Analysts forecast the Global Teleprotection
market to grow at a CAGR of 21.7 percent over the period 2014-2019.
Teleprotection provides a secure and sustained supply of electricity to
ensure stability and efficiency of systems. Teleprotection protects systems
from failure and damage by disconnecting them from reactors, transformers, and
high-voltage lines if a faulty connection is detected. The system relies on a
symmetric telecom network for providing a communication channel between
devices. With the help of these channels, the time delay between the units is
measured, which is further required to make observations to identify faults.
Teleprotection systems are adopted by some major sectors such as Power and
Telecom and are gaining popularity in the Aerospace, Defense, Transportation,
and IT sectors.
This report covers the present scenario and the growth prospects of the
Global Teleprotection market for the period 2015-2019.
To calculate the
market size, the report considers revenue generated from the sales of
teleprotection systems that include the following:
- Teleprotection hardware
- Teleprotection software
The report
consolidates the revenue generated from the following major sectors:
- Power
- Telecom
The market is highly fragmented with the presence of a large number of
small and large vendors. Therefore, the report does not provide the market
share of the vendors; it only lists the key vendors in the market. In addition,
the report discusses the major drivers that influence the growth of the Global
Teleprotection market. It also outlines the challenges faced by vendors and the
market at large, as well as the key trends that are emerging in the market.
Key Regions
- Americas
- EMEA
- APAC
