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      A shunt reactor is an electrical device used in the electricity industry to regulate the voltage of an electrical system. It is a type of inductor that is connected in parallel with the electrical system, and is used to absorb excess reactive power. The shunt reactor is used to reduce the voltage fluctuations in the system, and to improve the power factor of the system. It is also used to protect the system from overvoltage and to reduce the harmonic distortion in the system.
The shunt reactor    market is expected to grow in the coming years due to the increasing demand for reliable and efficient power systems. The increasing demand for renewable energy sources, such as solar and wind power, is also expected to drive the growth of the shunt reactor market. The increasing demand for smart grids and the need for efficient power transmission and distribution systems are also expected to drive the growth of the shunt reactor market.
Some of the major companies in the shunt reactor market include ABB, Siemens, Schneider Electric, Eaton, and General Electric. Show Less   Read more