Teleprotection is equipment in conjunction with communication links provide the best possible means of selectively isolating faults on high voltage transmission lines, transformers, reactors and other important items of electrical plants. To prevent the power system from failure and damage, the teleprotection system enables to selectively disconnect the faulty part by transferring command signals within the shortest possible time.
In this report we just statistics the equipment/devices, teleprotection software and services are not included.
This report contains market size and forecasts of Teleprotection in global, including the following market information:
Global Teleprotection Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Teleprotection Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Teleprotection companies in 2021 (%)
The global Teleprotection market was valued at 967.2 million in 2021 and is projected to reach US$ 2416.1 million by 2028, at a CAGR of 14.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
4 Independent Commands Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Teleprotection include ABB, Siemens, GE Energy, Alcatel Lucent, Alstom, Nokia, Schweitzer Engineering Laboratories, TC Communications and RFL Electronics. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Teleprotection manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Teleprotection Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Teleprotection Market Segment Percentages, by Type, 2021 (%)
4 Independent Commands
8 Independent Commands
Others
Global Teleprotection Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Teleprotection Market Segment Percentages, by Application, 2021 (%)
Electrical Transmission
Communication for Oil & Gas
Communication for Transportation
Others
Global Teleprotection Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Teleprotection Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Teleprotection revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Teleprotection revenues share in global market, 2021 (%)
Key companies Teleprotection sales in global market, 2017-2022 (Estimated), (Units)
Key companies Teleprotection sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
GE Energy
Alcatel Lucent
Alstom
Nokia
Schweitzer Engineering Laboratories
TC Communications
RFL Electronics