Market Forecast By Voltage (Low Voltage Protective Relay, Medium Voltage Protective Relay, High Voltage Protective Relay), By Applications (Feeder Protection, Transmission Line Protection, Transformer Protection, Motor Protection & Others), By End Users (Industrial, Power Utilities & Other) And Competitive Landscape
As per 6Wresearch, India Protective Relay Market size is anticipated to register growth during 2020-26. The Indian market is expected to register a decline in demand during 2020, due to global pandemic COVID-19, which has led to an economic slowdown in the country affecting the government investment and infrastructure projects in the country. However, the market is expected to regain momentum by the first half of 2021. Changing government policies such as the ‘Make in India’ campaign to promote industrialization, especially the manufacturing sector would lead to an increase in demand for uninterrupted power supply in the country, resulting in and a further increase in demand for protective relay market in the country.
Key Highlights of the Report:
- India Protective Relay Market Overview
- India Protective Relay Market Outlook
- India Protective Relay Market Forecast
- Historical Data of India Protective Relay Market Revenues & Volume for the Period 2016-2019
- India Protective Relay Market Size and India Protective Relay Market Forecast of Revenues & Volume, Until 2026
- Historical Data of India Protective Relay Market Revenues & Volume, By Voltage, for the Period 2016-2019
- Market Size & Forecast of India Protective Relay Market Revenues & Volume, By Voltage, Until 2026
- Historical Data of India Protective Relay Market Revenues & Volume, By Applications, for the Period 2016-2019
- Market Size & Forecast of India Protective Relay Market Revenues & Volume, By Applications, Until 2026
- Historical Data of India Protective Relay Market Revenues & Volume, By End Users, for the Period 2016-2019
- Market Size & Forecast of India Protective Relay Market Revenues & Volume, By End Users, Until 2026
- Market Drivers and Restraints
- India Protective Relay Market Price Trends
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