Recloser Market – Rising Investments in Renewables and Distribution Infrastructure are Driving Market
The global recloser market (including sectionalizer) is projected to reach USD 2,461 million by 2025 from an estimated market size of USD 1,943 million in 2020, at a CAGR of 4.8% during the forecast period. The factors driving the market include increasing demand of power, expansion of transmission and distribution (T&D) networks. Additionally increasing investments in renewable energy sector...
Comprehensive Report on Recloser Market Set to Witness Huge Growth by 2025 |Noja Power, ABB, Eaton, Schneider Electric, Siemens
The global recloser market (including sectionalizer) is projected to reach USD 2.4 billion by 2025 from an estimated market size of USD 1.9 billion in 2020, at a CAGR of 4.8% during the forecast period. The global recloser market is set to witness significant growth owing to increasing power demand and expansion of transmission and distribution network globally. Additionally, increasing the...