Market Forecast By Voltage (Low Voltage Protective Relay, Medium Voltage Protective Relay, High Voltage Protective Relay), By Applications (Feeder Protection, Transmission Line Protection, Transformer Protection, Motor Protection & Others), By End Users (Industrial, Power Utilities & Other), By Countries (India, Japan, China, Australia, Thailand, Indonesia, Malaysia & Rest of Asia Pacific Region) and competitive landscape
Product Code: ETC002138 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific protective relay market has registered high growth on account of growing government investment for the expansion of transmission and distribution lines in the region. Moreover, the growing demand for renewable energy power plants and increasing government plans for off-site grid connectivity would lead to further growth in the demand for protective relays to avoid any damage due to grid failure over the forthcoming years.
According to 6Wresearch, Asia Pacific (APAC) Protective Relay Market size is anticipated to register growth during 2020-26. The Asia Pacific market is expected to register a decline in demand during 2020, due to the global pandemic COVID-19, which has affected the economic growth in the region. The COVID -19 pandemic in the region has led to a complete lockdown during the first half of 2020, resulting in the economic slowdown leading to a halt in various infrastructure development projects. However, the market is expected to regain momentum by the first half of 2021 owing to the projected increase in investment in the construction sector along with expanding manufacturing and industrial sectors in the region.
India and China together accounted for a leading share of market revenues owing to the growing electricity consumption in the countries. India is expected to increase is electricity consumption by over 5% during the next ten years. With the increasing government investment for the smart grid projects along with the expansion of transmission and distribution lines in the region, the deployment of the protective relays market is expected to register further growth.
The Asia Pacific Protective Relay market report thoroughly covers the market by voltage, end-users, applications, and key countries including India, China, Japan, Australia, Thailand, Indonesia, Malaysia, and the Rest of Asia Pacific region The Asia Pacific Protective Relay market outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific Protective Relay market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific protective relay market is anticipated to register growth during the forecast period 2020-26F owing to increasing industrial expansion and distribution and transmission networks. Further, the fast growth of the renewable energy industry growth is another fueling factor for the Asia Pacific protective relay market in the upcoming six years. Based on voltage, the low to medium protective relay domain of the Asia Pacific protective relay market is anticipated to register the highest growth rate during the forecast period owing to an increase in the household construction and rising demand projections for the installation of protective relays in buildings and residential units. Based on end-users, the power utility sector accounted for a leading share of market revenue pie owing to the high deployment of protective relays along with circuit breakers. Moreover, with a spur in the construction activities coupled with concerns regarding safety measures to be adopted to carry forward sound construction activities is expected to propel the demand for protective relay units in the Asia Pacific in the coming years.
Key Highlights of the Report:
Markets Covered
The Asia Pacific Protective Relay Market report provides a detailed analysis of the following market segments:
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1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Asia Pacific Protective Relay Market Overview |
3.1 Asia Pacific Protective Relay Market Revenues, 2016-2026F |
3.2 Asia Pacific Protective Relay Market Revenue Share, By Voltage, 2019 & 2026F |
3.3 Asia Pacific Protective Relay Market Revenue Share, By End Users, 2019 & 2026F |
3.4 Asia Pacific Protective Relay Market Revenue Share, By Applications, 2019 & 2026F |
3.5 Asia Pacific Protective Relay Market Revenue Share, By Countries, 2019 & 2026F |
3.6 Asia Pacific Protective Relay Market Industry Life Cycle |
3.7 Asia Pacific Protective Relay Market- Porter’s Five Forces |
4. Asia Pacific Protective Relay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Asia Pacific Protective Relay Market Trends |
6. Asia Pacific Protective Relay Market Overview, By Voltage |
6.1 Asia Pacific Low Voltage Protective Relay Market Revenues, 2016-2026F |
6.2 Asia Pacific Medium Voltage Protective Relay Market Revenues, 2016-2026F |
6.3 Asia Pacific High Voltage Protective Relay Market Revenues, 2016-2026F |
7. Asia Pacific Protective Relay Market Overview, By End Users |
7.1 Asia Pacific Protective Relay Market Revenues, By Industrial, 2016-2026F |
7.2 Asia Pacific Protective Relay Market Revenues, By Power Utilities, 2016-2026F |
7.3 Asia Pacific Protective Relay Market Revenues, By Others, 2016-2026F |
8. Asia Pacific Protective Relay Market Overview, By Applications |
8.1 Asia Pacific Protective Relay Market Revenues, By Feeder Protection, 2016-2026F |
8.2 Asia Pacific Protective Relay Market Revenues, By Transmission Line Protection, 2016-2026F |
8.3 Asia Pacific Protective Relay Market Revenues, By Transformer Protection, 2016-2026F |
8.4 Asia Pacific Protective Relay Market Revenues, By Motor Protection, 2016-2026F |
8.5 Asia Pacific Protective Relay Market Revenues, By Others, 2016-2026F |
9. Thailand Protective Relay Market Overview |
9.1 Thailand Protective Relay Market Revenues, 2016-2026F |
9.2 Thailand Protective Relay Market Revenues, By Voltage, 2016-2026F |
9.3 Thailand Protective Relay Market Revenues, By End Users, 2016-2026F |
9.4 Thailand Protective Relay Market Revenues, By Applications, 2016-2026F |
10. India Protective Relay Market Overview |
10.1 India Protective Relay Market Revenues, 2016-2026F |
10.2 India Protective Relay Market Revenues, By Voltage, 2016-2026F |
10.3 India Protective Relay Market Revenues, By End Users, 2016-2026F |
10.4 India Protective Relay Market Revenues, By Applications, 2016-2026F |
11. China Protective Relay Market Overview |
11.1 China Protective Relay Market Revenues, 2016-2026F |
11.2 China Protective Relay Market Revenues, By Voltage, 2016-2026F |
11.3 China Protective Relay Market Revenues, By End Users, 2016-2026F |
11.4 China Protective Relay Market Revenues, By Applications, 2016-2026F |
12. Malaysia Protective Relay Market Overview |
12.1 Malaysia Protective Relay Market Revenues, 2016-2026F |
12.2 Malaysia Protective Relay Market Revenues, By Voltage, 2016-2026F |
12.3 Malaysia Protective Relay Market Revenues, By End Users, 2016-2026F |
12.4 Malaysia Protective Relay Market Revenues, By Applications, 2016-2026F |
13. Indonesia Protective Relay Market Overview |
13.1 Indonesia Protective Relay Market Revenues, 2016-2026F |
13.2 Indonesia Protective Relay Market Revenues, By Voltage, 2016-2026F |
13.3 Indonesia Protective Relay Market Revenues, By End Users, 2016-2026F |
13.4 Indonesia Protective Relay Market Revenues, By Applications, 2016-2026F |
14. Japan Protective Relay Market Overview |
14.1 Japan Protective Relay Market Revenues, 2016-2026F |
14.2 Japan Protective Relay Market Revenues, By Voltage, 2016-2026F |
14.3 Japan Protective Relay Market Revenues, By End Users, 2016-2026F |
14.4 Japan Protective Relay Market Revenues, By Applications, 2016-2026F |
15. Australia Protective Relay Market Overview |
15.1 Australia Protective Relay Market Revenues, 2016-2026F |
15.2 Australia Protective Relay Market Revenues, By Voltage, 2016-2026F |
15.3 Australia Protective Relay Market Revenues, By End Users, 2016-2026F |
15.4 Australia Protective Relay Market Revenues, By Applications, 2016-2026F |
16. Rest of Asia Pacific Protective Relay Market Overview |
16.1 Rest of Asia Pacific Protective Relay Market Revenues, 2016-2026F |
17. Asia Pacific Protective Relay Market Key Performance Indicators |
18. Asia Pacific Protective Relay Market Opportunity Assessment |
18.1 Asia Pacific Protective Relay Market Opportunity Assessment, By Voltage, 2026F |
18.2 Asia Pacific Protective Relay Market Opportunity Assessment, By End Users, 2026F |
18.3 Asia Pacific Protective Relay Market Opportunity Assessment, By Applications, 2026F |
19. Asia Pacific Protective Relay Market Competitive Landscape |
19.1 Asia Pacific Protective Relay Market Revenue Share, By Companies, 2019 |
19.1.1 Thailand Protective Relay Market Revenue Share, By Companies, 2019 |
19.1.2 Malaysia Protective Relay Market Revenue Share, By Companies, 2019 |
19.1.3 Indonesia Protective Relay Market Revenue Share, By Companies, 2019 |
19.1.4 Japan Protective Relay Market Revenue Share, By Companies, 2019 |
19.1.5 India Protective Relay Market Revenue Share, By Companies, 2019 |
19.1.6 China Protective Relay Market Revenue Share, By Companies, 2019 |
19.1.7 Australia Protective Relay Market Revenue Share, By Companies, 2019 |
19.2 Asia Pacific Protective Relay Market Competitive Benchmarking, By Operating Parameters |
20. Company Profiles |
21. Key Recommendations |
22. Disclaimer |