Recloser Market to Increase at 5.0% CAGR, Reaching $1.5 billion by 2030

marketsandmarkets logo
New Revenue Pockets:  The global recloser market is projected to reach USD 1.5 billion by 2030, showing a growth from the estimated USD 1.1 billion in 2024, with a compound annual growth rate (CAGR) of 5.0% from 2024 to 2030. The recloser market, traditionally focused on enhancing grid reliability and protection in medium voltage distribution networks, is witnessing the emergence of new revenue...