Global Recloser Market Growth 2023-2029

Global Recloser Market Growth 2023-2029

The Recloser industry can be broken down into several segments, Hydraulic Control, Electronic Control, etc.
Across the world, the major players cover Eaton, Schneider Electric, ABB, etc.
There are two basic types of recloser control schemes: an integral hydraulic control or an electronic control located in a separate cabinet. Hydraulic recloser control is used in most single-phase reclosers and in three-phase recloser types 6H and V6H and is built as an integral part of the recloser. Electronic recloser controls are used in most three-phase reclosers and in the single-phase recloser types VXE, NOVA STS, and NOVA¹. Compared with the hydraulic control, electronic controls are more flexible, more easily customized and programmed, and many have advanced protection, metering, and automation functionality.
LPI (LP Information)' newest research report, the “Recloser Industry Forecast” looks at past sales and reviews total world Recloser sales in 2022, providing a comprehensive analysis by region and market sector of projected Recloser sales for 2023 through 2029. With Recloser sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recloser industry.
This Insight Report provides a comprehensive analysis of the global Recloser landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Recloser portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Recloser market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recloser and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Recloser.
The global Recloser market size is projected to grow from US$ 1315.3 million in 2022 to US$ 1785.2 million in 2029; it is expected to grow at a CAGR of 1785.2 from 2023 to 2029.
According to the Segmentation of types, all the market of Recloser can be divided as follows:
The first main kind is Hydraulic Control, it hold a comparatively larger share in global market, which accounts for about 55%.
Another main kind is Electronic Control, for many companies, Electronic Control is attractive because of the market consumption need in the future. The Electronic Control share the rest 45% market share.
From the view of region, Asia-Pacific have a larger market share which account for 40%. North America and Europe hold a market share of 28% and 26%.
The Recloser market consists of a well-established group of brand name manufacturers and new entrants.
The world leading players in the Recloser market are Eaton, Schneider Electric, ABB and so on. These Top 3 companies currently account for more than 41% of the total market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Recloser market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Hydraulic Control
Electronic Control
Segmentation by application
Substation
Power Distribution System
Line Interface
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Eaton
Schneider Electric
ABB
GE
Siemens
Schweitzer Engineering Laboratories
Noja Power
Entec
Tavrida Electric
G&W
Fanox
Key Questions Addressed in this Report
What is the 10-year outlook for the global Recloser market?
What factors are driving Recloser market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Recloser market opportunities vary by end market size?
How does Recloser break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.