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(Construction.IndustryNews247.Com, September 10, 2019 ) Market Overview
• Air-Core Shunt Reactors are electrical devices that give a linear response of impedance versus current required for various applications such as industrial facilities, T&D networks, power generation, OEMs and electrical test laboratories. The dry type design is maintenance free and environmentally friendly.
• Global Air-Core Shunt reactor market is driven by increasing need for electricity, and rising need for maintaining the high voltage in power transmission lines.
• Air-Core shunt reactors manufactured by ABB are mainly based on a technical concept known as gapped core concept that is mainly designed to minimize sound, losses, and vibration.
• The market for Variable Shunt Reactor is growing rapidly compared to fixed Shunt reactor as it is more capable of controlling the voltage during high-voltage power transmission lines.
• They are more advanced in stabilizing the fluctuations of voltage over large transmission networks, hence need for variable shunt reactor is growing.
• As the demand for electricity increases in developing countries,there is a rise in power generation which needs to be maintained by various electrical utilities. Hence, to stabilize the voltage level in power transmission lines, the market for shunt reactor is growing. Air-core shunt reactor is easily available and environment-friendly.
• In 2016, approx. 4.08 trillion kilowatt hours of electricity was generated in the United States.
• By Type: Single Phase Air-Core and Three Phase Air-Core shunt reactor.
• Based on Rating: Fixed Shunt Reactor and Variable Shunt Reactor.
• Based on Application, the market is segmented into Industrial and Residential.
The report profiles companies which include
• ABB Ltd,
• Fuji Electric Co.,
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