Global Shunt Reactor Market Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, Global shunt reactor market was valued at US$2.212 billion in 2017 and is projected to expand at a CAGR of 4.95% over the forecast period to grow to US$2.956 billion by 2023. A shunt reactor is a compact device which acts as an absorber of reactive power and in turn boosts the energy efficiency of the system. It is commonly used for reactive power compensation in long high-voltage transmission lines and in cable systems. Shunt reactors are normally connected to substation bus-bar, often directly to the overhead transmission lines. They can also be connected to tertiary windings of power transformers. Shunt reactor market is continuously growing, facilitating new developments. Increasing non-convention power addition coupled with low power transmission lines is catalyzing the demand for these reactors across key geographic regions.We are providing some segments of global algae protein market briefly here:
Sample view of global shunt reactor market share
Key Questions Answered By The Report What will be the Global Shunt Reactor Market size from 2019 to 2024? How are the major drivers and restraints affecting the Global Shunt Reactor Market growth and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participant’s behavior Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under The Global Shunt Reactor Market Report Are As Below: By Construction Dry-type Oil Immersed
By Phase Design Single Phase Three Phase By End-User Energy and Power Manufacturing Others
By Geography: Americas North America South America Europe Middle East and Africa Europe Middle East and Africa Asia Pacific
COMPANY PROFILES ABB Limited Siemens AG General Electric Company Fuji Electric Co. Ltd. Nissin Electric Co. Ltd. Zaporozhtransformator Mitsubishi Electric Corporation CG Power and Industrial Solutions Limited Toshiba Energy and Solutions Corporation Hyosung CorporationÂ
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