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Vacuum Interrupted Recloser Market Analysis

  • Report ID: GMI11371
  • Published Date: Sep 2024
  • Report Format: PDF

Vacuum Interrupted Recloser Market Analysis

Vacuum interrupted recloser industry, based on phase, is categorized into single phase and three phase. Single phase segment is projected to exceed USD 1 billion by 2032. Rising trend towards smaller, more compact single-phase reclosers that can be easily installed in confined spaces and mounted on poles or compact substations. This trend is driven by the need for efficient space utilization and ease of installation. Moreover, these devices meet stringent standards for reducing environmental impact and ensuring safe operation, aligning with regulatory trends and industry requirements.
 

Vacuum Interrupted Recloser Market Revenue Share, By Control, 2023

Based on control, the vacuum interrupted recloser market is categorized into electronic and hydraulic segment, where the electronic industry will grow at a rate of over 6% by 2032. Innovations such as improved interrupting technology and more robust designs are making these devices more effective at handling high fault currents and challenging operational conditions. In addition, the growth of these sectors, coupled with the expansion of infrastructure will drive the product demand.
 

Asia Pacific Vacuum Interrupted Recloser Market Size, 2022 - 2032 (USD Million)

The Asia Pacific vacuum interrupted recloser market is set to exceed USD 900 million by 2032. The demand for vacuum interrupted reclosers varies by region, influenced by factors such as infrastructure development, regulatory requirements, and economic conditions. Emerging markets including China, India and Japan, are experiencing increased adoption due to rapid industrialization and urbanization. Stringent regulations and environmental standards are pushing utilities to adopt cleaner and more efficient technologies. Furthermore, move towards smart grids necessitates advanced recloser solutions that can enhance grid reliability and efficiency.
 

The U.S. is dealing with aging electrical infrastructure that requires replacement or upgrading. Vacuum interrupted reclosers are increasingly being installed as part of infrastructure modernization efforts to enhance system performance and reliability. Government incentives and support programs aimed at promoting energy efficiency and modernization of the power grid can drive the adoption of vacuum interrupted reclosers.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of vacuum interrupted recloser reached USD 1.4 billion in 2023 and is set to record a CAGR of 6.3% through 2032, due to the growing need for uninterrupted and stable power supply across utilities and industrial sectors.

Single phase segment is projected to exceed USD 1 billion by 2032, due to the preference for smaller, more compact single-phase reclosers that can be easily installed in confined spaces and mounted on poles or compact substations.

Asia Pacific market is set to exceed USD 0.9 billion by 2032, owing to infrastructure development, regulatory requirements, and economic conditions.

ENSTO, G&W Electric, Hubbell, Hughes Power System, NOJA Power, Rockwell Automation, S&C Electric Company, Schneider Electric, and Shinsung Industrial Electric among others.

Vacuum Interrupted Recloser Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 15
  • Countries covered: 19
  • Pages: 100
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