Recloser Market 2020 Global COVID-19 Impact, Trend, Segmentation and Opportunities, Forecast To 2027

Recloser Market:

WiseGuyReports.com adds “Global Recloser Market Research Report 2020 Analysis and Forecast 2027” reports to its database.

Executive Summary

Reclosers are high-voltage, automated electric switches, which can detect the trouble in the electric line, automatically and remove the fault in the electric line. It resets the temporary problem and restores the electric power. After three times of trouble re-occurrence the recloser shuts off the power to prevent the line from any accident. The global Recloser market is facing challenges due to the coronavirus pandemic as employees are asked to work from home and manufacturing sectors are temporary shutdown. So various companies have restricted their manufacturing and supply operations which halt the demand of recloser. The increasing demand of power, expansion of transmission and distribution (T&D) networks and rising investments in renewable energy sector and smart grid projects are the few factors responsible for growth of the market over the forecast period. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 11th March 2019, Siemens AG launched new siemens compact modular recloser (CMR), which reduced maintenance alternative to single phase, oil-filled recloser. It is a cost effective, lightweight, configurable, and compliant to IEEE C37.60, also integrates the switch unit, control, and voltage power source into a single-insulated epoxy housing, for greater reliability and ease of installation. However, power industry has the old infrastructure and scarcity of distribution network across the world is the major factor restraining the growth of global Recloser market during the forecast period.

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The regional analysis of global Recloser market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the increasing demand for grid reliability and smarter power networks. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
ABB
Eaton Corporation Inc
Schneider Electric
Siemens AG
Hubbell Incorporated
S & C Electric Company
Tavrida Electric
Entec Electric & Electronic Co., Ltd.
G&W Electric Company
Noja Power

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

by Phase Recloser Type:
Single Phase
Three Phase

By Voltage Level Type:
High Voltage
Medium Voltage
Low Voltage

By Control Type:
Electric
Hydraulic
Microprocessor Based

By Insulation Type:
Oil-Insulated
Gas-Insulated
Epoxy-Insulated

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Recloser Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Continuous…

For further information on this report, visit – https://www.wiseguyreports.com/reports/5633370-global-recloser-market-size-study-with-covid-19

NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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This release was published on openPR.