India recloser market is expected to grow at a significant CAGR over the next five years, owing to increasing demand for power and growing technological advancements. Besides, expansion of transmission and distribution (T&D) and rising investments in renewable energy sector are fuelling India recloser market during the forecast period. Developments across various industries are leading to steady economic growth, which is leading to an increased power demand from the residential and commercial sector. Additionally, technological advancements in the microprocessor system and increasing regulatory focus towards uninterrupted power supply are driving the market growth. Considerable investments by government authorities to meet increasing demand for grid automation coupled with rising penetration of smart grids are boosting the industry outlook. Surge in urbanization and growing renewable energy investments to achieve the targets are also contributing to the India recloser market growth. Moreover, increasing investments in grid modernization operations for improving the power quality and reliability of the grid are expected to support the market growth. Furthermore, increasing acceptance of electric reclosers and continuous rise in the power consumption trends in line with the adoption of automated technologies are anticipated to boost India recloser market.
India recloser market is segmented on the basis of phase type, control type, voltage rating, sectionalizer control type, company, and geography. Based on phase, the recloser market is segmented into Single Phase, Three-Phase and Triple Single-Phase. Due to increasing industrialization the demand for three-phase reclosers is anticipated to grow at the fastest rate. Moreover, expansion of T&D networks and upgradation of existing substations and feeder line protection will further drive the recloser market in India.
Some of the leading players in the India Recloser market are ABB, Eaton, Schneider Electric, Entec, G&W, Noja Power, Hubbell, S&C, Ghorit, Tavrida Electric etc.
Objective of the Study
- To analyse and forecast the market size of India recloser, in terms
of value.
- To classify and forecast India recloser market based on phase type,
control type, voltage rating, sectionalizer control type, and regional
distribution.
- To identify drivers and challenges for India recloser market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in India recloser market.
- To conduct the pricing analysis for India recloser market.
- To identify and analyse the profile of leading players involved in
the manufacturing of India 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 India. 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 India.
Market insights research calculated the market size of India
Key Target Audience
- India 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
|
2022
|
Historical Data
|
2018 – 2021
|
Estimated Year
|
2023
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Forecast Period
|
2024 – 2028
|
Quantitative Units
|
Revenue in USD Million and CAGR for
2018- 2022 and 2023E-2028F
|
Report coverage
|
Revenue forecast, company share,
competitive landscape, growth factors, and trends
|
Segments covered
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·
Phase Type
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Control Type
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Voltage rating
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Sectionalizer Control Type
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Regional scope
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North, South, East, West
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Key companies profiled
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ABB, Eaton, Schneider Electric, Entec,
G&W, Noja Power, Hubbell, S&C, Ghorit, Tavrida Electric.
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Customization scope
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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)
|