Press release
Recloser Market Demand 2019: Industry Analysis by Top Players, Opportunities, Key Regions, Type, Technology and Global Forecast to 2025
Increased applicability of single phase reclosers in lines such as taps or branches of three-phase feeder is driving recloser industry growth. Quick and easy installation, improved mechanical protection and space savings are few of the key features that have complemented market expansion. According to Global Market Insights Inc., the single phase recloser market was valued over USD 750 million in 2018. Expansion of communication & data centers, offices, public apartments and educational premises are anticipated to positively influence industry landscape over the upcoming years.
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Increasing focus on minimizing prolonged outages on power distribution networks caused by temporary faults or transient overcurrent conditions could boost U.S. recloser market share. Efforts to upgrade the power distribution capacity in a bid to meet surging energy demand could accelerate industry expansion. Furthermore, shifting inclination toward the establishment of efficient electric systems that can quickly resume electricity service following temporary faults are estimated to complement the U.S. recloser industry scenario over the forecast period.
Market by Growth drivers,
• North America
o Refurbishment of existing grid networks
o Rising electric infrastructure spending
• Europe
o Rapid smart grid adoption
o Asia Pacific & MEA
o Increasing demand for electricity
o Rising need for efficient power distribution network
• Latin America
o Increasing demand for sustainable electrical networks
Increasing investments towards expansion of existing power distribution networks coupled with enhanced focus on deploying advanced instrumentation & digital technology is expected to drive recloser industry size. Allocation of funds by regulatory authorities to modify outdated grids could boost industry landscape.
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Europe is touted to emerge as one of the foremost regional grounds for recloser market. In fact, Europe recloser market is expected to rise at a steady pace over the upcoming years. Rising power consumption trends coupled with increasing automation in the industrial sector is estimated to record significant growth prospects in the regional industry landscape. Additionally, growing demand for reliable and secure electricity distribution systems along with significant rise in investments toward deployment of smart power distribution infrastructures is projected to boost Europe recloser market outlook.
Partial Table of Contents (ToC) of the report:
Chapter 4 Recloser Market, By Phase
4.1 Recloser market share by phase, 2018 & 2025
4.2 Single phase
4.2.1 Global market from single phase, 2014 – 2025
4.2.2 Global market from single phase, by region, 2014 - 2025
4.3 Three phase
4.3.1 Global market from three phase, 2014 – 2025
4.3.2 Global market from three phase, by region, 2014 - 2025
Chapter 5 Recloser Market, By Control
5.1 Recloser market share by control, 2018 & 2025
5.2 Electronic
5.2.1 Global market from electronic, 2014 – 2025
5.2.2 Global market from electronic, by region, 2014 - 2025
5.3 Hydraulic
5.3.1 Global market from hydraulic, 2014 – 2025
5.3.2 Global market from hydraulic, by region, 2014 - 2025
Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/recloser-market
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: mailto:sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Reclosers refer to circuit breakers, which are mounted on long distribution feeders. The capability of circuit breakers to isolate or cut-off a part of the entire line in case of failures and overloads is likely propel global recloser market over the tenure of assessment. Reclosers come with the ability to restore power automatically and quickly in situations of faults or power disruptions.
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