| Product Code: ETC4522525 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India recloser market import shipment demonstrated exceptional growth from 2020 to 2024, with a remarkable CAGR of 85.8%. The growth momentum accelerated significantly between 2023 and 2024, showing a staggering growth rate of 1337.3%. The market expanded rapidly, indicating a strong upward trend and robust demand for reclosers in India.
The India Recloser market is a crucial component of electrical distribution systems, offering a means to automatically interrupt and restore electrical power during faults or outages. Reclosers enhance the reliability of power supply by reducing downtime and improving system resilience. As India energy infrastructure expands and grid reliability becomes more critical, the recloser market is expected to grow, ensuring consistent power supply and minimizing disruptions.
The recloser market in India is experiencing significant growth, mainly due to the increasing need for reliable and efficient power distribution. Reclosers play a crucial role in minimizing power outages and service interruptions. Factors such as the expansion of the power grid, integration of renewable energy sources, and the need for grid automation are driving the demand for reclosers. Additionally, the growing awareness of the benefits of reclosers in reducing maintenance costs and enhancing grid resilience is stimulating market growth.
Challenges in the recloser market include fault detection accuracy, maintenance, and grid optimization. Developing more reliable and efficient recloser solutions is essential.
The recloser market in India was affected by project delays and supply chain disruptions during the pandemic. As the demand for smart grid solutions and grid reliability increases, the market is expected to rebound.
Companies such as Crompton Greaves (now part of CG Power and Industrial Solutions) and Schneider Electric are notable players in the India recloser market. They offer intelligent recloser solutions to improve grid reliability and reduce outage durations.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Recloser Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Recloser Market Revenues & Volume, 2021 & 2031F |
3.3 India Recloser Market - Industry Life Cycle |
3.4 India Recloser Market - Porter's Five Forces |
3.5 India Recloser Market Revenues & Volume Share, By Phase Type, 2021 & 2031F |
3.6 India Recloser Market Revenues & Volume Share, By Control Type, 2021 & 2031F |
3.7 India Recloser Market Revenues & Volume Share, By Voltage Rating, 2021 & 2031F |
4 India Recloser Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and uninterrupted power supply in India |
4.2.2 Growing investments in upgrading and expanding power distribution infrastructure |
4.2.3 Government initiatives promoting smart grid technologies and automation in the power sector |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with recloser systems |
4.3.2 Lack of skilled workforce for installation and maintenance of reclosers |
4.3.3 Regulatory challenges and delays in project approvals impacting market growth |
5 India Recloser Market Trends |
6 India Recloser Market, By Types |
6.1 India Recloser Market, By Phase Type |
6.1.1 Overview and Analysis |
6.1.2 India Recloser Market Revenues & Volume, By Phase Type, 2021-2031F |
6.1.3 India Recloser Market Revenues & Volume, By Three Phase, 2021-2031F |
6.1.4 India Recloser Market Revenues & Volume, By Single Phase, 2021-2031F |
6.1.5 India Recloser Market Revenues & Volume, By Triple-single Phase, 2021-2031F |
6.2 India Recloser Market, By Control Type |
6.2.1 Overview and Analysis |
6.2.2 India Recloser Market Revenues & Volume, By Electronic , 2021-2031F |
6.2.3 India Recloser Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.3 India Recloser Market, By Voltage Rating |
6.3.1 Overview and Analysis |
6.3.2 India Recloser Market Revenues & Volume, By Up to 15 kV, 2021-2031F |
6.3.3 India Recloser Market Revenues & Volume, By 16-27 kV, 2021-2031F |
6.3.4 India Recloser Market Revenues & Volume, By 28-38 kV, 2021-2031F |
7 India Recloser Market Import-Export Trade Statistics |
7.1 India Recloser Market Export to Major Countries |
7.2 India Recloser Market Imports from Major Countries |
8 India Recloser Market Key Performance Indicators |
8.1 Average duration of power outages in regions where reclosers are deployed |
8.2 Percentage increase in the adoption of smart grid technologies in India |
8.3 Number of power distribution projects incorporating reclosers for grid automation |
9 India Recloser Market - Opportunity Assessment |
9.1 India Recloser Market Opportunity Assessment, By Phase Type, 2021 & 2031F |
9.2 India Recloser Market Opportunity Assessment, By Control Type, 2021 & 2031F |
9.3 India Recloser Market Opportunity Assessment, By Voltage Rating, 2021 & 2031F |
10 India Recloser Market - Competitive Landscape |
10.1 India Recloser Market Revenue Share, By Companies, 2024 |
10.2 India Recloser Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |