Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 8.12 |
The Motor Protection Relays Market size is estimated to grow at a CAGR of 5.12% between 2022 and 2032. The market size is forecast to increase by USD 2,567.89 million. The growth of the market depends on several factors, including the increasing demand for motor-driven equipment in various industries, the need for efficient motor protection and control systems, and the growing focus on energy efficiency and sustainability. Motor protection relays are essential components in motor control systems that monitor and protect motors from electrical faults, overloads, and other abnormal operating conditions. These relays provide critical functions such as motor overload protection, phase loss protection, short circuit protection, and ground fault protection, ensuring the safe and reliable operation of motors in industrial applications.
Motor Protection Relays Market Overview:
Drivers:
One of the key factors driving the motor protection relays market growth is the increasing demand for motor-driven equipment in various industries. Industries such as manufacturing, oil and gas, mining, and water and wastewater treatment heavily rely on motor-driven equipment for their operations. The growing industrialization and automation across these sectors have led to a significant increase in the installation of motors, creating a demand for motor protection relays to ensure the safe and efficient operation of these motors. Additionally, the rising focus on energy efficiency and sustainability has led to the adoption of advanced motor control systems that incorporate motor protection relays to optimize motor performance and reduce energy consumption. Hence, such factors are expected to drive market growth during the forecast period.
Trends:
A key trend shaping the motor protection relays market growth is the integration of advanced communication and monitoring capabilities in motor protection relays. With the advent of the Industrial Internet of Things (IIoT) and Industry 4.0, there is a growing need for real-time monitoring and remote control of motor-driven equipment. Motor protection relays with built-in communication interfaces, such as Ethernet, Modbus, and Profibus, enable seamless integration with supervisory control and data acquisition (SCADA) systems, allowing operators to monitor motor performance, diagnose faults, and perform preventive maintenance remotely. Additionally, the integration of advanced analytics and machine learning algorithms in motor protection relays enables predictive maintenance, optimizing motor performance and reducing downtime. Hence, such advancements are expected to drive market growth during the forecast period.
Restraints:
One of the key challenges hindering the motor protection relays market growth is the high initial cost of installation and implementation. Motor protection relays require specialized equipment and expertise for installation and configuration, which can be costly for small and medium-sized enterprises. Additionally, the integration of advanced communication and monitoring capabilities in motor protection relays may require additional investments in infrastructure and training. These cost factors can act as barriers to the adoption of motor protection relays, particularly in cost-sensitive industries. Furthermore, the lack of awareness and understanding about the benefits of motor protection relays among end-users can also impede market growth. Hence, such factors are expected to hinder market growth during the forecast period.
Motor Protection Relays Market Segmentation By Application:
The industrial sector is estimated to witness significant growth in the motor protection relays market during the forecast period. Motor-driven equipment plays a critical role in various industrial applications, including manufacturing, oil and gas, mining, and water and wastewater treatment. These industries rely on motors for powering pumps, compressors, conveyors, fans, and other essential equipment. Motor protection relays provide crucial functions such as overload protection, phase loss protection, and short circuit protection, ensuring the safe and reliable operation of motors in these industrial applications. Additionally, the integration of advanced communication and monitoring capabilities in motor protection relays enables real-time monitoring, fault diagnosis, and preventive maintenance, optimizing the performance and efficiency of motor-driven equipment. Hence, the industrial sector is expected to drive the growth of this segment, which in turn will drive the market growth during the forecast period.
Motor Protection Relays Market Segmentation By Type:
The thermal overload relays segment is expected to witness significant growth in the motor protection relays market during the forecast period. Thermal overload relays are widely used for motor overload protection, which is one of the primary functions of motor protection relays. These relays monitor the motor's current and temperature and trip the motor circuit in case of an overload condition, preventing motor damage and ensuring safe operation. Thermal overload relays are cost-effective and reliable solutions for motor protection, making them suitable for a wide range of applications across industries. Additionally, the integration of advanced features such as adjustable trip settings and remote monitoring capabilities in thermal overload relays further enhances their functionality and usability. Hence, the thermal overload relays segment is expected to drive the market growth during the forecast period.
Regional Overview:
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North America is estimated to contribute 35% to the growth of the global motor protection relays market during the forecast period. The region has a well-established industrial sector, including manufacturing, oil and gas, and mining, which heavily rely on motor-driven equipment for their operations. The increasing adoption of automation and advanced motor control systems in these industries drives the demand for motor protection relays to ensure the safe and efficient operation of motors. Additionally, the presence of key market players in North America, such as General Electric, Eaton Corporation, and ABB Ltd., further boosts the growth of the motor protection relays market in the region. Furthermore, the growing focus on energy efficiency and sustainability in North America drives the adoption of motor protection relays to optimize motor performance and reduce energy consumption. Hence, such factors are expected to drive market growth in the region during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global motor protection relays market witnessed a temporary slowdown due to the disruptions in the supply chain and the temporary closure of manufacturing facilities. However, with the gradual resumption of economic activities and the recovery of industrial sectors, the demand for motor protection relays is expected to rebound. The increasing emphasis on workplace safety and the need for reliable motor protection systems in critical industries such as healthcare and pharmaceuticals further drive the market during the forecast period.
Motor Protection Relays Market Customer Landscape:
The motor protection relays market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Motor Protection Relays Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The research report also includes detailed analyses of the competitive landscape of the market and information about 10 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview:
The motor protection relays market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
o Industrial
o Commercial
o Residential
Geography Outlook (USD Million, 2019 - 2032)
Key Benefits for Stakeholders
Table of Contents
Global Motor Protection Relays Market Research Report 2018
1 Motor Protection Relays Market Overview
1.1 Product Overview and Scope of Motor Protection Relays
1.2 Motor Protection Relays Segment by Type (Product Category)
1.2.1 Global Motor Protection Relays Production and CAGR (%) Comparison by Type (Product Category)(2013-2025)
1.2.2 Global Motor Protection Relays Production Market Share by Type (Product Category) in 2017
1.2.3 Automatic Reset Motor Protection Relays
1.2.4 Manual Reset Motor Protection Relays
1.3 Global Motor Protection Relays Segment by Application
1.3.1 Motor Protection Relays Consumption (Sales) Comparison by Application (2013-2025)
1.3.2 Air-conditioning Compressor Motor
1.3.3 Conveyors Motor
1.3.4 Cranes/Hoists Motor
1.3.5 Lifts Motor
1.3.6 Other
1.4 Global Motor Protection Relays Market by Region (2013-2025)
1.4.1 Global Motor Protection Relays Market Size (Value) and CAGR (%) Comparison by Region (2013-2025)
1.4.2 United States Status and Prospect (2013-2025)
1.4.3 EU Status and Prospect (2013-2025)
1.4.4 China Status and Prospect (2013-2025)
1.4.5 Japan Status and Prospect (2013-2025)
1.4.6 South Korea Status and Prospect (2013-2025)
1.4.7 Taiwan Status and Prospect (2013-2025)
1.5 Global Market Size (Value) of Motor Protection Relays (2013-2025)
1.5.1 Global Motor Protection Relays Revenue Status and Outlook (2013-2025)
1.5.2 Global Motor Protection Relays Capacity, Production Status and Outlook (2013-2025)
2 Global Motor Protection Relays Market Competition by Manufacturers
2.1 Global Motor Protection Relays Capacity, Production and Share by Manufacturers (2013-2018)
2.1.1 Global Motor Protection Relays Capacity and Share by Manufacturers (2013-2018)
2.1.2 Global Motor Protection Relays Production and Share by Manufacturers (2013-2018)
2.2 Global Motor Protection Relays Revenue and Share by Manufacturers (2013-2018)
2.3 Global Motor Protection Relays Average Price by Manufacturers (2013-2018)
2.4 Manufacturers Motor Protection Relays Manufacturing Base Distribution, Sales Area and Product Type
2.5 Motor Protection Relays Market Competitive Situation and Trends
2.5.1 Motor Protection Relays Market Concentration Rate
2.5.2 Motor Protection Relays Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion
3 Global Motor Protection Relays Capacity, Production, Revenue (Value) by Region (2013-2018)
3.1 Global Motor Protection Relays Capacity and Market Share by Region (2013-2018)
3.2 Global Motor Protection Relays Production and Market Share by Region (2013-2018)
3.3 Global Motor Protection Relays Revenue (Value) and Market Share by Region (2013-2018)
3.4 Global Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.5 United States Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.6 EU Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.7 China Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.8 Japan Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.9 South Korea Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
3.10 Taiwan Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
4 Global Motor Protection Relays Supply (Production), Consumption, Export, Import by Region (2013-2018)
4.1 Global Motor Protection Relays Consumption by Region (2013-2018)
4.2 United States Motor Protection Relays Production, Consumption, Export, Import (2013-2018)
4.3 EU Motor Protection Relays Production, Consumption, Export, Import (2013-2018)
4.4 China Motor Protection Relays Production, Consumption, Export, Import (2013-2018)
4.5 Japan Motor Protection Relays Production, Consumption, Export, Import (2013-2018)
4.6 South Korea Motor Protection Relays Production, Consumption, Export, Import (2013-2018)
4.7 Taiwan Motor Protection Relays Production, Consumption, Export, Import (2013-2018)
5 Global Motor Protection Relays Production, Revenue (Value), Price Trend by Type
5.1 Global Motor Protection Relays Production and Market Share by Type (2013-2018)
5.2 Global Motor Protection Relays Revenue and Market Share by Type (2013-2018)
5.3 Global Motor Protection Relays Price by Type (2013-2018)
5.4 Global Motor Protection Relays Production Growth by Type (2013-2018)
6 Global Motor Protection Relays Market Analysis by Application
6.1 Global Motor Protection Relays Consumption and Market Share by Application (2013-2018)
6.2 Global Motor Protection Relays Consumption Growth Rate by Application (2013-2018)
6.3 Market Drivers and Opportunities
6.3.1 Potential Applications
6.3.2 Emerging Markets/Countries
7 Global Motor Protection Relays Manufacturers Profiles/Analysis
7.1 ABB
7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2 Motor Protection Relays Product Category, Application and Specification
7.1.2.1 Product A
7.1.2.2 Product B
7.1.3 ABB Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.1.4 Main Business/Business Overview
7.2 Eaton
7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.2.2 Motor Protection Relays Product Category, Application and Specification
7.2.2.1 Product A
7.2.2.2 Product B
7.2.3 Eaton Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.2.4 Main Business/Business Overview
7.3 Omron
7.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.3.2 Motor Protection Relays Product Category, Application and Specification
7.3.2.1 Product A
7.3.2.2 Product B
7.3.3 Omron Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.3.4 Main Business/Business Overview
7.4 Schneider Electric
7.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.4.2 Motor Protection Relays Product Category, Application and Specification
7.4.2.1 Product A
7.4.2.2 Product B
7.4.3 Schneider Electric Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.4.4 Main Business/Business Overview
7.5 GE Grid Solutions
7.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.5.2 Motor Protection Relays Product Category, Application and Specification
7.5.2.1 Product A
7.5.2.2 Product B
7.5.3 GE Grid Solutions Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.5.4 Main Business/Business Overview
7.6 Siemens
7.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.6.2 Motor Protection Relays Product Category, Application and Specification
7.6.2.1 Product A
7.6.2.2 Product B
7.6.3 Siemens Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.6.4 Main Business/Business Overview
7.7 SEL
7.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.7.2 Motor Protection Relays Product Category, Application and Specification
7.7.2.1 Product A
7.7.2.2 Product B
7.7.3 SEL Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.7.4 Main Business/Business Overview
7.8 Toshiba-tds
7.8.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.8.2 Motor Protection Relays Product Category, Application and Specification
7.8.2.1 Product A
7.8.2.2 Product B
7.8.3 Toshiba-tds Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.8.4 Main Business/Business Overview
7.9 Mitsubishi Electric
7.9.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.9.2 Motor Protection Relays Product Category, Application and Specification
7.9.2.1 Product A
7.9.2.2 Product B
7.9.3 Mitsubishi Electric Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.9.4 Main Business/Business Overview
7.10 Rockwell Automation
7.10.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.10.2 Motor Protection Relays Product Category, Application and Specification
7.10.2.1 Product A
7.10.2.2 Product B
7.10.3 Rockwell Automation Motor Protection Relays Capacity, Production, Revenue, Price and Gross Margin (2013-2018)
7.10.4 Main Business/Business Overview
7.11 LOVATO Electric
7.12 Minilec
7.13 Woodward
7.14 Littelfuse
7.15 Western Products
8 Motor Protection Relays Manufacturing Cost Analysis
8.1 Motor Protection Relays Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Motor Protection Relays
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Motor Protection Relays Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Motor Protection Relays Major Manufacturers in 2017
9.4 Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
12 Global Motor Protection Relays Market Forecast (2018-2025)
12.1 Global Motor Protection Relays Capacity, Production, Revenue Forecast (2018-2025)
12.1.1 Global Motor Protection Relays Capacity, Production and Growth Rate Forecast (2018-2025)
12.1.2 Global Motor Protection Relays Revenue and Growth Rate Forecast (2018-2025)
12.1.3 Global Motor Protection Relays Price and Trend Forecast (2018-2025)
12.2 Global Motor Protection Relays Production, Consumption , Import and Export Forecast by Region (2018-2025)
12.2.1 United States Motor Protection Relays Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.2 EU Motor Protection Relays Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.3 China Motor Protection Relays Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.4 Japan Motor Protection Relays Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.5 South Korea Motor Protection Relays Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.2.6 Taiwan Motor Protection Relays Production, Revenue, Consumption, Export and Import Forecast (2018-2025)
12.3 Global Motor Protection Relays Production, Revenue and Price Forecast by Type (2018-2025)
12.4 Global Motor Protection Relays Consumption Forecast by Application (2018-2025)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer
List of Tables and Figures
Figure Picture of Motor Protection Relays
Figure Global Motor Protection Relays Production (K Units) and CAGR (%) Comparison by Types (Product Category) (2013-2025)
Figure Global Motor Protection Relays Production Market Share by Types (Product Category) in 2017
Figure Product Picture of Automatic Reset Motor Protection Relays
Table Major Manufacturers of Automatic Reset Motor Protection Relays
Figure Product Picture of Manual Reset Motor Protection Relays
Table Major Manufacturers of Manual Reset Motor Protection Relays
Figure Global Motor Protection Relays Consumption (K Units) by Applications (2013-2025)
Figure Global Motor Protection Relays Consumption Market Share by Applications in 2017
Figure Air-conditioning Compressor Motor Examples
Table Key Downstream Customer in Air-conditioning Compressor Motor
Figure Conveyors Motor Examples
Table Key Downstream Customer in Conveyors Motor
Figure Cranes/Hoists Motor Examples
Table Key Downstream Customer in Cranes/Hoists Motor
Figure Lifts Motor Examples
Table Key Downstream Customer in Lifts Motor
Figure Other Examples
Table Key Downstream Customer in Other
Figure Global Motor Protection Relays Market Size (Million USD), Comparison (K Units) and CAGR (%) by Regions (2013-2025)
Figure United States Motor Protection Relays Revenue (Million USD) and Growth Rate (2013-2025)
Figure EU Motor Protection Relays Revenue (Million USD) and Growth Rate (2013-2025)
Figure China Motor Protection Relays Revenue (Million USD) and Growth Rate (2013-2025)
Figure Japan Motor Protection Relays Revenue (Million USD) and Growth Rate (2013-2025)
Figure South Korea Motor Protection Relays Revenue (Million USD) and Growth Rate (2013-2025)
Figure Taiwan Motor Protection Relays Revenue (Million USD) and Growth Rate (2013-2025)
Figure Global Motor Protection Relays Revenue (Million USD) Status and Outlook (2013-2025)
Figure Global Motor Protection Relays Capacity, Production (K Units) Status and Outlook (2013-2025)
Figure Global Motor Protection Relays Major Players Product Capacity (K Units) (2013-2018)
Table Global Motor Protection Relays Capacity (K Units) of Key Manufacturers (2013-2018)
Table Global Motor Protection Relays Capacity Market Share of Key Manufacturers (2013-2018)
Figure Global Motor Protection Relays Capacity (K Units) of Key Manufacturers in 2017
Figure Global Motor Protection Relays Capacity (K Units) of Key Manufacturers in 2018
Figure Global Motor Protection Relays Major Players Product Production (K Units) (2013-2018)
Table Global Motor Protection Relays Production (K Units) of Key Manufacturers (2013-2018)
Table Global Motor Protection Relays Production Share by Manufacturers (2013-2018)
Figure 2017 Motor Protection Relays Production Share by Manufacturers
Figure 2017 Motor Protection Relays Production Share by Manufacturers
Figure Global Motor Protection Relays Major Players Product Revenue (Million USD) (2013-2018)
Table Global Motor Protection Relays Revenue (Million USD) by Manufacturers (2013-2018)
Table Global Motor Protection Relays Revenue Share by Manufacturers (2013-2018)
Table 2017 Global Motor Protection Relays Revenue Share by Manufacturers
Table 2018 Global Motor Protection Relays Revenue Share by Manufacturers
Table Global Market Motor Protection Relays Average Price (USD/Unit) of Key Manufacturers (2013-2018)
Figure Global Market Motor Protection Relays Average Price (USD/Unit) of Key Manufacturers in 2017
Table Manufacturers Motor Protection Relays Manufacturing Base Distribution and Sales Area
Table Manufacturers Motor Protection Relays Product Category
Figure Motor Protection Relays Market Share of Top 3 Manufacturers
Figure Motor Protection Relays Market Share of Top 5 Manufacturers
Table Global Motor Protection Relays Capacity (K Units) by Region (2013-2018)
Figure Global Motor Protection Relays Capacity Market Share by Region (2013-2018)
Figure Global Motor Protection Relays Capacity Market Share by Region (2013-2018)
Figure 2017 Global Motor Protection Relays Capacity Market Share by Region
Table Global Motor Protection Relays Production by Region (2013-2018)
Figure Global Motor Protection Relays Production (K Units) by Region (2013-2018)
Figure Global Motor Protection Relays Production Market Share by Region (2013-2018)
Figure 2017 Global Motor Protection Relays Production Market Share by Region
Table Global Motor Protection Relays Revenue (Million USD) by Region (2013-2018)
Table Global Motor Protection Relays Revenue Market Share by Region (2013-2018)
Figure Global Motor Protection Relays Revenue Market Share by Region (2013-2018)
Table 2017 Global Motor Protection Relays Revenue Market Share by Region
Figure Global Motor Protection Relays Capacity, Production (K Units) and Growth Rate (2013-2018)
Table Global Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table United States Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table EU Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table China Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table Japan Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table South Korea Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table Taiwan Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Table Global Motor Protection Relays Consumption (K Units) Market by Region (2013-2018)
Table Global Motor Protection Relays Consumption Market Share by Region (2013-2018)
Figure Global Motor Protection Relays Consumption Market Share by Region (2013-2018)
Figure 2017 Global Motor Protection Relays Consumption (K Units) Market Share by Region
Table United States Motor Protection Relays Production, Consumption, Import & Export (K Units) (2013-2018)
Table EU Motor Protection Relays Production, Consumption, Import & Export (K Units) (2013-2018)
Table China Motor Protection Relays Production, Consumption, Import & Export (K Units) (2013-2018)
Table Japan Motor Protection Relays Production, Consumption, Import & Export (K Units) (2013-2018)
Table South Korea Motor Protection Relays Production, Consumption, Import & Export (K Units) (2013-2018)
Table Taiwan Motor Protection Relays Production, Consumption, Import & Export (K Units) (2013-2018)
Table Global Motor Protection Relays Production (K Units) by Type (2013-2018)
Table Global Motor Protection Relays Production Share by Type (2013-2018)
Figure Production Market Share of Motor Protection Relays by Type (2013-2018)
Figure 2017 Production Market Share of Motor Protection Relays by Type
Table Global Motor Protection Relays Revenue (Million USD) by Type (2013-2018)
Table Global Motor Protection Relays Revenue Share by Type (2013-2018)
Figure Production Revenue Share of Motor Protection Relays by Type (2013-2018)
Figure 2017 Revenue Market Share of Motor Protection Relays by Type
Table Global Motor Protection Relays Price (USD/Unit) by Type (2013-2018)
Figure Global Motor Protection Relays Production Growth by Type (2013-2018)
Table Global Motor Protection Relays Consumption (K Units) by Application (2013-2018)
Table Global Motor Protection Relays Consumption Market Share by Application (2013-2018)
Figure Global Motor Protection Relays Consumption Market Share by Applications (2013-2018)
Figure Global Motor Protection Relays Consumption Market Share by Application in 2017
Table Global Motor Protection Relays Consumption Growth Rate by Application (2013-2018)
Figure Global Motor Protection Relays Consumption Growth Rate by Application (2013-2018)
Table ABB Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table ABB Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure ABB Motor Protection Relays Production Growth Rate (2013-2018)
Figure ABB Motor Protection Relays Production Market Share (2013-2018)
Figure ABB Motor Protection Relays Revenue Market Share (2013-2018)
Table Eaton Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Eaton Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Eaton Motor Protection Relays Production Growth Rate (2013-2018)
Figure Eaton Motor Protection Relays Production Market Share (2013-2018)
Figure Eaton Motor Protection Relays Revenue Market Share (2013-2018)
Table Omron Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Omron Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Omron Motor Protection Relays Production Growth Rate (2013-2018)
Figure Omron Motor Protection Relays Production Market Share (2013-2018)
Figure Omron Motor Protection Relays Revenue Market Share (2013-2018)
Table Schneider Electric Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Schneider Electric Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Schneider Electric Motor Protection Relays Production Growth Rate (2013-2018)
Figure Schneider Electric Motor Protection Relays Production Market Share (2013-2018)
Figure Schneider Electric Motor Protection Relays Revenue Market Share (2013-2018)
Table GE Grid Solutions Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table GE Grid Solutions Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure GE Grid Solutions Motor Protection Relays Production Growth Rate (2013-2018)
Figure GE Grid Solutions Motor Protection Relays Production Market Share (2013-2018)
Figure GE Grid Solutions Motor Protection Relays Revenue Market Share (2013-2018)
Table Siemens Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Siemens Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Siemens Motor Protection Relays Production Growth Rate (2013-2018)
Figure Siemens Motor Protection Relays Production Market Share (2013-2018)
Figure Siemens Motor Protection Relays Revenue Market Share (2013-2018)
Table SEL Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table SEL Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure SEL Motor Protection Relays Production Growth Rate (2013-2018)
Figure SEL Motor Protection Relays Production Market Share (2013-2018)
Figure SEL Motor Protection Relays Revenue Market Share (2013-2018)
Table Toshiba-tds Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Toshiba-tds Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Toshiba-tds Motor Protection Relays Production Growth Rate (2013-2018)
Figure Toshiba-tds Motor Protection Relays Production Market Share (2013-2018)
Figure Toshiba-tds Motor Protection Relays Revenue Market Share (2013-2018)
Table Mitsubishi Electric Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Mitsubishi Electric Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Mitsubishi Electric Motor Protection Relays Production Growth Rate (2013-2018)
Figure Mitsubishi Electric Motor Protection Relays Production Market Share (2013-2018)
Figure Mitsubishi Electric Motor Protection Relays Revenue Market Share (2013-2018)
Table Rockwell Automation Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Rockwell Automation Motor Protection Relays Capacity, Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
Figure Rockwell Automation Motor Protection Relays Production Growth Rate (2013-2018)
Figure Rockwell Automation Motor Protection Relays Production Market Share (2013-2018)
Figure Rockwell Automation Motor Protection Relays Revenue Market Share (2013-2018)
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Motor Protection Relays
Figure Manufacturing Process Analysis of Motor Protection Relays
Figure Motor Protection Relays Industrial Chain Analysis
Table Raw Materials Sources of Motor Protection Relays Major Manufacturers in 2017
Table Major Buyers of Motor Protection Relays
Table Distributors/Traders List
Figure Global Motor Protection Relays Capacity, Production (K Units) and Growth Rate Forecast (2018-2025)
Figure Global Motor Protection Relays Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Figure Global Motor Protection Relays Price (Million USD) and Trend Forecast (2018-2025)
Table Global Motor Protection Relays Production (K Units) Forecast by Region (2018-2025)
Figure Global Motor Protection Relays Production Market Share Forecast by Region (2018-2025)
Table Global Motor Protection Relays Consumption (K Units) Forecast by Region (2018-2025)
Figure Global Motor Protection Relays Consumption Market Share Forecast by Region (2018-2025)
Figure United States Motor Protection Relays Production (K Units) and Growth Rate Forecast (2018-2025)
Figure United States Motor Protection Relays Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table United States Motor Protection Relays Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure EU Motor Protection Relays Production (K Units) and Growth Rate Forecast (2018-2025)
Figure EU Motor Protection Relays Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table EU Motor Protection Relays Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure China Motor Protection Relays Production (K Units) and Growth Rate Forecast (2018-2025)
Figure China Motor Protection Relays Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table China Motor Protection Relays Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure Japan Motor Protection Relays Production (K Units) and Growth Rate Forecast (2018-2025)
Figure Japan Motor Protection Relays Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table Japan Motor Protection Relays Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure South Korea Motor Protection Relays Production (K Units) and Growth Rate Forecast (2018-2025)
Figure South Korea Motor Protection Relays Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table South Korea Motor Protection Relays Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Figure Taiwan Motor Protection Relays Production (K Units) and Growth Rate Forecast (2018-2025)
Figure Taiwan Motor Protection Relays Revenue (Million USD) and Growth Rate Forecast (2018-2025)
Table Taiwan Motor Protection Relays Production, Consumption, Export and Import (K Units) Forecast (2018-2025)
Table Global Motor Protection Relays Production (K Units) Forecast by Type (2018-2025)
Figure Global Motor Protection Relays Production (K Units) Forecast by Type (2018-2025)
Table Global Motor Protection Relays Revenue (Million USD) Forecast by Type (2018-2025)
Figure Global Motor Protection Relays Revenue Market Share Forecast by Type (2018-2025)
Table Global Motor Protection Relays Price Forecast by Type (2018-2025)
Table Global Motor Protection Relays Consumption (K Units) Forecast by Application (2018-2025)
Figure Global Motor Protection Relays Consumption (K Units) Forecast by Application (2018-2025)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Source
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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