Global Neutral Grounding Resistor Market By Voltage (Low (<1 kV), Medium (1-36 kV), High (>36kV)); By Type (Low Resistance, High Resistance); By Site (Indoor (IP00/IP20), Outdoor (IP23/IP55)), By End-Use Industry (Power Generation, Transmission & Distribution, Data Center, Manufacturing, Healthcare, Oil & Gas, Military & Defense, Others): Opportunity Analysis and Industry Forecast, 2016–2026

Date : Apr 2021

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Report ID : 77

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Category : Transmission and Distribution

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Report Format:  PDF EXCEL PPT WORD

Neutral Grounding Resistor Market Report Overview

The global neutral grounding resistor market was valued at US$ 366.4 Million in 2020 and is expected to reach US$ 525.9 Million by the end of the forecast period, expanding at a CAGR of 6.3% during the forecast period.

Neutral Grounding Resistor Market

Asia Pacific is the largest market for neutral grounding resistors and is expected to retain market dominance throughout the forecast period as well. The dominance of the region is supported by the high contribution from China and major players operating in the space of the manufacturing industry. The neutral grounding resistor market is highly fragmented as a large number of players offer a wide range of products and services across the globe. There is no dominant shareholder in the global neutral grounding resistor market, who acquires more than 4% of the total market revenue.

The research report analyses the ecosystem of the neutral grounding resistor market and categorizes the neutral grounding resistor Market to forecast the revenues and analyze the trends in each of the following below-mentioned market segments.

  • Market Size by Voltage

    • Low (<1 kV)
    • Medium (1-36 kV)
    • High (>36kV)
  • Market Size by Type

    • Low Resistance
    • High Resistance
  • Market Size by Site

    • Indoor (IP00/IP20)
    • Outdoor (IP23/IP55)
  • Market Size by End-Use Industry

    • Power Generation, Transmission & Distribution
    • Data Center
    • Manufacturing
    • Healthcare
    • Oil & Gas
    • Military & Defense
    • Others (Aerospace and Telecommunication)
  • Market Size by Region

    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • France
      • United Kingdom
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of APAC
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • GCC
      • Rest of MEA

The Key Players Operating in the Neutral Grounding Resistor Market are:

  1. Metal Deploye Resistor
  2. Simpax Sp. z o.o,
  3. Cressall Resistors Ltd
  4. Schneider Electric S.E.,
  5. Hilkar Ltd
  6. Aktif Group
  7. Microelettrica Scientifica SpA
  8. Littelfuse, Inc
  9. MegaResistors Corporation
  10. Filnor, Inc.
  11. AMPCONTROL Equiptments Pvt Ltd
  12. National Resistors
  13. AG Electronics
  14. AMECO Engineering
  15. Lachhman Electronics
  16. AKTIF Group
  17. NATIONAL SWITCHGEARS

By Voltage Type, the high (>36kV) is dominating the neutral grounding resistors market in the year 2020

Based on the voltage, the high (>36kV) segment accounted for a market share of 37.5% in 2020. Neutral grounding resistors are generally employed in low and medium voltage distribution networks to protect generators and power transformers from damaging currents in the event of an earth fault. By using a neutral earthing resistor with required characteristics between the ground and neutral point of the transformer it is possible to limit the ground fault current for a short span, this will enable a quick localization of the fault without damaging the equipment.  200 to 400 A-rated neutral grounding resistors are commonly used in 6.9 kV to 34.5 kV systems, while 100 to 400 A-rated neutral grounding resistors are generally used in 2.4 kV to 4.16 kV systems.

By Type, the high resistance is estimated to be a larger type market in the Neutral Grounding Resistor market in 2020

A high resistance system allows power systems to continue operation in single-fault conditions by limiting ground-fault current to a low level (1-10A). It reduces the time required to detect ground faults while the system is online. Other benefits of high resistance systems include elimination of mechanical damage as well as thermal damage to the shorted transformer, ability to provide external fault indication or interruption where first-fault tripping is required. Neutral grounding resistor for high resistance accumulated the largest share due to its several benefits mentioned earlier.

Competitive Landscape

The key players operating in the global Neutral Grounding Resistor market include Metal oxo Deploye Resistor, Simpax Sp. z o.o, Cressall Resistors Ltd. Schneider Electric S.E., Hilkar Ltd, Aktif Group, Microelettrica Scientifica SpA, Littelfuse, Inc., and MegaResistors Corporation, among others. The market dominance of these companies are characterized by their vast product portfolio of Neutral Grounding Resistor, high investment in R&D activities for Neutral Grounding Resistor, revenue, capital expenditure, employee strength, and geographical presence of companies.

In-depth analysis of market dynamics such as drivers, restraints opportunities, and challenges:

Drivers:

  • Demand For effective solution for continuous measurement & monitoring of voltage and current
  • Rising integration of sustainable energy infrastructure worldwide

Restraints:

  • Neutral grounding resistance requires regular maintenance

Opportunities:

  • Expansion of smart grid networks across the globe

The report also provides an in-depth analysis of Key Trends:

Sr. No. Key Trends Impact
1 Growth in the telecommunication industry driven by the increasing adoption of technologies such as 5G, IoT, artificial intelligence, and machine learning among others Positive
2 Increasing adoption of the smart grid by the companies for energy supplies to improve efficiency, save cost, and reduce carbon emissions Positive
3 Growing demand and supply of electricity, driven by the rising global population, growing urbanization, increasing electricity access to the people across developing countries, and growing world economy among others Positive
4 A rise in the electrical and electronic equipment failures caused primarily due to overheating as a result of inappropriate monitoring of current and voltages Positive

The report also provides an in-depth analysis of recent News Developments and Investments:

  1. In February 2018, Cressall signed an agreement with RS for the global distribution of its portable load bank and range of resistors. RS operates in 32 countries enabling industrial customers to purchase Cressall’s products.
  2. In October 2017, Schneider Electric S.E acquired ASCO Power Technologies to enhance Schneider Electric’s EcoStruxure Power Platform in key markets and segments. This strategy is anticipated to enhance Group’s Low Voltage business.

The unique insights provided by this report also includes the following:

  1. In-depth value chain analysis
  2. Opportunity mapping
  3. Sector snapshot
  4. Key Players Positioning Matrix
  5. Regulatory scenario
  6. Strategies Adopted-Benchmarking Heat Map
  7. Market trends
  8. Covid-19 impact analysis
  9. Product comparison
  10. Pre & Post COVID 19 impact on Neutral Grounding Resistor Market
  11. Business Model
  12. Value Chain Analysis
  13. Competitive Landscape
  14. DROs Mapping

Author Credentials

Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.

Chapter 1. Executive Summary

  • Market Summary
  • Market Snapshot: Global Neutral Grounding Resistor Market
  • Regional Snapshot
  • Premium Insights
  • Regulatory Landscape
  • Technology Landscape
  • Price Trend Analysis (US$/Kg), by Region
  • Mega Trends Impacting the Neutral Grounding Resistor Market

Chapter 2. Market Dynamics and Outlook

  • Market Dynamics
  • Drivers
    • Demand For effective solution for continuous measurement & monitoring of voltage and current
    • Rising integration of sustainable energy infrastructure worldwide
  • Restraints
    • Neutral grounding resistance requires regular maintenance
  • Future Prospect
  • Global Energy Investment Scenario, 2020
  • Neutral Ground Resistor Market: Industry SWOT Analysis
  • Neutral Grounding Resistor Market: Price Trend Analysis

Chapter 3. Global Neutral Grounding Resistor Market (US$ Mn, Units), by Voltage, 2016 -2026

  • Overview
  • Market Share Analysis by Current Type, 2020 vs. 2026     (Value, %)
    • Low (<1 kV)
    • Medium (1-36 kV)
    • High (>36kV)

Chapter 4. Global Neutral Grounding Resistor Market (US$ Mn, Units), by Type, 2016 -2026

  • Overview
  • Market Share Analysis by Type, 2020 vs. 2026 (Value, %)
    • Low Resistance
    • High Resistance

Chapter 5. Global Neutral Grounding Resistor Market (US$ Mn, Units), by Site, 2016 -2026

  • Overview
  • Market Share Analysis by End-Use Industry, 2020 vs. 2026 (Value, %)
    • Indoor (IP00/IP20)
    • Outdoor (IP23/IP55)

Chapter 6. Global Neutral Grounding Resistor Market (US$ Mn, Units), by End-Use Industry, 2016 -2026

  • Overview
  • Market Share Analysis by End-Use Industry, 2020 vs. 2026 (Value, %)
    • Power Generation, Transmission & Distribution
    • Data Center
    • Manufacturing
    • Healthcare
    • Oil & Gas
    • Military & Defense
    • Others (Aerospace and Telecommunication)

Chapter 7. Global Neutral Grounding Resistor Market (US$ Mn, Units), By Geography, 2016 -2026

    • Overview
    • Market Share Analysis by Geography, 2020 vs. 2026 (Value, %)
    • North America
      • North America Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Voltage, 2016 -2026
      • North America Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Type, 2016 -2026
      • North America Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Site, 2016 -2026
      • North America Neutral Grounding Resistor Market Size (Units) (US$ Mn), By End-Use Industry, 2016 - 2026
      • North America Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Country, 2016 -2026 (U.S., Canada)
    • Europe
      • Europe Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Voltage, 2016 -2026
      • Europe Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Type, 2016 -2026
      • Europe Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Site, 2016 -2026
      • Europe Neutral Grounding Resistor Market Size (Units) (US$ Mn), By End-Use Industry, 2016 - 2026
      • Europe Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Country, 2016 -2026 (U.S., Canada)
    • Asia Pacific
      • Asia Pacific Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Voltage, 2016 -2026
      • Asia Pacific Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Type, 2016 -2026
      • Asia Pacific Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Site, 2016 -2026
      • Asia Pacific Neutral Grounding Resistor Market Size (Units) (US$ Mn), By End-Use Industry, 2016 - 2026
      • Asia Pacific Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Country, 2016 -2026 (U.S., Canada)
    • Latin America
      • Latin America Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Voltage, 2016 -2026
      • Latin America Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Type, 2016 -2026
      • Latin America Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Site, 2016 -2026
      • Latin America Neutral Grounding Resistor Market Size  (Units) (US$ Mn), By End-Use Industry, 2016 - 2026
      • Latin America Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Country, 2016 -2026 (U.S., Canada)
    • Middle East & Africa
      • Middle East & Africa Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Voltage, 2016 -2026
      • Middle East & Africa Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Type, 2016 -2026
      • Middle East & Africa Neutral Grounding Resistor Market Size (Units) (US$ Mn), by Site, 2016 -2026
      • Middle East & Africa Neutral Grounding Resistor Market Size (Units) (US$ Mn), By End-Use Industry, 2016 - 2026
      • Middle East & Africa Neutral Grounding Resistor Market Size (Units) (US$ Mn), By Country, 2016 -2026 (U.S., Canada)

Chapter 8. Competitive Intelligence

    • Market Share of Key Players
    • Market Positioning of Key Players, 2020         

Chapter 9. Company Profiles

  • Metal Deploye Resistor
  • Simpax Sp. z o.o,
  • Cressall Resistors Ltd
  • Schneider Electric S.E.,
  • Hilkar Ltd
  • Aktif Group
  • Microelettrica Scientifica SpA
  • Littelfuse, Inc
  • MegaResistors Corporation
  • Filnor, Inc.
  • AMPCONTROL Equiptments Pvt Ltd
  • National Resistors
  • AG Electronics
  • AMECO Engineering
  • Lachhman Electronics
  • AKTIF Group
  • NATIONAL SWITCHGEARS

Chapter 10. Research Methodology

  • Data Triangulation
  • Research Methodology
    • Phase I – Secondary Research
    • Phase II-Primary Research
    • Phase III – Expert Panel Review
  • Approach Adopted
    • Top-Down Approach
    • Bottom-Up Approach
  • Supply – Demand Side
  • Breakup of the Primary Profiles
Research Methodology

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