Rising at 5.0% CAGR, Recloser Market Anticipated to Reach $1.5 billion by 2030

According to a new market research report, The global recloser market is projected to grow from an estimated USD 1.1 billion in 2024 to USD 1.5 billion by 2030, demonstrating a CAGR of 5.0% during this six-year period.

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A recloser can be defined as an automatic circuit interrupting device which is used in medium and low voltage distribution networks for power protection and fault isolation. It is a high-voltage electric switch with the unique characteristic of automatically opening and closing in response to a detected fault on the power line. Reclosers employ sensors to detect various fault conditions on the power line, such as short circuits or overcurrents. Upon detecting a fault, the recloser automatically opens the circuit, isolating the faulted section. Reclosers can be programmed with multiple reclose attempts with pre-defined time intervals. The goal is to clear temporary faults while isolating persistent faults. If the fault is temporary and clears after the reclosing sequence, the recloser automatically restores power to the unaffected sections of the line.

Key players in the recloser market encompass ABB (Switzerland), General Electric (US), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), NOJA Power Switchgear Pty Ltd (Australia), Hubbell (US), S&C Electric company (US), Tavrida Electric (Estonia), and Arteche Group (Spain).

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The recloser market is classified in this research report based on phase, control type, voltage rating, insulation medium, and region.
Based on phase:

Three-phase
Single-phase
Triple Single-phase

Based on control type:

Electronic
Hydraulic

Based on voltage rating:

Up to 15 kV
16-27 kV
28-38 kV

Based on insulation medium:

Oil
Air
Epoxy

Based on regions:

North America
Asia Pacific
South America
Europe
Middle East and Africa

Air segment, by insulation, to be second-largest and second-fastest market.

Air-insulated reclosers (AIR reclosers) are emerging as a promising alternative in the recloser market, driven by a growing focus on environmental sustainability. Air insulated reclosers, as the name suggests, utilize air as the insulating medium, eliminating the environmental concerns associated with mineral oil used in traditional oil-insulated reclosers (OIL reclosers) or SF6 gas employed in some switchgear alternatives.

North America to emerge as the second-largest recloser market.

The North American recloser market is experiencing a surge, driven by several key factors. A significant portion of North America's power grid infrastructure is aging and requires upgrades to ensure reliability and prevent outages. Utilities across North America are actively investing in grid modernization initiatives to improve efficiency, reliability, and integrate renewable energy sources. Consumers and businesses are increasingly reliant on a consistent and reliable power supply.

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Recent Developments

In November 2023, ABB invested in opening a new multipurpose building, which will incorporate sustainable features such as recycled concrete and energy-efficient systems.
In August 2023, Eaton partnered with AMP Energy, a clean energy developer, to provide the Xeni Gwet'in First Nation with a modernized power distribution system. The partnership aims at addressing challenges related to grid access in Xeni Gwet'in First Nation.
In February 2023, Enedis and Schneider Electric launched a project around a new generation of MV/LV substation equipment as an alternative to the use of SF6 (sulfur hexafluoride) gas. This gas, used in MV electrical equipment for its high insulating and dielectric properties, is extremely useful for medium- and high-voltage electrical distribution.

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