As the global economy mends, the 2021 growth of Protection Relays will have significant change from previous year. According to our (LP Information) latest study, the global Protection Relays market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Protection Relays market size will reach USD million in 2028, growing at a CAGR of % over the analysis period.
The United States Protection Relays market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Protection Relays market, reaching US$ million by the year 2028. As for the Europe Protection Relays landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Protection Relays players cover Omron, TE Connectivity, Panasonic, and Teledyne Relays, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Protection Relays market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Electromechanical Relays
Static Relays
Digital Relays
Numerical Relays
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Automotive
Industrial
Communications
Household Appliance
Others
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
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 prominent manufacturers in this market, include
Omron
TE Connectivity
Panasonic
Teledyne Relays
ABB
Schneider Electric
Eaton
Honeywell
Littelfuse
Rockwell Automation
Fuji Electric
Mitsubishi Electric
Larsen & Toubro
Fanox
Toshiba
Schweitzer Engineering Laboratories (SEL)
CHINT Electrics
Basler Electric
NR Electric
Delixi Electric
LOVATO Electric
Minilec Group
PBSI Group
C&S Electric
Ashida Electronics