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Recloser - Global Market Outlook (2018-2027)

Recloser - Global Market Outlook (2018-2027)

4.5 (97 reviews)
Published: May 2020 ID: SMRC19235
4.5 (97 reviews)
Published: May 2020 ID: SMRC19235

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Recloser Market is accounted for $1.73 billion in 2018 and is expected to reach $3.00 billion by 2027 growing at a CAGR of 6.3% during the forecast period. Raising need for a well-organized power distribution network and no manual interference for restoring power are the major factors propelling the market growth. However, not enough funding from governments is hampering the market growth.

Recloser is an electric power or protector distribution network. It includes a circuit breaker which can simply detect an over current or short circuit network. It has a facility which can automatically switch off when it is not in use. Reclosers are used in electronic overhead distribution systems to identify and end temporary faults. It can defend a power system from a short circuit, among others things. A recloser is basically a switch that can re-establish an electrical circuit manually or automatically and also remotely after a distraction of service.

Based on the phase, the triple single-phase segment is likely to have a huge demand due to the replacement of the existing three-phase reclosers by the triple single phase. These are extensively used in the North America region for the reason that its features such as better System Average Interruption Duration Index, a system index of the normal frequency of interruptions in power supply and System Average Interruption Frequency Index, the average period of interruptions per customers through the year.

By geography, North America is going to have a lucrative growth during the forecast period due to creating the command for grid dependability and smarter control networks. These savings by North American allotment utilities in distribution automation systems and smart grid projects would constrain the recloser market which is used to guard the overhead distribution feeder from different faults and over current.

Some of the key players profiled in the Recloser Market include  ABB, Arteche, BRUSH Group, Eaton, ENTEC Electric & Electronic, G&W Electric Co., GE, Hughes Power System, Iljin Electric, NOJA Power, S&C Electric Company, Schneider Electric, Siemens, Solomon Corporation and Tavrida Electric Global. 

Phases Covered:
• Single Phase
• Three Phase
• Triple Single Phase

Control Types Covered:
• Hydraulic
• Electronic
• Microprocessor Based  

Voltages Covered:
• 16-27 KV
• 28-38 KV
• Up to 15 KV

Insulation Types Covered:
• Epoxy-Insulated
• Oil-Insulated
• Gas-Insulated
• Vacuum

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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