Recloser Control Market Size, Share, Industry, Forecast and outlook (2023-2030)

Global Recloser Control Market is segmented By Type (Hydraulic Control, Electric Control), By Phase Type (Three-Phase, Single-Phase, and Triple-Single Phase), By Voltage Ratings (Up to 15 Kv, 16 kV–25 kV, and 26 kV–38 kV), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Recloser Control Market Overview

[150 Pages Report] The Global Recloser Control Market is expected to grow at a high CAGR during the forecasting period (2023-2030). Recloser Control units are designed for overhead distribution lines as well as distribution substation applications for all voltage classes up to 15kV, 27kV, and 38kV. The market is growing due to several factors such as increasing power transmission & distribution networks, and increasing power generation using renewable resources. To improve the quality and reliability of power, distribution automation is increasing which is creating more opportunities, hence investments in smart grid and other technology are rising. However, the high costs of recloser controls and increasing competition from the unorganized sector are restraining the growth of the market.

Recloser Control Market Scope and Summary

Recloser Control Market Dynamics and Trends

• Growing Transmission & Distribution Network is accelerating the growth of the Recloser Control market. The graph shows the market size of transmission and distribution (T&D) equipment across India. In 2015, the T&D equipment market size was approx. 15.1 billion U.S. dollars, increasing from approx. 12.7 billion dollars in 2013.

Recloser Control Market Segmentation Analysis

• The global Recloser Control market is segmented by Type into Hydraulic Control and Electric Control. The electric recloser control segment accounted for the largest market share of the global Recloser Control market due to its greater flexibility, ease of customizing and programming, advanced protection, metering, and automation functionality.

Recloser Control Market Geographical Share

• By Phase, the market is segmented into Single-Phase, Three-Phase, and Triple-Single phases. The three-phase recloser control segment is the highest-growing segment during the forecast period due to increasing 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. Recloser controls having a voltage rating of up to 15 kV have the most significant market share due to their wide range of residential applications of the distribution network. Also, 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 recloser control 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.

Recloser Control Companies and Competitive Analysis

The major players in the Recloser Control market are ABB, Eaton, Siemens, NOJA Power, and Schneider Electric.

Some recent development in the global Recloser Control market:

• 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 include ABB, Eaton, Siemens, NOJA Power, Schneider Electric, Hubbell, G&W, Entec, GE, and Beckwith Electric.