Global Recloser Market increasing demand with Leading Key Players – Benchmarking, Eaton, Schneider, Siemens, Hubbell, G&W


Posted December 24, 2018 by amarsasane

“Recloser Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2018-2022).

 
Global Recloser Market overview:

With the slowdown in world economic growth, the Recloser industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Recloser Market size to maintain the average annual growth rate of 4.97% from 1850 million $ in 2014 to 2140 million $ in 2017, Market analysts believe that in the next few years, Recloser Market size will be further expanded, we expect that by 2022, The market size of the Recloser will reach 2710 million $.

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The Global Recloser Market is set to witness growth, due to increasing urbanization and industrialization, growing distribution automation for power quality and reliability, and Expanding Distribution Network. 

Global Recloser Market is segmented on the basis of Voltage, Control Type, Phase and Region. On the basis of Control Type into Electric and Hydraulic. The Electric Recloser segment is estimated to hold a major market share. These reclosers are extensively used by utilities in their distribution networks. North America and Europe currently have markets for grid modernization and replacement of old installations. Along with capacity enhancement trending worldwide, investments in distribution automation is expected to drive the market.

Based on phase segment, into Single, Three and Triple Single. The demand for three-phase reclosers is expected to grow at the fastest rate owing to the growth in the smart grid infrastructure and increase in industrialization in developing countries. APAC and Latin America are expected to show high growth in the three-phase distribution segment owing to the increasing demand for three-phase power from industries in India, China, Brazil, and Argentina. Hence, the demand for three-phase reclosers is expected to be higher in these regions.

As per regional analysis, Asia Pacific is expected to lead the Recloser Market. The increasing demand for Electrical Energy due to Urbanization and Industrialization, Distribution Network Upgrade and increasing need of Power Reliability and Distribution Automation as well as rising investments in smart grid is expected to drive the market during the forecast period in the region. The figure given below shows the market size of 2022 in various regions with the respective Compound Annual Growth Rate.

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Major Key Players:

1 Benchmarking

2 Abb

3 Eaton

4 Schneider Electric

5 Siemens

6 Hubbell

7 S&C

8 Tavrida Electric

9 Entec

10 G&W

11 Noja Power

12 Elektrolites

13 Ghorit

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Recloser Market Report 2018

1 Recloser Definition

2 Global Recloser Market Major Player Share and Market Overview

3 Major Player Recloser Business Introduction

4 Global Recloser Market Segmentation (Region Level)

5 Global Recloser Market Segmentation (Product Type Level)

6 Global Recloser Market Segmentation (Industry Level)

7 Global Recloser Market Segmentation (Channel Level)

8 Recloser Market Forecast 2018-2022

9 Recloser Segmentation Type

10 Recloser Segmentation Industry

11 Recloser Cost Analysis

12 Conclusion

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Tags global recloser market , recloser industry analysis , recloser market , recloser market size , recloser
Last Updated December 24, 2018