Europe Reclosers Market - New Market Study Published

The European reclosers market is estimated to grow at a CAGR of 3.1% in the forecast periodand the single phase recloser is expected to grow at a CAGR of 1.0%. The advancedtechnology of automation, minimum restoring time, improved performance, growth of power distribution networks, electronically collection of data, and reliability are some of the key factors that fuel the growth of reclosers in the European market. However, automation cost is a barrier for the upcoming years andthe governmentsare not investing enough to ensuregrid stability that findscertaindifficulties in capital expenditure.

Emerging markets that include Russia and Polandhave become attractive for companies that are engaged in the development and marketing of reclosers. Control mechanism is crucial for the proper functioning of reclosers. There are two types of control mechanisms for recloser operations-electric control and hydraulic control.

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In 2013, Tavrida Electric (Russia) wasconsidered as the top player in the market, with a market share of 25%, followed by Cooper Industries (Ireland) and Nulec (France) with 22% and 18%, respectively. Other companies operational in this market include Schneider Electric G &W, and other smaller firms, which accountedfor about35% of the market share in the same year.

Scope of the Report

This research report categorizes the European reclosers market into the following segments and sub-segments:

Europe Reclosers Market, by Phases

* Three Phase Recloser
* Single Phase Recloser

Europe Reclosers Market, by Control

* Electric
* Hydraulic

Europe RecloserMarket, by Country

* Russia
* Poland
* Turkey
* U.K
* Others

Europe Recloser Market, by Company

* Tavrida Electric
* Cooper Industries
* Nulec
* Hubbell Incorporated
* Noja Power Switchgear
* S & C Electric Company

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