Sectionalizers Market

Sectionalizers Market Analysis Report By Phase Type (Single Phase, Three Phase), By Voltage Rating (0-15 kV, 15-27 kV, Above 27 kV), By Insulator Material Type (ESP Silicon, Polyethylene, Polymer, Porcelain), By End Use Industry, By Region - Global Insights 2022 to 2032

Analysis of Sectionalizers market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Global Sectionalizer Market Outlook

The global sectionalizer market is estimated at USD 1.3 Billion in 2022 and is forecast to reach USD 2.4 Billion by 2032, growing at a CAGR of 5.6% during 2022-2032.

Report Attribute

Details

Market size value in 2021A

USD 1.2 Billion

Market estimated value in 2022E

USD 1.3 Billion

Market forecast value in 2032F

USD 2.4 Billion

Global Growth Rate (2022-2032)

CAGR 5.6%

North America Market Size in 2021

USD 298 Million

North America Market Growth Rate (2022-2032)

CAGR 4.7%

Top 5 Companies Market Share in 2021

~32%

Key Companies Profiled

  • ABB
  • Eaton Corp.
  • Schneider Electric
  • Hubbell Incorporated
  • Heag
  • Entec Electric & Electronics
  • Elektrolites
  • Bevins
  • Celsa

Fact.MR estimates that sectionalizer market accounted around ~10% of the global voltage distribution systems market in 2021 due to the fact need for continuous power supply and electricity transmission increases in the manufacturing industry and residential sector. In comparison with electric isolators, automatic sectionalizers may gain more preference in the long run. Sectionalizers with automatic recloser are anticipated to gain strong demand in the manufacturing, healthcare, and food and beverage industries.

Sectionalizers have considerably developed power distribution systems with the advancement of technology. The manufacturing industry increasing the demand for distribution intelligence could set the tone for valuable growth of the global sectionalizers market.

Don't Need a Global Report?

save 40%! on Country & Region specific reports

Sectionalizer Market Historical Overview (2017-2021) Vs. Forecast Outlook (2022-2032)

  • North America sectionalizer market have been generating maximum revenue for sectionalizer manufacturers from past half-decade. Around 24.9% of overall market valuation for sectionalizers was generated by American countries in 2021 which is forecast to surpass valuation of USD 646 Million by 2032 end, growing with 4.7% CAGR. Sectionalizers business in US generated around 59.2% share of total business in 2021 and is projected to grow with exciting CAGR of 5.1% during 2022-2032.
  • Global sectionalizer market grew with CAGR of 2.8% with an absolute $ opportunity of USD 458 Million during 2017-2021.
  • Construction end use industry held the maximum market share ~32.5% in 2021 and is expected to gain 260 BPS within the forecast period by contributing the market with share of ~35.3% by end of 2032 that is around USD 851 Million.
  • Demand of sectionalizer in food and beverage industry is estimated to hold market share of ~24.1% in 2022 and is likely to provide an absolute $ opportunity of USD 306 Million by reaching a market valuation of USD 643 Million in 2032.

More Insights, Lesser Cost (-50% off)

Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR

Region-wise Insights

How North America is projected to Witness Largest Share for Sectionalizer Market during the Forecast Period?

The North America sectionalizer business is expected to provide maximum absolute $ opportunity to its manufacturers comprehended by the availability of strong supply chain networks of sectionalizer players in this region.

Considering the fact that US has been one of the largest healthcare industry over past decade. The healthcare industry is anticipated to significantly amplify the demand in the global sectionalizers business. Since a number of medical devices need electricity to operate, automatic sectionalizers and also reclosers could be highly demanded in healthcare facilities. The growing trend of high adoption of smart electrical distribution system in hospitals and clinics is foretold to bode well for the global sectionalizer’s trade. The demand for sectionalizers could spike up at the global level due to the rising need for uninterrupted power supply in the healthcare industry.

Therefore, US sectionalizer market is estimated at USD 201 Million in 2022 and is forecast to surpass market valuation of USD 403 Million by end of 2032, growing at CAGR of 5.1% during the forecast period.

Moreover, market of sectionalizer in North America is forecast to surpass USD 646 Million in 2032 out of which ~90% share is projected to be generated through US and Canada sectionalizer markets during the same year.

Sectionalizers market forecast by Fact.MR

Category-wise Insights

What is the Demand Scenario of Sectionalizers in Construction Industry?

The report has estimated that during the forecast period, sales of sectionalizers within construction industry will gain highest traction in upcoming half-decade.

Construction may be a low-key industry but have a strong adoption of smart electrical distribution system which is expected to create decent demand for sectionalizers during the course of the forecast period 2022-2032.

The surge in demand for voltage distribution intelligence in a number of cities because of the rising need to integrate continuous power supply could push the growth of the global sectionalizers market. However, there could be a slight drop in the sales of sectionalizers because of the advent of devices that work on batteries as well as rechargeable ones.

Comprehending the aforementioned factors, construction segment in end use industries for sectionalizer is projected to grow at 4.9% CAGR during 2022-2032 and is estimated to value around USD 456 Million in 2022. This segment is projected to cover share around ~32.7% market valuation for sectionalizer by 2022 and is estimated to gain 260 BPS during the assessment period.

Which End Use of Sectionalizer is projected to show Highest CAGR?

The food and beverage industry is another industry projected to augment the demand for sectionalizers. Food and beverage manufacturers heavily depend on large capacity refrigerators to preserve and store their products. Almost 5% of the total power supplied is consumed by the food and beverage industry. Thus, the demand for sectionalizers could be quite strong in the food and beverage industry.

Food and beverage manufacturers need continuous power supply not just for refrigeration but also for heating purpose. Moreover, the manufacturers are expected to provide healthy and safe food and beverages to consumers. All of these factors could promise growth to the global sectionalizers business.

Comprehending the aforementioned factors, sectionalizer market in food and beverage domain is estimated at USD 303 Million in 2022 and is forecast to surpass valuation of USD 642 Million, growing at a CAGR of 5.8% during 2022-2032. Moreover, this particular segment is expected to provide absolute $ opportunity of USD 306 Million and gain 250 BPS within next decade.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Competitive Landscape: Top Companies in Sectionalizer Market

The global sectionalizer market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced sectionalizer.

Fact.MR has provided detailed information about price points of top manufacturers of sectionalizer positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

Global Sectionalizer Market Segments

  • By Phase Type, Global Sectionalizer Market is segmented as:

    • Single Phase
    • Three Phase
  • By Voltage Rating, Global Sectionalizer Market is segmented as:

    • 0-15 kV
    • 15-27 kV
    • Above 27 kV
  • By Insulator Material Type, Global Sectionalizer Market is segmented as:

    • ESP Silicon
    • Polyethylene
    • Polymer
    • Porcelain
    • Silicone
  • By End Use Industry, Global Sectionalizer Market is segmented as:

    • Manufacturing
    • Construction
    • Healthcare
    • Food & Beverage
    • Others
  • By Region, Global Sectionalizer Market is segmented as:

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

What is the Global Sectionalizer Market scenario?

The global value of sectionalizer market is estimated to be worth over USD 1.3 Billion in 2022.

How Far is the Global Demand Expected to reach over the Forecast Period?

Value of sectionalizer market in 2032 is forecast to surpass USD 2.4 Billion by 2032 end.

What was the Last 5-year CAGR for the Demand in the Sectionalizer Market?

During 2017-2021, global sectionalizer market grew at 2.8% CAGR.

Which Segment is Expected to Provide Maximum Absolute $ Opportunity during the Forecast Period of 2022-2032 in the Global Sectionalizer Market?

Construction industry is estimated to provide an absolute $ opportunity of USD 395 Million during the forecast period (2022-2032).

Which Region is projected to lead the Sectionalizer Market in 2022?

North America is projected to lead the global sectionalizer market by accounting around ~24.9% of the total market valuation in 2022.

Sectionalizers Market

Schedule a Call