Reverse Power Relay Market: Overview

An electrical regulated switch is known as a relay. Relays are widely used where a number of circuits need to be controlled by single signal or by other low-power signal. Reverse power relay is a directional protective relay, which protects back flow of power in reverse direction. A relay is used to prevent back flow of power from an active generator to the utility or other generator when a generator operates in parallel with another generator or utility. The relay inspects the power from a generator and in case the power output drops below the set value it disconnects the generator coil to prevent power flow into the stator coil.

A reverse power relay is built from lightweight non-magnetic aluminum disc enclosed in two iron core electromagnets which are fixed on a spindle. The upper magnet is wound with voltage coil, while the other output magnet is wound with a current coil, which is connected to the same phase as that of the voltage coil. The current passes through the aluminum disc to generate eddy current. However, torque is developed due to the formation of eddy current, which tries to rotate the disc. In normal conditions, the trip contact on the disc is open and rotation is restricted by stoppers; however, if a reverse power starts to flow the disc rotates in the opposite direction.

The selection of reverse power relay depends upon factors such as sensitivity of reverse power relay,   time delay in reverse power relay, number of phases, power supply, nominal voltage and current, frequency of operation, operational environment, and mounting. A sensitivity of reverse power relay specifies the power setting for activation of a tripping mechanism. The setting is depends on the application. Time delay deals with the time required by the relay to disconnect the power when the preset limit is met. Some relays have inbuilt time delay mechanism, while some have instant cut down mechanism. The relay can be used for a Single-Phase or three-Phase depending upon the application.  The three-Phase relay is available in with three-phase four wire relay or three-phase three wire relay. The nominal voltage ratings of the system should be 110, 230, 380, 415 and 480 volts, and 2, 4, 6, 8 and 10 A or 5 A are the nominal current ratings. The operational frequency of the system needs to be 50, 60, and 400Hz for proper functioning of a reverse power relay. The operational environment refers to the surrounding temperature. Mounting can be of DIN rail mounting, panel, or wall mounting.

Reverse Power Relay Market: Key Segments

The global reverse power relay market can be segregated into type, end-use, and region. Based on type, market can be bifurcated into single-phase and three-phase. The single-phase relay has only one measuring element. This relay can be used to protect generators from reverse power conditions. It is used to prevent power flow from small gen-sets to grid and to detect failure in the grid. The three-Phase reverse power relay is used for three-Phase connections and functions that are similar to the Single-Phase reverse power relay. In terms of end-use, the reverse power relay market can be classified into telecom equipment and household automation.

Reverse Power Relay Market: Regional Outlook

Based on region, the global reverse power relay market can be split into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific is expected to lead the global reverse power relay market during the forecast period, followed by North America. The reverse power relay market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period. Latin America and Middle East & Africa are likely to account for small share of the reverse power relay market.

Reverse Power Relay Market: Key Players

Key players operating in the global reverse power relay market include ABB, Eaton, Siemens AG, Alstom, OMRON Corporation, and Schneider Electric.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Reverse Power Relay Market

Pre Book