Protective Relay Market Share

Protective Relay Market Share

ABB Ltd. and Siemens AG hold a significant market share of over 25% in the protective relay industry. ABB offers a comprehensive range of protective relays catering to various applications and industries. The diverse product portfolio includes advanced digital relays, motor protection relays, feeder protection relays, and more, meeting the needs of a wide customer base.
 

Siemens places a strong emphasis on digitalization and connectivity in its protective relay offerings. The integration of communication capabilities, data analytics, and remote monitoring features enhances the functionality of Siemens' protective relays, supporting utilities and industries in their efforts towards digital transformation. This helps the company to get a competitive advantage in the market.
 

Protective Relay Market Companies

Major players operating in the protective relay industry are:

• ABB Ltd.
• Siemens AG
• Schneider Electric SE
• Schweitzer Engineering Laboratories, Inc.
• Eaton Corporation Plc.
• Mitsubishi Electric Corporation
• Toshiba Corporation
• FANOX ELECTRONIC, SL
• Larson & Toubro Limited
• NR Electric Co., Ltd.
• Rockwell Automation Inc.