Dallas, TX -- (SBWIRE) -- 07/28/2015 -- 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.

The analysts forecast 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.

The 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.

The following companies are the key players in the Global Shunt Reactor Market: ABB, Crompton Greaves and Siemens.

Other Prominent Vendors in the market are: Alben Industries, Alstom, BPEG Reactors, JSC Zaporozhtransformator, Transformers & Rectifiers, TBEA and Tebian Electric Apparatus.

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Market Driver: Addition of High-voltage Transmission Lines

Market Challenge: Threat from Low-cost Vendors

Market Trend: Increased Investments in Renewable Energy Sources

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?