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Single Phase Recloser Market Share
ABB, Eaton Corporation, Siemens, Schneider Electric, Hubbel are few of the key market players in the global single phase recloser industry. Enhanced investment and funding from both public and private sectors are driving the development and implementation of advanced recloser technologies. Grants, subsidies, and financial incentives are motivating businesses to adopt these systems.
Single Phase Recloser Market Companies
Some of the key market players operating across the single phase recloser industry are:
- ABB
- ARTECHE
- Eaton Corporation
- ENSTO
- ENTEC Electric & Electronic
- G&W Electric
- Hubbell
- Hughes Power System
- L&R Electric Group
- NOJA Power Switchgear Pty Ltd
- Rockwill
- S&C Electric Company
- Schneider Electric
- Shinsung Industrial Electric
- Siemens
- Tavrida Electric
How big is the single phase recloser market?
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.
Why is the demand for hydraulic control single phase recloser rising?
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.
Why is the demand for 15 kV voltage rating single phase recloser rising?
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.
What factors are driving growth in the single phase recloser market in Asia Pacific?
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.