Market Forecast By Voltage (Low, Medium, High), By End-User (Utilities, Industrial, Railways, Others), By Technology (Electromechanical & Static Relay, Digital & Numerical Relay), By Application (Transmission line, Busbar, Transformer, Feeder, Generator, Motor, Others) And Competitive Landscape
Product Code: ETC269254 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Myanmar Protective Relay Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 0.54% in 2028, following an initial rate of -0.30%, before easing to 0.17% at the end of the period.
By 2027, Myanmar's Protective Relay market is forecasted to achieve a stable growth rate of 0.34%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
In the year 2021, Germany was the largest exporter in terms of value, followed by China. It has registered a decline of -9.39% over the previous year. While China registered a decline of -74.58% as compare to the previous year. In the year 2017 Rep. of Korea was the largest exporter followed by Germany. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Myanmar has the Herfindahl index of 1302 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of 3473 which signifies high concentration in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Myanmar Protective Relay Market Overview |
3.1 Myanmar Country Macro Economic Indicators |
3.2 Myanmar Protective Relay Market Revenues & Volume, 2021 & 2028F |
3.3 Myanmar Protective Relay Market - Industry Life Cycle |
3.4 Myanmar Protective Relay Market - Porter's Five Forces |
3.5 Myanmar Protective Relay Market Revenues & Volume Share, By Voltage, 2021 & 2028F |
3.6 Myanmar Protective Relay Market Revenues & Volume Share, By End-User, 2021 & 2028F |
3.7 Myanmar Protective Relay Market Revenues & Volume Share, By Technology, 2021 & 2028F |
3.8 Myanmar Protective Relay Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Myanmar Protective Relay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure projects in Myanmar |
4.2.2 Growing awareness about the importance of reliable electricity supply |
4.2.3 Adoption of smart grid technologies in the country |
4.3 Market Restraints |
4.3.1 Lack of skilled workforce in the relay industry |
4.3.2 Challenges related to regulatory compliance and standards |
4.3.3 Economic and political uncertainties in Myanmar impacting investment decisions |
5 Myanmar Protective Relay Market Trends |
6 Myanmar Protective Relay Market, By Types |
6.1 Myanmar Protective Relay Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 Myanmar Protective Relay Market Revenues & Volume, By Voltage, 2018 - 2028F |
6.1.3 Myanmar Protective Relay Market Revenues & Volume, By Low, 2018 - 2028F |
6.1.4 Myanmar Protective Relay Market Revenues & Volume, By Medium, 2018 - 2028F |
6.1.5 Myanmar Protective Relay Market Revenues & Volume, By High, 2018 - 2028F |
6.2 Myanmar Protective Relay Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Myanmar Protective Relay Market Revenues & Volume, By Utilities, 2018 - 2028F |
6.2.3 Myanmar Protective Relay Market Revenues & Volume, By Industrial, 2018 - 2028F |
6.2.4 Myanmar Protective Relay Market Revenues & Volume, By Railways, 2018 - 2028F |
6.2.5 Myanmar Protective Relay Market Revenues & Volume, By Others, 2018 - 2028F |
6.3 Myanmar Protective Relay Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Myanmar Protective Relay Market Revenues & Volume, By Electromechanical & Static Relay, 2018 - 2028F |
6.3.3 Myanmar Protective Relay Market Revenues & Volume, By Digital & Numerical Relay, 2018 - 2028F |
6.4 Myanmar Protective Relay Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Myanmar Protective Relay Market Revenues & Volume, By Transmission line, 2018 - 2028F |
6.4.3 Myanmar Protective Relay Market Revenues & Volume, By Busbar, 2018 - 2028F |
6.4.4 Myanmar Protective Relay Market Revenues & Volume, By Transformer, 2018 - 2028F |
6.4.5 Myanmar Protective Relay Market Revenues & Volume, By Feeder, 2018 - 2028F |
6.4.6 Myanmar Protective Relay Market Revenues & Volume, By Generator, 2018 - 2028F |
6.4.7 Myanmar Protective Relay Market Revenues & Volume, By Motor, 2018 - 2028F |
7 Myanmar Protective Relay Market Import-Export Trade Statistics |
7.1 Myanmar Protective Relay Market Export to Major Countries |
7.2 Myanmar Protective Relay Market Imports from Major Countries |
8 Myanmar Protective Relay Market Key Performance Indicators |
8.1 Number of new infrastructure projects initiated in Myanmar |
8.2 Percentage increase in demand for reliable electricity supply solutions |
8.3 Adoption rate of smart grid technologies in the country |
8.4 Number of skilled professionals entering the relay industry |
8.5 Compliance rate with industry standards and regulations. |
9 Myanmar Protective Relay Market - Opportunity Assessment |
9.1 Myanmar Protective Relay Market Opportunity Assessment, By Voltage, 2021 & 2028F |
9.2 Myanmar Protective Relay Market Opportunity Assessment, By End-User, 2021 & 2028F |
9.3 Myanmar Protective Relay Market Opportunity Assessment, By Technology, 2021 & 2028F |
9.4 Myanmar Protective Relay Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Myanmar Protective Relay Market - Competitive Landscape |
10.1 Myanmar Protective Relay Market Revenue Share, By Companies, 2021 |
10.2 Myanmar Protective Relay Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |