Recloser is a self-controlled device, which guards a power system against service interrupts by automatically opening and closing as short circuits are detected. In other words, it is a switch that re-establishes an electrical circuit manually, remotely, or automatically after a disruption of service. It detects the fault, and closes and resets to open the line, which normally occurs three times. The recloser offsets the fault and reconnects the distribution line. In an overhead distribution system, 70 to 90 per cent of the faults are of temporary nature and they last, at the most, for a few cycles or seconds. Thus, the recloser, with its opening/closing characteristic, prevents a distribution circuit from being left out of service for temporary faults.
The Asia Pacific is expected to lead the recloser market. The increasing demand for electrical energy due to urbanization and industrialization, distribution network upgrade, and increasing need of power reliability and distribution automation as well as rising investments in smart grid is expected to drive the market during the forecast period in the region. The figure given below shows the market size of 2022 in various regions with the respective CAGRs.
Market Analysis and Insights: Global Recloser Market
The global Recloser market was valued at US$ 2024.4 in 2020 and will reach US$ 2389.2 million by the end of 2027, growing at a CAGR of 2.8% during 2022-2027.
Global Recloser Scope and Market Size
The global Recloser market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Recloser market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Electric
Hydraulic
Segment by Application
Distribution
Not Specified
The Recloser market is analysed and market size information is provided by regions (countries). Segment by Application, the Recloser market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
ABB
Eaton
Schneider Electric
Siemens
Hubbell
S&C
Tavrida Electric
Entec
G&W
Noja Power
Elektrolites
Ghorit
The Asia Pacific is expected to lead the recloser market. The increasing demand for electrical energy due to urbanization and industrialization, distribution network upgrade, and increasing need of power reliability and distribution automation as well as rising investments in smart grid is expected to drive the market during the forecast period in the region. The figure given below shows the market size of 2022 in various regions with the respective CAGRs.
Market Analysis and Insights: Global Recloser Market
The global Recloser market was valued at US$ 2024.4 in 2020 and will reach US$ 2389.2 million by the end of 2027, growing at a CAGR of 2.8% during 2022-2027.
Global Recloser Scope and Market Size
The global Recloser market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Recloser market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Electric
Hydraulic
Segment by Application
Distribution
Not Specified
The Recloser market is analysed and market size information is provided by regions (countries). Segment by Application, the Recloser market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
ABB
Eaton
Schneider Electric
Siemens
Hubbell
S&C
Tavrida Electric
Entec
G&W
Noja Power
Elektrolites
Ghorit
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