Title: Global Recloser Market, Forecast to 2027
1Recloser Market by Phase Type (Three Phase,
Single Phase, and Triple-single Phase), Control
Type (Electronic and Hydraulic), Voltage Rating
(Up to 15 kV, 16-27 kV, and 28-38 kV), Insulation
Medium (Oil, Air, and Epoxy) and Region - Global
Forecast to 2027
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2The global recloser market is expected to reach
USD 1.3 billion by 2027 from an estimated USD 1.0
billion in 2022, at a CAGR of 5.4 from 2022 to
2027. The recloser market is expected to witness
significant growth during the forecast period,
owing to the power distribution infrastructure,
which is expected to strengthen in the upcoming
years with the rise in demand for electricity.
Also, the increase in renewable energy capacity
addition and increased investment in industrial
production will enable the demand for reclosers.
With the growing usage of high-voltage direct
systems, the market for reclosers is expected to
be driven at a faster rate. View detailed Table
of Content here https//www.marketsandmarkets.co
m/Market-Reports/reclosers-market-187393365.html
3Three phase segment, by Phase Type, to occupy the
majority of recloser market share The
three-phase segment, by Phase Type, is projected
to hold the largest market share during the
forecast period. Three-phase reclosers provide
reliable, self-contained distribution-circuit
overcurrent protection at a low initial cost and
require minimal service. Because most line faults
are temporary, they will clear after only
momentary circuit interruption therefore,
permanent outages usually are prevented. These
types of reclosers are mainly used in heavy
industrial applications due to their sizeable
power-carrying capacity and suitability for the
operation of heavier electrical equipment. Make
an Inquiry https//www.marketsandmarkets.com/Enq
uiry_Before_BuyingNew.asp?id187393365
4Up to 15 kV voltage segment, by voltage rating,
to be the largest market Based on the voltage,
the Upto 15 kV segment is estimated to be the
largest market from 2020 to 2027. The demand for
substation equipment safety is boosting the
development of advanced protection devices such
as automatic circuit reclosers. The up to 15 kV
segment is expected to grow at the highest rate
due to the increase in the residential power
distribution capacity to cater to the increasing
demand for electricity in residential areas.
5 Browse gtgt 171 market data
tables 49 figures
227 pages and in-depth TOC on Recloser
Market - Global Forecast to 2027 Early buyers
will receive 10 customization on this
report. This is a Premium Report Priced at US
4950 for single user. Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
6Asia Pacific followed by North America emerged as
the largest recloser market Asia Pacific
accounted for the largest global recloser market
share during the forecast period owing to the
increasing investments in transmission and
distribution line expansion projects. Also, the
rising industrial and commercial sectors and the
increasing investments in smart grid
infrastructure in China, India, South Korea, and
Australia are expected to drive the market. Also,
the increasing demand for continuous and reliable
power supply, along with the replacement of the
aging distribution network, is likely to fuel the
market further in Asia Pacific region. Speak to
Analyst _at_ https//www.marketsandmarkets.com/speakt
oanalystNew.asp?id187393365
7- Key players -
- To enable an in-depth understanding of the
competitive landscape, the report includes the
profiles of some of the top players in the
Recloser Market. These include - ABB (Switzerland),
- NOJA Power (Australia),
- Siemens (Germany),
- Schneider Electric (France),
- Eaton (Ireland) among others...
- Buy Now - https//www.marketsandmarkets.com/Purc
hase/purchase_reportNew.asp?id187393365
8Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
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