NEW YORK, Sept. 1, 2015 /PRNewswire/ -- The global recloser
market is expected to grow at a CAGR of 3.9% from 2014 to 2019. The
most important drivers for the growth of this market are the rising
need to reduce customer outage cost and upgrading of power
infrastructure in different regions. Developing countries in
regions, such as Asia Pacific and
RoW are the new revenue pockets for the global recloser market.
The global recloser market report elaborates the important aspects
of the market, including analysis of the value chain, drivers,
restraints, and competitive landscape of major recloser
manufacturers. The report also profiles the key developments
undertaken by recloser manufacturers globally that have a
significant impact on the global recloser market.
The report covers the detailed insight into the segments, such as
phase, control, and region. Based on phase, the market has been
segmented into single phase recloser, three phase recloser, and
triple single recloser. The three phase recloser segment dominated
the global recloser market, and contributed a share of more than
90.0% in 2014. Triple single recloser is the fastest-growing
segment of the global recloser market, owing to the fact that
triple single reclosers can trip each of the three phases, which is
not the case with three phase reclosers.
The global recloser market has also been segmented based on the
type of control used into electrically controlled and hydraulically
controlled. The electrically controlled segment contributed the
higher share to the global recloser market, as these types of
reclosers are more accurate than the hydraulically controlled ones.
Cooper Industries (Eaton Corporation) (Ireland) is the only major manufacturer of the
hydraulic reclosers globally.
Geographically, North America
dominated the global recloser market in terms of revenue. This high
share can be attributed to a robust distribution network and higher
power consumption in this region. The U.S. dominated the North
American recloser market, due to the presence of a robust
distribution network. The Asia-Pacific recloser market is the
fastest-growing market globally, due to the rising need to ensure
uninterrupted power supply and expanding power transmission and
distribution network in this region. Developing countries, such as
India and China are expected to witness high growth in
the Asia-Pacific recloser market,
owing to the increasing demand for electricity from the industrial
sector in these countries.
Read the full report:
http://www.reportlinker.com/p03110109-summary/view-report.html
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