A protective
relay is a device designed to register over-current, over-voltage, reverse
power flow, over- and under- frequency in order to avoid any major accidents
and flashovers. It trips the circuit breaker when a fault is detected. If there
is any discrepancy or the abnormality in the current voltage or any other power
measurement, protective relay detect it and trigger an alarm. In this case, a
circuit breaker is used to switch the electrical power on and off to avoid
system damage. There are different kinds of protective relays including electromechanical
protective relays, and digital protective relays are majorly used across
various sectors such as Power, and Industrial. Analysts forecast the Global Protective Relays market will grow at a
CAGR of 10.13 percent over the period 2013-2018.
Covered in this
Report
The Global
Protective Relays market can be divided into two segments: Medium Voltage
Protective Relays (1-33 kV) and High Voltage Protective Relays (above 33 kV).
Global Protective
Relays Market 2014-2018, has been prepared based on an in-depth market analysis
with inputs from industry experts. The report covers the APAC and EMEA regions,
and the Americas; it also covers the Global Protective Relays market landscape
and its growth prospects in the coming years. The report also includes a
discussion of the key vendors operating in this market.
Key Regions
- APAC
- EMEA
- Americas
Key Vendors
- ABB Ltd
- Alstom SA
- GE Co.
- Schneider Electric SA
- SEL, Inc.