세계의 보호 계전기 시장 : 전압별, 기술별, 최종 사용자별, 용도별, 지역별 - 예측(-2030년)

The global protective relay market is projected to reach USD 3.9 billion by 2030 from an estimated market size of USD 2.8 billion in 2024, at a CAGR of 5.7% during the forecast period. The increasing share of renewable energy are expected to drive the demand for protective relay. The rising incidence of electrical faults and the need for improved grid stability and safety are prompting utilities and industries to adopt advanced protective relay systems. Technological advancements in relay design, such as digital and microprocessor-based relays, are also contributing to market growth by offering enhanced accuracy, speed, and connectivity features.

"The low voltage segment, by voltage, is expected to grow at the highest rate in the forecast period"

The low voltage segment is expected to grow at the highest rate in the forecast period. The proliferation of residential, commercial, and industrial applications that rely on low voltage systems is driving demand for reliable and efficient protection solutions. As urbanization and electrification efforts expand globally, particularly in developing regions, there is an increasing need for low voltage infrastructure to support growing populations and economic activities. Additionally, the rise of renewable energy installations, such as solar photovoltaic systems, which often operate at low voltages, is further fueling market growth. Technological advancements in low voltage relays, offering enhanced protection, connectivity, and ease of integration, are also making them more attractive for new installations and retrofitting projects.

"The Utility segment, by end-user, is expected to have largest market during the forecast period"

The three-phase segment is estimated to grow at the highest rate of all segments during the forecast period. Utilities are investing heavily in modernizing their grids to enhance efficiency, reliability, and resilience against faults and outages. The integration of renewable energy sources into the grid requires advanced protection systems to manage the variability and complexity introduced by these sources. Furthermore, the growing emphasis on smart grids and digitalization within the utility sector necessitates the adoption of sophisticated protective relays capable of real-time monitoring, remote control, and data analytics.

"Asia Pacific is expected to lead the global protective relay market in terms of market size"

Asia Pacific is expected to be the largest market & has share of 42.3% for protective relay during the forecast period. Asia Pacific had the largest share of the digital & numeric protection relay market in 2023. The protective relays market in the Asia Pacific region is primarily driven by the rapid industrialization and urbanization in countries such as China, India, and Southeast Asian nations. The growing energy demand in these rapidly developing economies necessitates robust and reliable power infrastructure, leading to increased investment in power generation, transmission, and distribution projects. Additionally, government initiatives focused on grid modernization and the integration of renewable energy sources are further propelling the market.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1-65%, Tier 24%, and Tier 11%

By Designation: C-Level-20%, Directors-25%, and Others-55%

By Region: North America-27%, Europe-20%, Asia Pacific-37%, Middle East & Africa-4%, and South America-12%

Note: Others includes sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined on the basis of their total revenue, as of 2023; Tier 1: USD 1 billion, Tier 2: USD 500 million-1 billion, and Tier 3: <USD 500 million.

The global protective relay market is dominated by a few major players that have an extensive global and regional presence. The leading players in the protective relay market are ABB (Switzerland), Siemens (Germany), General Electric Company (US), Eaton (Ireland), and Schneider Electric (France).

Research Coverage:

The report defines, describes, and forecasts the global protective relay market by voltage, end-user, technology, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The protective relays market is segmented by voltage into low, medium, high, and very high categories. By end-user, the market caters to utilities, industrial sectors, railways, and others. Technologically, the market distinguishes between electromechanical & static relays and digital & numerical relays. Application-wise, protective relays are used in transmission lines, busbars, transformers, feeders, generators, motors, and others. Geographic regions (Asia Pacific, North America, Europe, Middle East and Africa, South America). The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include the analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the protective relay market.

Key Benefits of Buying the Report

The report is thoughtfully designed to meet the needs of both seasoned industry leaders and new entrants in the Protective relays market. It provides dependable revenue projections for both the overall market and its various sub-segments, making it a crucial tool for stakeholders looking to gain a deep understanding of the competitive environment. This information helps stakeholders develop effective market strategies for their businesses. Furthermore, the report serves as a key resource for stakeholders to grasp the current market scenario, offering vital insights into the drivers, constraints, challenges, and opportunities for growth. With these insights, stakeholders can make well-informed decisions and keep up with the rapidly changing dynamics of the Protective relays industry.

• Analysis of key DROC's: Drivers (Increase in renewable capacity additions and electrification.& Higher efficiency and durability), restraints (Lack of investments and Competitive pressure and regulatory uncertainty), opportunities (Expansion of adaptive protection technologies and Customizable relay technologies), and challenges (Cybersecurity Threats).
• Product Development/ Innovation: In the protective relay market, product development and innovation are crucial elements driving the sector's progress. As technology advances, manufacturers are increasingly dedicated to crafting innovative products that enhance performance, efficiency, and safety. These advancements typically incorporate smart technologies, cutting-edge materials, and environmentally friendly insulation options, addressing the changing demands of the power distribution landscape. Additionally, ongoing research and development initiatives are focused on producing transformers that support sustainable and eco-conscious objectives. By embracing advanced technologies and innovative design techniques, companies in the protective relay market strive to not only comply with existing industry standards but also surpass them, offering customers top-of-the-line solutions that boost the efficiency and reliability of power distribution systems. This focus on continual product development and innovation reflects the industry's commitment to adapting to market shifts and enhancing the functionality and capabilities of protective relays.
• Market Development: Market development in the protective relay sector is an ongoing and dynamic process, driven by efforts to explore new geographic territories and application areas. Companies in this industry consistently look for opportunities to extend their market presence and respond to emerging demands. This often includes entering previously unexplored regions or adapting existing products for new applications. Additionally, market development strategies involve leveraging evolving trends, such as the growing integration of renewable energy sources and the upgrading of electrical grids. By actively engaging in these market development activities, companies not only expand their customer base but also tailor their products to meet the diverse and changing needs of different sectors. This strategic approach promotes sustained growth, enhances competitiveness, and equips companies to effectively manage the shifting dynamics of the protective relay market. Through focused efforts, collaborations, and strategic alliances, market development serves as a key pathway for securing long-term viability and prominence in this essential segment of the power distribution industry.
• Market Diversification: Market diversification in the protective relay industry involves expanding product lines and services strategically to reduce risks, tap into new revenue streams, and boost overall business resilience. Companies in this field may diversify by enlarging their selection of transformer types, voltage capacities, or specialized applications. This expansion could include breaking into niche markets, tailoring products for specific applications, or widening their product range to cater to a variety of customer needs. By broadening their portfolio, companies can decrease their dependence on specific products or market segments, enhancing their ability to manage market fluctuations and economic changes. Diversification may also entail geographic expansion into new regions or countries to leverage unique market demands. Effective diversification strategies are rooted in a deep understanding of market trends, consumer behaviors, and technological advancements, equipping companies to adjust and prosper in the constantly changing protective relay market. A well-executed approach to diversification enables companies to navigate market shifts, seize emerging opportunities, and maintain a competitive advantage in this challenging industry.
• Competitive Assessment: An extensive analysis of the market presence, growth plans, and service offerings of major competitors in the protective relay market has been conducted. This research has been applied to notable firms including ABB (Switzerland), Siemens (Germany), General Electric Company (US), Eaton (Ireland), and Schneider Electric (France) and others. The assessment provides in-depth understanding of these big players' competitive positions, illuminating their growth-oriented strategies and range of offerings in the oil immersed protective relay industry.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 INCLUSIONS AND EXCLUSIONS
  • 1.3.2 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 UNITS CONSIDERED
• 1.6 LIMITATIONS
• 1.7 STAKEHOLDERS
• 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
• 2.2 DATA TRIANGULATION
• 2.3 SECONDARY AND PRIMARY RESEARCH
  • 2.3.1 SECONDARY DATA
    • 2.3.1.1 List of key secondary sources
    • 2.3.1.2 Key data from secondary sources
  • 2.3.2 PRIMARY DATA
    • 2.3.2.1 List of major primary interview participants
    • 2.3.2.2 Key data from primary sources
    • 2.3.2.3 Key industry insights
    • 2.3.2.4 Breakdown of primaries
• 2.4 MARKET SIZE ESTIMATION
  • 2.4.1 BOTTOM-UP APPROACH
  • 2.4.2 TOP-DOWN APPROACH
  • 2.4.3 DEMAND-SIDE ANALYSIS
    • 2.4.3.1 Country-level analysis
    • 2.4.3.2 Demand-side assumptions
    • 2.4.3.3 Demand-side calculations
  • 2.4.4 SUPPLY-SIDE ANALYSIS
    • 2.4.4.1 Supply-side assumptions
    • 2.4.4.2 Supply-side calculations
• 2.5 FORECAST
• 2.6 RESEARCH ASSUMPTIONS
• 2.7 RESEARCH LIMITATIONS
• 2.8 RISK ANALYSIS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PROTECTIVE RELAY MARKET
• 4.2 PROTECTIVE RELAY MARKET, BY REGION
• 4.3 PROTECTIVE RELAY MARKET, BY TECHNOLOGY
• 4.4 PROTECTIVE RELAY MARKET, BY VOLTAGE
• 4.5 PROTECTIVE RELAY MARKET, BY END USER
• 4.6 PROTECTIVE RELAY MARKET, BY APPLICATION

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Integration of renewable energy into existing power grids
    • 5.2.1.2 Rising shift toward modern numeric relays
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Inadequate investments in grid stability
    • 5.2.2.2 High R&D costs and strict regulations
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Integration of advanced technologies into grid operations
    • 5.2.3.2 Advent of customizable and flexible protective relays
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Vulnerability to cyber threats
• 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
• 5.4 PRICING ANALYSIS
  • 5.4.1 INDICATIVE PRICING TREND, BY VOLTAGE
  • 5.4.2 AVERAGE SELLING PRICE TREND OF PROTECTIVE RELAYS, BY REGION
• 5.5 SUPPLY CHAIN ANALYSIS
  • 5.5.1 PROTECTIVE RELAY MANUFACTURERS
  • 5.5.2 PROTECTIVE RELAY SUPPLIERS
  • 5.5.3 END USERS
• 5.6 ECOSYSTEM ANALYSIS
• 5.7 TECHNOLOGY ANALYSIS
  • 5.7.1 KEY TECHNOLOGIES
    • 5.7.1.1 Digital signal processing
    • 5.7.1.2 Microprocessor-based relays
  • 5.7.2 COMPLEMENTARY TECHNOLOGIES
    • 5.7.2.1 Adaptive protective technology
    • 5.7.2.2 Mirror operation
  • 5.7.3 ADJACENT TECHNOLOGIES
    • 5.7.3.1 Self-testing capabilities
    • 5.7.3.2 GPS synchronization
• 5.8 CASE STUDY ANALYSIS
  • 5.8.1 ADOPTION OF LITTELFUSE MP8000 HELPED ENHANCE PLANT EFFICIENCY AND SAFETY
  • 5.8.2 INTEGRATION OF PROTECTIVE RELAY-POWERED SSC SYSTEMS INTO UTILITY GRIDS TO MITIGATE VOLTAGE AND FREQUENCY FLUCTUATION CHALLENGES
  • 5.8.3 TORONTO HYDRO ENHANCED SYSTEM RELIABILITY BY ADOPTING MODERN DIGITAL PROTECTIVE RELAYS
• 5.9 PATENT ANALYSIS
• 5.10 TRADE ANALYSIS
  • 5.10.1 EXPORT DATA (HS CODE 8536)
  • 5.10.2 IMPORT DATA (HS CODE 8536)
• 5.11 KEY CONFERENCES AND EVENTS, 2024-2025
• 5.12 TARIFF AND REGULATORY LANDSCAPE
  • 5.12.1 TARIFF ANALYSIS
  • 5.12.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.12.3 REGULATIONS
• 5.13 PORTER'S FIVE FORCES ANALYSIS
  • 5.13.1 THREAT OF SUBSTITUTES
  • 5.13.2 BARGAINING POWER OF SUPPLIERS
  • 5.13.3 BARGAINING POWER OF BUYERS
  • 5.13.4 THREAT OF NEW ENTRANTS
  • 5.13.5 INTENSITY OF COMPETITIVE RIVALRY
• 5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.14.2 BUYING CRITERIA
• 5.15 INVESTMENT AND FUNDING SCENARIO
• 5.16 IMPACT OF AI/GENERATIVE AI ON PROTECTIVE RELAY MARKET
  • 5.16.1 ADOPTION OF AI/GENERATIVE AI BY PROTECTIVE RELAY MANUFACTURERS
  • 5.16.2 IMPACT OF AI/GENERATIVE AI ON SUPPLY CHAIN, BY APPLICATION AND REGION
  • 5.16.3 IMPACT OF AI/GENERATIVE AI ON PROTECTIVE RELAY MARKET, BY REGION

6 PROTECTIVE RELAY MARKET, BY APPLICATION

• 6.1 INTRODUCTION
• 6.2 GENERATORS
  • 6.2.1 ACCURACY IN ADDRESSING VARIOUS FAULTS TO DRIVE MARKET
• 6.3 TRANSMISSION LINES
  • 6.3.1 RISING INTEGRATION OF RENEWABLE ENERGY SOURCES WITH TRANSMISSION NETWORKS TO ACCELERATE DEMAND
• 6.4 BUSBARS
  • 6.4.1 ABILITY TO MINIMIZE DOWNTIME AND OPERATIONAL DISRUPTIONS IN INDUSTRIAL SETTINGS TO SPUR DEMAND
• 6.5 TRANSFORMERS
  • 6.5.1 INCREASING NEED TO PREVENT OVERLOADING OF TRANSFORMERS TO BOOST DEMAND
• 6.6 FEEDERS
  • 6.6.1 RISING NEED TO MINIMIZE DAMAGE IN ELECTRICAL NETWORKS AND CONNECTED EQUIPMENT TO ACCELERATE DEMAND
• 6.7 MOTORS
  • 6.7.1 INCREASING DEMAND TO OPTIMIZE MOTOR PERFORMANCE TO DRIVE MARKET
• 6.8 OTHER APPLICATIONS

7 PROTECTIVE RELAY MARKET, BY VOLTAGE

• 7.1 INTRODUCTION
• 7.2 VERY HIGH
  • 7.2.1 GROWING APPLICATION IN TRANSMISSION INFRASTRUCTURE, TRANSFORMERS, AND INDUSTRIAL MACHINERY TO DRIVE MARKET
• 7.3 HIGH
  • 7.3.1 INCREASING DEMAND FROM MINING, POWER GENERATION, AND OIL & GAS SECTORS TO FUEL MARKET GROWTH
• 7.4 MEDIUM
  • 7.4.1 EXPANDING GLOBAL DISTRIBUTION INFRASTRUCTURE TO ACCELERATE DEMAND
• 7.5 LOW
  • 7.5.1 RISING DEMAND FOR INTELLIGENT MOTOR PROTECTION CONTROLLERS TO DRIVE MARKET

8 PROTECTIVE RELAY MARKET, BY TECHNOLOGY

• 8.1 INTRODUCTION
• 8.2 DIGITAL & NUMERIC RELAYS
  • 8.2.1 GROWING NEED TO DETECT FAULTS WITHIN INDUSTRIAL PROCESSES TO FOSTER MARKET GROWTH
• 8.3 ELECTROMECHANICAL & STATIC RELAYS
  • 8.3.1 RISING USE OF MACHINE TOOL CONTROL AND INDUSTRIAL ASSEMBLY LINES TO DRIVE DEMAND

9 PROTECTIVE RELAY MARKET, BY END USER

• 9.1 INTRODUCTION
• 9.2 UTILITIES
  • 9.2.1 ADVENT OF ADVANCED MICROPROCESSOR-BASED RELAYS TO OFFER LUCRATIVE GROWTH OPPORTUNITIES
• 9.3 INDUSTRIAL
  • 9.3.1 EVOLUTION OF INDUSTRY 4.0 TO BOOST DEMAND
• 9.4 RAILWAYS
  • 9.4.1 EXPANSION OF HIGH-SPEED RAIL NETWORKS TO DRIVE MARKET
    • 9.4.1.1 25 kV/50 Hz
    • 9.4.1.2 25 kV/60 Hz
    • 9.4.1.3 15 kV/16.7 Hz
• 9.5 OTHERS

10 PROTECTIVE RELAY MARKET, BY REGION

• 10.1 INTRODUCTION
• 10.2 ASIA PACIFIC
  • 10.2.1 CHINA
    • 10.2.1.1 Expanding energy and manufacturing sectors to boost demand
  • 10.2.2 INDIA
    • 10.2.2.1 Government-led initiatives to boost infrastructure development to foster market growth
  • 10.2.3 JAPAN
    • 10.2.3.1 Increasing emphasis on grid modernization to drive market
  • 10.2.4 AUSTRALIA
    • 10.2.4.1 Rising focus on technological advancements to spur demand
  • 10.2.5 SOUTH KOREA
    • 10.2.5.1 Growing demand for uninterrupted and reliable operations across power systems to drive market
  • 10.2.6 REST OF ASIA PACIFIC
• 10.3 NORTH AMERICA
  • 10.3.1 US
    • 10.3.1.1 Government-led initiatives to modernize and optimize transformers to foster market growth
  • 10.3.2 CANADA
    • 10.3.2.1 Increasing investments to upgrade electricity utilities to accelerate demand
  • 10.3.3 MEXICO
    • 10.3.3.1 Rising need to modernize electricity network to drive market
• 10.4 EUROPE
  • 10.4.1 UK
    • 10.4.1.1 Pressing need to reduce carbon emissions to accelerate demand
  • 10.4.2 GERMANY
    • 10.4.2.1 Increasing investment in wind and solar power projects to offer lucrative growth opportunities
  • 10.4.3 ITALY
    • 10.4.3.1 Growing focus on modernizing transportation network to drive market
  • 10.4.4 FRANCE
    • 10.4.4.1 Growing shift toward IoT-integrated grids to accelerate demand
  • 10.4.5 SPAIN
    • 10.4.5.1 Rising investments in power infrastructure development to spur demand
  • 10.4.6 REST OF EUROPE
• 10.5 MIDDLE EAST & AFRICA
  • 10.5.1 GCC
    • 10.5.1.1 Saudi Arabia
      • 10.5.1.1.1 Rapid urbanization and industrialization to spur demand
    • 10.5.1.2 UAE
      • 10.5.1.2.1 Rising need for sustainable electricity to offer lucrative growth opportunities
    • 10.5.1.3 Qatar
      • 10.5.1.3.1 Increasing focus on boosting power generation capacity to drive demand
    • 10.5.1.4 Rest of GCC
  • 10.5.2 EGYPT
    • 10.5.2.1 Growing emphasis on enhancing renewable energy capacity to spur demand
  • 10.5.3 SOUTH AFRICA
    • 10.5.3.1 Government initiatives promoting stable electricity supply to boost demand
  • 10.5.4 REST OF MIDDLE EAST & AFRICA
• 10.6 SOUTH AMERICA
  • 10.6.1 BRAZIL
    • 10.6.1.1 Growing renewable energy sector to offer lucrative growth opportunities
  • 10.6.2 ARGENTINA
    • 10.6.2.1 Rising electricity demand to drive market
  • 10.6.3 REST OF SOUTH AMERICA

11 COMPETITIVE LANDSCAPE

• 11.1 OVERVIEW
• 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019-2024
• 11.3 MARKET SHARE ANALYSIS, 2023
• 11.4 MARKET EVALUATION FRAMEWORK
• 11.5 REVENUE ANALYSIS, 2019-2023
• 11.6 COMPANY VALUATION AND FINANCIAL METRICS
• 11.7 BRAND/PRODUCT COMPARISON
• 11.8 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
  • 11.8.1 STARS
  • 11.8.2 EMERGING LEADERS
  • 11.8.3 PERVASIVE PLAYERS
  • 11.8.4 PARTICIPANTS
  • 11.8.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
    • 11.8.5.1 Company footprint
    • 11.8.5.2 Region footprint
    • 11.8.5.3 Voltage footprint
    • 11.8.5.4 Technology footprint
    • 11.8.5.5 Application footprint
    • 11.8.5.6 End user footprint
• 11.9 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
  • 11.9.1 PROGRESSIVE COMPANIES
  • 11.9.2 RESPONSIVE COMPANIES
  • 11.9.3 DYNAMIC COMPANIES
  • 11.9.4 STARTING BLOCKS
  • 11.9.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    • 11.9.5.1 Detailed list of key startups/SMEs
    • 11.9.5.2 Competitive benchmarking of key startups/SMEs
• 11.10 COMPETITIVE SCENARIO AND TRENDS
  • 11.10.1 PRODUCT LAUNCHES
  • 11.10.2 DEALS
  • 11.10.3 OTHERS

12 COMPANY PROFILES

• 12.1 KEY PLAYERS
  • 12.1.1 ABB
    • 12.1.1.1 Business overview
    • 12.1.1.2 Products/Solutions/Services offered
    • 12.1.1.3 Recent developments
      • 12.1.1.3.1 Deals
    • 12.1.1.4 MnM view
      • 12.1.1.4.1 Key strengths/Right to win
      • 12.1.1.4.2 Strategic choices
      • 12.1.1.4.3 Weaknesses/Competitive threats
  • 12.1.2 SCHNEIDER ELECTRIC
    • 12.1.2.1 Business overview
    • 12.1.2.2 Products/Solutions/Services offered
    • 12.1.2.3 Recent developments
      • 12.1.2.3.1 Expansions
    • 12.1.2.4 MnM view
      • 12.1.2.4.1 Key strengths/Right to win
      • 12.1.2.4.2 Strategic choices
      • 12.1.2.4.3 Weaknesses/Competitive threats
  • 12.1.3 SIEMENS
    • 12.1.3.1 Business overview
    • 12.1.3.2 Products/Solutions/Services offered
    • 12.1.3.3 Recent developments
      • 12.1.3.3.1 Product launches
      • 12.1.3.3.2 Others
    • 12.1.3.4 MnM view
      • 12.1.3.4.1 Key strengths/Right to win
      • 12.1.3.4.2 Strategic choices
      • 12.1.3.4.3 Weaknesses/Competitive threats
  • 12.1.4 GENERAL ELECTRIC COMPANY
    • 12.1.4.1 Business overview
    • 12.1.4.2 Products/Solutions/Services offered
    • 12.1.4.3 Recent developments
      • 12.1.4.3.1 Deals
      • 12.1.4.3.2 Others
    • 12.1.4.4 MnM view
      • 12.1.4.4.1 Key strengths/Right to win
      • 12.1.4.4.2 Strategic choices
      • 12.1.4.4.3 Weaknesses/Competitive Threats
  • 12.1.5 EATON
    • 12.1.5.1 Business overview
    • 12.1.5.2 Products/Solutions/Services offered
    • 12.1.5.3 Recent developments
      • 12.1.5.3.1 Deals
    • 12.1.5.4 MnM view
      • 12.1.5.4.1 Key strengths/Right to win
      • 12.1.5.4.2 Strategic choices
      • 12.1.5.4.3 Weaknesses/Competitive threats
  • 12.1.6 TOSHIBA CORPORATION
    • 12.1.6.1 Business overview
    • 12.1.6.2 Products/Solutions/Services offered
    • 12.1.6.3 Recent developments
      • 12.1.6.3.1 Others
  • 12.1.7 SCHWEITZER ENGINEERING LABORATORIES, INC.
    • 12.1.7.1 Business overview
    • 12.1.7.2 Products/Solutions/Services offered
    • 12.1.7.3 Recent developments
      • 12.1.7.3.1 Product launches
      • 12.1.7.3.2 Deals
  • 12.1.8 MITSUBISHI ELECTRIC CORPORATION
    • 12.1.8.1 Business overview
    • 12.1.8.2 Products/Solutions/Services offered
    • 12.1.8.3 Recent developments
      • 12.1.8.3.1 Deals
  • 12.1.9 SALZER
    • 12.1.9.1 Business overview
    • 12.1.9.2 Products/Solutions/Services offered
  • 12.1.10 LITTELFUSE, INC.
    • 12.1.10.1 Business overview
    • 12.1.10.2 Products/Solutions/Services offered
    • 12.1.10.3 Recent developments
      • 12.1.10.3.1 Expansions
  • 12.1.11 ROCKWELL AUTOMATION
    • 12.1.11.1 Business overview
    • 12.1.11.2 Products/Solutions/Services offered
  • 12.1.12 LARSEN & TOUBRO LIMITED
    • 12.1.12.1 Business overview
    • 12.1.12.2 Products/Solutions/Services offered
  • 12.1.13 CG POWER & INDUSTRIAL SOLUTIONS LTD.
    • 12.1.13.1 Business overview
    • 12.1.13.2 Products/Solutions/Services offered
  • 12.1.14 ZIV
    • 12.1.14.1 Business overview
    • 12.1.14.2 Products/Solutions/Services offered
  • 12.1.15 BECKWITH ELECTRIC
    • 12.1.15.1 Business overview
    • 12.1.15.2 Products/Solutions/Services offered
• 12.2 OTHER PLAYERS
  • 12.2.1 PHASETRONICS INC. DBA MOTORTRONICS
  • 12.2.2 ERLPHASE POWER TECHNOLOGIES LTD
  • 12.2.3 ARCTEQ RELAYS LTD
  • 12.2.4 ORION ITALIA S.R.L
  • 12.2.5 ASHIDA
  • 12.2.6 FOUR-FAITH SMART POWER TECHNOLOGY CO., LTD
  • 12.2.7 BASLER ELECTRIC
  • 12.2.8 GK POWER EXPERTISE PVT LTD
  • 12.2.9 SELCO
  • 12.2.10 OMRON CORPORATION

13 APPENDIX

• 13.1 INSIGHTS FROM INDUSTRY EXPERTS
• 13.2 DISCUSSION GUIDE
• 13.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 13.4 CUSTOMIZATION OPTIONS
• 13.5 RELATED REPORTS
• 13.6 AUTHOR DETAILS