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Global Shunt Reactor Market - Forecasts from 2018 to 2023

  • ID: 4600911
  • Report
  • Region: Global
  • 98 pages
  • Knowledge Sourcing Intelligence LLP
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  • ABB Limited
  • Fuji Electric Co. Ltd.
  • General Electric Company
  • Hyosung Corporation
  • Nissin Electric Co. Ltd.
  • Siemens AG
  • MORE
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 act as 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 catalysing the demand for these reactors across key geographic regions.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the shunt reactor value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global radio modem market.

Major industry players profiled as part of the report are ABB Limited., General Electric Company, Nissin Electric Co. Ltd., Mitsubishi Electric, and Toshiba Energy Solutions Corporation among others.


By Construction
  • Dry-type
  • Oil Immersed
By Phase Design
  • Single Phase
  • Three Phase
By End-User
  • Energy and Power
  • Manufacturing
  • Others
By Geography

North America
  • United States
  • Canada
  • Mexico
  • South America
  • Brazil
  • Others
  • United Kingdom
  • Germany
  • France
  • Others
Middle East and Africa (MEA)

Asia Pacific (APAC)
  • China
  • Japan
  • India
  • Others
Note: Product cover images may vary from those shown
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  • ABB Limited
  • Fuji Electric Co. Ltd.
  • General Electric Company
  • Hyosung Corporation
  • Nissin Electric Co. Ltd.
  • Siemens AG
  • MORE
1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline

2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
2.3. Validation

3. Key Findings of the Study

4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations

5. Global Shunt Reactor Market Forecast by Construction (US$ billion)
5.1. Dry Type
5.2. Oil Immersed

6. Global Shunt Reactor Market Forecast by Phase Design (US$ billion)
6.1. Single Phase
6.2. Three Phase

7. Global Shunt Reactor Market Forecast by end-user (US$ billion)
7.1. Energy and Power
7.2. Manufacturing
7.3. Others

8. Global Shunt Reactor Market Forecast by Geography (US$ billion)
8.1. North America
8.1.1. US
8.1.2. Canada
8.1.3. Others
8.2. Europe
8.2.1. UK
8.2.2. Germany
8.2.3. France
8.2.4. Others
8.3. Asia Pacific
8.3.1. China
8.3.2. India
8.3.3. Japan
8.3.4. Others
8.4. Middle East and Africa

9. Competitive Intelligence
9.1. Strategies of Key Players
9.2. Recent Investments and Deals

10. Company profiles
10.1. ABB Limited
10.1.1. Overview
10.1.2. Financials
10.1.3. Product and Services
10.1.4. Key Developments
10.2. Siemens AG
10.2.1. Overview
10.2.2. Financials
10.2.3. Product and Services
10.2.4. Key Developments
10.3. General Electric Company
10.3.1. Overview
10.3.2. Financials
10.3.3. Product and Services
10.3.4. Key Developments
10.4. Fuji Electric Co. Ltd.
10.4.1. Overview
10.4.2. Financials
10.4.3. Product and Services
10.4.4. Key Developments
10.5. Nissin Electric Co. Ltd.
10.5.1. Overview
10.5.2. Financials
10.5.3. Product and Services
10.5.4. Key Developments
10.6. Zaporozhtransformator
10.6.1. Overview
10.6.2. Financials
10.6.3. Product and Services
10.6.4. Key Developments
10.7. Mitsubishi Electric Corporation
10.7.1. Overview
10.7.2. Financials
10.7.3. Product and Services
10.7.4. Key Developments
10.8. CG Power and Industrial Solutions Limited
10.8.1. Overview
10.8.2. Financials
10.8.3. Product and Services
10.8.4. Key Developments
10.9. Toshiba Energy and Solutions Corporation
10.9.1. Overview
10.9.2. Financials
10.9.3. Product and Services
10.9.4. Key Developments
10.10. Hyosung Corporation
10.10.1. Overview
10.10.2. Financials
10.10.3. Product and Services
10.10.4. Key Developments
List of Tables
List of Figures
Note: Product cover images may vary from those shown
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4 of 4
  • 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 Corporation
Note: Product cover images may vary from those shown
5 of 4

The research study is based on the publisher's proprietary research model. The process involves sourcing of information from various industry experts, key professionals, decision-makers and various other stakeholders along with the validation of the responses received from the vast in-house database and premium paid databases. Publicly available sources were also taken into consideration for the final market estimates and forecast for the segments and sub-segments.

The first phase of the research process is the identification of key industry leaders, experts, decision-makers and C-level executives and then conducting interviews and surveys to gain vital insights about the market. Simultaneously, extensive secondary research is done, and key secondary data is collected as part of this process. This secondary data is collected from various databases, industry journals, whitepapers, company annual reports, research publications, and other paid data sources and relevant literature. Company profiles which include strategies, new product developments, recent investments, major products and services, financials and business plans are sourced from the annual reports, SEC filings, industry associations to preserve the quality of the information being displayed. The findings from both the primary and the secondary research process combined go under further processing for market breakdown and forecasting.

The last phase is providing intelligence in the form of presentation, charts, graphics and other different formats helping the clients in a faster and efficient understanding of the market. Under this phase complete market engineering is involved which includes analyzing the collected data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. The publisher has developed their market forecasting methodology that, in addition to the main market values, also takes into account other macroeconomic factors (global or local) that might have some bearing on the market under study. Taking all the necessary data, a robust forecast is developed using an algorithm that involves both static (multivariate) as well as dynamic (time-series) regression analysis. Special care is taken to make sure their algorithm passes the necessary statistical tests, and the mean prediction for future years obtained is reliable with a very high confidence level. Following data validation, the analysts begin to write the report presenting insights with the help of charts, graphs, and tables.