Fixed Shunt Reactor Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMEP279 | Last Updated On: Jul 19 2022 | Available Formats

> Global Fixed Shunt Reactor Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Fixed Shunt Reactor Market is segmented By Phase (Single Phase Fixed SR, Three Phase Fixed SR), 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 Fixed Shunt Reactor Market is expected to grow at a CAGR during the forecasting period (2022-2029).

Growth factors of the Fixed Shunt Reactors Market

  • Fixed Shunt Reactors are traditionally adopted devices in which rated reactive power consumption is approximately constant. They are being used for many years in transmission and distribution systems. The global fixed shunt reactor market is driven by increasing power generation and the rising need for maintaining high voltage power transmission lines.

Market Segmentation

  • The global Fixed Shunt Reactor Market is segmented based By Type into Single Phase and Three Phase shunt reactors.

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

  • Based on the type of Fixed Shunt Reactor, the Three Phase Fixed Shunt Reactor has the largest market share of over 60% of the global Fixed Shunt reactor market. Three Phase Fixed Shunt reactors are growing because of the increasing need for high-voltage transmission lines and cables.

Geographical Share

  • Geographically, the market is segmented into North America, Asia-Pacific, Europe, South America, and RoW.

Scope of this report

  • The report profiles the following 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.

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

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