Research and Markets: Global Shunt Reactor Market is Expected to Grow From an Estimated $1.84 Billion in 2014 to $2.72 Billion by 2019, at a CAGR of 8.2% from 2014 to 2019.

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/fhq55w/shunt_reactor) has announced the addition of the "Shunt Reactor Market by Type, Application & by Region - Global Trends & Forecast to 2019" report to their offering.

Shunt reactors offer an economical as well as effective solution for compensating the reactive power. They absorb the reactive power and thereby increase the energy efficiency of the power system. Shunt reactors are used in transmission lines to improve the power quality and reduce the transmission costs by compensating the variations caused by reactive power. The growth of shunt reactors is attributed to utilities' increasing expenditure on power transmission and distribution (T&D) infrastructure and the growing demand for electricity from industrial and domestic sectors.

Continuing industrialization in rapidly developing economies such as Asia-Pacific, North America, and the Middle East has led to increased spending on electrical power infrastructure, creating demand for shunt reactors. The migration of people from rural to urban regions is a result of industrialization, another factor that has increased electrical consumption across developed and developing economies, further boosting investments in T&D infrastructure.

On the basis of type, the shunt reactor market is segmented into oil-immersed and air-core dry shunt reactors. Oil-immersed shunt reactors are usually utilized for systems with a voltage profile of 72.5kV and above, and are connected directly to the high-voltage busbar/transmission network. The North American and European markets are expected to witness decent demand for oil-immersed shunt reactors. The air-core dry type of shunt reactors are primarily used for system voltages below 72.5kV and are inserted into the system through the tertiary winding of a power transformer connected to the overhead line that is to be compensated.

Key Topics Covered

  1. Introduction
  2. Research Methodology
  3. Executive Summary
  4. Premium Insights
  5. Market Overview
  6. Industry Trends
  7. Shunt Reactor Market, By Type
  8. Shunt Reactor Market, By End-User Application
  9. Shunt Reactor Market, By Region
  10. Competitive Landscape
  11. Company Profiles
  12. Appendix

Companies Mentioned

  • ABB
  • Alstom
  • Crompton Greaves
  • Fuji Electric
  • Hyundai Heavy Industries
  • Mitsubishi Electric
  • Siemens
  • Tebian Electric Apparatus Stock Company
  • Toshiba
  • Zaporozhtransformator

For more information visit http://www.researchandmarkets.com/research/fhq55w/shunt_reactor

Contacts

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press@researchandmarkets.com
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Sector: Energy and Natural Resources, Power

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Energy and Natural Resources, Power