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Recloser Control Market size is anticipated to grow by 7% CAGR from 2023 to 2030, reaching USD 1.75 billion.
The expansion of the transmission and distribution network is one of the key factors driving the growth of the global market. Additionally, there are potential for the worldwide recloser control business because to the demand for smart grid infrastructure. For instance, the US Department of Energy (DOE) unveiled a multiyear programme plan for grid modernization in 2016 with the goal of converting traditional grid architecture to increase the grid system's dependability. Electric technologies like recloser control are anticipated to become more accessible as a result. ABB (Switzerland), Eaton (Ireland), Schneider (France), Hubbell (US), G&W Electric (US), General Electric (US), Noja Power (Australia), Tavrida (China), Entec (US), Beckwith Electric (US), and SEL (US) are a few of the leading companies active in the global recloser control market.
Recloser control is being produced by many large companies, including ABB, GE, Siemens, and others, in response to a significant increase in demand from the industrial sector. These players aggressively engage in contracts and agreements and introduce new products as a crucial tactic to provide the most appropriate recloser control. As an illustration, GE and G&W Electric worked together in April 2016 to produce new integrated recloser solutions that included GE's brand-new Multilin R650 recloser control. The high price of recloser controls in some regions of the world, however, is anticipated to impede market expansion.
The type, phase, voltage rating, and geographic regions have all been used to segment the global recloser control market. Hydraulic control and electric control are both available on the international market. Due to its widespread applicability, increased flexibility, and automation capabilities, the electric recloser segment is anticipated to hold a larger proportion. The global market is divided into three categories based on voltage rating: up to 15 kV, 16–27 kV, and 28–38 kV. Due to its widespread use in the distribution network's residential applications, the 15 kv voltage rating market is anticipated to expand at the greatest CAGR over the forecast period. The global market has been divided into three, single, and triple-single phases based on phase. Due to its widespread use in the industrial sector, the single-phase category is anticipated to hold the greatest share within the global market.
Due to the increasing demand for a stable and efficient power supply worldwide, the global recloser control market is anticipated to expand more quickly. A recloser is a power switch that cuts off electricity automatically in the event of a short circuit. In electronic overhead distribution systems, reclosers are used to find and fix transient defects. The sophisticated recloser control system, which gathers current signal, is mounted outside the reclosers. Recloser controls come in two main varieties: complete hydraulic recloser controls and electronic recloser controls. In single-phase reclosers, the hydraulic recloser control is typically employed, while three-phase reclosers typically use electronic recloser controls. The global market is divided into five regions based on geography: North America, Asia-Pacific, Europe, Middle East & Africa, and South America. Due to the installation of new distribution lines and the renovation of outdated distribution systems in the region, Asia-Pacific holds the biggest market share.
Report Coverage
Global Recloser Control research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Recloser Control report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Recloser Control competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Recloser Control market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Recloser Control market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Recloser Control market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ABB (Switzerland), Eaton (Ireland), Schneider (France), Hubbell (US), G&W Electric (US), General Electric (US), Noja Power (Australia), Tavrida (china), Entec (US), Beckwith Electric (US), and SEL (US)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Recloser Control market based on the below-mentioned segments:
Global Recloser Control Market, By Type
Electric Control
Hydraulic Control
Global Recloser Control market, By Phase
Three-phase
Single-phase
Triple-single Phase
Global Recloser Control Market, By Voltage Rating
Up to 15kv
16-27 kv
28-38 kv
Global Recloser Control market, Regional Analysis
The expansion of the transmission and distribution network is one of the key factors driving the growth of the global market. Additionally, there are potential for the worldwide recloser control business because to the demand for smart grid infrastructure. For instance, the US Department of Energy (DOE) unveiled a multiyear programme plan for grid modernization in 2016 with the goal of converting traditional grid architecture to increase the grid system's dependability. Electric technologies like recloser control are anticipated to become more accessible as a result. ABB (Switzerland), Eaton (Ireland), Schneider (France), Hubbell (US), G&W Electric (US), General Electric (US), Noja Power (Australia), Tavrida (China), Entec (US), Beckwith Electric (US), and SEL (US) are a few of the leading companies active in the global recloser control market.
Recloser control is being produced by many large companies, including ABB, GE, Siemens, and others, in response to a significant increase in demand from the industrial sector. These players aggressively engage in contracts and agreements and introduce new products as a crucial tactic to provide the most appropriate recloser control. As an illustration, GE and G&W Electric worked together in April 2016 to produce new integrated recloser solutions that included GE's brand-new Multilin R650 recloser control. The high price of recloser controls in some regions of the world, however, is anticipated to impede market expansion.
The type, phase, voltage rating, and geographic regions have all been used to segment the global recloser control market. Hydraulic control and electric control are both available on the international market. Due to its widespread applicability, increased flexibility, and automation capabilities, the electric recloser segment is anticipated to hold a larger proportion. The global market is divided into three categories based on voltage rating: up to 15 kV, 16–27 kV, and 28–38 kV. Due to its widespread use in the distribution network's residential applications, the 15 kv voltage rating market is anticipated to expand at the greatest CAGR over the forecast period. The global market has been divided into three, single, and triple-single phases based on phase. Due to its widespread use in the industrial sector, the single-phase category is anticipated to hold the greatest share within the global market.
Due to the increasing demand for a stable and efficient power supply worldwide, the global recloser control market is anticipated to expand more quickly. A recloser is a power switch that cuts off electricity automatically in the event of a short circuit. In electronic overhead distribution systems, reclosers are used to find and fix transient defects. The sophisticated recloser control system, which gathers current signal, is mounted outside the reclosers. Recloser controls come in two main varieties: complete hydraulic recloser controls and electronic recloser controls. In single-phase reclosers, the hydraulic recloser control is typically employed, while three-phase reclosers typically use electronic recloser controls. The global market is divided into five regions based on geography: North America, Asia-Pacific, Europe, Middle East & Africa, and South America. Due to the installation of new distribution lines and the renovation of outdated distribution systems in the region, Asia-Pacific holds the biggest market share.
Report Coverage
Global Recloser Control research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Recloser Control report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Recloser Control competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Recloser Control market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | ABB (Switzerland), Eaton (Ireland), Schneider (France), Hubbell (US), G&W Electric (US), General Electric (US), Noja Power (Australia), Tavrida (china), Entec (US), Beckwith Electric (US), and SEL (US) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Recloser Control Market from 2021 to 2030.
- Market Forecast for Recloser Control Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Recloser Control competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Recloser Control
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Recloser Control market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Recloser Control market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ABB (Switzerland), Eaton (Ireland), Schneider (France), Hubbell (US), G&W Electric (US), General Electric (US), Noja Power (Australia), Tavrida (china), Entec (US), Beckwith Electric (US), and SEL (US)
Primary Target Market
- Market Players of Recloser Control
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Recloser Control market based on the below-mentioned segments:
Global Recloser Control Market, By Type
Electric Control
Hydraulic Control
Global Recloser Control market, By Phase
Three-phase
Single-phase
Triple-single Phase
Global Recloser Control Market, By Voltage Rating
Up to 15kv
16-27 kv
28-38 kv
Global Recloser Control market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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