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Recloser Controls - Global Market Trajectory & Analytics

  • ID: 4805387
  • Report
  • May 2021
  • Region: Global
  • 446 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • ABB Ltd
  • Eaton Corporation Inc.
  • G&W Electric Company
  • Hubbell Incorporated
  • S&C Electric Company
  • Schneider Electric SE

Global Recloser Controls Market to Reach $1.5 Billion by 2027


Amid the COVID-19 crisis, the global market for Recloser Controls estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027. Electric, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$929.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hydraulic segment is readjusted to a revised 3.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $231.1 Million, While China is Forecast to Grow at 6.1% CAGR


The Recloser Controls market in the U.S. is estimated at US$231.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$313.8 Million by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Select Competitors (Total 23 Featured) -

  • ABB Ltd
  • Eaton Corporation Inc.
  • Entec Electric and Electronic Co., Ltd.
  • G&W Electric Company
  • Hubbell Incorporated
  • NOJA Power Switchgear Pty Ltd
  • S&C Electric Company
  • Schneider Electric SE
  • Siemens AG
  • Tavrida Electric GmbH
  • Ghorit Electrical Co., LTD
Frequently Asked Questions about the Global Market for Recloser Controls

What is the estimated value of the Global Market for Recloser Controls?

The Global Market for Recloser Controls was estimated to be valued at €1.10 Billion in 2020.

What is the growth rate of the Global Market for Recloser Controls?

The growth rate of the Global Market for Recloser Controls is 4.5%, with an estimated value of €1.50 Billion by 2027.

What is the forecasted size of the Global Market for Recloser Controls?

The Global Market for Recloser Controls is estimated to be worth €1.50 Billion by 2027.

Who are the key companies in the Global Market for Recloser Controls?

Key companies in the Global Market for Recloser Controls include ABB Ltd, Eaton Corporation Inc., Entec Electric and Electronic Co., Ltd., G&W Electric Company, Hubbell Incorporated, NOJA Power Switchgear Pty Ltd, S&C Electric Company, Schneider Electric SE and Tavrida Electric GmbH.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Ltd
  • Eaton Corporation Inc.
  • G&W Electric Company
  • Hubbell Incorporated
  • S&C Electric Company
  • Schneider Electric SE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Recloser Control Market: A Prelude
  • Types of Recloser Control Systems
  • Three-Phase Segment Leads the Recloser Control Market
  • Electric Recloser Control Segment Holds Majority Share
  • Geographic Market Analysis
  • Aging Power T&D Infrastructure and the Need for Replacement in Developed Markets Drives Growth
  • RECENT MARKET ACTIVITY
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Rise in Distribution Automation for Power Quality and Reliability Drives Growth
  • Substation Automation Drives Use of Recloser Controllers
  • Increasing Demand for Power Augurs Well for Market Growth
  • Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
  • Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
  • Expansion and Modernization of T&D Networks Hold Potential for Growth
  • Smart Reclosers: One of the Promising Technologies up for Adoption by Electric Utilities
  • Companies Focus on Technology Upgrades to Support Smart Grid Reliability
  • Growth in Renewable Power Generation Augurs Well for Reclosers Market
  • World Energy Production (in Billion Kilowatt Hours) by Energy Source for the Years 2017, 2020, 2030 and 2040
  • Transition to Smart Grid Infrastructure Drives Market Growth
  • Global Investments in Smart Grids in US$ Billion: 2017, 2020 and 2023
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

UNITED STATES

CANADA

JAPAN

CHINA

EUROPE

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 23
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • ABB Ltd
  • Eaton Corporation Inc.
  • Entec Electric and Electronic Co., Ltd.
  • G&W Electric Company
  • Hubbell Incorporated
  • NOJA Power Switchgear Pty Ltd
  • S&C Electric Company
  • Schneider Electric SE
  • Siemens AG
  • Tavrida Electric GmbH
  • Ghorit Electrical Co., LTD
Note: Product cover images may vary from those shown
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