Press release
Europe Load Break Switch and Recloser Market (2018-2024)-6Wresearch
Increasing Power Demand and Rising Renewable Energy Share Would Create New Power Generation and Distribution Projects Which Would Surge the Demand for Load Break Switch & Recloser Market in Europe During the Forecast Period - 6WresearchLoad Break Switch & Recloser market in Europe would register substantial growth over the next six years with huge investment in power generation and distribution sector to cater the increasing power demand in the region. Furthermore, to achieve aggressive emission reduction targets, the European Union countries are making significant improvement in renewable energy infrastructure to increase the proportion of renewable energy in overall energy mix to at least 27% by 2030. To achieve this target there would be huge inflow of capital in power generation and transmission infrastructure which in turn would also drive the demand for Load Break Switch and Recloser during the forecast period.
According to 6Wresearch, Europe Load Break Switch and Recloser Market is projected to grow at a CAGR of 8.6% and 5.9%, respectively during 2018-24. Load Break Switch and Recloser market in the European region would experience robust growth in the wake of the refurbishment of aging infrastructure and increasing investment in the power distribution sector. Further, with significant growth in power and industrial sector of several countries, the demand for Load Break Switch and Recloser Market in Europe is likely to grow over the coming years. However, rising investment in renewable energy sector would drive the demand for Load Break Switch and Recloser.
According to Ravi Bhandari, Assistant Manager, 6Wresearch, "Load Break Switch and Recloser are majorly used in power distribution applications and with the development of power sector infrastructure over the coming years, the market for Load Break Switches and Recloser would benefit consequently."
"To meet 2020 Climate and Energy Package targets and to achieve the objective of 2030 Framework for Climate and Energy Policies, the European Union is going to invest around $162.5 billion for building electricity network for both onshore and offshore storage and smart grid applications at transmission and distribution level. With this investment, development activities would be undertaken in power sector which would also impact the growth of load break switch market positively during the forecast period", Ravi further added.
According to Prakhar Srivastava, Senior Research Analyst, Research and Consulting, 6Wresearch, "Russia, UK and Germany are amongst the top players in terms of revenues in the Load Break Switch and Recloser market in the European region. UK Power Networks is planning to invest $5.04 billion by 2023 on power infrastructure, which would generate more demand for Load Break Switch and Recloser in UK during the forecast period."
Some of the major companies in the European Load Break Switch & Recloser market include - Schneider, Tavrida, Noja Power and Eaton.
"Europe Load Break Switch and Recloser Market (2018-2024)" provides an in-depth analysis with 215 figures and 18 tables, covered in more than 200 pages. The report estimates and forecast the overall Europe Load Break Switch and Recloser market by revenue, types, countries and applications such as Industrial and Distribution power utilities. The report also offer insights on competitive landscape, company profiles, market drivers and restraints.
For Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/press-releases/europe-load-break-switch-and-recloser-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile-insights.html
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Delhi/NCR Office
1107-1108, PEARLS BEST HEIGHTS
TOWER 1, NETAJI SUBHASH PLACE
PITAMPURA, New Delhi-110034
Email sales@6wresearch.com
Phone: +911143024305
Website : http://www.6wresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Europe Load Break Switch and Recloser Market (2018-2024)-6Wresearch here
News-ID: 1160165 • Views: …
More Releases from 6Wresearch- Market Intelligence Solutions

Market Penetration of Smart Ceiling Lights Globally
The global market for ceiling lights has been growing rapidly as consumers demand is high for seek stylish and efficient lighting for homes and commercial settings. Though new technologies in smart lighting are gaining traction, ceiling lights remain favored for their utility, design versatility, and energy-conscious features.
According to 6Wresearch, the Global Ceiling Lights Market is projected to grow at a compound annual growth rate (CAGR) of 4.60% between 2025 and…

Role of Electric Vehicles in Shaping Parking Infrastructure & Advancements in Au …
The car parking market worldwide is growing steadily. This is due to the rising urbanization, increased numbers of vehicles, and the need for efficient space allocation in cities. With expanding urban centers and mounting traffic congestion, demand for smart and systematic parking solutions is rapidly rising. Additionally, governments and private companies have invested in contemporary parking facilities. Moreover, technological advancements are being done to make parking systems more accessible and…

Consumer Behavior and Preferences in Purchasing Car Insurance
The global car insurance market growth has boosted massively, driven by the rising vehicle ownerships and strict government regulations. Additionally, the rising driver's awareness regarding car insurance is another major factor boosting the growth of the market. While rise of digital solutions and new technologies, traditional car insurance remains essential in the auto and financial industries, which offer vital protection and financial security to drivers worldwide.
According to 6Wresearch, the Global…

Regional Analysis of Car Accessories Demand and Innovative Technologies in Car A …
The global car accessories market is experiencing consistent growth, driven by increasing vehicle ownership, rising interest in vehicle customization, and growing awareness around safety and comfort. Consumers around the world are investing more in both aesthetic and functional accessories for their vehicles-ranging from seat covers and infotainment systems to advanced safety tools and exterior enhancements.
According to 6Wresearch, the Global Car Accessories Market is projected to grow at a compound annual…
More Releases for Load
Digital Load Cells Fueling Growth In The Load Monitoring System Market: A Signif …
The Load Monitoring System Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Load Monitoring System Market Size and Projected Growth Rate?
The market size for the load monitoring system has been experiencing continual growth in the past few years. It is projected to…
Hydrotreating Catalysts Market, By Type (Load Type, Non-Load Type),size,Share,Tr …
The hydrotreating catalysts market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 1,700 million by 2028 and grow at a CAGR of 7.0% in the above-mentioned forecast period.
View Detailed Report: https://www.databridgemarketresearch.com/reports/global-hydrotreating-catalysts-market
Hydrotreating catalysts are the compounds which are primarily used in the procedure of refinery feedstock, under which sulfur, nitrogen and other contaminants…
Volumetric Load Scanner Market | AgWeigh, Jörg Elektronik GmbH, LASE, Load Sc …
The global volumetric load scanner market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the volumetric load scanner market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Global Hardware Load Balancers Market, Hardware Load Balancers Market, Hardware …
Global Hardware Load Balancers Market Overview
The Hardware Load Balancers market is a diverse and rapidly evolving industry that encompasses a wide range of products and services. It is characterized by intense competition, changing consumer preferences, and technological advancements that continually drive innovation.
The Hardware Load Balancers market is comprised of several sub-sectors, including but not limited to: electronics, healthcare, automotive, consumer goods, and energy. Each of these sub-sectors has its unique…
Load Testing Service Market Analysis & Forecast 2021 - 2027| QualityLogic, Load …
Complete study of the global Load Testing Service market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Load Testing Service industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers. They…
Covid-19 Impact On Load Monitoring System Market In-Depth Analysis, Technology, …
Load Monitoring System Market study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
Load monitoring is essential for the identification and determination of energy consumption as well as the operation condition of individual electrical appliances. The industry landscape for load monitoring system is…