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Recloser Market Share

Report ID: GMI3388
Published Date: May 2023
Report Format: PDF

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Recloser Market Share

Reclosers are important devices used in power distribution networks to protect and automatically restore power in the event of a fault. Key recloser market players are being actively engaged in product innovation & product launch, along with merger & acquisition to remain competitive in the market. These participants include;

ABB
Eaton
Schneider Electric
Siemens
NOJA Power Switchgear Pty Ltd
Tavrida Electric
Hubbell
Hughes Power System
S&C Electric Company
G&W Electric
ENTEC Electric & Electronic
ARTECHE
Shinsung Industrial Electric
ENSTO, & Rockwill

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of recloser crossed USD 2.1 billion in 2023 and is set to grow at 6.1% CAGR during 2024 to 2032 attributed to the high electricity demand and the ongoing refurbishment of the prevailing electrical setup.

The 15 kV reclosers segment is projected to amass significant revenue by 2032 owing to the ongoing expansion of residential areas, along with rapid urbanization.

The APAC industry is set to witness steady growth between 2023 and 2032 driven by the increasing demand for electricity, coupled with growing points of connection.

The prominent recloser business firms such as ABB, Eaton, Schneider Electric, Siemens, NOJA Power Switchgear Pty Ltd, Tavrida Electric, Hubbell, Hughes Power System, S&C Electric Company, G&W Electric, ENTEC Electric & Electronic, ARTECHE, Shinsung Industrial Electric, ENSTO, and Rockwell.