Research and Markets: Global Shunt Reactor Market to Grow at a CAGR of 8.11% Over the Period 2014-2019, New Report Says

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kbzqjm/global_shunt) has announced the addition of the "Global Shunt Reactor Market 2015-2019" report to their offering.

Most developed and developing countries rely on non-renewable energy such as coal, oil, and natural gas for generating power. In contrast, renewables such as wind, water, and solar energy are abundant. Solar energy is the most common renewable used for commercial and industrial applications. Other forms of renewables include biomass, geothermal, and ocean energies. Governments worldwide are encouraging the use of renewable sources by providing subsidies and credit points. However, the large-scale generation of renewables can cause unpredictable active power generation. Shunt reactors are widely used for regulating variations in power generation. The demand for shunt reactors will grow along with the increased installation of power generating systems.

According to the report, industrialization and the growing focus on increasing grid reliability in developing countries have led governments worldwide to invest in the expansion of their existing T&D networks. These expansion projects will require high-voltage transmission lines, a fact that increases the risk of grid failures due to high-voltage fluctuations. Therefore, to protect T&D equipment as well as end-users, electrical utility companies will need shunt reactors.

The increasing threat from low-cost vendors is inhibiting the entry of international vendors, particularly in APAC.

Key Topics Covered

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Market Landscape
7. Market Segmentation by Product Type
8. Market Segmentation by End-user
9. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and Their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and Their Impact
18. Vendor Landscape
19. Key Vendor Analysis

Companies Mentioned

- ABB

- Alben Industries

- Alstom

- BPEG Reactors

- Crompton Greaves

- JSC Zaporozhtransformator

- Siemens

- TBEA

- Tebian Electric Apparatus

- Transformers & Rectifiers

For more information visit http://www.researchandmarkets.com/research/kbzqjm/global_shunt