Reclosers are circuit breakers with the capability to isolate or cut-off a part of the entire line in case of failures and overload. They are mounted on long distribution feeders and can restore power quickly and automatically in situations of faults and power disruptions. The increasing focus on the requirement of regulatory toward the supply of uninterrupted power with safe and secure operation of electrical networks is propelling the growth of the global recloser market.
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The growing number of distribution lines across the globe is driving the development of the global recloser market. Reclosers are extensively used in safeguarding of single-phase lines as well as for the expansion of offices, communication and data centers, public apartments, and educational premises. A rise in the implementation of measures to diminish power outages, electrical supply faults, and various operational hazards due to the emergence of trouble on electric lines are further propelling the advancements in the global recloser market. The rapid installation, space savings facility and better mechanical protection are driving the demand for the global market.
Some of the key insights about the global recloser market are given below:
- The global recloser market has five key regions viz. Latin America, North America, Europe, Middle East and Africa, and Asia Pacific that provide us with a better understanding of its working dynamics. Currently, the Asia Pacific region is expected to contribute significantly to the development of the global market owing to the rising demand for electrical energy due to the rapid urbanization and industrialization in the region.
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- The leading players in the global market are expected to witness strong competition in the coming years of the forecast period. Some of the leading brands in the global market include names such as Tavrida Electric India Private Limited, Schneider Electric SE, S&C Electric Company, Hughes Power System AB, ENTEC Electric G&W Electric, and NOJA Power Switchgear Pty Ltd among others.