Global Recloser Market, By Phase Type (Single Phase, Three-Phase and Triple Single-Phase), By Control Type (Electric and Hydraulic), By Voltage Rating (Up to 15 kV, 16 to 27 kV, 28–38 kV), By Sectionalizer Control Type (Resettable Electronic Sectionalizer and Programmable Resettable Sectionalizer), By Company and By Geography, Forecast & Opportunities, 2017-2027
Published on: 2024-12-03 | No of Pages : 320 | Industry : Power
Publisher : MIR | Format : PDF&Excel
Global Recloser Market, By Phase Type (Single Phase, Three-Phase and Triple Single-Phase), By Control Type (Electric and Hydraulic), By Voltage Rating (Up to 15 kV, 16 to 27 kV, 28–38 kV), By Sectionalizer Control Type (Resettable Electronic Sectionalizer and Programmable Resettable Sectionalizer), By Company and By Geography, Forecast & Opportunities, 2017-2027
The global recloser market is expected to grow at a formidable rate during the forecast period. The market growth can be attributed to the increasing demand for power and automated power distribution as well as increasing investments in smart grids. Besides, rapid industrialization and expansion of transmission and distribution (T&D) networks are propelling the growth of the global recloser market. Additionally, rapid urbanization and developments across various industries and steady economic growth are creating more demand for power, which is resulting in greater adoption of reclosers. Technological advancements in microprocessor system and expansion of transmission and distribution network are also fuelling the growth of the global recloser market. Moreover, increasing investments in the deployment of distribution automation and grid modernization and increasing development in technology and improvement of power quality and reliability are some of the factors boosting the growth of the global recloser market in the forecast period. Furthermore, increasing regulatory focus toward uninterrupted power supply and growing privatization of the power sector are expected to drive the global recloser market in the coming years. Moreover, emergence of gas and oil-free reclosers could further drive the market growth. However, insufficient funds from governments and poor regulatory framework pertaining to the quality of reclosers could restrain the market growth in the coming years.
The global recloser market is segmented on the basis of phase type, control type, voltage rating, sectionalizer control type, company, and geography. Based on voltage rating, the market is segmented into up to 15 kV, 16–27 kV, and 28–38 kV. The 15kV is projected to grow at a highest market share during the forecast period since these are generally used for residential areas. APAC region is projected to lead the global recloser market followed by North America owing to increasing demand for electrical power due to increasing urbanization, growing industrialization and increasing need for power. The major players in the recloser market are Siemens, Schneider, Tavrida and many others.
Some of the leading players in the global Recloser market are Schneider Electric, ABB, Eaton, Hubbell, S&C, Entec, G&W, Noja Power, Ghorit, Tavrida Electric etc.
Objective of the Study
- To analyse and forecast the market size of global recloser, in terms
of value.
- To classify and forecast global recloser market based on phase
type, control type, voltage rating, sectionalizer control type and
regional distribution.
- To identify drivers and challenges for global recloser market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in global recloser market.
- To conduct the pricing analysis for global recloser market.
- To identify and analyse the profile of leading players involved in
the manufacturing of global recloser market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
Market insights research calculated the market size of global
Key Target Audience
- Global recloser
manufacturers
- Transmission and
distribution utilities
- Power generation plants
- Suppliers & distributors
- Research organizations and
consulting companies.
- Research institutes
- Industry associations
- Market research and
consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute |
Details |
Base
Year |
2021 |
Historical
Years |
2017 –
2020 |
Estimated
Year |
2022 |
Forecast
Period |
2023 – 2027 |
Quantitative
Units |
Revenue in
USD Million and CAGR for 2017-2021 and 2022-2027 |
Report
Coverage |
Revenue
forecast, company share, competitive landscape, growth factors, and trends |
Segments
Covered |
·
Phase Type ·
Control Type ·
Voltage Rating ·
Sectionalizer Control Type |
Regional
Scope |
North
America; Asia Pacific; Europe & CIS; South America; Middle East &
Africa |
Country
Scope |
United States; Canada; Mexico; China; India; Japan; Australia;
Singapore; Malaysia; Germany; France; United Kingdom; Italy; Poland; Austria;
Romania; Netherlands; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South
Africa; Qatar |
Key
Companies Profiled |
Schneider Electric, ABB, Eaton, Hubbell, S&C, Entec,
G&W, Noja Power, Ghorit, Tavrida Electric. |
Customization
Scope |
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope. |
Pricing
and Purchase Options |
Avail
customized purchase options to meet your exact research needs. Explore purchase
options |
Delivery
Format |
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request) |