Market Research

Shunt Reactor Market Forecasts to 2028 – Global Analysis By Type (Dry Type, Oil-Immersed), Rating (Variable Shunt Reactor, Fixed Shunt Reactor), Phase (Three Phase, Single Phase), Voltage (200-400 Kv, Up to 200 Kv, Above 400 Kv), Application (Industrial,

Best Price Guarantee Length Publisher Published Date SKU
from $4,150 175 Pages Stratistics Market Research Consulting May, 2023 SMR17938978
Best Price Guarantee
Price from $4,150
Length 175 Pages
Publisher Stratistics Market Research Consulting
Published Date May, 2023
SKU SMR17938978

Shunt Reactor Market Forecasts to 2028 – Global Analysis By Type (Dry Type, Oil-Immersed), Rating (Variable Shunt Reactor, Fixed Shunt Reactor), Phase (Three Phase, Single Phase), Voltage (200-400 Kv, Up to 200 Kv, Above 400 Kv), Application (Industrial, Residential), End User (Industrial Verticals, Electrical Utilities, Renewable Energy, Other End Users) and Geography


According to Stratistics MRC, the Global Shunt Reactor Market is accounted for $3.1 billion in 2022 and is expected to reach $4.5 billion by 2028 growing at a CAGR of 6.6% during the forecast period. Shunt reactors are used to increase the efficiency of the power and energy systems by absorbing and compensating for reactive power in cables and lengthy high-voltage transmission lines. The power line or the third winding of a three-winding modulator can both be directly connected to it. Shunt reactors are activated in high-voltage energy transmission networks to maintain the voltage throughout fluctuations in load.

The capacity exceeded 1,000 GW in 2021, according to the National Energy Administration, accounting for 43.5% of the country’s total power generation capacity.

Market Dynamics:

Driver:

Increasing Investment in Power Transmission Infrastructure Networks

For the major firms competing for market share, increased investment in electricity transmission infrastructure networks opens up significant expansion potential. Shunt reactors are necessary for the smart grid's quick growth to regulate load fluctuations. There is a need for a solution to lessen power loss during gearbox from various industries. As a result, market participants are turning their attention to new, cutting-edge technology to develop a substitute solution for lowering power losses and raising grid dependability. Industries are shifting their focus towards technology in order to build transmission and distribution systems for electric power that are both affordable and efficient. Additionally, there will be tremendous development prospects in the coming years due to the quick expansion of new power production projects using renewable energy sources.

Restraint:

Development of alternate technologies

FACTS (Flexible AC Transmission System), HVDC systems, and other alternative technologies were developed as a result of a growing focus on grid dependability and minimising energy loss during transmission. The use of capacitors in conventional grid stabilisation techniques has its own inherent constraints in terms of performance and speed, and these restrictions are rapidly making way for more efficient technologies like FACTS and HVDC systems. Consequently, the market's expansion is limited.

Opportunity:

Increasing Demand for Interrupted Power Supply

A significant element propelling the growth of the worldwide shunt reactor market is the rising demand for power combined with the length of transmission lines. Rising industrial, commercial, and residential sectors as a result of rapid urbanisation expansion place more demands on better voltage control for effective intermittent power supply. Shunt reactors are thus required to manage the voltage due to the increasing need for efficient interrupted power supplies, which will fuel the expansion of the global market in the ensuing years.

Threat:

Fluctuation in the Raw Material Prices

The expansion of the global market is hampered by the fluctuation in the cost of the raw materials required to make shunt reactors. These basic materials include gauge devices, silica gel, capillary tubes, steel sheets, copper conductors, and others. Continuous swings in the price of raw materials prompted retailers and producers to raise manufacturing costs, which impeded the market's expansion. As a result, the growth of the worldwide shunt reactor market is negatively impacted by fluctuations in raw material costs over the assessment period.

Covid-19 Impact

The worldwide shunt reactor market was adversely affected by the COVID-19 epidemic. Numerous containment strategies were put in place as a result of the virus's widespread breakout. Trade and supply chain constraints resulted from the implementation of a state-wide lockdown to stop the spread of the virus, which significantly impacted market activities. Demand for shunt reactors decreased as a result of delayed power project development and installation.

The Variable Shunt Reactor segment is expected to be the largest during the forecast period

The Variable Shunt Reactor segment is estimated to have a lucrative growth. In high voltage energy transmission networks, variable shunt reactors (VSR) are used to maintain voltage stability during load changes. Traditional shunt reactors have set ratings, and depending on the load, they can be permanently linked to the power line or can be switched in and out. A VSR's rating might be adjusted incrementally. The capability of the on-load tap changer combined with the shunt reactor's regulation winding determines the maximum regulation range. When compared to a conventional fixed shunt reactor, the variability offers greater advantages. Voltage stability is ensured by the VSR's capacity to continually correct reactive power as the load changes.

The 400 KV segment is expected to have the highest CAGR during the forecast period

The 400 KV segment is anticipated to witness the fastest CAGR growth during the forecast period, due to increased demands for protection against abrupt voltage spikes and expenditures in modernising current transmission and distribution networks. Additionally, the country's electrification is rising thanks to programmes like the Integrated Power Development Scheme (IPDS) and Deen Dayal Upadhyay Gramme Jyoti Yojana (DDUGJY), among others. Therefore, it is anticipated that the market would rise over the forecast period due to the need for high voltage shunt reactors from nations like India.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to fast rising demand in nations like China and India. Additionally, it is anticipated that an increase in renewable energy generating projects would favourably impact the market demand for shunt reactors. Thus, the industry has become more appealing from an investor's standpoint because to the increasing government backing and improved economics, which is further likely to increase the market for shunt reactors in the area.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period. The market in Europe consists of established countries with cutting-edge power grid infrastructure. The market for the product is being driven, however, by an expansion in the grid infrastructure development in nations around the area as well as the rising need for renewable power.

Key players in the market

Some of the key players profiled in the Shunt Reactor Market include Nissin Electric Co. Ltd., Adani Electricity Mumbai Ltd, Mitsubishi Electric Corporation, Hilkar, ABB Power Grids, Trench Austria GmbH, General Electric Company, TEBA Transformer Industrial Group, Hitachi, Trench Group, Fuji Electric Co. Ltd., Crompton Greaves, Toshiba Energy and Solutions Corporation, Beijing Power Equipment Group and Siemens AG.

Key Developments:

In April 2022, Adani Electricity Mumbai Ltd announced that it put into service a 220kV Variable Shunt Reactor (VSR) at its Gorai EHV substation. With the installation of this 220kV, 48-120 MVAr Variable Shunt Reactor, AEML becomes one of the pioneering utilities in India.

In June 2020, Siemens announced that it is recommended by Danish customer Semco Maritime to provide the main electrical devices for the electrical service platform for the Mayflower Wind LLC offshore wind project. The 1.6-GW research study is in a central rental agreement area near Massachusetts, USA.

Types Covered:
• Dry Type
• Oil-Immersed

Ratings Covered:
• Variable Shunt Reactor
• Fixed Shunt Reactor

Phases Covered:
• Three Phase
• Single Phase

Voltages Covered:
• 200-400 Kv
• Up to 200 Kv
• Above 400 Kv

Applications Covered:
• Industrial
• Residential

End Users Covered:
• Industrial Verticals
• Electrical Utilities
• Renewable Energy
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Shunt Reactor Market, By Type
5.1 Introduction
5.2 Dry Type
5.3 Oil-Immersed
6 Global Shunt Reactor Market, By Rating
6.1 Introduction
6.2 Variable Shunt Reactor
6.3 Fixed Shunt Reactor
7 Global Shunt Reactor Market, By Phase
7.1 Introduction
7.2 Three Phase
7.3 Single Phase
8 Global Shunt Reactor Market, By Voltage
8.1 Introduction
8.2 200-400 Kv
8.3 Up to 200 Kv
8.4 Above 400 Kv
9 Global Shunt Reactor Market, By Application
9.1 Introduction
9.2 Industrial
9.3 Residential
10 Global Shunt Reactor Market, By End User
10.1 Introduction
10.2 Industrial Verticals
10.3 Electrical Utilities
10.4 Renewable Energy
10.5 Other End Users
11 Global Shunt Reactor Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Nissin Electric Co. Ltd.
13.2 Adani Electricity Mumbai Ltd
13.3 Mitsubishi Electric Corporation
13.4 Hilkar
13.5 ABB Power Grids
13.6 Trench Austria GmbH
13.7 General Electric Company
13.8 TEBA Transformer Industrial Group
13.9 Hitachi
13.10 Trench Group
13.11 Fuji Electric Co. Ltd.
13.12 Crompton Greaves
13.13 Toshiba Energy and Solutions Corporation
13.14 Beijing Power Equipment Group
13.15 Siemens AG
List of Tables
Table 1 Global Shunt Reactor Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Shunt Reactor Market Outlook, By Type (2020-2028) ($MN)
Table 3 Global Shunt Reactor Market Outlook, By Dry Type (2020-2028) ($MN)
Table 4 Global Shunt Reactor Market Outlook, By Oil-Immersed (2020-2028) ($MN)
Table 5 Global Shunt Reactor Market Outlook, By Rating (2020-2028) ($MN)
Table 6 Global Shunt Reactor Market Outlook, By Variable Shunt Reactor (2020-2028) ($MN)
Table 7 Global Shunt Reactor Market Outlook, By Fixed Shunt Reactor (2020-2028) ($MN)
Table 8 Global Shunt Reactor Market Outlook, By Phase (2020-2028) ($MN)
Table 9 Global Shunt Reactor Market Outlook, By Three Phase (2020-2028) ($MN)
Table 10 Global Shunt Reactor Market Outlook, By Single Phase (2020-2028) ($MN)
Table 11 Global Shunt Reactor Market Outlook, By Voltage (2020-2028) ($MN)
Table 12 Global Shunt Reactor Market Outlook, By 200-400 Kv (2020-2028) ($MN)
Table 13 Global Shunt Reactor Market Outlook, By Up to 200 Kv (2020-2028) ($MN)
Table 14 Global Shunt Reactor Market Outlook, By Above 400 Kv (2020-2028) ($MN)
Table 15 Global Shunt Reactor Market Outlook, By Application (2020-2028) ($MN)
Table 16 Global Shunt Reactor Market Outlook, By Industrial (2020-2028) ($MN)
Table 17 Global Shunt Reactor Market Outlook, By Residential (2020-2028) ($MN)
Table 18 Global Shunt Reactor Market Outlook, By End User (2020-2028) ($MN)
Table 19 Global Shunt Reactor Market Outlook, By Industrial Verticals (2020-2028) ($MN)
Table 20 Global Shunt Reactor Market Outlook, By Electrical Utilities (2020-2028) ($MN)
Table 21 Global Shunt Reactor Market Outlook, By Renewable Energy (2020-2028) ($MN)
Table 22 Global Shunt Reactor Market Outlook, By Other End Users (2020-2028) ($MN)
Table 23 North America Shunt Reactor Market Outlook, By Country (2020-2028) ($MN)
Table 24 North America Shunt Reactor Market Outlook, By Type (2020-2028) ($MN)
Table 25 North America Shunt Reactor Market Outlook, By Dry Type (2020-2028) ($MN)
Table 26 North America Shunt Reactor Market Outlook, By Oil-Immersed (2020-2028) ($MN)
Table 27 North America Shunt Reactor Market Outlook, By Rating (2020-2028) ($MN)
Table 28 North America Shunt Reactor Market Outlook, By Variable Shunt Reactor (2020-2028) ($MN)
Table 29 North America Shunt Reactor Market Outlook, By Fixed Shunt Reactor (2020-2028) ($MN)
Table 30 North America Shunt Reactor Market Outlook, By Phase (2020-2028) ($MN)
Table 31 North America Shunt Reactor Market Outlook, By Three Phase (2020-2028) ($MN)
Table 32 North America Shunt Reactor Market Outlook, By Single Phase (2020-2028) ($MN)
Table 33 North America Shunt Reactor Market Outlook, By Voltage (2020-2028) ($MN)
Table 34 North America Shunt Reactor Market Outlook, By 200-400 Kv (2020-2028) ($MN)
Table 35 North America Shunt Reactor Market Outlook, By Up to 200 Kv (2020-2028) ($MN)
Table 36 North America Shunt Reactor Market Outlook, By Above 400 Kv (2020-2028) ($MN)
Table 37 North America Shunt Reactor Market Outlook, By Application (2020-2028) ($MN)
Table 38 North America Shunt Reactor Market Outlook, By Industrial (2020-2028) ($MN)
Table 39 North America Shunt Reactor Market Outlook, By Residential (2020-2028) ($MN)
Table 40 North America Shunt Reactor Market Outlook, By End User (2020-2028) ($MN)
Table 41 North America Shunt Reactor Market Outlook, By Industrial Verticals (2020-2028) ($MN)
Table 42 North America Shunt Reactor Market Outlook, By Electrical Utilities (2020-2028) ($MN)
Table 43 North America Shunt Reactor Market Outlook, By Renewable Energy (2020-2028) ($MN)
Table 44 North America Shunt Reactor Market Outlook, By Other End Users (2020-2028) ($MN)
Table 45 Europe Shunt Reactor Market Outlook, By Country (2020-2028) ($MN)
Table 46 Europe Shunt Reactor Market Outlook, By Type (2020-2028) ($MN)
Table 47 Europe Shunt Reactor Market Outlook, By Dry Type (2020-2028) ($MN)
Table 48 Europe Shunt Reactor Market Outlook, By Oil-Immersed (2020-2028) ($MN)
Table 49 Europe Shunt Reactor Market Outlook, By Rating (2020-2028) ($MN)
Table 50 Europe Shunt Reactor Market Outlook, By Variable Shunt Reactor (2020-2028) ($MN)
Table 51 Europe Shunt Reactor Market Outlook, By Fixed Shunt Reactor (2020-2028) ($MN)
Table 52 Europe Shunt Reactor Market Outlook, By Phase (2020-2028) ($MN)
Table 53 Europe Shunt Reactor Market Outlook, By Three Phase (2020-2028) ($MN)
Table 54 Europe Shunt Reactor Market Outlook, By Single Phase (2020-2028) ($MN)
Table 55 Europe Shunt Reactor Market Outlook, By Voltage (2020-2028) ($MN)
Table 56 Europe Shunt Reactor Market Outlook, By 200-400 Kv (2020-2028) ($MN)
Table 57 Europe Shunt Reactor Market Outlook, By Up to 200 Kv (2020-2028) ($MN)
Table 58 Europe Shunt Reactor Market Outlook, By Above 400 Kv (2020-2028) ($MN)
Table 59 Europe Shunt Reactor Market Outlook, By Application (2020-2028) ($MN)
Table 60 Europe Shunt Reactor Market Outlook, By Industrial (2020-2028) ($MN)
Table 61 Europe Shunt Reactor Market Outlook, By Residential (2020-2028) ($MN)
Table 62 Europe Shunt Reactor Market Outlook, By End User (2020-2028) ($MN)
Table 63 Europe Shunt Reactor Market Outlook, By Industrial Verticals (2020-2028) ($MN)
Table 64 Europe Shunt Reactor Market Outlook, By Electrical Utilities (2020-2028) ($MN)
Table 65 Europe Shunt Reactor Market Outlook, By Renewable Energy (2020-2028) ($MN)
Table 66 Europe Shunt Reactor Market Outlook, By Other End Users (2020-2028) ($MN)
Table 67 Asia Pacific Shunt Reactor Market Outlook, By Country (2020-2028) ($MN)
Table 68 Asia Pacific Shunt Reactor Market Outlook, By Type (2020-2028) ($MN)
Table 69 Asia Pacific Shunt Reactor Market Outlook, By Dry Type (2020-2028) ($MN)
Table 70 Asia Pacific Shunt Reactor Market Outlook, By Oil-Immersed (2020-2028) ($MN)
Table 71 Asia Pacific Shunt Reactor Market Outlook, By Rating (2020-2028) ($MN)
Table 72 Asia Pacific Shunt Reactor Market Outlook, By Variable Shunt Reactor (2020-2028) ($MN)
Table 73 Asia Pacific Shunt Reactor Market Outlook, By Fixed Shunt Reactor (2020-2028) ($MN)
Table 74 Asia Pacific Shunt Reactor Market Outlook, By Phase (2020-2028) ($MN)
Table 75 Asia Pacific Shunt Reactor Market Outlook, By Three Phase (2020-2028) ($MN)
Table 76 Asia Pacific Shunt Reactor Market Outlook, By Single Phase (2020-2028) ($MN)
Table 77 Asia Pacific Shunt Reactor Market Outlook, By Voltage (2020-2028) ($MN)
Table 78 Asia Pacific Shunt Reactor Market Outlook, By 200-400 Kv (2020-2028) ($MN)
Table 79 Asia Pacific Shunt Reactor Market Outlook, By Up to 200 Kv (2020-2028) ($MN)
Table 80 Asia Pacific Shunt Reactor Market Outlook, By Above 400 Kv (2020-2028) ($MN)
Table 81 Asia Pacific Shunt Reactor Market Outlook, By Application (2020-2028) ($MN)
Table 82 Asia Pacific Shunt Reactor Market Outlook, By Industrial (2020-2028) ($MN)
Table 83 Asia Pacific Shunt Reactor Market Outlook, By Residential (2020-2028) ($MN)
Table 84 Asia Pacific Shunt Reactor Market Outlook, By End User (2020-2028) ($MN)
Table 85 Asia Pacific Shunt Reactor Market Outlook, By Industrial Verticals (2020-2028) ($MN)
Table 86 Asia Pacific Shunt Reactor Market Outlook, By Electrical Utilities (2020-2028) ($MN)
Table 87 Asia Pacific Shunt Reactor Market Outlook, By Renewable Energy (2020-2028) ($MN)
Table 88 Asia Pacific Shunt Reactor Market Outlook, By Other End Users (2020-2028) ($MN)
Table 89 South America Shunt Reactor Market Outlook, By Country (2020-2028) ($MN)
Table 90 South America Shunt Reactor Market Outlook, By Type (2020-2028) ($MN)
Table 91 South America Shunt Reactor Market Outlook, By Dry Type (2020-2028) ($MN)
Table 92 South America Shunt Reactor Market Outlook, By Oil-Immersed (2020-2028) ($MN)
Table 93 South America Shunt Reactor Market Outlook, By Rating (2020-2028) ($MN)
Table 94 South America Shunt Reactor Market Outlook, By Variable Shunt Reactor (2020-2028) ($MN)
Table 95 South America Shunt Reactor Market Outlook, By Fixed Shunt Reactor (2020-2028) ($MN)
Table 96 South America Shunt Reactor Market Outlook, By Phase (2020-2028) ($MN)
Table 97 South America Shunt Reactor Market Outlook, By Three Phase (2020-2028) ($MN)
Table 98 South America Shunt Reactor Market Outlook, By Single Phase (2020-2028) ($MN)
Table 99 South America Shunt Reactor Market Outlook, By Voltage (2020-2028) ($MN)
Table 100 South America Shunt Reactor Market Outlook, By 200-400 Kv (2020-2028) ($MN)
Table 101 South America Shunt Reactor Market Outlook, By Up to 200 Kv (2020-2028) ($MN)
Table 102 South America Shunt Reactor Market Outlook, By Above 400 Kv (2020-2028) ($MN)
Table 103 South America Shunt Reactor Market Outlook, By Application (2020-2028) ($MN)
Table 104 South America Shunt Reactor Market Outlook, By Industrial (2020-2028) ($MN)
Table 105 South America Shunt Reactor Market Outlook, By Residential (2020-2028) ($MN)
Table 106 South America Shunt Reactor Market Outlook, By End User (2020-2028) ($MN)
Table 107 South America Shunt Reactor Market Outlook, By Industrial Verticals (2020-2028) ($MN)
Table 108 South America Shunt Reactor Market Outlook, By Electrical Utilities (2020-2028) ($MN)
Table 109 South America Shunt Reactor Market Outlook, By Renewable Energy (2020-2028) ($MN)
Table 110 South America Shunt Reactor Market Outlook, By Other End Users (2020-2028) ($MN)
Table 111 Middle East & Africa Shunt Reactor Market Outlook, By Country (2020-2028) ($MN)
Table 112 Middle East & Africa Shunt Reactor Market Outlook, By Type (2020-2028) ($MN)
Table 113 Middle East & Africa Shunt Reactor Market Outlook, By Dry Type (2020-2028) ($MN)
Table 114 Middle East & Africa Shunt Reactor Market Outlook, By Oil-Immersed (2020-2028) ($MN)
Table 115 Middle East & Africa Shunt Reactor Market Outlook, By Rating (2020-2028) ($MN)
Table 116 Middle East & Africa Shunt Reactor Market Outlook, By Variable Shunt Reactor (2020-2028) ($MN)
Table 117 Middle East & Africa Shunt Reactor Market Outlook, By Fixed Shunt Reactor (2020-2028) ($MN)
Table 118 Middle East & Africa Shunt Reactor Market Outlook, By Phase (2020-2028) ($MN)
Table 119 Middle East & Africa Shunt Reactor Market Outlook, By Three Phase (2020-2028) ($MN)
Table 120 Middle East & Africa Shunt Reactor Market Outlook, By Single Phase (2020-2028) ($MN)
Table 121 Middle East & Africa Shunt Reactor Market Outlook, By Voltage (2020-2028) ($MN)
Table 122 Middle East & Africa Shunt Reactor Market Outlook, By 200-400 Kv (2020-2028) ($MN)
Table 123 Middle East & Africa Shunt Reactor Market Outlook, By Up to 200 Kv (2020-2028) ($MN)
Table 124 Middle East & Africa Shunt Reactor Market Outlook, By Above 400 Kv (2020-2028) ($MN)
Table 125 Middle East & Africa Shunt Reactor Market Outlook, By Application (2020-2028) ($MN)
Table 126 Middle East & Africa Shunt Reactor Market Outlook, By Industrial (2020-2028) ($MN)
Table 127 Middle East & Africa Shunt Reactor Market Outlook, By Residential (2020-2028) ($MN)
Table 128 Middle East & Africa Shunt Reactor Market Outlook, By End User (2020-2028) ($MN)
Table 129 Middle East & Africa Shunt Reactor Market Outlook, By Industrial Verticals (2020-2028) ($MN)
Table 130 Middle East & Africa Shunt Reactor Market Outlook, By Electrical Utilities (2020-2028) ($MN)
Table 131 Middle East & Africa Shunt Reactor Market Outlook, By Renewable Energy (2020-2028) ($MN)
Table 132 Middle East & Africa Shunt Reactor Market Outlook, By Other End Users (2020-2028) ($MN)

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