DUBLIN, Oct. 20, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/jfgtpz/sectionalizer) has announced the addition of the "Sectionalizer Market by Phase (Single Phase & Three Phase), by Control Type (Resettable Electronic Sectionalizer & Programmable Resettable Sectionalizer), by Voltage Rating (0-15 kV, 15-27 kV, and Above 27 kV), & by Region - Global Trends & Forecast" report to their offering.
The sectionalizer market was valued at USD 1,032.8 Million in 2015 and is projected to register a CAGR of 3.78% during the forecast period to reach USD 1,293 Million in 2020. The market is segmented on the basis of phase type, electronic control type, voltage rating and region. On basis of phase type, three-phase sectionalizer segment held about 72.6% of the total market share in 2014, and is expected to grow at a CAGR of 3.75% during the forecast period.
This report covers the sectionalizer market of major regions, namely, North America, Asia-Pacific, Europe, South America, and Middle East & Africa under different types of phases, and control type. The North American market accounted for a major market share with 35.4% in 2014, whereas the Asia-Pacific market is projected to grow at the highest CAGR of 5.03% from 2015 to 2020.
On the basis of control type, the sectionalizer market has been segmented into resettable electronic and programmable resettable sectionalizer. The resettable programmable sectionalizer is expected to grow at a faster rate as compared to resettable sectionalizer. On the basis of voltage rating sectionalizer market is into 0-15 kV, 15-27 kV, and above 27 kV. Sectionalizer with voltage rating of 0-15 kV is commonly used in the distribution lines for residential areas. This market is expected to reach a value of USD 676.8 million by 2020, at a CAGR of 4.15% during the forecast period.
The key players of the sectionalizer market include ABB Ltd. (Switzerland), Bevins (U.S.), Eaton Corp. (Ireland), S&C Electric (U.S.), Hubbell Inc. (Connecticut), and Tavrida Electric (Russia) among others. New product/technology launches and contracts & agreements are the key strategies adopted by them to achieve growth in the sectionalizer market. These strategies accounted for a share of 36% and 20% respectively of all growth strategies adopted by industry players. Meanwhile, major players are focusing on entering new markets by launching technologically advanced products.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Sectionalizer Market, By Phase Type
7 Sectionalizer Market, By Control Type
8 Sectionalizer Market, By Voltage Rating
9 Sectionalizer Market, By Region
10 Competitive Landscape
11 Company Profiles
- ABB Ltd. - Bevins - Celsa - Eaton Corporation - Elektrolites - Entec Electric & Electronics Co. Ltd. - G&W Electric - Heag - Hubbell Incorporated - Inael - S&C Electric Company - Schneider Electric - Tavrida Electric - Zhiyuan Power Technology Co., Ltd.
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SOURCE Research and Markets