Shunt Reactor Market Compensation, Power System, Manufacturers Design, Shunt Transformer Industry
The global shunt reactor market is expected to grow at a CAGR of 8.4% from 2017 to 2025.
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Market Landscape by Type
• Air-core Dry Type
Key Point from Table of Content
7. Company profiles
7.1. ABB Ltd.
7.1.2. Financials and business segments
7.1.3. Recent Developments
7.2. Siemens AG
7.2.2. Financials and business segments
7.2.3. Recent Developments
7.3. Crompton Greaves Limited
7.3.2. Financials and business segments
7.3.3. Recent Developments
7.4.1. Overview (shunt reactor calculation market)
7.4.2. Financials and business segments
7.4.3. Recent Developments
7.5.1. Overview (shunt reactor compensation market)
7.5.2. Financials and business segments
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Drivers: (function of reactor in substation market)
• Augmentation and modernization of transmission and distribution network is anticipated to increase the demand for shunt reactor during the forecast period.
• The globally increasing demand for electricity is expected to increase market demand for shunt reactors in the forecast period.
• Less power transmission losses because of shunt reactors is projected to increase the incorporation of shunt reactor in the electricity distribution systems thereby resulting in the growth of the market.
• Replacement of aged technology in developed nations is fueling market growth during the forecast period.
• Development of alternate technologies may cause a slowdown in the shunt reactor market.
The top players in the global shunt reactor market include ABB Ltd., Siemens AG, Crompton Greaves Limited, Alstom, Zaporozhtransformator, Tebian Electric Apparatus Stock Company Ltd., (shunt reactor design market) Hyundai Heavy Industries Co., Ltd., Fuji Electric Co., Ltd., Toshiba Corporation, and Mitsubishi Electric Corporation.
Market Landscape by Application
• Electrical Utilities (electrical reactor market)
• Industrial Verticals (current limiting reactor market)
Discount on report: https://www.progressivemarkets.com/get-discount/shunt-reactor-market
Market Landscape by Geography
• North America
o Rest of Europe
The global shunt reactor market is segmented based on type, application, and geography. Based on type, the market is divided into oil-immersed and air-core dry type. According to application, the market is categorized into electrical utilities and industrial verticals. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.
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