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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 pockets driven by several factors. The growing integration of renewable energy sources like solar and wind farms necessitates solutions for managing intermittency and ensuring grid stability. Reclosers are increasingly being viewed as a cost-effective way to integrate these renewable sources effectively. Aging infrastructure requires upgrades for improved reliability and efficiency. Reclosers with advanced features like communication modules and data analytics capabilities can contribute to grid modernization efforts by facilitating remote monitoring, fault prediction, and proactive maintenance. Consumers and businesses are increasingly reliant on a consistent and reliable power supply. Reclosers can help minimize voltage sags and momentary interruptions, improving overall power quality for end users.

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Only a fewer industrial facilities carry out power line quality assessments regularly for maintenance. Such environments are common places for fast-transient power interruptions. These fast-transient power disruption events distribute throughout the power circuits and can be only regulated by power distribution transformers.

Semiconductor stocks may be positioned for a comeback. Harsh Kumar of Morgan Keegan talks more about growth opportunities in the sector and which companies he likes.