PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1763668
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1763668
Oil Immersed Single Phase Shunt Reactor Market Introduction and Overview
According to SPER market research, 'Global Oil Immersed Single Phase Shunt Reactor Market Size- By Installed Capacity, By Voltage, By Reactor Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Oil Immersed Single Phase Shunt Reactor Market is predicted to reach 397.51 million by 2034 with a CAGR of 4.31%.
High-voltage power transmission systems use an electrical device known as an oil-immersed single-phase shunt reactor to absorb reactive power and control voltage levels. It is packed with insulating oil, which acts as electrical insulation and aids in cooling the internal parts. In order to avoid overvoltage situations brought on by light load or no-load situations, these reactors, which are made to function in single-phase systems, are usually connected to lengthy transmission lines or cables.
Restraints: There are a number of important barriers that could prevent the global market for oil-immersed single-phase shunt reactors from expanding. The largest of these is the high implementation and initial investment expenses for healthcare providers. Many healthcare organizations could find it difficult to cover the upfront expenses of deploying cutting-edge software, particularly smaller clinics or solo practitioners.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Installed Capacity, By Voltage, By Reactor Type
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered ABB Ltd., Arteche Group, CESI S.p.A., CG Power, Eaton Corporation, Emotron AB, General Electric Company, LG Electronics, Mitsubishi Electric Corporation, Siemens AG, and Sumec People's Electrical Equipment Group.
Global Oil Immersed Single Phase Shunt Reactor Market Segmentation:
By Installed Capacity: Based on the Installed Capacity, Global Oil Immersed Single Phase Shunt Reactor Market is segmented as; Below 50 MVAR, 50-100 MVAR, 100-150 MVAR, above 150 MVAR.
By Voltage: Based on the Voltage, Global Oil Immersed Single Phase Shunt Reactor Market is segmented as; Below 132 kV, 132-220 kV, 220-400 kV, above 400 kV.
By Reactor Type: Based on the Reactor Type, Global Oil Immersed Single Phase Shunt Reactor Market is segmented as; Dry-Type, Oil-Immersed, Air-Core, Liquid-Filled.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.