According to the new market research report "Recloser Market by Control (Recloser
(Electric & Hydraulic) and Sectionalizer (Electronic & Programmable
Resettable)), Phase (Recloser (Three, Single, & Triple Single) and
Sectionalizer (Three & Single), Voltage, and Region - Global Forecast to
2022", The recloser market (including the sectionalizer
market) is expected to grow from an estimated USD 2.14 Billion in 2017 to USD
2.71 Billion by 2022, at a CAGR of 4.88%. The market is set to witness growth,
due to increasing urbanization and industrialization, growing distribution
automation for power quality and reliability, and expanding distribution
network.
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business opportunities in Recloser Market
The electronic recloser
segment is expected to hold the largest share of the recloser market during the
forecast period
Electric recloser control is used in most three-phase and
some single-phase reclosers, due to its features, which include greater
flexibility, advanced protection and automation functionality, and ease of
programing in comparison to the hydraulic recloser control. This recloser is
highly customizable with a wide range of accessories and can solve several
application problems.
Browse in-depth TOC on "Recloser Market"
124 – Tables
38 – Figures
156 – Pages
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Increasing preference for
recloser and sectionalizer of capacity up to 15 kV
Recloser and sectionalizer of up to 15 kV voltage rating
are extensively used in residential applications in distribution network. The
increasing urbanization and growing residential sector and commercial buildings
in developing countries would accelerate the growth of the recloser and
sectionalizer with a voltage rating of up to 15 kV segment.
Asia Pacific is expected to
be the leading market for reclosers during the forecast period
In this report, the recloser market has been analyzed
with respect to five regions, namely, North America, Europe, Asia Pacific,
Latin America, and the Middle East and Africa. Asia Pacific is expected to lead
the recloser market. The inefficiency of existing distribution infrastructure,
new installation of distribution lines, and refurbishment of older distribution
system is anticipated to be the highest in the Asia Pacific region. Moreover,
the increasing demand for electrical energy due to urbanization and
industrialization and the rising investments in smart grid technologies that
include distribution automation are likely to drive the market during the
forecast period in Asia Pacific.
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To enable an in-depth understanding of the competitive
landscape, the report includes some of the top players in the recloser market.
These players include ABB (Switzerland), Schneider (France), NOJA Power
(Australia), Siemens (Germany), and Eaton (Ireland). Leading players are trying
to understand the markets in developing economies and are adopting various
strategies to increase their market share.
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