North America Protective Relay Market Size, Share, and COVID-19 Impact Analysis, By Technology (Numerical/IED, Static, and Electromechanical), By End-User (Utilities, Industrial, and Commercial & Infrastructure), and North America Protective Relay Market Size Insights, Industry Trends, Forecast to 2035

North America Protective Relay Market Size Insights Forecasts to 2035

• The North America Protective Replay Market Size is Expected to Grow at a CAGR of Around 6.3% from 2025 to 2035
• The North America Protective Replay Market Size is expected to hold a significant share by 2035.

According to a Research Report Published by Spherical Insights & Consulting, The North America Protective Relay Market Size is Growing at a CAGR of 6.3% from 2025 to 2035. The market is driven by a rise in electricity demand and a more pronounced inclination of governments to invest in infrastructure development. solar and wind power are becoming more common, besides the growing financial support for renewable energy projects in North America.

Market Overview

A Protective Relay is an electrical device that is specifically designed to warn of power network malfunctions and to take protective measures to maintain the stability of the system and the equipment. Fault detection is accomplished by the relays through observing the electrical parameters that change, and these changes are indications of the fault's presence, type, and location in the system. The local companies are using protective relays for a variety of purposes, not only in power generation and distribution but also in other areas such as infrastructure, for example, rural electrification, road and rail networks, etc.

In May 2021, Basler Electric, which is a company that designs and manufactures power control and protection devices, introduced its BE1-FLEX, which is a protective relay platform.

The Government of Canada is investing in renewable energy and upgrading the electricity grid, which is helping the entire nation to have access to clean and cheap electricity. Hydropower, which is the main source of renewable energy production, occupies a significant share of electricity generation in Canada. The Government of Canada Portal informs that around 67% of the electricity in Canada comes from renewable sources and 82% of it from non-GHG emitting sources.

The inclusion of cybersecurity measures in the relay design will be a necessity in order to protect communication against digital intrusions and make it secure. The standardisation actions and interoperability frameworks will make the integration of different vendor platforms easy and smooth.

Report Coverage

This research report categorizes the market for the North America Protective Relay Market Size based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America Protective Relay Market Size. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market Relays and analyses their core competencies in each sub-segment of the North America Protective Relay Market Size.

Driving Factors

The Protective Relay market in North America is driven by the growing need for power in homes, businesses, and factories is resulting in the installation of dependable protective systems as power distribution becomes more stable. the modernization and extension of currently used electrical infrastructure, for example, transmission lines, are going to be coupled with the installation of advanced protective relays for maintaining grid stability and safeguarding devices from power supply variability. The ongoing and planned electrification and automation in numerous sectors, such as manufacturing and oil & gas.

Restraining Factors

The protective relay market in North America is restrained by the initial cost of advanced protective relay systems can be very high, which might put off their installation in situations where costs are very important. One of the reasons complexity can slow down the adoption of advanced technologies is that the companies might be reluctant to make extensive changes. There are a lot of competitors in the protective relay market, and they all try to sell their products to the same customers.

Market Segmentation

The North America Protective Relay Market Size share is categorised into technology and end user.

• The numerical/IED segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The North America Protective Relay Market Size is segmented by technology into numerical/IED, static, and electromechanical. Among these, the numerical/IED segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by its cutting-edge capabilities, such as being multi-functional, extremely accurate, and effortlessly connecting with smart grids. It has gained tremendous popularity and has literally overshadowed the conventional static and electromechanical relays in modernising the infrastructure.

• The utilities segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

Based on end user, the North America Protective Relay Market Size is segmented into utilities, industrial, and commercial & infrastructure. Among these, the utilities segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is driven by the modernisation of the grid, the addition of renewable energy sources, and the electricity demand, along with the safety of power infrastructure, which has resulted in a significant increase in smart grid projects and upgrades in both the US and Canada. The industrial and commercial sectors are the next to benefit from this development; however, power companies still hold the leading position primarily due to their large investments in the maintenance and expansion of the key transmission and distribution networks. 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America Protective Relay Market Size, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies                                                                                                                              

• ABB Ltd
• Schneider Electric SE
• Schweitzer Engineering Laboratories
• Woodward Inc.
• Eaton Corporation
• Siemens AG
• Eaton Corporation
• General Electric
• Littelfuse, Inc
• Basler Electric
• Others

Key Target Audience

• Market PRelays
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

In May 2025, ABB introduced Relion REC615, a versatile relay designed for protection, control, monitoring, fault indication, automation, and power quality analysis in medium-voltage secondary power distribution systems.

Market Segment

This study forecasts revenue at the North America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America Protective Relay Market Size based on the below-mentioned segments:

North America Protective Relay Market Size, By Technology

• Numerical/IED
• Static
• Electromechanical

North America Protective Relay Market Size, By End User

• Utilities
• Industrial
• Commercial & Infrastructure