Product Code: PM3051
The global recloser market size is expected to reach USD 1,755.22 million by 2032, according to a new study by Polaris Market Research. The report "Recloser Market Share, Size, Growth, Trends, Industry Analysis Report by Phase Type (Three Phase, Single Phase, Triple-single Phase); By Control Type; By Voltage Rating; By Insulation Medium; By Region; and Forecast 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Deployment of smart grid technology, growing adoption of renewable energy sources, and increasing investments in the renewable energy sector. The market is expected to benefit from the rising demand for reliable and efficient power supply systems and government initiatives to improve electricity access in underdeveloped regions. The need for advanced recloser technology is also rising due to the increasing adoption of renewable energy sources, particularly solar and wind power. These trends are expected to fuel the growth of the recloser market.
In addition to the growing demand for power supply automation, the renewable energy sub-sector has also been receiving significant investments, expected to drive market growth in recent years. The use of smart grid monitors is becoming increasingly important in managing electricity transmission from source to end-users, as it helps reduce costs while improving energy security, stability, resilience, and reliability of the power system. This trend is expected to further boost the market for smart grid monitors and related technologies in the coming years.
In February 2022, Eaton Corporation announced the launch of its new Cooper Power series NOVA NX-T recloser, which features improved reliability, enhanced communication capabilities, and a compact design aiming at improving the efficiency and reliability of power distribution networks. Earlier this spring, Eaton and LG announced the launch of a ground-breaking project, "Residential Virtual Power Plant."
Recloser Market Report Highlights:
Three Phase segment accounted for over significant share of the global market share in 2022 due to the high ability to handle high currents, smaller conductor size, and lower installation costs.
The 0-15 kV is expected to hold the largest share in the recloser market due to increasing demand for safe substation equipment, particularly automatic circuit reclosers.
Vacuum-type reclosers dominate the market owing to superior arc quenching, reliability, cost-efficiency, eco-friendliness, and recyclability. This leads to high demand for its durability, low mechanical stress, reduced cost, and safe operation.
The electronic segment is projected to grow fastest during the study period, driven by its features, including smart grids, distribution automation systems, and the need for protection from voltage.
Asia Pacific is poised to grow at a significant rate, owing to rising demand for reliable power supply and increasing investment in grid infrastructure to meet the growing electricity needs of its growing population.
The global key market players include ABB, Eaton, Siemens, G&W Electric, and General Electrics.
Polaris Market Research has segmented the recloser market report based on phase type, control type, voltage rating, insulation medium, end-use, and region:
Recloser Market, Phase Outlook (Revenue - USD Million, 2019 - 2032)
Single-Phase
Three-Phase
Triple Single Phase
Recloser Market, Control Outlook (Revenue - USD Million, 2019 - 2032)
Hydraulic
Programmable Resettable
Electric
Resettable Electronic
Recloser Market, Voltage Type Outlook (Revenue - USD Million, 2019 - 2032)
High Voltage
Medium Voltage
Low Voltage
Recloser Market, Voltage Rating Outlook (Revenue - USD Million, 2019 - 2032)
Up to 15 kV
16-27 kV
27-38 kV
Recloser Market, End-Use Outlook (Revenue - USD Million, 2019 - 2032)
Oil
Air
Epoxy
Recloser Market, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Austria
Romania
Poland
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Singapore
Latin America
Argentina
Brazil
Columbia
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Qatar
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Recloser Market Insights
- 4.1. Recloser - Industry Snapshot
- 4.2. Recloser Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing demand for cleaner energy sources
- 4.2.1.2. Investments in renewable energy have supported the power sector
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost of reclosers
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Recloser Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Recloser Market, by Phase type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Recloser Market, by Phase type, 2019-2032 (USD Million)
- 5.3. Single Phase
- 5.3.1. Global Recloser Market, by Single Phase, by Region, 2019-2032 (USD Million)
- 5.4. Three Phase
- 5.4.1. Global Recloser Market, by Three Phase, by Region, 2019-2032 (USD Million)
- 5.5. Triple-single Phase
- 5.5.1. Global Recloser Market, by Triple-single Phase, by Region, 2019-2032 (USD Million)
6. Global Recloser Market, by Control Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Recloser Market, by Control Type, 2019-2032 (USD Million)
- 6.3. Electronic
- 6.3.1. Global Recloser Market, by Electronic, by Region, 2019-2032 (USD Million)
- 6.4. Hydraulic
- 6.4.1. Global Recloser Market, by Hydraulic, by Region, 2019-2032 (USD Million)
- 6.5. Micro-processor Base
- 6.5.1. Global Recloser Market, by Micro-processor Base, by Region, 2019-2032 (USD Million)
7. Global Recloser Market, by Voltage Rating
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 7.3. 0-15 kV
- 7.3.1. Global Recloser Market, by 0-15 kV, by Region, 2019-2032 (USD Million)
- 7.4. 16-27 kV
- 7.4.1. Global Recloser Market, by 16-27 kV, by Region, 2019-2032 (USD Million)
- 7.5. 28-38 kV
- 7.5.1. Global Recloser Market, by 28-38 kV, by Region, 2019-2032 (USD Million)
8. Global Recloser Market, by Installation Medium
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 8.3. Oil
- 8.3.1. Global Recloser Market, by Oil, by Region, 2019-2032 (USD Million)
- 8.4. Air
- 8.4.1. Global Recloser Market, by Air, by Region, 2019-2032 (USD Million)
- 8.5. Epoxy
- 8.5.1. Global Recloser Market, by Epoxy, by Region, 2019-2032 (USD Million)
9. Global Recloser Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Recloser Market Assessment, By Geography, 2019-2032 (USD Million)
- 9.3. Recloser Market - North America
- 9.3.1. North America: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.3.2. North America: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.3.3. North America: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.3.4. North America: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.3.5. Recloser Market - U.S.
- 9.3.5.1. U.S.: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.3.5.2. U.S.: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.3.5.3. U.S.: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.3.5.4. U.S.: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.3.6. Recloser Market - Canada
- 9.3.6.1. Canada: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.3.6.2. Canada: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.3.6.3. Canada: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.3.6.4. Canada: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.4. Recloser Market - Europe
- 9.4.1. Europe: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.4.2. Europe: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.4.3. Europe: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.4.4. Europe: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.4.5. Recloser Market - UK
- 9.4.5.1. UK: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.4.5.2. UK: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.4.5.3. UK: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.4.5.4. UK: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.4.6. Recloser Market - France
- 9.4.6.1. France: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.4.6.2. France: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.4.6.3. France: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.4.6.4. France: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.4.7. Recloser Market - Germany
- 9.4.7.1. Germany: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.4.7.2. Germany: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.4.7.3. Germany: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.4.7.4. Germany: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.4.8. Recloser Market - Italy
- 9.4.8.1. Italy: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.4.8.2. Italy: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.4.8.3. Italy: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.4.8.4. Italy: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.4.9. Recloser Market - Spain
- 9.4.9.1. Spain: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.4.9.2. Spain: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.4.9.3. Spain: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.4.9.4. Spain: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.4.10. Recloser Market - Netherlands
- 9.4.10.1. Netherlands: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.4.10.2. Netherlands: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.4.10.3. Netherlands: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.4.10.4. Netherlands: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.4.11. Recloser Market - Russia
- 9.4.11.1. Russia: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.4.11.2. Russia.: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.4.11.3. Russia: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.4.11.4. Russia: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.5. Recloser Market - Asia Pacific
- 9.5.1. Asia Pacific: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.5.2. Asia Pacific: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.5.3. Asia Pacific: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.5.4. Asia Pacific: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.5.5. Recloser Market - China
- 9.5.5.1. China: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.5.5.2. China.: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.5.5.3. China: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.5.5.4. China: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.5.6. Recloser Market - India
- 9.5.6.1. India: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.5.6.2. India.: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.5.6.3. India: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.5.6.4. India: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.5.7. Recloser Market - Japan
- 9.5.7.1. Japan: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.5.7.2. Japan.: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.5.7.3. Japan: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.5.7.4. Japan: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.5.8. Recloser Market - Malaysia
- 9.5.8.1. Malaysia: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.5.8.2. Malaysia.: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.5.8.3. Malaysia: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.5.8.4. Malaysia: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.5.9. Recloser Market - Indonesia
- 9.5.9.1. Indonesia: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.5.9.2. Indonesia.: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.5.9.3. Indonesia: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.5.9.4. Indonesia: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.5.10. Recloser Market - South Korea
- 9.5.10.1. South Korea: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.5.10.2. South Korea.: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.5.10.3. South Korea: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.5.10.4. South Korea: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.6. Recloser Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.6.2. Middle East & Africa: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.6.3. Middle East & Africa: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.6.4. Middle East & Africa: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.6.5. Recloser Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.6.5.2. Saudi Arabia: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.6.5.3. Saudi Arabia: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.6.5.4. Saudi Arabia: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.6.6. Recloser Market - South Africa
- 9.6.6.1. South Africa: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.6.6.2. South Africa: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.6.6.3. South Africa: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.6.6.4. South Africa: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.6.7. Recloser Market - Israel
- 9.6.7.1. Israel: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.6.7.2. Israel: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.6.7.3. Israel: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.6.7.4. Israel: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.6.8. Recloser Market - UAE
- 9.6.8.1. UAE: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.6.8.2. UAE: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.6.8.3. UAE: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.6.8.4. UAE: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.7. Recloser Market - Latin America
- 9.7.1. Latin America: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.7.2. Latin America: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.7.3. Latin America: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.7.4. Latin America: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.7.5. Recloser Market - Mexico
- 9.7.5.1. Mexico: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.7.5.2. Mexico: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.7.5.3. Mexico: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.7.5.4. Mexico: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.7.6. Recloser Market - Brazil
- 9.7.6.1. Brazil: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.7.6.2. Brazil: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.7.6.3. Brazil: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.7.6.4. Brazil: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
- 9.7.7. Recloser Market - Argentina
- 9.7.7.1. Argentina: Recloser Market, by Phase type, 2019-2032 (USD Million)
- 9.7.7.2. Argentina: Recloser Market, by Installation Medium, 2019-2032 (USD Million)
- 9.7.7.3. Argentina: Recloser Market, by Control Type, 2019-2032 (USD Million)
- 9.7.7.4. Argentina: Recloser Market, by Voltage Rating, 2019-2032 (USD Million)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. ABB Ltd
- 11.1.1. Company Overview
- 11.1.2. Financial PerVoltage Ratingance
- 11.1.3. Installation Medium Benchmarking
- 11.1.4. Recent Development
- 11.2. Eaton
- 11.2.1. Company Overview
- 11.2.2. Financial PerVoltage Ratingance
- 11.2.3. Installation Medium Benchmarking
- 11.2.4. Recent Development
- 11.3. Siemens
- 11.3.1. Company Overview
- 11.3.2. Financial PerVoltage Ratingance
- 11.3.3. Installation Medium Benchmarking
- 11.3.4. Recent Development
- 11.4. G&W Electric
- 11.4.1. Company Overview
- 11.4.2. Financial PerVoltage Ratingance
- 11.4.3. Installation Medium Benchmarking
- 11.4.4. Recent Development
- 11.5. General Electric
- 11.5.1. Company Overview
- 11.5.2. Financial PerVoltage Ratingance
- 11.5.3. Installation Medium Benchmarking
- 11.5.4. Recent Development
- 11.6. Schnieder Electric
- 11.6.1. Company Overview
- 11.6.2. Financial PerVoltage Ratingance
- 11.6.3. Installation Medium Benchmarking
- 11.6.4. Recent Development
- 11.7. NOJA Power
- 11.7.1. Company Overview
- 11.7.2. Financial PerVoltage Ratingance
- 11.7.3. Installation Medium Benchmarking
- 11.7.4. Recent Development
- 11.8. Stelmec
- 11.8.1. Company Overview
- 11.8.2. Financial PerVoltage Ratingance
- 11.8.3. Installation Medium Benchmarking
- 11.8.4. Recent Development
- 11.9. Arteche
- 11.9.1. Company Overview
- 11.9.2. Financial PerVoltage Ratingance
- 11.9.3. Installation Medium Benchmarking
- 11.9.4. Recent Development
- 11.10. Entec Electric & Electric
- 11.10.1. Company Overview
- 11.10.2. Financial PerVoltage Ratingance
- 11.10.3. Installation Medium Benchmarking
- 11.10.4. Recent Development
- 11.11. Hubbell
- 11.11.1. Company Overview
- 11.11.2. Financial PerVoltage Ratingance
- 11.11.3. Installation Medium Benchmarking
- 11.11.4. Recent Development
- 11.12. Brush Group
- 11.12.1. Company Overview
- 11.12.2. Financial PerVoltage Ratingance
- 11.12.3. Installation Medium Benchmarking
- 11.12.4. Recent Development
- 11.13. Tavrida Electric
- 11.13.1. Company Overview
- 11.13.2. Financial PerVoltage Ratingance
- 11.13.3. Installation Medium Benchmarking
- 11.13.4. Recent Development
- 11.14. Elektrolites
- 11.14.1. Company Overview
- 11.14.2. Financial PerVoltage Ratingance
- 11.14.3. Installation Medium Benchmarking
- 11.14.4. Recent Development