Recloser Market, By Phase Type (Single, Triple-Single, and Three), By Voltage Rating (28-38 kV, 16-27kV, Up to15 kV), By Insulation Medium (Epoxy, Air, and Oil), By Control Type (Hydraulic, and Electronic) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI516823 | Publish Date: March 2024 | No. of Pages: 160

Recloser Market Overview

Recloser Market was valued at US$ 1.5 Billion in 2024 and is projected to grow at a CAGR of 5.20% to reach US$ 2.4 Billion by 2034.

[PDF] A recloser, short for "reclosing circuit breaker," is a specialized electrical device used in power distribution systems to automatically interrupt and restore electrical flow in the event of a fault or a temporary disturbance. They are commonly used in overhead distribution systems, such as those found in residential neighborhoods, commercial areas, and industrial facilities.

Recloser Market Dynamics

Reduction in Outage Duration

The reduction in outage duration is one of the significant advantages and goals of the recloser market. Reclosers play a pivotal role in minimizing the duration of power outages by quickly identifying and resolving faults in electrical distribution systems. Reclosers are equipped with sensors and protective relays that continuously monitor the electrical circuit for faults, such as short circuits or overloads. When a fault is detected, the recloser's control system responds rapidly.  

Restrains:

Reclosers require regular maintenance to ensure their proper functioning. Maintenance costs can add up over time, and utilities may need to invest in training and resources to maintain a fleet of reclosers. Maintenance of reclosers often requires a skilled workforce with expertise in electrical systems and recloser technology. Hiring and training qualified personnel can be costly for utilities and organizations.  

Access Crucial Insights at a Fraction of the Cost | Request Your Discount

Recloser Market Segmentation

Recloser Market Segmentation:

Recloser Market is segmented based on Phase Type, Voltage Rating, Insulation Medium, Control Type and Region.

Phase Type Insight

On the basis of Phase Type, Recloser Market is segmented into Single, Triple-Single, and Three.  

Voltage Rating Insights

On the basis of Voltage Rating, Recloser Market is segmented into 28-38 kV, 16-27kV, Up to15 kV.

Insulation Medium Insights

On the basis of Insulation Medium, Recloser Market is segmented into Epoxy, Air, and Oil.

Control Type Insights

On the basis of Control Type, Recloser Market is segmented into Hydraulic, and Electronic.

Recloser Market Regional Insights:

On region the Recloser Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. The United States and Canada have well-established electrical grids with a significant focus on grid reliability and modernization. Investments in smart grid technologies, grid automation, and distributed energy resources drive the demand for advanced recloser solutions.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. Rapid urbanization and industrialization in countries like China and India are leading to significant investments in grid infrastructure. These regions are increasingly adopting reclosers to enhance grid reliability and reduce downtime, especially in densely populated urban areas.

Reduce costs by up to 30% with a custom report tailored to your specific needs | Request Customized Report

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Phase Type - Single, Triple-Single, and Three

By Voltage Rating - 28-38 kV, 16-27kV, Up to15 kV

By Insulation Medium - Epoxy, Air, and Oil

By Control Type - Hydraulic, and Electronic

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Few Other Promising Reports:

Recloser Market Key Players

Recloser Market Key Players:

The key players operating the Recloser Market includes, Solomon Corporation, Tavrida Electric Global, BRUSH Group, Hughes Power System, NOJA Power, GE, G&W Electric Co., S&C Electric Company, Siemens, and Eaton.

Recent Development:

The New Launched Product News,

  • In January 2020, Siemens introduced new compact modular recloser. To replace single-phase, oil-filled reclosers, the new Siemens Compact Modular Recloser (CMR) offers cost-effectiveness and lower maintenance requirements. Every five to seven years, traditional oil-filled reclosers need repair. In contrast, the Siemens CMR has a 25-year pole-top life that requires no maintenance except from the occasional replacement of inexpensive rechargeable batteries.

Recloser Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Phase Type
      • Market Snippet, By Voltage Rating
      • Market Snippet, By Insulation Medium
      • Market Snippet, By Control Type
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Recloser Market, By Phase Type, Forecast Period up to 10 Years, (US$ Bn)

 

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Single
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Triple-Single
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Three
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

  1. Recloser Market, By Voltage Rating, Forecast Period up to 10 Years, (US$ Bn)

 

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • 28-38 kV
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • 16-27kV
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Up to15 kV
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Recloser Market, By Insulation Medium, Forecast Period up to 10 Years, (US$ Bn)

 

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Epoxy
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Air
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Oil
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Recloser Market, By Control Type, Forecast Period up to 10 Years, (US$ Bn)

 

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hydraulic
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Electronic
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

  1. Recloser Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Phase Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Voltage Rating, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Insulation Medium, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Control Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Phase Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Voltage Rating, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Insulation Medium, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Control Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Phase Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Voltage Rating, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Insulation Medium, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Control Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Phase Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Voltage Rating, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Insulation Medium, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Control Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years

 

  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Phase Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Voltage Rating, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Insulation Medium, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Control Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years

 

  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles

 

  • Solomon Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Tavrida Electric Global
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • BRUSH Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hughes Power System
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • NOJA Power
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • GE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • G&W Electric Co.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • S&C Electric Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Siemens
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Eaton
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

 

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The Recloser Market is segmented into Phase Type, Voltage Rating, Insulation, Control Type and Region.

Recloser Market is driven by factors like reduction in outage duration.

The key players operating the Recloser Market includes, Solomon Corporation, Tavrida Electric Global, BRUSH Group, Hughes Power System, NOJA Power, GE, G&W Electric Co., S&C Electric Company, Siemens, and Eaton.

Recloser Market accounted for US$ 1.4 billion in 2022 and is estimated to be US$ 2.4 billion by 2032 and is anticipated to register a CAGR of 5.6%.