Global Sectionalizers Market Expands at 5.1% CAGR with Adoption of Power Distribution Systems Integrated with Automatic Sectionalizing Link

Fact.MR envisages the global sectionalizers market to rise at a 5.1% CAGR between 2017 and 2022 to reach a US$1.4 bn by the final forecast year.

Rockville, WA -- (SBWire) -- 07/26/2018 --The global sectionalizers market is predicted to increase demand as manufacturers continue to show high preference over isolators with the rising need of maintaining a constant flow of power transmission. Today, electronic distribution systems are largely integrated with three-phase sectionalizers. There could be telling demand for automated sectionalizers in end-use industries such as manufacturing, healthcare, and food and beverages. Sectionalizers could prove to be extremely vital to avoid voltage fluctuation in electronic distribution systems used in manufacturing as well as residential industries. They could also help avoid unbalanced loading which can disrupt the manufacturing process.

Fact.MR envisages the global sectionalizers market to rise at a 5.1% CAGR between 2017 and 2022 to reach a US$1.4 bn by the final forecast year.

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With development in technology, power distribution systems are observed to be effectively transformed in the recent years. With high demand for distribution intelligence from manufacturers, the global sectionalizers market could gain a strong push in its growth. This could be on account of increased adoption of power distribution systems integrated with automatic sectionalizing link and other technologies.

Demand for Continuous Flow of Electricity Increases Adoption of Three-phase Systems

By type of phase, the global sectionalizers market is classified into three phase and single phase. Among the two, three-phase sectionalizers are anticipated to exhibit a higher CAGR during the aforementioned forecast period. By 2022, they could bag revenue earning worth a US$0.2 bn. Increasing adoption of three-phase systems in different industries could be a result of the rise in the need for continuous flow of energy. On the basis of type of control, the market is segregated into programmable resettable and electronic resettable sectionalizers. It is expected to testify the higher revenue growth of electronic resettable sectionalizers, taking into account its US$0.1 bn valuation achieved in 2017. Nevertheless, programmable resettable sectionalizers could post a higher CAGR.

In terms of voltage rating, the global sectionalizers market is divided into above 27 KW, 15-27 KW, and 0-15 KW. Among these, the 0-15 KW segment could collect greater revenue growth in the coming years. By the final forecast year, it is envisaged to cover revenue earning worth a US$0.1 bn. By type of insulator material, the market is segmented into silicone, porcelain, polymer, polyethylene, and ESP silicone. In 2017, porcelain secured a valuation of US$0.1 bn. It is projected to showcase larger revenue growth until the end of the forecast period. The silicone segment could tread upon the heels of porcelain in terms of revenue.

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Need to Maintain Green and Efficient Production of Foods and Beverages Bodes Well

Food and beverage manufacturers adopting smart electrical distribution systems could create high demand in the global sectionalizers market. These systems help in maintaining green and efficient production of products offered in the industry. Automatic reclosers play an important part in isolating the faulty section of the systems which could negatively affect other parts. Need for uninterrupted power supply for heating and refrigeration is said to have surged in the industry due to rising demand for healthy and safe food products.

Besides food and beverages, demand for sectionalizers is forecast to propel on the back of the healthcare industry as a number of medical devices need electricity to operate. There could be massive demand for smart electrical distribution systems in the industry due to large dependence of medical equipment on electricity. Furthermore, there is an increased need for sectionalizers in the industry due to the need for uninterrupted power supply in clinics and hospitals.

The global sectionalizers market marks the presence of leading players such as Schneider Electric, Eaton Corp., and ABB.

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