Recloser Market by Control ((Recloser (Electronic, Hydraulic) and Sectionalizer (Resettable Electronic, Programmable Resettable)), Phase (Recloser (Three, Single, Triple Single) and Sectionalizer (Three, Single), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The Recloser market size is projected to reach a CAGR of 5.2% from 2022 to 2028.
Recloser is an electric switch which is automatic in nature and is high voltage circuit breaker. It is used as a safety switch for the supply of electricity and it shuts off electric power in case of any trouble. It varies from the conventional breakers as the reclosers are majorly used beyond the substation whereas circuit brakers are used in distribution substation.
Surged demand for power along with the increased investments in the sector are some of the factors that have supported long-term expansion for Recloser Market.
Asia Pacific is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the raised demand for power from the various countries like India, Australia and China.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 5.2% during the forecasting period, 2022-2028 |
Historical Data |
2019-2020 |
Forecast Years |
2022-2028 |
Base Year |
2021 |
Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
Report Segmentation |
phase, control type, voltage and region. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Noja Power, ABB, Eaton, Schneider Electric , and Siemens |
Available Customization |
In addition to the market data for Recloser Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Recloser Market is segmented into phase, control type, voltage, and region.