Shunt Reactor Market Trends and Forecast 2016 - 2024

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Shunt Reactor Market - Global Industry
Analysis, Size, Share, Growth, Trends,
and Forecast 2016 - 2024
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REPORT DESCRIPTION
Global Shunt Reactor Market: Overview
Energy security is a prerequisite for any country that aspires to prosper. A country’s power transmission and
distribution network thus plays a pivotal part in its overall economic development. This has prompted countries to
renew their commitment to building a robust energy infrastructure, thus accelerating the growth of the global
shunt reactor market.
Browse Shunt Reactor Market Report with Full TOC at : http://www.transparencymarketresearch.com/shuntreactor-market.html
A shunt reactor, by virtue of absorbing reactive power, plays a crucial role in increasing the energy efficiency of a
power transmission system. High-voltage transmission lines and cable systems need effective reactive power
compensation to protect them from the spike in voltage levels that can cause irreparable damage. A shunt reactor
can be either directly connected to a transmission line or to a three-winding transformer’s tertiary winding. Some
facilities deploy a permanent connection between the shunt reactor and the power line, while a circuit breaker is
used in some cases. Shunt reactors with variable ratings are used in power lines where load variation is slow so as to
optimally adjust the consumed reactive power. The role of shunt reactors is thus crucial in power transmission lines
that cover a large area.
The report on the global shunt reactors market analyzes the impact of the rising investments in power transmission
and distribution networks on the performance of the global shunt reactors market. The report has been compiled to
serve as a valuable decision-making tool for electrical equipment manufacturers, utilities, and energy industry
players. The market for shunt reactors is segmented on the basis of type into air-core dry and oil-immersed shunt
reactors. Of these, oil-immersed shunt reactor has been the dominant product. Key end users of shunt reactors are
industrial facilities and electrical utilities. Key regions analyzed in this report are North America, Europe, Asia Pacific,
and Rest of the World.
Global Shunt Reactor Market: Key Trends and Opportunities
Led by the rising investments in either upgrading or setting up new transmission and distribution networks
worldwide, companies in the global shunt reactor market are witnessing new growth avenues. Increasing share of
renewable energy in the global power industry and the resultant need to improve grid interconnectivity would help
fuel the demand for shunt reactors. At the same time, increasing emphasis on reducing the loss of power during
transmission and distribution is driving the market. Fresh investments in smart grids would further boost the growth
of the global shunt reactors market. However, economic uncertainty in some countries in the Middle East has led to
the postponement of large-scale investments in power transmission and distribution networks. This presents a
challenge for companies in the shunt reactors market.
Global Shunt Reactor Market: Region-wise Outlook
Increasing number of countries are turning toward renewable energy projects to meet their energy needs, thereby
leading to the establishment of new renewable power generation facilities across the world. This presents immense
opportunities for shunt reactor manufacturers and ancillary organizations because the active power generated by
renewable energy sources is not only unpredictable but is also characterized by high degree of fluctuation. Shunt
reactors can help compensate fluctuating active power, which makes them useful in renewable energy projects.
Energy-hungry industrializing nations in Asia Pacific, the Middle East, and Latin America have created a conducive
environment for the growth of the shunt reactor market. Demand for shunt reactors is the highest in Asia Pacific and
North America.
Companies that have a firm foothold in the global shunt reactors market and have been analyzed in this report
include ABB Limited, Siemens AG, Toshiba, Alstom SA, Mitsubishi Electric Corporation, Crompton Greaves, and
Hyundai Heavy Industries.
This research report analyzes this market on the basis of its market segments, major geographies, and
current market trends. Geographies analyzed under this research report include
•
North America
•
Asia Pacific
•
Europe
•
Middle East and Africa
•
Latin America
This report provides comprehensive analysis of
•
Market growth drivers
•
Factors limiting market growth
•
Current market trends
•
Market structure
•
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five
force model analysis and detailed profiles of top industry players. The report also includes a review of micro and
macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
•
It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
•
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
•
It helps in making informed business decisions by having complete insights of market and by making indepth analysis of market segments
•
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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Browse Shunt Reactor Market Report with Full TOC at : http://www.transparencymarketresearch.com/shuntreactor-market.html

Global Shunt Reactor Market: Overview Energy security is a prerequisite for any country that aspires to prosper. A country’s power transmission and distribution network thus plays a pivotal part in its overall economic development. This has prompted countries to renew their commitment to building a robust energy infrastructure, thus accelerating the growth of the global shunt reactor market. Browse Shunt Reactor Market Report with Full TOC at : http://www.transparencymarketresearch.com/shunt-reactor-market.html A shunt reactor, by virtue of absorbing reactive power, plays a crucial role in increasing the energy efficiency of a power transmission system. High-voltage transmission lines and cable systems need effective reactive power compensation to protect them from the spike in voltage levels that can cause irreparable damage. A shunt reactor can be either directly connected to a transmission line or to a three-winding transformer’s tertiary winding. Some facilities deploy a permanent connection between the shunt reactor and the power line, while a circuit breaker is used in some cases. Shunt reactors with variable ratings are used in power lines where load variation is slow so as to optimally adjust the consumed reactive power. The role of shunt reactors is thus crucial in power transmission lines that cover a large area.