Press Release

Recloser Control Market to Grow with a CAGR of 4.19% through 2028

Increasing demand for electricity and expansion of renewable energy are likely to drive the market in the forecast period.

According to TechSci Research report, “Recloser Control Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Recloser Control Market stood at USD 2.18 billion in 2022 and is anticipated to grow with a CAGR of 4.19% in the forecast period. Grid modernization initiatives are a significant driver of the Recloser Control market. As power grids around the world age and face increasing strain from growing electricity demand and the integration of renewable energy sources, the need for modernization becomes imperative. Utilities and governments are recognizing the importance of upgrading aging infrastructure to enhance grid reliability, efficiency, and responsiveness. Recloser control devices play a pivotal role in grid modernization efforts. These intelligent devices are crucial for automating the management of distribution networks, enabling utilities to respond swiftly to faults, reduce downtime, and improve the overall resilience of the electrical grid. As a result, utilities are increasingly investing in advanced recloser control systems to support their grid modernization strategies. The global shift towards smarter, more automated grids, coupled with the growing demand for reliable electricity supply, is fueling the adoption of recloser control technology. Grid modernization initiatives are expected to continue driving substantial growth in the Recloser Control market as utilities seek innovative solutions to meet the evolving challenges of modern power distribution.

The integration of renewable energy sources, such as solar and wind power, is another powerful driver of the Recloser Control market. With the global emphasis on reducing carbon emissions and transitioning to sustainable energy generation, the deployment of renewable energy installations is on the rise. However, renewable energy sources are inherently intermittent and can introduce instability into the electrical grid. Recloser control devices play a crucial role in managing these fluctuations by automatically detecting and isolating faults, ensuring grid stability, and reducing the risk of power outages. As countries worldwide strive to incorporate more renewable energy into their energy mix, the demand for recloser control systems that can effectively manage the variability of these sources is increasing. Recloser controls are essential for enabling the seamless integration of renewable energy, providing utilities with the tools needed to maintain grid reliability while facilitating the transition to a cleaner and more sustainable energy future.

In summary, grid modernization initiatives and the integration of renewable energy sources are two prominent drivers propelling the growth of the Recloser Control market. These drivers reflect the industry's response to evolving energy needs and the imperative to enhance the performance and reliability of electrical grids in a changing energy landscape.          
                                      

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Recloser Control Market 

The Global Recloser Control Market is segmented into type, phase, voltage rating, industry vertical and region.

Based on type, The Electric Control segment had the largest market share in 2022 & expected to maintain it in the forecast period. Electric control systems typically offer faster response times compared to hydraulic control systems. This rapid response is critical for modern electrical grids, where minimizing downtime and quickly isolating faults is essential to maintaining grid reliability. Electric recloser controls can detect and respond to faults within milliseconds, helping utilities restore power more efficiently. The global push for smart grid technology, which enhances grid automation and communication, aligns well with electric control systems. Electric recloser controls can be integrated seamlessly into smart grid networks, allowing utilities to remotely monitor and manage distribution systems. This integration supports advanced features such as fault location, isolation, and service restoration (FLISR), improving overall grid efficiency. Electric control systems provide precise control over recloser operations. Utilities can program and adjust settings with a high degree of accuracy, allowing for customized fault detection and response strategies. This level of control enables utilities to fine-tune their distribution networks to specific grid conditions and optimize grid performance. Electric recloser controls often require less maintenance compared to hydraulic systems. They have fewer moving parts, reducing the risk of mechanical failures and the need for frequent servicing. This results in lower maintenance costs and increased reliability, making them an attractive choice for utilities.

Based on phase, The Three-phase segment had the largest market share in 2022 and is projected to experience rapid growth during the forecast period. Three-phase recloser controls are designed to provide comprehensive protection for all three phases of a power distribution system simultaneously. This capability is essential for ensuring the stability and reliability of medium and high-voltage distribution networks. They can detect and respond to faults in all phases, helping utilities maintain grid reliability. In three-phase power distribution systems, it's crucial to maintain balanced power across all phases to prevent voltage and current imbalances. Three-phase recloser controls are well-suited for this purpose, as they can monitor and control each phase to ensure that the load is evenly distributed. Three-phase recloser controls are often preferred for industrial and utility-scale applications, where the reliability and stability of all three phases are critical. These controls are commonly used in substations and distribution systems that serve large industrial facilities, commercial complexes, and critical infrastructure. High-voltage distribution networks, such as those used by utilities for long-distance power transmission, often rely on three-phase recloser controls due to their ability to handle the higher voltages associated with these systems. This makes them essential for maintaining grid reliability in large-scale power distribution. Three-phase recloser controls offer versatility in managing various types of faults, including phase-to-phase and phase-to-ground faults. They can quickly isolate faulty sections and restore power to unaffected areas, minimizing downtime and improving overall grid performance.

Major companies operating in the Global Recloser Control Market are:

  • ABB Ltd
  • Eaton Corporation plc
  • Schneider Electric SE
  • Siemens AG
  • S&C Electric Company
  • G&W Electric Co.
  • NOJA Power Switchgear Pty Ltd
  • ENTEC Electric & Electronic Co. Ltd
  • Tavrida Electric Global
  • Arteche Group

Download Free Sample Report

Customers can also request for 10% free customization on this report.

 

“The Global Recloser Control market is expected to rise in the upcoming years and register a significant CAGR during the forecast period.  The growth of the recloser control market is driven by the increasing investment in distribution automation for power reliability, expansion of distribution networks, and growth in renewable power generation. Reclosers are used to protect distribution lines from short circuits and overloads. They are also used to isolate faulted sections of the network, which helps to restore power to customers more quickly. The increasing investment in distribution automation is one of the key drivers of the recloser control market. Distribution automation is the use of sensors, communication, and control systems to monitor and control the distribution network. This helps to improve the reliability and efficiency of the network. Additionally, The expansion of distribution networks is another key driver of the recloser control market. As the demand for electricity grows, there is a need to expand the distribution network. This requires the installation of new reclosers. Therefore, the market of Recloser Control is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Recloser Control Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Electric Control and Hydraulic Control), By Phase (Three-phase, Single-phase and Triple-single Phase), By Voltage Rating (Up to 15kv, 16-27kv, 28-38kv), By Industry Vertical (Utilities, Industrial, Commercial, Infrastructure), By Region, By Competition”, has evaluated the future growth potential of Global Recloser Control Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Recloser Control Market.


Contact

TechSci Research LLC

420 Lexington Avenue,

Suite 300, New York,

United States- 10170

M: +13322586602

Email: [email protected]

Website: https://www.techsciresearch.com

Relevant News