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Recloser Market Share

Report ID: GMI3388
Published Date: Dec 2024
Report Format: PDF

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Recloser Market Share

Recloser play a crucial role in power distribution networks by protecting the system and automatically restoring power during faults. To stay competitive in the market, key industry players including ABB, Eaton, Hubbell, Siemens, Schneider Electric, among others are focusing on product innovation and new product launches, as well as pursuing mergers and acquisitions to strengthen their market position.

Recloser Market Companies

Major players operating in the recloser industry are:

ABB
Arteche
Eaton
Entec
Ensto
G&W Electric
Hubbell
Hughes Power System
Noja Power
Rockwell
S&C Electric
Schneider Electric
Shinsung
Siemens
Tavrida Electric

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The global market for recloser was reached USD 2.2 billion in 2024 and is projected to grow at a 5.9% CAGR from 2025 to 2034, driven by the rising demand for electricity and the need to upgrade aging electrical infrastructure.

The three-phase recloser market is expected to surpass USD 2 billion by 2034, as these reclosers are essential for preventing unbalanced loading and ensuring reliable power distribution in high-voltage systems.

The 15 kV recloser market is anticipated to grow at a CAGR of over 5% through 2034, supported by increasing urbanization and the demand for lightweight, reliable, and versatile reclosers.

The U.S. recloser market is set to exceed USD 600 million by 2034, led by rising electricity demand, urbanization, industrial expansion, and the integration of smart grid technologies for enhanced grid stability.

Key players in the recloser market include ABB, Arteche, Eaton, Entec, Ensto, G&W Electric, Hubbell, Hughes Power System, Noja Power, Rockwell, S&C Electric, Schneider Electric, Shinsung, Siemens, and Tavrida Electric.