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News  ›  GlobeNewswire Inc.

Protective Relay Market Size to Surpass USD 5.04 Billion by 2033 | Report by SNS Insider

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Sns Insider
Protective Relay Market Size to Surpass USD 5.04 Billion by 2033 | Report by SNS Insider

The U.S. protective relay market is projected to grow from USD 0.65B in 2025 to USD 1.08B by 2033, with a 6.47% CAGR, driven by grid modernization, renewable energy integration, and industrial automation.

Insights
NVDA   positive

First company to reach $4 trillion market cap, now over $5 trillion


SIEGY   positive

Announced collaboration with Hitachi Energy to develop advanced digital protective relays and substation automation solutions