Recloser Market by Control, Phase and Sectionalizer, Voltage, and Region - Global Forecast to 2022

(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Aug 02, 2021, 03:40 /Comserve / -- This detailed analysis includes market size and forecasts, covering regional analysis, trends, opportunities and COVID-19 analysis. The analysis also includes key players with business strategies and key indicators that influence market growth.

The recloser market (including the sectionalizer market) is projected to reach from USD 2.14 billion in 2017 to USD 2.71 billion by 2022, growing at a CAGR of 4.88%, from 2017 to 2022. The increasing demand for electric power worldwide and rising investments in smart grids are driving the recloser and sectionalizer market across the world.

Three-phase reclosers have been predominantly used in industrial applications due to their large power-carrying capacity and suitability for operations of heavier electrical equipment. They are used in the three-phase distribution systems. Asia Pacific, South America, and the Middle East are expected to show high growth in the three-phase distribution segment, owing to the increasing demand for three-phase power from industries in India, China, Brazil, Saudi Arabia, and Argentina. Hence, the demand for three-phase reclosers is expected to be higher in these countries.

Request for Sample Report: 
"The Final Report will cover the impact analysis of COVID-19 on this industry: Recloser Market by Control, Phase  and Sectionalizer, Voltage, and Region - Global Forecast to 2022

North America is the second largest market for reclosers and sectionalizers followed by Europe and the Middle East. The US Department of Energy is going to implement smart grids across the US, Canada, and Mexico, which would drive the recloser market. Moreover, replacement of its aging infrastructure to improve grid reliability and enable smarter power networks to indicate a great potential for the growth of the recloser market in North America.

Request for Sample Report: 
"The Final Report will cover the impact analysis of COVID-19 on this industry: Recloser Market by Control, Phase  and Sectionalizer, Voltage, and Region - Global Forecast to 2022

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1—62%, Tier 2—23%, Tier 3—15%
By Designation: C-Level—40%, D-Level—35%, Others—25%
By Region: North America—15%, Europe—8%, Asia Pacific—47%, South America—20%, Middle East & Africa—10%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 = The leading players in the recloser market are Eaton (Ireland), Schneider (France), NOJA Power (Australia), Tavrida (Switzerland), ABB (Switzerland), Hubbell (US), Siemens (Germany), and S & C (US).

Research Coverage:
The report provides a picture of the recloser market across the power industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as voltage, phase, control type, and region. Furthermore, the report also includes an in-depth competitive analysis of key players in the market along with their company profiles, recent developments, and key market strategies.
For the purpose of this report, the market has been segmented on the basis of voltage, phase, control, and region with a focus on industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the recloser market, high-growth regions, and market drivers, restraints, and opportunities.

Why buy this report?
1. The report identifies and addresses key markets for implementation of recloser and sectionalizer in the power industry, which would help manufacturers review the growth in demand.
2. The report helps solution providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.4 YEARS CONSIDERED FOR THE STUDY 17
1.5 CURRENCY 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primaries 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE OPPORTUNITIES IN THE RECLOSERS AND SECTIONALIZERS MARKET DURING THE FORECAST PERIOD 32
4.2 RECLOSERS MARKET, BY COUNTRY 33
4.3 SECTIONALIZERS MARKET, BY CONTROL AND BY COUNTRY 34
4.4 RECLOSERS MARKET, BY CONTROL TYPE 35
4.5 SECTIONALIZERS MARKET, BY VOLTAGE RATING 35
4.6 RECLOSERS MARKET, BY PHASE TYPE 36

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