Series Reactor Market Developments by 2031
MARKET INTRODUCTION
The series reactor is connected in series with the power capacitor. They suppress the harmonics of the power grid and prevent problems caused by anomalous events such as transient overcurrents and overvoltages caused by the opening and closing of power capacitors. They are designed for a variety of purposes, including B. Current Limit, Neutral / Earth, Motor Start, Arc Furnace Series Choke and Duplex Choke.
MARKET DYNAMICS
Rising energy demand in the industrial sector is another notable factor influencing the installation of branch reactors at power plants in the region. For example, in April 2021, the second 330kV series reactor at a Belarusian nuclear power plant went into operation. This device is used in overhead transmission lines, and its nominal voltage of 330 kV is the main source of reactive power. Siemens' continued involvement in the SINCRO.GRID project has allowed the company to supply a variety of shunt tracts for grid development projects in Europe. In Croatia, the company was able to install a 100MVAr variable shunt tract at the Miraclin substation.
MARKET SCOPE
The "Global Series Reactor Market Analysis to 2031" is a specialized and in-depth study of the series reactor market with a special focus on the global market trend analysis. The report aims to provide an overview of the series reactor market with detailed market segmentation by type, application, and geography. The global series reactor' market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading series reactor market players and offers key trends and opportunities in the series reactor' market.
MARKET SEGMENTATION
The global series reactor market is segmented based on type and application. Based on its type, series reactor' market can be segmented into mold type series reactor and air sealed type series reactor. Based on application, series reactor market can be segmented into commercial buildings, department stores, hospital and other.
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IMPACT OF COVID-19 ON SERIES REACTOR MARKET
With the recent outbreak of COVID 19, the series tractor market is expected to experience a slight decline due to the blockade policies adopted by various governments around the world. However, the market continued is growth owing to the ongoing government project. For instance, in April 2021, China's State Grid Corporation of China (SGCC), a power transmission system operator in China, established an ultra-high voltage (U.H.V.) DC (DC) of 800 kV and 800 MW between Yulin, Shaanxi and Wuhan provinces. Construction of a power transmission project has started.
REGIONAL FRAMEWORK Naveen Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Series Reactor Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Series Reactor Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Series Reactor Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the series reactor market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Series Reactor Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Series Reactor Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Series Reactor Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the series reactor market in these regions.
MARKET PLAYERS
The reports cover key developments in the series reactor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from series reactor market are anticipated to lucrative growth opportunities in the future with the rising demand for series reactor market. Below mentioned is the list of few companies engaged in the series reactor market.
The report also includes the profiles of key series reactor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Hitachi ABB Power Grid
- GE Grid Solutions
- Siemens
- Trench
- NISSIN ELECTRIC
- Hada Electric
- EAGTOP
- Xiaozhen Electric
- Shihlin Electric and Engineering
- AMES IMPEX Electricals
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Series Reactor Market - By Type
1.3.2 Series Reactor Market - By Application
1.3.3 Series Reactor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SERIES REACTOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. SERIES REACTOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SERIES REACTOR MARKET - GLOBAL MARKET ANALYSIS
6.1. SERIES REACTOR - GLOBAL MARKET OVERVIEW
6.2. SERIES REACTOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. SERIES REACTOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MOLD TYPE SERIES REACTOR
7.3.1. Overview
7.3.2. Mold Type Series Reactor Market Forecast and Analysis
7.4. AIR SEALED TYPE SERIES REACTOR
7.4.1. Overview
7.4.2. Air Sealed Type Series Reactor Market Forecast and Analysis
8. SERIES REACTOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL BUILDINGS
8.3.1. Overview
8.3.2. Commercial Buildings Market Forecast and Analysis
8.4. DEPARTMENT STORES
8.4.1. Overview
8.4.2. Department Stores Market Forecast and Analysis
8.5. HOSPITAL
8.5.1. Overview
8.5.2. Hospital Market Forecast and Analysis
8.6. OTHER
8.6.1. Overview
8.6.2. Other Market Forecast and Analysis
9. SERIES REACTOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Series Reactor Market Overview
9.1.2 North America Series Reactor Market Forecasts and Analysis
9.1.3 North America Series Reactor Market Forecasts and Analysis - By Type
9.1.4 North America Series Reactor Market Forecasts and Analysis - By Application
9.1.5 North America Series Reactor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Series Reactor Market
9.1.5.1.1 United States Series Reactor Market by Type
9.1.5.1.2 United States Series Reactor Market by Application
9.1.5.2 Canada Series Reactor Market
9.1.5.2.1 Canada Series Reactor Market by Type
9.1.5.2.2 Canada Series Reactor Market by Application
9.1.5.3 Mexico Series Reactor Market
9.1.5.3.1 Mexico Series Reactor Market by Type
9.1.5.3.2 Mexico Series Reactor Market by Application
9.2. EUROPE
9.2.1 Europe Series Reactor Market Overview
9.2.2 Europe Series Reactor Market Forecasts and Analysis
9.2.3 Europe Series Reactor Market Forecasts and Analysis - By Type
9.2.4 Europe Series Reactor Market Forecasts and Analysis - By Application
9.2.5 Europe Series Reactor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Series Reactor Market
9.2.5.1.1 Germany Series Reactor Market by Type
9.2.5.1.2 Germany Series Reactor Market by Application
9.2.5.2 France Series Reactor Market
9.2.5.2.1 France Series Reactor Market by Type
9.2.5.2.2 France Series Reactor Market by Application
9.2.5.3 Italy Series Reactor Market
9.2.5.3.1 Italy Series Reactor Market by Type
9.2.5.3.2 Italy Series Reactor Market by Application
9.2.5.4 United Kingdom Series Reactor Market
9.2.5.4.1 United Kingdom Series Reactor Market by Type
9.2.5.4.2 United Kingdom Series Reactor Market by Application
9.2.5.5 Russia Series Reactor Market
9.2.5.5.1 Russia Series Reactor Market by Type
9.2.5.5.2 Russia Series Reactor Market by Application
9.2.5.6 Rest of Europe Series Reactor Market
9.2.5.6.1 Rest of Europe Series Reactor Market by Type
9.2.5.6.2 Rest of Europe Series Reactor Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Series Reactor Market Overview
9.3.2 Asia-Pacific Series Reactor Market Forecasts and Analysis
9.3.3 Asia-Pacific Series Reactor Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Series Reactor Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Series Reactor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Series Reactor Market
9.3.5.1.1 Australia Series Reactor Market by Type
9.3.5.1.2 Australia Series Reactor Market by Application
9.3.5.2 China Series Reactor Market
9.3.5.2.1 China Series Reactor Market by Type
9.3.5.2.2 China Series Reactor Market by Application
9.3.5.3 India Series Reactor Market
9.3.5.3.1 India Series Reactor Market by Type
9.3.5.3.2 India Series Reactor Market by Application
9.3.5.4 Japan Series Reactor Market
9.3.5.4.1 Japan Series Reactor Market by Type
9.3.5.4.2 Japan Series Reactor Market by Application
9.3.5.5 South Korea Series Reactor Market
9.3.5.5.1 South Korea Series Reactor Market by Type
9.3.5.5.2 South Korea Series Reactor Market by Application
9.3.5.6 Rest of Asia-Pacific Series Reactor Market
9.3.5.6.1 Rest of Asia-Pacific Series Reactor Market by Type
9.3.5.6.2 Rest of Asia-Pacific Series Reactor Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Series Reactor Market Overview
9.4.2 Middle East and Africa Series Reactor Market Forecasts and Analysis
9.4.3 Middle East and Africa Series Reactor Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Series Reactor Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Series Reactor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Series Reactor Market
9.4.5.1.1 South Africa Series Reactor Market by Type
9.4.5.1.2 South Africa Series Reactor Market by Application
9.4.5.2 Saudi Arabia Series Reactor Market
9.4.5.2.1 Saudi Arabia Series Reactor Market by Type
9.4.5.2.2 Saudi Arabia Series Reactor Market by Application
9.4.5.3 U.A.E Series Reactor Market
9.4.5.3.1 U.A.E Series Reactor Market by Type
9.4.5.3.2 U.A.E Series Reactor Market by Application
9.4.5.4 Rest of Middle East and Africa Series Reactor Market
9.4.5.4.1 Rest of Middle East and Africa Series Reactor Market by Type
9.4.5.4.2 Rest of Middle East and Africa Series Reactor Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Series Reactor Market Overview
9.5.2 South and Central America Series Reactor Market Forecasts and Analysis
9.5.3 South and Central America Series Reactor Market Forecasts and Analysis - By Type
9.5.4 South and Central America Series Reactor Market Forecasts and Analysis - By Application
9.5.5 South and Central America Series Reactor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Series Reactor Market
9.5.5.1.1 Brazil Series Reactor Market by Type
9.5.5.1.2 Brazil Series Reactor Market by Application
9.5.5.2 Argentina Series Reactor Market
9.5.5.2.1 Argentina Series Reactor Market by Type
9.5.5.2.2 Argentina Series Reactor Market by Application
9.5.5.3 Rest of South and Central America Series Reactor Market
9.5.5.3.1 Rest of South and Central America Series Reactor Market by Type
9.5.5.3.2 Rest of South and Central America Series Reactor Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SERIES REACTOR MARKET, KEY COMPANY PROFILES
11.1. HITACHI ABB POWER GRID
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. GE GRID SOLUTIONS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. SIEMENS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. TRENCH
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NISSIN ELECTRIC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HADA ELECTRIC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. EAGTOP
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. XIAOZHEN ELECTRIC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SHIHLIN ELECTRIC AND ENGINEERING
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. AMES IMPEX ELECTRICALS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List Of Companies
- Hitachi ABB Power Grid
- GE Grid Solutions
- Siemens
- Trench
- NISSIN ELECTRIC
- Hada Electric
- EAGTOP
- Xiaozhen Electric
- Shihlin Electric and Engineering
- AMES IMPEX Electricals
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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