HOME Top Market Reports Recloser Market by Voltage Rating (Up to 15 kV, 16 kV – 27kV, Above 27kV), by Phase Type (Three Phase, Single Phase, Triple- Single Phase), by Control (Electric, Hydraulic)), & by Region - Forecast to 2021

Recloser Market by Voltage Rating (Up to 15 kV, 16 kV – 27kV, Above 27kV), by Phase Type (Three Phase, Single Phase, Triple- Single Phase), by Control (Electric, Hydraulic)), & by Region - Forecast to 2021

By: marketsandmarkets.com
Publishing Date: July 2016
Report Code: EP 3580

 

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The global recloser market is estimated to hold a size of USD 853.1 Million in 2016, and is expected to grow at a CAGR of 3.90% from 2016 to 2021.

Objectives of the Report:-

  • To define, describe, and forecast the global recloser market on the basis of phase type, control, voltage rating, and region
  • To provide a detailed information regarding the major factors influencing the growth of the market such as drivers, restraints, opportunities, industry-specific challenges, winning imperatives, and burning issues of the recloser market
  • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
  • To analyze market opportunities for stakeholders and details of a competitive landscape for the market leaders
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as new agreements, mergers & acquisitions, and expansions in the recloser market

The years considered for the study are:

  • Base Year – 2015
  • Estimated Year – 2016
  • Projected Year – 2021
  • Forecast Period – 2016 to 2021

For company profiles in the report, 2015 has been considered as the base year. Where information is unavailable for the base year, the prior year has been considered.

Research Methodology

This research study involves extensive usage of secondary sources, directories, and databases to identify and collect information useful for this technical, market-oriented, and commercial study of reclosers. The below mentioned points explain the research methodology applied for making the report.

  • Analysis of all the operational and upcoming projects across the globe
  • Analysis of country-wise rate of electrification for the past 3 years
  • Analysis of grid upgrade and integration across various regions
  • Estimation of installation cost of reclosers in various regions using the cost variance models
  • Estimation of the total market size of recloser using market engineering process
  • Analyzing market trends in various regions/countries supported by the on-going T&D infrastructure spending in respective regions/countries
  • Overall market size has been finalized by triangulation with the supply-side data, which include product developments, supply chain, and annual sale of reclosers worldwide

After arriving at the overall market size, the total market has been split into several segments and subsegments. The figure given below shows the breakdown of the primaries on the basis of company type, designation, and region conducted during the research study.

Reclosers Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem:

The ecosystem of the recloser market is often divided into in-house and outsourced tasks. In-house activities mainly focus on critical aspects and components of a product, while the required auxiliary parts are often outsourced. Basic components of reclosers are manufactured in this stage, including contacts and the tripping mechanism. Furthermore, these components are assembled with the required specification in the assembly stage. All parts are configured before the final packaging of the product. The product then comes into the market through the process of distribution, marketing, and sales.

Reclosers Market

The original equipment manufacturers of reclosers include ABB Ltd. (Switzerland), Eaton Corporation (Ireland), GE (U.S.), Schneider Electric SE (France), and Mitsubishi Electric Corporation (Japan), among others. The end-users, on the other hand, include United States National Grid (USNG) (U.S.), State Grid Corporation of China (SGCC) (China), Power Grid Corporation of India Ltd. (PGCIL) (India), Brazilian Electricity Regulatory Agency (ANEEL) (Brazil), and Tenaga Nasional Berhad (TNB) (Malaysia) among others.

Target Audience:

  • Recloser manufacturers, dealers, and suppliers
  • Transmission and distribution utilities
  • State and national regulatory authorities
  • Power generation plants
  • Consulting companies and associations in the energy and power sector
  • Government and research organizations

 “Study answers several questions for the stakeholders, primarily which market segments to focus in next 2 to 5 years for prioritizing efforts and investments”.

Scope of the report:

  • By Voltage
    • Up to 15 kV
    • 16 kV–27 kV
    • Above 27 kV
  • By Control
    • Electric Recloser
    • Hydraulic Recloser
  • By Phase Type
    • Single Phase
    • Three Phase
    • Triple–Single Phase
  • By Region
    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East
    • Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product Matrix, which gives a detailed comparison of product portfolio of each company

Regional Analysis

  • Further breakdown of the Rest of Asia-Pacific recloser market into South Korea, Malaysia, and Indonesia, among others
  • Further breakdown of the Middle East & Africa recloser market into Iran, Iraq, Qatar, Nigeria, and Algeria, among others

Company Information

  • Detailed analysis and profiling of additional market players (Up to 5)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 17)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Key Data From Primary Sources
           2.3.2 Key Industry Insights
    2.4 Breakdown of Primaries
    2.5 Market Size Estimation
           2.5.1 Bottom-Up Approach
           2.5.2 Top-Down Approach
    2.6 Market Breakdown & Data Triangulation
    2.7 Research Assumptions & Limitations
           2.7.1 Assumptions
           2.7.2 Limitations

3 Executive Summary (Page No. - 28)
    3.1 Introduction
    3.2 Current Scenario
    3.3 Future Outlook
    3.4 Conclusion

4 Premium Insights (Page No. - 33)
    4.1 Attractive Market Opportunities in the Recloser Market
    4.2 Asia-Pacific: Potential Market to Invest During the Forecast Period
    4.3 The Americas Dominated the Recloser Market in 2015
    4.4 Three Phase Recloser Segment is Expected to Dominate the Market During the Forecast Period
    4.5 Increase in Demand for Electric Reclosers
    4.6 Life Cycle Analysis, By Region

5 Technical Overview (Page No. - 39)
    5.1 Introduction
    5.2 General Classification
           5.2.1 Control
                    5.2.1.1 Electric
                    5.2.1.2 Hydraulic
           5.2.2 By Phase Type
                    5.2.2.1 Single Phase
                    5.2.2.2 Three Phase
                    5.2.2.3 Triple-Single Phase
           5.2.3 Other Types of Reclosers
    5.3 New Technologies/Products
           5.3.1 Loop Automation

6 Market Overview (Page No. - 42)
    6.1 Introduction
    6.2 Recloser: Market Segmentation
           6.2.1 By Phase Type
           6.2.2 By Control
           6.2.3 By Voltage Rating
           6.2.4 By Region
    6.3 Market Dynamics
           6.3.1 Drivers
                    6.3.1.1 Increasing Distribution Automation for Power Quality & Reliability
                    6.3.1.2 Increased Infrastructural Developments
                    6.3.1.3 Expansion of T&D Networks
                    6.3.1.4 Growth in Renewable Power Generation
           6.3.2 Restraints
                    6.3.2.1 Increasing Competition From the Unorganized Sector
                    6.3.2.2 High-Cost of Reclosers
                    6.3.2.3 Availability of Cheaper Alternatives
                    6.3.2.4 Lack of Investment By Governments in Grid Stability
           6.3.3 Opportunities
                    6.3.3.1 Increasing Investments in Smart Grid Vision
                    6.3.3.2 Implementation of Performance-Based Incentives Schemes & Guaranteed Service Programs
                    6.3.3.3 Changing Utility Industry
           6.3.4 Challenges
                    6.3.4.1 Upgrade of Existing Substation & Feeder Line Protection
    6.4 Value Chain Analysis
    6.5 Supply Chain Analysis
    6.6 Porter’s Five Forces Analysis
           6.6.1 Threat of Substitutes
           6.6.2 Threat of New Entrants
           6.6.3 Bargaining Power of Buyers
           6.6.4 Bargaining Power of Suppliers
           6.6.5 Intensity of Rivalry

7 Recloser Market, By Control (Page No. - 55)
    7.1 Introduction
    7.2 Electric
    7.3 Hydraulic

8 Recloser Market, By Phase Type (Page No. - 59)
    8.1 Introduction
    8.2 Three Phase
    8.3 Single Phase
    8.4 Triple-Single Phase

9 Recloser Market, By Voltage Rating (Page No. - 63)
    9.1 Introduction
           9.1.1 Up to 15 kV Recloser
           9.1.2 16 kV–27 kV Recloser
           9.1.3 Above 27 kV Recloser

10 Recloser Market, By Region (Page No. - 68)
     10.1 Introduction
     10.2 North America
             10.2.1 U.S.
             10.2.2 Mexico
             10.2.3 Canada
     10.3 Asia-Pacific
             10.3.1 China
             10.3.2 India
             10.3.3 Japan
             10.3.4 South Korea
             10.3.5 Australia
             10.3.6 Rest of Asia-Pacific
     10.4 Europe
             10.4.1 Russia
             10.4.2 Germany
             10.4.3 U.K.
             10.4.4 Italy
             10.4.5 Rest of Europe
     10.5 South America
             10.5.1 Brazil
             10.5.2 Argentina
             10.5.3 Chile
             10.5.4 Rest of South America
     10.6 The Middle East
             10.6.1 Saudi Arabia
             10.6.2 Kuwait
             10.6.3 Qatar
             10.6.4 UAE
             10.6.5 Rest of the Middle East
     10.7 Africa
             10.7.1 South Africa
             10.7.2 Nigeria
             10.7.3 Ghana
             10.7.4 Egypt
             10.7.5 Rest of Africa

11 Competitive Landscape (Page No. - 100)
     11.1 Overview
     11.2 Competitive Situation & Trends
     11.3 Contracts & Agreements
     11.4 New Product/Technology Launches
     11.5 Expansions
     11.6 Mergers & Acquisitions

12 Company Profiles (Page No. - 107)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     12.1 Introduction
     12.2 ABB Ltd.
     12.3 Eaton Corporation PLC.
     12.4 General Electric
     12.5 Schneider Electric SA
     12.6 Siemens AG
     12.7 G&W Electric Co.
     12.8 Hubbell Incorporated
     12.9 Noja Power
     12.10 S&C Electric Company
     12.11 Tavrida Electric

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 131)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports


List of Tables (68 Tables)

Table 1 Recloser Market Size, By Control, 2014–2021, (USD Million)
Table 2 Electric: Recloser Market Size, By Region, 2014–2021 (USD Million)
Table 3 Hydraulic: Recloser Market Size, By Region, 2014–2021 (USD Million)
Table 4 Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 5 Three Phase: Recloser Market Size, By Region, 2014–2021 (USD Million)
Table 6 Single Phase: Recloser Market Size, By Region, 2014–2021 (USD Million)
Table 7 Triple-Single Phase: Recloser Market Size, By Region, 2014–2021 (USD Million)
Table 8 Recloser Market Size, By Voltage Rating, 2014–2021 (USD Million)
Table 9 Up to 15 kV: Recloser Market Size, By Region, 2014–2021 (USD Million)
Table 10 16 kV–27 kV: Recloser Market Size, By Region, 2014–2021 (USD Million)
Table 11 Above 27 kV: Recloser Market Size, By Region, 2014–2021 (USD Million)
Table 12 Recloser Market Size, By Region, 2014–2021 (USD Million)
Table 13 North America: Recloser Market Size, By Country, 2014–2021 (USD Million)
Table 14 North America: Recloser Market Size, By Control, 2014–2021 (USD Million)
Table 15 North America: Recloser Market Size, By Voltage Rating, 2014–2021 (USD Million)
Table 16 North America: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 17 U.S. Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 18 Mexico: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 19 Canada: Recloser Market Size, By Phase Type,2014–2021 (USD Million)
Table 20 Asia-Pacific: Recloser Market Size, By Country, 2014–2021 (USD Million)
Table 21 Asia-Pacific: Recloser Market Size, By Control, 2014–2021 (USD Million)
Table 22 Asia-Pacific: Recloser Market Size, By Voltage Rating, 2014–2021 (USD Million)
Table 23 Asia-Pacific: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 24 China: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 25 India: Recloser Market Size, By Phase Type ,2014–2021 (USD Million)
Table 26 Japan: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 27 South Korea: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 28 Australia: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 29 Rest of Asia-Pacific: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 30 Europe: Recloser Market Size, By Country, 2014–2021 (USD Million)
Table 31 Europe: Recloser Market Size, By Control, 2014–2021 (USD Million)
Table 32 Europe: Recloser Market Size, By Voltage Rating, 2014–2021 (USD Million)
Table 33 Europe: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 34 Russia: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 35 Germany: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 36 U.K.: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 37 Italy: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 38 Rest of Europe: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 39 South America: Recloser Market Size, By Country, 2014–2021 (USD Million)
Table 40 South America: Recloser Market Size, By Control, 2014–2021 (USD Million)
Table 41 South America: Recloser Market Size, By Voltage Rating, 2014–2021 (USD Million)
Table 42 South America: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 43 Brazil: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 44 Argentina: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 45 Chile: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 46 Rest of South America: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 47 The Middle East: Recloser Market Size, By Country, 2014–2021 (USD Million)
Table 48 The Middle East: Recloser Market Size, By Control, 2014–2021 (USD Million)
Table 49 The Middle East: Recloser Market Size, By Voltage Rating, 2014–2021 (USD Million)
Table 50 The Middle East: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 51 Saudi Arabia: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 52 Kuwait: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 53 Qatar: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 54 UAE: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 55 Rest of the Middle East: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 56 Africa: Recloser Market Size, By Country, 2014–2021 (USD Million)
Table 57 Africa: Recloser Market Size, By Control, 2014–2021 (USD Million)
Table 58 Africa: Recloser Market Size, By Voltage Rating, 2014–2021 (USD Million)
Table 59 Africa: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 60 South Africa: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 61 Nigeria: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 62 Ghana: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 63 Egypt: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 64 Rest of Africa: Recloser Market Size, By Phase Type, 2014–2021 (USD Million)
Table 65 Contracts & Agreements, 2015–2016
Table 66 New Product/Technology Launches, 2014–2016
Table 67 Expansions, 2014–2015
Table 68 Mergers & Acquisitions, 2013


List of Figures (42 Figures)

Figure 1 Recloser Market Segmentation
Figure 2 Recloser Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 North America Dominated the Recloser Market in 2015
Figure 8 Up to 15 kV Recloser Market, By Region, 2021 (USD Million)
Figure 9 Recloser Market Size, By Phase Type, 2016 & 2021 (USD Million)
Figure 10 Recloser Market Size, By Control, 2014–2021 (USD Million)
Figure 11 Top Market Developments (2012–2015)
Figure 12 Investments in Distribution Automation Systems is Expected to Drive the Recloser Market During the Forecast Period
Figure 13 Asia-Pacific is Expected to Hold Around 30% of the Total Share of the Global Recloser Market in 2021
Figure 14 The North American Recloser Market Accounted for Around 32.2% of the Market Share in 2015
Figure 15 Three Phase Recloser Segment Accounted for More Than 70% of the Market Share in 2015
Figure 16 Demand for Electric & Hydraulic Reclosers, 2015
Figure 17 Life Cycle Analysis
Figure 18 Recloser Classification
Figure 19 Recloser Market Segmentation: By Phase Type, Control, Voltage Rating, & Region
Figure 20 Continued Investment in Distributed Automation System is Driving the Recloser Market
Figure 21 Recloser Market: Value Chain Analysis
Figure 22 Recloser Market: Supply Chain Analysis
Figure 23 Porter’s Five Forces Analysis: Recloser Market
Figure 24 Up to 15 kV Recloser Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 The Asia-Pacific Market is Expected to Grow at A CAGR of 5.81% During the Forecast Period
Figure 26 North America: Recloser Market Snapshot
Figure 27 Asia-Pacific: Recloser Market Snapshot
Figure 28 Companies Adopted Various Growth Strategies, 2013–2016*
Figure 29 Market Evolution Framework
Figure 30 Development Share Analysis, 2013–2016
Figure 31 Regional Revenue Mix of the Top 5 Market Players
Figure 32 ABB Limited : Company Snapshot
Figure 33 ABB Ltd.: SWOT Analysis
Figure 34 Eaton Corporation PLC.: Company Snapshot
Figure 35 Eaton Corporation PLC.: SWOT Analysis
Figure 36 General Electric: Company Snapshot
Figure 37 General Electric: SWOT Analysis
Figure 38 Schneider Electric SA: Company Snapshot
Figure 39 Schneider Electric SA: SWOT Analysis
Figure 40 Siemens AG: Company Snapshot
Figure 41 Siemens AG: SWOT Analysis
Figure 42 Hubbell Incorporated: Company Snapshot

The global recloser market is projected to grow at a CAGR of 3.90% during the forecast period, to reach a size of USD 1,033.0 Million by 2021. This growth is on account of rise in investments in distribution automation for power quality and reliability, influenced by rising energy demand.

North America held the largest major market share, followed by Asia-Pacific & Europe. In terms of individual countries, the market is dominated by the U.S., on account of extensive electrical infrastructure upgradation and distribution automation projects. The U.S. alone held the maximum market share, followed by China and India. Reclosers are expected to be used extensively in the new electrical distribution networks, which are expected to ensure minimum losses and uninterrupted power supply.

The electric recloser segment is estimated to hold a major market share. These reclosers are extensively used by utilities in their distribution networks. North America and Europe currently have markets for grid modernization and replacement of old installations. Along with capacity enhancement trending worldwide, investments in distribution automation is expected to drive the market.

The global recloser market has been segmented on the basis of voltage rating into up to 15 kV, 16 kV–27 kV, and above 27 kV. On the basis of phase type, the market has been classified into three sections, namely, single phase, three phase, and triple-single phase. On the basis of regional demand, the market has been segmented into five sections including North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. Each region has been further studied on the basis of its important country markets.

Reclosers Market

Lack of investments by governments in improving grid stability, high cost of electric reclosers, and increasing competition from unorganized sector are restraining the growth of the recloser market. The recloser industry is very fragmented and offers opportunities for consolidation. This can be seen by the several major M&A activities taking place in the industry, as well as subsidiary formation by big players. There are very few industry leaders disconcerted over the optimal growth strategy for this market. In this industry, most players are global multinational companies.

Rising competition in emerging markets and prevailing local laws in countries such as China, India, and Brazil have led companies to adopt strategies such as partnerships, agreements, and collaborations to increase their market share. The top five companies in the recloser industry include ABB Ltd. (Switzerland), Eaton Corporation (Ireland), Mitsubishi Electric Corporation (Japan), GE (U.S.), Siemens AG (Germany), and Schneider Electric SA (France).

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