The Global Recloser Market size is expected to reach $1.6 billion by 2031, rising at a market growth of 4.9% CAGR during the forecast period.
Utilities in North America are investing in grid modernization initiatives to enhance grid efficiency, reliability, and resilience. Thus, the North America acquired $332.3 million revenue in 2023. Reclosers with advanced features like communication capabilities and remote monitoring are increasingly being deployed to support these initiatives. They play a crucial role in integrating renewable energy into the grid, managing grid stability, and minimizing disruptions caused by fluctuations in renewable generation.
Urbanization and industrialization often increase electricity demand as population centers expand and industries grow. The expansion of the distribution network is used to serve the growing urban areas and industrial zones. Hence, increasing urbanization and industrialization create a favorable market environment for the recloser market.
Additionally, Energy storage systems help stabilize the grid by absorbing excess energy during periods of high generation and releasing stored energy during peak demand. Reclosers are crucial in integrating energy storage into the grid by ensuring seamless coordination between storage systems and other grid components. Thus, the growing deployment of energy storage systems significantly boosts the recloser market.
However, the high initial costs of recloser technology may lead utilities to question the return on investment (ROI) and long-term cost-effectiveness of deploying reclosers. If the projected benefits of recloser deployment do not outweigh the upfront investment and ongoing maintenance costs, utilities may hesitate to implement. Thus, high initial costs and maintenance costs obstruct the recloser market.
Control Type Outlook
On the basis of control type, the recloser market is classified into electronic and hydraulic. The hydraulic segment recorded a 31% revenue share in the recloser market in 2023. Hydraulic control reclosers are known for their reliability and durability. They are well-suited for harsh environmental conditions and can withstand high levels of electrical stress, making them ideal for use in various utility applications.
Phase Outlook
Based on phase, the recloser market is characterized into three phase, single phase, and triple single phase. The three phase segment garnered a 49% revenue share in the recloser market in 2023. Three-phase reclosers are commonly utilized to protect three-phase electrical distribution systems. They are designed to handle faults and disturbances across all three phases of the power distribution network simultaneously.
Voltage Rating Outlook
By voltage rating, the recloser market is fragmented into upto 15kV, 16 to 27 kV, and 28 to 38 kV. In 2023, the 16 to 27 kV segment acquired a 29.1% revenue share in the recloser market. Reclosers in this segment come in various sizes and capacities to accommodate different applications and load requirements within medium-voltage distribution systems.
Insulation Medium Outlook
Based on insulation medium, the recloser market is divided into oil, air, and epoxy. The oil segment recorded a remarkable revenue share in the recloser market in 2023. In oil-insulated reclosers, the oil's insulating properties help prevent electrical arcing and maintain the integrity of the electrical circuit.
Regional Outlook
Region-wise, the recloser market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment garnered a 37% revenue share in the recloser market in 2023. The Asia Pacific region is witnessing robust growth in its recloser market, driven by rapid urbanization, industrialization, and infrastructure development.
List of Key Companies Profiled
- Schneider Electric SE
- Eaton Corporation
- ABB Ltd.
- Siemens AG
- General Electric Company
- Hubbell Incorporated
- S&C Electric Company
- ENTEC Electric & Electronic Co. Ltd
- G&W Electric Company
- NOJA Power Switchgear Pty. Ltd.
Global Recloser Market Report Segmentation
By Control Type
By Phase
- Three Phase
- Single Phase
- Triple Single Phase
By Voltage Rating
- Upto 15 KV
- 16 to 27 KV
- 28 to 38 KV
By Insulation Medium
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Global Recloser Market, by Control Type
- 1.4.2Global Recloser Market, by Phase
- 1.4.3Global Recloser Market, by Voltage Rating
- 1.4.4Global Recloser Market, by Insulation Medium
- 1.4.5Global Recloser Market, by Geography
- 1.5Methodology for the research
Chapter 2.Market at a Glance
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
Chapter 4.Competition Analysis - Global
- 4.1Market Share Analysis, 2023
- 4.2Porter Five Forces Analysis
Chapter 5.Global Recloser Market by Control Type
- 5.1Global Electronic Market by Region
- 5.2Global Hydraulic Market by Region
Chapter 6.Global Recloser Market by Phase
- 6.1Global Three Phase Market by Region
- 6.2Global Single Phase Market by Region
- 6.3Global Triple Single Phase Market by Region
Chapter 7.Global Recloser Market by Voltage Rating
- 7.1Global Upto 15 KV Market by Region
- 7.2Global 16 to 27 KV Market by Region
- 7.3Global 28 to 38 KV Market by Region
Chapter 8.Global Recloser Market by Insulation Medium
- 8.1Global Epoxy Market by Region
- 8.2Global Air Market by Region
- 8.3Global Oil Market by Region
Chapter 9.Global Recloser Market by Region
- 9.1North America Recloser Market
- 9.1.1North America Recloser Market by Control Type
- 9.1.1.1North America Electronic Market by Region
- 9.1.1.2North America Hydraulic Market by Region
- 9.1.2North America Recloser Market by Phase
- 9.1.2.1North America Three Phase Market by Country
- 9.1.2.2North America Single Phase Market by Country
- 9.1.2.3North America Triple Single Phase Market by Country
- 9.1.3North America Recloser Market by Voltage Rating
- 9.1.3.1North America Upto 15 KV Market by Country
- 9.1.3.2North America 16 to 27 KV Market by Country
- 9.1.3.3North America 28 to 38 KV Market by Country
- 9.1.4North America Recloser Market by Insulation Medium
- 9.1.4.1North America Epoxy Market by Country
- 9.1.4.2North America Air Market by Country
- 9.1.4.3North America Oil Market by Country
- 9.1.5North America Recloser Market by Country
- 9.1.5.1US Recloser Market
- 9.1.5.1.1US Recloser Market by Control Type
- 9.1.5.1.2US Recloser Market by Phase
- 9.1.5.1.3US Recloser Market by Voltage Rating
- 9.1.5.1.4US Recloser Market by Insulation Medium
- 9.1.5.2Canada Recloser Market
- 9.1.5.2.1Canada Recloser Market by Control Type
- 9.1.5.2.2Canada Recloser Market by Phase
- 9.1.5.2.3Canada Recloser Market by Voltage Rating
- 9.1.5.2.4Canada Recloser Market by Insulation Medium
- 9.1.5.3Mexico Recloser Market
- 9.1.5.3.1Mexico Recloser Market by Control Type
- 9.1.5.3.2Mexico Recloser Market by Phase
- 9.1.5.3.3Mexico Recloser Market by Voltage Rating
- 9.1.5.3.4Mexico Recloser Market by Insulation Medium
- 9.1.5.4Rest of North America Recloser Market
- 9.1.5.4.1Rest of North America Recloser Market by Control Type
- 9.1.5.4.2Rest of North America Recloser Market by Phase
- 9.1.5.4.3Rest of North America Recloser Market by Voltage Rating
- 9.1.5.4.4Rest of North America Recloser Market by Insulation Medium
- 9.2Europe Recloser Market
- 9.2.1Europe Recloser Market by Control Type
- 9.2.1.1Europe Electronic Market by Country
- 9.2.1.2Europe Hydraulic Market by Country
- 9.2.2Europe Recloser Market by Phase
- 9.2.2.1Europe Three Phase Market by Country
- 9.2.2.2Europe Single Phase Market by Country
- 9.2.2.3Europe Triple Single Phase Market by Country
- 9.2.3Europe Recloser Market by Voltage Rating
- 9.2.3.1Europe Upto 15 KV Market by Country
- 9.2.3.2Europe 16 to 27 KV Market by Country
- 9.2.3.3Europe 28 to 38 KV Market by Country
- 9.2.4Europe Recloser Market by Insulation Medium
- 9.2.4.1Europe Epoxy Market by Country
- 9.2.4.2Europe Air Market by Country
- 9.2.4.3Europe Oil Market by Country
- 9.2.5Europe Recloser Market by Country
- 9.2.5.1Germany Recloser Market
- 9.2.5.1.1Germany Recloser Market by Control Type
- 9.2.5.1.2Germany Recloser Market by Phase
- 9.2.5.1.3Germany Recloser Market by Voltage Rating
- 9.2.5.1.4Germany Recloser Market by Insulation Medium
- 9.2.5.2UK Recloser Market
- 9.2.5.2.1UK Recloser Market by Control Type
- 9.2.5.2.2UK Recloser Market by Phase
- 9.2.5.2.3UK Recloser Market by Voltage Rating
- 9.2.5.2.4UK Recloser Market by Insulation Medium
- 9.2.5.3France Recloser Market
- 9.2.5.3.1France Recloser Market by Control Type
- 9.2.5.3.2France Recloser Market by Phase
- 9.2.5.3.3France Recloser Market by Voltage Rating
- 9.2.5.3.4France Recloser Market by Insulation Medium
- 9.2.5.4Russia Recloser Market
- 9.2.5.4.1Russia Recloser Market by Control Type
- 9.2.5.4.2Russia Recloser Market by Phase
- 9.2.5.4.3Russia Recloser Market by Voltage Rating
- 9.2.5.4.4Russia Recloser Market by Insulation Medium
- 9.2.5.5Spain Recloser Market
- 9.2.5.5.1Spain Recloser Market by Control Type
- 9.2.5.5.2Spain Recloser Market by Phase
- 9.2.5.5.3Spain Recloser Market by Voltage Rating
- 9.2.5.5.4Spain Recloser Market by Insulation Medium
- 9.2.5.6Italy Recloser Market
- 9.2.5.6.1Italy Recloser Market by Control Type
- 9.2.5.6.2Italy Recloser Market by Phase
- 9.2.5.6.3Italy Recloser Market by Voltage Rating
- 9.2.5.6.4Italy Recloser Market by Insulation Medium
- 9.2.5.7Rest of Europe Recloser Market
- 9.2.5.7.1Rest of Europe Recloser Market by Control Type
- 9.2.5.7.2Rest of Europe Recloser Market by Phase
- 9.2.5.7.3Rest of Europe Recloser Market by Voltage Rating
- 9.2.5.7.4Rest of Europe Recloser Market by Insulation Medium
- 9.3Asia Pacific Recloser Market
- 9.3.1Asia Pacific Recloser Market by Control Type
- 9.3.1.1Asia Pacific Electronic Market by Country
- 9.3.1.2Asia Pacific Hydraulic Market by Country
- 9.3.2Asia Pacific Recloser Market by Phase
- 9.3.2.1Asia Pacific Three Phase Market by Country
- 9.3.2.2Asia Pacific Single Phase Market by Country
- 9.3.2.3Asia Pacific Triple Single Phase Market by Country
- 9.3.3Asia Pacific Recloser Market by Voltage Rating
- 9.3.3.1Asia Pacific Upto 15 KV Market by Country
- 9.3.3.2Asia Pacific 16 to 27 KV Market by Country
- 9.3.3.3Asia Pacific 28 to 38 KV Market by Country
- 9.3.4Asia Pacific Recloser Market by Insulation Medium
- 9.3.4.1Asia Pacific Epoxy Market by Country
- 9.3.4.2Asia Pacific Air Market by Country
- 9.3.4.3Asia Pacific Oil Market by Country
- 9.3.5Asia Pacific Recloser Market by Country
- 9.3.5.1China Recloser Market
- 9.3.5.1.1China Recloser Market by Control Type
- 9.3.5.1.2China Recloser Market by Phase
- 9.3.5.1.3China Recloser Market by Voltage Rating
- 9.3.5.1.4China Recloser Market by Insulation Medium
- 9.3.5.2Japan Recloser Market
- 9.3.5.2.1Japan Recloser Market by Control Type
- 9.3.5.2.2Japan Recloser Market by Phase
- 9.3.5.2.3Japan Recloser Market by Voltage Rating
- 9.3.5.2.4Japan Recloser Market by Insulation Medium
- 9.3.5.3India Recloser Market
- 9.3.5.3.1India Recloser Market by Control Type
- 9.3.5.3.2India Recloser Market by Phase
- 9.3.5.3.3India Recloser Market by Voltage Rating
- 9.3.5.3.4India Recloser Market by Insulation Medium
- 9.3.5.4South Korea Recloser Market
- 9.3.5.4.1South Korea Recloser Market by Control Type
- 9.3.5.4.2South Korea Recloser Market by Phase
- 9.3.5.4.3South Korea Recloser Market by Voltage Rating
- 9.3.5.4.4South Korea Recloser Market by Insulation Medium
- 9.3.5.5Australia Recloser Market
- 9.3.5.5.1Australia Recloser Market by Control Type
- 9.3.5.5.2Australia Recloser Market by Phase
- 9.3.5.5.3Australia Recloser Market by Voltage Rating
- 9.3.5.5.4Australia Recloser Market by Insulation Medium
- 9.3.5.6Malaysia Recloser Market
- 9.3.5.6.1Malaysia Recloser Market by Control Type
- 9.3.5.6.2Malaysia Recloser Market by Phase
- 9.3.5.6.3Malaysia Recloser Market by Voltage Rating
- 9.3.5.6.4Malaysia Recloser Market by Insulation Medium
- 9.3.5.7Rest of Asia Pacific Recloser Market
- 9.3.5.7.1Rest of Asia Pacific Recloser Market by Control Type
- 9.3.5.7.2Rest of Asia Pacific Recloser Market by Phase
- 9.3.5.7.3Rest of Asia Pacific Recloser Market by Voltage Rating
- 9.3.5.7.4Rest of Asia Pacific Recloser Market by Insulation Medium
- 9.4LAMEA Recloser Market
- 9.4.1LAMEA Recloser Market by Control Type
- 9.4.1.1LAMEA Electronic Market by Country
- 9.4.1.2LAMEA Hydraulic Market by Country
- 9.4.2LAMEA Recloser Market by Phase
- 9.4.2.1LAMEA Three Phase Market by Country
- 9.4.2.2LAMEA Single Phase Market by Country
- 9.4.2.3LAMEA Oil Market by Country
- 9.4.3LAMEA Recloser Market by Voltage Rating
- 9.4.3.1LAMEA Upto 15 KV Market by Country
- 9.4.3.2LAMEA 16 to 27 KV Market by Country
- 9.4.3.3LAMEA 28 to 38 KV Market by Country
- 9.4.4LAMEA Recloser Market by Insulation Medium
- 9.4.4.1LAMEA Epoxy Market by Country
- 9.4.4.2LAMEA Air Market by Country
- 9.4.4.3LAMEA Oil Market by Country
- 9.4.5LAMEA Recloser Market by Country
- 9.4.5.1Brazil Recloser Market
- 9.4.5.1.1Brazil Recloser Market by Control Type
- 9.4.5.1.2Brazil Recloser Market by Phase
- 9.4.5.1.3Brazil Recloser Market by Voltage Rating
- 9.4.5.1.4Brazil Recloser Market by Insulation Medium
- 9.4.5.2Argentina Recloser Market
- 9.4.5.2.1Argentina Recloser Market by Control Type
- 9.4.5.2.2Argentina Recloser Market by Phase
- 9.4.5.2.3Argentina Recloser Market by Voltage Rating
- 9.4.5.2.4Argentina Recloser Market by Insulation Medium
- 9.4.5.3UAE Recloser Market
- 9.4.5.3.1UAE Recloser Market by Control Type
- 9.4.5.3.2UAE Recloser Market by Phase
- 9.4.5.3.3UAE Recloser Market by Voltage Rating
- 9.4.5.3.4UAE Recloser Market by Insulation Medium
- 9.4.5.4Saudi Arabia Recloser Market
- 9.4.5.4.1Saudi Arabia Recloser Market by Control Type
- 9.4.5.4.2Saudi Arabia Recloser Market by Phase
- 9.4.5.4.3Saudi Arabia Recloser Market by Voltage Rating
- 9.4.5.4.4Saudi Arabia Recloser Market by Insulation Medium
- 9.4.5.5South Africa Recloser Market
- 9.4.5.5.1South Africa Recloser Market by Control Type
- 9.4.5.5.2South Africa Recloser Market by Phase
- 9.4.5.5.3South Africa Recloser Market by Voltage Rating
- 9.4.5.5.4South Africa Recloser Market by Insulation Medium
- 9.4.5.6Nigeria Recloser Market
- 9.4.5.6.1Nigeria Recloser Market by Control Type
- 9.4.5.6.2Nigeria Recloser Market by Phase
- 9.4.5.6.3Nigeria Recloser Market by Voltage Rating
- 9.4.5.6.4Nigeria Recloser Market by Insulation Medium
- 9.4.5.7Rest of LAMEA Recloser Market
- 9.4.5.7.1Rest of LAMEA Recloser Market by Control Type
- 9.4.5.7.2Rest of LAMEA Recloser Market by Phase
- 9.4.5.7.3Rest of LAMEA Recloser Market by Voltage Rating
- 9.4.5.7.4Rest of LAMEA Recloser Market by Insulation Medium
Chapter 10.Company Profiles
- 10.1Schneider Electric SE
- 10.1.1Company Overview
- 10.1.2Financial Analysis
- 10.1.3Segmental and Regional Analysis
- 10.1.4Research & Development Expense
- 10.1.5Recent strategies and developments:
- 10.1.5.1Partnerships, Collaborations, and Agreements:
- 10.1.6SWOT Analysis
- 10.2Eaton Corporation PLC
- 10.2.1Company Overview
- 10.2.2Financial Analysis
- 10.2.3Segmental and Regional Analysis
- 10.2.4Research & Development Expense
- 10.2.5SWOT Analysis
- 10.3ABB Ltd.
- 10.3.1Company Overview
- 10.3.2Financial Analysis
- 10.3.3Segmental and Regional Analysis
- 10.3.4Research & Development Expense
- 10.3.5SWOT Analysis
- 10.4Siemens AG
- 10.4.1Company Overview
- 10.4.2Financial Analysis
- 10.4.3Segmental and Regional Analysis
- 10.4.4Research & Development Expense
- 10.4.5Recent strategies and developments:
- 10.4.5.1Acquisition and Mergers:
- 10.4.6SWOT Analysis
- 10.5General Electric Company
- 10.5.1Company Overview
- 10.5.2Financial Analysis
- 10.5.3Segmental and Regional Analysis
- 10.5.4Research & Development Expense
- 10.5.5SWOT Analysis
- 10.6Hubbell Incorporated
- 10.6.1Company Overview
- 10.6.2Financial Analysis
- 10.6.3Segmental and Regional Analysis
- 10.6.4Research & Development Expenses
- 10.6.5SWOT Analysis
- 10.7S&C Electric Company
- 10.7.1Company Overview
- 10.7.2SWOT Analysis
- 10.8ENTEC Electric & Electronic Co. Ltd.
- 10.8.1Company Overview
- 10.8.2SWOT Analysis
- 10.9G&W Electric
- 10.9.1Company Overview
- 10.9.2Recent strategies and developments:
- 10.9.2.1Acquisition and Mergers:
- 10.9.3SWOT Analysis
- 10.10.NOJA Power Switchgear Pty. Ltd.
- 10.10.1Company Overview
- 10.10.2SWOT Analysis
Chapter 11.Winning imperatives of Recloser Market