Hydraulic Recloser Market Size - By Phase (Single phase, Three phase), By Interruption (Oil, Vacuum), By Voltage Rating (15 kV, 27 kV, 38 kV) & Forecast, 2023 - 2032

Hydraulic Recloser Market Size - By Phase (Single phase, Three phase), By Interruption (Oil, Vacuum), By Voltage Rating (15 kV, 27 kV, 38 kV) & Forecast, 2023 - 2032

The global hydraulic recloser market is expected to register a growth rate of 6.1% during 2023-2032, driven by the modernization of power infrastructure, rising concerns about power outages, and the increasing adoption of renewable energy sources.

According to a report by Carbon Brief in 2022, scientists attribute increased likelihood or severity of 93% of 152 extreme heat events to climate change. Moreover, as per a report by WHO in 2023, human-induced climate change is responsible for 37% of heat-related deaths. With the increasing frequency and severity of weather-related events, there is emphasis on implementing intelligent and automated systems that can quickly identify and rectify faults in the power distribution network. Hydraulic reclosers, with their ability to automatically restore power after a temporary fault, play a significant role in minimizing disruptions and ensuring a continuous and stable power supply.

The overall hydraulic recloser industry is classified based on phase, interruption, voltage rating, and region.

The three-phase segment is set for steady growth during the study period owing to the technology’s ability to provide comprehensive protection for all three phases of the power distribution system. This ensures a higher level of reliability and efficiency in handling faults, making it a preferred choice for utilities and power distribution companies. Moreover, it is designed to operate seamlessly in complex grid environments, thus maintaining a consistent power supply even in challenging conditions.

The 15 kV rating segment is anticipated to grow seamlessly through 2032 owing to the increasing deployment of medium-voltage power distribution networks in urban and industrial settings. The 15 kV rating hydraulic reclosers offer a balance between performance and cost-effectiveness, making them a preferred choice for utilities looking to upgrade their infrastructure to meet the demands of a rapidly evolving energy landscape.

North America hydraulic recloser market size is poised for robust growth during 2023-2032, driven by high level of industrialization, coupled with a growing focus on grid modernization. The region’s commitment to renewable energy integration and the need for reliable power distribution in both urban and rural areas further drive market growth. Moreover, the presence of key industry players and ongoing investments in smart grid initiatives position North America as a revenue lucrative avenue.