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) and competitive landscape
Product Code: ETC002148 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Rising electricity consumption and increasing penetration of smart grid technology have increased the demand for a reduction in risk of damage due to electricity failure has led to an increase in demand for the protective relay market in Saudi Arabia. Also, the growing construction industry and increasing government investment in the development of smart cities projects along with the expansion of the non-oil sector in the country would lead to further growth in the electricity consumption in the country, which would result in an increase in demand for protective relay market during the forthcoming years. However, with the occurrence of global pandemic COVID-19, the Saudi Arabia market is expected to register an economic slowdown, resulting in a slowdown in the investment in the country.
According to 6Wresearch, the Saudi Arabia Protective Relay Market size is anticipated to register growth during 2020-26. The expanding industrial and commercial sectors in the country on the back of a surge in foreign direct investment in the country would propel the demand for increasing the efficiency of power transmission and distribution system resulting in a surge in the deployment of protective relays in the Saudi Arabia market over the forecast period.
Based on applications, transmission line protection and the transformer protection segment accounted for a leading share of market revenue pie owing to the increasing government investment for the expansion of the transmission line in the country.
The Saudi Arabia Protective Relay market report thoroughly covers the market by voltage, end-users, applications, and regions. The Saudi Arabia Protective Relay market outlook report provides an unbiased and detailed analysis of the on-going Saudi Arabia 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.
Saudi Arabia Protective Relay Market is anticipated to register growth during the projected period 2020-26F owing to increased installation of new along with replacement of existing distribution and transmission network infrastructure including distribution lines, substations, and transmission lines for the uninterrupted power supply in the country. An increase in the electricity consumption coupled with a rising need for safe electric supply in the country is anticipated to trigger the Saudi Arabia protective relay market growth in the near future. Many countries across the Saudi Arabian region are still relying on the old systems for power generation and need up-gradation and Saudi Arabia had been one of them. Owing to this, the country is looking towards the up-gradation of the grid system as a result of rapid industrialization and as a result, a spur in the advanced power generation plants in the country is anticipated to increase the demand for protective relays across the Saudi Arabian region in the coming years.
Key Highlights of the Report:
Markets Covered
The Saudi Arabia Protective Relay Market 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 |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Saudi Arabia Protective Relay Market Overview |
3.1 Country Indicators |
3.2 Saudi Arabia Protective Relay Market Revenues, 2016-2026F |
3.3 Saudi Arabia Protective Relay Market Revenue Share, By Voltage, 2019 & 2026F |
3.4 Saudi Arabia Protective Relay Market Revenue Share, By End Users, 2019 & 2026F |
3.5 Saudi Arabia Protective Relay Market Revenue Share, By Applications, 2019 & 2026F |
3.6 Saudi Arabia Protective Relay Market Revenue Share, By Regions, 2019 & 2026F |
3.7 Saudi Arabia Protective Relay Market Industry Life Cycle |
3.8 Saudi Arabia Protective Relay Market- Porter’s Five Forces |
4. Saudi Arabia Protective Relay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Saudi Arabia Protective Relay Market Trends |
6. Saudi Arabia Protective Relay Market Overview, By Voltage |
6.1 Saudi Arabia Low Voltage Protective Relay Market Revenues, 2016-2026F |
6.2 Saudi Arabia Medium Voltage Protective Relay Market Revenues, 2016-2026F |
6.3 Saudi Arabia High Voltage Protective Relay Market Revenues, 2016-2026F |
7. Saudi Arabia Protective Relay Market Overview, By End Users |
7.1 Saudi Arabia Protective Relay Market Revenues, By Industrial, 2016-2026F |
7.2 Saudi Arabia Protective Relay Market Revenues, By Power Utilities, 2016-2026F |
7.3 Saudi Arabia Protective Relay Market Revenues, By Others, 2016-2026F |
8. Saudi Arabia Protective Relay Market Overview, By Applications |
8.1 Saudi Arabia Protective Relay Market Revenues, By Feeder Protection, 2016-2026F |
8.2 Saudi Arabia Protective Relay Market Revenues, By Transmission Line Protection, 2016-2026F |
8.3 Saudi Arabia Protective Relay Market Revenues, By Transformer Protection, 2016-2026F |
8.4 Saudi Arabia Protective Relay Market Revenues, By Motor Protection, 2016-2026F |
8.5 Saudi Arabia Protective Relay Market Revenues, By Others, 2016-2026F |
9. Saudi Arabia Protective Relay Market Overview, By Regions |
10. Saudi Arabia Protective Relay Market Key Performance Indicators |
11. Saudi Arabia Protective Relay Market Opportunity Assessment |
11.1 Saudi Arabia Protective Relay Market Opportunity Assessment Share, By Voltage, 2026F |
11.2 Saudi Arabia Protective Relay Market Opportunity Assessment Share, By End Users, 2026F |
11.3 Saudi Arabia Protective Relay Market Opportunity Assessment Share, By Applications, 2026F |
12. Saudi Arabia Protective Relay Market Competitive Landscape |
12.1 Saudi Arabia Protective Relay Market Revenue Share, By Companies, 2019 |
12.2 Saudi Arabia Protective Relay Market Competitive Benchmarking, By Operating Parameters |
13. Company Profiles |
14. Strategic Recommendations |
15. Disclaimer |