Market Forecast by Applications (feeder protection, transmission line protection, transformer protection, motor protection and others), By Voltage (low, medium and high) By End Users (industrial, power utilities and others) and By Key Countries (United States and Canada) and Competitive Landscape
Product Code: ETC054284 | Publication Date: Mar 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America Protective Relay Market is anticipated to witness growth during the projected period owing to a spur in the infrastructure projects coupled with increase in the number of transmissions and up gradations in the transmission lines. Also, On the basis of voltage, high voltage protective relay units are expected to register the highest growth rate in the overall market during the forecast period owing to increasing investments in power sector infrastructure in developed countries across the region. Additionally, an increase in the growth of urbanization is leading to an increase in the massive construction projects to be undertaken across the region, which is, no doubt, giving a spur to the market growth and is expected to drive significant growth prospects for the market in the forthcoming years.
According to 6Wresearch, North America Protective Relay Market size is anticipated to register growth during the forecast period 2020-26. The outbreak of the novel coronavirus has led to transformational changes in the overall market competitive landscape change of many industries and the market for protective relay across the region ahs also been affected. With the nationwide lockdown in the North American countries, and construction going off, the market has suffered a lot of downhill time with slow revenues index growth. The only revenue generated has been from the replacement of the old sets. However, as the graph of the pandemic marks a slowdown, the market for the product, is again expected to revamp and witness a spur in the forthcoming years and offer the to-be-investors of the market to seek sound growth prospects in the forthcoming years.
United States Protective Relay Market is expected to win the dominance in the overall regional product market in the forthcoming years.
United States protective relay market is anticipated to register the highest growth rate in the overall regional product market in the upcoming six years owing to an increase in infrastructure development projects in the country along with rising needs for power across the country. Additionally, with an increase in the urban population, electricity consumption across the country is also increasing, which is expected to raise significant demand for protective relays in the country in the upcoming six years. Also, some of the upcoming projects in the country such as California High Speed Rail Construction Project, Sound Transit 3 Construction Project, Las Vegas Convention Center people mover Project, Hudson Yards Project in New York and Seconds Avenue Subway Construction Project are some of the projects are expected to shape the market competitive landscape of the product market in the impending period and provide the new entrants and potential investors of the market to seek robust business growth landscape in the forthcoming years.
The North America Protective Relay market report thoroughly covers the market by voltage, end-users, applications, and key countries including United States and Canada. The market report provides an unbiased and detailed analysis of the on-going 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.
Key Highlights of the Report:
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.6 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. North America Protective Relay Market Overview |
3.1 North America Protective Relay Market Revenues, 2016-2026F |
3.2 North America Protective Relay Market Revenue Share, By Voltage, 2019 & 2026F |
3.3 North America Protective Relay Market Revenue Share, By End Users, 2019 & 2026F |
3.4 North America Protective Relay Market Revenue Share, By Applications, 2019 & 2026F |
3.5 North America Protective Relay Market Revenue Share, By Countries, 2019 & 2026F |
3.3 North America Protective Relay Market Industry Life Cycle |
3.7 North America Protective Relay Market- Porter’s Five Forces |
4. North America Protective Relay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.6 Market Restraints |
5. North America Protective Relay Market Trends |
6. United States Protective Relay Market Overview |
6.1 United States Protective Relay Market Revenues, 2016-2026F |
6.2 United States Protective Relay Market Overview, By Voltage |
6.2.1 United States Low Voltage Protective Relay Market Revenues, 2016-2026F |
6.2.2 United States Medium Voltage Protective Relay Market Revenues, 2016-2026F |
6.2.3 United States High Voltage Protective Relay Market Revenues, 2016-2026F |
6.3 United States Protective Relay Market Overview, By End Users |
6.3.1 United States Protective Relay Market Revenues, By Industrial, 2016-2026F |
6.3.2 United States Protective Relay Market Revenues, By Power Utilities, 2016-2026F |
6.3.3 United States Protective Relay Market Revenues, By Others, 2016-2026F |
6.4 United States Protective Relay Market Overview, By Applications |
6.4.1 United States Protective Relay Market Revenues, By Feeder Protection, 2016-2026F |
6.4.2 United States Protective Relay Market Revenues, By Transmission Line Protection, 2016-2026F |
6.4.3 United States Protective Relay Market Revenues, By Transformer Protection, 2016-2026F |
6.4.4 United States Protective Relay Market Revenues, By Motor Protection, 2016-2026F |
6.4.5 United States Protective Relay Market Revenues, By Others, 2016-2026F |
7. Canada Protective Relay Market Overview |
7.1 Canada Protective Relay Market Revenues, 2016-2026F |
7.2 Canada Protective Relay Market Overview, By Voltage |
7.2.1 Canada Low Voltage Protective Relay Market Revenues, 2016-2026F |
7.2.2 Canada Medium Voltage Protective Relay Market Revenues, 2016-2026F |
7.2.3 Canada High Voltage Protective Relay Market Revenues, 2016-2026F |
7.3 Canada Protective Relay Market Overview, By End Users |
7.3.1 Canada Protective Relay Market Revenues, By Industrial, 2016-2026F |
7.3.2 Canada Protective Relay Market Revenues, By Power Utilities, 2016-2026F |
7.3.3 Canada Protective Relay Market Revenues, By Others, 2016-2026F |
7.4 Canada Protective Relay Market Overview, By Applications |
7.4.1 Canada Protective Relay Market Revenues, By Feeder Protection, 2016-2026F |
7.4.2 Canada Protective Relay Market Revenues, By Transmission Line Protection, 2016-2026F |
7.4.3 Canada Protective Relay Market Revenues, By Transformer Protection, 2016-2026F |
7.4.4 Canada Protective Relay Market Revenues, By Motor Protection, 2016-2026F |
7.4.5 Canada Protective Relay Market Revenues, By Others, 2016-2026F |
8. North America Protective Relay Market Key Performance Indicators |
9. North America Protective Relay Market Opportunity Assessment |
9.1 North America Protective Relay Market Opportunity Assessment, By Voltage, 2026F |
9.2 North America Protective Relay Market Opportunity Assessment, By End Users, 2026F |
9.3 North America Protective Relay Market Opportunity Assessment, By Applications, 2026F |
10. North America Protective Relay Market Competitive Landscape |
10.1 North America Protective Relay Market Revenue Share, By Companies, 2019 |
10.1.1 United States Protective Relay Market Revenue Share, By Companies, 2019 |
10.1.2 Canada Protective Relay Market Revenue Share, By Companies, 2019 |
10.2 North America Protective Relay Market Competitive Benchmarking, By Operating Parameters |
11. Company Profiles |
12. Key Recommendations |
13. Disclaimer |