Motor Protection Systems Market size was valued at USD 5.38 Billion in 2023 and is expected to grow at a CAGR of 6.1% from 2024 to 2030, reaching nearly USD 8.14 Billion.Motor Protection Systems Market Overview
The motor protection systems market refers to the industry involved in providing protective solutions for electric motors. These systems are designed to safeguard motors from various electrical and mechanical faults, such as overloading, overheating, voltage fluctuations, phase imbalance, short circuits, and other abnormal operating conditions. By detecting such issues and initiating protective actions, motor protection systems help prevent motor damage, reduce downtime, and enhance overall system efficiency.The expanding adoption of motor-powered equipment in many sectors, the focus on equipment safety and dependability, and the requirement for efficient motor performance have propelled the motor protection system market. The market offers motor protection relays, motor circuit breakers, thermal overload relays, electronic motor starters, and monitoring and control devices. To know about the Research Methodology :- Request Free Sample Report Technological advancements play a crucial role in shaping the motor protection systems market. Innovations in sensor technologies, communication protocols, and intelligent motor protection systems have expanded the scope and capabilities of these systems. Integration with automation and control systems, predictive maintenance capabilities, and the emergence of smart motor protection solutions are key trends in the market. Motor Protection Systems Market Scope and Research Methodology The global Motor Protection Systems Market is analyzed through segments including components, Distribution Channels, applications, organization size, industry vertical and region. The report provides an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation and gives a clear business view to the Investors. The Motor Protection Systems Market report presents an analysis of market size, share, and growth, trends, cost structure, statistical and comprehensive data of the global market. The Motor Protection Systems Market report covers the key players in the industry, including company profile, revenue, product specifications, and product sales, price, and gross margin sales, market share as well as an in-depth analysis of the market. The report covers a competitive analysis of market drivers, restraints, opportunities and growth. To analyze the impact of micro-economic and macro-economic factors on the market, PORTER and PESTLE analyses were conducted. SWOT analysis was used to study the strengths and weaknesses of the Motor Protection Systems industry. The bottom-up approach was used to estimate the Market size.Motor Protection Systems Market Dynamics
Motor Protection Systems Market Drivers Increasing Industrial Automation: The growing adoption of industrial automation across various sectors is driving the demand for motor protection systems market. Industrial processes often rely on motors to power machinery and equipment. As automation increases, the number of motors used in factories and manufacturing facilities also rises. Motor protection systems are essential in ensuring the smooth and safe operation of these motors, preventing costly breakdowns, reducing downtime, and ensuring efficient production processes. Emphasis on Equipment Safety and Reliability: Industries across the globe are placing greater emphasis on equipment safety and reliability. Motors are critical components in many industrial applications, and their failure can lead to significant downtime, production losses, and safety hazards. Motor protection systems market provide a proactive approach to safeguarding motors from potential faults and abnormalities, thereby ensuring the longevity and reliable operation of motor-driven equipment. Motor Protection Systems Market Opportunities Renewable Energy Sector: The rapid growth of the renewable energy sector, including wind and solar power generation, presents a significant opportunity for motor protection systems market. Renewable energy installations often rely on large numbers of motors for various applications, such as turbine control, tracking systems, and energy conversion. Motor protection systems protect these motors from failures and maximise energy output. Advanced motor protection solutions for renewable energy applications are needed as the sector grows globally. Industrial Digitization and Industry 4.0: The ongoing industrial digitization and the adoption of Industry 4.0 principles offer a significant opportunity for motor protection systems market. Industry 4.0 focuses on the integration of digital technologies, automation, and data exchange in industrial processes, leading to smart factories and improved operational efficiency. Motor protection systems are a vital component in this transformation, providing real-time data, predictive maintenance capabilities, and connectivity to enable intelligent control and optimization of motor-driven processes. As industries embrace digitalization and automation, the demand for motor protection systems that can seamlessly integrate with advanced control systems, analytics platforms, and IoT architectures will increase. Motor Protection Systems Market Restraints & Challenges Cost Considerations: Motor protection systems are expensive, especially for SMEs and budget-constrained companies. Relays, circuit breakers, sensors, and monitoring devices can increase the upfront cost of motor protection systems. Installing, maintaining, and training these systems can further increase costs. The cost factor may deter some businesses from implementing comprehensive motor protection systems market, especially if they perceive it as an additional expense rather than a long-term investment. Complexity in System Integration: Integrating motor protection systems with existing infrastructure and control systems can be a complex task. Industries often have diverse types of motors, equipment, and control architectures, making it challenging to ensure seamless compatibility and integration of motor protection systems market. The interoperability between motor protection devices and control systems, such as programmable logic controllers (PLCs) or distributed control systems (DCS), may require customized solutions and expertise. Moreover, retrofitting motor protection systems into existing installations can be time-consuming and disruptive to ongoing operations.Motor Protection Systems Market Trends
Integration with Industrial IoT and Analytics: Motor protection systems market are increasingly being integrated with Industrial Internet of Things (IoT) technologies and advanced analytics platforms. This trend enables the collection and analysis of real-time data from motor protection devices, sensors, and other connected components. By leveraging IoT connectivity, motor protection systems can provide valuable insights into motor performance, health, and energy consumption. This integration allows for predictive maintenance, early fault detection, and optimized motor operations. Data-driven maintenance schedules, efficiency, and downtime reduction aid organisations. Adoption of Smart Motor Protection Solutions: Due to their advanced features, smart motor protection solutions are gaining popularity. These solutions improve motor protection and diagnostics using AI, ML, and advanced algorithms. Smart motor protection systems can self-adjust and adapt to changing operating conditions, optimizing motor performance while ensuring protection against faults. They can also provide remote monitoring, diagnostics, and predictive maintenance capabilities, allowing for proactive maintenance planning and reduced downtime. The integration of smart motor protection systems with automation and control systems further enhances the overall system efficiency and productivity.Motor Protection Systems Market Segmentation
By Application Based on Application, Motor Protection Systems Market is segmented into Process Industries, Discrete Industries and Others. Process Industries are the largest application for motor protection systems. They are used to protect motors in a variety of applications, such as chemical processing, oil and gas, and water and wastewater treatment. The process industries market is expected to grow at a CAGR of 7.5% from 2024 to 2030. Discrete industries are the second-largest application for motor protection systems. They are used to protect motors in a variety of applications, such as manufacturing, food and beverage, and packaging. The discrete industries market is expected to grow at a CAGR of 6.5% from 2024 to 2030. Others include the transportation, construction, and mining industries.Motor Protection Systems Market Regional Insights
North America Motor protection systems market are mature in North America due to established industries and a focus on equipment safety and reliability. Manufacturing, oil, and power generation dominate this region's business in the US. North American drivers include improved motor protection technology, IoT integration, and smart factories. Stringent regulations and standards related to equipment safety and energy efficiency contribute to the demand for motor protection systems in this region. Europe Motor protection systems market are popular in Europe, driven by manufacturing, automotive, energy, and infrastructure. Automation, energy efficiency, and sustainability drive the market in Germany, France, and the UK. The European Union's regulations and directives on energy efficiency and motor system optimization encourage the adoption of motor protection systems. The increasing deployment of renewable energy sources, such as wind and solar power, also presents opportunities for motor protection systems in Europe. Asia Pacific Rapid industrialization, infrastructure development, and growing economies make Asia Pacific a major motor protection system market. China, India, Japan, South Korea, and Southeast Asia are major Motor Protection Systems market contributors. Asia Pacific industrial, power generation, mining, and oil and gas industries necessitate motor protection systems. Increasing investments in smart cities, industrial automation, and renewable energy projects further boost the market growth in the region. South America Mining, oil, and manufacturing are driving motor protection system sales in Latin America. Brazil, Mexico, Argentina, and Chile dominate this market. Industrialization, infrastructure development, operational efficiency, and equipment safety drive Latin American motor protection system use. Middle East and Africa Oil, gas, mining, and power generation drive motor protection system possibilities throughout the Middle East and Africa.Saudi Arabia, UAE, South Africa, and Nigeria are major markets in this region. Motor protection systems are needed due to infrastructural growth, industrial automation, and energy diversity. Motor Protection Systems Market Competitive Landscape The motor safety systems market place is highly competitive, with key companies which includes ABB, Schneider Electric, Siemens, Eaton, GE, Rockwell Automation, and Mitsubishi Electric leading the enterprise. These companies recognition on technological innovation, research and improvement, and strategic partnerships to decorate their product portfolios and extend their market presence.They offer comprehensive motor protection solutions, emphasizing factors like product performance, reliability, energy efficiency, and connectivity. The market is driven by advancements in digitalization, IoT integration, and analytics capabilities. Partnerships, collaborations, and acquisitions are common strategies employed to provide integrated solutions. These players strive to meet the diverse needs of industries and maintain a competitive edge in the market.Motor Protection Systems Market Scope: Inquire before buying
Global Motor Protection Systems Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 5.38 Bn. Forecast Period 2024 to 2030 CAGR: 6.1% Market Size in 2030: US $ 8.14 Bn. Segments Covered: by Type Low-voltage Motors Medium-voltage Motors by Application Process Industries Discrete industries Others Motor Protection Systems Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Motor Protection Systems Key Players
1. ABB Ltd. (Switzerland) 2. Eaton Corporation plc (Ireland) 3. General Electric Company (United States) 4. Rockwell Automation, Inc. (United States) 5. Littelfuse, Inc. (United States) 6. Basler Electric Company (United States) 7. Schweitzer Engineering Laboratories, Inc. (United States) 8. SEL Inc. (United States) 9. Schneider Electric SE (France) 10. Siemens AG (Germany) 11. Lovato Electric S.p.A. (Italy) 12. WEG S.A. (Brazil) 13. Crompton Greaves Ltd. (India) 14. AEG Power Solutions B.V. (Netherlands) 15. Socomec Group (France) FAQs 1. What is the forecast market size of the Market by 2030? Ans: The market size of the Market by 2030 is expected to reach USD 8.14 Billion 2. What is the growth rate of the Global Market? Ans: The Global Market is growing at a CAGR of 6.1% during forecasting period 2024-2030 3. Who are the key players in Global Market? Ans: ABB, Schneider Electric, Siemens, Eaton, GE, Rockwell Automation, and Mitsubishi Electric 4. What is the study period of Market? Ans: The Global Market is studied from 2018 to 2030. 5. What was the market size of the Market in 2023? Ans: The market size of the Market in 2023 was valued at USD 5.38 Billion
1. Motor Protection Systems Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Motor Protection Systems Market: Dynamics 2.1. Motor Protection Systems Market Trends by Region 2.1.1. North America Motor Protection Systems Market Trends 2.1.2. Europe Motor Protection Systems Market Trends 2.1.3. Asia Pacific Motor Protection Systems Market Trends 2.1.4. Middle East and Africa Motor Protection Systems Market Trends 2.1.5. South America Motor Protection Systems Market Trends 2.2. Motor Protection Systems Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Motor Protection Systems Market Drivers 2.2.1.2. North America Motor Protection Systems Market Restraints 2.2.1.3. North America Motor Protection Systems Market Opportunities 2.2.1.4. North America Motor Protection Systems Market Challenges 2.2.2. Europe 2.2.2.1. Europe Motor Protection Systems Market Drivers 2.2.2.2. Europe Motor Protection Systems Market Restraints 2.2.2.3. Europe Motor Protection Systems Market Opportunities 2.2.2.4. Europe Motor Protection Systems Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Motor Protection Systems Market Drivers 2.2.3.2. Asia Pacific Motor Protection Systems Market Restraints 2.2.3.3. Asia Pacific Motor Protection Systems Market Opportunities 2.2.3.4. Asia Pacific Motor Protection Systems Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Motor Protection Systems Market Drivers 2.2.4.2. Middle East and Africa Motor Protection Systems Market Restraints 2.2.4.3. Middle East and Africa Motor Protection Systems Market Opportunities 2.2.4.4. Middle East and Africa Motor Protection Systems Market Challenges 2.2.5. South America 2.2.5.1. South America Motor Protection Systems Market Drivers 2.2.5.2. South America Motor Protection Systems Market Restraints 2.2.5.3. South America Motor Protection Systems Market Opportunities 2.2.5.4. South America Motor Protection Systems Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Motor Protection Systems Industry 2.8. Analysis of Government Schemes and Initiatives For Motor Protection Systems Industry 2.9. Motor Protection Systems Market Trade Analysis 2.10. The Global Pandemic Impact on Motor Protection Systems Market 3. Motor Protection Systems Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 3.1.1. Low-voltage Motors 3.1.2. Medium-voltage Motors 3.2. Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 3.2.1. Process Industries 3.2.2. Discrete industries 3.2.3. Others 3.3. Motor Protection Systems Market Size and Forecast, by Region (2023-2030) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Motor Protection Systems Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 4.1.1. Low-voltage Motors 4.1.2. Medium-voltage Motors 4.2. North America Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 4.2.1. Process Industries 4.2.2. Discrete industries 4.2.3. Others 4.3. North America Motor Protection Systems Market Size and Forecast, by Country (2023-2030) 4.3.1. United States 4.3.1.1. United States Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 4.3.1.1.1. Low-voltage Motors 4.3.1.1.2. Medium-voltage Motors 4.3.1.2. United States Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 4.3.1.2.1. Process Industries 4.3.1.2.2. Discrete industries 4.3.1.2.3. Others 4.3.2. Canada 4.3.2.1. Canada Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 4.3.2.1.1. Low-voltage Motors 4.3.2.1.2. Medium-voltage Motors 4.3.2.2. Canada Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 4.3.2.2.1. Process Industries 4.3.2.2.2. Discrete industries 4.3.2.2.3. Others 4.3.3. Mexico 4.3.3.1. Mexico Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 4.3.3.1.1. Low-voltage Motors 4.3.3.1.2. Medium-voltage Motors 4.3.3.2. Mexico Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 4.3.3.2.1. Process Industries 4.3.3.2.2. Discrete industries 4.3.3.2.3. Others 5. Europe Motor Protection Systems Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 5.2. Europe Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 5.3. Europe Motor Protection Systems Market Size and Forecast, by Country (2023-2030) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 5.3.1.2. United Kingdom Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 5.3.2. France 5.3.2.1. France Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 5.3.2.2. France Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 5.3.3. Germany 5.3.3.1. Germany Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 5.3.3.2. Germany Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 5.3.4. Italy 5.3.4.1. Italy Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 5.3.4.2. Italy Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 5.3.5. Spain 5.3.5.1. Spain Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 5.3.5.2. Spain Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 5.3.6. Sweden 5.3.6.1. Sweden Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 5.3.6.2. Sweden Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 5.3.7. Austria 5.3.7.1. Austria Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 5.3.7.2. Austria Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 5.3.8.2. Rest of Europe Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6. Asia Pacific Motor Protection Systems Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.2. Asia Pacific Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Motor Protection Systems Market Size and Forecast, by Country (2023-2030) 6.3.1. China 6.3.1.1. China Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.1.2. China Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3.2. S Korea 6.3.2.1. S Korea Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.2.2. S Korea Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3.3. Japan 6.3.3.1. Japan Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.3.2. Japan Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3.4. India 6.3.4.1. India Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.4.2. India Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3.5. Australia 6.3.5.1. Australia Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.5.2. Australia Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3.6. Indonesia 6.3.6.1. Indonesia Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.6.2. Indonesia Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3.7. Malaysia 6.3.7.1. Malaysia Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.7.2. Malaysia Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3.8. Vietnam 6.3.8.1. Vietnam Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.8.2. Vietnam Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3.9. Taiwan 6.3.9.1. Taiwan Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.9.2. Taiwan Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 6.3.10.2. Rest of Asia Pacific Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 7. Middle East and Africa Motor Protection Systems Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 7.2. Middle East and Africa Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Motor Protection Systems Market Size and Forecast, by Country (2023-2030) 7.3.1. South Africa 7.3.1.1. South Africa Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 7.3.1.2. South Africa Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 7.3.2. GCC 7.3.2.1. GCC Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 7.3.2.2. GCC Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 7.3.3. Nigeria 7.3.3.1. Nigeria Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 7.3.3.2. Nigeria Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 7.3.4.2. Rest of ME&A Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 8. South America Motor Protection Systems Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 8.2. South America Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 8.3. South America Motor Protection Systems Market Size and Forecast, by Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 8.3.1.2. Brazil Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 8.3.2.2. Argentina Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Motor Protection Systems Market Size and Forecast, by Type (2023-2030) 8.3.3.2. Rest Of South America Motor Protection Systems Market Size and Forecast, by Application (2023-2030) 9. Global Motor Protection Systems Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Motor Protection Systems Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. ABB Ltd. (Switzerland) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Eaton Corporation plc (Ireland) 10.3. General Electric Company (United States) 10.4. Rockwell Automation, Inc. (United States) 10.5. Littelfuse, Inc. (United States) 10.6. Basler Electric Company (United States) 10.7. Schweitzer Engineering Laboratories, Inc. (United States) 10.8. SEL Inc. (United States) 10.9. Schneider Electric SE (France) 10.10. Siemens AG (Germany) 10.11. Lovato Electric S.p.A. (Italy) 10.12. WEG S.A. (Brazil) 10.13. Crompton Greaves Ltd. (India) 10.14. AEG Power Solutions B.V. (Netherlands) 10.15. Socomec Group (France) 11. Key Findings 12. Industry Recommendations 13. Motor Protection Systems Market: Research Methodology 14. Terms and Glossary