Global Recloser Control Market Growth 2023-2029

Global Recloser Control Market Growth 2023-2029

Product Code:461667

Published Date: Feb 08,2023

Pages: 105

Region: Global

Category: Energy & Power

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There are two basic types of recloser control schemes: an integral hydraulic control or an electronic control located in a separate cabinet. Hydraulic recloser control is used in most single-phase reclosers and in three-phase recloser types 6H and V6H and is built as an integral part of the recloser. Electronic recloser controls are used in most three-phase reclosers and in the single-phase recloser types VXE, NOVA STS, and NOVA¹. Compared with the hydraulic control, electronic controls are more flexible, more easily customized and programmed, and many have advanced protection, metering, and automation functionality.

LPI (LP Information)' newest research report, the “Recloser Control Industry Forecast” looks at past sales and reviews total world Recloser Control sales in 2022, providing a comprehensive analysis by region and market sector of projected Recloser Control sales for 2023 through 2029. With Recloser Control sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recloser Control industry.

This Insight Report provides a comprehensive analysis of the global Recloser Control landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Recloser Control portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Recloser Control market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recloser Control and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Recloser Control.

The global Recloser Control market size is projected to grow from US$ 1396.4 million in 2022 to US$ 2017 million in 2029; it is expected to grow at a CAGR of 2017 from 2023 to 2029.

The two main types of Recloser Control are Hydraulic Control and Electronic Control, which accounted for about 56% and 44% of market share in 2019, respectively.

Europe had the largest market share in 2019 which accounted for over 28%, while United States and China held a market share of about 20% and 19%, by which these two regions take important roles that cannot be ignored.

Some of key players in the global recloser control market are worldwide well-known companies, such as Eaton, Schneider Electric, ABB, GE and Siemens etc. In 2019, the top 5 manufactures of recloser control occupied almost 60% of market share in total.

This report presents a comprehensive overview, market shares, and growth opportunities of Recloser Control market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Hydraulic Control
    Electronic Control

Segmentation by application
    Substation
    Power Distribution System
    Line Interface

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Eaton
    Schneider Electric
    ABB
    GE
    Siemens
    Schweitzer Engineering Laboratories
    Noja Power
    Entec
    Tavrida Electric
    G&W

Key Questions Addressed in this Report
What is the 10-year outlook for the global Recloser Control market?
What factors are driving Recloser Control market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Recloser Control market opportunities vary by end market size?
How does Recloser Control break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?