The global Recloser Control market was valued at US$ 1328.8 million in 2019 and it is expected to reach US$ 1839.2 million by the end of 2026, growing at a CAGR of 5.2% during 2021-2026.
There are two basic types of recloser control schemes: an integral hydraulic control or an electronic control located in a separate cabinet. Hydraulic recloser control is used in most single-phase reclosers and in three-phase recloser types 6H and V6H and is built as an integral part of the recloser. Electronic recloser controls are used in most three-phase reclosers and in the single-phase recloser types VXE, NOVA STS, and NOVA¹. Compared with the hydraulic control, electronic controls are more flexible, more easily customized and programmed, and many have advanced protection, metering, and automation functionality.
The two main types of Recloser Control are Hydraulic Control and Electronic Control, which accounted for about 56% and 44% of market share in 2019, respectively.
Europe had the largest market share in 2019 which accounted for over 28%, while United States and China held a market share of about 20% and 19%, by which these two regions take important roles that cannot be ignored.
Some of key players in the global recloser control market are worldwide well-known companies, such as Eaton, Schneider Electric, ABB, GE and Siemens etc. In 2019, the top 5 manufactures of recloser control occupied almost 60% of market share in total.
Global Recloser Control Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Recloser Control Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Eaton, Schneider Electric, ABB, GE, Siemens, Schweitzer Engineering Laboratories, Noja Power, Entec, Tavrida Electric, G&W and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-recloser-control-market-research-report
Segment by Type
- Hydraulic Control
- Electronic Control
Segment by Application
- Power Distribution System
- Line Interface
Table of Content:
1 Recloser Control Market Overview
2 Recloser Control Market Competition by Manufacturers
3 Recloser Control Retrospective Market Scenario by Region
4 Global Recloser Control Historic Market Analysis by Type
5 Global Recloser Control Historic Market Analysis by Application
6 Key Companies Profiled
7 Recloser Control Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Recloser Control Market Dynamics
10 Global Recloser Control Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.