Teleprotection Market Growing with Improved Communication Systems and Protocols

Teleprotection Market research report analyzes this market depending on its market segments, major geographies, and current market trends.

Teleprotection systems prevent failure and damage to systems by disconnecting the faulty part automatically and often remotely. Teleprotection has gained significant traction around utilities and telecom. There is an increased demand for teleprotected grids. Ageing grid infrastructures, improved communication systems and protocols, demand for reducing transmission and distribution losses along others are driving the growth of teleprotection market. Emerging opportunities for teleprotection systems lie in aerospace and defense sector. However, high cost factor, lack of interoperability standards can be a restraint to the growth of teleprotection market.

Get Free Sample Report Brochure PDF:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2123

Various components of the market include teleprotection unit, teleprotection software, and communication network technology. The teleprotection unit part is segmented into multi-service access equipment, optical interface equipment, directional electrical interface equipment, data circuit terminating equipment (DCE) and others. The technology for communication networks can be sub-segmented into conventional and advanced systems. Various hardware components include switches, relays, connecters, voice and teleprotection card, connecter ports, routers, controllers, programmable logic controller (PLC), displays, interface device, and other communication network components.

Various application markets for teleprotection include industry verticals such as telecom, power, information technology (cyber security), oil and gas, transportation, and aerospace and defense, among others. Teleprotection has received significant interest, and the favorable government regulations and policies mainly in developed economies and its demand is expected to grow over the coming years globally. North America and Europe have been experiencing increasing demand for teleprotection units in recent years. Asia Pacific and Latin America are also expected to gain increased traction over the coming years. Key players in this market include Alcatel Lucent S.A., ABB Ltd., Alstom S.A., DNV GL, GE Energy, Cisco Systems, Inc., Nokia Solutions and Networks, Telco systems, Siemens AG, and Schweitzer Engineering Laboratories, Inc., among others.


Contact Details

Company Name: Transparency Market Research
Issued By: Transparency Market Research
Phone: 15186181030
Address: State Tower, 90 State Street, Suite 700
City: Albany
State: New York
Zip: 12207
Country: United States
Website: Visit the website

Keywords : Intellectual Property Market,

by Transparency Market Research (few years ago!)

Latest Press Releases

The Mad Hatter Now Offer a Full Line of Hearth Products and Full Line of Grills

Diabetes Insulin Delivery Pens Market Research Report 2018

Dr Kapadia Provides Tips to Patients Interested in Hair Transplant Procedures

love vashikaran specialist

Solar Blanket Sales Market Report 2018

Spring Bottled Water Market Insights, Forecast to 2025

Biochemical Incubator Sales Market Report 2018

Quinine Sulphate Sales Market Report 2018

Automotive Chassisc System Market Insights, Forecast to 2025

2,6-Dicarboxypyridine market size in key regions like North America, Europe, Asia Pacific an..

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.