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: ETC269238 | 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 Romania Protective Relay Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 8.29% in 2025, the growth rate steadily ascends to 13.81% in 2029.
By 2027, the Protective Relay market in Romania is anticipated to reach a growth rate of 7.40%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.
In the year 2021, Germany was the largest exporter in terms of value, followed by Italy. It has registered a growth of 23.44% over the previous year. While Italy registered a growth of 69.92% as compare to the previous year. In the year 2017 Germany was the largest exporter followed by Hungary. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Romania has the Herfindahl index of 2451 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 1739 which signifies moderately concentrated 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 Romania Protective Relay Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romania Protective Relay Market Revenues & Volume, 2021 & 2028F |
3.3 Romania Protective Relay Market - Industry Life Cycle |
3.4 Romania Protective Relay Market - Porter's Five Forces |
3.5 Romania Protective Relay Market Revenues & Volume Share, By Voltage, 2021 & 2028F |
3.6 Romania Protective Relay Market Revenues & Volume Share, By End-User, 2021 & 2028F |
3.7 Romania Protective Relay Market Revenues & Volume Share, By Technology, 2021 & 2028F |
3.8 Romania Protective Relay Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 Romania Protective Relay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable power supply and grid stability in Romania |
4.2.2 Rising investments in infrastructure development and industrial projects |
4.2.3 Stringent regulations and standards promoting the use of protective relays |
4.3 Market Restraints |
4.3.1 High initial costs associated with the installation of protective relays |
4.3.2 Technological complexities leading to installation and maintenance challenges |
4.3.3 Slow adoption rate due to lack of awareness and expertise in handling protective relays |
5 Romania Protective Relay Market Trends |
6 Romania Protective Relay Market, By Types |
6.1 Romania Protective Relay Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 Romania Protective Relay Market Revenues & Volume, By Voltage, 2018 - 2028F |
6.1.3 Romania Protective Relay Market Revenues & Volume, By Low, 2018 - 2028F |
6.1.4 Romania Protective Relay Market Revenues & Volume, By Medium, 2018 - 2028F |
6.1.5 Romania Protective Relay Market Revenues & Volume, By High, 2018 - 2028F |
6.2 Romania Protective Relay Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Romania Protective Relay Market Revenues & Volume, By Utilities, 2018 - 2028F |
6.2.3 Romania Protective Relay Market Revenues & Volume, By Industrial, 2018 - 2028F |
6.2.4 Romania Protective Relay Market Revenues & Volume, By Railways, 2018 - 2028F |
6.2.5 Romania Protective Relay Market Revenues & Volume, By Others, 2018 - 2028F |
6.3 Romania Protective Relay Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Romania Protective Relay Market Revenues & Volume, By Electromechanical & Static Relay, 2018 - 2028F |
6.3.3 Romania Protective Relay Market Revenues & Volume, By Digital & Numerical Relay, 2018 - 2028F |
6.4 Romania Protective Relay Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Romania Protective Relay Market Revenues & Volume, By Transmission line, 2018 - 2028F |
6.4.3 Romania Protective Relay Market Revenues & Volume, By Busbar, 2018 - 2028F |
6.4.4 Romania Protective Relay Market Revenues & Volume, By Transformer, 2018 - 2028F |
6.4.5 Romania Protective Relay Market Revenues & Volume, By Feeder, 2018 - 2028F |
6.4.6 Romania Protective Relay Market Revenues & Volume, By Generator, 2018 - 2028F |
6.4.7 Romania Protective Relay Market Revenues & Volume, By Motor, 2018 - 2028F |
7 Romania Protective Relay Market Import-Export Trade Statistics |
7.1 Romania Protective Relay Market Export to Major Countries |
7.2 Romania Protective Relay Market Imports from Major Countries |
8 Romania Protective Relay Market Key Performance Indicators |
8.1 Number of grid failures prevented by protective relays |
8.2 Percentage increase in infrastructure investments in Romania |
8.3 Adoption rate of smart grid technologies in the country |
9 Romania Protective Relay Market - Opportunity Assessment |
9.1 Romania Protective Relay Market Opportunity Assessment, By Voltage, 2021 & 2028F |
9.2 Romania Protective Relay Market Opportunity Assessment, By End-User, 2021 & 2028F |
9.3 Romania Protective Relay Market Opportunity Assessment, By Technology, 2021 & 2028F |
9.4 Romania Protective Relay Market Opportunity Assessment, By Application, 2021 & 2028F |
10 Romania Protective Relay Market - Competitive Landscape |
10.1 Romania Protective Relay Market Revenue Share, By Companies, 2021 |
10.2 Romania Protective Relay Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |