Shunt Reactor Market Revenue Growth During the Forecast Period 2021- 2025 
                     Adroit Market Research
Global Shunt Reactor Market Size
by Type (Oil-Immersed and Air-Core Dry), by End-User 
Industry (Electrical Utilities and Industrial Verticals), by 
Region and Forecast 2018 to 2025
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Adoption Of Renewable Energy Generation Has Accelerated Global 
Shunt Reactor Market Growth
• Shunt reactor are basically inductive loads used to absorb reactive power, thereby reduce overall 
voltage generated by line capacitance. It is used for improving the energy efficiency of a system. 
These devices are generally used for reactive power compensation in long high-voltage cable 
systems and transmission lines.
• The global shunt reactor market size has shown optimistic growth in past which is anticipated to 
scale up to USD 4.26 Billion by the end of 2025. The key drivers of shunt reactors across the globe 
includes growing energy demand, growing investments on power transmission & distribution 
network, addition of high transmission lines and establishment of renewable energy plants.
• However, there are some factors that may hamper the overall growth such as increasing demand 
for alternative technologies like HVDC systems and FACTS. Besides, instability seen in cost of raw 
materials used for manufacturing of shunt reactors like gauge devices, capillary tubes, radiators, 
steel sheets, copper conductors, silica gel, etc. The design of smart grid technologies and constant 
surge in the development of power generation technologies are some of the factors that is 
expected to offer multiple growth opportunities across the globe. This market foresees optimistic 
growth prospects in emerging countries like China and India.
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Adoption Of Renewable Energy Generation Has Accelerated Global Shunt 
Reactor Market Growth
• Smart grids would act as an opportunity for shunt reactor manufacturers as they help to improve energy 
efficiency. The existing grid infrastructure in most electric networks around the world is traditional and need an 
upgrade. Hence, growing need for renewable energy supply and penetration of IoT are expected to boost the 
demand for smart grids. Thus, shunt reactors have a lot of potential in the near future and can be installed to 
manage the fluctuations and loss of power while smart grids can help in transmitting data about outages and 
faults in the substation automatically.
• The global shunt reactors market report has a segmentation based on type which includes oil-immersed and air-
core dry shunt reactors. Category of oil-immersed shunt reactors is anticipated to dominate the market in the 
forthcoming years. Expanding power transmission & distribution infrastructure in developing regions, growing 
global enegy demand and addition of high voltage transmission is projected to be the dynamic driving force for 
the shunt reactor market. Application of these shunt reactors is dominantly in transmission lines which include 
voltage levels greater than 40kV. Oil-immersed reactors comes with core-less or with gapped iron core. Usually, 
they have three-phase or single-phase design with or without fan cooling and installed within tanks which hold oil 
& act as metallic magnetic shields. Oil-immersed shunt reactors are considered highly compact, cost-efficient 
and suitable for high voltage transmission lines.
• The global shunt rectors has regional segmentation which covers Europe, Asia-pacific, South America, Middle 
East & Africa. In 2018, Asia-Pacific had highest share for shunt reactors across the globe and the market is 
expected to exhibit optimistic growth during the forecast period. In asia-pacific, there is high investment in smart 
grid infrastructure development, increasing dependence on renewable power generation sources, modernization 
and upgradation of electrical networks in recent past. China held highest shre in the Asia-Pacific region as there 
is enormous demand for electricity fueled by industrialization and urbanization and investment in developing 
T&D network, would fuel the demand for shunt reactors.
•
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Products, Inc., ABB Ltd, Siemens AG, CG Power, Fuji Electric Co., Ltd., General Electric Company, TBEA Co., Ltd, 
HICO America, Nissin Electric Co., Ltd, Zaporozhtransformator, and others. 
Adroit Market Research
Segment Overview of Global Shunt Reactor Market
Type Overview, 2015-2025 (USD Billion)
• Oil-immersed Shunt Reactor
• Air-Core Dry Shunt Reactor
End-user Overview, 2015-2025 (USD Billion)
• Electrical Utilities
• Industrial Verticals
Regional Overview, 2015-2025 (USD Million)
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
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