Recloser Market Research Report 2022-2027

November 3, 2022 ⚊ 1 Min read ⚊ Views 92 ⚊ BUSINESS

The global Recloser Market is expected to reach USD 1.3 billion by 2027 from an estimated USD 1.0 billion in 2022, at a CAGR of 5.4% from 2022 to 2027. Automation in the distribution field allows utilities to implement flexible control of distribution systems, which can be used to enhance efficiency, reliability, and quality of electric service. The increasing global demand for electric power and rising investments in smart grids are expected to boost the demand for reclosers during the forecast period.

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Tags: energy market research report, recloser market

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