Recloser Market Regulations and Competitive Landscape Outlook to 2023
The
Recloser market size will grow from USD 2.18 Billion in 2017 to USD 2.91
Billion by 2023, at an estimated CAGR of 4.94%. The base year considered for
the study is 2017, and the market size is projected from 2018 to 2023.
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Expansion of distribution network, increase in use
of automated distribution techniques, and rise in the use of power protection
equipment to increase reliability and reduce service outages are the main
factors driving the recloser market globally. The electric recloser segment is
estimated to hold a major market share. These reclosers are extensively used by
utilities in their distribution networks. North America and Europe currently
have markets for grid modernization and replacement of old installations. Along
with capacity enhancement trending worldwide, investments in distribution
automation is expected to drive the market. The recloser market is further
segmented, by phase, into single, three, and triple single. The demand for
three-phase reclosers is expected to grow at the fastest rate owing to the
growth in the smart grid infrastructure and increase in industrialization in
developing countries. Asia-Pacific and Latin America are expected to show high
growth in the three-phase distribution segment owing to the increasing demand
for three-phase power from industries in India, China, Brazil, and Argentina.
Hence, the demand for three-phase reclosers is expected to be higher in these
regions.
By Market Players:
By Market Players:
ABB , Eaton , Schneider Electric ,
Siemens , Hubbell , S&C , Tavrida Electric ,
Entec , G&W , Noja Power , Elektrolites , Ghorit,
By Phase Type
By Phase Type
Three-Phase , Single Phase , Triple
Single-Phase,
By Control Type
By Control Type
Electric , Hydraulic,
By Voltage Rating
By Voltage Rating
Up to 15 kV , 16 to 27 kV , 28–38 kV,
By Phase
By Phase
Three-Phase Sectionalizer, Single-Phase
Sectionalizer,
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The complete profile of the companies is mentioned.
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volume, sales revenue, consumption, growth rate, import, export, supply, future
strategies, and the technological developments that they are making are also
included within the report. The historical data from 2012 to 2017 and forecast
data from 2018 to 2023..
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