The size of the global recloser market was worth USD 1.42 billion in 2023. The global market is anticipated to grow at a CAGR of 4.5% from 2024 to 2032 and be worth USD 2.11 billion by 2032 from USD 1.48 billion in 2024.
Factors driving the market include escalated call for electricity and expansion of transmission and distribution (T&D) networks. Furthermore, escalated investments in the renewable energy sector and smart grid projects are also the main factors contributing to the expansion of the market for reclosers and disconnectors. A recloser is an electrical power distribution or protection network. It includes a circuit breaker that can easily detect overcurrent or short circuits in the network. In addition, it has a feature that can be turned off automatically when not in use. Reclosers are employed in electronic overhead distribution systems to detect and shut down temporary faults. It can, among other things, protect a power supply system from a short circuit. A recloser is a switch that can restore an electrical circuit automatically or manually and also remotely after a distraction from service. You can easily detect faults and close and restart to unlock the line. Reclosers are available in three phase-based types: single-phase reclosers, three-phase reclosers, and single and triple reclosers. Reclosers work with a hydraulic mechanism and have a series of separate coils with the line. The operating mechanism is placed outside the reclosers and collects the current signal.
The escalating call for automation of power supply, for better quality and reliability, and the escalating use of electrical equipment and devices, together with the escalating call for adequate protection of these devices, are the main factors for the expansion of the worldwide market of control of reclosers. In addition, escalated investment in mature substation modernization and power line protection is another factor that is predicted to fuel the recloser control market during the foreseen period.
The recloser market is predicted to grow steadily over the foreseen period. The growing prevalence of an efficient power distribution network and the lack of manual intervention to restore power are driving forces for this market. In addition, several companies around the world are adopting this device to reduce costs in the event of a failure, which in turn contributes to the growing call for reclosers. Additionally, the need for automation systems is also driving the market for reclosers around the world. The expansion of reclosers will be influenced primarily by escalated investments in the power distribution sector and technology in the worldwide power industry. The distribution system has experienced an outdated classical infrastructure and a poor distribution network. The reconnection technology is implemented by distribution companies to avoid incidents related to loading imbalances and short circuits. The market share of reclosers under the current regime has escalated in importance due to rapid urbanization, economic expansion, and escalated efforts to develop an efficient power distribution network. In addition, huge investments by government authorities to meet the growing call for network automation, as well as the growing penetration of the smart grid, will boost the prospects for the industry.
However, in the recloser industry, many manufacturers offer cheaper alternatives to these components. Additionally, insufficient government funding is also having a negative impact on the resealable market. Growing competition between the key players and reduced quality of the products are impeding the growth rate of the market.
The industry in the worldwide energy value chain is growing exponentially due to the escalating call for electricity due to the escalating urbanization and industrialization of developing economies. The electricity sector is moving mainly towards the private sector with less state control. With more and more players entering the electricity market, many technologies have been introduced in the electricity generation, transmission, and distribution sectors to offer unique products and technologies.
The high costs associated with purchasing recloser control devices are a major factor limiting the expansion of the worldwide recloser control device market. Additionally, the availability of recloser control alternatives is another factor likely to hamper the expansion of the worldwide market.
Electricity call fell to blocking levels on Sunday, with dramatic cuts in services and industry only partially offset by higher residential use. When containment in Italy and Germany was relaxed in April, electricity call showed the first signs of recovery. This trend continued in May when more countries relaxed the blockade measures. It is deemed that the market shares to have significant growth opportunities in 2021.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 – 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 - 2032 |
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CAGR |
4.5% |
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Segments Covered |
By Phase, Control, Interruption, and Region. |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
ABB Ltd, Cooper Industries (Eaton Corp.), Hubbell, Inc, G&W Electric, Schneider Electric Se, S&C Electric Company, Noja Power, DNK (Xiamen) Electrical Co., Tavrida Electric, Zhejiang Ghorit Electric Equipment Co., Ltd, and Others. |
The single-phase recloser market in 2021 was valued at more than $ 750 million. Quick and easy installation, space savings, and improved mechanical protection are some of the main features that will drive its adoption. These reclosers find an application to protect single-phase lines such as three-phase starter outputs or taps. In addition, the expansion of offices, educational premises, public departments, communication, and data centres will contribute positively to the dynamics of the industry.
The electronic recloser market is predicted to grow more than 6% by 2026. Operational flexibility, easy customization, and advanced protection are some of the must-have features that will drive the call for products. Furthermore, the escalating need to replace conventional hydraulic reconnection systems together with the automated operation of the distribution network will positively improve business prospects.
The market for oil-cut reclosers will grow due to their compact design, ease of handling, and applicability for both cut-off and isolation. High security, versatility, and the ability to protect the system with fewer interruptions are other imperatives that will improve product adoption.
North America is predicted to be the second-largest market for reclosers (including disconnect switches) during the foreseen period. North America's aging electrical infrastructure is creating a call for grid reliability and smarter electrical grids. According to an article published by energy.gov, capital expenditures for electricity distribution in the United States and Canada will exceed $ 40 billion by 2021. These investments include rebuilding existing systems, installing new infrastructure to meet the growing residential call, and deployment of automation technologies. These investments by North American distribution companies in distribution automation systems and smart grid projects would stimulate the market for reclosers and disconnectors, which are employed to protect the overhead distribution line against various faults and overcurrents. The Asia-Pacific region market is predicted to represent the largest share in terms of revenue over the foreseen period. This dominance can be attributed to escalated investment in improving power grids in emerging economies such as China, Japan, and India. The North American market is predicted to register significant expansion, followed by Europe during the foreseen period, due to the escalating call for renewable energy sources in the countries of the region. In addition, the Latin America, Middle East, and African market is predicted to record moderate target market expansion during the foreseen period.
Companies playing a promising role in the global recloser market include ABB Ltd, Cooper Industries (Eaton Corp.), Hubbell, Inc, G&W Electric, Schneider Electric Se, S&C Electric Company, Noja Power, DNK (Xiamen) Electrical Co., Tavrida Electric, Zhejiang Ghorit Electric Equipment Co., Ltd, and Others.
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