Shunt Reactor Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The shunt reactor market is expected to grow at a CAGR of 6% over the forecast period (2021-2027). The need to increase system efficiency and provide reliable power is increasing the demand for shunt reactors. The requirements for protection solutions against sudden voltage spikes and investments in upgrading existing transmission and distribution networks are also increasing the demand for shunt reactors. As the demand for power increases, the demand for products, solutions and services related to the energy sector will increase. Shunt reactor demand for energy and utilities will increase significantly over the next few years as electricity demand and connectivity projects undertaken by various governments around the world increase.

Shunt Reactor Market- Segmentation

By Type

• Oil-Immersed
• Air-Core

By End Users

• Electric Utilities
• Industrial Verticals

By Application

• Variable Reactors
• Fixed Reactors

Major Players

• Siemens AG
• CG Power and Industrial Solutions Limited
• Mitsubishi Electric Corporation
• Fuji Electric Co.
• Hitachi ABB Power Grids

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Shunt Reactor Market Report

• What was the Shunt Reactor Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Shunt Reactor Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Shunt Reactor Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.