Global shunt reactor market to grow at a CAGR of 8.11% over the period 2014-2019

(MoneyNewsWire.Net, July 29, 2015 )
About Shunt Reactor
A shunt reactor is used to protect a transmission line from high voltage levels. The reactance of a transmission line consumes reactive power along the line when it is loaded. Reactance is the characteristic of electrical or electronic equipment to oppose changes in electric current or voltage because of inductance or capacitance.

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Technavio's analysts forecast the global shunt reactor market to grow at a CAGR of 8.11% over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the global shunt reactor market for the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of shunt reactors.

Technavio's report, Global Shunt Reactor Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors
ABB
Crompton Greaves
Siemens

Other Prominent Vendors
Alben Industries
Alstom
BPEG Reactors
JSC Zaporozhtransformator
Transformers & Rectifiers
TBEA
Tebian Electric Apparatus

Market Driver
Addition of High-voltage Transmission Lines
For a full, detailed list, view our report

Market Challenge
Threat from Low-cost Vendors
For a full, detailed list, view our report

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Market Trend
Increased Investments in Renewable Energy Sources
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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