APAC to dominate the global relay protection market – China, India, and the Philippines to emerge as key revenue generating regions
Protective relay: Key market research findings Modernization of substations drives market growth Feeder protection accounts for a majority of the market’s revenue Key vendors – ABB, Alstom, GE, SEL, and Siemens Technavio’s market research analysts predict the global protective relay market to grow at a CAGR of more than 10% between 2016 and 2020….