| Product Code: ETC10667177 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Suriname microprocessor protective relay import market saw significant growth with a CAGR of 16.73% from 2020 to 2024, despite a sharp decline in growth rate from 2023 to 2024 at -67.04%. The top exporting countries to Suriname in 2024 were the Netherlands, USA, Turkey, Australia, and Germany. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high in 2024, indicating a competitive market landscape dominated by a few key players. The import shipments of microprocessor protective relays into Suriname are likely to continue to be driven by these key exporting countries in the coming years.

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 Suriname Microprocessor Protective Relay Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Microprocessor Protective Relay Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Microprocessor Protective Relay Market - Industry Life Cycle |
3.4 Suriname Microprocessor Protective Relay Market - Porter's Five Forces |
3.5 Suriname Microprocessor Protective Relay Market Revenues & Volume Share, By Relay Type, 2021 & 2031F |
3.6 Suriname Microprocessor Protective Relay Market Revenues & Volume Share, By Voltage Rating, 2021 & 2031F |
3.7 Suriname Microprocessor Protective Relay Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Suriname Microprocessor Protective Relay Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Suriname Microprocessor Protective Relay Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Suriname Microprocessor Protective Relay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Suriname Microprocessor Protective Relay Market Trends |
6 Suriname Microprocessor Protective Relay Market, By Types |
6.1 Suriname Microprocessor Protective Relay Market, By Relay Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Relay Type, 2021 - 2031F |
6.1.3 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Differential, 2021 - 2031F |
6.1.4 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Distance, 2021 - 2031F |
6.1.5 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Overcurrent, 2021 - 2031F |
6.1.6 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Transformer, 2021 - 2031F |
6.2 Suriname Microprocessor Protective Relay Market, By Voltage Rating |
6.2.1 Overview and Analysis |
6.2.2 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Low Voltage, 2021 - 2031F |
6.2.3 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Medium Voltage, 2021 - 2031F |
6.2.4 Suriname Microprocessor Protective Relay Market Revenues & Volume, By High Voltage, 2021 - 2031F |
6.2.5 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Extra High Voltage, 2021 - 2031F |
6.3 Suriname Microprocessor Protective Relay Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Power Distribution, 2021 - 2031F |
6.3.3 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Industrial Protection, 2021 - 2031F |
6.3.4 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Transmission & Distribution, 2021 - 2031F |
6.3.5 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Grid Protection, 2021 - 2031F |
6.4 Suriname Microprocessor Protective Relay Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Utilities, 2021 - 2031F |
6.4.3 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.4.4 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4.5 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.5 Suriname Microprocessor Protective Relay Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Digital, 2021 - 2031F |
6.5.3 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Electromechanical, 2021 - 2031F |
6.5.4 Suriname Microprocessor Protective Relay Market Revenues & Volume, By Microprocessor-based, 2021 - 2031F |
6.5.5 Suriname Microprocessor Protective Relay Market Revenues & Volume, By IoT-Enabled, 2021 - 2031F |
7 Suriname Microprocessor Protective Relay Market Import-Export Trade Statistics |
7.1 Suriname Microprocessor Protective Relay Market Export to Major Countries |
7.2 Suriname Microprocessor Protective Relay Market Imports from Major Countries |
8 Suriname Microprocessor Protective Relay Market Key Performance Indicators |
9 Suriname Microprocessor Protective Relay Market - Opportunity Assessment |
9.1 Suriname Microprocessor Protective Relay Market Opportunity Assessment, By Relay Type, 2021 & 2031F |
9.2 Suriname Microprocessor Protective Relay Market Opportunity Assessment, By Voltage Rating, 2021 & 2031F |
9.3 Suriname Microprocessor Protective Relay Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Suriname Microprocessor Protective Relay Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Suriname Microprocessor Protective Relay Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Suriname Microprocessor Protective Relay Market - Competitive Landscape |
10.1 Suriname Microprocessor Protective Relay Market Revenue Share, By Companies, 2024 |
10.2 Suriname Microprocessor Protective Relay Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here