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Single Phase Recloser Market Analysis

  • Report ID: GMI10012
  • Published Date: Jun 2024
  • Report Format: PDF

Single Phase Recloser Market Analysis

Based on control, the market is segmented into electronic & hydraulic. Hydraulic control single phase recloser industry is expected to surpass USD 600 million by 2032. Hydraulic control single-phase reclosers are essential devices in power distribution systems, providing automatic reclosing of circuits after temporary faults. These reclosers utilize hydraulic mechanisms to control the reclosure process, ensuring reliability and stability in power distribution, particularly in rural and less densely populated areas.
 

Single Phase Recloser Market Revenue Share, By Voltage Rating, 2023

Based on volatge rating, the industry is divided into 15 kV, 27 kV, & 38 kV. The 15 kV voltage rating single rating recloser industry is anticipated to grow at a rate of over 5.5% till 2032. Cost efficiency & operational benefits along with regulatory compliance and safety standards will increase the product adoption 15 kV single phase recloser industry.
 

Asia Pacific Single Phase Recloser Market Size, 2022 - 2032 (USD Million)

Asia Pacific single phase recloser market is anticipated to exceed over USD 605 million by 2032. Rapid urbanization, industrialization, and electrification initiatives in countries like China, India, and Southeast Asian nations are propelling the market growth. The region is witnessing increased investments in power infrastructure development. Rural electrification projects and the expansion of renewable energy capacity are key factors driving the demand for the product across the region.
 

The U.S. market is mature and characterized by significant investments in smart grid infrastructure. The presence of leading technology providers and strong regulatory frameworks support market growth in the country. In addition, continued focus on grid reliability and rural electrification, which supports the demand for control reclosers including hydraulic & electric will witness high adoption owing to increasing initiatives towards the modernization of aging infrastructure also contributes to market growth.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

Industry size for single phase recloser was worth USD 973.5 million in 2023 and is projected to expand at 5.9% CAGR from 2024 to 2032, led by the increasing demand for reliable power supply.

The hydraulic control single phase recloser segment is projected to surpass USD 600 million by 2032, as they are essential devices in power distribution systems, providing automatic reclosing of circuits after temporary faults.

The single phase recloser industry share from the 15 kV voltage rating segment is estimated to depict over 5.5% CAGR between 2024 and 2032, due to the cost efficiency & operational benefits offered by 15kV single phase reclosers.

Asia Pacific single phase recloser industry is predicted to account for more than USD 605 million by 2032, owing to the rapid urbanization, industrialization, and electrification initiatives in the region.

Single Phase Recloser Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 12
  • Countries covered: 17
  • Pages: 80
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