Fixed Shunt Reactor Market Size, Share and Forecast 2026

(EstateNewsWire.com, September 10, 2019 ) Market Overview
• The Global Fixed Shunt Reactors Market was valued at USD xx million in 2018 and is forecasted to reach USD xx million by 2026, with a CAGR of xx% during the forecast period (2019-2026).
Market Dynamics
• Fixed Shunt Reactors are traditionally adopted devices in which rated reactive power consumption is approximately constant. They are being used for many years in transmission and distribution systems. The global fixed shunt reactor market is driving by increasing power generation and the rising need for maintaining high voltage power transmission lines.

Market Segmentation
• The global Fixed Shunt Reactor Market is segmented based By Type into Single Phase and Three Phase shunt reactor.
• Further, based on Application, the market is segmented into Industrial and Residential.
• Based on the type of Fixed Shunt Reactor, the Three Phase Fixed Shunt Reactor has the largest market share of over 60% of the global Fixed Shunt reactor market. Three Phase Fixed Shunt reactors are growing because of increasing need for high-voltage transmission lines and cables.

Geographical Analysis
Geographically, the market is segmented into
• North America,
• Asia-Pacific,
• Europe,
• South America,
• and RoW.

Company profiles
The report profiles the following companies, which includes
• ABB Ltd, Siemens,
• Toshiba,
• Fuji Electric Co.,
• Others

Scope of this report
• The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.

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