Recloser Market Analysis, Share, Demand, Growth, Trends, Top Key Players ABB Limited, Eaton Corporation Schneider Electric, Siemens

The report presenting a comprehensive exploration of the global recloser market encloses the rate of growth of the market over the projected duration. Providing a concise synopsis, the report determines the valuation and size of the recloser industry in the near future. It also includes the major contributing factors to the growth of the global recloser market as well as the dominating players in the market coupled with their market share.

Quick and easy installation coupled with improved mechanical protection and space savings are few of the key features that will augment the single phase recloser market. These reclosers find applicability in protection of single-phase lines including taps of a three-phase branches or feeder. In addition, expansion of communication & data centers, offices, public apartments, educational premises, will positively influence industry landscape.

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Increasing demand to minimize prolonged outages on electricity distribution networks owing to temporary faults or transient overcurrent conditions coupled with the efforts to upgrade the power distribution capacity to meet the growing energy demand will boost recloser industry across the U.S. Furthermore, shifting inclination toward the establishment of efficient electric systems which are capable of resuming electricity service immediately after temporary faults will complement the industry scenario.

Recloser Market is anticipated to exceed USD 2 Billion by 2025. The recloser market in the present regime has attained significance on the account of the economic growth, rapid urbanization, along with enhanced efforts to establish efficient electricity distribution network. Moreover, considerable fund allocation by regulators to meet the rising demand for grid automation in line with the growing adoption of smart grid will propel the industry scenario.

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IEA has informed that approximately 65 million people across ASEAN countries live without electricity. The drive to establish a competent power infrastructure for this demographic would be propelling demands for APAC recloser market. Meanwhile, India would be emerging as a promising revenue source in the coming years, since the country still had more than 31 million homes that lack access to electricity as of 2018. Ongoing government efforts to bring these homes into the fold would be another growth factor propelling APAC recloser market size over the projected period.

Partial Table of Contents (ToC) of the report:
Chapter 4 Recloser Market, By Phase
4.1 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 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

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According to the Indian Brand Equity Foundation, the Indian Government has also drawn a roadmap to attain a 175 GW power capacity from renewable energy by 2022. Integrating the mammoth 175 GW capacity with the nation’s power grid would call for significant alterations to the network, creating more opportunities for the APAC recloser industry to ensure the long-term trustworthiness of the infrastructure.

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