The Global Hydraulic Recloser Controller Market is expected to grow at a CAGR during the forecasting period (2022-2029).
Hydraulic control is an integral part of single-phase reclosers. With this type of control, an overcurrent is sensed by a trip coil that is connected in series with the line.
Minimum trip current for this type of recloser is two times the rating of the recloser. Hydraulically controlled reclosers provide reliable, self-contained distribution-circuit overcurrent protection at low initial cost and require minimal service.
Growing Transmission & Distribution Network, increasing power generation using renewable resources are also contributing to the growth of the market. However, the high costs of Hydraulic Recloser Controllers are restraining the growth of the market.
By Phase, the market is segmented into Single-Phase, Three-Phase, and Triple-Single Phase. The Three-phase Hydraulic 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.
Based on Voltage Ratings, the marker is segmented into Up to 15 kV, 16kV-25kV, and 26kV-38kV. Hydraulic Recloser Controllers having a voltage rating of up to 15 kV have largest market share due to its wide range residential applications of the distribution network.
In addition, growing residential and commercial buildings and urbanization are boosting the growth of the market.
Geographically, the market is segmented into North America, Europe, South America, Asia-Pacific, and RoW. The Asia Pacific is dominating the global Hydraulic Recloser Controller market during the forecast period due to the new installation of distribution lines, increasing investments in smart grid technologies, and growing demand for Hydraulic energy due to rising industrialization and urbanization.
The major players in the power system simulator market are ABB, Eaton, Siemens, NOJA Power, and Schneider Electric.
In Jan 2018, S&C launched a new addition of external trip feature IntelliRupter® PulseCloser® Fault Interrupter. This new feature enables utilities to use S&Cs PulseClosing® Technology instead of traditional reclosers in substations to protect expensive power transformers.
A new product model by S&C launched that combines advanced communications capabilities with cut-out mounted recloser that allows customers to apply the TripSaver II recloser in new applications that reduce outages on lateral lines
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.
Scope of the Report
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