Market Dynamics of Shunt Reactor Market 2016-2021

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Shunt Reactor Market Forecast (2016 - 2021)


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Shunt Reactor Market - By Phase (Single Phase, Three Phase); By Type

(Air-Core Dry Shunt Reactor, Oil Immersed); By Industry (Power

Substations, Industry Verticals, Others); & Geography - Forecast 2016 -

2021

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The shunt reactor increases the energy efficiency of the system by acting as an absorber to the reactive power. Commonly used for reactive power compensation in long high-voltage transmission lines and in cable systems, this product has high demand in various industries. Thus, there is high demand for the Shunt Reactor Market.


Shunt Reactor Market Overview



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Market Revenue




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North America is the leading region for Shunt Reactor Market. North America region is

expected to have highest growth in the next few years due to growing adoption of

shunt reactor in industrial applications.

The North America shunt reactor market accounts for more than quarter of the global

market for Shunt reactor and is the fastest growing market followed by Asia during

2016 - 2021.The dry type reactors are expected to have the highest growth during the

forecast period 2016-2021. Power substations, various industries are the major end-

users for Shunt reactors.

Geographical Gist of the Shunt Reactor Market:




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Market Drivers

Addition Of High Voltage Transmission Lines

Low Transmission Power Lines

Growth Of Renewable Energy

Market Constraints & Challenges

Low Quality & Cheap Products

Attractiveness Of The Shunt Reactor Industry

Power Of Suppliers

Threats From New Entrants

Power Of Buyer

Threat From Substitute Product

Degree Of Competition

Shunt Reactor Market Forces




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The conditions or the working environment of shunt reactor are not the same as it was

a few decades ago due to the constant improvisation and dynamism of this market.

Shunt reactor market is constantly evolving, thus facilitating development of new

technologies. Low transmission power lines and growth of renewable energy are the

major drivers for this industry.

Shunt Reactor Market Driving Factors




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The Shunt Reactor Market is segmented into various categories in the IndustryARC market

research report by phase, by type, by industry and by geography.

By phase: single phase and three phase

By type: air-core dry shunt reactor, oil-immersed and others

By industry: chemical industry, oil & gas industry, pharmaceuticals, paper & pulp,

electronics, food & beverage, electrical utilities and others

By geography: North America, South America, Europe, Asia pacific and ROW

Shunt Reactor Market Segmentation




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According to market research report by IndustryARC, Some of the prominent companies in

the global Shunt Reactor Market are:

ABB

Crompton Greaves Limited

S & C Electric Co.

Alfa Tec Inc.

Square One Electric Service Co.

The major key players are profiled in this report including company overview, financial

overview, business strategies, product portfolios, recent developments and market shares.

Key Market Players of Shunt Reactor Market


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Analytical Method Base Model Consolidated Model Delphi Verification Base Method Consolidation Method

1. Granular breakdown of drivers into factors2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms of their relevance & impact on the market. 4. Build the

1. Get a top down Estimate of the market2. Follow it up with a bottom up estimate of the market. 3. Check for consistency and new growth factors that that are relevant over the next 10 Years4. Build the

1.Granular breakdown of the drivers into factors2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms or their relevance & impact on the market. 4. Build the

1. Verify the findings of the model with experts from across the value chain.2. Verify the findings with players across small and large enterprises3. Tweak the model and add new factors4. Finalize the

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Market Dynamics of Shunt Reactor Market 2016-2021