DUBLIN, Mar. 27, 2015 /PRNewswire/ --Research and
Markets
(http://www.researchandmarkets.com/research/dd97vn/asia_pacific)
has announced the addition of the "Asia Pacific Recloser Market by
Phases (Single Phase, Three Phase, Triple Single Phase), By Control
(Hydraulic and electric), By Countries - Regional Trend &
Forecast to 2019" report to their offering.
The Asia-Pacific recloser
market size was valued at $174.9
million in 2013, to grow at a CAGR of 5.5% from 2014 to
2019.
Of all the countries in the Asia-Pacific region, China had the largest market share in 2013 of
36.0%. The pole mounted vacuum breaker manufactured by local
players is expected to give tough competition to the global
recloser manufacturers in Chinese recloser market.
The Indian recloser market is expected to drive the growth of the
Asia-Pacific recloser market.
India is one of the bigger markets
for power distribution equipment. The country's GDP is expected to
grow at a higher rate among all the countries in the Asia-Pacific region in the near future. This
is also expected act as an impetus for the power transmission
distribution infrastructure needs in India, which is likely to facilitate the
growth of the Indian recloser market.
The Asia-Pacific recloser market
is segmented on the basis of phases and countries. Most of the
countries in the Asia-Pacific
region are developing countries, which is why they have a
three-phase distribution. The customer outage cost is higher in the
case of industrial customers, which predominantly uses three-phase
power. This is why the recloser market in Asia-Pacific is mostly used for these
three-phase distribution systems.
Asia-Pacific is expected to be the
highest growing region in the global reclosers market. The growth
of this market is mainly driven by factors such as reliability, no
manual interventions to restore power, customer outage cost
reduction, automation/data collection, and the growing power
distribution network. However, factors such as high procurement
cost, availability of cheaper substitutes to recloser, and a lack
of investment by the government in grid stability restrain the
growth of this market. Moreover, emerging economies such as
India and China create growth opportunities for this
market.
The Asia-Pacific reclosers market
is a competitive market with a number of market players with niche
technologies. Currently, the Asia-Pacific reclosers market is estimated to
be dominated by top players such as Shingsung, Xuji, and Hubbell
Ltd. Along with these, other global players such as Tavrida
Electric, Cooper Industries, and S&C Electric Company Inc., are
some of the players that have a significant market share in the
Asia-Pacific region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Asia-Pacific Reclosers Market, By Phase
6 Asia-Pacific Reclosers Market, By Control
7 Asia-Pacific Reclosers Market, By Country
8 Asia-Pacific Reclosers Market, By Company
- Abb Ltd. (Switzerland)
- Cooper Industries (Eaton Corp.) (Ireland)
- Hubbell, Inc. (Usa)
- Noja Power (Australia)
- Schneider Electric Se (France)
- Shinsung (Korea)
- Xuji Electric Corporation (China)
For more information visit
http://www.researchandmarkets.com/research/dd97vn/asia_pacific
Media Contact: Laura Wood
, +353-1-481-1716, press@researchandmarkets.net