Europe Reclosers Market Is Estimated to Reach ~$131 Million by 2019
In Europe reclosers market, electric control is expected to lead the control of reclosers, which accounted for a major share in 2014.
Pune, India, November 19, 2015 (Newswire.com) - The Europe reclosers market for the forecast period of 2014 to 2019 is expected to reach ~$131 million by 2019 at a CAGR of 3.1%. The Europe reclosers market is segmented by phase, control and countries. Two major controls namely electric and hydraulic are taken into consideration. Very commonly known phases such as single phase and three phase market are used to classify phase’s segment. Though three phase reclosers market is expected to dominate the European Reclosers market by phase followed by single phase reclosers, the latter is estimated to grow at higher rate amongst them.
In 2014, Russia was estimated to hold the largest share of Europe Reclosers market, followed by Poland. Factors affecting the growth of reclosers in Russia are high price and matured power distribution network, resulting in slow growth rate of reclosers market.
The report Reclosers market Europe forecast to 2019 analyses and studies the major market drivers , restraints, opportunities and challenges in Europe
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In Europe reclosers market, electric control is expected to lead the control of reclosers, which accounted for a major share in 2014. It is also the highest growing segment in the controls market. Tavrida Electric (25%), Cooper industries (22%) and Nulec (18%) are the major players in the Europe reclosers market.
Statistics are given by recent research on Europe Reclosers Market Research Analysis and Forecast Report executed by MicroMarket Monitor. This report includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and the company profiles of key players in this market.
Read summary, description and table of contents of Europe Reclosers Market Research Report at- micromarketmonitor.com
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