Home > Energy & Power > Electrical Equipment > Recloser > Vacuum Interrupted Recloser Market

Vacuum Interrupted Recloser Market Trends

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

Download Free Sample

Vacuum Interrupted Recloser Market Trends

The rise of renewable energy sources, such as wind and solar power, is transforming the electrical grid. Vacuum interrupted reclosers are crucial in managing the variability and intermittent nature of renewable energy sources. They help ensure grid stability and reliability by quickly isolating faults and restoring power. Many utilities are investing in the modernization of aging electrical infrastructure to improve performance and reliability, thereby complementing industry outlook.

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.