Global Shunt Reactor Market

- Size, Trend, Share, Opportunity Analysis, and Forecast 2014-2025

  • Date Energy and Power
  • Date March 2017
  • price $3619
 
 

Electricity generation, distribution, and transmission is a complex phenomenon involving many devices and factors impacting the environment. Noise, voltage fluctuations, load variance, and generation of reactive power are some of the problems faced during normal operations. A shunt reactor helps to regulate voltage across transmission lines by absorbing the reactive power generated. Shunt reactors have become an integral solution in the electric field because of high reliability, low maintenance costs, and low internal losses resulting in reduced operating costs, trouble-free operation, easy maintenance, high mechanical stability and low vibration, and long service life of the reactor.The global shunt reactor market is expected to grow at a CAGR of 8.4% from 2017 to 2025.

The global shunt reactor market is segmented based on type, application, and geography. Based on type, the market is divided into oil-immersed and air-core dry type. According to application, the market is categorized into electrical utilities and industrial verticals. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

  • Augmentation and modernization of transmission and distribution network is anticipated to increase the demand for shunt reactor during the forecast period.
  • The globally increasing demand for electricity is expected to increase market demand for shunt reactors in the forecast period.
  • Less power transmission losses because of shunt reactors is projected to increase the incorporation of shunt reactor in the electricity distribution systems thereby resulting in the growth of the market.
  • Replacement of aged technology in developed nations is fueling market growth during the forecast period.

Restraints:

  • Development of alternate technologies may cause a slowdown in the shunt reactor market.

Market Players:

The top players in the global shunt reactor market include ABB Ltd., Siemens AG, Crompton Greaves Limited, Alstom, Zaporozhtransformator, Tebian Electric Apparatus Stock Company Ltd., Hyundai Heavy Industries Co., Ltd., Fuji Electric Co., Ltd., Toshiba Corporation, and Mitsubishi Electric Corporation.

KEY TAKEAWAYS
Global Shunt Reactor Market

MARKET LANDSCAPE

By Type

  • Oil-immersed
  • Air-core Dry Type

By Application

  • Electrical Utilities
  • Industrial Verticals

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • Argentina
    • Rest of LAMEA
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Shunt Reactor Market Shares Analysis, 2014-2025
3.4.1. Global shunt reactor market share by type, 2014-2025
3.4.2. Global shunt reactor market share by application, 2014-2025
3.4.3. Global shunt reactor market share by geography, 2014-2025
4. Market By Type
4.1. Oil-immersed
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Air-core Dry Type
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
5. Market By Application
5.1. Electrical Utilities
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Industrial Verticals
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
6. Market By Geography
6.1. North America
6.1.1. Historical Market Size, 2014-2016
6.1.2. Market Forecast, 2017-2025
6.1.3. U.S.
6.1.3.1. Historical Market Size, 2014-2016
6.1.3.2. Market Forecast, 2017-2025
6.1.4. Canada
6.1.4.1. Historical Market Size, 2014-2016
6.1.4.2. Market Forecast, 2017-2025
6.1.5. Mexico
6.1.5.1. Historical Market Size, 2014-2016
6.1.5.2. Market Forecast, 2017-2025
6.2. Europe
6.2.1. Historical Market Size, 2014-2016
6.2.2. Market Forecast, 2017-2025
6.2.3. UK
6.2.3.1. Historical Market Size, 2014-2016
6.2.3.2. Market Forecast, 2017-2025
6.2.4. Germany
6.2.4.1. Historical Market Size, 2014-2016
6.2.4.2. Market Forecast, 2017-2025
6.2.5. France
6.2.5.1. Historical Market Size, 2014-2016
6.2.5.2. Market Forecast, 2017-2025
6.2.6. Spain
6.2.6.1. Historical Market Size, 2014-2016
6.2.6.2. Market Forecast, 2017-2025
6.2.7. Italy
6.2.7.1. Historical Market Size, 2014-2016
6.2.7.2. Market Forecast, 2017-2025
6.2.8. Rest of Europe
6.2.8.1. Historical Market Size, 2014-2016
6.2.8.2. Market Forecast, 2017-2025
6.3. Asia-Pacific
6.3.1. Historical Market Size, 2014-2016
6.3.2. Market Forecast, 2017-2025
6.3.3. China
6.3.3.1. Historical Market Size, 2014-2016
6.3.3.2. Market Forecast, 2017-2025
6.3.4. Japan
6.3.4.1. Historical Market Size, 2014-2016
6.3.4.2. Market Forecast, 2017-2025
6.3.5. India
6.3.5.1. Historical Market Size, 2014-2016
6.3.5.2. Market Forecast, 2017-2025
6.3.6. Australia
6.3.6.1. Historical Market Size, 2014-2016
6.3.6.2. Market Forecast, 2017-2025
6.3.7. South Korea
6.3.7.1. Historical Market Size, 2014-2016
6.3.7.2. Market Forecast, 2017-2025
6.3.8. Rest of Asia-Pacific
6.3.8.1. Historical Market Size, 2014-2016
6.3.8.2. Market Forecast, 2017-2025
6.4. LAMEA
6.4.1. Historical Market Size, 2014-2016
6.4.2. Market Forecast, 2017-2025
6.4.3. Brazil
6.4.3.1. Historical Market Size, 2014-2016
6.4.3.2. Market Forecast, 2017-2025
6.4.4. South Africa
6.4.4.1. Historical Market Size, 2014-2016
6.4.4.2. Market Forecast, 2017-2025
6.4.5. Saudi Arabia
6.4.5.1. Historical Market Size, 2014-2016
6.4.5.2. Market Forecast, 2017-2025
6.4.6. Rest of LAMEA
6.4.6.1. Historical Market Size, 2014-2016
6.4.6.2. Market Forecast, 2017-2025
7. Company profiles
7.1. ABB Ltd.
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent Developments
7.2. Siemens AG
7.2.1. Overview
7.2.2. Financials and business segments
7.2.3. Recent Developments
7.3. Crompton Greaves Limited
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent Developments
7.4. Alstom
7.4.1. Overview
7.4.2. Financials and business segments
7.4.3. Recent Developments
7.5. Zaporozhtransformator
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent Developments
7.6. Tebian Electric Apparatus Stock Company Ltd.
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent Developments
7.7. Hyundai Heavy Industries Co., Ltd.
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent Developments
7.8. Fuji Electric Co., Ltd.
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent Developments
7.9. Toshiba Corporation
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent Developments
7.10. Mitsubishi Electric Corporation
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent Developments
 
List of Tables

Table 1. Shunt Reactor Market Share, by Type, 2014-2025, $million
Table 2. Shunt Reactor Market Share, by Application, 2014-2025, $million
Table 3. Shunt Reactor Market Share, by Region, 2014-2025, $million
Table 4. Shunt Reactor Market Value for Oil-immersed, by Region, 2017-2025, $million
Table 5. Shunt Reactor Market Value for Air-core Dry Type, by Region, 2017-2025, $million
Table 6. Shunt Reactor Market Value for Electrical Utilities, by Region, 2017-2025, $million
Table 7. Shunt Reactor Market Value for Industrial Verticals, by Region, 2017-2025, $million
Table 8. Shunt Reactor Market Value for North America, by Country, 2014-2025, $million
Table 9. Shunt Reactor Market Value for North America, by Type, 2014-2025, $million
Table 10. Shunt Reactor Market Value for North America, by Application, 2014-2025, $million
Table 11. Shunt Reactor Market Value for Europe, by Country, 2014-2025, $million
Table 12. Shunt Reactor Market Value for Europe, by Type, 2014-2025, $million
Table 13. Shunt Reactor Market Value for Europe, by Application, 2014-2025, $million
Table 14. Shunt Reactor Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 15. Shunt Reactor Market Value for Asia-Pacific, by Type, 2014-2025, $million
Table 16. Shunt Reactor Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 17. Shunt Reactor Market Value for LAMEA, by Country, 2014-2025, $million
Table 18. Shunt Reactor Market Value for LAMEA, by Type, 2014-2025, $million
Table 19. Shunt Reactor Market Value for LAMEA, by Application, 2014-2025, $million
Table 20. ABB Ltd. - Company Snapshot
Table 21. Siemens AG - Company Snapshot
Table 22. Crompton Greaves Limited - Company Snapshot
Table 23. Alstom - Company Snapshot
Table 24. Zaporozhtransformator - Company Snapshot
Table 25. Tebian Electric Apparatus Stock Company Ltd. - Company Snapshot
Table 26. Hyundai Heavy Industries Co., Ltd. - Company Snapshot
Table 27. Fuji Electric Co., Ltd. - Company Snapshot
Table 28. Toshiba Corporation - Company Snapshot
Table 29. Mitsubishi Electric Corporation - Company Snapshot
 
List of Figures

Figure 1. Shunt Reactor: Oil-immersed Market Value, 2014-2016, $million
Figure 2. Shunt Reactor: Air-core Dry Type Market Value, 2014-2016, $million
Figure 3. Shunt Reactor: Electrical Utilities Market Value, 2014-2016, $million
Figure 4. Shunt Reactor: Industrial Verticals Market Value, 2014-2016, $million
Figure 5. Shunt Reactor: U.S. Market Value, 2014-2016, $million
Figure 6. Shunt Reactor: U.S. Market Value, 2017-2025, $million
Figure 7. Shunt Reactor: Canada Market Value, 2014-2016, $million
Figure 8. Shunt Reactor: Canada Market Value, 2017-2025, $million
Figure 9. Shunt Reactor: Mexico Market Value, 2014-2016, $million
Figure 10. Shunt Reactor: Mexico Market Value, 2017-2025, $million
Figure 11. Shunt Reactor: UK Market Value, 2014-2016, $million
Figure 12. Shunt Reactor: UK Market Value, 2017-2025, $million
Figure 13. Shunt Reactor: Germany Market Value, 2014-2016, $million
Figure 14. Shunt Reactor: Germany Market Value, 2017-2025, $million
Figure 15. Shunt Reactor: France Market Value, 2014-2016, $million
Figure 16. Shunt Reactor: France Market Value, 2017-2025, $million
Figure 17. Shunt Reactor: Spain Market Value, 2014-2016, $million
Figure 18. Shunt Reactor: Spain Market Value, 2017-2025, $million
Figure 19. Shunt Reactor: Italy Market Value, 2014-2016, $million
Figure 20. Shunt Reactor: Italy Market Value, 2017-2025, $million
Figure 21. Shunt Reactor: Rest of Europe Market Value, 2014-2016, $million
Figure 22. Shunt Reactor: Rest of Europe Market Value, 2017-2025, $million
Figure 23. Shunt Reactor: China Market Value, 2014-2016, $million
Figure 24. Shunt Reactor: China Market Value, 2017-2025, $million
Figure 25. Shunt Reactor: Japan Market Value, 2014-2016, $million
Figure 26. Shunt Reactor: Japan Market Value, 2017-2025, $million
Figure 27. Shunt Reactor: India Market Value, 2014-2016, $million
Figure 28. Shunt Reactor: India Market Value, 2017-2025, $million
Figure 29. Shunt Reactor: Australia Market Value, 2014-2016, $million
Figure 30. Shunt Reactor: Australia Market Value, 2017-2025, $million
Figure 31. Shunt Reactor: South Korea Market Value, 2014-2016, $million
Figure 32. Shunt Reactor: South Korea Market Value, 2017-2025, $million
Figure 33. Shunt Reactor: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 34. Shunt Reactor: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 35. Shunt Reactor: Brazil Market Value, 2014-2016, $million
Figure 36. Shunt Reactor: Brazil Market Value, 2017-2025, $million
Figure 37. Shunt Reactor: Saudi Arabia Market Value, 2014-2016, $million
Figure 38. Shunt Reactor: Saudi Arabia Market Value, 2017-2025, $million
Figure 39. Shunt Reactor: South Africa Market Value, 2014-2016, $million
Figure 40. Shunt Reactor: South Africa Market Value, 2017-2025, $million
Figure 41. Shunt Reactor: Rest of LAMEA Market Value, 2014-2016, $million
Figure 42. Shunt Reactor: Rest of LAMEA Market Value, 2017-2025, $million
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