The Shunt Reactor Market size is expected to grow at an annual average of 6% during 2021-2027. The need to increase system efficiency and provide reliable power is increasing the demand for shunt reactors. The requirements for protection solutions against sudden voltage spikes and investments in upgrading existing transmission and distribution networks are also increasing the demand for shunt reactors. As the demand for power increases, the demand for products, solutions and services related to the energy sector will increase. Shunt reactor demand for energy and utilities will increase significantly over the next few years as electricity demand and connectivity projects undertaken by various governments around the world increase.
(Get 15% Discount on Buying this Report)
A full report of Shunt Reactor Market is available at: https://www.orionmarketreports.com/shunt-reactor-market/20538/
The following segmentation are covered in this report:
By Type
- Oil-Immersed
- Air-Core
By End Users
- Electric Utilities
- Industrial Verticals
By Application
- Variable Reactors
- Fixed Reactors
Major Players
- Siemens AG
- CG Power and Industrial Solutions Limited
- Mitsubishi Electric Corporation
- Fuji Electric Co.
- Hitachi ABB Power Grids
The report covers the following objectives:
- Proliferation and maturation of trade in the global Shunt Reactor Market
- The market share of the global Shunt Reactor Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Shunt Reactor Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Shunt Reactor Market
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
