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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 t

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 market is projected to grow at a CAGR of 4.56% from 2017 to 2022”
The shunt reactor market is estimated to reach USD 2.56 billion in 2017 and is projected to reach USD 3.19 billion by 2022, at a CAGR of 4.56% from 2017 to 2022. The increasing demand for electricity, upgrading of the aging technology in developing countries, and the addition of high voltage transmission lines are the driving factors for the shunt reactor market. Developing nations are currently increasing their power generation capacity to satisfy the growing energy demands. Industrialization and urbanization are being majorly seen in the Asia Pacific region, which houses two of the fastest growing economies in the world, India and China. The growing focus toward grid reliability and energy loss minimization during transmission led to the introduction and development of alternative technologies such as FACTS (Flexible AC Transmission System) and HVDC systems act as restraints for the shunt reactor market.

“The oil-immersed type segment is expected to grow at the highest CAGR from 2017 to 2022”
Oil-immersed reactors are expected to be the largest market during the forecast period. The increase in the demand for electricity and rising investments in the T&D infrastructure leads to the addition of high voltage transmission lines to meet the demand for electricity. Thus, with an increase in the T&D infrastructure, the demand for oil-immersed reactors is expected to increase.

“The electric utilities end-user segment is expected to be the largest market during the forecast period”
The electric utilities end-users segment is projected to have the largest market during the forecast period. The demand for electricity is increasing as various developing nations are engaged in expanding their power generation capacity to provide electricity. The process of industrialization demands the ever-growing need for electricity. The countries are going to renewable energy sources such building power plants to cater the demand for electricity. This would also lead to rising investments toward strengthening the grid along with supporting infrastructures such as transformers and reactors. As the demand for electricity rises, the electric utilities would require more reactors.

“Asia Pacific is expected to grow at the highest CAGR from 2017 to 2022”
The Asia Pacific region is currently the largest market for shunt reactors, followed by North America and Europe. China accounted for a majority share in Asia Pacific in 2014 and is projected to grow at the highest CAGR from 2017 to 2022. The increasing demand for shunt reactors in Asia Pacific is due to the growing investments in utilities, which would result in improved grid reliability. The addition of high voltage transmission network and rising investments in renewable sources are likely to attribute the growth of the shunt reactor market in the Asia Pacific region.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 40%, Tier 2- 35%, Tier 3- 25%
By Designation: C-Level- 75%, Manager Level- 25%
By Region: North America-15%, Europe-25%, Asia Pacific- 40%, Middle East and Africa-15%, South America-5%

Note: The tier of the companies has been defined based on their total revenue, as of 2016: Tier 1 = >USD 5 billion, Tier 2 = > USD 0.5 billion to USD 5 billion, and Tier 3 = <USD 0.5 billion

Source: Industry Experts and MarketsandMarkets Analysis

Leading players in this industry have been profiled with their recent developments and other strategic activities. These include GE (US), Siemens (Germany), ABB (Switzerland), and Crompton Greaves (India).

Research Coverage:
From an insight perspective, this research report has focused on various levels of analysis, namely, industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the shunt reactor market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights into the following pointers:
• Market Penetration: Comprehensive information on products and integrated solutions and services offered by the top players in the global shunt reactor market

• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the shunt reactor market

• Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for shunt reactors across regions

• Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the global shunt reactor market


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table SHUNT REACTOR MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE SHUNT REACTOR MARKET
    • SHUNT REACTOR MARKET, BYCOUNTRY, 2017-2022
    • SHUNT REACTOR MARKET, BY TYPE, 2017 & 2022
    • ASIA PACIFIC SHUNT REACTOR MARKET, BY COUNTRY & ENDUSER, 2016
    • SHUNT REACTOR MARKET, BY APPLICATION, 2017
  • MARKET OVERVIEW
    • INTRODUCTION
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
  • SHUNT REACTOR MARKET, BY TYPE
    • INTRODUCTION
      • Table SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
    • OIL-IMMERSED SHUNT REACTORS
      • Table OIL-IMMERSED: SHUNT REACTOR MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: OIL-IMMERSED SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: OIL-IMMERSED SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: OIL-IMMERSED SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: OIL-IMMERSED SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: OIL-IMMERSED SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 USD MILLION)
    • AIR-CORE SHUNT REACTORS
      • Table AIR-CORE: SHUNT REACTOR MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: AIR-CORE SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: AIR-CORE SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: AIR-CORE SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: AIR-CORE SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: AIR-CORE SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
  • SHUNT REACTOR MARKET, BY END-USER
    • INTRODUCTION
      • Table SHUNT REACTOR MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
    • ELECTRIC UTILITIES
      • Table ELECTRIC UTILITIES: SHUNT REACTOR MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • INDUSTRIAL VERTICALS
      • Table INDUSTRIAL VERTICALS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • SHUNT REACTOR MARKET, BY APPLICATION
    • INTRODUCTION
      • Table SHUNT REACTOR MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • VARIABLE SHUNT REACTOR
      • Table VARIABLE: SHUNT REACTOR MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • FIXED SHUNT REACTOR
      • Table FIXED: SHUNT REACTOR MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • SHUNT REACTOR MARKET, BY REGION
    • INTRODUCTION
      • Table SHUNT REACTOR MARKET SIZE, BY REGION, USD MILLION, 2015-2022 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: SHUNT REACTOR MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: SHUNT REACTOR MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • CHINA
        • Table CHINA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • INDIA
        • Table INDIA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • JAPAN
        • Table JAPAN: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: SHUNT REACTOR MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: SHUNT REACTOR MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • US
        • Table US: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • CANADA
        • Table CANADA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • MEXICO
        • Table MEXICO: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: SHUNT REACTOR MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • Table EUROPE: SHUNT REACTOR MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table EUROPE: SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • GERMANY
        • Table GERMANY: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • UK
        • Table UK: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • FRANCE
        • Table FRANCE: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • ITALY
        • Table ITALY: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • SWEDEN
        • Table SWEDEN: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • SPAIN
        • Table SPAIN: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: SHUNT REACTOR MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: SHUNT REACTOR MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table MIDDLE EAST & AFRICA: SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • UAE
        • Table UAE: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • KUWAIT
        • Table KUWAIT: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • QATAR
        • Table QATAR: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD THOUSAND)
      • ALGERIA
        • Table ALGERIA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD THOUSAND)
      • NIGERIA
        • Table NIGERIA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD THOUSAND)
      • REST OF THE MIDDLE EAST & AFRICA
        • Table REST OF THE MIDDLE EAST & AFRICA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD THOUSAND)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: SHUNT REACTOR MARKET SIZE, BY END-USER, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: SHUNT REACTOR MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: SHUNT REACTOR MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: SHUNT REACTOR MARKET SIZE, BY TYPE, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SCENARIO
      • CONTRACTS & AGREEMENTS
        • Table CONTRACTS & AGREEMENTS, 2014-2017
      • EXPANSIONS
        • Table EXPANSIONS, 2014-2017
  • COMPANY PROFILES
    • ABB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SIEMENS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CROMPTON GREAVES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • GENERAL ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ZAPOROZHTRANSFORMATOR
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • FUJI ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TOSHIBA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MITSUBISHI ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • NISSIN ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • TBEA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TRENCH GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • HILKAR
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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