- Single Phase
- Triple Phase
- Triple-Single Phase
North America Recloser Market size is expected to be worth USD 403.7 million in 2021, growing at a 4.7% CAGR from 2022 to 2028. The main job of recloser technology deployment is to identify the source of disruption and fault in the utility grid, cut off the power, and then restore the existing supply after the problem period has passed. A variety of reclosers are available on the market to meet this need. Each of these is designed to meet a specific type of fault. Reclosers use stages reclosers to increase redistributive network management endurance. Rising energy demand and the expansion of distribution and transmission (T&D) systems are driving the growth. Rising interest in renewables, as well as power system activities, are propelling the recloser and segmented industries forward. The installation of automatic circuit breakers, or reclosers, is one of the most effective ways to improve service dependability in the power distribution network. The global recloser market is expected to expand in the near future due to various factors such as the private power distribution industry, technological advancement across the power value chain, expansion of the power distribution network, and globally increasing power generation capacity. Accidental circuit breaks have traditionally been a major source of concern in power distribution, causing damage to appliances and property. A normal circuit breaker, for example, will cut out if there is a disturbance in the load balance, whereas reclosers serve entirely by automatic troubleshooting, protection, automation, metering, and data acquisition functionality to maximize system performance in the electrical distribution system and reduce customer outages. The basic role of installing recloser technology is to detect the source of the interruption and fault in the distribution lines, shut out the current, and restore the current supply when the fault time is ended. This is met by a range of reclosers available on the market, each of which works in a specific sort of fault. Reclosers improve the operational sustainability of distributional systems by utilizing phase reclosers and recloser controllers that operate on the core concept of automation.
North America Recloser Market Key Developments:
In July 2021, CPS Energy announced a four-year Accelerated Recloser Deployment Program in which it will install 144 recloser units around San Antonio, Texas. CPS Energy is certain that this initiative will assist them in sectionalizing its circuits for greater management and focus, testing grid faults, and improving reliability and resilience.
Increasing investments in the implementation of distribution automation and grid modernization projects have contributed to boosting the share of the recloser market as the market has grown. According to the International Energy Agency (IEA), USD 8.9 trillion will be invested in electricity transmission and distribution (T&D) infrastructure between 2016 and 2030. As a result, increased technological development for enhancing power quality and grid dependability has enabled corporations to invest in research and development. These factors, taken together, are projected to increase demand for reclosers, which will help in market expansion.
Based on the control type, the hydraulic segment will dominate the market during the forecast period with a market share of 64.8% in 2021.
The recloser market is growing significantly due to increasing distribution automation for improving power quality, and reliability, expansion of transmission & distribution network, and rise in renewable power generation are the major factors propelling the demand for the recloser market.
ABB, Eaton, and Schneider Electric are some of the top companies in the recloser market.
Presence of legacy infrastructure and scarcity of distribution networks can restrain the global recloser market.