Group items tagged

The Electric Power Distribution Automation Systems Market is anticipated to reach ... by 2026 according to a new research published by Polaris Market Research.

Electric Power Distribution Automation Systems Market Report, 2026

According to a new market research report,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. The need for additional power plants to cater to the growing energy demands has become imperative due to the increasing global population. The ever-increasing power demand has resulted in the establishment of new power generation and transmission facilities. Hence, utilities need to improve power reliability, increasing the quality of power supplied to the customers. Developing regions such as Asia Pacific, South America, and the Middle East & Africa are some of the largest markets for power generation. Along with power generation, the demand for distribution automation facilities is also increasing similarly. A wide variety of distribution equipment is used to protect electrical distribution networks. These devices include reclosers, fuses, and overcurrent relays. Recloser has helped minimize the duration of a fault in the distribution system. They also help minimize the number of consumers affected by a fault in the system.