Home > Energy & Power > Electrical Equipment > Recloser > Electronic Recloser Market

Electronic Recloser Market Trends

Report ID: GMI7912
Published Date: Jan 2024
Report Format: PDF

Download Free Sample

Electronic Recloser Market Trends

Increasing emphasis on smart grid technology integration along with the integration of communication interfaces & connectivity options across the electrical grid infrastructure will complement the business scenario. Electronic reclosers are becoming integral components of smart grids, allowing for real-time monitoring, remote control, and data analytics to enhance overall grid efficiency. on, there is a growing demand for sustainable and environmentally friendly solutions, driving innovations in recloser technology. Manufacturers are focusing on developing reclosers with improved fault detection algorithms, self-diagnostic capabilities, and self-healing features to optimize grid performance.

Advanced reclosers are equipped with enhanced communication capabilities, facilitating seamless integration into the broader power infrastructure. This connectivity allows for better coordination between reclosers and other grid components, enabling faster response to faults and minimizing downtime. In addition, the market is experiencing a shift towards modular and compact designs, providing flexibility in installation and maintenance.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of electronic recloser was reached USD 1.31 billion in 2023 and is poised to expand at over 6.2% CAGR from 2024 to 2032, owing to the increasing demand for electricity coupled with the greater need to upgrade existing electrical infrastructure.

Three phase electronic recloser market is estimated to witness around 6.3% CAGR between 2024 and 2032, owing to their increasing applicability in regions where disconnecting all three phases is necessary to prevent unbalanced loading on the system.

Asia Pacific electronic recloser industry size is set to expand at over 5.4% CAGR between 2024 and 2032, attributed to the surging electricity demand and an expanding point of connection.

Some of the leading electronic recloser companies are ENTEC Electric & Electronic, Schneider Electric, Hughes Power System, ABB, Eaton, ARTECHE, ENSTO, G&W Electric, Hubbell, NOJA Power Switchgear Pty Ltd, Rockwill, S&C Electric Company, Shinsung Industrial Electric, Siemens, and Tavrida Electric.