Shunt Reactor Market deals with a device which is used to absorb reactive power travelling in an electrical system. This is done to increase the efficiency of the system. These are used for reactive power compensation in long high voltage transmission lines and cables.
Shunt reactor market device is mainly used to absorb reactive power in an electrical transformers grid system. In a power transmission and distribution system, the voltage at the receiving end of electrical shunt power is more than that at the origin or less than the voltage at the origin due to long transmission distances, this difference in voltage is called reactive power. It is connected to the power line or to a tertiary winding of a transformer reactor.
Shunt reactor market with variable rating shunt reactors design are used in power lines with adjustable loads. This device protects the system from sudden voltage spikes which can cause major damage. The market is distributed in single phase and three phases. Dry type reactors are constructed as single phase units and are thus organized in a manner to minimize abandoned magnetic field on surrounding. One of the advantages of dry type reactor is the absence of inrush current. Oil immersed reactor transformer can be core-less or with gapped iron core.
These are single phase reactor and three phase design with or without fan cooling. The device is installed within tanks which hold oil & act as metallic magnetic shields. The need increase the efficiency of the system and provide reliable power is increasing the global demand for shunt reactor. The need for safety solutions for sudden voltage spikes is also pouring the demand for shunt reactors. However uncertain market scenarios in some countries are challenging the growth of this market.
Shunt reactor market is driven by the demand for modern transmission and distribution networks, reduced losses in power transmission and application of shunt reactors in different renewable energy systems. The continuous design of smart grid technologies and continuous increase in the development of power generation will offer growth opportunities across the globe. North America is the leading region for the shunt reactor market due to adoption in industrial applications.
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