Tuesday 26 May 2020

Distribution Feeder Protection System Market 2020 COVID – 19 Impact Analysis, Development Status and Strategic Assessment 2024


Distribution feeder protection systems are classified based on their voltage rating as medium voltage and low voltage. The medium voltage distribution feeder protection systems are widely used in any facility or plant that demands a large amount of power and utilizes medium voltage electricity. Low voltage distribution feeder protection systems are widely used in domestic & light industrial applications, power control centres and commercial consumer end transformers.
The main function of distribution feeder protection system is to safeguard the distribution system from directional overcurrent, non-directional overcurrent, time overcurrent and breaker failure element. The distribution feeder protection system reduces equipment damage & power interruptions and improves power quality & system safety. Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 on Distribution Feeder Protection System Market is included in the present report.
Industry Highlights
Distribution feeder protection systems find their wide range of applications in power plants, industrial plants and conventional electric utility companies. The growing demand for electricity and the unstable electricity supply situation in most developing countries will aid in the growth of the distribution feeder protection system market over the forecast period.
The medium voltage distribution feeder protection systems are expected to hold a larger market size as compared to low voltage distribution feeder protection systems. This is due to the growing number of data centres, centralized chilling facilities, power substations and high-rise infrastructure where the medium voltage distribution feeder protection system has a wide application to safeguard distribution system from overloading and power failure issues. Also, the growing network extension activities of medium voltage transmission and distribution is expected to drive the growth of the global medium voltage distribution feeder protection system market.

Segmentation
Global distribution feeder protective system market has been segmented based on voltage rating and end user.
On the basis of voltage rating, the market is segmented as low voltage and medium voltage.
The end user segment is further sub-segmented into transmission & distribution utility, manufacturing & processing industries, and commercial & residential.
 The transmission & distribution utility sub-segment of the global distribution feeder protective system market is estimated to register the highest growth rate during the forecast period. These distribution feeder protection systems are widely used in power plants, industrial plants and conventional electric utility companies.


Leading Players
The key players of global distribution feeder protection system market are ABB Group (Switzerland), Siemens Ltd. (Germany), General Electric Company (USA), Crompton Greaves Ltd. (India), Toshiba Corporation (Japan), Basler Electric Company. (USA), Mitsubishi Electric Corporation (Japan), Schweitzer Engineering Laboratories, Inc. (USA), Littelfuse, Inc. (USA), Schneider Electric SA (France), Fanox Electronic, S.L. (Spain) and Eaton Co. Plc. (Ireland) among others.

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