Concise Analysis of the International Teleprotection Market -Forecasts to 2018

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Research and Markets

Mar 11, 2014, 11:05 ET

DUBLIN, Mar. 11, 2014 /PRNewswire/ --

Research and Markets

(

http://www.researchandmarkets.com/research/6pk59f/teleprotection

) has announced the addition of the

"Concise Analysis of the International Teleprotection Market -Forecasts to 2018"

report to their offering.

(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

The teleprotection market is currently in its initiation phase and is expected to transition to the growth phase scaling billions of revenues in the years to come. The total market value of teleprotection market was $2.30 billion in 2012, which is likely to increase till $9.31 billion in 2018 with an estimated CAGR of 28.67%. The influence of product marketers to provide multifunctional solutions that comply with strict communication protocols drove the market to the upper limits of the overall ecosystem. Teleprotection software, service and communication network technology market are also going to do an excellent business across the forecast period.

The key drivers of the teleprotection industry include aging grid infrastructure in the power industry, the influence of product marketers to provide multifunctional solutions that comply with strict communication protocols, reduction in transmission and distribution loss, huge rise in demand levels expected from diverse fields in power and telecom and huge demand of uninterrupted power supply from developing countries.

Teleprotection, in spite of its exceptional demand, still experiences some restraints for market growth. The key market restraints can be identified as the high cost factor, high level of expenditure, investments to deploy the system, lack of interoperability standards and protocols to use and install the teleprotection systems and differences between electricity regulations across the geographies.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Cover Story: Primary Research Interview

4 Premium Insights

5 Market Overview

6 Teleprotection Market Analysis

7 By Product Type

8 By Components

9 By Application

10 By Geography

11 Competitive Landscape

12 Company Profiles