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Tag: Digital & Numerical Relay

Comprehensive Report on MV Protection Relay Market Set to Witness Huge Growth by 2023 | ABB, GE, Schneider Electric, Siemens, SEL

Press Release
According to the new market research report "MV Protection Relay Market by Type (Electromechanical & Static Relay, Digital & Numerical Relay), Connected Load (Feeder Lines, Transformers, and Motors), End-User (Utilities, Industrial, and Commercial & Institutional) & Region - Global Forecast to 2023", The MV protection relay market is expected to grow from an estimated USD 860 million in 2018 to USD 1,115 Million by 2023, at a CAGR of 5.33%.. Read More>>

Protective Relay Market Size to Grow $2.7 Billion by 2025

Press Release
The global Protective Relay Market is projected to reach USD 2.7 billion by 2025 from an estimated market size of USD 2.0 billion in 2020, at a CAGR of 5.7% during the forecast period. The global Protective Relay Market is set to witness significant growth owing to increased renewable capacity addition, substation automation, and replacement of older electromechanical relays with new and advanced microprocessor-based relays. The transformer segment is expected. Read More>>

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