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North America 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

Publisher Knowledge Based Value (KBV) Research
Published May 17, 2024
Length 110 Pages
SKU # KBV18804775

Description

North America 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 North America Recloser Market would witness market growth of 4.2% CAGR during the forecast period (2024-2031).

The US market dominated the North America Recloser Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $321.2 million by 2031. The Canada market is registering a CAGR of 6.3% during (2024 - 2031). Additionally, The Mexico market would showcase a CAGR of 5.6% during (2024 - 2031).

Technological advancements have played a significant role in shaping the market, with innovations such as smart grid capabilities, communication protocols, and predictive maintenance features transforming traditional recloser devices into intelligent assets capable of optimizing grid performance. These advancements enable utilities to remotely monitor, control, and analyse distribution networks in real-time, leading to improved operational efficiency and cost-effectiveness.

As technology rapidly innovates, consumers are adopting more reclosers. Also, awareness is increasing among consumers and businesses about the importance of power quality, including voltage regulation and transient fault management, creating a market demand for reclosers that can address these concerns effectively. Renewable energy generation patterns may not always align with demand, leading to mismatches between supply and consumption.

The demand for reclosers in North America is rising, driven by increasing blackouts and urbanization. Recent examples underscore the importance of reclosers in mitigating the effects of blackouts. For instance, in 2020, Hurricane Laura caused widespread damage and power outages across Louisiana and Texas. Utilities in the affected areas relied on reclosers to identify and isolate faults quickly, enabling faster power restoration to impacted communities. Thus, the aforementioned trends in North America create a favourable environment for 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 U.S., Mexico, Canada, and Rest of North America.

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.
North America Recloser Market Report Segmentation

By Control Type
  • Electronic
  • Hydraulic
By Phase
  • Three Phase
  • Single Phase
  • Triple Single Phase
By Voltage Rating
  • Upto 15 KV
  • 16 to 27 KV
  • 28 to 38 KV
By Insulation Medium
  • Epoxy
  • Air
  • Oil
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

110 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Recloser Market, by Control Type
1.4.2 North America Recloser Market, by Phase
1.4.3 North America Recloser Market, by Voltage Rating
1.4.4 North America Recloser Market, by Insulation Medium
1.4.5 North America 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. North America Recloser Market by Control Type
5.1 North America Electronic Market by Region
5.2 North America Hydraulic Market by Region
Chapter 6. North America Recloser Market by Phase
6.1 North America Three Phase Market by Country
6.2 North America Single Phase Market by Country
6.3 North America Triple Single Phase Market by Country
Chapter 7. North America Recloser Market by Voltage Rating
7.1 North America Upto 15 KV Market by Country
7.2 North America 16 to 27 KV Market by Country
7.3 North America 28 to 38 KV Market by Country
Chapter 8. North America Recloser Market by Insulation Medium
8.1 North America Epoxy Market by Country
8.2 North America Air Market by Country
8.3 North America Oil Market by Country
Chapter 9. North America Recloser Market by Country
9.1 US Recloser Market
9.1.1 US Recloser Market by Control Type
9.1.2 US Recloser Market by Phase
9.1.3 US Recloser Market by Voltage Rating
9.1.4 US Recloser Market by Insulation Medium
9.2 Canada Recloser Market
9.2.1 Canada Recloser Market by Control Type
9.2.2 Canada Recloser Market by Phase
9.2.3 Canada Recloser Market by Voltage Rating
9.2.4 Canada Recloser Market by Insulation Medium
9.3 Mexico Recloser Market
9.3.1 Mexico Recloser Market by Control Type
9.3.2 Mexico Recloser Market by Phase
9.3.3 Mexico Recloser Market by Voltage Rating
9.3.4 Mexico Recloser Market by Insulation Medium
9.4 Rest of North America Recloser Market
9.4.1 Rest of North America Recloser Market by Control Type
9.4.2 Rest of North America Recloser Market by Phase
9.4.3 Rest of North America Recloser Market by Voltage Rating
9.4.4 Rest of North America 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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