According to the new market research report Shunt Reactor Market by Type (Oil-Immersed and Air-Core), Application (Variable Reactors and Fixed Reactors), End-User (Electrical Utilities and Industrial Verticals), and Region (North America, Europe, Asia Pacific, and South America) - Global Forecast to 2022, The shunt reactor marketis expected to grow from an estimated USD 2.56 Billion in 2017 to USD 3.19 Billion by 2022, registering a CAGR of 4.56% from 2017 to 2022. The global market for shunt reactor is driven by the rising demand for electricity for power generation, and the addition of high voltage transmission networks. Also, upgrading aging technology in the developed nations is expected to drive the shunt reactors market as they are used to stabilize the system voltage during load variations by absorbing excess reactive power generated in the transmission network.
Don’t miss out on business opportunities Shunt Reactor Market. Download our PDF Brochure and gain crucial industry insights that will help your business grow:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=88691138

Variable shunt reactors are used in high voltage energy transmission systems to stabilize the voltage during load variations. Variable reactors are advanced form of shunt reactors and preferred over traditional reactors. Variable shunt reactors reduce voltage jumps resulting from switching in and out and to improve interaction with other transmission equipment. Also, variable reactors provide benefits to stabilize the voltage of systems. These factors along with increase in investment for T&D infrastructure will propel the demand for variable shunt reactors.

Browse and in-depth TOC on “Shunt Reactor Market”
70 - Tables
32 - Figures
119 – Pages

View more detailed TOC @
https://www.marketsandmarkets.com/Market-Reports/shunt-reactors-market-88691138.html

The demand for shunt reactors can be directly linked to the development of T&D networks. However, developing alternative technologies such as FACTS (Flexible AC Transmission System) and HVDC systems act as a restraint to shunt reactors. Conventional methods of grid stabilization using devices such as capacitors have their limitations in terms of effective performance. Hence, efficient technologies such as FACTS and HVDC systems are becoming popular.

Request Sample Copy @
https://www.marketsandmarkets.com/requestsampleNew.asp?id=88691138

Leading players in the shunt reactor market include GE (US), Siemens (Germany), ABB (Switzerland), and Fuji Electric (Japan). Contracts & agreements was the most commonly used strategy by top players in the market About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]