The Asia Pacific Recloser Market would witness market growth of 5.3% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Recloser Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $166.5 million by 2031. The Japan market is experiencing a CAGR of 4.6% during (2024 - 2031). Additionally, The India market would exhibit a CAGR of 5.9% during (2024 - 2031).
A recloser is a self-contained electric power control device designed to automatically interrupt electrical power flow to protect power lines and electrical equipment from damage due to faults. It operates much like a circuit breaker but with the added capability to automatically re-energize the circuit after a brief delay, typically a few seconds to a few minutes, to determine if the fault has cleared. If the fault is temporary, such as a tree branch briefly contacting a power line, the recloser can restore power without manual intervention, reducing downtime and improving the overall reliability of the electrical grid.
Reclosers are commonly used in distribution systems, especially in rural or remote areas where faults are frequent due to factors like vegetation interference or wildlife contact. They help minimize the duration and extent of power outages by swiftly isolating and restoring power to unaffected grid sections. The main components of a recloser include sensors to detect faults, control electronics to manage the operation, and interrupting mechanisms to open and close the circuit. Modern reclosers often incorporate advanced features such as remote monitoring and control communication capabilities, fault recording for analysis, and coordination with other protective devices to optimize system performance and reliability.
According to the International Trade Administration (ITA), India is the world's third-largest energy consumer. The Ministry of Power reports that peak demand in the country peaked at 223 gigawatts (GW) in June 2023, representing a 3.4% increase compared to the highest point in 2022. Furthermore, it is anticipated that consumption will continue to escalate. Renewable energy capacity in India had reached 179 GW as of May 31st, 2023, according to data from the Ministry of New and Renewable Energy. Solar power constituted 67 GW and wind power 43 GW, respectively, of this total. The remaining components consist of biomass, small hydro, and other sources.
Free Valuable Insights: The Global Recloser Market is Predict to reach USD 1.6 Billion by 2031, at a CAGR of 4.9%
Based on Control Type, the market is segmented into Electronic and Hydraulic. Based on Phase, the market is segmented into Three Phase, Single Phase, and Triple Single Phase. Based on Voltage Rating, the market is segmented into Upto 15 KV, 16 to 27 KV, and 28 to 38 KV. Based on Insulation Medium, the market is segmented into Epoxy, Air, and Oil. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
By Control Type
By Phase
By Voltage Rating
By Insulation Medium
By Country
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