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Energy & Power Global Shunt Reactor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM4593944
    • |
  • 12 June, 2024
    • |
  • Global
    • |
  • 112 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Energy & Power

According to our (Global Info Research) latest study, the global Shunt Reactor market size was valued at USD 2397 million in 2023 and is forecast to a readjusted size of USD 2847 million by 2030 with a CAGR of 2.5% during review period.
A shunt reactor is an absorber of reactive power, thus increasing the energy efficiency of the system. It is the most compact device commonly used for reactive power compensation in long high-voltage transmission lines and in cable systems.
Asia Pacific is currently the largest market for shunt reactors, followed by North America and Europe. China accounted for a majority share in the Asia Pacific region and is projected to grow at the highest CAGR from 2018 to 2023. In developing countries such as China and India, factors such as strong growth in the demand for electricity fueled by high levels of urbanization, industrialization, infrastructural developments, and subsequent investments in developing T&D networks, would spur the demand for shunt reactors. The figure below shows the market sizes for all the regions from 2018 to 2023.
The Global Info Research report includes an overview of the development of the Shunt Reactor industry chain, the market status of Electric Utilities (Oil-immersed, Air-core), Industrial Verticals (Oil-immersed, Air-core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Shunt Reactor.
Regionally, the report analyzes the Shunt Reactor markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Shunt Reactor market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Shunt Reactor market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Shunt Reactor industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Oil-immersed, Air-core).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Shunt Reactor market.
Regional Analysis: The report involves examining the Shunt Reactor market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Shunt Reactor market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Shunt Reactor:
Company Analysis: Report covers individual Shunt Reactor manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Shunt Reactor This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Electric Utilities, Industrial Verticals).
Technology Analysis: Report covers specific technologies relevant to Shunt Reactor. It assesses the current state, advancements, and potential future developments in Shunt Reactor areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Shunt Reactor market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Shunt Reactor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Oil-immersed
Air-core
Market segment by Application
Electric Utilities
Industrial Verticals
Major players covered
ABB
Siemens
Crompton Greaves
GE
Zaporozhtransformator
Fuji Electric
Toshiba
Mitsubishi Electric
Nissin Electric
TBEA
Trench Group
Hilkar
Beijing Power Equipment Group
HYOSUNG
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Shunt Reactor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Shunt Reactor, with price, sales, revenue and global market share of Shunt Reactor from 2019 to 2024.
Chapter 3, the Shunt Reactor competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Shunt Reactor breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Shunt Reactor market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Shunt Reactor.
Chapter 14 and 15, to describe Shunt Reactor sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Shunt Reactor
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Shunt Reactor Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Oil-immersed
    • 1.3.3 Air-core
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Shunt Reactor Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Electric Utilities
    • 1.4.3 Industrial Verticals
  • 1.5 Global Shunt Reactor Market Size & Forecast
    • 1.5.1 Global Shunt Reactor Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Shunt Reactor Sales Quantity (2019-2030)
    • 1.5.3 Global Shunt Reactor Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 ABB
    • 2.1.1 ABB Details
    • 2.1.2 ABB Major Business
    • 2.1.3 ABB Shunt Reactor Product and Services
    • 2.1.4 ABB Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 ABB Recent Developments/Updates
  • 2.2 Siemens
    • 2.2.1 Siemens Details
    • 2.2.2 Siemens Major Business
    • 2.2.3 Siemens Shunt Reactor Product and Services
    • 2.2.4 Siemens Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Siemens Recent Developments/Updates
  • 2.3 Crompton Greaves
    • 2.3.1 Crompton Greaves Details
    • 2.3.2 Crompton Greaves Major Business
    • 2.3.3 Crompton Greaves Shunt Reactor Product and Services
    • 2.3.4 Crompton Greaves Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Crompton Greaves Recent Developments/Updates
  • 2.4 GE
    • 2.4.1 GE Details
    • 2.4.2 GE Major Business
    • 2.4.3 GE Shunt Reactor Product and Services
    • 2.4.4 GE Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 GE Recent Developments/Updates
  • 2.5 Zaporozhtransformator
    • 2.5.1 Zaporozhtransformator Details
    • 2.5.2 Zaporozhtransformator Major Business
    • 2.5.3 Zaporozhtransformator Shunt Reactor Product and Services
    • 2.5.4 Zaporozhtransformator Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Zaporozhtransformator Recent Developments/Updates
  • 2.6 Fuji Electric
    • 2.6.1 Fuji Electric Details
    • 2.6.2 Fuji Electric Major Business
    • 2.6.3 Fuji Electric Shunt Reactor Product and Services
    • 2.6.4 Fuji Electric Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Fuji Electric Recent Developments/Updates
  • 2.7 Toshiba
    • 2.7.1 Toshiba Details
    • 2.7.2 Toshiba Major Business
    • 2.7.3 Toshiba Shunt Reactor Product and Services
    • 2.7.4 Toshiba Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Toshiba Recent Developments/Updates
  • 2.8 Mitsubishi Electric
    • 2.8.1 Mitsubishi Electric Details
    • 2.8.2 Mitsubishi Electric Major Business
    • 2.8.3 Mitsubishi Electric Shunt Reactor Product and Services
    • 2.8.4 Mitsubishi Electric Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Mitsubishi Electric Recent Developments/Updates
  • 2.9 Nissin Electric
    • 2.9.1 Nissin Electric Details
    • 2.9.2 Nissin Electric Major Business
    • 2.9.3 Nissin Electric Shunt Reactor Product and Services
    • 2.9.4 Nissin Electric Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Nissin Electric Recent Developments/Updates
  • 2.10 TBEA
    • 2.10.1 TBEA Details
    • 2.10.2 TBEA Major Business
    • 2.10.3 TBEA Shunt Reactor Product and Services
    • 2.10.4 TBEA Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 TBEA Recent Developments/Updates
  • 2.11 Trench Group
    • 2.11.1 Trench Group Details
    • 2.11.2 Trench Group Major Business
    • 2.11.3 Trench Group Shunt Reactor Product and Services
    • 2.11.4 Trench Group Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Trench Group Recent Developments/Updates
  • 2.12 Hilkar
    • 2.12.1 Hilkar Details
    • 2.12.2 Hilkar Major Business
    • 2.12.3 Hilkar Shunt Reactor Product and Services
    • 2.12.4 Hilkar Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Hilkar Recent Developments/Updates
  • 2.13 Beijing Power Equipment Group
    • 2.13.1 Beijing Power Equipment Group Details
    • 2.13.2 Beijing Power Equipment Group Major Business
    • 2.13.3 Beijing Power Equipment Group Shunt Reactor Product and Services
    • 2.13.4 Beijing Power Equipment Group Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Beijing Power Equipment Group Recent Developments/Updates
  • 2.14 HYOSUNG
    • 2.14.1 HYOSUNG Details
    • 2.14.2 HYOSUNG Major Business
    • 2.14.3 HYOSUNG Shunt Reactor Product and Services
    • 2.14.4 HYOSUNG Shunt Reactor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 HYOSUNG Recent Developments/Updates

3 Competitive Environment: Shunt Reactor by Manufacturer

  • 3.1 Global Shunt Reactor Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Shunt Reactor Revenue by Manufacturer (2019-2024)
  • 3.3 Global Shunt Reactor Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Shunt Reactor by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Shunt Reactor Manufacturer Market Share in 2023
    • 3.4.2 Top 6 Shunt Reactor Manufacturer Market Share in 2023
  • 3.5 Shunt Reactor Market: Overall Company Footprint Analysis
    • 3.5.1 Shunt Reactor Market: Region Footprint
    • 3.5.2 Shunt Reactor Market: Company Product Type Footprint
    • 3.5.3 Shunt Reactor Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Shunt Reactor Market Size by Region
    • 4.1.1 Global Shunt Reactor Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Shunt Reactor Consumption Value by Region (2019-2030)
    • 4.1.3 Global Shunt Reactor Average Price by Region (2019-2030)
  • 4.2 North America Shunt Reactor Consumption Value (2019-2030)
  • 4.3 Europe Shunt Reactor Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Shunt Reactor Consumption Value (2019-2030)
  • 4.5 South America Shunt Reactor Consumption Value (2019-2030)
  • 4.6 Middle East and Africa Shunt Reactor Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Shunt Reactor Sales Quantity by Type (2019-2030)
  • 5.2 Global Shunt Reactor Consumption Value by Type (2019-2030)
  • 5.3 Global Shunt Reactor Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Shunt Reactor Sales Quantity by Application (2019-2030)
  • 6.2 Global Shunt Reactor Consumption Value by Application (2019-2030)
  • 6.3 Global Shunt Reactor Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Shunt Reactor Sales Quantity by Type (2019-2030)
  • 7.2 North America Shunt Reactor Sales Quantity by Application (2019-2030)
  • 7.3 North America Shunt Reactor Market Size by Country
    • 7.3.1 North America Shunt Reactor Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Shunt Reactor Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Shunt Reactor Sales Quantity by Type (2019-2030)
  • 8.2 Europe Shunt Reactor Sales Quantity by Application (2019-2030)
  • 8.3 Europe Shunt Reactor Market Size by Country
    • 8.3.1 Europe Shunt Reactor Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Shunt Reactor Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Shunt Reactor Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Shunt Reactor Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Shunt Reactor Market Size by Region
    • 9.3.1 Asia-Pacific Shunt Reactor Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Shunt Reactor Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Shunt Reactor Sales Quantity by Type (2019-2030)
  • 10.2 South America Shunt Reactor Sales Quantity by Application (2019-2030)
  • 10.3 South America Shunt Reactor Market Size by Country
    • 10.3.1 South America Shunt Reactor Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Shunt Reactor Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Shunt Reactor Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Shunt Reactor Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Shunt Reactor Market Size by Country
    • 11.3.1 Middle East & Africa Shunt Reactor Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Shunt Reactor Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Shunt Reactor Market Drivers
  • 12.2 Shunt Reactor Market Restraints
  • 12.3 Shunt Reactor Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Shunt Reactor and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Shunt Reactor
  • 13.3 Shunt Reactor Production Process
  • 13.4 Shunt Reactor Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Shunt Reactor Typical Distributors
  • 14.3 Shunt Reactor Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Shunt Reactor. Industry analysis & Market Report on Shunt Reactor is a syndicated market report, published as Global Shunt Reactor Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Shunt Reactor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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