
Global Recloser Market Size study & Forecast, by Phase Type (Three, Single, Triple-single) by Control Type (Electronic, Hydraulic), by Voltage Rating (Up to 15 kV, 16-27 kV, 28-38 kV), by Insulation Medium (Oil, Air, Epoxy) and Regional Analysis, 2023-203
Description
Global Recloser Market Size study & Forecast, by Phase Type (Three, Single, Triple-single) by Control Type (Electronic, Hydraulic), by Voltage Rating (Up to 15 kV, 16-27 kV, 28-38 kV), by Insulation Medium (Oil, Air, Epoxy) and Regional Analysis, 2023-2030
Global Recloser Market is valued approximately at USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Recloser is a type of circuit breaker that is designed for use on overhead distribution lines. It is used to protect the electrical distribution system from faults such as short circuits and overloads. The primary function of a recloser is to automatically interrupt the flow of electrical current when a fault occurs and then quickly restore power after a brief interruption. The key factors driving the market growth are expansion of transmission and distribution network, upgrades in existing substations and feeder line protection, growing renewable power generation and increasing investments in renewable energy which is anticipated to support the market growth.
Additionally, growing investment in renewable energy contribute significantly to the expansion of the recloser market. For instance, in Sept. 2021, U.S. Department of Agriculture revealed that the Department is planning to invest USD 464 million to build or improve renewable energy infrastructure and to assist rural communities, agricultural producers and companies’ lower energy costs in 48 states and Puerto Rico. USD 129 million of these projects have been funded by the USDA under the Rural Electricity for America Program. This programme offers assistance to support the purchase and installation of renewable energy systems as well as improvements to energy efficiency for rural small enterprises and agricultural producers. By improving their energy efficiency, rural America will generate and save more than 379 million kilowatt-hours (kWh), or 35,677 homes' worth of electricity annually. Also, USD 335 million of these projects are being funded by the USDA under the Electric Loan Program. To increase reliability in rural regions, 1,432 miles of line will be built or improved due to the funding. The loans come with USD 102 million for investment in smart grid technology, which makes use of digital communications to track and respond to local variations in electricity consumption. Moreover, the rising investments in smart grids, and implementation of performance-based incentive schemes and guaranteed service programs is anticipated to create the lucrative opportunity for the market during projected period. However, the high cost of reclosers stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Recloser Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the growing focus of US government on replacing aging T&D infrastructure, rising investments in grid integration projects, and growing focus on renewable energy generation. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the growing investments in renewables and distribution infrastructure, rising power consumption, and growing focus on renewable energy generation likely to propel demand for reclosers in the region.
Major market player included in this report are:
ABB Group (Switzerland)
Hubbell Incorporated (US)
Siemens AG (Germany)
Schneider Electric (France)
Eaton Corporation plc (Ireland)
NOJA Power Group Ltd. (Australia)
Brush Group Plc (England)
G&W Industries, Inc. (US)
Entec Electric & Electronic Co., Ltd. (South Korea)
Tavrida Electric AS (Estonia)
Recent Developments in the Market:
In February 2022, Eaton and LG electronics partnered to deliver flexible load management for renewable distributed energy applications. Under this partnership, Eaton will integrate its intelligent power management technology, including its smart breakers and EV chargers, with the LG ThinQ Energy mobile app and LG energy management solutions.
Global Recloser Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Phase Type, Control Type, Voltage Rating, Insulation Medium, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Phase Type:
Three
Single
Triple-single
By Control Type:
Electronic
Hydraulic
By Voltage Rating:
Up to 15 kV
16-27 kV
28-38 kV
By Insulation Medium:
Oil
Air
Epoxy
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies Mentioned
ABB Group (Switzerland)
Hubbell Incorporated (US)
Siemens AG (Germany)
Schneider Electric (France)
Eaton Corporation plc (Ireland)
NOJA Power Group Ltd. (Australia)
Brush Group Plc (England)
G&W Industries, Inc. (US)
Entec Electric & Electronic Co., Ltd. (South Korea)
Tavrida Electric AS (Estonia)
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Table of Contents
200 Pages
- Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Recloser Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Recloser Market, by Phase Type, 2020-2030 (USD Billion)
- 1.2.3. Recloser Market, by Control Type, 2020-2030 (USD Billion)
- 1.2.4. Recloser Market, by Voltage Rating, 2020-2030 (USD Billion)
- 1.2.5. Recloser Market, by Insulation Medium, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
- Chapter 2. Global Recloser Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
- Chapter 3. Global Recloser Market Dynamics
- 3.1. Recloser Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Expansion of transmission and distribution network
- 3.1.1.2. Upgrades in existing substations and feeder line protection
- 3.1.1.3. Growing renewable power generation and increasing investments in renewable energy
- 3.1.2. Market Challenges
- 3.1.2.1. High cost of reclosers
- 3.1.2.2. Availability of cheap alternatives to reclosers
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising investments in smart grids
- 3.1.3.2. Implementation of performance-based incentive schemes and guaranteed service programs
- Chapter 4. Global Recloser Market: Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter’s 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
- Chapter 5. Global Recloser Market, by Phase Type
- 5.1. Market Snapshot
- 5.2. Global Recloser Market by Phase Type, Performance - Potential Analysis
- 5.3. Global Recloser Market Estimates & Forecasts by Phase Type 2020-2030 (USD Billion)
- 5.4. Recloser Market, Sub Segment Analysis
- 5.4.1. Three
- 5.4.2. Single
- 5.4.3. Triple-single
- Chapter 6. Global Recloser Market, by Control Type
- 6.1. Market Snapshot
- 6.2. Global Recloser Market by Control Type, Performance - Potential Analysis
- 6.3. Global Recloser Market Estimates & Forecasts by Control Type 2020-2030 (USD Billion)
- 6.4. Recloser Market, Sub Segment Analysis
- 6.4.1. Electronic
- 6.4.2. Hydraulic
- Chapter 7. Global Recloser Market, by Voltage Rating
- 7.1. Market Snapshot
- 7.2. Global Recloser Market by Voltage Rating, Performance - Potential Analysis
- 7.3. Global Recloser Market Estimates & Forecasts by Voltage Rating 2020-2030 (USD Billion)
- 7.4. Recloser Market, Sub Segment Analysis
- 7.4.1. Up to 15 kV
- 7.4.2. 16-27 kV
- 7.4.3. 28-38 kV
- Chapter 8. Global Recloser Market, by Insulation Medium
- 8.1. Market Snapshot
- 8.2. Global Recloser Market by Insulation Medium, Performance - Potential Analysis
- 8.3. Global Recloser Market Estimates & Forecasts by Insulation Medium 2020-2030 (USD Billion)
- 8.4. Recloser Market, Sub Segment Analysis
- 8.4.1. Oil
- 8.4.2. Air
- 8.4.3. Epoxy
- Chapter 9. Global Recloser Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Recloser Market, Regional Market Snapshot
- 9.4. North America Recloser Market
- 9.4.1. U.S. Recloser Market
- 9.4.1.1. Phase Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Control Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Voltage Rating breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Insulation Medium breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Recloser Market
- 9.5. Europe Recloser Market Snapshot
- 9.5.1. U.K. Recloser Market
- 9.5.2. Germany Recloser Market
- 9.5.3. France Recloser Market
- 9.5.4. Spain Recloser Market
- 9.5.5. Italy Recloser Market
- 9.5.6. Rest of Europe Recloser Market
- 9.6. Asia-Pacific Recloser Market Snapshot
- 9.6.1. China Recloser Market
- 9.6.2. India Recloser Market
- 9.6.3. Japan Recloser Market
- 9.6.4. Australia Recloser Market
- 9.6.5. South Korea Recloser Market
- 9.6.6. Rest of Asia Pacific Recloser Market
- 9.7. Latin America Recloser Market Snapshot
- 9.7.1. Brazil Recloser Market
- 9.7.2. Mexico Recloser Market
- 9.8. Middle East & Africa Recloser Market
- 9.8.1. Saudi Arabia Recloser Market
- 9.8.2. South Africa Recloser Market
- 9.8.3. Rest of Middle East & Africa Recloser Market
- Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. ABB Group (Switzerland)
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. Hubbell IncorporatedHubbell (US)
- 10.3.3. Siemens AG (Germany)
- 10.3.4. Schneider Electric (France)
- 10.3.5. Eaton Corporation plc (Ireland)
- 10.3.6. NOJA Power Group Ltd. (Australia)
- 10.3.7. Brush Group Plc (England)
- 10.3.8. G&W Industries, Inc. Electric (US)
- 10.3.9. Entec Electric & Electronic Co., Ltd. (South Korea)
- 10.3.10. Tavrida Electric AS (Estonia)
- Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
- List of Tables
- TABLE 1. Global Recloser Market, report scope
- TABLE 2. Global Recloser Market estimates & forecasts by region 2020-2030 (USD Billion)
- TABLE 3. Global Recloser Market estimates & forecasts by Phase Type 2020-2030 (USD Billion)
- TABLE 4. Global Recloser Market estimates & forecasts by Control Type 2020-2030 (USD Billion)
- TABLE 5. Global Recloser Market estimates & forecasts by Voltage Rating 2020-2030 (USD Billion)
- TABLE 6. Global Recloser Market estimates & forecasts by Insulation Medium 2020-2030 (USD Billion)
- TABLE 7. Global Recloser Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8. Global Recloser Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Recloser Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Recloser Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Recloser Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Recloser Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Recloser Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14. Global Recloser Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15. Global Recloser Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16. Global Recloser Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 17. U.S. Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 18. U.S. Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 19. U.S. Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 20. Canada Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 21. Canada Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 22. Canada Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 23. UK Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 24. UK Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 25. UK Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 26. Germany Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 27. Germany Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 28. Germany Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 29. France Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 30. France Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 31. France Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 32. Italy Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 33. Italy Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 34. Italy Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 35. Spain Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 36. Spain Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 37. Spain Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 38. RoE Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 39. RoE Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 40. RoE Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 41. China Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 42. China Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 43. China Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 44. India Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 45. India Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 46. India Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 47. Japan Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 48. Japan Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 49. Japan Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 50. South Korea Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 51. South Korea Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 52. South Korea Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 53. Australia Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 54. Australia Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 55. Australia Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 56. RoAPAC Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 57. RoAPAC Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 58. RoAPAC Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 59. Brazil Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 60. Brazil Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 61. Brazil Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 62. Mexico Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 63. Mexico Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 64. Mexico Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 65. RoLA Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 66. RoLA Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 67. RoLA Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 68. Saudi Arabia Recloser Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 69. South Africa Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 70. RoMEA Recloser Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 71. List of secondary sources, used in the study of global Recloser Market
- TABLE 72. List of primary sources, used in the study of global Recloser Market
- TABLE 73. Years considered for the study
- TABLE 74. Exchange rates considered
- List of tables and figures and dummy in nature, final lists may vary in the final deliverable
- List of figures
- FIGURE 1. Global Recloser Market, research methodology
- FIGURE 2. Global Recloser Market, Market estimation techniques
- FIGURE 3. Global Market size estimates & forecast methods
- FIGURE 4. Global Recloser Market, key trends 2022
- FIGURE 5. Global Recloser Market, growth prospects 2023-2030
- FIGURE 6. Global Recloser Market, porters 5 force model
- FIGURE 7. Global Recloser Market, pest analysis
- FIGURE 8. Global Recloser Market, value chain analysis
- FIGURE 9. Global Recloser Market by segment, 2020 & 2030 (USD Billion)
- FIGURE 10. Global Recloser Market by segment, 2020 & 2030 (USD Billion)
- FIGURE 11. Global Recloser Market by segment, 2020 & 2030 (USD Billion)
- FIGURE 12. Global Recloser Market by segment, 2020 & 2030 (USD Billion)
- FIGURE 13. Global Recloser Market by segment, 2020 & 2030 (USD Billion)
- FIGURE 14. Global Recloser Market, regional snapshot 2020 & 2030
- FIGURE 15. North America Recloser Market 2020 & 2030 (USD Billion)
- FIGURE 16. Europe Recloser Market 2020 & 2030 (USD Billion)
- FIGURE 17. Asia pacific Recloser Market 2020 & 2030 (USD Billion)
- FIGURE 18. Latin America Recloser Market 2020 & 2030 (USD Billion)
- FIGURE 19. Middle East & Africa Recloser Market 2020 & 2030 (USD Billion)
- List of tables and figures and dummy in nature, final lists may vary in the final deliverable
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