Sectionalizer Market is Expected to Reach USD 1.29 Billion in 2020

Date: 2015-10-12

The market for sectionalizer is expected to grow at a CAGR of 3.78% during the forecast period to reach a projected value of USD 1.29 billion in 2020. The size of the market is determined by different forecast techniques and market share for the top players in the market. Demand for sectionalizers in different regions is analyzed separately to reach the total value market for sectionalizer. 

The increasing investments in distribution automation for power quality, reduction in service outages & increase reliability will drive the market for sectionalizers in the forecast period. Availability of substitute product such as pulse recloser will be a hindrance to sectionalizer market in the next five years. The government incentive schemes & programs to increase power reliability and increase in the smart grid investment worldwide will create opportunity to sectionalizer manufacturers to invest in this market. 

The report provides a full analysis of key companies and competitive analysis of developments recorded in the industry from 2011 to September 2015. Market drivers, restraints, and opportunities of the market have been discussed in detail. The leading players of the market such as ABB Ltd. (Switzerland), Eaton Corp. (Ireland), Schneider Electric (France), Hubbell Inc. (Connecticut), Tavrida Electric (Russia), Entec Electric & Electronics Co. Ltd (Korea), Bevins (U.S.), Celsa (Colombia), Haeg (Chian), Inael (Spain), S&C Electric (U.S.) and G&W Electric (U.S.) among others have been profiled in this report. 

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