Recloser Market Size, Share & Trends Analysis Report By Phase (Three-phase, Single-phase), By Control Type (Electronic, Hydraulic), By Insulation Medium, By Region, And Segment Forecasts, 2024 - 2030
Description
Recloser Market Size, Share & Trends Analysis Report By Phase (Three-phase, Single-phase), By Control Type (Electronic, Hydraulic), By Insulation Medium, By Region, And Segment Forecasts, 2024 - 2030
Recloser Market Size & Trends
The global recloser market size was estimated at USD 1.13 billion in 2023 and is forecasted to grow at a CAGR of 5.6% from 2024 to 2030. This growth is attributed to the increasing demand for reliable and efficient power distribution systems. Moreover, power generation companies are investing heavily in advanced recloser solutions to enhance grid reliability, reduce outage durations, and improve overall operational efficiency. Reclosers automatically close after detecting and isolating faults, are critical in minimizing disruptions and maintaining a continuous power supply, making them indispensable in modern power distribution networks.
The rapid urbanization and industrialization in emerging economies is leading to an increased requirement for robust electrical infrastructure. Countries in Asia-Pacific, Central & South America, and Middle East & Africa are witnessing substantial investments in their power distribution networks to meet the rising electricity demand from residential, commercial, and industrial sectors. This is projected to support the growth of reclosers owing to their reliable power distribution, reduced losses, and resilience of the electrical grid against faults and outages.
Factors further propelling the recloser market include growing adoption of renewable energy sources such as solar, wind, and hydropower. As utilities integrate more renewable energy into their grids, the complexity and variability of power distribution increase, necessitating advanced protection and automation solutions. Reclosers play a crucial role in managing these challenges by providing automated fault detection and isolation, thereby ensuring the stability and reliability of the grid.
Technological advancements and the increasing focus on grid automation are further enhancing the demand for smart reclosers. Modern reclosers equipped with IoT, SCADA (Supervisory Control and Data Acquisition), and advanced communication technologies allow utilities to monitor and control their distribution networks remotely and in real-time. This capability improves fault management and response times; it also enables predictive maintenance and asset management. The integration of these advanced technologies is driving the development of more efficient recloser solutions, thereby fueling market growth.
Global Recloser Market Report Segmentation
This report forecasts revenue growth at regional & country levels and provides an analysis of the industry trends in each of the segments from 2018 to 2030. For this study, Grand View Research has segmented the global recloser market report based on the phase, control type, insulation medium, and region:
- Phase Outlook (Revenue, USD Million, 2018 - 2030)
- Three-phase
- Single-phase
- Triple Single-phase
- Control Type Outlook (Revenue, USD Million, 2018 - 2030)
- Electronic
- Hydraulic
- Insulation Medium Outlook (Revenue, USD Million, 2018 - 2030)
- Oil
- Air
- Epoxy
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
Table of Contents
109 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
- Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Impact Analysis
- 3.3.2. Market Challenge Impact Analysis
- 3.3.3. Market Opportunity Impact Analysis
- 3.4. Power Quality Equipment Market Analysis Tools
- 3.4.1. Porter’s Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
- Chapter 4. Power Quality Equipment Market: Equipment Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Power Quality Equipment Market: Equipment Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Power Quality Meters
- 4.3.1. Power Quality Meters Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Surge Protection Devices
- 4.4.1. Surge Protection Devices Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Harmonic Filters
- 4.5.1. Harmonic Filters Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Voltage Regulators
- 4.6.1. Voltage Regulators Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Uninterruptable Power Supply (UPS)
- 4.7.1. Uninterruptable Power Supply (UPS) Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.8. Others
- 4.8.1. Others Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 5. Power Quality Equipment Market: Phase Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Power Quality Equipment Market: Phase Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Single Phase
- 5.3.1. Single Phase Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Three Phase
- 5.4.1. Three Phase Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 6. Power Quality Equipment Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Power Quality Equipment Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Residential
- 6.3.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Commercial
- 6.4.1. Commercial Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Industrial & Manufacturing
- 6.5.1. Industrial & Manufacturing Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Utilities
- 6.6.1. Utilities Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Transportation
- 6.7.1. Transportation Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 7. Power Quality Equipment Market: Regional Estimates & Trend Analysis
- 7.1. Power Quality Equipment Market Share, By Region, 2023 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.3. India
- 7.4.3.1. India Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.4. Japan
- 7.4.4.1. Japan Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Middle East & Africa Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.6.2. The Kingdom of Saudi Arabia (KSA)
- 7.6.2.1. The Kingdom of Saudi Arabia (KSA) Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.6.3. UAE
- 7.6.3.1. UAE Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Arica
- 7.6.4.1. South Africa Power Quality Equipment Market estimates & forecasts, 2018 - 2030 (USD Million)
- Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Participant’s Overview
- 8.2.1. Eaton Corporation
- 8.2.1.1. Participant’s Overview
- 8.2.1.2. Financial Performance
- 8.2.1.3. Product Benchmarking
- 8.2.1.4. Recent Developments
- 8.2.2. ABB Ltd.
- 8.2.2.1. Participant’s Overview
- 8.2.2.2. Financial Performance
- 8.2.2.3. Product Benchmarking
- 8.2.2.4. Recent Developments
- 8.2.3. Siemens
- 8.2.3.1. Participant’s Overview
- 8.2.3.2. Financial Performance
- 8.2.3.3. Product Benchmarking
- 8.2.3.4. Recent Developments
- 8.2.4. General Electric Company
- 8.2.4.1. Participant’s Overview
- 8.2.4.2. Financial Performance
- 8.2.4.3. Product Benchmarking
- 8.2.4.4. Recent Developments
- 8.2.5. Honeywell International, Inc.
- 8.2.5.1. Participant’s Overview
- 8.2.5.2. Financial Performance
- 8.2.5.3. Product Benchmarking
- 8.2.5.4. Recent Developments
- 8.2.6. Leviton Manufacturing Co., Inc.
- 8.2.6.1. Participant’s Overview
- 8.2.6.2. Financial Performance
- 8.2.6.3. Product Benchmarking
- 8.2.6.4. Recent Developments
- 8.2.7. Emerson Electric Co.
- 8.2.7.1. Participant’s Overview
- 8.2.7.2. Financial Performance
- 8.2.7.3. Product Benchmarking
- 8.2.7.4. Recent Developments
- 8.2.8. Schneider Electric S.E.
- 8.2.8.1. Participant’s Overview
- 8.2.8.2. Financial Performance
- 8.2.8.3. Product Benchmarking
- 8.2.8.4. Recent Developments
- 8.2.9. Legrand
- 8.2.9.1. Participant’s Overview
- 8.2.9.2. Financial Performance
- 8.2.9.3. Product Benchmarking
- 8.2.9.4. Recent Developments
- 8.2.10. Piller Power Systems
- 8.2.10.1. Participant’s Overview
- 8.2.10.2. Financial Performance
- 8.2.10.3. Product Benchmarking
- 8.2.10.4. Recent Developments
- 8.3. Company Market Positioning
- 8.4. Company Market Share Analysis, 2023
- 8.5. Company Heat Map Analysis
- 8.6. Strategy Mapping
- 8.6.1. Expansion
- 8.6.2. Collaborations
- 8.6.3. Mergers & Acquisitions
- 8.6.4. New Product Launches
- 8.6.5. Partnerships
- 8.6.6. Others
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