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Telecontrol Market Estimated to Reach $9.31 Billion in 2018 Growing at a CAGR of 28.67% to 2018 - New Report by MarketsandMarkets
Date:12/4/2013

ction market and forecasts the market to 2018, based on product, components, applications, and geography. This global report gives a bird’s eye-view of the market across geographies - North America, Europe, Asia-Pacific, and ROW (Rest of the World). North America is the largest geography in terms of teleprotection market value. APAC has been identified as the fastest growing region, with China and Japan leading the way. Europe and ROW are also promising markets, with Germany and the U.K. in Europe, and the Middle-East and Latin America in ROW providing impetus to the growth. The report profiles 22 promising players in the teleprotection market ecosystem.

The competitive landscape of the market presents a very interesting picture, where large number of small players has become a force to reckon with. The market is witnessing large scale collaboration and partnership across the value chain with number of tier-one players around the globe.

Major players in this teleprotection market include ABB Ltd. (Switzerland), Alcatel Lucent S.A. (France), Alstom S.A. (France), Cisco Systems (U.S.), DNV Kema (The Netherlands), GE Energy (U.S.), Nokia (Finland), Telco systems (U.S.), Siemens AG (Germany), Schweitzer Engineering Laboratories, Inc. (U.S.) and so on.

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