The report “Reclosers Market - Global Forecast to 2019” defines and segments the global recloser market with an analysis and forecast of the market size. The recloser market is expected to grow from $790.8 Million in 2014 to $957.5 Million by 2019, at a CAGR of 3.9% from 2014 to 2019.
Browse 74 market data tables and 27 figures spread through 90 pages and in-depth TOC on Reclosers Market - Global Forecast to 2019.
Early buyers will receive 10% customization on report.
Reclosers are used to increase the reliability of the distribution network and protect the distribution network when faults are detected. Once the fault is rectified, reclosers enable service continuity by automatically restoring power to the line. Automated reclosers can be used to store data of variables such as time, current, and voltage at the time of line faults in electronic format. The collected data is useful to analyze the cause of the faults.
Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=187393365
Circuit breakers were conventionally used to disconnect the circuit in case of short circuits and overload. Circuit breakers opened the circuits in case of faults and need manual intervention for closing the circuit, so as to ensure that the proper functioning of the circuit network was resumed. This manual intervention consumed time and resulted in losses in the form of customer outage cost. Reclosers are now being used in distribution networks to avoid any such losses.
With the increasing demand for electricity globally, the efficient distribution of electricity is of paramount importance, so as to minimize the losses incurred because of outages in distribution. A robust distribution network is required to ensure the efficient electricity distribution to the end user. Advanced protective systems like reclosers need to be installed for improved reliability and grid stability. Due to the inefficiency of existing distribution infrastructure, the installation of new distribution lines and refurbishment of older distribution ones is anticipated to be the highest in Asia-Pacific. The recloser market in this region is thus expected to be the fastest-growing in the coming years. North America was the largest market for recloser in 2014, due to the presence of a robust and advanced distribution network.
Some of the key players operational in this market include ABB Ltd. (SWITZERLAND), Schneider Electric (Nu-Lec) (France), S&C Electric Company (USA), Tavrida Electric (Russia), Noja Power (Australia), Hubbell Incorporated (USA), G&W Electric (USA), and Xuji (China).
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
1 South Dearborn Street,
21st Floor , Chicago,
Tel: + 1-888-600-6441