Summary

The global recloser market is on a trajectory to reach USD 1.5 billion by 2030, a notable increase from the estimated USD 1.1 billion in 2024, with a steady CAGR of 5.0% spanning the period from 2024 to 2030. The future of the recloser market is brimming with potential, driven by a confluence of factors that necessitate grid modernization, improved reliability, and environmental considerations. Aging grid infrastructure across the globe necessitates upgrades to prevent outages and ensure reliable power delivery. Reclosers offer a cost-effective solution for enhancing protection in specific sections of the grid. Their ability to automatically isolate faults and minimize outage durations aligns perfectly with the goals of grid modernization initiatives. The increasing penetration of renewable energy sources like wind and solar farms requires robust grid integration solutions. Reclosers play a crucial role here by managing the inherent variability of renewable generation. Their ability to handle fault currents associated with these distributed sources and ensure overall grid stability will be increasingly valuable. Environmental concerns regarding the use of mineral oil in traditional oil-insulated reclosers (OIL reclosers) and SF6 gas in some switchgear alternatives are prompting a shift towards more sustainable options. The future of the recloser market is promising. It hinges on the ability of manufacturers to adapt to evolving grid needs, embrace sustainable technologies, and integrate seamlessly with smart grid systems. By focusing on cost-competitiveness, innovation, and data-driven solutions, the recloser market is poised to play a vital role in ensuring a reliable, efficient, and environmentally conscious power grid of the future. “16-27 kV segment, by voltage taring, to be second-fastest growing market from 2024 to 2030.” Reclosers serve as the workhorses of medium voltage distribution networks, offering automated fault protection and isolation. While they come in a variety of voltage ratings, a crucial segment lies between 16 kV and 27 kV. Reclosers with a voltage rating of 16-27 kV are specifically designed for medium voltage distribution networks. This range effectively covers the most commonly used voltage levels in medium voltage distribution systems, offering a versatile solution for utilities. These reclosers function as automatic circuit interrupters. They continuously monitor the power line for faults using sensors. Upon detecting a fault, they automatically interrupt the current flow using an arc quenching mechanism (oil, vacuum, etc.). Growing environmental regulations and a focus on sustainability are likely to influence the market share within the 16-27 kV range. Solid dielectric reclosers are expected to see increased adoption due to their eco-friendly nature. dvancements in areas like arc quenching technology for AIR reclosers and cost reduction strategies for solid dielectric reclosers could open doors for wider adoption of these sustainable alternatives within the 16-27 kV segment. “Hydraulic segment, by control type, to be the second-largest market from 2024 to 2030.” Hydraulic reclosers have been the backbone of automated fault protection in medium voltage distribution networks for decades. Their functionality revolves around a unique control mechanism that utilizes hydraulics for operation. Similar to other recloser types, hydraulic reclosers function as automatic circuit interrupters. Sensors continuously monitor the power line for faults. Upon detection, a fault current triggers a rapid increase in pressure within a sealed hydraulic circuit. This pressure surge activates a tripping mechanism that interrupts the current flow using internal contacts. The hydraulic system also plays a role in the reclosing sequence. After a pre-programmed delay, the hydraulic pressure is released, allowing the contacts to reclose and re-energize the line. This automated cycle continues for a set number of attempts, aiming to clear temporary faults while isolating persistent ones. Hydraulic reclosers were traditionally the dominant technology within the 16-27 kV recloser segment, finding application in various aspects of medium voltage distribution networks such as distribution feeders, overhead lines, substations (in conjunction with other switchgear). Hydraulic systems necessitate periodic maintenance to ensure proper operation and prevent leaks. This adds to the overall lifecycle cost compared to simpler electronic controls. While their dominance might wane due to the rise of electronic controls, they are likely to remain a viable option for specific applications and within existing infrastructure. As the recloser market evolves, advancements in technology and a focus on cost-effectiveness will determine the future trajectory of hydraulic reclosers. “Middle East & Africa to be fourth largest region in recloser market.” The Middle East and Africa (MEA) recloser market presents a unique landscape with immense potential for future growth. Compared to North America or Europe, the MEA recloser market is in a relatively nascent stage. While some established utilities in the region utilize reclosers, overall penetration remains limited. Similar to other regions, aging grid infrastructure in many MEA countries necessitates upgrades for improved reliability and reduced outages. Reclosers offer a cost-effective solution for enhancing fault protection in specific sections of the grid. Government initiatives aimed at expanding electricity access to remote areas in Africa present an opportunity for reclosers. Their compact size and ease of installation make them suitable for these applications. The growing focus on renewable energy sources like solar and wind farms creates a need for grid integration solutions. Reclosers can manage fault currents associated with these distributed generation sources. The future of the MEA recloser market hinges on addressing specific challenges and capitalizing on emerging trends. Developing innovative financing models that make reclosers more accessible for utilities with limited budgets will be crucial for market expansion. Building local expertise in recloser installation, maintenance, and operation is essential for wider adoption. Training programs and knowledge-sharing initiatives can bridge this gap. The MEA recloser market is on the cusp of significant growth. By addressing challenges related to financing, expertise, and sustainability, and by offering cost-effective solutions with comprehensive support services, manufacturers can tap into the immense potential of this evolving market. Breakdown of Primaries: In-depth interviews with key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, were conducted to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The primary interviews were distributed as follows: By Company Type: Tier 1-30%, Tier 2-55%, and Tier 3-15% By Designation: C-Level-30%, D-Level-20%, and Others-50% By Region: North America–18%, Europe–8%, Asia Pacific–60%, South America–4% and Middle East & Africa–10%. Note: “Others” include sales managers, engineers, and regional managers The tiers of the companies are defined based on their total revenue as of 2021: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3:

ページTOPに戻る

Table of Contents

1 INTRODUCTION 34
1.1 STUDY OBJECTIVES 34
1.2 MARKET DEFINITION 35
1.3 INCLUSIONS AND EXCLUSIONS 35
1.3.1 RECLOSER MARKET, BY PHASE 35
1.3.2 RECLOSER MARKET, BY CONTROL TYPE 35
1.3.3 RECLOSER MARKET, BY VOLTAGE RATING 36
1.3.4 RECLOSER MARKET, BY INSULATION MEDIUM 36
1.3.5 RECLOSER MARKET, BY REGION 36
1.4 MARKET SCOPE 37
1.4.1 MARKET SEGMENTATION 37
1.4.2 REGIONAL SCOPE 37
1.4.3 YEARS CONSIDERED 38
1.5 CURRENCY CONSIDERED 38
1.6 UNITS CONSIDERED 38
1.7 LIMITATIONS 39
1.8 STAKEHOLDERS 39
1.9 SUMMARY OF CHANGES 39
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 1 RECLOSER MARKET: RESEARCH DESIGN 41
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 42
FIGURE 2 DATA TRIANGULATION 42
2.2.1 SECONDARY DATA 43
2.2.1.1 Key data from secondary sources 43
2.2.1.2 List of major secondary sources 43
2.2.2 PRIMARY DATA 44
2.2.2.1 Breakdown of primaries 44
FIGURE 3 KEY INDUSTRY INSIGHTS 44
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 45
FIGURE 5 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR RECLOSERS 45
2.2.2.2 List of key participants in primary interviews 46
2.3 MARKET SIZE ESTIMATION 46
2.3.1 BOTTOM-UP APPROACH 46
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 46
2.3.2 TOP-DOWN APPROACH 47
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 47
2.3.3 DEMAND-SIDE ANALYSIS 48
2.3.3.1 Regional analysis 48
2.3.3.2 Country-wise analysis 49
2.3.3.3 Demand-side assumptions 49
2.3.3.4 Demand-side calculations 49
2.3.4 SUPPLY-SIDE ANALYSIS 50
FIGURE 8 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF RECLOSERS 50
FIGURE 9 RECLOSER MARKET: SUPPLY-SIDE ANALYSIS 50
2.3.4.1 Supply-side assumptions 51
2.3.4.2 Supply-side calculations 51
2.3.5 FORECAST 51
2.3.5.1 Impact of recession on recloser market 51
2.3.5.2 Research assumptions 51
3 EXECUTIVE SUMMARY 52
TABLE 1 RECLOSER MARKET SNAPSHOT 53
FIGURE 10 ASIA PACIFIC DOMINATED RECLOSER MARKET IN 2023 54
FIGURE 11 THREE-PHASE SEGMENT TO HOLD LARGEST SHARE OF RECLOSER MARKET IN 2030 54
FIGURE 12 ELECTRONIC RECLOSERS TO LEAD MARKET THROUGHOUT FORECAST PERIOD 55
FIGURE 13 EPOXY SEGMENT TO EXHIBIT HIGHEST CAGR IN RECLOSER MARKET FROM 2024 TO 2030 55
FIGURE 14 UP TO 15 KV SEGMENT TO COMMAND RECLOSER MARKET BETWEEN 2024 AND 2030 56
4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN RECLOSER MARKET 57
FIGURE 15 EXPANSION OF TRANSMISSION AND DISTRIBUTION NETWORKS TO DRIVE MARKET BETWEEN 2024 AND 2030 57
4.2 RECLOSER MARKET, BY REGION 58
FIGURE 16 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 58
4.3 RECLOSER MARKET IN ASIA PACIFIC, BY CONTROL TYPE AND COUNTRY, 2023 59
FIGURE 17 ELECTRONIC SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES OF RECLOSER MARKET IN 2023 59
4.4 RECLOSER MARKET, BY PHASE 59
FIGURE 18 THREE-PHASE RECLOSERS TO ACCOUNT FOR MAJORITY OF MARKET SHARE IN 2030 59
4.5 RECLOSER MARKET, BY CONTROL TYPE 60
FIGURE 19 ELECTRONIC SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE THAN HYDRAULIC SEGMENT IN 2030 60
4.6 RECLOSER MARKET, BY VOLTAGE RATING 60
FIGURE 20 RECLOSERS WITH VOLTAGE RATINGS OF UP TO 15 KV TO DOMINATE MARKET IN 2030 60
4.7 RECLOSER MARKET, BY INSULATION MEDIUM 61
FIGURE 21 EPOXY SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2030 61
5 MARKET OVERVIEW 62
5.1 INTRODUCTION 62
5.2 MARKET DYNAMICS 63
FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: RECLOSER MARKET 63
5.2.1 DRIVERS 63
5.2.1.1 Strategic focus on grid modernization 63
FIGURE 23 GLOBAL INVESTMENTS IN POWER GRIDS, 2015–2022 64
5.2.1.2 Emphasis on integrating renewable energy sources into power grids 65
FIGURE 24 GLOBAL RENEWABLE ELECTRICITY CAPACITY EXPANSION, 2005–2028 65
5.2.1.3 Expansion of transmission and distribution infrastructure 66
FIGURE 25 INVESTMENTS IN T&D GRIDS, BY COUNTRY, 2018–2022 67
5.2.2 RESTRAINTS 67
5.2.2.1 Substantial upfront cost associated with reclosers 67
5.2.2.2 Standardization and interoperability issues related to reclosers 67
5.2.2.3 Fluctuating copper material prices 68
FIGURE 26 AVERAGE COPPER PRICE PER ANNUM, 2017–2023 (USD/KG) 68
5.2.3 OPPORTUNITIES 69
5.2.3.1 Rapid economic development and population growth in emerging markets 69
FIGURE 27 ENERGY INVESTMENTS IN EMERGING MARKETS, BY SOURCE TYPE, 2019 VS. 2022 69
5.2.3.2 Government-run performance-based incentive schemes for power distribution network operators 70
5.2.3.3 Introduction of reclosers with advanced functionalities 70
5.2.4 CHALLENGES 71
5.2.4.1 Lack of standardized cybersecurity protocols 71
5.2.4.2 Intense competition among market players and potential threat of substitutes 71
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 72
5.3.1 TRENDS INFLUENCING CUSTOMER BUSINESS 72
FIGURE 28 TRENDS IMPACTING CUSTOMER BUSINESS 73
5.4 ECOSYSTEM ANALYSIS 73
FIGURE 29 KEY PLAYERS IN ECOSYSTEM 73
TABLE 2 ROLE OF PARTICIPANTS IN ECOSYSTEM 74
5.5 INVESTMENT AND FUNDING SCENARIO 75
FIGURE 30 FUNDING RAISED BY TOP PLAYERS IN RECLOSER MARKET, 2020–2024 75
TABLE 3 ABB: FUNDING DETAILS 76
TABLE 4 EATON CORPORATION: FUNDING DETAILS 76
TABLE 5 SIEMENS: FUNDING DETAILS 76
TABLE 6 NOJA POWER: FUNDING DETAILS 76
5.6 SUPPLY CHAIN ANALYSIS 76
FIGURE 31 RECLOSER MARKET: SUPPLY CHAIN ANALYSIS 77
5.6.1 RAW MATERIAL PROVIDERS/SUPPLIERS 77
5.6.2 COMPONENT MANUFACTURERS 77
5.6.3 RECLOSER MANUFACTURERS/ASSEMBLERS 77
5.6.4 DISTRIBUTORS 78
5.6.5 END USERS 78
5.6.6 POST-SALES SERVICE PROVIDERS 78
5.7 TECHNOLOGY TRENDS 78
5.7.1 ARTIFICIAL INTELLIGENCE (AI)-BASED AUTOMATIC CIRCUIT RECLOSERS 78
5.7.2 INTERNET OF THINGS (IOT)-CONNECTED AUTOMATIC CIRCUIT RECLOSERS 79
5.8 PRICING ANALYSIS 79
5.8.1 INDICATIVE PRICING ANALYSIS, BY VOLTAGE RATING 79
TABLE 7 INDICATIVE PRICES OF RECLOSERS, BY VOLTAGE RATING, 2023 79
5.8.2 AVERAGE SELLING PRICE TREND, BY REGION 80
FIGURE 32 AVERAGE SELLING PRICE TREND, BY REGION, 2020–2023 80
5.9 KEY CONFERENCES AND EVENTS, 2024–2025 80
TABLE 8 RECLOSER MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 80
5.10 TARIFF AND REGULATORY LANDSCAPE 83
5.10.1 TARIFF ANALYSIS 83
5.10.1.1 Country-wise tariff for HS code 853690-compliant products 83
TABLE 9 IMPORT TARIFFS FOR HS 853690-COMPLIANT LOW-VOLTAGE PROTECTION EQUIPMENT, 2022 83
5.10.1.2 Country-wise tariff for HS code 8535-compliant products 85
TABLE 10 IMPORT TARIFFS FOR HS 8535-COMPLIANT HIGH-VOLTAGE PROTECTION EQUIPMENT, 2022 85
5.10.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 89
5.10.3 CODES AND REGULATIONS RELATED TO RECLOSER MARKET 90
TABLE 15 RECLOSER MARKET: CODES AND REGULATIONS 90
5.11 TRADE ANALYSIS 92
5.11.1 TRADE ANALYSIS FOR ELECTRICAL APPARATUS USED IN SWITCHING OR PROTECTING ELECTRICAL CIRCUITS EXCEEDING 1,000 VOLTS 92
5.11.2 IMPORT DATA 92
TABLE 16 IMPORT SCENARIO FOR HS CODE 8535-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND) 92
FIGURE 33 IMPORT DATA FOR HS CODE 8535-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2018–2022 (USD THOUSAND) 93
5.11.3 EXPORT DATA 93
TABLE 17 EXPORT SCENARIO FOR HS CODE 8535-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD) 93
FIGURE 34 EXPORT DATA FOR HS CODE 8535-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2018–2022 (USD THOUSAND) 94
5.11.4 TRADE ANALYSIS FOR ELECTRICAL APPARATUS USED IN SWITCHING OR PROTECTING ELECTRICAL CIRCUITS NOT EXCEEDING 1,000 VOLTS 95
5.11.5 IMPORT DATA 95
TABLE 18 IMPORT SCENARIO FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD) 95
FIGURE 35 IMPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2018–2022 (USD THOUSAND) 96
5.11.6 EXPORT DATA 96
TABLE 19 EXPORT SCENARIO FOR HS CODE 853690-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD) 96
FIGURE 36 EXPORT DATA FOR HS CODE 853690-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2018–2022 (USD THOUSAND) 97
5.12 PATENT ANALYSIS 98
FIGURE 37 RECLOSER MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2013–2023 98
TABLE 20 RECLOSER MARKET: INNOVATIONS AND PATENT REGISTRATIONS, DECEMBER 2020–DECEMBER 2023 99
5.13 PORTER’S FIVE FORCES ANALYSIS 100
FIGURE 38 PORTER’S FIVE FORCES ANALYSIS FOR RECLOSER MARKET 100
TABLE 21 RECLOSER MARKET: PORTER’S FIVE FORCES ANALYSIS 101
5.13.1 THREAT OF SUBSTITUTES 101
TABLE 22 RECLOSER MARKET: COMPARISON OF SUBSTITUTES 101
5.13.2 BARGAINING POWER OF SUPPLIERS 102
5.13.3 BARGAINING POWER OF BUYERS 102
5.13.4 THREAT OF NEW ENTRANTS 102
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 102
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 103
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 103
FIGURE 39 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END USERS 103
TABLE 23 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END USERS 103
5.15 BUYING CRITERIA 104
FIGURE 40 KEY BUYING CRITERIA FOR TOP 3 END USERS 104
TABLE 24 KEY BUYING CRITERIA FOR TOP 3 END USERS 104
5.16 CASE STUDY ANALYSIS 105
5.16.1 G&W ELECTRIC OFFERS PADMOUNT VIPER-ST RECLOSER TO UTILITY TO ENSURE COMPLIANCE WITH SAFETY STANDARDS 105
5.16.1.1 Problem statement 105
5.16.1.2 Solution 105
5.16.2 BANDERA ELECTRIC COOPERATIVE IMPLEMENTS TRIPSAVER II CUTOUT-MOUNTED RECLOSERS FOR RELIABLE FAULT INTERRUPTION AND EFFECTIVE GRID MANAGEMENT 105
5.16.2.1 Problem statement 105
5.16.2.2 Solution 105
5.16.3 G&W ELECTRIC VIPER DEPLOYS RECLOSER IN PV ARRAY AT STATE COLLEGE 106
5.16.3.1 Problem statement 106
5.16.3.2 Solution 106
6 RECLOSER MARKET, BY PHASE 107
6.1 INTRODUCTION 108
FIGURE 41 RECLOSER MARKET, BY PHASE, 2023 108
TABLE 25 RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 108
TABLE 26 RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 109
6.2 THREE-PHASE 109
6.2.1 GROWING NEED FOR RELIABLE POWER SUPPLY IN RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL SECTORS TO ACCELERATE SEGMENTAL GROWTH 109
TABLE 27 THREE-PHASE: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 109
TABLE 28 THREE-PHASE: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 110
6.3 SINGLE-PHASE 110
6.3.1 INCREASING INVESTMENT IN T&D PROJECTS TO DRIVE MARKET 110
TABLE 29 SINGLE-PHASE: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 110
TABLE 30 SINGLE-PHASE: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 111
6.4 TRIPLE SINGLE-PHASE 111
6.4.1 BETTER NETWORK RELIABILITY AND OVERCURRENT PROTECTION TO BOOST ADOPTION 111
TABLE 31 TRIPLE SINGLE-PHASE: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 111
TABLE 32 TRIPLE SINGLE-PHASE: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 112
7 RECLOSER MARKET, BY CONTROL TYPE 113
7.1 INTRODUCTION 114
FIGURE 42 RECLOSER MARKET, BY CONTROL TYPE, 2023 114
TABLE 33 RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 114
TABLE 34 RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 115
7.2 ELECTRONIC 115
7.2.1 INCREASING INVESTMENT IN SMART GRIDS TO BOOST DEMAND 115
TABLE 35 ELECTRONIC: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 115
TABLE 36 ELECTRONIC: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 116
7.3 HYDRAULIC 116
7.3.1 GROWING NEED FOR RELIABLE BACKUP SOLUTIONS IN POWER DISTRIBUTION NETWORKS TO DRIVE MARKET 116
TABLE 37 HYDRAULIC: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 116
TABLE 38 HYDRAULIC: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 117
8 RECLOSER MARKET, BY VOLTAGE RATING 118
8.1 INTRODUCTION 119
FIGURE 43 RECLOSER MARKET, BY VOLTAGE RATING, 2023 119
TABLE 39 RECLOSER MARKET, BY VOLTAGE RATING, 2020–2023 (USD MILLION) 119
TABLE 40 RECLOSER MARKET, BY VOLTAGE RATING, 2024–2030 (USD MILLION) 119
TABLE 41 RECLOSER MARKET, BY VOLTAGE RATING, 2020–2023 (THOUSAND UNITS) 120
TABLE 42 RECLOSER MARKET, BY VOLTAGE RATING, 2024–2030 (THOUSAND UNITS) 120
8.2 UP TO 15 KV 120
8.2.1 GROWING DEMAND FROM DEVELOPING COUNTRIES OWING TO AFFORDABLE PRICES TO BOOST SEGMENTAL GROWTH 120
TABLE 43 UP TO 15 KV: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 121
TABLE 44 UP TO 15 KV: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 121
TABLE 45 UP TO 15 KV: RECLOSER MARKET, BY REGION, 2020–2023 (THOUSAND UNITS) 121
TABLE 46 UP TO 15 KV: RECLOSER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 122
8.3 16–27 KV 122
8.3.1 SURGING DEMAND FOR RELIABLE POWER SUPPLY FROM INDUSTRIAL AND COMMERCIAL SECTORS TO FUEL SEGMENTAL GROWTH 122
TABLE 47 16–27 KV: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 122
TABLE 48 16–27 KV: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 123
TABLE 49 16–27 KV: RECLOSER MARKET, BY REGION, 2020–2023 (THOUSAND UNITS) 123
TABLE 50 16–27 KV: RECLOSER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 123
8.4 28–38 KV 124
8.4.1 INCREASING USE OF RENEWABLE ENERGY SOURCES TO ACCELERATE MARKET GROWTH 124
TABLE 51 28–38 KV: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 124
TABLE 52 28–38 KV: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 124
TABLE 53 28–38 KV: RECLOSER MARKET, BY REGION, 2020–2023 (THOUSAND UNITS) 125
TABLE 54 28–38 KV: RECLOSER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 125
9 RECLOSER MARKET, BY INSULATION MEDIUM 126
9.1 INTRODUCTION 127
FIGURE 44 RECLOSER MARKET, BY INSULATION MEDIUM, 2023 127
TABLE 55 RECLOSER MARKET, BY INSULATION MEDIUM, 2020–2023 (USD MILLION) 127
TABLE 56 RECLOSER MARKET, BY INSULATION MEDIUM, 2024–2030 (USD MILLION) 127
9.2 OIL 128
9.2.1 STRINGENT ENVIRONMENTAL REGULATIONS TO LIMIT ADOPTION 128
TABLE 57 OIL: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 128
TABLE 58 OIL: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 128
9.3 AIR 129
9.3.1 SIMPLER DESIGN AND MINIMAL MAINTENANCE TO BOOST DEMAND 129
TABLE 59 AIR: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 129
TABLE 60 AIR: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 129
9.4 EPOXY 130
9.4.1 ECO-FRIENDLY DESIGN AND ABILITY TO WITHSTAND HIGH VOLTAGE STRESS TO FUEL MARKET GROWTH 130
TABLE 61 EPOXY: RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 130
TABLE 62 EPOXY: RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 130
10 RECLOSER MARKET, BY REGION 131
10.1 INTRODUCTION 132
FIGURE 45 ASIA PACIFIC TO RECORD HIGHEST CAGR IN RECLOSER MARKET DURING FORECAST PERIOD 132
FIGURE 46 RECLOSER MARKET SHARE (IN TERMS OF VALUE), BY REGION, 2023 133
TABLE 63 RECLOSER MARKET, BY REGION, 2020–2023 (USD MILLION) 133
TABLE 64 RECLOSER MARKET, BY REGION, 2024–2030 (USD MILLION) 133
10.2 ASIA PACIFIC 134
10.2.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC 134
FIGURE 47 ASIA PACIFIC: RECLOSER MARKET SNAPSHOT 135
TABLE 65 ASIA PACIFIC: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 135
TABLE 66 ASIA PACIFIC: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 136
TABLE 67 ASIA PACIFIC: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 136
TABLE 68 ASIA PACIFIC: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 136
TABLE 69 ASIA PACIFIC: RECLOSER MARKET, BY INSULATION MEDIUM, 2020–2023 (USD MILLION) 136
TABLE 70 ASIA PACIFIC: RECLOSER MARKET, BY INSULATION MEDIUM, 2024–2030 (USD MILLION) 137
TABLE 71 ASIA PACIFIC: RECLOSER MARKET, BY VOLTAGE RATING, 2020–2023 (USD MILLION) 137
TABLE 72 ASIA PACIFIC: RECLOSER MARKET, BY VOLTAGE RATING, 2024–2030 (USD MILLION) 137
TABLE 73 ASIA PACIFIC: RECLOSER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 138
TABLE 74 ASIA PACIFIC: RECLOSER MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 138
10.2.1.1 China 138
10.2.1.1.1 Rising investment in clean energy and grid modernization projects to fuel market growth 138
TABLE 75 CHINA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 139
TABLE 76 CHINA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 139
TABLE 77 CHINA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 139
TABLE 78 CHINA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 140
10.2.1.2 Australia 140
10.2.1.2.1 Growing focus on improving network reliability and resilience to drive market 140
TABLE 79 AUSTRALIA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 141
TABLE 80 AUSTRALIA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 141
TABLE 81 AUSTRALIA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 141
TABLE 82 AUSTRALIA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 141
10.2.1.3 India 142
10.2.1.3.1 Government initiatives in electrification projects to stimulate market growth 142
TABLE 83 INDIA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 142
TABLE 84 INDIA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 143
TABLE 85 INDIA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 143
TABLE 86 INDIA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 143
10.2.1.4 South Korea 143
10.2.1.4.1 Rapid transition toward renewable energy sources to accelerate demand 143
TABLE 87 SOUTH KOREA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 144
TABLE 88 SOUTH KOREA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 144
TABLE 89 SOUTH KOREA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 144
TABLE 90 SOUTH KOREA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 144
10.2.1.5 Rest of Asia Pacific 145
TABLE 91 REST OF ASIA PACIFIC: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 145
TABLE 92 REST OF ASIA PACIFIC: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 146
TABLE 93 REST OF ASIA PACIFIC: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 146
TABLE 94 REST OF ASIA PACIFIC: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 146
10.3 NORTH AMERICA 147
10.3.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA 147
FIGURE 48 NORTH AMERICA: RECLOSER MARKET SNAPSHOT 148
TABLE 95 NORTH AMERICA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 148
TABLE 96 NORTH AMERICA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 149
TABLE 97 NORTH AMERICA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 149
TABLE 98 NORTH AMERICA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 149
TABLE 99 NORTH AMERICA: RECLOSER MARKET, BY INSULATION MEDIUM, 2020–2023 (USD MILLION) 149
TABLE 100 NORTH AMERICA: RECLOSER MARKET, BY INSULATION MEDIUM, 2024–2030 (USD MILLION) 150
TABLE 101 NORTH AMERICA: RECLOSER MARKET, BY VOLTAGE RATING, 2020–2023 (USD MILLION) 150
TABLE 102 NORTH AMERICA: RECLOSER MARKET, BY VOLTAGE RATING, 2024–2030 (USD MILLION) 150
TABLE 103 NORTH AMERICA: RECLOSER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 150
TABLE 104 NORTH AMERICA: RECLOSER MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 151
10.3.1.1 US 151
10.3.1.1.1 Pressing need to shift from aging coal-fired power plants to gas-fired flexible power plants to boost demand 151
TABLE 105 US: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 151
TABLE 106 US: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 152
TABLE 107 US: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 152
TABLE 108 US: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 152
10.3.1.2 Canada 152
10.3.1.2.1 Strong focus on increasing proportion of renewables in energy mix to boost demand 152
TABLE 109 CANADA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 153
TABLE 110 CANADA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 153
TABLE 111 CANADA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 153
TABLE 112 CANADA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 154
10.3.1.3 Mexico 154
10.3.1.3.1 Increasing investment in power infrastructure development to foster market growth 154
TABLE 113 MEXICO: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 154
TABLE 114 MEXICO: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 155
TABLE 115 MEXICO: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 155
TABLE 116 MEXICO: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 155
10.4 EUROPE 155
10.4.1 RECESSION IMPACT ON MARKET IN EUROPE 156
TABLE 117 EUROPE: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 156
TABLE 118 EUROPE: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 156
TABLE 119 EUROPE: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 157
TABLE 120 EUROPE: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 157
TABLE 121 EUROPE: RECLOSER MARKET, BY INSULATION MEDIUM, 2020–2023 (USD MILLION) 157
TABLE 122 EUROPE: RECLOSER MARKET, BY INSULATION MEDIUM, 2024–2030 (USD MILLION) 157
TABLE 123 EUROPE: RECLOSER MARKET, BY VOLTAGE RATING, 2020–2023 (USD MILLION) 158
TABLE 124 EUROPE: RECLOSER MARKET, BY VOLTAGE RATING, 2024–2030 (USD MILLION) 158
TABLE 125 EUROPE: RECLOSER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 158
TABLE 126 EUROPE: RECLOSER MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 159
10.4.1.1 Germany 159
10.4.1.1.1 Significant focus on expanding grid infrastructure and power transmission network to drive market 159
TABLE 127 GERMANY: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 160
TABLE 128 GERMANY: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 160
TABLE 129 GERMANY: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 160
TABLE 130 GERMANY: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 160
10.4.1.2 UK 160
10.4.1.2.1 Increasing focus on power generation using renewable sources to propel market 161
TABLE 131 UK: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 161
TABLE 132 UK: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 161
TABLE 133 UK: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 162
TABLE 134 UK: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 162
10.4.1.3 Italy 162
10.4.1.3.1 Shift from natural gas toward renewable energy to stimulate market growth 162
TABLE 135 ITALY: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 163
TABLE 136 ITALY: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 163
TABLE 137 ITALY: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 163
TABLE 138 ITALY: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 164
10.4.1.4 France 164
10.4.1.4.1 Government initiatives to replace aging infrastructure with smart grid technology to provide growth opportunities 164
TABLE 139 FRANCE: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 164
TABLE 140 FRANCE: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 165
TABLE 141 FRANCE: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 165
TABLE 142 FRANCE: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 165
10.4.1.5 Spain 165
10.4.1.5.1 Development of electricity transmission networks to fuel demand 165
TABLE 143 SPAIN: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 166
TABLE 144 SPAIN: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 166
TABLE 145 SPAIN: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 166
TABLE 146 SPAIN: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 167
10.4.1.6 Rest of Europe 167
TABLE 147 REST OF EUROPE: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 167
TABLE 148 REST OF EUROPE: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 168
TABLE 149 REST OF EUROPE: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 168
TABLE 150 REST OF EUROPE: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 168
10.5 MIDDLE EAST & AFRICA 169
10.5.1 RECESSION IMPACT ON MARKET IN MIDDLE EAST & AFRICA 169
TABLE 151 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 169
TABLE 152 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 170
TABLE 153 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 170
TABLE 154 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 170
TABLE 155 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY INSULATION MEDIUM, 2020–2023 (USD MILLION) 170
TABLE 156 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY INSULATION MEDIUM, 2024–2030 (USD MILLION) 171
TABLE 157 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY VOLTAGE RATING, 2020–2023 (USD MILLION) 171
TABLE 158 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY VOLTAGE RATING, 2024–2030 (USD MILLION) 171
TABLE 159 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 172
TABLE 160 MIDDLE EAST & AFRICA: RECLOSER MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 172
10.5.1.1 GCC countries 172
TABLE 161 GCC COUNTRIES: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 173
TABLE 162 GCC COUNTRIES: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 173
TABLE 163 GCC COUNTRIES: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 173
TABLE 164 GCC COUNTRIES: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 173
TABLE 165 GCC COUNTRIES: RECLOSER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 174
TABLE 166 GCC COUNTRIES: RECLOSER MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 174
10.5.1.2 Saudi Arabia 174
10.5.1.2.1 Government policies aiming to reduce carbon emissions to drive market 174
TABLE 167 SAUDI ARABIA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 175
TABLE 168 SAUDI ARABIA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 175
TABLE 169 SAUDI ARABIA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 175
TABLE 170 SAUDI ARABIA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 175
10.5.1.3 UAE 176
10.5.1.3.1 Rapid economic development and increasing demand for power to fuel market growth 176
TABLE 171 UAE: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 176
TABLE 172 UAE: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 176
TABLE 173 UAE: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 176
TABLE 174 UAE: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 177
10.5.1.4 Rest of GCC countries 177
TABLE 175 REST OF GCC COUNTRIES: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 177
TABLE 176 REST OF GCC COUNTRIES: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 178
TABLE 177 REST OF GCC COUNTRIES: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 178
TABLE 178 REST OF GCC COUNTRIES: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 178
10.5.1.5 South Africa 178
10.5.1.5.1 Grid modernization initiative to fuel market growth 178
TABLE 179 SOUTH AFRICA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 179
TABLE 180 SOUTH AFRICA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 179
TABLE 181 SOUTH AFRICA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 179
TABLE 182 SOUTH AFRICA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 180
10.5.1.6 Nigeria 180
10.5.1.6.1 Growing demand for renewable energy to drive market 180
TABLE 183 NIGERIA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 180
TABLE 184 NIGERIA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 181
TABLE 185 NIGERIA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 181
TABLE 186 NIGERIA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 181
10.5.1.7 Rest of Middle East & Africa 181
TABLE 187 REST OF MIDDLE EAST & AFRICA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 182
TABLE 188 REST OF MIDDLE EAST & AFRICA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 182
TABLE 189 REST OF MIDDLE EAST & AFRICA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 182
TABLE 190 REST OF MIDDLE EAST & AFRICA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 183
10.6 SOUTH AMERICA 183
10.6.1 RECESSION IMPACT ON MARKET IN SOUTH AMERICA 183
TABLE 191 SOUTH AMERICA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 183
TABLE 192 SOUTH AMERICA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 184
TABLE 193 SOUTH AMERICA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 184
TABLE 194 SOUTH AMERICA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 184
TABLE 195 SOUTH AMERICA: RECLOSER MARKET, BY INSULATION MEDIUM, 2020–2023 (USD MILLION) 184
TABLE 196 SOUTH AMERICA: RECLOSER MARKET, BY INSULATION MEDIUM, 2024–2030 (USD MILLION) 185
TABLE 197 SOUTH AMERICA: RECLOSER MARKET, BY VOLTAGE RATING, 2020–2023 (USD MILLION) 185
TABLE 198 SOUTH AMERICA: RECLOSER MARKET SIZE, BY VOLTAGE RATING, 2024–2030 (USD MILLION) 185
TABLE 199 SOUTH AMERICA: RECLOSER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 186
TABLE 200 SOUTH AMERICA: RECLOSER MARKET SIZE, BY COUNTRY, 2024–2030 (USD MILLION) 186
10.6.1.1 Brazil 186
10.6.1.1.1 Increasing electrification initiatives to boost demand 186
TABLE 201 BRAZIL: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 187
TABLE 202 BRAZIL: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 187
TABLE 203 BRAZIL: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 187
TABLE 204 BRAZIL: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 187
10.6.1.2 Argentina 188
10.6.1.2.1 Thriving industrial sector to boost demand 188
TABLE 205 ARGENTINA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 188
TABLE 206 ARGENTINA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 188
TABLE 207 ARGENTINA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 189
TABLE 208 ARGENTINA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 189
10.6.1.3 Chile 189
10.6.1.3.1 Advancements in power infrastructure to drive market 189
TABLE 209 CHILE: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 190
TABLE 210 CHILE: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 190
TABLE 211 CHILE: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 190
TABLE 212 CHILE: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 190
10.6.1.4 Rest of South America 191
TABLE 213 REST OF SOUTH AMERICA: RECLOSER MARKET, BY PHASE, 2020–2023 (USD MILLION) 191
TABLE 214 REST OF SOUTH AMERICA: RECLOSER MARKET, BY PHASE, 2024–2030 (USD MILLION) 191
TABLE 215 REST OF SOUTH AMERICA: RECLOSER MARKET, BY CONTROL TYPE, 2020–2023 (USD MILLION) 191
TABLE 216 REST OF SOUTH AMERICA: RECLOSER MARKET, BY CONTROL TYPE, 2024–2030 (USD MILLION) 192
11 COMPETITIVE LANDSCAPE 193
11.1 OVERVIEW 193
11.2 MAJOR STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024 193
TABLE 217 OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, APRIL 2020–FEBRUARY 2024 193
11.3 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS, 2023 195
TABLE 218 RECLOSER MARKET: DEGREE OF COMPETITION, 2023 195
FIGURE 49 RECLOSER MARKET SHARE ANALYSIS, 2023 196
11.4 REVENUE ANALYSIS OF TOP 4 MARKET PLAYERS, 2018–2022 197
FIGURE 50 FIVE-YEAR REVENUE ANALYSIS OF TOP PLAYERS IN RECLOSER MARKET, 2018–2022 197
11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 198
11.5.1 STARS 198
11.5.2 PERVASIVE PLAYERS 198
11.5.3 EMERGING LEADERS 198
11.5.4 PARTICIPANTS 198
FIGURE 51 RECLOSER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 199
11.6 COMPANY FOOTPRINT: KEY PLAYERS 200
FIGURE 52 RECLOSER MARKET: COMPANY FOOTPRINT 200
11.6.1 PHASE FOOTPRINT 201
TABLE 219 COMPANY FOOTPRINT: BY PHASE 201
11.6.2 CONTROL TYPE FOOTPRINT 202
TABLE 220 COMPANY FOOTPRINT: BY CONTROL TYPE 202
11.6.3 INSULATION MEDIUM FOOTPRINT 203
TABLE 221 COMPANY FOOTPRINT: BY INSULATION MEDIUM 203
11.6.4 VOLTAGE RATING FOOTPRINT 204
TABLE 222 COMPANY FOOTPRINT: BY VOLTAGE RATING 204
11.6.5 REGION FOOTPRINT 205
TABLE 223 COMPANY FOOTPRINT: BY REGION 205
11.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 206
11.7.1 PROGRESSIVE COMPANIES 206
11.7.2 RESPONSIVE COMPANIES 206
11.7.3 DYNAMIC COMPANIES 206
11.7.4 STARTING BLOCKS 206
FIGURE 53 RECLOSER MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 207
11.7.5 COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2023 208
11.7.5.1 Detailed list of startups/SMEs 208
TABLE 224 RECLOSER MARKET: LIST OF KEY STARTUPS/SMES 208
11.7.6 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 209
TABLE 225 RECLOSER MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS (STARTUPS/SMES) 209
11.8 COMPANY VALUATION AND FINANCIAL METRICS 209
FIGURE 54 EV/EBITDA OF KEY VENDORS 209
FIGURE 55 COMPANY VALUATION OF KEY VENDORS 210
11.8.1 BRAND/PRODUCT COMPARISON 211
FIGURE 56 BRAND/PRODUCT COMPARISON OF KEY VENDORS 211
11.9 COMPETITIVE SCENARIO AND TRENDS 212
11.9.1 PRODUCT LAUNCHES 212
TABLE 226 RECLOSER MARKET: PRODUCT LAUNCHES, APRIL 2020–FEBRUARY 2024 212
11.9.2 DEALS 213
TABLE 227 RECLOSER MARKET: DEALS, APRIL 2020–FEBRUARY 2024 213
11.9.3 EXPANSIONS 216
TABLE 228 RECLOSER MARKET: EXPANSIONS, APRIL 2020–FEBRUARY 2024 216
11.9.4 OTHERS 216
TABLE 229 RECLOSER MARKET: OTHERS, APRIL 2020–FEBRUARY 2024 216