What are the growth drivers of Recloser Market? ABB Limited, Eaton Corporation, Schneider Electric, Siemens, NOJA Power Switchgear Pty Ltd., Tavrida Electric, Hubbell Incorporated, HUGHES POWER SYSTEM, S&C Electric Company, G&W Electric

The Recloser Market research report added by DEC Research provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.

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A recloser can be thought of as a high-voltage, automatic electric switch and similar to circuit breakers installed on household power lines, a recloser shuts off electricity when problems like short circuit occur. However, unlike household circuit breakers, which need to be manually reset after they trip, a recloser tests the power line automatically to determine whether the issue has been eliminated. If the problem has passed, a recloser resets itself automatically and restores electric current. As utilities and industries become more aware about the advantages of this product, recloser market size will register a steady growth in the forecast timespan.

Reclosers have been around for several decades and have been a norm for almost all electric utilities, but the product is gaining considerable momentum today primarily on the backs of modern-day reclosing systems. Modern reclosers boast of open times that are as low as 100 milliseconds, which enable power quality devices like clocks and microwaves to not be affected by issues such as momentaries, sags and feeder interruptions.

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Leading Key Players in Recloser Market are:
o ABB Limited
o Eaton Corporation
o Schneider Electric
o Siemens
o NOJA Power Switchgear Pty Ltd.
o Tavrida Electric
o Hubbell Incorporated
o HUGHES POWER SYSTEM
o S&C Electric Company
o G&W Electric
o ENTEC ELECTRIC & ELECTRONIC
o Arteche
o Shinsung Industrial Electric Co. Ltd.
o ENSTO GROUP

With an average household containing several power quality devices that are prone to damage due to system failure or power fluctuations, every electric utility problem remains the same, which is to increase the reliability quotient of their services at lowest-possible costs. Recloser market trends would be effectively influenced by these requirements to cut down losses due to power failures. According to the International Energy Agency, in 2018 the world's energy consumption surged by approximately twice the average growth rate since 2010, indicating the need for reliable energy control equipment.

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.

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.

Table Of Content:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates & forecast parameters
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Recloser industry 3600 synopsis, 2014 - 2025
2.1.1 Business trends
2.1.2 Phase trends
2.1.3 Control trends
2.1.4 Interruption trends
2.1.5 Voltage rating trends
2.1.6 Regional trends

Read More About Recloser Market : https://www.globenewswire.com/news-release/2019/06/18/1870075/0/en/Worldwide-Recloser-Market-value-to-hit-2-billion-by-2025-Global-Market-Insights-Inc.html

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