The Worldwide Study of the Protective Relay Marketplace in Electric Utilities: 2016-2018, a four volume report series by Newton-Evans Research Company, is scheduled for publication in June of 2016.
Overview
Newton-Evans’ Worldwide Study of the Protective Relay Marketplace: 2016-2018 is planned to be a multi-client study which encompasses the world market for protective relays in the electric utility industry. This four volume report series will be the seventh worldwide study of protective relays which Newton-Evans has undertaken. Participants in this market study will include utility engineers and managers from investor-owned utilities, municipal and provincial utilities, cooperative utilities within the United States and Canada, together with national power systems throughout the world. The study will measure current market sizes and contains projections on a world region basis for the next several years. The entire research program will define the product and market requirements which suppliers must meet in order to successfully participate in one or more of these diverse world market regions.
Newton-Evans Research Company estimates from our earlier 2012 relay market study indicate that the North American protective relay market stood at almost $600 million for both utility and industrial applications. It will be important for the P&C community to learn how changes in the world market conditions since 2014 will affect the outlook for 2016-2018.
Methodology
Field survey work is conducted using a mix of primary research methods including personal interviews, mail surveys, faxes, e-mail and follow-up telephone interviews by Newton-Evans Research Company staff. In addition to discussions with utility managers and influencers, Newton-Evans conducts interviews with protective relay industry officials to gather management impressions about the size, scope, direction and trends in the relay business. Discussions and information exchanges with international suppliers provide additional market insight. Over the past 15 years, more than 1000 utility officials have participated in one or more Newton-Evans grid modernization and protective relay-related studies.
Topics
The survey-based findings in Volumes 1 (North American Market) and 2 (International Market) will discuss the following:
- Number of relays to be purchased over the 2016-2018 period
- Percentage of digital/microprocessor relays in installed base and planned for new and retrofit applications purchases
- Estimates of annual budgets for protective relay hardware purchases
- Level of testing for new digital relays
- Communications approaches for wide area networks
- Relay communications protocol requirements
- Types of relay scheme redundancy used for microprocessor-based relaying terminals
- Third party services for relay testing
- Continued reliance on DNP3 communications protocol in North America
- Level of implementation of IEC 61850 in world regions
- Uses of IEC 61850 within substation, for protection, for control, and for SCADA communications
- Use of fiber optics to connect substations
- Outsourcing trends for relay testing, engineering, integration
- Use of condition based maintenance to reduce maintenance testing time of relay technicians
Volume 3 will provide a market forecast for the relay market through 2018. The survey sample from volumes 1 and 2 will be analyzed by world percentage of distribution line miles, transmission line miles, number of substations, nameplate capacity (as it applies to generator protection), and number of medium to large transformers included in the sample. This data is then used to estimate factory shipments according to type of relay (digital vs. electromechanical vs. solid state), market segment (North American utilities, International utilities, and IPP/Industrial/OEMs), relay application (substation equipment, generators/motors, transmission lines, or distribution feeders), and market share by relay manufacturer.
Volume 4 profiles several of the major relay manufacturers and related equipment providers such as ABB, Alstom Grid, Basler, Beckwith, Eaton-Cooper, FKI, GE Multilin, NARI, RFL-Hubbell, Schneider Electric, SEL, Siemens, and CG-ZIV. Product descriptions and key contacts are provided, as well as reported 2014 and 2015 revenues where available.
Ordering Information
To order the Newton-Evans report, “Worldwide Study of the Protective Relay Marketplace In Electric Utilities: 2016-2018,” give us a call at call 800 222 2856 or +1 410 465 7316 or fax this order form to +1 410 750 7429. Reports will be provided by PDF and sent via email upon project completion in May; be sure to include a valid email address.
Pricing: Single User License
Worldwide Study of the Protective Relay Marketplace In Electric Utilities: 2016-2018
Complete Four Volume Report Series – $5,950
Volume 1: North American Market – $1,750
Volume 2: International Market – $1,750
Volume 3: Market Analysis/Forecast – $2,250
Volume 4: Supplier Profiles – $575
Pricing: Global Site License
Worldwide Study of the Protective Relay Marketplace In Electric Utilities: 2016-2018
Complete Four Volume Report Series – $12,050
Volume 1: North American Market – $3,000
Volume 2: International Market – $3,000
Volume 3: Market Analysis/Forecast – $4,000
Volume 4: Supplier Profiles – $1,000
summary reviews and highlights from completed studies
