Market Overview:
The global current limiting reactor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for current limiting reactors in high voltage power and low voltage power applications. In addition, the growing demand for energy-efficient solutions is also contributing to the growth of the global current limiting reactor market. The shunt reactor segment is expected to dominate the global current limiting reactor market during the forecast period, owing to its ability to limit short-circuit currents and protect electrical equipment from damage. The Asia Pacific region is expected to lead the global current limiting reactor market duringthe forecast period, followed by Europe and North America.
Product Definition:
A current limiting reactor is a device that limits the current in an electric circuit. It is important because it protects against overcurrents, which can damage equipment or cause a fire.
Shunt Reactor:
Shunt reactors are used in current limiting reactors to decrease the reactivity of the system. The most important application of such devices is to control and monitor thermal power plants, which convert electrical energy into heat and steam.
The global shunt reactor market size was valued at USD 1.8 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Series Reactor:
A series reactor is a type of nuclear reaction where the reactants are arranged in a series along with the reactant material at one end and the product at the other. The number of reactions that can be carried out in a certain period of time is determined by two factors, namely temperature and pressure.
Application Insights:
The market is segmented on the basis of application into high voltage power and low voltage power. The high-voltage power application segment accounted for a major share in 2016, owing to the growing demand for HVACR in various industries such as oil & gas, petrochemicals, and energy. In addition, technological advancements coupled with product innovations are expected to drive the growth of this segment over the forecast period.
The low-voltage power application is projected to witness significant growth over the next six years due to rising demand from microturbine manufacturers across various regions including Asia Pacific and North America. Furthermore, increasing R&D activities pertaining to HVACR are anticipated to augment industry expansion during this period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing nuclear power capacity in China and India. For instance, in 2017, China added 17 GW of new nuclear capacity and 14 GW of new fossil fuel capacity (biomass, coal). In addition, India plans to add 22 GW of additional installed nuclear power by 2022. This will lead to a decline in carbon emissions along with reduction in global warming potential as compared to fossil fuels.
Growth Factors:
- Increasing demand for energy efficient products
- Rising concerns over climate change and global warming
- Growing need for power backup systems in data centers and telecom networks
- Proliferation of microgrids and distributed generation systems
- Development of next-generation nuclear reactors
Scope Of The Report
Report Attributes
Report Details
Report Title
Current Limiting Reactor Market Research Report
By Type
Shunt Reactor, Series Reactor
By Application
High Voltage Power, Low Voltage Power
By Companies
TRENCH Group, Coil Innovation, GE, High Rise Transformers, L/C Magnetics, Magnetic Specialties, Inc, Hilkar, Gilbert Electrical Systems and Products, Rex Power Magnetics, Beijing Power Equipment Group (BPEG), TRENCH Group, FdueG srl, 50hz Solutions, Shandong Hada Electric, Electrical Machines Joint-Stock Company, Quality Power, Hammond Power Solutions, Stein Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Current Limiting Reactor Market Report Segments:
The global Current Limiting Reactor market is segmented on the basis of:
Types
Shunt Reactor, Series Reactor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
High Voltage Power, Low Voltage Power
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TRENCH Group
- Coil Innovation
- GE
- High Rise Transformers
- L/C Magnetics
- Magnetic Specialties, Inc
- Hilkar
- Gilbert Electrical Systems and Products
- Rex Power Magnetics
- Beijing Power Equipment Group (BPEG)
- TRENCH Group
- FdueG srl
- 50hz Solutions
- Shandong Hada Electric
- Electrical Machines Joint-Stock Company
- Quality Power
- Hammond Power Solutions
- Stein Industries
Highlights of The Current Limiting Reactor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Shunt Reactor
- Series Reactor
- By Application:
- High Voltage Power
- Low Voltage Power
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Current Limiting Reactor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A current limiting reactor is a type of nuclear reactor that has been designed to operate at a certain maximum power level.
Some of the major companies in the current limiting reactor market are TRENCH Group, Coil Innovation, GE, High Rise Transformers, L/C Magnetics, Magnetic Specialties, Inc, Hilkar, Gilbert Electrical Systems and Products, Rex Power Magnetics, Beijing Power Equipment Group (BPEG), TRENCH Group, FdueG srl, 50hz Solutions, Shandong Hada Electric, Electrical Machines Joint-Stock Company, Quality Power, Hammond Power Solutions, Stein Industries.
The current limiting reactor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Current Limiting Reactor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Current Limiting Reactor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Current Limiting Reactor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Current Limiting Reactor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Current Limiting Reactor Market Size & Forecast, 2020-2028
4.5.1 Current Limiting Reactor Market Size and Y-o-Y Growth
4.5.2 Current Limiting Reactor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Shunt Reactor
5.2.2 Series Reactor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 High Voltage Power
6.2.2 Low Voltage Power
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Current Limiting Reactor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Current Limiting Reactor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Shunt Reactor
9.6.2 Series Reactor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 High Voltage Power
9.10.2 Low Voltage Power
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Shunt Reactor
10.6.2 Series Reactor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 High Voltage Power
10.10.2 Low Voltage Power
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Shunt Reactor
11.6.2 Series Reactor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 High Voltage Power
11.10.2 Low Voltage Power
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Shunt Reactor
12.6.2 Series Reactor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 High Voltage Power
12.10.2 Low Voltage Power
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Shunt Reactor
13.6.2 Series Reactor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 High Voltage Power
13.10.2 Low Voltage Power
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Current Limiting Reactor Market: Competitive Dashboard
14.2 Global Current Limiting Reactor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TRENCH Group
14.3.2 Coil Innovation
14.3.3 GE
14.3.4 High Rise Transformers
14.3.5 L/C Magnetics
14.3.6 Magnetic Specialties, Inc
14.3.7 Hilkar
14.3.8 Gilbert Electrical Systems and Products
14.3.9 Rex Power Magnetics
14.3.10 Beijing Power Equipment Group (BPEG)
14.3.11 TRENCH Group
14.3.12 FdueG srl
14.3.13 50hz Solutions
14.3.14 Shandong Hada Electric
14.3.15 Electrical Machines Joint-Stock Company
14.3.16 Quality Power
14.3.17 Hammond Power Solutions
14.3.18 Stein Industries
