
Europe Recloser Market Size, Share & Trends Analysis Report By Control Type, By Phase, By Voltage Rating (Upto 15 KV, 16 to 27 KV, and 28 to 38 KV), By Insulation Medium (Epoxy, Air, and Oil), By Country and Growth Forecast, 2024 - 2031
Description
Europe Recloser Market Size, Share & Trends Analysis Report By Control Type, By Phase, By Voltage Rating (Upto 15 KV, 16 to 27 KV, and 28 to 38 KV), By Insulation Medium (Epoxy, Air, and Oil), By Country and Growth Forecast, 2024 - 2031
The Europe Recloser Market would witness market growth of 4.4% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Recloser Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $92.7 million by 2031. The UK market is showcasing a CAGR of 3.5% during (2024 - 2031). Additionally, The France market would register a CAGR of 5.2% during (2024 - 2031).
Regulatory mandates and standards also contribute to the growth of the market, as governments impose requirements for installing protective devices to ensure grid reliability, safety, and compliance. This regulatory environment creates a steady demand for reclosers, particularly in regions with stringent reliability standards or where utilities are incentivized to invest in grid resilience. As utilities strive to build robust and resilient distribution networks capable of withstanding the challenges posed by climate change, natural disasters, and cybersecurity threats, the importance of reclosers as essential components of the modern electrical grid becomes increasingly apparent.
Ongoing advancements in recloser technology, such as integrating sensors, communication capabilities, and predictive maintenance features, improve their performance, reliability, and lifespan. These innovations make reclosers more attractive for utilities seeking to optimize their operations. Also, compliance with stringent regulatory requirements and industry standards to ensure grid reliability, safety, and efficiency drives the adoption of reclosers that meet or exceed these specifications.
Additionally, the operation of nuclear power plants can lead to increased electricity demand in their regions, which can put additional stress on distribution systems. According to EIA, nuclear power plants generated 68% of France’s electricity in 2021. Nuclear power plants in France generated 361 billion kilowatt-hours of electricity in 2021, accounting for 68% of the country’s annual electricity generation. France has 56 operable nuclear reactors with a total 61 gigawatts (GW) capacity. The increased demand for electricity supply results in more frequent faults and disruptions, driving the need for reclosers to maintain grid reliability. Thus, these factors will aid in the growth of the market.
Based on Control Type, the market is segmented into Electronic and Hydraulic. Based on Phase, the market is segmented into Three Phase, Single Phase, and Triple Single Phase. Based on Voltage Rating, the market is segmented into Upto 15 KV, 16 to 27 KV, and 28 to 38 KV. Based on Insulation Medium, the market is segmented into Epoxy, Air, and Oil. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Schneider Electric SE
- Eaton Corporation
- ABB Ltd.
- Siemens AG
- General Electric Company
- Hubbell Incorporated
- S&C Electric Company
- ENTEC Electric & Electronic Co. Ltd
- G&W Electric Company
- NOJA Power Switchgear Pty. Ltd.
By Control Type
- Electronic
- Hydraulic
- Three Phase
- Single Phase
- Triple Single Phase
- Upto 15 KV
- 16 to 27 KV
- 28 to 38 KV
- Epoxy
- Air
- Oil
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
123 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Recloser Market, by Control Type
- 1.4.2 Europe Recloser Market, by Phase
- 1.4.3 Europe Recloser Market, by Voltage Rating
- 1.4.4 Europe Recloser Market, by Insulation Medium
- 1.4.5 Europe Recloser Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
- Chapter 5. Europe Recloser Market by Control Type
- 5.1 Europe Electronic Market by Country
- 5.2 Europe Hydraulic Market by Country
- Chapter 6. Europe Recloser Market by Phase
- 6.1 Europe Three Phase Market by Country
- 6.2 Europe Single Phase Market by Country
- 6.3 Europe Triple Single Phase Market by Country
- Chapter 7. Europe Recloser Market by Voltage Rating
- 7.1 Europe Upto 15 KV Market by Country
- 7.2 Europe 16 to 27 KV Market by Country
- 7.3 Europe 28 to 38 KV Market by Country
- Chapter 8. Europe Recloser Market by Insulation Medium
- 8.1 Europe Epoxy Market by Country
- 8.2 Europe Air Market by Country
- 8.3 Europe Oil Market by Country
- Chapter 9. Europe Recloser Market by Country
- 9.1 Germany Recloser Market
- 9.1.1 Germany Recloser Market by Control Type
- 9.1.2 Germany Recloser Market by Phase
- 9.1.3 Germany Recloser Market by Voltage Rating
- 9.1.4 Germany Recloser Market by Insulation Medium
- 9.2 UK Recloser Market
- 9.2.1 UK Recloser Market by Control Type
- 9.2.2 UK Recloser Market by Phase
- 9.2.3 UK Recloser Market by Voltage Rating
- 9.2.4 UK Recloser Market by Insulation Medium
- 9.3 France Recloser Market
- 9.3.1 France Recloser Market by Control Type
- 9.3.2 France Recloser Market by Phase
- 9.3.3 France Recloser Market by Voltage Rating
- 9.3.4 France Recloser Market by Insulation Medium
- 9.4 Russia Recloser Market
- 9.4.1 Russia Recloser Market by Control Type
- 9.4.2 Russia Recloser Market by Phase
- 9.4.3 Russia Recloser Market by Voltage Rating
- 9.4.4 Russia Recloser Market by Insulation Medium
- 9.5 Spain Recloser Market
- 9.5.1 Spain Recloser Market by Control Type
- 9.5.2 Spain Recloser Market by Phase
- 9.5.3 Spain Recloser Market by Voltage Rating
- 9.5.4 Spain Recloser Market by Insulation Medium
- 9.6 Italy Recloser Market
- 9.6.1 Italy Recloser Market by Control Type
- 9.6.2 Italy Recloser Market by Phase
- 9.6.3 Italy Recloser Market by Voltage Rating
- 9.6.4 Italy Recloser Market by Insulation Medium
- 9.7 Rest of Europe Recloser Market
- 9.7.1 Rest of Europe Recloser Market by Control Type
- 9.7.2 Rest of Europe Recloser Market by Phase
- 9.7.3 Rest of Europe Recloser Market by Voltage Rating
- 9.7.4 Rest of Europe Recloser Market by Insulation Medium
- Chapter 10. Company Profiles
- 10.1 Schneider Electric SE
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Segmental and Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.6 SWOT Analysis
- 10.2 Eaton Corporation PLC
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expense
- 10.2.5 SWOT Analysis
- 10.3 ABB Ltd.
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 SWOT Analysis
- 10.4 Siemens AG
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Acquisition and Mergers:
- 10.4.6 SWOT Analysis
- 10.5 General Electric Company
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 SWOT Analysis
- 10.6 Hubbell Incorporated
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 SWOT Analysis
- 10.7 S&C Electric Company
- 10.7.1 Company Overview
- 10.7.2 SWOT Analysis
- 10.8 ENTEC Electric & Electronic Co. Ltd.
- 10.8.1 Company Overview
- 10.8.2 SWOT Analysis
- 10.9 G&W Electric
- 10.9.1 Company Overview
- 10.9.2 Recent strategies and developments:
- 10.9.2.1 Acquisition and Mergers:
- 10.9.3 SWOT Analysis
- 10.10. NOJA Power Switchgear Pty. Ltd.
- 10.10.1 Company Overview
- 10.10.2 SWOT Analysis
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