Global Recloser Control Market Analysis, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Recloser Control - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Recloser Control market worldwide is projected to grow by US$579.5 Million, driven by a compounded growth of 5.9%.
Electric, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.1 Billion by the year 2025, Electric will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$20.6 Million to the region's size and clout in the next 5 to 6 years. Over US$17.5 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Electric will reach a market size of US$55.6 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.8% over the next couple of years and add approximately US$157.8 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others,
- Beckwith Electric Co., Inc.
- Entec Electric & Electronic Co. Ltd.
- G&W Electric Company
- GE Grid Solutions
- Hubbell, Inc.
- Schneider Electric SA
- Siemens AG
- Tavrida Electric AG
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Recloser Control Market: A Prelude
- Three-Phase Segment to Lead Recloser Control Market
- Global Competitor Market Shares
- Recloser Control Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Distribution Automation for Power Quality and Reliability Drives Growth
- Global Distribution Automation Market: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
- Increasing Use of Recloser Controllers in Substation Automation Drives Demand
- Global Substation Automation Market: Revenues in US$ Million for the Years 2018, 2020, 2022 and 2024
- Asia-Pacific Substation Automation Market: Revenues in US$ Billion by Type for the 2019
- Expansion of T&D Networks: Potential for Growth
- Growth in Renewable Power Generation Augurs Well for Reclosers Market
- Global Renewable Power Generation Capacity in Gigawatts (GW) by Type for the Years 2014, 2016 and 2018
- Upgradation of Existing Substations and Feeder Line Protection: Potential for Market Growth
- Projected Increase in Smart Grid Investments Offers Huge Potential for Recloser Control Market Growth
- Guaranteed Service Programs and Implementation of Performance-Based Incentive Schemes Support Market Growth
- Challenges
- Increasing Competition from Unorganized Sector Hampers Market Growth
- Lack of Investments in Grid Stability from Governments: A Major Growth Restraint
- Innovations and Advancements
- Product Overview
- Recloser Control: Definition
- Recloser Control by Type
- Electric Recloser Control
- Hydraulic Recloser Control
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Recloser Control Market Share (in %) by Company: 2019 & 2025
- Market Analytics
CANADA
JAPAN
CHINA
EUROPE
- Market Facts & Figures
- European Recloser Control Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
V. CURATED RESEARCH
For more information about this report visit https://www.researchandmarkets.com/r/b0euvy
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