According to the latest report by IMARC Group,the global shunt reactor market reached a value of US$ 3.1 Billion in 2020.  A shunt reactor is an electronic device that absorbs excess reactive power that is generated by overhead lines under low-load conditions. This assists in stabilizing the voltage and increasing the overall efficiency of the power supply system.

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Global Shunt Reactor
Market Research Report
and Forecast 2021-2026
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
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3. Report Description
Report Description and Highlights
Global Shunt Reactor Market Outlook 2026:
As per the latest report by IMARC Group, titled “Shunt Reactor Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2021-2026,” the global shunt reactor market reached a value
of US$ 3.1 Billion in 2020.
A shunt reactor is an electronic device that absorbs excess reactive power that is generated by
overhead lines under low-load conditions.
This assists in stabilizing the voltage and increasing the overall efficiency of the power supply system. A
shunt reactor can be directly connected to the power line or a tertiary winding of a three-winding
transformer.
It is often switched in and out on an everyday basis, keeping into consideration the load situation in the
system. As it requires low maintenance and operating costs, it is widely utilized in different sectors.
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market/requestsample

4. Report Description
Report Description and Highlights
Global Shunt Reactor Market Trends:
The market is currently experiencing stable growth on account of the continually escalating demand for
energy across the globe. This can be accredited to rapid urbanization, the growing global population
and boosting sales of consumer electronics.
Besides this, the increasing need for efficient power systems to ensure an uninterrupted supply of
power is strengthening the shunt reactor market growth.
Moreover, as the utilization of shunt reactors is associated with reduced carbon footprint and voltage
jumps, their demand is rising worldwide. Furthermore, governing agencies in numerous countries are
financing the upgradation, as well as setting up of new transmission and distribution networks.
They are also investing in smart grid technologies, which is further contributing to the growth of the
market.
Apart from this, leading players operating in the industry are increasing their investments in research
and development (R&D) activities to develop high voltage transmission systems, which is anticipated to
fuel the market growth in the upcoming years.

5. Market Summary:
Breakup by Type:
• Oil-Immersed
• Air-Core
Breakup by End-User:
• Electric Utilities
• Industrial Verticals
Breakup by Application:
• Variable Reactor
• Fixed Reactor
Report Description
Report Description and Highlights

6. Breakup by Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
On account of these factors, the market is expected to witness robust growth during the forecast
period (2021-2026).
Report Description
Report Description and Highlights

7. Competitive Landscape With Keyplayer:
• ABB Ltd.
• General Electric (GE) Company
• Siemens AG
• Nissin Electric Co. Ltd.
• PrJSC Zaporozhtransformator
• CG Power and Industrial Solutions Limited
• Alstom SA
• Hyundai Heavy Industries Co. Ltd.
• Mitsubishi Electric Corporation
• Hitachi Ltd.
• Toshiba Corporation
• Hilkar Electric Limited
• Fuji Electric Co, Ltd.
• TBEA Co. Ltd.
• Trench Group.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/shunt-reactor-market
Report Description
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8. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

10. Report Description
Report Description and Highlights
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