Beginning early in January, Newton-Evans Research Company will again be gathering survey-based data for its newest four-volume market study, the Worldwide Study of the Protective Relay Marketplace: 2019-2022, planned for publication late 1st quarter 2019. Some of the questions this study will answer include: 1) Will IEC 61850-based protective relay products gain a higher market share among North American utilities? 2) Is there a change coming in protective relay market leadership? 3) With growing utility emphasis on DA, the integration of renewables, storage devices and demand-side management tools, will there be a need for additional protective relays in MV substations and embedded in a new generation of distributed field equipment?
The 2019 study will measure current market sizes and will include market projections on a world region basis for the next few years. The extensive 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 2016 relay market study indicate that the North American protective relay market then stood at $660 million for the combined utility and industrial market segments. It will be important for the P&C community to learn how changes in the world market and grid modernization since 2016 will affect the outlook for 2019-2022.
In one recent Newton-Evans private-client survey, it was observed that within the North American market alone there remained hundreds of thousands of older electromechanical relays and relay-centric devices in service in utility, industrial and commercial electric power delivery operations. Such units were embedded in, or integral to, the operation of motors, generators, switchgear and circuit breakers among other devices. As these installed units age in place, upgrades to (and replacement with) digital relays will form a substantial portion of P&C industry growth.
The 2016 study also found that there remained a small electromechanical share of the overall protective relay market that will continue for some years – for as long as such units continue to be manufactured. Worldwide, $90-$110 million of electromechanical relay units are shipped annually.
Methodology
Field survey work will be conducted using a mix of primary research methods including personal interviews, e-mail and fax surveys, combined with follow-up telephone interviews. Over the past 40 years, more than 1,500 electric utilities have participated in one or more Newton-Evans grid modernization and protective relay-related studies.
ORDER FORM:http://www.newton-evans.com/2019ProtRelayBrochurePRE-SUBSCRIBE_JAN25_2019.pdf
Call, fax or email to subscribe to this study before JANUARY 25, 2019 to take advantage of pre-publication pricing and the opportunity to have your topics for survey questions included.
1) Receive the discount price of $5,750 for all four report volumes with pre-paid subscriptions, and
2) Have your relay-related market and technical questions included in our global survey of P&C engineering managers and protection engineering personnel.
Information descriptive of the 2016-2018 edition of this study can be found here: https://www.newton-evans.com/product/the-worldwide-study-of-the-protective-relay-marketplace-in-electric-utilitie-2016-2018-complete-set/
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
summary reviews and highlights from completed studies
