The market for shunt reactors is driven by the demand for modern transmission and distribution (T&D) networks, reduced losses in power transmission and application of shunt reactors in different renewable energy systems. The design of smart grid technologies and continuous increase in the development of power generation technologies are the factors that will offer growth opportunities across the globe. The global shunt reactor market foresees promising growth prospects in emerging economies in Asia-Pacific such as India and China.
The world shunt reactor market is segmented based on types, region and applications. On the basis of reactor types, the shunt reactors are segmented into oil-immersed shunt reactor and air-core dry shunt reactor. Based on the applications, the shunt reactor market is segmented into electrical utilities & industrial verticals. On the basis of region, the market is segmented into Europe, North America, Asia-Pacific and Latin America and Middle East and Africa (LAMEA). The North America region is further segmented into US & Canada; Europe is further divided into U.K., Germany, France and Rest of Europe; Asia-Pacific is segmented into China, India, Australia, Japan and Rest of Asia Pacific; LAMEA is further segmented into Brazil, Mexico, Saudi Arabia, South Africa, and Rest of LAMEA.
Some of the prominent market players profiled in the report include Siemens AG, ABB Limited, Alstom SA, Toshiba, Crompton Greaves, Zaporozhtransformator (ZTR), Fuji Electric (Japan), Mitsubishi Electric Corporation, Hyundai Heavy Industries, and Tebian Electric Apparatus Stock Company Ltd (TBEA).
KEY BENEFITS FOR STAKEHOLDERS:
The report provides comprehensive analysis of current & future market trends and emerging avenues for the growth of shunt reactors market across the globe
The report offers an overview of changing market dynamics and recent industry policy changes and market trends
The report offers an insight into competitive landscape in terms of new technological developments and untapped segments, and value chain analysis
This report entails the detailed quantitative analysis of the current market and estimations through 2014-2020 which assists in identifying the prevailing market opportunities
Tools such as Porters Five Forces model help in understanding the potentiality of key buyers and sellers
SHUNT REACTORKEY MARKET SEGMENTS:
Market - By Type
Oil-Immersed Shunt Reactor
Air-Core Dry Shunt Reactor
Market - By Application
Electrical Utilities
Industrial Verticals
Market By Geography
North America
U.S.
Canada
Europe
U.K.
Germany
France
Rest of Europe
Asia-Pacific
China
India
Australia
Japan
Rest of Asia-Pacific
Latin America and Middle East & Africa (LAMEA)
Brazil
Mexico
South Africa
Saudi Arabia
Rest of LAMEA
KEY PLAYERS
Siemens AG
ABB Limited
Alstom SA
Toshiba
Crompton Greaves
Zaporozhtransformator
Fuji Electric
Mitsubishi Electric Corporation
Hyundai Heavy Industries
Tebian Electric Apparatus Stock Company Ltd.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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