Air-Core Shunt Reactor Market Size, Competitive Landscape and Market Forecast - 2029

Global Air-Core Shunt Reactor Market is segmented By Type (Single Phase Air-Core SR, Three Phase Air-Core SR), By Rating (Fixed Shunt Reactor, Variable Shunt Reactor), By Application (Industrial, Residential), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The Global Air-Core Shunt Reactor Market is expected to grow at a high CAGR during the forecasting period ( 2022-2029).

• Air-Core Shunt Reactors are electrical devices that give a linear response of impedance versus current required for various applications such as industrial facilities, T&D networks, power generation, OEMs and electrical test laboratories. The dry type design is maintenance free and environmentally friendly.

Scope of the Report

• The report covers factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

 By Type

• Single Phase Air-Core Shunt Reactor

•  Three Phase Air-Core Shunt Reactor

 By Rating

• Fixed Shunt Reactor

•  Variable Shunt Reactor

• The report profiles companies which include ABB Ltd, Siemens, Toshiba, Fuji Electric Co., GE Electric, Nissin Electric Co. Ltd, Zaporozhtransformator PJSC, Nissin Electric Co. Ltd, Hyosung Corporation, and Hyundai Heavy Industries.

Drivers and Restraints

• Global Air-Core Shunt reactor market is driven by increasing need for electricity, and rising need for maintaining the high voltage in power transmission lines.

• Air-Core shunt reactors manufactured by ABB are mainly based on a technical concept known as gapped core concept that is mainly designed to minimize sound, losses, and vibration.

• The market for Variable Shunt Reactor is growing rapidly compared to fixed Shunt reactor as it is more capable of controlling the voltage during high-voltage power transmission lines.

• They are more advanced in stabilizing the fluctuations of voltage over large transmission networks, hence need for variable shunt reactor is growing.

• As the demand for electricity increases in developing countries,there is a rise in power generation which needs to be maintained by various electrical utilities. Hence, to stabilize the voltage level in power transmission lines, the market for shunt reactor is growing. Air-core shunt reactor is easily available and environment-friendly.

• In 2016, approx. 4.08 trillion kilowatt hours of electricity was generated in the United States.

Market Segmentation

• By Type: Single Phase Air-Core and Three Phase Air-Core shunt reactor.

• Based on Rating: Fixed Shunt Reactor and Variable Shunt Reactor.

• Based on Application, the market is segmented into Industrial and Residential.

Why purchase the report?

• To visualize the composition of Air-Core Shunt Reactor market across each indication, in terms of type and applications, highlighting the key commercial assets and players.

• To identify commercial opportunities in Air-Core Shunt Reactor by analyzing trends and co-development deals.

•  This is the most comprehensive study on Air-Core Shunt Reactor to date.

•  Excel data sheet with thousands of data points of the Air-Core Shunt Reactor market – level 4/5 segmentation

•  PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study

•  Product mapping in excel for key Air-Core Shunt Reactor products of all major market players

Target Audience

• · Raw Material Suppliers/ Buyers

•  Product Suppliers/ Buyers

• · Industry Investors/Investment Bankers

• · Education & Research Institutes

• · Research Professionals

• · Emerging Companies

• · Manufacturers

Trending Topics

Variable Shunt Reactor Market

Fixed Shunt Reactor Market 

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