According to a research report "Sectionalizer Market by Phase Type (Three Phase and Single Phase), Control Type (Resettable Electronic and Programmable Resettable), Voltage Rating (Up to 15 kV, 16-27 kV, and 28-38 kV), and Region - Global Forecast to 2027" published by MarketsandMarkets, the global sectionalizer market is expected to reach USD 2.0 billion by 2027 from an estimated USD 1.6 billion in 2022, at a CAGR of 5.2% from 2022 to 2027. The sectionalizer market is expected to witness significant growth during the forecast period, owing to the increased demand for reclosers, as it is used in conjunction with the reclosers. In a typical overhead distribution system, the power lines are structured with several branch lines, which are also referred to as spur lines, which spread out from the main supply line. In this structure, it is possible to isolate a faulty line from the rest of the distribution system without disturbing the whole. Therefore, the sectionalizers are used and is important equipment for power transmission and distribution networks.
Browse 66 market data Tables and 55 Figures spread through 179 Pages and in-depth TOC on "Sectionalizer Market by Phase Type (Three Phase and Single Phase), Control Type (Resettable Electronic and Programmable Resettable), Voltage Rating (Up to 15 kV, 16-27 kV, and 28-38 kV), and Region - Global Forecast to 2027"
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Three phase segment, by Phase Type, to occupy the majority of sectionalizer market share
The three phase segment, by phase type, is projected to hold the largest market share during the forecast period. Three phase sectionalizers are used on three-phase circuits to improve system reliability and where lockout of all three phases is required for any permanent fault, to prevent single phasing of three phase loads such as large three-phase motors. The use of three phase sectionalizers in branches and service connections instead of a fused sectionalizer allows better coordination in the event of faults. This method results in a decrease in both operating costs and the number of power outages. The main applications of three-phase sectionalizers are outdoor medium-voltage overhead lines of 15 kV, 27 kV, and 38 kV.
Up to 15 kV voltage segment, by voltage rating, to be the largest market
Based on the voltage, the upto 15 kV segment is estimated to be the largest market from 2020 to 2027. The up to 15 kV segment is expected to grow hold the largest share as there is an increase in the residential power distribution capacity to accommodate the growing demand for electricity in residential areas.
Asia Pacific followed by North America emerged as the largest sectionalizer market
Asia Pacific accounted for the largest global sectionalizer market share during the forecast period owing to the increasing investments in transmission and distribution line expansion projects. The rise in demand for residential spaces and high growth in the real estate sector in Asian countries are likely to boost the demand for sectionalizers.
ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Hubbell (US), Eaton Corporation (Ireland), Tavrida Electric (Estonia), G&W Electric (US), Entec Electric & Electronic (South Korea), are the key players in the global sectionalizer market.
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