Report Code: A00641 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Request Now !Recloser is a fault detecting device which guards the power system against service interruption by automatically opening and re-establishing the line in case of short circuits. The device prevents disruption of transmission service due to temporary faults occurring in an overhead power distribution system.
Demand for automatic restoration capacity of power, high reliability factor in distribution systems, reduction in outage costs, need for automated data collection, and need for high-end technology are among the key driving factors fueling the growth of South America reclosers market. However, exorbitant costs associated with the installation of reclosers and the lack of unified regulations by governments regarding investments ensuring grid stability may hinder the growth of reclosers market in South America.
The South American reclosers market has been segmented on the basis of phase type, control and countries. On the basis of phase type, the market is segmented into single phase, three phase, and triple-single phase. On the basis of control, the market is segmented into electrical and hydraulic. On the basis of countries, the market is segmented into Brazil and Argentina, and rest of South America.
Presence of a large number of market players owing to the strong growth potential has made reclosers market competitive. Expansion of R&D capabilities, innovative product launches, and strategic partnerships & agreements are the key business strategies adopted by market players to consolidate their market position. Key market players operating in this market space include ABB Ltd, Cooper Industries, G&W Electric, S&C Electric Company, and Schneider-Electric, among others.
South America Recloser Market Report Highlights
Aspects | Details |
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By Phase Type |
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By Control |
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By Country |
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Key Market Players | Cooper Industries, ABB Ltd, G&W Electric, S&C Electric Company, Schneider-Electric |
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