LONDON, Dec. 31, 2014 /PRNewswire/ --
About Teleprotection
Teleprotection provides a secure and sustained supply of electricity to ensure stability and efficiency of systems. Teleprotection protects systems from failure and damage by disconnecting them from reactors, transformers, and high-voltage lines if a faulty connection is detected. The system relies on a symmetric telecom network for providing a communication channel between devices. With the help of these channels, the time delay between the units is measured, which is further required to make observations to identify faults. Teleprotection systems are adopted by some major sectors such as Power and Telecom and are gaining popularity in the Aerospace, Defense, Transportation, and IT sectors.
TechNavio's analysts forecast the Global Teleprotection market to grow at a CAGR of 21.7 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Teleprotection market for the period 2015-2019.
To calculate the market size, the report considers revenue generated from the sales of teleprotection systems that include the following:
- Teleprotection hardware
- Teleprotection software
The report consolidates the revenue generated from the following major sectors:
- Power
- Telecom
The market is highly fragmented with the presence of a large number of small and large vendors. Therefore, the report does not provide the market share of the vendors; it only lists the key vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global Teleprotection market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
Key Regions
- Americas
- EMEA
- APAC
Key Vendors
- ABB
- General Electric
- Schneider Electric
- Siemens Energy
Other Prominent Vendors
- Alcatel-Lucent
- Alstom Sa
- Altalink
- Amperion
- Conolog
- Itron
- Ambient Corporation
- Nokia Oyj
- Orion Telecom Networks
- Rad Data Communications
- RFL Solution
- Schweitzer Engineering Laboratories
- Selta Spa
- Texas Instruments
- Valiant Communications
Market Driver
- Need for Uninterrupted Power Supply
- For a full, detailed list, view our report
Market Challenge
- High Cost of Implementation
- For a full, detailed list, view our report
Market Trend
- High Adoption in Aerospace and Defense Sectors
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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