Market Overview:
The global three phase recloser market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for reliable and efficient power distribution systems, especially in developing countries. Additionally, the growing need for protection against faults and outages is also driving the demand for three phase reclosers globally. Based on type, electric reclosers are expected to account for a larger share of the global three phase recloser market than hydraulic reclosers during the forecast period. This can be attributed to their higher reliability and efficiency as compared to hydraulic reclosers. However, hydraulic reclosers are expected to witness faster growth rates due their lower installation costs as compared to electric ones. Based on application, power industry is expected account for a major share of the global three phase re-closer market during 2018-2030 owing ot its growing demand across developed.
Product Definition:
A three-phase recloser is a device used to automatically restore power after a fault has interrupted service. It does this by closing the switch that originally caused the outage and then opening it again after a predetermined amount of time, during which time the power company can send someone to fix the problem. This allows for faster restoration of service than if customers were simply left without power until someone could come out to fix it.
Electric Recloser:
Electric reclosers are used to reduce the current flow in three-phase AC motor. It is a device that works on the principle of electromagnetic attraction and repulsion, which causes it to act as an electrical switch and protect the circuit from high load currents when they are encountered in any electrical equipment.
The global electric recloser market size was valued at USD 648.1 million in 2016.
Hydraulic Recloser:
The hydraulic recloser is a device used to close the circuit in case of emergency situations such as short circuits, overcurrent and overload. It works by transferring the electrical energy from one system to another when triggered. The three-phase reclosers are used in power plants for protecting transformers against high current fluctuations and short circuits that may damage the insulation or core of transformers.
It has three main components namely actuator, pressure plate,.
Application Insights:
The power industry segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand from countries, such as China, India and Brazil for reclosers that are capable of withstanding high electrical & hydraulic pressure. Furthermore, increasing number of power projects across developing nations is expected to augment product demand over the next seven years.
The machinery & equipment application segment was valued at USD 1,227.5 million in 2017 owing to its wide usage in various industries including oil & gas and construction among others which require heavy duty industrial motors with three phase induction capability coupled with electronic controls for smooth motor operation without any failure or breakdowns during operations or maintenance procedures thereby ensuring continuous production output levels on a regular basis without any delays or losses due to machine failures or downtimes caused by scheduled repairs/maintenance activities carried out by service providers during non-production hours which wastes time.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for electric reclosers in countries, such as China and India. Moreover, rising investments in infrastructure development activities are also likely to drive the APAC market growth over the forecast period.
The Europe three phase recluder industry accounted for more than 25% of global revenue share in 2017 on account of presence of key players and high adoption rate across several industries including power generation, manufacturing sector & warehousing & logistics among others. The region is anticipated to grow at a moderate pace due to saturation in end-use markets coupled with economic slowdown caused by Brexit uncertainty which has resulted into lower industrial production output rates observed during January 2018 till March 2018 as comparedto same period previous year (2017).
Growth Factors:
- Increasing demand for energy efficient solutions: The global Three Phase Recloser market is expected to grow at a CAGR of over 5% during the forecast period. This can be attributed to the increasing demand for energy efficient solutions across various industries.
- Growing investments in smart grid infrastructure: The growth of the smart grid infrastructure is expected to drive the demand for Three Phase Recloser products and services over the next few years.
- Rising concerns about power outages: There has been a rise in concerns about power outages in recent years, which is likely to boost the adoption of Three Phase Recloser products and services in near future.
- Proliferation of renewable energy sources: The proliferation of renewable energy sources such as solar and wind is anticipated to create opportunities for Three Phase Recloser market players in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Three Phase Recloser Market Research Report
By Type
Electric Recloser, Hydraulic Recloser
By Application
Power Industry, Machinery & Equipment, Others
By Companies
ABB, Schneider Electric, Eaton, Siemens, GE, NOJA Power, G&W Electric, Tavrida Electric, S&C Electric, Hubbell Power Systems, Jin Kwang E&C, Shinsung, Collagen, Xuji Electric, Sunrise Electric
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Three Phase Recloser Market Report Segments:
The global Three Phase Recloser market is segmented on the basis of:
Types
Electric Recloser, Hydraulic Recloser
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
Power Industry, Machinery & Equipment, 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:
- ABB
- Schneider Electric
- Eaton
- Siemens
- GE
- NOJA Power
- G&W Electric
- Tavrida Electric
- S&C Electric
- Hubbell Power Systems
- Jin Kwang E&C
- Shinsung
- Collagen
- Xuji Electric
- Sunrise Electric
Highlights of The Three Phase 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:
- Electric Recloser
- Hydraulic Recloser
- By Application:
- Power Industry
- Machinery & Equipment
- 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 Three Phase 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.
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- Correctly Positioning New Products
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- Consumer Insights
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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?
A Three Phase Recloser is a device that helps to maintain the correct air pressure in a pipeline system. It does this by closing off sections of the pipeline when the air pressure gets too high or low.
Some of the major players in the three phase recloser market are ABB, Schneider Electric, Eaton, Siemens, GE, NOJA Power, G&W Electric, Tavrida Electric, S&C Electric, Hubbell Power Systems, Jin Kwang E&C, Shinsung, Collagen, Xuji Electric, Sunrise Electric.
The three phase recloser market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Three Phase Recloser Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Three Phase Recloser Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Three Phase Recloser Market - Supply Chain
4.5. Global Three Phase Recloser Market Forecast
4.5.1. Three Phase Recloser Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Three Phase Recloser Market Size (000 Units) and Y-o-Y Growth
4.5.3. Three Phase Recloser Market Absolute $ Opportunity
5. Global Three Phase Recloser Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Three Phase Recloser Market Size and Volume Forecast by Type
5.3.1. Electric Recloser
5.3.2. Hydraulic Recloser
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Three Phase Recloser Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Three Phase Recloser Market Size and Volume Forecast by Application
6.3.1. Power Industry
6.3.2. Machinery & Equipment
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Three Phase Recloser Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Three Phase Recloser Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Three Phase Recloser Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Three Phase Recloser Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Three Phase Recloser Demand Share Forecast, 2019-2026
9. North America Three Phase Recloser Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Three Phase Recloser Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Three Phase Recloser Market Size and Volume Forecast by Application
9.4.1. Power Industry
9.4.2. Machinery & Equipment
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Three Phase Recloser Market Size and Volume Forecast by Type
9.7.1. Electric Recloser
9.7.2. Hydraulic Recloser
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Three Phase Recloser Demand Share Forecast, 2019-2026
10. Latin America Three Phase Recloser Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Three Phase Recloser Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Three Phase Recloser Market Size and Volume Forecast by Application
10.4.1. Power Industry
10.4.2. Machinery & Equipment
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Three Phase Recloser Market Size and Volume Forecast by Type
10.7.1. Electric Recloser
10.7.2. Hydraulic Recloser
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Three Phase Recloser Demand Share Forecast, 2019-2026
11. Europe Three Phase Recloser Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Three Phase Recloser Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Three Phase Recloser Market Size and Volume Forecast by Application
11.4.1. Power Industry
11.4.2. Machinery & Equipment
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Three Phase Recloser Market Size and Volume Forecast by Type
11.7.1. Electric Recloser
11.7.2. Hydraulic Recloser
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Three Phase Recloser Demand Share, 2019-2026
12. Asia Pacific Three Phase Recloser Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Three Phase Recloser Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Three Phase Recloser Market Size and Volume Forecast by Application
12.4.1. Power Industry
12.4.2. Machinery & Equipment
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Three Phase Recloser Market Size and Volume Forecast by Type
12.7.1. Electric Recloser
12.7.2. Hydraulic Recloser
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Three Phase Recloser Demand Share, 2019-2026
13. Middle East & Africa Three Phase Recloser Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Three Phase Recloser Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Three Phase Recloser Market Size and Volume Forecast by Application
13.4.1. Power Industry
13.4.2. Machinery & Equipment
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Three Phase Recloser Market Size and Volume Forecast by Type
13.7.1. Electric Recloser
13.7.2. Hydraulic Recloser
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Three Phase Recloser Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Three Phase Recloser Market: Market Share Analysis
14.2. Three Phase Recloser Distributors and Customers
14.3. Three Phase Recloser Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schneider Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eaton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NOJA Power
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. G&W Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tavrida Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. S&C Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hubbell Power Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Jin Kwang E&C
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shinsung
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Collagen
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Xuji Electric
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sunrise Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
