Closing in on Power Outages: Exploring the Latest Recloser Market Trends
The increase in energy consumption and the growth in renewable power generation lead to the rising demand for recloser. As global renewable power capacity increases each year, the demand for power distribution, generation, and transmission grows exponentially in every industry. A recloser is mainly designed for use in overhead distribution lines, distribution substation applications, and smart grid...
Recloser Market Size to Reach $1.3 billion by 2027
According to a research report “Recloser Market by Phase Type (Three Phase, Single Phase, and Triple-single Phase), Control Type (Electronic and Hydraulic), Voltage Rating (Up to 15 kV, 16-27 kV, and 28-38 kV), Insulation Medium (Oil, Air, and Epoxy) and Region – Global Forecast to 2027″ The global recloser market is expected to reach USD 1.3 billion by 2027 from an estimated...
Recloser Market – Rising Investments in Renewables and Distribution Infrastructure are Driving Market
The global recloser market (including sectionalizer) is projected to reach USD 2,461 million by 2025 from an estimated market size of USD 1,943 million in 2020, at a CAGR of 4.8% during the forecast period. The factors driving the market include increasing demand of power, expansion of transmission and distribution (T&D) networks. Additionally increasing investments in renewable energy sector...
Recloser Market Forecast 2017-2022 | Leading Players are Eaton, Schneider, Tavrida, Siemens, NOJA Power
The global recloser market (including the sectionalizer market) is projected to reach USD 2.71 billion by 2022, growing at a CAGR of 4.88% from 2017 to 2022. Recloser market growth is primarily driven by the increasing investment in smart grid techniques, increasing competition from the unorganized sector, availability of cheaper alternatives of recloser and sectionalizer such as pole vacuum breakers,...