Global Recloser Control Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global Recloser Control Market Outlook
"The Recloser Control Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
Recloser control is a device used in overhead distribution systems to clear faults in circuits. Recloser control improves serviceability by restoring power to the line after a momentary fault. Recloser control offers various benefits such as earth fault and sensitive earth fault protection, auto reclosing, instantaneous metering, event log, demand logger, and RTU for remote control in a single enclosure.
Recloser control is classified into two types – hydraulic control or electronic control. Hydraulic recloser control is mainly used in single-phase reclosers and three-phase reclosers. Electronic recloser controls are used mostly in three-phase reclosers and single-phase reclosers.
Rising demand for electric supply automation, for better quality and reliability and increasing use of electrical equipment and devices coupled with growing demand for proper protection of these devices are major factors driving the growth of the global recloser control market. In addition, increasing investments into the upgradation of mature substations and feeder line protection is another factor expected to fuel growth of the global recloser control market over the forecast period.
However, high costs associated with the procurement of recloser control devices is a major factor restraining growth of the global recloser control market. Additionally, the availability of alternatives for recloser control is another factor expected to hamper growth of the global market to a significant extent.
The market in Asia Pacific is expected to account for highest share in terms of revenue and is expected to maintain its dominance over the forecast period. This dominance can be attributed to increasing investments into upgradation of electrical grids in emerging economies such as China, Japan, and India.
The market in North America is expected to register significant growth followed by Europe over the forecast period, owing to rising demand for renewable energy sources in the region. Moreover, the market in Latin America, the Middle East & Africa is expected to register moderate growth in the target market over the forecast period.
Global recloser control market segmentation:
- Up to 15 kV
- 16–27 kV
- 28–38 kV
- Single Phase
- Three Phase
- Triple-Single Phase
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- ABB Ltd.
- Eaton Corporation plc
- Schneider Electric S.E.
- Siemens AG
- Hubbell Incorporated
- G&W Electric Company
- General Electric Company
- NOJA Power Switchgear Pty Ltd.
- Beckwith Electric Co., Inc.
- ENTEC Electric & Electronic
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