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Author: Vikas Kumar
January 12, 2023
The Recloser Market is expected to grow at a CAGR of 5.8% from 2022-2028. Reclosers, also known as auto reclosers or ACRs (Automatic Circuit Reclosers) have been widely used in transmission and distribution systems. The purpose of reclosers is mainly to increase system reliability by isolating only the faulted part of the power system. Unlike fuses, reclosers can automatically re-energize the line following a trip operation. The automatic reclose operation can be single or multiple shots.
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Based on the phase, the recloser market is segmented into single, three, and triple. The single-phase recloser segment caters substantial share of the market. Single-phase reclosers are used to protect single-phase lines such as branches or taps of a three-phase feeder. They can also be used on three-phase circuits where the load is predominantly single-phase. Moreover, Due to the lighter weight of the single-phase recloser compared to larger three-phase reclosers, single-phase reclosers are typically mounted directly to the pole or substation steel structure individually by the built-in mounting hanger bracket which eliminates the need for an additional mounting frame.
Based on control, the recloser market is bifurcated into electric, hydraulic, and microprocessor-base. The electric recloser segment caters considerable share of the market. Increasing acceptance of electric reclosers in the transmission and distribution sector in the power industry is anticipating its market share. In addition, electric reclosers offer high feasibility, reliability, and accuracy in operation. Also, electric reclosers can be easily customized for advanced automation functions which in turn is escalating its market growth.
Based on voltage, the recloser market is classified into high, medium, and low. The high voltage segment acquired a substantial share in the recloser market and is expected to grow at an influential rate in the forecasted period. It is mainly owing to the rising demand for electricity with a surge in urbanization and growing investment in smart grid projects, and renewable energy driving the demand for high voltage reclosers.
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For a better understanding of the market adoption of the Recloser industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), of World. Asia Pacific is anticipated to grow at a substantial CAGR during the forecast period. This is mainly attributed to the rising population in countries such as China, and India in the region that are driving the demand for electricity. Also, rising industrial and commercial sectors and the increasing investments in smart grid infrastructure in China, India, South Korea, and Australia are rising the market of reclosers.
Some of the major players operating in the market ABB Ltd., Eaton, Siemens, G&W, General Electrics, Schnieder, Noja Power, Stelmec, Arteche, Entec Electric, and electronic.
Global Recloser Market Segmentation
Market Insight, by Phase
• Single
• Three• Triple
Market Insight, by Control
Market Insight, by Voltage
Market Insight, by Insulation
Market Insight, by Region
Top Company Profiles
• ABB Ltd.
• Eaton• Siemens• G&W• General Electrics• Schnieder• Noja Power• Stelmec• Arteche• Entec Electric and electronic
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