The power industry is facing high demand from the developing nations like China and India. Besides, there is huge demand for reliable power infrastructure in the distribution sector. Typical circuit breakers were not able to cope up with the load fluctuations and long power cuts due to circuit breaks. This has driven the market for reclosers as they are capable of handling load imbalances and automatic resetting of power.
The Recloser market is
expected to expand at 6% CAGR during the period 2018 to 2023. Recloser
technology is capable of replacing the obsolete circuit breakers by innovated
automated circuit breaks that detect and solve the fault and presume the
electricity supply.
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The recloser circuits are
expected to grow by the fact that it is capable of cutting the maintenance
costs of the existing circuits and implementing internet of things in the power
distribution sector. The global power distribution electronic equipment
industry is investing in R&D for better recloser type that can handle
faults at high voltage levels. The recloser market by voltage level is
classified as High voltage levels, Medium voltage levels and Low voltage
levels. By deploying the high voltage reclosers, the disturbance caused at the
level of 38 kV can also be handled automatically and this will replace the
human resource.
Leading Players:
The key players of global
Recloser Market are ABB (Switzerland), Eaton (Ireland), Siemens (Germany),
G&W (China), General Electrics (U.S.), Schnieder (France), Noja Power
(U.S), Stelmec (India), Arteche (Spain), Entec Electric and electronic (Korea),
Solomon Corp. (U.S), Hughes Power System (Sweden) and Ergon Energy (Australia)
among others.
Recloser
Market Segmentation:
Global
recloser market has been
segmented based on phase recloser type, insulation type, voltage rating type,
control type, and by region.
By Phase Recloser Type
- Single phase recloser
- Three phase recloser
- Triple single recloser
By Voltage rating Type
- High
- Medium
- Low
By Control type
- Electrical control
- Hydraulic control
- Microprocessor based control
By Insulation type
- Oil insulator
- Gas insulator
- Epoxy insulator
By Regions
- North America
- Asia Pacific
- Middle East and Africa
- Europe
- Rest of the World
Scope of the Report
This report provides an
in-depth analysis of the global recloser market, tracking four market segments
across four geographic regions. The report studies key players, providing a
five-year annual trend analysis that highlights market size, and share for
North America, Europe, Asia Pacific (APAC), Middle East, Africa and Rest of the
World (ROW). The report also provides a forecast, focusing on the market
opportunities for the next five years for each region. The scope of the study
segments the Recloser market by its Phase Recloser type, control type,
insulation type, voltage rating type and by region.
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