Global Teleprotection Market Research Report 2022

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.
Market Analysis and Insights: Global Teleprotection Market
Due to the COVID-19 pandemic, the global Teleprotection market size is estimated to be worth US$ 1088.9 million in 2022 and is forecast to a readjusted size of US$ 2466.6 million by 2028 with a CAGR of 14.6% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, 4 Independent Commands accounting for % of the Teleprotection global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Electrical Transmission segment is altered to an % CAGR throughout this forecast period.
Global Teleprotection key players include ABB, Siemens, GE Energy, Nokia, Schweitzer Engineering Laboratories, etc. Global top five manufacturers hold a share over 75%.
Europe is the largest market, with a share over 50%, followed by USA and Asia (ex. China), both have a share over 40%.
In terms of product, 4 Independent Commands is the largest segment, with a share over 50%. And in terms of application, the largest application is Electrical Transmission, followed by Communication for Transportation, Communication for Oil & Gas, etc.
Global Teleprotection Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Teleprotection Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
4 Independent Commands
8 Independent Commands
Others
Segment by Application
Electrical Transmission
Communication for Oil & Gas
Communication for Transportation
Others
By Company
ABB
Siemens
GE Energy
Alcatel Lucent
Alstom
Nokia
Schweitzer Engineering Laboratories
TC Communications
RFL Electronics
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

Frequently Asked Questions