Shunt Reactor Detail Industrial and Market studies: Global Industry Analysis and Opportunity Assessment, 2016-2026

"Shunt Reactor Market: Global Industry Analysis and Opportunity Assessment, 2016-2026" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.

Description-

A shunt reactor is an electrical device mainly used to absorb reactive power in an electrical power grid system. In a power transmission and distribution system, the voltage at the receiving end of electrical power is more than that at the origin or less than the voltage at origin due to long transmission distances, this difference in voltage is called reactive power. Shunt reactors are mainly installed at transmission line terminals or in the center of transmission lines in parallel configuration. This layout of installation of shunt reactors in the power grid system absorbs reactive power, minimises distribution losses and regulates voltage throughout the transmission system. Global sales of shunt reactors was valued at US$ 1,996.9 Mn in 2015, and is projected to increase 2.4X by the end of 2026 to be valued at U7$ 4,864.7 Mn. Global sales revenue is expected to register a CAGR of 8.6% over the forecast period.

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Increasing demand for electricity is fuelling the growth of the global shunt reactor market
Key driving factors identified in the global shunt reactor market include expanding electrical distribution network on the backdrop of continually increasing demand for electricity, refurbishment of ageing coal-fired plants and ageing power infrastructure in developed economies, and emergence of microgrids and interconnection of local and regional grids. However, increasing product life and component costs can inhibit new product sales to some extent and act as a restraint in the global shunt reactor market.

Oil-immersed shunt reactor segment to exhibit a strong growth
The oil-immersed shunt reactor segment accounted for 64.8% share of the global shunt reactor market in 2015. This segment is projected to remain dominant over the forecast period, with increasing Y-o-Y growth of 6.7% to 8.9% from 2016 to 2026.
Three phase shunt reactor segment expected to remain dominant over the forecast period
In terms of value and volume, the three phase shunt reactor segment dominated the global shunt reactor market in 2015. The segment is estimated to account for 58.3% market value share by the end of 2016. The segment is projected to remain dominant over the forecast period, with increasing Y-o-Y growth of 6.7% to 9.1% from 2016 to 2026. Increasing number of industrial establishments and growing demand for three phase electricity in manufacturing and assembling facilities are expected to play a major role in the growth of this segment. In terms of revenue growth, the single phase shunt reactor segment is projected to expand at a significantly higher rate than that of the three phase shunt reactor segment in the global shunt reactor market over the forecast period due to expanding electricity transmission and distribution to meet the demand for residential purposes across the globe.
Global shunt reactor market to exhibit a strong growth in developing economies like China and India
From a regional perspective, North America is estimated to account for the highest market value share of 32.4% in 2016. Sales revenue of shunt reactors in APEJ and Latin America is estimated to account for second (24.9%) and third largest shares (16.7%) respectively by 2016 end. Consumption of shunt reactors in APEJ is projected to grow at a higher Y-o-Y growth rate due to expanding power generation and distribution infrastructure to meet the increasing electrical energy demand majorly from industries based in China and India.
Geographic expansion and strategic investments are some of the key strategies adopted by prominent market players in the global shunt reactor market
ABB Ltd., General Electric (ALSTOM), Fuji Electric Co. Ltd., Toshiba Corporation, Siemens AG, Zaporozhtransformator PJSC, Nissin Electric Co. Ltd, and Hyosung Corporation are some of the leading companies operating in the global shunt reactor market. Strategic investments and acquisitions to strengthen revenue generation, geographic expansion through organic growth, and new product development and product support technologies are some of the strategies adopted by key market players to expand their market share.

Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Market Overview
4.1. Introduction
4.1.1. Market Definition
4.1.2. Market Taxonomy
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.3. Value Chain
4.4. Market Forecast
4.4.1. Market Size and Y-o-Y Growth
4.4.2. Absolute $ Opportunity
4.4.3. Market Volume Forecast
4.5. Market Trends
4.6. Regional Pricing Analysis (2014)
4.7. Drivers and Restraints Impact Analysis
5. Global Shunt Reactor Market Analysis and Forecast, By Product Type
5.1. Introduction
5.2. Global Shunt Reactor Market Size Forecast By Product Type
5.2.1. Basis Point Share Analysis By Product Type
5.2.2. Y-o-Y Growth Projections By Product Type
5.3. Air-Core Dry Type
5.3.1. Market Size Forecast and Y-o-Y Growth By Product Type
5.3.2. Absolute $ Opportunity
5.3.3. Market Volume Forecast
5.4. Oil Immersed
5.4.1. Market Size Forecast and Y-o-Y Growth By Product Type
5.4.2. Absolute $ Opportunity
5.4.3. Market Volume Forecast
5.5. Global Shunt Reactor Market Attractiveness Analysis By Product Type
6. Global Shunt Reactor Market Analysis and Forecast, By Phase
6.1. Introduction
6.2. Global Shunt Reactor Market Size Forecast By Phase
6.2.1. Basis Point Share Analysis By Phase
6.2.2. Y-o-Y Growth Projections By Phase
6.3. Single Phase
6.3.1. Market Size Forecast and Y-o-Y Growth By Phase
6.3.2. Absolute $ Opportunity
6.3.3. Market Volume Forecast
6.4. Three Phase
6.4.1. Market Size Forecast and Y-o-Y Growth By Phase
6.4.2. Absolute $ Opportunity
6.4.3. Market Volume Forecast
6.5. Global Shunt Reactor Market Attractiveness Analysis By Phase
7. Global Shunt Reactor Market Analysis and Forecast, By Rating
7.1. Introduction
7.2. Global Shunt Reactor Market Size Forecast By Rating
7.2.1. Basis Point Share Analysis By Rating
7.2.2. Y-o-Y Growth Projections By Rating
7.3. Fixed Shunt Reactor
7.3.1. Market Size Forecast and Y-o-Y Growth By Rating
7.3.2. Absolute $ Opportunity
7.3.3. Market Volume Forecast
7.4. Variable Shunt Reactor
7.4.1. Market Size Forecast and Y-o-Y Growth By Rating
7.4.2. Absolute $ Opportunity
7.4.3. Market Volume Forecast
7.5. Global Shunt Reactor Market Attractiveness Analysis By Rating
8. Global Shunt Reactor Market Analysis and Forecast, By Application
8.1. Introduction
8.2. Global Shunt Reactor Market Size Forecast By Application
8.2.1. Basis Point Share Analysis By Application
8.2.2. Y-o-Y Growth Projections By Application
8.3. Residential
8.3.1. Market Size Forecast and Y-o-Y Growth By Application
8.3.2. Absolute $ Opportunity
8.3.3. Market Volume Forecast
8.4. Industrial
8.4.1. Market Size Forecast and Y-o-Y Growth By Application
8.4.2. Absolute $ Opportunity
8.4.3. Market Volume Forecast
8.5. Global Shunt Reactor Market Attractiveness Analysis By Application
9. Global Shunt Reactor Market Analysis and Forecast, By Voltage Range
9.1 Introduction
9.2. Global Shunt Reactor Market Size Forecast By Voltage Range
9.2.1. Basis Point Share Analysis By Voltage Range
9.2.2. Y-o-Y Growth Projections By Voltage Range
9.3. Less than 200 kV
9.3.1. Market Size Forecast and Y-o-Y Growth By Voltage Range
9.3.2. Absolute $ Opportunity
9.3.3. Market Volume Forecast
9.4. 200-400 kV
9.4.1. Market Size Forecast and Y-o-Y Growth By Voltage Range
9.4.2. Absolute $ Opportunity
9.4.3. Market Volume Forecast
9.5. Greater than 400 kV
9.5.1. Market Size Forecast and Y-o-Y Growth By Voltage Range
9.5.2. Absolute $ Opportunity
9.5.3. Market Volume Forecast
9.6. Global Shunt Reactor Market Attractiveness Analysis By Voltage Range
10. Global Shunt Reactor Market Analysis, By Region
10.1. Introduction
10.1.1. Y-o-Y Growth Projections, By Region
10.1.2. Basis Point Share Analysis, By Region
10.2. Market Forecast By Region
10.2.1. North America Market Value Forecast
10.2.2. Latin America Market Value Forecast
10.2.3. Asia Pacific Excl. Japan Market Value Forecast
10.2.4. Western Europe Market Value Forecast
10.2.5. Eastern Europe Market Value Forecast
10.2.6. Middle East & Africa Market Value Forecast
10.2.7. Japan Market Value Forecast
10.3. Regional Attractiveness Analysis
11. North America Shunt Reactor Market Analysis
11.1. Introduction
11.1.1. Y-o-Y Growth Projections, By Country
11.1.2. Basis Point Share Analysis, By Country
11.1.3. Key Trends
11.2. North America Shunt Reactor Market Forecast
11.2.1. Market Size and Volume Forecast By Country
11.2.1.1. U.S.
11.2.1.2. Canada
11.2.2. Market Size and Volume Forecast By Product Type
11.2.2.1. Air-core Dry Type
11.2.2.2. Fixed Shunt Reactor

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