The research study presented in this report offers complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the Global Shunt Reactor Market. The research study has been prepared with the use of in-depth qualitative and quantitative analyses of the global Shunt Reactor market. We have also provided absolute dollar opportunity and other types of market analysis on the global Shunt Reactor market.
It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key factors related to the global Shunt Reactor market. All findings and data on the global Shunt Reactor market provided in the report are calculated, gathered, and verified using advanced and reliable primary and secondary research sources. The regional analysis offered in the report will help you to identify key opportunities of the global Shunt Reactor market available in different regions and countries.
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The authors of the report have segmented the global Shunt Reactor market as per product, application, and region. Segments of the global Shunt Reactor market are analyzed on the basis of market share, production, consumption, revenue, CAGR, market size, and more factors. The analysts have profiled leading players of the global Shunt Reactor market, keeping in view their recent developments, market share, sales, revenue, areas covered, product portfolios, and other aspects.
By Voltage Range
- Less than 200 KV
- 200-400 KV
- Greater than 400 KV
- Air-core Dry Type
- Oil Immersed
- Single Phase
- Three Phase
- Fixed Shunt Reactor
- Variable Shunt Reactor
- North America
- Latin America
- Eastern Europe
- Western Europe
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.
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Shunt Reactor Market Size and Forecast
In terms of region, this research report covers almost all the major regions across the globe such as North America, Europe, South America, the Middle East, and Africa and the Asia Pacific. Europe and North America regions are anticipated to show an upward growth in the years to come. While Shunt Reactor Market in Asia Pacific regions is likely to show remarkable growth during the forecasted period. Cutting edge technology and innovations are the most important traits of the North America region and that’s the reason most of the time the US dominates the global markets. Shunt Reactor Market in South, America region is also expected to grow in near future.
The Shunt Reactor Market report highlights is as follows:
This Shunt Reactor market report provides complete market overview which offers the competitive market scenario among major players of the industry, proper understanding of the growth opportunities, and advanced business strategies used by the market in the current and forecast period.
This Shunt Reactor Market report will help a business or an individual to take appropriate business decision and sound actions to be taken after understanding the growth restraining factors, market risks, market situation, market estimation of the competitors.
The expected Shunt Reactor Market growth and development status can be understood in a better way through this five-year forecast information presented in this report
This Shunt Reactor Market research report aids as a broad guideline which provides in-depth insights and detailed analysis of several trade verticals.
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