Market Overview:
The global recloser market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and the need for reliable and efficient power distribution systems. Additionally, the growing awareness about energy conservation is also propelling the growth of this market. The global recloser market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into hydraulic control and electronic control.
Product Definition:
A recloser is a type of circuit breaker that can be automatically reset after it trips. This allows for more stability in the power supply and helps to prevent blackouts.
Hydraulic Control:
Hydraulic control is a device that regulates and monitors the pressure in hydraulic systems. It helps to adjust the system as per requirement, provides information about system status and carries out commands given by it’s user. Hydraulic control plays an important role in almost all industrial operations such as material handling, machine operation, assembly & disassembly of products or parts among others.
Electronic Control:
The electronic control system is used in the recloser to open and close the circuit, which allows electricity to flow through when the button is pressed. The system works on a microcontroller chip that monitors all activities taking place in the circuit.
The major components of an electronic control unit are a power source, sensors for detecting physical parameters such as temperature and pressure, a microcontrollers chip (MCU), relays or other switches for opening.
Application Insights:
Power distribution system (PSD) was the largest application segment in 2017 and is projected to grow at a CAGR of XX% over the forecast period. The rising demand for reclosers in power distribution systems is expected to be driven by an increase in industrialization, urbanization, and construction activities across developing countries such as China, India, Brazil etc.
The product plays a significant role in maintaining reliable operations of electrical equipment such as telecommunication devices and computers which are essential for supporting human life. Electronic control type reclosers operate on principles of magnetic induction thereby eliminating the use of mechanical parts for closing electric circuits or switches resulting into low maintenance cost compared to hydraulic control type counterparts over their lifetime span which extends from 3 years up to 20 years depending upon usage & environment conditions respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising demand for power distribution systems in emerging economies, such as China and India. In addition, increasing investments in new power generation projects are likely to drive product demand over the coming years.
The Asia Pacific recloser market accounted for a revenue share of more than 30% in 2017 owing to its large base of end-use industries across various countries including China, Japan, South Korea, Taiwan and others.
Europe was valued at USD X billion owing high consumer awareness regarding energy conservation along with strict government regulations pertaining utility metering & load measurement devices used for reclosing purposes coupled with other applications such as substation automation & control system etc.
Growth Factors:
- Increasing demand for reclosers from the utility sector as a result of growing electricity consumption
- Rising investments in smart grid infrastructure across the globe
- Proliferation of renewable energy sources such as solar and wind, which are intermittent in nature and require reliable backup power systems
- Growing concerns over grid security and resilience, especially after major blackouts like the one that hit India in 2012
- Advances in digital technologies and big data analytics that are helping utilities to better manage their networks
Scope Of The Report
Report Attributes
Report Details
Report Title
Recloser Market Research Report
By Type
Hydraulic Control, Electronic Control
By Application
Substation, Power Distribution System, Line Interface, Others
By Companies
Eaton, Schneider Electric, ABB, GE, Siemens, Schweitzer Engineering Laboratories, Noja Power, Entec, Tavrida Electric, G&W, Eaton
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Recloser Market Report Segments:
The global Recloser market is segmented on the basis of:
Types
Hydraulic Control, Electronic Control
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Substation, Power Distribution System, Line Interface, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eaton
- Schneider Electric
- ABB
- GE
- Siemens
- Schweitzer Engineering Laboratories
- Noja Power
- Entec
- Tavrida Electric
- G&W
- Eaton
Highlights of The Recloser Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydraulic Control
- Electronic Control
- By Application:
- Substation
- Power Distribution System
- Line Interface
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Recloser Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Recloser is a cloud-based platform that helps businesses automate their customer relationship management (CRM) processes. It provides a centralized interface for managing customer data, including contact information, account history, and activity logs. Recloser also offers automated email marketing and lead generation tools to help businesses increase sales and grow their customer base.
Some of the key players operating in the recloser market are Eaton, Schneider Electric, ABB, GE, Siemens, Schweitzer Engineering Laboratories, Noja Power, Entec, Tavrida Electric, G&W, Eaton.
The recloser market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Recloser Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Recloser Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Recloser Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Recloser Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Recloser Market Size & Forecast, 2020-2028
4.5.1 Recloser Market Size and Y-o-Y Growth
4.5.2 Recloser Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hydraulic Control
5.2.2 Electronic Control
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Substation
6.2.2 Power Distribution System
6.2.3 Line Interface
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Recloser Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Recloser Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hydraulic Control
9.6.2 Electronic Control
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Substation
9.10.2 Power Distribution System
9.10.3 Line Interface
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hydraulic Control
10.6.2 Electronic Control
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Substation
10.10.2 Power Distribution System
10.10.3 Line Interface
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hydraulic Control
11.6.2 Electronic Control
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Substation
11.10.2 Power Distribution System
11.10.3 Line Interface
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hydraulic Control
12.6.2 Electronic Control
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Substation
12.10.2 Power Distribution System
12.10.3 Line Interface
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hydraulic Control
13.6.2 Electronic Control
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Substation
13.10.2 Power Distribution System
13.10.3 Line Interface
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Recloser Market: Competitive Dashboard
14.2 Global Recloser Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton
14.3.2 Schneider Electric
14.3.3 ABB
14.3.4 GE
14.3.5 Siemens
14.3.6 Schweitzer Engineering Laboratories
14.3.7 Noja Power
14.3.8 Entec
14.3.9 Tavrida Electric
14.3.10 G&W
14.3.11 Eaton
