Teleprotection is equipment in conjunction with communication links provide the best possible means of selectively isolating faults on high voltage transmission lines, transformers, reactors and other important items of electrical plants. To prevent the power system from failure and damage, the teleprotection system enables to selectively disconnect the faulty part by transferring command signals within the shortest possible time.
In this report we just statistics the equipment/devices, teleprotection software and services are not included.
North America is the largest market of Teleprotection, with a consumption market share of 27 % 2015. North America also is the second production region with production market share of 29%.
Europe is the largest production region with production market share over of 41%, and also be an important region in consumption with the consumption market share of 24% in 2015.
The major player in market is GE Energy, Siemens, ABB, Nokia. They together with over 60% market share. They hold the key technologies and patent, with high-end customers. They have formed global market channel of the industry.
According to this study, over the next five years the Teleprotection market will register a 16.9% CAGR in terms of revenue, the global market size will reach USD 1190 million by 2024, from USD 470 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Teleprotection business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Teleprotection market by product type, application, key manufacturers and key regions and countries.
This study considers the Teleprotection value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
4 Independent Commands
8 Independent Commands
Other
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Electrical Transmission
Communication for Oil & Gas
Communication for Transportation
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
ABB
Siemens
GE Energy
Alcatel Lucent
Alstom
Nokia
Schweitzer Engineering Laboratories
TC Communications
RFL Electronics
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Teleprotection consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Teleprotection market by identifying its various subsegments.
Focuses on the key global Teleprotection manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Teleprotection with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Teleprotection submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
