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Global High Voltage Shunt Reactors Market Research Report 2024
Synopsis
High-voltage shunt reactors are the most compact reactive power conditioning devices in high-voltage transmission lines and cable networks, used to maintain voltage across load differences. The shunt reactor can be connected directly to the power line or to the tertiary winding of a three-winding transformer. In high-voltage power transmission systems, high-voltage shunt reactors are used to maintain voltage stability when the load changes.
Global High Voltage Shunt Reactors market is projected to reach US$ 3560.8 million in 2029, increasing from US$ 2553 million in 2022, with the CAGR of 5.3% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole High Voltage Shunt Reactors market research.
Increasing adoption of advanced technologies is likely to reduce the demand for power distribution and transmission equipment over the forecast period, and increasing number of power distribution and transmission equipment modernization projects across the globe is expected to drive market growth. With urbanization, the need for electricity to stabilize systems and regulate voltages is increasing. Increase in the number of power transmission, modernization, and upgrades is driving the growth of the shunt reactor market. The increasing level of urbanization drives the growth of the three-phase market segment. According to the number of phases, the market is divided into single-phase and three-phase. Of these, three-phase power generation is expected to account for the largest share owing to increasing industrialization. Oil-immersed reactors dominate the market growth due to their compatibility with high-voltage systems, and based on type, the market is segmented into air-core and oil-immersed. The major share of the global market is expected to be occupied by oil-immersed shunt reactors due to their compatibility with high-voltage systems.
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 High Voltage Shunt Reactors market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Siemens
Hitachi
ABB
Crompton
Coil Innovation
General Electric
Zaporozhtransformator
Toshiba
Mitsubishi
Nissin Electric
Fuji Electronic
Hyosung
TBEA
Hilkar
Beijing Power Equipment Group
Segment by Type
Dry Type
Oil-Immersed Type
Segment by Application
Residential
Industrial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The High Voltage Shunt Reactors report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
High-voltage shunt reactors are the most compact reactive power conditioning devices in high-voltage transmission lines and cable networks, used to maintain voltage across load differences. The shunt reactor can be connected directly to the power line or to the tertiary winding of a three-winding transformer. In high-voltage power transmission systems, high-voltage shunt reactors are used to maintain voltage stability when the load changes.
Global High Voltage Shunt Reactors market is projected to reach US$ 3560.8 million in 2029, increasing from US$ 2553 million in 2022, with the CAGR of 5.3% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole High Voltage Shunt Reactors market research.
Increasing adoption of advanced technologies is likely to reduce the demand for power distribution and transmission equipment over the forecast period, and increasing number of power distribution and transmission equipment modernization projects across the globe is expected to drive market growth. With urbanization, the need for electricity to stabilize systems and regulate voltages is increasing. Increase in the number of power transmission, modernization, and upgrades is driving the growth of the shunt reactor market. The increasing level of urbanization drives the growth of the three-phase market segment. According to the number of phases, the market is divided into single-phase and three-phase. Of these, three-phase power generation is expected to account for the largest share owing to increasing industrialization. Oil-immersed reactors dominate the market growth due to their compatibility with high-voltage systems, and based on type, the market is segmented into air-core and oil-immersed. The major share of the global market is expected to be occupied by oil-immersed shunt reactors due to their compatibility with high-voltage systems.
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 High Voltage Shunt Reactors market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Siemens
Hitachi
ABB
Crompton
Coil Innovation
General Electric
Zaporozhtransformator
Toshiba
Mitsubishi
Nissin Electric
Fuji Electronic
Hyosung
TBEA
Hilkar
Beijing Power Equipment Group
Segment by Type
Dry Type
Oil-Immersed Type
Segment by Application
Residential
Industrial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The High Voltage Shunt Reactors report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 High Voltage Shunt Reactors Market Overview
1.1 Product Definition
1.2 High Voltage Shunt Reactors Segment by Type
1.2.1 Global High Voltage Shunt Reactors Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Dry Type
1.2.3 Oil-Immersed Type
1.3 High Voltage Shunt Reactors Segment by Application
1.3.1 Global High Voltage Shunt Reactors Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Residential
1.3.3 Industrial
1.4 Global Market Growth Prospects
1.4.1 Global High Voltage Shunt Reactors Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global High Voltage Shunt Reactors Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global High Voltage Shunt Reactors Production Estimates and Forecasts (2018-2029)
1.4.4 Global High Voltage Shunt Reactors Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global High Voltage Shunt Reactors Production Market Share by Manufacturers (2018-2023)
2.2 Global High Voltage Shunt Reactors Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of High Voltage Shunt Reactors, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global High Voltage Shunt Reactors Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global High Voltage Shunt Reactors Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of High Voltage Shunt Reactors, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of High Voltage Shunt Reactors, Product Offered and Application
2.8 Global Key Manufacturers of High Voltage Shunt Reactors, Date of Enter into This Industry
2.9 High Voltage Shunt Reactors Market Competitive Situation and Trends
2.9.1 High Voltage Shunt Reactors Market Concentration Rate
2.9.2 Global 5 and 10 Largest High Voltage Shunt Reactors Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 High Voltage Shunt Reactors Production by Region
3.1 Global High Voltage Shunt Reactors Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global High Voltage Shunt Reactors Production Value by Region (2018-2029)
3.2.1 Global High Voltage Shunt Reactors Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of High Voltage Shunt Reactors by Region (2024-2029)
3.3 Global High Voltage Shunt Reactors Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global High Voltage Shunt Reactors Production by Region (2018-2029)
3.4.1 Global High Voltage Shunt Reactors Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of High Voltage Shunt Reactors by Region (2024-2029)
3.5 Global High Voltage Shunt Reactors Market Price Analysis by Region (2018-2023)
3.6 Global High Voltage Shunt Reactors Production and Value, Year-over-Year Growth
3.6.1 North America High Voltage Shunt Reactors Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe High Voltage Shunt Reactors Production Value Estimates and Forecasts (2018-2029)
3.6.3 China High Voltage Shunt Reactors Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan High Voltage Shunt Reactors Production Value Estimates and Forecasts (2018-2029)
4 High Voltage Shunt Reactors Consumption by Region
4.1 Global High Voltage Shunt Reactors Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global High Voltage Shunt Reactors Consumption by Region (2018-2029)
4.2.1 Global High Voltage Shunt Reactors Consumption by Region (2018-2023)
4.2.2 Global High Voltage Shunt Reactors Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America High Voltage Shunt Reactors Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America High Voltage Shunt Reactors Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe High Voltage Shunt Reactors Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe High Voltage Shunt Reactors Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific High Voltage Shunt Reactors Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific High Voltage Shunt Reactors Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa High Voltage Shunt Reactors Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa High Voltage Shunt Reactors Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global High Voltage Shunt Reactors Production by Type (2018-2029)
5.1.1 Global High Voltage Shunt Reactors Production by Type (2018-2023)
5.1.2 Global High Voltage Shunt Reactors Production by Type (2024-2029)
5.1.3 Global High Voltage Shunt Reactors Production Market Share by Type (2018-2029)
5.2 Global High Voltage Shunt Reactors Production Value by Type (2018-2029)
5.2.1 Global High Voltage Shunt Reactors Production Value by Type (2018-2023)
5.2.2 Global High Voltage Shunt Reactors Production Value by Type (2024-2029)
5.2.3 Global High Voltage Shunt Reactors Production Value Market Share by Type (2018-2029)
5.3 Global High Voltage Shunt Reactors Price by Type (2018-2029)
6 Segment by Application
6.1 Global High Voltage Shunt Reactors Production by Application (2018-2029)
6.1.1 Global High Voltage Shunt Reactors Production by Application (2018-2023)
6.1.2 Global High Voltage Shunt Reactors Production by Application (2024-2029)
6.1.3 Global High Voltage Shunt Reactors Production Market Share by Application (2018-2029)
6.2 Global High Voltage Shunt Reactors Production Value by Application (2018-2029)
6.2.1 Global High Voltage Shunt Reactors Production Value by Application (2018-2023)
6.2.2 Global High Voltage Shunt Reactors Production Value by Application (2024-2029)
6.2.3 Global High Voltage Shunt Reactors Production Value Market Share by Application (2018-2029)
6.3 Global High Voltage Shunt Reactors Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Siemens
7.1.1 Siemens High Voltage Shunt Reactors Corporation Information
7.1.2 Siemens High Voltage Shunt Reactors Product Portfolio
7.1.3 Siemens High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Siemens Main Business and Markets Served
7.1.5 Siemens Recent Developments/Updates
7.2 Hitachi
7.2.1 Hitachi High Voltage Shunt Reactors Corporation Information
7.2.2 Hitachi High Voltage Shunt Reactors Product Portfolio
7.2.3 Hitachi High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Hitachi Main Business and Markets Served
7.2.5 Hitachi Recent Developments/Updates
7.3 ABB
7.3.1 ABB High Voltage Shunt Reactors Corporation Information
7.3.2 ABB High Voltage Shunt Reactors Product Portfolio
7.3.3 ABB High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.3.4 ABB Main Business and Markets Served
7.3.5 ABB Recent Developments/Updates
7.4 Crompton
7.4.1 Crompton High Voltage Shunt Reactors Corporation Information
7.4.2 Crompton High Voltage Shunt Reactors Product Portfolio
7.4.3 Crompton High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Crompton Main Business and Markets Served
7.4.5 Crompton Recent Developments/Updates
7.5 Coil Innovation
7.5.1 Coil Innovation High Voltage Shunt Reactors Corporation Information
7.5.2 Coil Innovation High Voltage Shunt Reactors Product Portfolio
7.5.3 Coil Innovation High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Coil Innovation Main Business and Markets Served
7.5.5 Coil Innovation Recent Developments/Updates
7.6 General Electric
7.6.1 General Electric High Voltage Shunt Reactors Corporation Information
7.6.2 General Electric High Voltage Shunt Reactors Product Portfolio
7.6.3 General Electric High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.6.4 General Electric Main Business and Markets Served
7.6.5 General Electric Recent Developments/Updates
7.7 Zaporozhtransformator
7.7.1 Zaporozhtransformator High Voltage Shunt Reactors Corporation Information
7.7.2 Zaporozhtransformator High Voltage Shunt Reactors Product Portfolio
7.7.3 Zaporozhtransformator High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Zaporozhtransformator Main Business and Markets Served
7.7.5 Zaporozhtransformator Recent Developments/Updates
7.8 Toshiba
7.8.1 Toshiba High Voltage Shunt Reactors Corporation Information
7.8.2 Toshiba High Voltage Shunt Reactors Product Portfolio
7.8.3 Toshiba High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Toshiba Main Business and Markets Served
7.7.5 Toshiba Recent Developments/Updates
7.9 Mitsubishi
7.9.1 Mitsubishi High Voltage Shunt Reactors Corporation Information
7.9.2 Mitsubishi High Voltage Shunt Reactors Product Portfolio
7.9.3 Mitsubishi High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Mitsubishi Main Business and Markets Served
7.9.5 Mitsubishi Recent Developments/Updates
7.10 Nissin Electric
7.10.1 Nissin Electric High Voltage Shunt Reactors Corporation Information
7.10.2 Nissin Electric High Voltage Shunt Reactors Product Portfolio
7.10.3 Nissin Electric High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Nissin Electric Main Business and Markets Served
7.10.5 Nissin Electric Recent Developments/Updates
7.11 Fuji Electronic
7.11.1 Fuji Electronic High Voltage Shunt Reactors Corporation Information
7.11.2 Fuji Electronic High Voltage Shunt Reactors Product Portfolio
7.11.3 Fuji Electronic High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Fuji Electronic Main Business and Markets Served
7.11.5 Fuji Electronic Recent Developments/Updates
7.12 Hyosung
7.12.1 Hyosung High Voltage Shunt Reactors Corporation Information
7.12.2 Hyosung High Voltage Shunt Reactors Product Portfolio
7.12.3 Hyosung High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Hyosung Main Business and Markets Served
7.12.5 Hyosung Recent Developments/Updates
7.13 TBEA
7.13.1 TBEA High Voltage Shunt Reactors Corporation Information
7.13.2 TBEA High Voltage Shunt Reactors Product Portfolio
7.13.3 TBEA High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.13.4 TBEA Main Business and Markets Served
7.13.5 TBEA Recent Developments/Updates
7.14 Hilkar
7.14.1 Hilkar High Voltage Shunt Reactors Corporation Information
7.14.2 Hilkar High Voltage Shunt Reactors Product Portfolio
7.14.3 Hilkar High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Hilkar Main Business and Markets Served
7.14.5 Hilkar Recent Developments/Updates
7.15 Beijing Power Equipment Group
7.15.1 Beijing Power Equipment Group High Voltage Shunt Reactors Corporation Information
7.15.2 Beijing Power Equipment Group High Voltage Shunt Reactors Product Portfolio
7.15.3 Beijing Power Equipment Group High Voltage Shunt Reactors Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Beijing Power Equipment Group Main Business and Markets Served
7.15.5 Beijing Power Equipment Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 High Voltage Shunt Reactors Industry Chain Analysis
8.2 High Voltage Shunt Reactors Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 High Voltage Shunt Reactors Production Mode & Process
8.4 High Voltage Shunt Reactors Sales and Marketing
8.4.1 High Voltage Shunt Reactors Sales Channels
8.4.2 High Voltage Shunt Reactors Distributors
8.5 High Voltage Shunt Reactors Customers
9 High Voltage Shunt Reactors Market Dynamics
9.1 High Voltage Shunt Reactors Industry Trends
9.2 High Voltage Shunt Reactors Market Drivers
9.3 High Voltage Shunt Reactors Market Challenges
9.4 High Voltage Shunt Reactors Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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