United Arab Emirates (UAE) Protective Relay Market Outlook (2023-2029) | Revenue, Size, COVID-19 IMPACT, Companies, Growth, Trends, Share, Forecast, Industry, Value & Analysis

UAE Protective Relay Market | Country-Wise Share and Competition Analysis

In the year 2021, Germany was the largest exporter in terms of value, followed by France. It has registered a decline of -12.42% over the previous year. While France registered a growth of 18.65% as compared to the previous year. In the year 2017, Germany was the largest exporter followed by the UK. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, UAE has a Herfindahl index of 903 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of  766 which signifies high competitiveness in the market.

Topics Covered in United Arab Emirates (UAE) Protective Relay Market Report

United Arab Emirates (UAE) Protective Relay Market report thoroughly covers the market by voltage, end-user, technology, and application. The market report provides an unbiased and detailed analysis of the ongoing 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.

United Arab Emirates (UAE) Protective Relay Market Synopsis

The United Arab Emirates Protective Relay Market is likely to grow at a tremendous growth rate during the forecast period on the back of the infrastructure development and rapid urbanization taking place across the nation. The requirement for robust protective relays becomes crucial as new buildings, smart cities, and industries are emerging.

According to 6Wresearch, the United Arab Emirates (UAE) Protective Relay Market size is anticipated to rise more during 2023–2029. The market in the country is progressing at a higher growth rate and is accomplishing enormous growth owing to many crucial factors. The faster infrastructure and urbanization development happening across the nation led to a rise in demand for reliable power distribution systems. There is the emergence of new buildings, smart cities, and industries, which is also stimulating the United Arab Emirates (UAE) Protective Relay Market Growth. Furthermore, with the rising emphasis on renewable energy sources like solar and wind power, integrating such intermittent energy generation systems into the grid poses challenges. These protective relays play a significant role in ensuring the seamless integration of renewable energy sources.

COVID-19 Impact on United Arab Emirates (UAE) Protective Relay Industry

The coronavirus pandemic has undoubtedly had a massive impact on many sectors across the world, and the Protective Relay Market in the United Arab Emirates is no exception. One of the important factors that influenced this industry during these trying times was the disruption caused to supply chains. In addition, owing to economic uncertainties resulting from the coronavirus pandemic, a number of players in the country were prioritizing cost-cutting measures. This resulted in decreased investment in new projects or upgrades of existing infrastructure, impacting the demand for these protective relays in the country.

Key Players Operating in the United Arab Emirates (UAE) Protective Relay Market

Some of the most prominent players running their business in the market are:

• ABB Ltd.
• Siemens AG
• Alstom SA
• Mitsubishi Electric Corporation
• Schneider Electric SE
• General Electric Company

Market by Technology

By technology, the market is fragmented into Electromechanical & Static Relay, and Digital & Numerical Relay. The Digital & Numerical Relay segment is projected to grow in the years to come on the back of the growing focus on distribution and transmission infrastructure development, substation automation, and smart grid implementation.

Market by Application

According to Shivankar, Research Manager, 6Wresearch, the motor segment is projected to grow in the coming years. Growth in the industrial segment, especially in the manufacturing sector in countries like China, Japan, South Korea, and India as well as increased commercial activities are projected to stimulate the demand of the motor segment.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• United Arab Emirates (UAE) Protective Relay Market Outlook
• Market Size of United Arab Emirates (UAE) Protective Relay Market, 2022
• Forecast of United Arab Emirates (UAE) Protective Relay Market, 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Revenues & Volume for the Period 2019 - 2029
• United Arab Emirates (UAE) Protective Relay Market Trend Evolution
• United Arab Emirates (UAE) Protective Relay Market Drivers and Challenges
• United Arab Emirates (UAE) Protective Relay Price Trends
• United Arab Emirates (UAE) Protective Relay Porter's Five Forces
• United Arab Emirates (UAE) Protective Relay Industry Life Cycle
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Voltage for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Low for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Medium for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By High for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By End-User for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Utilities for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Industrial for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Railways for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Others for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Technology for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Electromechanical & Static Relay for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Digital & Numerical Relay for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Application for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Transmission line for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Busbar for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Transformer for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Feeder for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Generator for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Motor for the Period 2019 - 2029
• Historical Data and Forecast of United Arab Emirates (UAE) Protective Relay Market Revenues & Volume By Others for the Period 2019 - 2029
• United Arab Emirates (UAE) Protective Relay Import Export Trade Statistics
• Market Opportunity Assessment By Voltage
• Market Opportunity Assessment By End-User
• Market Opportunity Assessment By Technology
• Market Opportunity Assessment By Application
• United Arab Emirates (UAE) Protective Relay Top Companies Market Share
• United Arab Emirates (UAE) Protective Relay Competitive Benchmarking By Technical and Operational Parameters
• United Arab Emirates (UAE) Protective Relay Company Profiles
• United Arab Emirates (UAE) Protective Relay Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

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