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Global Study Finds Continuing Moderate Growth in Protective Relay Market with Commitment to Improving Protection Coordination and Grid Security Practices

In 2016, Newton-Evans Research Company completed a six-month research study and survey of protective relay usage patterns in the world community of electric power utilities. Findings from 114 large and mid-size utilities in 28 countries pointed to some newer trends in adoption and use of protection and control technology.

Among the key findings reported in the 2016 four-volume study were these:

  • There was a receptive market for incorporating advanced technological capabilities.
  • The role of synchrophasors and teleprotection continued to expand; providing better situational awareness and visualization for control system operators.
  • Most new and retrofit relay units being purchased were digital relays, but in some of the protection applications studied, such as motor protection and
  • large generator applications, and in installations where electrical interference is strong, electro-mechanical and older solid state relays continued to have a niche market position.

  • The annual world market for protective relays and related power systems protection devices continued to grow at a moderate pace that exceeded many other categories of electric utility investments for grid modernization.
  • Manufacturers of protective relays continued to expand their market coverage, with more than 20 firms each enjoying at least some share of the global market.
  • Real-time analysis of synchrophasor data was becoming a major application for the emerging field of operational analytics.
    Communications protocol usage patterns continued to serve as a key differentiator between large and mid-size North American electric utilities and their international counterparts, as shown in the accompanying chart.

 


Newton-Evans is planning to update this study soon for the 2019-2022 market years.
Time is running out to pre-subscribe and receive the discount. Call, fax or email to subscribe to this study before JANUARY 25, 2019 and receive:

  • Submission of topics/questions for possible inclusion in the Newton-Evans field survey of of P&C engineering managers and protection engineering personnel.
  • Subscription provided at a 12% price discount.
  • Periodic findings reported to clients throughout the course of the study.
  • Telephone consultation to review the findings and outlook for the industry.

ORDER FORM:
http://www.newton-evans.com/2019ProtRelayBrochurePRE-SUBSCRIBE_JAN25_2019.pdf

Information about the 2016-2018 edition of this study can be found on the report page for the 2016-2018 study.

Please contact the Newton-Evans staff for additional information, report samples and pricing information:
info@newton-evans.com
Phone: 410-465-7316 or FAX: 443-218-3807