DUBLIN, Mar. 27, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/k56f5d/europe_recloser) has announced the addition of the "Europe Recloser Market by Phases (Single Phase, Three Phase, Triple Single Phase), By Control (Hydraulic and electric), By Countries - Regional Trend & Forecast to 2019" report to their offering.
The European reclosers market is estimated to grow at a CAGR of 3.1% in the forecast period and the single phase recloser is expected to grow at a CAGR of 1.0%.
The advanced technology 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 and the governments are not investing enough to ensure grid stability that finds certain difficulties in capital expenditure.
Emerging markets that include Russia and Poland have 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.
In 2013, Tavrida Electric (Russia) was considered 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 accounted for about 35% of the market share in the same year.
Scope of the Report
Europe Reclosers Market, by Phases
- Three Phase Recloser
- Single Phase Recloser
Europe Reclosers Market, by Control
Europe Recloser Market, by Country
Europe Recloser Market, by Company
- Tavrida Electric
- Cooper Industries
- Hubbell Incorporated
- Noja Power Switchgear
- S & C Electric Company
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Europe Recloser Market, By Phase
6 Europe Recloser Market, By Control
7 Europe Recloser Market, By Country
8 Europe Recloser Market, By Company
- Abb Ltd. (Switzerland)
- Cooper Industries (Eaton Corp.) (Ireland)
- G&W Electric (Usa)
- Hubbell, Inc. (Usa)
- Noja Power (Australia)
- S&C Electric Company (Usa)
- Schneider Electric Se (France)
- Tavrida Electric (Russia)
For more information visit http://www.researchandmarkets.com/research/k56f5d/europe_recloser
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SOURCE Research and Markets