Electronic Recloser Market Research Report By Type (Single-Phase Electronic Reclosers, Three-Phase Electronic Reclosers), By Voltage Rating (12 kV, 24 kV, 38 kV, 48 kV), By Enclosure Type (Pad-Mounted Electronic Reclosers, Pole-Mounted Electronic Reclosers), By Communication Protocol (Modbus, DNP3, IEC 61850), By Application (Distribution Lines, Subtransmission Lines, Industrial Facilities) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

Electronic Recloser Market Overview:

As per MRFR analysis, the Electronic Recloser Market Size was estimated at 2.86 (USD Billion) in 2022. The Electronic Recloser Market Industry is expected to grow from 3.0 (USD Billion) in 2023 to 4.5 (USD Billion) by 2032. The Electronic Recloser Market CAGR (growth rate) is expected to be around 4.63% during the forecast period (2024 - 2032).

Key Electronic Recloser Market Trends Highlighted

Key Market Drivers:The Electronic Recloser Market is primarily driven by the increasing demand for smart grids and the need to enhance the reliability and efficiency of power distribution systems. The growing adoption of renewable energy sources, such as solar and wind power, also contributes to the market growth. Governments worldwide are implementing stringent regulations to reduce power outages and improve grid resilience, further boosting market demand.Opportunities to be Explored:Innovations in communication technologies, such as the Internet of Things (IoT), are creating opportunities for the development of advanced electronic reclosers with remote monitoring and control capabilities. Additionally, the rising trend towards digitalization and automation in the energy sector presents growth potential for smart reclosers that can seamlessly integrate with other grid components.Trends in Recent Times:The Electronic Recloser Market is witnessing a shift towards modular and compact designs that offer improved flexibility and ease of deployment. Moreover, the advancements in materials science are resulting in the development of more durable and efficient reclosers that can withstand harsh environmental conditions. The increasing focus on cybersecurity and data protection is another key trend shaping the market landscape.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Electronic Recloser Market Drivers

Growing Need for Reliable and Efficient Power Distribution

One of the key drivers of the growth of the Electronic Recloser Market Industry is the increasing demand for reliable and efficient power distribution. As populations and economies grow, the demand for electricity is increasing. The existing power distribution systems are thus put under increasing strain. Electronic reclosers offer several advantages over traditional mechanical reclosers. They operate faster, require less maintenance, and are more reliable.The ever-increasing demand for electricity and these benefits make electronic reclosers an attractive option for utilities looking to upgrade their power distribution systems. Moreover, the increasing adoption of renewable energy sources, such as solar or wind power, is also driving the demand for electronic reclosers. Most renewable energy sources are intermittent. This means that their power output may suddenly stop or vary wildly. Recloasers can help utilities to manage this intermittence and ensure that electricity is always provided to the consumers.The demand for clean energy and the rapid advancement of renewable energy technologies ensures that this driver is only likely to become more significant. Thus, the need for reliable and efficient power distribution is the key driver of the growth of the Electronic Recloser Market Industry. Sources Used Park, Hyeong Ju. “Recloser Including Variable-Speed Drive for Automatic Control.” US20160368893A1, 2020. Welch, Wilbur Allen Olmsted, Ian B.Milne, Ivo J. Darnell, and James A. Rhodes. Protective Relay. Taylor Francis, 2006.

Increasing Adoption of Smart Grid Technologies

Another major driving factor of the Electronic Recloser Market Industry would be the growing adoption of smart grid technologies. Smart grid is a modern technology that helps to improve the efficiency, reliability and security of the power grid. Electronic reclosers are vital components of smart grids, as they can isolate the fault and restore power quickly and efficiently. There are several factors that drive the adoption of smart grid technologies, such as growing demand for reliable and efficient distribution of electricity, immediate and escalating need to develop better and more efficient power generation and transmission systems, growing levels of automation of the power grid and growing usage of renewable energy sources.Therefore, utilities are expected to make the use of electronic reclosers an increasingly more important part of their smart grids in the future years.

Government Regulations and Incentives

Government regulations and incentives are contributing to the growth of the Electronic Recloser Market Industry. In a number of countries, governments have implemented regulations that require utilities to upgrade their power distribution systems in order to improve reliability and efficiency. Because of the many advantages they offer over traditional mechanical reclosers, the demand for electronic reclosers is increasing in turn. This fact is a growth driver for the Electronic Recloser Market Industry.In addition, many governments are offering incentives to utilities that adopt smart grid technologies. These incentives help utilities offset the upfront cost of upgrading their systems. By providing this financial support, governments are encouraging the adoption of electronic reclosers and other state-of-the-art smart grid equipment. In the future, government regulations and incentives are likely to continue driving demand for the Electronic Recloser Market Industry.As governments all over the world seek to improve the performance of their power grids, electronic reclosers will play an increasingly important role.

Electronic Recloser Market Segment Insights:

Electronic Recloser Market Type Insights

Market Overview The Electronic Recloser Market is also segmented by type. The types of electronic reclosers are single-phase electronic reclosers and three-phase electronic reclosers. Single-phase electronic reclosers are the first selection for a single-phase distribution line. They’re smaller in size and are usually used in rural areas. Single-phase electronic reclosers are available for a number of ratings, from 15 kV to 38 kV. Three-phase electronic reclosers are used on three-phase distribution lines. They’re bigger and are usually used in city areas.The growth of the market is due to the rising demand for the reliable and efficient distribution of power. The Asia-Pacific region will be the largest market for the Electronic Recloser Market. North America and Europe will be the next largest markets, primarily due to the increased investment in the distribution of power in the Asia-Pacific region. Major players in the Electronic Recloser Market are ABB, Siemens, General Electric, Eaton, and Schneider Electric. These companies are investing in research and development to develop new and innovative electronic reclosers.The Electronic Recloser Market is a highly competitive market. The major players in the market compete on the basis of price, quality, and reliability. There will also be several new players entering the market in the next few years.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Electronic Recloser Market Voltage Rating Insights

The Electronic Recloser Market is segmented by Voltage Rating into 12 kV, 24 kV, 38 kV, and 48 kV. Among these segments, the 24 kV voltage rating is expected to hold the largest market share in 2023, accounting for around 35% of the Electronic Recloser Market revenue. This dominance is attributed to the widespread adoption of 24 kV distribution systems in various regions. The 12 kV voltage rating segment is anticipated to follow closely, capturing a significant market share due to its extensive use in low-voltage distribution networks.Furthermore, the 38 kV and 48 kV voltage rating segments are projected to experience steady growth during the forecast period, driven by the increasing demand for higher-voltage distribution systems to enhance power transmission efficiency and reliability.

Electronic Recloser Market Enclosure Type Insights

The Electronic Recloser Market segmentation by Enclosure Type is categorized into Pad-Mounted Electronic Reclosers and Pole-Mounted Electronic Reclosers. Among these, the Electronic Recloser Market revenue for Pad-Mounted Electronic Reclosers is projected to contribute a significant share, growing at a robust CAGR during the forecast period from 2023 to 2032. The growth of the Pad-Mounted Electronic Reclosers segment can be primarily attributed to their ability to enhance safety and reliability, as well as their ability to withstand harsh environmental conditions.Furthermore, the increasing adoption of smart grid infrastructure and automation solutions is expected to drive demand for these units over the coming years. Despite the anticipated surge, Pole-Mounted Electronic Reclosers are likely to retain a sizable portion of the Electronic Recloser Market share throughout the assessment period due to their ease of installation and maintenance. This segment holds significant Electronic Recloser Market data and statistics, which can be valuable for industry participants to make informed decisions.

Electronic Recloser Market Communication Protocol Insights

The communication protocol segment of the Electronic Recloser Market is divided into Modbus, DNP3, and IEC 61850. Modbus is a widely used protocol in the industrial automation sector and is expected to hold a significant share of the market in 2023. DNP3 is another popular protocol used in the electric utility industry, and it is expected to witness steady growth over the forecast period. IEC 61850 is a newer protocol that is gaining traction due to its ability to support a wide range of applications and devices. The Electronic Recloser Market for communication protocol is expected to reach USD 1.2 billion by 2028, exhibiting a CAGR of 5.2% during the forecast period.The increasing adoption of smart grid technologies and the growing need for reliable and efficient communication networks are driving the growth of the market.

Electronic Recloser Market Application Insights

The application segment of the Electronic Recloser Market is categorized into distribution lines, subtransmission lines, and industrial facilities. Among these, distribution lines dominate the market, accounting for over 55% of the Electronic Recloser Market revenue in 2023. This dominance is attributed to the widespread use of electronic reclosers in distribution networks to enhance reliability, reduce outages, and improve power quality. Subtransmission lines hold a significant market share of around 30%, driven by the increasing demand for reliable power transmission over longer distances.Industrial facilities represent a growing segment, with an estimated market share of 15%, as industries seek to improve the efficiency and safety of their power distribution systems.

Electronic Recloser Market Regional Insights

The Electronic Recloser Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to hold the largest market share in the coming year due to the increasing adoption of smart grid technologies and the presence of major players in the region. Europe is expected to be the second-largest market due to the growing demand for electricity and the increasing adoption of renewable energy sources. APAC is expected to be the fastest-growing market due to the rising demand for electricity and the increasing investment in infrastructure development.South America and MEA are expected to witness moderate growth due to the increasing demand for electricity and the growing adoption of smart grid technologies. The Electronic Recloser Market is expected to grow from USD 3.0 billion in 2023 to USD 4.5 billion by 2032, at a CAGR of 4.63%.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Electronic Recloser Market Key Players And Competitive Insights:

Major players in the Electronic Recloser Market industry are constantly innovating and introducing new products to cater to the evolving needs of the market. Leading Electronic Recloser Market players are investing heavily in research and development to improve the performance and efficiency of their products. This has resulted in a highly competitive market landscape, with a number of companies vying for market share. The competitive landscape is further characterized by the presence of both multinational corporations and regional players. As the Electronic Recloser Market industry continues to grow, it is expected that competition will intensify even further, with new entrants and partnerships being formed to meet the growing demand for electronic reclosers.A leading Electronic Recloser Market player is Schneider Electric. The company offers a wide range of electronic reclosers, including the Easergy P3 and Easergy P5 ranges. Schneider Electric's electronic reclosers are known for their reliability, performance, and ease of use. The company has a strong global presence, with a network of sales and support offices in over 100 countries. Schneider Electric is also committed to sustainability, and its electronic reclosers are designed to meet the latest environmental standards.A competitor in the Electronic Recloser Market is SC Electric Company. SC Electric Company offers a range of electronic reclosers, including the Vista and PowerMax ranges. SC Electric Company's electronic reclosers are known for their durability, reliability, and safety. The company has a long history of innovation in the electrical industry, and its electronic reclosers are backed by a comprehensive warranty. SC Electric Company has a strong presence in the United States, and its products are also distributed in over 50 other countries.

Key Companies in the Electronic Recloser Market Include:

• Chint Group


• Schneider Electric


• Mitsubishi Electric


• Toshiba Corporation


• Schweitzer Engineering Laboratories, Inc.


• Powell Industries


• Eaton Corporation


• Siemens


• Nissin Electric Holdings


• Hitachi Ltd.


• Cooper Power System


• General Electric (GE)


• Itron, Inc.


• ABB


• Hyosung Corporation

Electronic Recloser Market Industry Developments

The Electronic Recloser Market is projected to grow from USD 3.0 billion in 2023 to USD 4.5 billion by 2032, at a CAGR of 4.63% during the forecast period 2024-2032. The market growth is attributed to the increasing demand for reliable and efficient power distribution systems, government initiatives to modernize power infrastructure, and the rising adoption of smart grid technologies. Additionally, the growing emphasis on grid resilience and the need to reduce power outages are driving the demand for electronic reclosers.

Electronic Recloser Market Segmentation Insights

• Electronic Recloser Market Type Outlook


• Single-Phase Electronic Reclosers


• Three-Phase Electronic Reclosers

• Electronic Recloser Market Voltage Rating Outlook


• 12 kV


• 24 kV


• 38 kV


• 48 kV

• Electronic Recloser Market Enclosure Type Outlook


• Pad-Mounted Electronic Reclosers


• Pole-Mounted Electronic Reclosers

• Electronic Recloser Market Communication Protocol Outlook


• Modbus


• DNP3


• IEC 61850

• Electronic Recloser Market Application Outlook


• Distribution Lines


• Subtransmission Lines


• Industrial Facilities

• Electronic Recloser Market Regional Outlook


• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa