South American Reclosers Market is Estimated to Reach $150.1 Million in 2019 - A Report by MicroMarket Monitor
(PRWEB) March 23, 2015 -- The reclosers market in South America is estimated to grow from $116.2 million in 2014 to $150.1 million by 2019, at a CAGR of 5.2% from 2014 to 2019.
Browse through the TOC of South American Reclosers Market for an analysis of industry trends and segments, with the help of various tables and figures.
http://www.micromarketmonitor.com/market/south-america-reclosers-9171218100.html
The South America reclosers market has been segmented on the basis of phase, control, and geography. On the basis of phase, the market has been segmented into single phase, three phase, and single-triple reclosers. On the basis of control, the market has been segmented into hydraulic and electric controls. The report considers Brazil and Argentina, among others, for the geographic analysis of the South American reclosers market.
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Automatic restoration of power, more reliability in distribution systems, decreased customer outage costs, automated data collection, and the need for state-of-the-art technology act as the major drivers for the growth of the reclosers market in South America. High costs associated to installation of reclosers and the lack of government investments for grid stability, among others, may restrain the growth of the South American reclosers market in the coming years.
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In the South American market, the Brazilian segment holds the largest share, as of 2014. The Brazilian segment contributed a major share of 46.1% of the South American reclosers market in 2014.
The report presents a competitive landscape and profiles of the key players in the market including Cooper Industries (Eaton Corp.), ABB Ltd., S&C Electric Company, G&W Electric, and Schneider-Electric, among others.
Related Report:
Europe Recloser Market
The Europe recloser market is estimated to grow at a CAGR of 3.1% from 2014 to 2019. The recloser segment in Russia holds the largest share of the Europe recloser market, as of 2014; however, the segment in Poland is expected to grow at the fastest CAGR of 4.4% during the forecast period of 2014 to 2019.
http://www.micromarketmonitor.com/market/europe-reclosers-9563741541.html
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