Protective Relay Market is expected to increase at a compound annual growth rate (CAGR) of 12.7% from 2025 to 2035

Oct 4, 2025 · 2 min read · The protective relay market was estimated to be worth USD 3.1 billion globally in 2024, and a compound annual growth rate (CAGR) of 12.7% is anticipated throughout the course of the forecast period. The need for protective relays is being driven by a...