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PUBLISHER: Grand View Research | PRODUCT CODE: 1404730
PUBLISHER: Grand View Research | PRODUCT CODE: 1404730
GCC Protective Relay Market Size, Share & Trends Analysis Report, By Voltage, By Application, By End-use, By Country, And Segment Forecasts, 2023 - 2030
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PAGES: 130 Pages
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GCC Protective Relay Market Growth & Trends:
The GCC protective relay market size is expected to reach USD 592.3 Million by 2030, registering at a CAGR of 5.0% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. Escalating investments in the transmission & distribution infrastructure to substitute the aging equipment is a key factor instigating the protective relay demand in the power systems. The increasing complexity of electrical circuits has made it unavoidable to use protective devices for the safe & secure operation. The increasing electricity generation capacity to fulfill the growing population's electricity needs is anticipated to remain as a chief factor driving the market growth. However, the cost associated with the installation & maintenance of protective relays is projected to challenge the market over the forecast period.
The GCC protective relay market is expected to gain prominence over the forecast period owing to the population growth coupled with the increasing domestic power consumption in Saudi Arabia. Furthermore, upcoming events, such as 2022 FIFA World Cup, would further lead to increased investments in the infrastructure development, thereby spurring the electricity demand in GCC. This would subsequently elevate the need for protective relays to safeguard the power systems in this region.
GCC Protective Relay Market Report Highlights:
- The medium voltage held the largest market share of 44.2% in 2022. This is due to their usage in the protection of buildings such as houses, hospitals, shopping malls, and warehouses, which supply medium voltage power.
- The growth in the feeder protection application segment can be primarily attributed to the surging need to protect overhead cables and lines utilized for the electricity transmission. The feeder protection segment dominated the market with the highest revenue share of 27.5% in 2022.
- The power sector is projected to witness a significant growth over the forecast period owing to the integration of relays to ensure safety and security of equipment and personnel at the power stations.
- Saudi Arabia accounted for more than 45.5% of the overall share in 2022. However, UAE is estimated to exhibit the high growth over the next few years owing to the surging industrial, infrastructure, and power projects in this country.
- The key market participants include Siemens, ABB, GE-Alstom, and Schneider. Industry participants strive to undertake product differentiation and technological advancements so as to gain a competitive edge in the market
Product Code: GVR-1-68038-263-1
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Voltage
- 1.1.2. Application
- 1.1.3. End use
- 1.1.4. Regional scope
- 1.1.5. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary route of administrations
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Voltage
- 2.2.2. Application
- 2.2.3. End use
- 2.2.4. Regional outlook
- 2.3. Competitive Insights
Chapter 3. GCC Protective Relay Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.4. GCC Protective Relay Market Analysis Tools
- 3.4.1. Industry analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
- 3.4.1. Industry analysis - Porter's
Chapter 4. GCC Protective Relay Market: Voltage Estimates & Trend Analysis
- 4.1. GCC Protective Relay Market: Key Takeaways
- 4.2. GCC Protective Relay Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Low voltage
- 4.3.1. Low voltage market estimates and forecasts, 2017 to 2030 (USD Million)
- 4.4. Medium voltage
- 4.4.1. Medium voltage market estimates and forecasts, 2017 to 2030 (USD Million)
- 4.5. High voltage
- 4.5.1. High voltage market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 5. GCC Protective Relay Market: Application Estimates & Trend Analysis
- 5.1. GCC Protective Relay Market: Key Takeaways
- 5.2. GCC Protective Relay Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Feeder protection
- 5.3.1. Feeder protection market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.4. Generator protection
- 5.4.1. Generator protection market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.5. Bus-bar protection
- 5.5.1. Bus-bar protection market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.6. Capacitor bank protection
- 5.6.1. Capacitor bank protection market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.7. Breaker protection
- 5.7.1. Breaker protection market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.8. Transformer protection
- 5.8.1. Transformer protection market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.9. Other
- 5.9.1. Other market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 6. GCC Protective Relay Market: End Use Estimates & Trend Analysis
- 6.1. GCC Protective Relay Market: Key Takeaways
- 6.2. GCC Protective Relay Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Infrastructure
- 6.3.1. Infrastructure market estimates and forecasts, 2017 to 2030 (USD Million)
- 6.4. Industrial
- 6.4.1. Industrial market estimates and forecasts, 2017 to 2030 (USD Million)
- 6.5. Government
- 6.5.1. Government market estimates and forecasts, 2017 to 2030 (USD Million)
- 6.6. Power
- 6.6.1. Power market estimates and forecasts, 2017 to 2030 (USD Million)
- 6.7. Others
- 6.7.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 7. GCC Protective Relay Market: Regional Estimates & Trend Analysis
- 7.1. GCC Protective Relay Market by Region: Key Takeaway
- 7.2. GCC
- 7.2.1. Market estimates and forecasts, 2017 - 2030 (Revenue, USD Million)
- 7.2.2. Saudi Arabia
- 7.2.2.1. Market estimates and forecasts, 2017 - 2030 (Revenue, USD Million)
- 7.2.3. UAE
- 7.2.3.1. Market estimates and forecasts, 2017 - 2030 (Revenue, USD Million)
- 7.2.4. Bahrain
- 7.2.4.1. Market estimates and forecasts, 2017 - 2030 (Revenue, USD Million)
- 7.2.5. Kuwait
- 7.2.5.1. Market estimates and forecasts, 2017 - 2030 (Revenue, USD Million)
- 7.2.6. Qatar
- 7.2.6.1. Market estimates and forecasts, 2017 - 2030 (Revenue, USD Million)
- 7.2.7. Oman
- 7.2.7.1. Market estimates and forecasts, 2017 - 2030 (Revenue, USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Market Participant Categorization
- 8.2.1. ABB
- 8.2.1.1. Company overview
- 8.2.1.2. Financial performance
- 8.2.1.3. Product benchmarking
- 8.2.1.4. Strategic initiatives
- 8.2.2. Eaton
- 8.2.2.1. Company overview
- 8.2.2.2. Financial performance
- 8.2.2.3. Product benchmarking
- 8.2.2.4. Strategic initiatives
- 8.2.3. General Electric
- 8.2.3.1. Company overview
- 8.2.3.2. Financial performance
- 8.2.3.3. Product benchmarking
- 8.2.3.4. Strategic initiatives
- 8.2.4. Seimens
- 8.2.4.1. Company overview
- 8.2.4.2. Financial performance
- 8.2.4.3. Product benchmarking
- 8.2.4.4. Strategic initiatives
- 8.2.5. TIEPCO
- 8.2.5.1. Company overview
- 8.2.5.2. Financial performance
- 8.2.5.3. Product benchmarking
- 8.2.5.4. Strategic initiatives
- 8.2.6. Toshiba Corporation
- 8.2.6.1. Company overview
- 8.2.6.2. Financial performance
- 8.2.6.3. Product benchmarking
- 8.2.6.4. Strategic initiatives
- 8.2.7. THYEAST
- 8.2.7.1. Company overview
- 8.2.7.2. Financial performance
- 8.2.7.3. Product benchmarking
- 8.2.7.4. Strategic initiatives
- 8.2.8. Mitsubishi Electric Corporation
- 8.2.8.1. Company overview
- 8.2.8.2. Financial performance
- 8.2.8.3. Product benchmarking
- 8.2.8.4. Strategic initiatives
- 8.2.9. Fanox
- 8.2.9.1. Company overview
- 8.2.9.2. Financial performance
- 8.2.9.3. Product benchmarking
- 8.2.9.4. Strategic initiatives
- 8.2.10. Schneider Electric
- 8.2.10.1. Company overview
- 8.2.10.2. Financial performance
- 8.2.10.3. Product benchmarking
- 8.2.10.4. Strategic initiatives
- 8.2.11. NR Electric Co., Ltd.
- 8.2.11.1. Company overview
- 8.2.11.2. Financial performance
- 8.2.11.3. Product benchmarking
- 8.2.11.4. Strategic initiatives
- 8.2.12. Doble Engineering Company.
- 8.2.12.1. Company overview
- 8.2.12.2. Financial performance
- 8.2.12.3. Product benchmarking
- 8.2.12.4. Strategic initiatives
- 8.2.1. ABB
Product Code: GVR-1-68038-263-1
List of Tables
- Table 1 List of abbreviations
- Table 2 GCC protective relay market, by voltage, 2017 - 2030 (USD Million)
- Table 3 GCC protective relay market, by application, 2017 - 2030 (USD Million)
- Table 4 GCC protective relay market, by end use, 2017 - 2030 (USD Million)
- Table 5 GCC protective relay market, by region, 2017 - 2030 (USD Million)
- Table 6 Saudi Arabia GCC protective relay market, by voltage, 2017 - 2030 (USD Million)
- Table 7 Saudi Arabia GCC protective relay market, by application, 2017 - 2030 (USD Million)
- Table 8 Saudi Arabia GCC protective relay market, by end use, 2017 - 2030 (USD Million)
- Table 9 UAE GCC protective relay market, by voltage, 2017 - 2030 (USD Million)
- Table 10 UAE GCC protective relay market, by application, 2017 - 2030 (USD Million)
- Table 11 UAE GCC protective relay market, by end use, 2017 - 2030 (USD Million)
- Table 12 Bahrain GCC protective relay market, by voltage, 2017 - 2030 (USD Million)
- Table 13 Bahrain GCC protective relay market, by application, 2017 - 2030 (USD Million)
- Table 14 Bahrain GCC protective relay market, by end use, 2017 - 2030 (USD Million)
- Table 15 Kuwait GCC protective relay market, by voltage, 2017 - 2030 (USD Million)
- Table 16 Kuwait GCC protective relay market, by application, 2017 - 2030 (USD Million)
- Table 17 Kuwait GCC protective relay market, by end use, 2017 - 2030 (USD Million)
- Table 18 Qatar GCC protective relay market, by voltage, 2017 - 2030 (USD Million)
- Table 19 Qatar GCC protective relay market, by application, 2017 - 2030 (USD Million)
- Table 20 Qatar GCC protective relay market, by end use, 2017 - 2030 (USD Million)
- Table 21 Oman GCC protective relay market, by voltage, 2017 - 2030 (USD Million)
- Table 22 Oman GCC protective relay market, by application, 2017 - 2030 (USD Million)
- Table 23 Oman GCC protective relay market, by end use, 2017 - 2030 (USD Million)
List of Figures
- Fig. 1 Market research process
- Fig. 2 Data triangulation techniques
- Fig. 3 Primary research pattern
- Fig. 4 Market research approaches
- Fig. 5 Value-chain-based sizing & forecasting
- Fig. 6 QFD modeling for market share assessment
- Fig. 7 Market formulation & validation
- Fig. 8 GCC protective relay: Market outlook
- Fig. 9 GCC protective relay: Competitive insights
- Fig. 10 Parent market outlook
- Fig. 11 Related/ancillary market outlook
- Fig. 12 Penetration and growth prospect mapping
- Fig. 13 Industry value chain analysis
- Fig. 14 GCC protective relay market driver impact
- Fig. 15 GCC protective relay market restraint impact
- Fig. 16 GCC protective relay market strategic initiatives analysis
- Fig. 17 GCC protective relay market: Voltage movement analysis
- Fig. 18 GCC protective relay market: Voltage outlook and key takeaways
- Fig. 19 Low voltage market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 20 Medium voltage market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 21 High voltage market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 22 GCC protective relay market: Application movement analysis
- Fig. 23 GCC protective relay market: Application outlook and key takeaways
- Fig. 24 Feeder protection market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 25 Generator protection market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 26 Bus-bar protection market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 27 Capacitor bank protection market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 28 Breaker protection market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 29 Transformer protection market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 30 Other protection market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 31 GCC protective relay market: End use movement analysis
- Fig. 32 GCC protective relay market: End use outlook and key takeaways
- Fig. 33 Infrastructure market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 34 Industrial market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 35 Government market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 36 Power market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 37 Others market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 38 GCC protective relay market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 39 Saudi Arabia market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 40 UAE market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 41 Bahrain market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 42 Kuwait market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 43 Qatar market estimates and forecasts, 2017 - 2030 (USD Million)
- Fig. 44 Oman market estimates and forecasts, 2017 - 2030 (USD Million)
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