parameters - Size Relay selection depends on the area of
deployment of the device. If there are size
constraints, smaller relays are preferred and
they may be expensive as compared to their larger
counterparts - Flexibility It is the property of relays that
allows the usage of the device for different
purposes with minor modifications in the software - Reliability Relays protect equipment worth
millions hence, the selection varies with the
value of the equipment to be protected. Expensive
equipment requires highly reliable relays that
can ensure optimized and consistent protection - Complete report is available _at_ http//www.rnrmarke
tresearch.com/protective-relay-market-by-type-high
-medium-and-low-voltage-by-application-utilities-i
ndustries-and-by-product-category-feeder-protectio
n-transmission-line-distance-motor-protection-tran
s-market-report.html .
5Protective Relay Market by Type
- Table of Contents
- 1 Introduction1.1. Objectives of the Study1.2.
Report Description1.3. Markets Covered1.4.
Stakeholders1.5. Market Scope - 2 Research Methodology
- 3 Executive Summary
- 4 Premium Insights
- 5 Market Overview
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6Protective Relay Market by Type
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