Electrical Recloser Controller Market

SKU: DMEP288 | Last Updated On: Jan 10 2023 | Available Formats

> Global Electrical Recloser Controller Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Electrical Recloser Controller Market is segmented By Phase (Single Phase, Three Phase, Triple Single Phase), By Voltage Ratings (Upto 15 kV, 16kV-25kV, 26kV-38kV), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share Outlook, and Opportunity Analysis, 2022-2029

The Global Electrical Recloser Controller Market is expected to grow at a high CAGR during the forecasting period (2022-2029).

Electrical Recloser Controller Market Scope and Summary

Metrics

Details

Market CAGR

High

Segments Covered

By Phase, By Voltage Ratings, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Electrical Recloser Controller Market Drivers and Restraints

  • The Electrical Recloser Controllers have several features such as greater flexibility, ease of customizing and programming, advanced protection, metering, and automation functionality that are leading the growth of the market.

  • Growing Transmission & Distribution networks and increasing power generation using renewable resources are also contributing to the growth of the market. However, the high cost of Electrical Recloser Controllers is restraining the growth of the market.

Electrical Recloser Controller Market Segmentation Analysis

  • Based on Voltage Ratings, the marker is segmented into Up to 15 kV, 16kV-25kV, and 26kV-38kV. Electrical Recloser Controllers having a voltage rating of up to 15 kV have the largest market share due to their wide range of residential applications of the distribution network. In addition, growing residential and commercial buildings and urbanization are boosting the growth of the market.

  • By Phase, the market is segmented into Single-Phase, Three-Phase, and Triple-Single phases. The three-phase Electrical Recloser Controller segment is the highest growing segment during the forecast period due to growing demand for smart grid technology, increasing industrialization, and improving existing infrastructure.

  • Geographically, the market is segmented into North America, Europe, South America, Asia-Pacific, and RoW. The Asia-Pacific is dominating the global Electrical Recloser Controller market during the forecast period due to new installations of distribution lines, increasing investments in smart grid technologies, and growing demand for electrical energy due to rising industrialization and urbanization.

Electrical Recloser Controller Market Companies and Competitive Landscape

  • In 2015, the operating expenses associated with the transmission and distribution services from electric utilities spent was approx. 9.6 billion USD on transmission and about 4.4 billion USD on distribution.

  • The major players in the power system simulator market are ABB, Eaton, Siemens, NOJA Power, and Schneider Electric.

Some recent developments

  • In Jan 2018, Eaton, introduced a Power series NOVA NX-T reclosers to help utilities support a smarter, more reliable grid to improve accuracy and distribution system reliability critical to smart grid applications.

  • In Dec 2017, FirstEnergy Corp.’s Ohio utilities filed a plan at the Public Utilities Commission of Ohio (PUCO) to reduce the frequency and duration of power outages by modernizing the distribution system.

  • The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

  • The report profiles the following companies, which includes ABB, Eaton, Siemens, NOJA Power, Schneider Electric, Hubbell, G&W, Entec, GE, and Beckwith Electric.

 

Frequently Asked Questions

What is the Electrical Recloser Controller Market growth?

The market is growing at a high CAGR.

What is the Electrical Recloser Controller Market size in 2021?

The Market size was valued at USD YY million in 2021.

Who are the key players in Electrical Recloser Controller Market?

Major Players are ABB, Eaton, Siemens, NOJA Power, Schneider Electric, Hubbell, G&W, Entec, GE, and Beckwith Electric.

 

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