PUNE, India, October 7, 2015 /PRNewswire/ --
The report "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 to 2020" published by MarketsandMarkets, The Sectionalizer Market is estimated to reach USD 1.07 Billion in 2015, and is expected to grow USD 1.29 Billion by 2020 at a CAGR of 3.78% from 2015 to 2020.
Browse 66 market data Tables and 55 Figures spread through 179 Pages and in-depth TOC on "Sectionalizer Market"
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The market report defines segments, analyses, and forecasts the global PMSM market. It also identifies the driving and restraining factors of the Sectionalizer Market, with an analysis of trends, opportunities, and competitive landscape. Top market players from the industry segment have been studied in order to track developments, technologies, and other key business strategies that define the vacuum interrupter market environment.
The market on the basis of region has been segmented into the North America, Europe, Asia-Pacific, South America and the Middle East & Africa. The Sectionalizer Market is estimated to reach USD 1.07 Billion in 2015, and is expected to grow USD 1.29 Billion by 2020 at a CAGR of 3.78% from 2015 to 2020.
The Asia-Pacific region is expected to fastest growing market during the next five years
North America dominated the global Sectionalizer Market with market share of about 35.4% in 2014, due to the presence of a robust and advanced distribution network. Asia-Pacific region is expected to grow at a fastest CAGR of 5.03% from 2015 to 2020. The inefficiency of existing distribution infrastructure, the installation of new distribution lines and refurbishment of older distribution ones is anticipated to be the highest in Asia-Pacific.
Three Phase Sectionalizer - Acquires more than half of Sectionalizer Market, by phase type
The Three-Phase Sectionalizer segment is expected to dominate the global market during the forecast period. It is expected to grow at a CAGR of 3.75% during the forecast period. Due to the increasing investment in distribution automation system and smart grid projects globally, the three-phase sectionalizer segment is expected to account for more than 70% of the market in 2015. The single phase type of sectionalizer is used mostly with single-phase reclosers on networks where there are no three-phase loads.
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The report provides insights about the major players operating in this market and the growth strategies adopted by them. The key players of the market such as ABB Ltd. (Switzerland), Bevins (U.S.), Eaton Corp. (Ireland), S&C Electric (U.S.), Hubbell Inc. (Connecticut), and Tavrida Electric (Russia) among others have been profiled in this report.
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