Recloser Controls Market

Recloser Control Market Outlook (2023 to 2033)

The global recloser control market is valued at US$ 2.1 billion in 2023 and is forecasted to increase to US$ 3.6 billion by 2033, rising at a CAGR of 5.3% from 2023 to 2033 (forecast period).

A recloser is a power switch that cuts off electricity automatically on the occasion of a short circuit. In electronic overhead distribution systems, reclosers are used to find and fix transient defects. A sophisticated recloser control system, which gathers current signals, is mounted outside the reclosers.

Recloser controls come in two main varieties: complete hydraulic recloser controls and electronic recloser controls. With single-phase reclosers, the hydraulic recloser control is typically employed, while three-phase reclosers typically use electronic recloser controls.

With the growing need for power distribution infrastructure, which is anticipated to get stronger over the coming years due to an increase in the demand for energy, the market is anticipated to exhibit steady expansion over the projected period.

The growing need for reclosers will also be supported by the expansion of renewable energy capacity and rising investments in industrial production. Worldwide demand for recloser controls is anticipated to increase steadily as high-voltage direct systems become more widely used across the world.

• In February 2019, Noja Power and RWW Engineering agreed to provide reclosers to Eskom, a South African power utility company. Eskom's technical requirements were met by Noja Power's delivery of 22KV and 33KV reclosers, assuring operator safety.

Due to global lockdowns imposed by various governments in the wake of the COVID pandemic, demand for recloser control decreased substantially in 2020 and 2021. Due to factory and other industrial facility closures, the production of reclosers and sectionalized were hampered. Also, because of lockdowns, which significantly reduced commercial and industrial activity, the outbreak resulted in a decrease in the need for electricity.

Due to various shutdowns, ports and airports were closed on a large scale, which affected the import and export of reclosers. Also, because of the lockdowns, factories and other manufacturing facilities were forced to close, which hampered the availability of raw materials for the production of reclosers.

However, the market for recloser controls has rebounded and is expanding primarily as a result of the rising demand for power across the world. Because of increasing industrialization and urbanization, there is an increase in the need for power as well. Government programs to support renewable energy, and the requirement for grid stability and current sensors, are the main reasons driving the sales of recloser controls.

• In November 2020, to increase the sales of its in-demand intelligent solutions, including circuit breakers, load centers, switchboards, and residential solutions, Eaton invested an amount of US$ 100 million towards the development of electric production and distribution facilities in North America.
• Western Power Distribution (WPD), a United Kingdom-based energy distribution network operator, and First S&C Electric Company, a global grid innovator enhancing power stability and delivery around the world, announced the installation of the first S&C TripSaver cutout-mounted recloser in the United Kingdom, in 2020.

Fact.MR, a market research and competitive intelligence provider, expects that such factors will boost global demand for recloser controls over the coming years.

Report Attributes	Details
Market Size in 2022	US$ 2 Billion
Estimated Market Value (2023)	US$ 2.1 Billion
Projected Market Value (2033)	US$ 3.6 Billion
Global Market Growth Rate (2023 to 2033)	5.3% CAGR
China Market Growth Rate (2023 to 2033)	7.4% CAGR
Companies Profiled	ABB, Ltd. Eaton Corporation G&W Electric Company Siemens AG Hubbell Tavrida General Electric SEL

Why are Organizations Opting to Install Recloser Devices?

“High Demand for Automated Devices to Drive Market Growth”

Urbanization and industrialization have rapidly increased across the world, which has led to a huge growth in the need for power supply. To satisfy this daily demand, it has increased the strain on the infrastructure that produces and supplies electricity.

Also, the expansion of transmission and distribution networks has directly benefited from the rise in the demand for current transformers, necessitating the installation of a sizable number of recloser systems to guard against potential future damage that could result in a complete loss of power.

• On November 18, 2020, Potomac Edison, a division of FirstEnergy Inc., announced plans to renovate substation reclosers in Maryland. 15 substation reclosers were repaired by the company in 2020 as part of a larger effort to increase service dependability for clients throughout its Maryland service area, which started in 2019. Devices support enhanced outage restoration as part of a bigger effort to increase service reliability.

A majority of organizations opt to install automatic recloser control devices out of concern for their safety due to the increasing strain on circuits brought on by continuous power usage. Demand for recloser systems, which regulate operations and minimize the need for human involvement to restore power supply, has increased as a result of rising automation across industries.

“Rising Government Investments on Substations”

Significant contributors to market development are large power production and supply applications in a wide range of industries, including electrical, electronics, and mining. Long-term development will also benefit from increased government spending on advertising and updating older substation services for enhanced operational efficiency. The growth of substation automation can be attributed to the substation data analytics market's rising saturation.

To upgrade the deteriorating power substructure in several countries throughout the world, the industry is observing increased focus on transmission and distribution. The utility sector is also placing more focus on enterprise-based, real-time data to obtain trustworthy information, for the improved management of assets and information, and to support long-term growth.

Which Factor Can Impede Market Expansion to Some Extent?

“High Cost of Recloser Controls and Availability of Less Expensive Alternatives”

High cost of recloser controls as compared to other electrical equipment is an issue being faced by market players. The market is cost-conscious, and while making purchases, pricing players a crucial factor. Market expansion in high-growth regions is being threatened by the availability of less expensive alternatives such as PVBs for reclosers.

“Lack of Product Standardization”

The recloser control market is not standardized. Lack of standards makes it challenging for users to select the ideal product. This is yet another significant obstacle that recloser control manufacturers need to overcome.

Many safety system manufacturers have started making less expensive recloser substitutes. The market for automated reclosers is expanding rapidly, especially in developing countries such as China and India.

Country-wise Insights

Why is the United States Market Experiencing Substantial Growth?

“Increasing Sales of Electrical Networks and Huge Investment in Smart Grids”

A significant need for smart and electrical networks and demand for advanced protection devices are driving the demand for electricity in the United States. Rising domestic demand for reclosers will be driven by the rebuilding of outdated systems, the use of automation technologies, and the installation of new infrastructure.

To protect overhead power lines from various electrical faults and problems, reclosers are used on a wide scale. Many American businesses are making investments in smart grid and distribution automation technology. During the analysis period, this is anticipated to fuel the demand growth for recloser controls in the United States.

Which Countries are Aiding Market Growth in Asia Pacific?

“China and India to Drive Regional Market Growth”

The market in Asia Pacific is expected to grow at a significant rate, pushing the sales of recloser controls due to increased industrialization and rising automation that will require high power distribution quality in countries such as China, India, and South East Asian countries.

• China is the leading market in the region and is anticipated to expand at a CAGR of 7.4% through 2033.

The region is a major consumer of smart grid technologies and the world's leading market for power transmission and distribution. The market is anticipated to be driven by rising electrical energy demand brought on by urbanization and industrialization, improvements in distribution networks, rising demand for power reliability and distribution automation, and significant investments in smart grids.

Category-wise Insights

Why is Demand for Three-phase Recloser Controls High?

“Increasing Demand for Smart Grid technologies”

Single-phase reclosers and three-phase reclosers account for leading market shares. A larger market share belongs to the three-phase sector. The transmission and distribution divisions of the electricity industry typically use three-phase reclosers.

Demand for three-phase recloser control systems is anticipated to grow at a higher CAGR over the course of the forecast period primarily as a result of increased demand for smart grid technologies, rising industrialization, and improved infrastructure.

Will Integral Hydraulic Controls Continue Exhibiting High Demand?

“Easy Maintenance of Hydraulic Controls to Foster Segment Growth”

Throughout the projected period, the hydraulic recloser segment is anticipated to expand significantly. A majority of single-phase and three-phase reclosers use hydraulic systems. They are installed within reclosers and have the ability to detect an overcurrent extremely rapidly and cut the power.

Hydraulic reclosers are far more dependable and require little maintenance, whereas electronic reclosers are very concerned with the possibility of unintentional circuit breaks, which could seriously harm appliances and machinery. Also, hydraulic reclosers are quite inexpensive, which drives up their demand in the international market.

Competitive Landscape

A lot of competition exists in the worldwide substation automation industry. Market leaders are spending on R&D to continuously reinvent their products and are increasingly looking to expand their market share through a variety of tactical mergers, acquisitions, innovation, and a cost-effective product range.

ABB, Eaton, Siemens, G&W, GENERAL ELECTRIC, Schneider Electric, NOJA Power Switchgear Pty Ltd, Stelmec, ARTECHE, ELECTRIC&ELECTRONIC CO. LTD., Brush Group, Elektrolites, Ghorit Electricals, and Iljin Electric are some of the leading companies in the recloser controls market.

• Eaton exhibited a series of recloser devices that will give smart grid applications accuracy and system reliability. This launch will help the demand for the company's goods grow in this cutthroat market. Also, to meet the increased need for power, additional supply and distribution networks have been built.
• Siemens introduced a new Small Modular Recloser in January 2020 as an affordable, low-maintenance substitute for single-phase and oil-filled reclosers.
• The Federal University of Santa Maria in Brazil received reclosers from Tavrida Electric Company in August 2019. (UFSM). As part of the ANEEL (National Electric Energy Agency) R&D effort 'Innovative Solution for Active Management of Distribution Systems', Tavrida Electric helped a Brazilian university develop novel approaches to the operation of intelligent distribution systems.

Key Segments of Recloser Controls Industry Research

• By Type :

  • Integral Hydraulic Controls
  • Electronic Controls

• By Phase :

  • Three-Phase
  • Single-Phase
  • Triple-Single-Phase

• By Application :

  • Substations
  • Power Distribution Systems
  • Line Interfaces

• By Region :

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