Single Phase Recloser Market

Single Phase Recloser Market

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Aamir

Author :

Aamir Ansari

Vineet

Fact-checked by :

Vineet Pandey

Swapnil

Editor :

Swapnil Hedau

The global single-phase recloser market size was valued at nearly USD 3.1 Bn in 2022 and is anticipated to reach USD 4.7 Bn by 2031, expanding at a CAGR of 5.1% during 2023 – 2031. The growth of the market is attributed to a significant increase in the demand for power and advancements in power distribution technology resulting in product innovations and launches.

Single-phase reclosers are devices used for opening and closing electrical circuits automatically in electrical power systems. Single-phase reclosers are used as protection against overloads and short circuits. Electrical distribution systems are protected from faults and service reliability improves as a direct fallout of embedding single-phase reclosers in power transmission circuits.

Single Phase Recloser Market Outlook

Single-phase reclosers find applications in power plants, transmission lines, substations, and distribution lines. They are used in manufacturing, oil & gas, and mining. Single-phase reclosers are ideally suited for lateral circuits that experience frequent faults and eliminate permanent outages. Power feeders are saved from momentary interruptions for instances of substation breaker tripping in saving a lateral fuse during a transmission fault.

The market report finds that the COVID-19 pandemic restricted the single-phase recloser market with the forced shutdowns of the infrastructure sector and building construction sites during the pandemic. Lockdown restrictions disrupted the supply chain of raw materials for the manufacturing of single-phase reclosers that hampered the market during the pandemic.

Single-phase Recloser Market Dynamics

Single Phase Recloser Market Dynamics

Major Drivers

Growing demand for single-phase reclosers for renewable energy technologies and energy storage resources is expected to drive the single-phase recloser market. Rising use of single-phase reclosers in the protection of single-phase power transmission lines such as taps of three-phase feeders or branches, which is estimated to propel the market in the coming years.

Existing Restraints

Presence of alternatives to single-phase reclosers in the form of pressure vacuum breakers (PVBs) are likely to hamper the market. High initial investments for power line upgrades are likely to restrain the market.

Emerging Opportunities

Increasing government initiatives and investments in energy sectors around the world are expected to create lucrative opportunities in the market during the forecast period. Growing investments in the development of smart grids for managing electricity transmission from the source of generation to the end-users are expected to provide expansion opportunities for the market.

Scope of the Single-phase Recloser Market Report

The report on the global single-phase recloser market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Single-phase recloser Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016 – 2021

Forecast Period

2023–2031

Segmentation

Type (Double Hydraulic System and Single Hydraulic System), Voltage Rating (15 kV, 15/25 kV, 25 kV, and 25/34.5 kV), and Application (Transmission & Distribution Lines, Power Substations, Power Plants, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Siemens; Hubbell Power Systems; Eaton; GE; OMICRON; Solomon Corporation; Hughes Power System; Inmarsat; S&C Electric Company; ABB; Jin Kwang E&C; G&W Electric; Tavrida Electric; Schneider Electric; NOJA Power; Arteche; BRUSH Group; ENTEC Electric Global Tavrida Electrical Global; and Iljin Electric.

Single-phase Recloser Market Segment Insights

On the basis of type, the single-phase recloser market is bifurcated into double hydraulic system and single hydraulic system. The single hydraulic system segment is expected to dominate the market during the forecast period, owing to the single pump operation system of hydraulic pumps. Single hydraulic systems are used with limited space components, which are likely to boost the segment during the forecast period.

The double hydraulic system segment is expected to expand exponentially in the coming years due to the application of two hydraulic systems operating the recloser. Double hydraulic systems are used in reliable power resources such as power plants and substations, which in turn, propels the segment.

Single Phase Recloser Market Type

On the basis of voltage rating, the single-phase recloser market is divided into 15 kV, 15/25 kV, 25 kV, and 25/34.5 kV. The 15 kV segment is projected to hold a key revenue share of the market due to the implementation of single-phase reclosers as high-voltage electric switches. Single-phase reclosers act as circuit breakers to household electric lines shutting off electric power short circuits and abrupt power outages, which is likely to boost the segment during the forecast period.

Based on application, the market is divided into transmission & distribution lines, power substations, power plants, and others. The power plant segment is expected to expand at a significant pace during the projection period, owing to the reduction in downtime of power plants through the automatic restoration of power achieved through the use of a single-phase recloser. Single-phase reclosers ensure the safety of power plants through the detection of faults at the early stages of power transmission, which is expected to boost the segment during the forecast period.

The power substation segment is expected to expand exponentially in the coming years due to the growing applications of single-phase reclosers in protecting the incoming power transmission lines from overload and short circuits. Reduction of power fluctuations and prevention of damages to electric power transmission and distribution equipment is a major advantage of single-phase reclosers, which is likely to propel the segment.

Single Phase Recloser Market Application

In terms of region, the global single-phase recloser market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period due to the high demand for power in the commercial and residential sectors.

The market in Asia Pacific is projected to grow at a rapid pace in the coming years, owing to rapid infrastructure developments and growing industrialization. The developing power distribution & transmission networks in the region are expected to fuel the market in the region.

Single Phase Recloser Market Region

Segments

The global single-phase recloser market has been segmented on the basis of

Type

  • Double Hydraulic System
  • Single Hydraulic System

Voltage Rating

  • 15 kV
  • 15/25 kV
  • 25 kV
  • 25/34.5 kV

Application

  • Transmission & Distribution Lines
  • Power Substations
  • Power Plants
  • Others

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Siemens
  • Hubbell Power Systems
  • Eaton
  • GE
  • OMICRON
  • Solomon Corporation
  • Hughes Power System
  • Inmarsat
  • S&C Electric Company
  • ABB
  • Jin Kwang E&C
  • G&W Electric
  • Tavrida Electric
  • Schneider Electric
  • NOJA Power
  • Arteche
  • BRUSH Group
  • ENTEC Electric Global Tavrida Electrical Global
  • Iljin Electric

Competitive Landscape

Players in the single-phase recloser market include Siemens; Hubbell Power Systems; Eaton; GE; OMICRON; Solomon Corporation; Hughes Power System; Inmarsat; S&C Electric Company; ABB; Jin Kwang E&C; G&W Electric; Tavrida Electric; Schneider Electric; NOJA Power; Arteche; BRUSH Group; ENTEC Electric Global Tavrida Electrical Global; and Iljin Electric. These companies engage in strategies such as acquisitions, collaboration, mergers, partnerships, and product launches to boost their market share.

  • In January 2021, ABB, a leader in technology for electrification and automation, completed the delivery of low-voltage digital solutions for the Shanghai Bailonggang Wastewater Treatment Plant project in China to reduce downtime of the establishment.

Single Phase Recloser Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Single-phase Recloser Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Single-phase Recloser Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Single-phase Recloser Market - Supply Chain
  4.5. Global Single-phase Recloser Market Forecast
     4.5.1. Single-phase Recloser Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Single-phase Recloser Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Single-phase Recloser Market Absolute $ Opportunity
5. Global Single-phase Recloser Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Single-phase Recloser Market Size and Volume Forecast by Types
     5.3.1. Double Hydraulic System
     5.3.2. Single Hydraulic System
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Single-phase Recloser Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Single-phase Recloser Market Size and Volume Forecast by Applications
     6.3.1. Transmission & Distribution Lines
     6.3.2. Power Substations
     6.3.3. Power Plants
     6.3.4. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Single-phase Recloser Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Single-phase Recloser Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Single-phase Recloser Demand Share Forecast, 2019-2026
8. North America Single-phase Recloser Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Single-phase Recloser Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Single-phase Recloser Market Size and Volume Forecast by Types
     8.4.1. Double Hydraulic System
     8.4.2. Single Hydraulic System
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Single-phase Recloser Market Size and Volume Forecast by Applications
     8.7.1. Transmission & Distribution Lines
     8.7.2. Power Substations
     8.7.3. Power Plants
     8.7.4. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Single-phase Recloser Demand Share Forecast, 2019-2026
9. Latin America Single-phase Recloser Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Single-phase Recloser Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Single-phase Recloser Market Size and Volume Forecast by Types
     9.4.1. Double Hydraulic System
     9.4.2. Single Hydraulic System
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Single-phase Recloser Market Size and Volume Forecast by Applications
     9.7.1. Transmission & Distribution Lines
     9.7.2. Power Substations
     9.7.3. Power Plants
     9.7.4. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Single-phase Recloser Demand Share Forecast, 2019-2026
10. Europe Single-phase Recloser Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Single-phase Recloser Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Single-phase Recloser Market Size and Volume Forecast by Types
     10.4.1. Double Hydraulic System
     10.4.2. Single Hydraulic System
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Single-phase Recloser Market Size and Volume Forecast by Applications
     10.7.1. Transmission & Distribution Lines
     10.7.2. Power Substations
     10.7.3. Power Plants
     10.7.4. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Single-phase Recloser Demand Share Forecast, 2019-2026
11. Asia Pacific Single-phase Recloser Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Single-phase Recloser Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Single-phase Recloser Market Size and Volume Forecast by Types
     11.4.1. Double Hydraulic System
     11.4.2. Single Hydraulic System
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Single-phase Recloser Market Size and Volume Forecast by Applications
     11.7.1. Transmission & Distribution Lines
     11.7.2. Power Substations
     11.7.3. Power Plants
     11.7.4. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Single-phase Recloser Demand Share Forecast, 2019-2026
12. Middle East & Africa Single-phase Recloser Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Single-phase Recloser Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Single-phase Recloser Market Size and Volume Forecast by Types
     12.4.1. Double Hydraulic System
     12.4.2. Single Hydraulic System
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Single-phase Recloser Market Size and Volume Forecast by Applications
     12.7.1. Transmission & Distribution Lines
     12.7.2. Power Substations
     12.7.3. Power Plants
     12.7.4. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Single-phase Recloser Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Single-phase Recloser Market: Market Share Analysis
  13.2. Single-phase Recloser Distributors and Customers
  13.3. Single-phase Recloser Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Siemens
     13.4.2. Hubbell Power Systems
     13.4.3. Eaton
     13.4.4. GE
     13.4.5. OMICRON
     13.4.6. Solomon Corporation
     13.4.7. Hughes Power System
     13.4.8. Inmarsat
     13.4.9. S&C Electric Company
     13.4.10. ABB
     13.4.11. Jin Kwang E&C
     13.4.12. G&W Electric
     13.4.13. Tavrida Electric
     13.4.14. Schneider Electric
     13.4.15. NOJA Power
     13.4.16. Arteche
     13.4.17. BRUSH Group
     13.4.18. ENTEC Electric Global Tavrida Electrical Global
     13.4.19. Iljin Electric

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