Part 1
Part 2
Part 3
Part 5
A shunt reactor is an absorber of reactive power, thus increasing the energy efficiency of the system. It is the most compact device commonly used for reactive power compensation in long high-voltage transmission lines and in cable systems. Shunt Reactor report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Shunt Reactor market is projected to reach US$ 2871.9 million in 2029, increasing from US$ 2329.6 million in 2022, with the CAGR of 2.6% during the period of 2023 to 2029. Demand from Electric Utilities and Industrial Verticals are the major drivers for the industry.
Asia Pacific is currently the largest market for shunt reactors, followed by North America and Europe. China accounted for a majority share in the Asia Pacific region and is projected to grow at the highest CAGR from 2018 to 2023. In developing countries such as China and India, factors such as strong growth in the demand for electricity fueled by high levels of urbanization, industrialization, infrastructural developments, and subsequent investments in developing T&D networks, would spur the demand for shunt reactors. The figure below shows the market sizes for all the regions from 2018 to 2023. Report Scope This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Shunt Reactor market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. Manufacturers, Type, Application and Regions Listed in the Report: By Company ABB Siemens Crompton Greaves GE Zaporozhtransformator Fuji Electric Toshiba Mitsubishi Electric Nissin Electric TBEA Trench Group Hilkar Beijing Power Equipment Group HYOSUNG Segment by Type Oil-immersed Air-core Segment by Application Electric Utilities Industrial Verticals Segment by Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia U.A.E Each chapter of the report provides detailed information for readers to understand the Shunt Reactor market further: Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Shunt Reactor, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Shunt Reactor industry. Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Shunt Reactor in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis. Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Shunt Reactor introduction, etc. Shunt Reactor Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part. Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter. Chapter 12: Market Channel, Distributors and Customers are listed. Chapter 13: QYResearch’s Conclusions of Shunt Reactor market based on comprehensive survey. Chapter 14: Methodology and Data Sources adopted by QYResearch.
1 Shunt Reactor Market Overview
1.1 Shunt Reactor Product Overview
1.2 Shunt Reactor Market Segment by Type
1.2.1 Oil-immersed
1.2.2 Air-core
1.3 Global Shunt Reactor Market Size by Type
1.3.1 Global Shunt Reactor Market Size Overview by Type (2018-2029)
1.3.2 Global Shunt Reactor Historic Market Size Review by Type (2018-2023)
1.3.3 Global Shunt Reactor Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Shunt Reactor Sales Breakdown by Type (2018-2023)
1.4.2 Europe Shunt Reactor Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Shunt Reactor Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Shunt Reactor Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Shunt Reactor Sales Breakdown by Type (2018-2023)
2 Global Shunt Reactor Market Competition by Company
2.1 Global Top Players by Shunt Reactor Sales (2018-2023)
2.2 Global Top Players by Shunt Reactor Revenue (2018-2023)
2.3 Global Top Players by Shunt Reactor Price (2018-2023)
2.4 Global Top Manufacturers Shunt Reactor Manufacturing Base Distribution, Sales Area, Product Type
2.5 Shunt Reactor Market Competitive Situation and Trends
2.5.1 Shunt Reactor Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Shunt Reactor Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Shunt Reactor as of 2022)
2.7 Date of Key Manufacturers Enter into Shunt Reactor Market
2.8 Key Manufacturers Shunt Reactor Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Shunt Reactor Status and Outlook by Region
3.1 Global Shunt Reactor Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Shunt Reactor Historic Market Size by Region
3.2.1 Global Shunt Reactor Sales in Volume by Region (2018-2023)
3.2.2 Global Shunt Reactor Sales in Value by Region (2018-2023)
3.2.3 Global Shunt Reactor Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Shunt Reactor Forecasted Market Size by Region
3.3.1 Global Shunt Reactor Sales in Volume by Region (2024-2029)
3.3.2 Global Shunt Reactor Sales in Value by Region (2024-2029)
3.3.3 Global Shunt Reactor Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Shunt Reactor by Application
4.1 Shunt Reactor Market Segment by Application
4.1.1 Electric Utilities
4.1.2 Industrial Verticals
4.2 Global Shunt Reactor Market Size by Application
4.2.1 Global Shunt Reactor Market Size Overview by Application (2018-2029)
4.2.2 Global Shunt Reactor Historic Market Size Review by Application (2018-2023)
4.2.3 Global Shunt Reactor Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Shunt Reactor Sales Breakdown by Application (2018-2023)
4.3.2 Europe Shunt Reactor Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Shunt Reactor Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Shunt Reactor Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Shunt Reactor Sales Breakdown by Application (2018-2023)
5 North America Shunt Reactor by Country
5.1 North America Shunt Reactor Historic Market Size by Country
5.1.1 North America Shunt Reactor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Shunt Reactor Sales in Volume by Country (2018-2023)
5.1.3 North America Shunt Reactor Sales in Value by Country (2018-2023)
5.2 North America Shunt Reactor Forecasted Market Size by Country
5.2.1 North America Shunt Reactor Sales in Volume by Country (2024-2029)
5.2.2 North America Shunt Reactor Sales in Value by Country (2024-2029)
6 Europe Shunt Reactor by Country
6.1 Europe Shunt Reactor Historic Market Size by Country
6.1.1 Europe Shunt Reactor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Shunt Reactor Sales in Volume by Country (2018-2023)
6.1.3 Europe Shunt Reactor Sales in Value by Country (2018-2023)
6.2 Europe Shunt Reactor Forecasted Market Size by Country
6.2.1 Europe Shunt Reactor Sales in Volume by Country (2024-2029)
6.2.2 Europe Shunt Reactor Sales in Value by Country (2024-2029)
7 Asia-Pacific Shunt Reactor by Region
7.1 Asia-Pacific Shunt Reactor Historic Market Size by Region
7.1.1 Asia-Pacific Shunt Reactor Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Shunt Reactor Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Shunt Reactor Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Shunt Reactor Forecasted Market Size by Region
7.2.1 Asia-Pacific Shunt Reactor Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Shunt Reactor Sales in Value by Region (2024-2029)
8 Latin America Shunt Reactor by Country
8.1 Latin America Shunt Reactor Historic Market Size by Country
8.1.1 Latin America Shunt Reactor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Shunt Reactor Sales in Volume by Country (2018-2023)
8.1.3 Latin America Shunt Reactor Sales in Value by Country (2018-2023)
8.2 Latin America Shunt Reactor Forecasted Market Size by Country
8.2.1 Latin America Shunt Reactor Sales in Volume by Country (2024-2029)
8.2.2 Latin America Shunt Reactor Sales in Value by Country (2024-2029)
9 Middle East and Africa Shunt Reactor by Country
9.1 Middle East and Africa Shunt Reactor Historic Market Size by Country
9.1.1 Middle East and Africa Shunt Reactor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Shunt Reactor Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Shunt Reactor Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Shunt Reactor Forecasted Market Size by Country
9.2.1 Middle East and Africa Shunt Reactor Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Shunt Reactor Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Shunt Reactor Products Offered
10.1.5 ABB Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens Shunt Reactor Products Offered
10.2.5 Siemens Recent Development
10.3 Crompton Greaves
10.3.1 Crompton Greaves Company Information
10.3.2 Crompton Greaves Introduction and Business Overview
10.3.3 Crompton Greaves Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Crompton Greaves Shunt Reactor Products Offered
10.3.5 Crompton Greaves Recent Development
10.4 GE
10.4.1 GE Company Information
10.4.2 GE Introduction and Business Overview
10.4.3 GE Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.4.4 GE Shunt Reactor Products Offered
10.4.5 GE Recent Development
10.5 Zaporozhtransformator
10.5.1 Zaporozhtransformator Company Information
10.5.2 Zaporozhtransformator Introduction and Business Overview
10.5.3 Zaporozhtransformator Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Zaporozhtransformator Shunt Reactor Products Offered
10.5.5 Zaporozhtransformator Recent Development
10.6 Fuji Electric
10.6.1 Fuji Electric Company Information
10.6.2 Fuji Electric Introduction and Business Overview
10.6.3 Fuji Electric Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Fuji Electric Shunt Reactor Products Offered
10.6.5 Fuji Electric Recent Development
10.7 Toshiba
10.7.1 Toshiba Company Information
10.7.2 Toshiba Introduction and Business Overview
10.7.3 Toshiba Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Toshiba Shunt Reactor Products Offered
10.7.5 Toshiba Recent Development
10.8 Mitsubishi Electric
10.8.1 Mitsubishi Electric Company Information
10.8.2 Mitsubishi Electric Introduction and Business Overview
10.8.3 Mitsubishi Electric Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Mitsubishi Electric Shunt Reactor Products Offered
10.8.5 Mitsubishi Electric Recent Development
10.9 Nissin Electric
10.9.1 Nissin Electric Company Information
10.9.2 Nissin Electric Introduction and Business Overview
10.9.3 Nissin Electric Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Nissin Electric Shunt Reactor Products Offered
10.9.5 Nissin Electric Recent Development
10.10 TBEA
10.10.1 TBEA Company Information
10.10.2 TBEA Introduction and Business Overview
10.10.3 TBEA Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.10.4 TBEA Shunt Reactor Products Offered
10.10.5 TBEA Recent Development
10.11 Trench Group
10.11.1 Trench Group Company Information
10.11.2 Trench Group Introduction and Business Overview
10.11.3 Trench Group Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Trench Group Shunt Reactor Products Offered
10.11.5 Trench Group Recent Development
10.12 Hilkar
10.12.1 Hilkar Company Information
10.12.2 Hilkar Introduction and Business Overview
10.12.3 Hilkar Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hilkar Shunt Reactor Products Offered
10.12.5 Hilkar Recent Development
10.13 Beijing Power Equipment Group
10.13.1 Beijing Power Equipment Group Company Information
10.13.2 Beijing Power Equipment Group Introduction and Business Overview
10.13.3 Beijing Power Equipment Group Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Beijing Power Equipment Group Shunt Reactor Products Offered
10.13.5 Beijing Power Equipment Group Recent Development
10.14 HYOSUNG
10.14.1 HYOSUNG Company Information
10.14.2 HYOSUNG Introduction and Business Overview
10.14.3 HYOSUNG Shunt Reactor Sales, Revenue and Gross Margin (2018-2023)
10.14.4 HYOSUNG Shunt Reactor Products Offered
10.14.5 HYOSUNG Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Shunt Reactor Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Shunt Reactor Industrial Chain Analysis
11.4 Shunt Reactor Market Dynamics
11.4.1 Shunt Reactor Industry Trends
11.4.2 Shunt Reactor Market Drivers
11.4.3 Shunt Reactor Market Challenges
11.4.4 Shunt Reactor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Shunt Reactor Distributors
12.3 Shunt Reactor Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
List of Tables Table 1. Major Company of Oil-immersed Table 2. Major Company of Air-core Table 3. Global Shunt Reactor Sales by Type 2018 VS 2022 VS 2029 (US$ Million) Table 4. Global Shunt Reactor Sales by Type (2018-2023) & (K Units) Table 5. Global Shunt Reactor Sales Market Share in Volume by Type (2018-2023) Table 6. Global Shunt Reactor Sales by Type (2018-2023) & (US& Million) Table 7. Global Shunt Reactor Market Share in Value by Type (2018-2023) Table 8. Global Shunt Reactor Price by Type (2018-2023) & (USD/Unit) Table 9. Global Shunt Reactor Sales by Type (2024-2029) & (K Units) Table 10. Global Shunt Reactor Sales Market Share in Volume by Type (2024-2029) Table 11. Global Shunt Reactor Sales by Type (2024-2029) & (US$ Million) Table 12. Global Shunt Reactor Sales Market Share in Value by Type (2024-2029) Table 13. Global Shunt Reactor Price by Type (2024-2029) & (USD/Unit) Table 14. North America Shunt Reactor Sales by Type (2018-2023) & (K Units) Table 15. North America Shunt Reactor Sales by Type (2018-2023) & (US$ Million) Table 16. Europe Shunt Reactor Sales (K Units) by Type (2018-2023) Table 17. Europe Shunt Reactor Sales by Type (2018-2023) & (US$ Million) Table 18. Asia-Pacific Shunt Reactor Sales (K Units) by Type (2018-2023) Table 19. Asia-Pacific Shunt Reactor Sales by Type (2018-2023) & (US$ Million) Table 20. Latin America Shunt Reactor Sales (K Units) by Type (2018-2023) Table 21. Latin America Shunt Reactor Sales by Type (2018-2023) & (US$ Million) Table 22. Middle East and Africa Shunt Reactor Sales (K Units) by Type (2018-2023) Table 23. Middle East and Africa Shunt Reactor Sales by Type (2018-2023) & (US$ Million) Table 24. Global Shunt Reactor Sales by Company (2018-2023) & (K Units) Table 25. Global Shunt Reactor Sales Share by Company (2018-2023) Table 26. Global Shunt Reactor Revenue by Company (2018-2023) & (US$ Million) Table 27. Global Shunt Reactor Revenue Share by Company (2018-2023) Table 28. Global Market Shunt Reactor Price by Company (2018-2023) & (USD/Unit) Table 29. Global Shunt Reactor Top Manufacturers Manufacturing Base Distribution and Sales Area Table 30. Global Shunt Reactor Manufacturers Market Concentration Ratio (CR5 and HHI) Table 31. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Shunt Reactor as of 2022) Table 32. Date of Key Manufacturers Enter into Shunt Reactor Market Table 33. Key Manufacturers Shunt Reactor Product Type Table 34. Mergers & Acquisitions, Expansion Plans Table 35. Global Shunt Reactor Market Size Comparison by Region (US$ Million): 2018 VS 2022 VS 2029 Table 36. Global Shunt Reactor Sales by Region (2018-2023) & (K Units) Table 37. Global Shunt Reactor Sales Market Share in Volume by Region (2018-2023) Table 38. Global Shunt Reactor Sales by Region (2018-2023) & (US$ Million) Table 39. Global Shunt Reactor Sales Market Share in Value by Region (2018-2023) Table 40. Global Shunt Reactor Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2018-2023) Table 41. Global Shunt Reactor Sales by Region (2024-2029) & (K Units) Table 42. Global Shunt Reactor Sales Market Share in Volume by Region (2024-2029) Table 43. Global Shunt Reactor Sales by Region (2024-2029) & (US$ Million) Table 44. Global Shunt Reactor Sales Market Share in Value by Region (2024-2029) Table 45. Global Shunt Reactor Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2024-2029) Table 46. Global Shunt Reactor Sales by Application: 2018 VS 2022 VS 2029 (US$ Million) Table 47. Global Shunt Reactor Sales by Application (2018-2023) & (K Units) Table 48. Global Shunt Reactor Sales Market Share in Volume by Application (2018-2023) Table 49. Global Shunt Reactor Sales by Application (2018-2023) & (US$ Million) Table 50. Global Shunt Reactor Sales Market Share in Value by Application (2018-2023) Table 51. Global Shunt Reactor Price by Application (2018-2023) & (USD/Unit) Table 52. Global Shunt Reactor Sales by Application (2024-2029) & (K Units) Table 53. Global Shunt Reactor Sales Market Share in Volume by Application (2024-2029) Table 54. Global Shunt Reactor Sales by Application (2024-2029) & (US$ Million) Table 55. Global Shunt Reactor Sales Market Share in Value by Application (2024-2029) Table 56. Global Shunt Reactor Price by Application (2024-2029) & (USD/Unit) Table 57. North America Shunt Reactor Sales by Application (2018-2023) (K Units) Table 58. North America Shunt Reactor Sales by Application (2018-2023) & (US$ Million) Table 59. Europe Shunt Reactor Sales by Application (2018-2023) (K Units) Table 60. Europe Shunt Reactor Sales by Application (2018-2023) & (US$ Million) Table 61. Asia-Pacific Shunt Reactor Sales by Application (2018-2023) (K Units) Table 62. Asia-Pacific Shunt Reactor Sales by Application (2018-2023) & (US$ Million) Table 63. Latin America Shunt Reactor Sales by Application (2018-2023) (K Units) Table 64. Latin America Shunt Reactor Sales by Application (2018-2023) & (US$ Million) Table 65. Middle East and Africa Shunt Reactor Sales by Application (2018-2023) (K Units) Table 66. Middle East and Africa Shunt Reactor Sales by Application (2018-2023) & (US$ Million) Table 67. North America Shunt Reactor Sales by Country (2018-2023) & (K Units) Table 68. North America Shunt Reactor Sales Market Share in Volume by Country (2018-2023) Table 69. North America Shunt Reactor Sales by Country (2018-2023) & (US$ Million) Table 70. North America Shunt Reactor Sales Market Share in Value by Country (2018-2023) Table 71. North America Shunt Reactor Sales by Country (2024-2029) & (K Units) Table 72. North America Shunt Reactor Sales Market Share in Volume by Country (2024-2029) Table 73. North America Shunt Reactor Sales by Country (2024-2029) & (US$ Million) Table 74. North America Shunt Reactor Sales Market Share in Value by Country (2024-2029) Table 75. Europe Shunt Reactor Sales by Country (2018-2023) & (K Units) Table 76. Europe Shunt Reactor Sales Market Share in Volume by Country (2018-2023) Table 77. Europe Shunt Reactor Sales by Country (2018-2023) & (US$ Million) Table 78. Europe Shunt Reactor Sales Market Share in Value by Country (2018-2023) Table 79. Europe Shunt Reactor Sales by Country (2024-2029) & (K Units) Table 80. Europe Shunt Reactor Sales Market Share in Volume by Country (2024-2029) Table 81. Europe Shunt Reactor Sales by Country (2024-2029) & (US$ Million) Table 82. Europe Shunt Reactor Sales Market Share in Value by Country (2024-2029) Table 83. Asia-Pacific Shunt Reactor Sales by Region (2018-2023) & (K Units) Table 84. Asia-Pacific Shunt Reactor Sales Market Share in Volume by Region (2018-2023) Table 85. Asia-Pacific Shunt Reactor Sales by Region (2018-2023) & (US$ Million) Table 86. Asia-Pacific Shunt Reactor Sales Market Share in Value by Region (2018-2023) Table 87. Asia-Pacific Shunt Reactor Sales by Region (2024-2029) & (K Units) Table 88. Asia-Pacific Shunt Reactor Sales Market Share in Volume by Region (2024-2029) Table 89. Asia-Pacific Shunt Reactor Sales by Region (2024-2029) & (US$ Million) Table 90. Asia-Pacific Shunt Reactor Sales Market Share in Value by Region (2024-2029) Table 91. Latin America Shunt Reactor Sales by Country (2018-2023) & (K Units) Table 92. Latin America Shunt Reactor Sales Market Share in Volume by Country (2018-2023) Table 93. Latin America Shunt Reactor Sales by Country (2018-2023) & (US$ Million) Table 94. Latin America Shunt Reactor Sales Market Share in Value by Country (2018-2023) Table 95. Latin America Shunt Reactor Sales by Country (2024-2029) & (K Units) Table 96. Latin America Shunt Reactor Sales Market Share in Volume by Country (2024-2029) Table 97. Latin America Shunt Reactor Sales by Country (2024-2029) & (US$ Million) Table 98. Latin America Shunt Reactor Sales Market Share in Value by Country (2024-2029) Table 99. Middle East and Africa Shunt Reactor Sales by Country (2018-2023) & (K Units) Table 100. Middle East and Africa Shunt Reactor Sales Market Share in Volume by Country (2018-2023) Table 101. Middle East and Africa Shunt Reactor Sales by Country (2018-2023) & (US$ Million) Table 102. Middle East and Africa Shunt Reactor Sales Market Share in Value by Country (2018-2023) Table 103. Middle East and Africa Shunt Reactor Sales by Country (2024-2029) & (K Units) Table 104. Middle East and Africa Shunt Reactor Sales Market Share in Volume by Country (2024-2029) Table 105. Middle East and Africa Shunt Reactor Sales by Country (2024-2029) & (US$ Million) Table 106. Middle East and Africa Shunt Reactor Sales Market Share in Value by Country (2024-2029) Table 107. ABB Company Information Table 108. ABB Introduction and Business Overview Table 109. ABB Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 110. ABB Shunt Reactor Product Table 111. ABB Recent Development Table 112. Siemens Company Information Table 113. Siemens Introduction and Business Overview Table 114. Siemens Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 115. Siemens Shunt Reactor Product Table 116. Siemens Recent Development Table 117. Crompton Greaves Company Information Table 118. Crompton Greaves Introduction and Business Overview Table 119. Crompton Greaves Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 120. Crompton Greaves Shunt Reactor Product Table 121. Crompton Greaves Recent Development Table 122. GE Company Information Table 123. GE Introduction and Business Overview Table 124. GE Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 125. GE Shunt Reactor Product Table 126. GE Recent Development Table 127. Zaporozhtransformator Company Information Table 128. Zaporozhtransformator Introduction and Business Overview Table 129. Zaporozhtransformator Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 130. Zaporozhtransformator Shunt Reactor Product Table 131. Zaporozhtransformator Recent Development Table 132. Fuji Electric Company Information Table 133. Fuji Electric Introduction and Business Overview Table 134. Fuji Electric Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 135. Fuji Electric Shunt Reactor Product Table 136. Fuji Electric Recent Development Table 137. Toshiba Company Information Table 138. Toshiba Introduction and Business Overview Table 139. Toshiba Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 140. Toshiba Shunt Reactor Product Table 141. Toshiba Recent Development Table 142. Mitsubishi Electric Company Information Table 143. Mitsubishi Electric Introduction and Business Overview Table 144. Mitsubishi Electric Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 145. Mitsubishi Electric Shunt Reactor Product Table 146. Mitsubishi Electric Recent Development Table 147. Nissin Electric Company Information Table 148. Nissin Electric Introduction and Business Overview Table 149. Nissin Electric Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 150. Nissin Electric Shunt Reactor Product Table 151. Nissin Electric Recent Development Table 152. TBEA Company Information Table 153. TBEA Introduction and Business Overview Table 154. TBEA Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 155. TBEA Shunt Reactor Product Table 156. TBEA Recent Development Table 157. Trench Group Company Information Table 158. Trench Group Introduction and Business Overview Table 159. Trench Group Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 160. Trench Group Shunt Reactor Product Table 161. Trench Group Recent Development Table 162. Hilkar Company Information Table 163. Hilkar Introduction and Business Overview Table 164. Hilkar Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 165. Hilkar Shunt Reactor Product Table 166. Hilkar Recent Development Table 167. Beijing Power Equipment Group Company Information Table 168. Beijing Power Equipment Group Introduction and Business Overview Table 169. Beijing Power Equipment Group Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 170. Beijing Power Equipment Group Shunt Reactor Product Table 171. Beijing Power Equipment Group Recent Development Table 172. HYOSUNG Company Information Table 173. HYOSUNG Introduction and Business Overview Table 174. HYOSUNG Shunt Reactor Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2018-2023) Table 175. HYOSUNG Shunt Reactor Product Table 176. HYOSUNG Recent Development Table 177. Key Raw Materials Lists Table 178. Raw Materials Key Suppliers Lists Table 179. Shunt Reactor Market Trends Table 180. Shunt Reactor Market Drivers Table 181. Shunt Reactor Market Challenges Table 182. Shunt Reactor Market Restraints Table 183. Shunt Reactor Distributors List Table 184. Shunt Reactor Downstream Customers Table 185. Research Programs/Design for This Report Table 186. Key Data Information from Secondary Sources Table 187. Key Data Information from Primary Sources List of Figures Figure 1. Shunt Reactor Product Picture Figure 2. Global Shunt Reactor Market Size, 2018 VS 2022 VS 2029 (US$ Million) Figure 3. Global Shunt Reactor Market Size Status and Outlook (2018-2029) & (US$ Million) Figure 4. Global Shunt Reactor Sales Status and Outlook (2018-2029) & (K Units) Figure 5. Product Picture of Oil-immersed Figure 6. Global Oil-immersed Sales YoY Growth (2018-2029) & (K Units) Figure 7. Product Picture of Air-core Figure 8. Global Air-core Sales YoY Growth (2018-2029) & (K Units) Figure 9. Global Shunt Reactor Sales by Type (2018-2029) & (US$ Million) Figure 10. Global Shunt Reactor Sales Market Share by Type in 2022 & 2029 Figure 11. North America Shunt Reactor Sales Market Share in Volume by Type in 2022 Figure 12. North America Shunt Reactor Sales Market Share in Value by Type in 2022 Figure 13. Europe Shunt Reactor Sales Market Share in Volume by Type in 2022 Figure 14. Europe Shunt Reactor Sales Market Share in Value by Type in 2022 Figure 15. Asia-Pacific Shunt Reactor Sales Market Share in Volume by Type in 2022 Figure 16. Asia-Pacific Shunt Reactor Sales Market Share in Value by Type in 2022 Figure 17. Latin America Shunt Reactor Sales Market Share in Volume by Type in 2022 Figure 18. Latin America Shunt Reactor Sales Market Share in Value by Type in 2022 Figure 19. Middle East and Africa Shunt Reactor Sales Market Share in Volume by Type in 2022 Figure 20. Middle East and Africa Shunt Reactor Sales Market Share in Value by Type in 2022 Figure 21. The 5 and 10 Largest Manufacturers in the World: Market Share by Shunt Reactor Sales in 2022 Figure 22. The 5 and 10 Largest Manufacturers in the World: Market Share by Shunt Reactor Revenue in 2022 Figure 23. Shunt Reactor Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022 Figure 24. Product Picture of Electric Utilities Figure 25. Global Electric Utilities Sales YoY Growth (2018-2029) & (K Units) Figure 26. Product Picture of Industrial Verticals Figure 27. Global Industrial Verticals Sales YoY Growth (2018-2029) & (K Units) Figure 28. Global Shunt Reactor Sales by Application (2018-2029) & (US$ Million) Figure 29. Global Shunt Reactor Sales Market Share by Application in 2022 & 2029 Figure 30. North America Shunt Reactor Sales Market Share in Volume by Application in 2022 Figure 31. North America Shunt Reactor Sales Market Share in Value by Application in 2022 Figure 32. Europe Shunt Reactor Sales Market Share in Volume by Application in 2022 Figure 33. Europe Shunt Reactor Sales Market Share in Value by Application in 2022 Figure 34. Asia-Pacific Shunt Reactor Sales Market Share in Volume by Application in 2022 Figure 35. Asia-Pacific Shunt Reactor Sales Market Share in Value by Application in 2022 Figure 36. Latin America Shunt Reactor Sales Market Share in Volume by Application in 2022 Figure 37. Latin America Shunt Reactor Sales Market Share in Value by Application in 2022 Figure 38. Middle East and Africa Shunt Reactor Sales Market Share in Value by Application in 2022 Figure 39. Key Raw Materials Price Figure 40. Shunt Reactor Manufacturing Cost Structure Figure 41. Shunt Reactor Industrial Chain Analysis Figure 42. Channels of Distribution Figure 43. Distributors Profiles Figure 44. Bottom-up and Top-down Approaches for This Report Figure 45. Data Triangulation Figure 46. Key Executives Interviewed
A shunt reactor is an absorber of reactive power, thus increasing the energy efficiency of the system. It is the most compact device commonly used for reactive power compensation in long high-voltage transmission lines and in cable systems. Shunt Reactor report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Shunt Reactor market is projected to reach US$ 2871.9 million in 2029, increasing from US$ 2329.6 million in 2022, with the CAGR of 2.6% during the period of 2023 to 2029. Demand from Electric Utilities and Industrial Verticals are the major drivers for the industry.
Asia Pacific is currently the largest market for shunt reactors, followed by North America and Europe. China accounted for a majority share in the Asia Pacific region and is projected to grow at the highest CAGR from 2018 to 2023. In developing countries such as China and India, factors such as strong growth in the demand for electricity fueled by high levels of urbanization, industrialization, infrastructural developments, and subsequent investments in developing T&D networks, would spur the demand for shunt reactors. The figure below shows the market sizes for all the regions from 2018 to 2023. Report Scope This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Shunt Reactor market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. Manufacturers, Type, Application and Regions Listed in the Report: By Company ABB Siemens Crompton Greaves GE Zaporozhtransformator Fuji Electric Toshiba Mitsubishi Electric Nissin Electric TBEA Trench Group Hilkar Beijing Power Equipment Group HYOSUNG Segment by Type Oil-immersed Air-core Segment by Application Electric Utilities Industrial Verticals Segment by Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia U.A.E Each chapter of the report provides detailed information for readers to understand the Shunt Reactor market further: Chapter 1: Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Shunt Reactor, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Shunt Reactor industry. Chapter 3: Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Shunt Reactor in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Chapter 4: Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023. Chapter 5 to 9: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis. Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Shunt Reactor introduction, etc. Shunt Reactor Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part. Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter. Chapter 12: Market Channel, Distributors and Customers are listed. Chapter 13: QYResearch’s Conclusions of Shunt Reactor market based on comprehensive survey. Chapter 14: Methodology and Data Sources adopted by QYResearch.
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A comprehensive and in-depth analysis of current industry data on markets, competitors and suppliers.
In-depth research on key industry players and analysis of production and sales operations.
Objective forecasts of future trends in the industry.
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
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A comprehensive and in-depth analysis of current industry data on markets, competitors and suppliers.
In-depth research on key industry players and analysis of production and sales operations.
Objective forecasts of future trends in the industry.
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 17 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
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