North America Protective Relay Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

North America Protective Relays Market is segmented by Voltage Range (Low, Medium, High), Application (Feeder Protection, Transmission Line Protection, Transformer Protection, Motor Protection), End-user Industry (Utilities, Industries, Other End-user Industries), and Country (United States, Canada). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

North America Protective Relay Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

North America Protective Relays Market Size

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North America protective relays market
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 5.60 %
Market Concentration Medium

Major Players

North America Protective Relays Market size

*Disclaimer: Major Players sorted in no particular order

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North America Protective Relays Market Analysis

The North America Protective Relays Market is expected to register a CAGR of 5.6% during the forecast period.

  • A protective relay is a device that is designed to trip a circuit breaker whenever an electrical fault is detected. It triggers an alarm if any abnormality is found within the electrical circuit. These protective relays can be differentiated on a number of factors, such as actuating parameters or based on the applications.
  • The demand for protective relays has been growing across the region with an increase in electricity consumption and more focus of governments towards infrastructural investments. Other factors which are driving the market are the increasing prevalence of renewable energy along with the rising investments towards renewable energy projects in the North American region.
  • Organizations in the region make use of protective relays for various applications, not only in the power sector but in other sectors also such as infrastructure, including projects such as rural electrification, electrification of road and rail networks, etc. The region also has a higher level of industrialization as compared to other regions.
  • Moreover, with the advent of smart grid networks across the region, the demand for smart protective relays is also anticipated to rise. Further, owing to the increasing environmental concerns regarding the excess utilization of conventional sources of energy, the growth of the renewable energy sector is anticipated to draw new infrastructural investments that will spur the demand for protective relays.
  • The region has also been increasing its production of energy from renewable sources such as solar, wind, geothermal, ocean, and hydro. In order to connect these renewable power sources to the main grid, there has been an upgradation of the transmission and distribution systems. Therefore, with the increase in newer transmission and distribution systems, the demand for the protective relay will also increase.

North America Protective Relays Industry Overview

The North American Protective Relays Market is highly competitive owing to the presence of multiple domestic and international vendors operating in the region. The market appears to be moderately concentrated, with multiple players adopting strategies such as product innovation, mergers, and acquisitions to expand their reach. Some of the major players operating in the market are ABB Ltd., Schneider Electric SE, Woodward Inc., Schweitzer Engineering Laboratories, among others.

  • Mar 2020 - ABB announced that it had upgraded its REX640 protection relay that further enhances communication security and flexibility in advanced power generation and distribution applications. The REX640 supports a variety of communication protocols, such as IEC 60870-5-104 for power system automation. The IEC 60870-5-104 also enables easier and direct connection to an upper-level system, such as SCADA (Supervisory Control and Data Acquisition), without any gateway.
  • May 2021 - Basler Electric, which is a designer and manufacturer of power control and protection devices, launched its BE1-FLEX, which is a protective relay platform. This is the latest product in the company's BE1 family of digital protection devices. The BE1-FLEX is customizable both in the factory and in the field. Also, the BE1-FLEX can be adapted to solve various future protection challenges without having to be removed from its installation.

North America Protective Relays Market Leaders

  1. ABB Ltd.

  2. Schneider Electric SE

  3. Schweitzer Engineering Laboratories

  4. Woodward Inc.

  5. Eaton Corporation

  6. *Disclaimer: Major Players sorted in no particular order
 ABB Ltd.  Schneider Electric SE, Schweitzer Engineering Laboratories, Woodward Inc.,  Eaton Corporation, Siemens AG,  Littelfuse Inc.
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North America Protective Relays Market News

  • Jun 2021 - ABB launched a new addition to its Relion product family, primarily designed to support safe, smart, and sustainable electrification. Packed with innovative simplicity, the REX610 makes protecting grids, industrial processes, and people easier.

North America Protective Relays Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growth in Electricity Consumption
    • 4.2.2 Increasing Usage of Renewable Energy
  • 4.3 Market Restraints
    • 4.3.1 Higher Installation Costs
  • 4.4 Industry Value Chain Analysis
  • 4.5 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry
  • 4.6 Assessment of Impact of Covid-19 on the Industry

5. MARKET SEGMENTATION

  • 5.1 By Voltage Range
    • 5.1.1 Low-Voltage Protective Relay
    • 5.1.2 Medium-Voltage Protective Relay
    • 5.1.3 High-Voltage Protective Relay
  • 5.2 By Application
    • 5.2.1 Feeder Protection
    • 5.2.2 Transmission Line Protection
    • 5.2.3 Transformer Protection
    • 5.2.4 Motor Protection
    • 5.2.5 Other Applications
  • 5.3 By Country
    • 5.3.1 United States
    • 5.3.2 Canada

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 ABB Ltd.
    • 6.1.2 Schneider Electric SE
    • 6.1.3 Schweitzer Engineering Laboratories
    • 6.1.4 Woodward Inc.
    • 6.1.5 Eaton Corporation
    • 6.1.6 Siemens AG
    • 6.1.7 Littelfuse Inc.
    • 6.1.8 General Electric
    • 6.1.9 Mitsubishi Electric Corporation
    • 6.1.10 Toshiba Corporation
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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North America Protective Relays Industry Segmentation

Protective relay work as a sensing device, which senses the fault, then knows its position, and instructs the tripping to the circuit breaker. The circuit breaker, after taking control from the protective relay, disconnects the faulted element. The report covers the protective relay based on voltage range, such as low, medium, and high voltage used in various applications, such as feeder protection and transformer protection, among others, in various end-user industries, such as utilities, industries, among others, across the North American region.

By Voltage Range Low-Voltage Protective Relay
Medium-Voltage Protective Relay
High-Voltage Protective Relay
By Application Feeder Protection
Transmission Line Protection
Transformer Protection
Motor Protection
Other Applications
By Country United States
Canada
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North America Protective Relays Market Research FAQs

What is the current North America Protective Relays Market size?

The North America Protective Relays Market is projected to register a CAGR of 5.6% during the forecast period (2025-2030)

Who are the key players in North America Protective Relays Market?

ABB Ltd., Schneider Electric SE, Schweitzer Engineering Laboratories, Woodward Inc. and Eaton Corporation are the major companies operating in the North America Protective Relays Market.

What years does this North America Protective Relays Market cover?

The report covers the North America Protective Relays Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Protective Relays Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

North America Protective Relays Industry Report

Statistics for the 2025 North America Protective Relays market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Protective Relays analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.