Shunt Reactor Market

Shunt Reactor Market Outlook (2020 to 2030)

[300 Pages Report] Shunt reactor market is likely to grow at double-digit CAGR through 2030. North America is predicted to rule the global market for shunt reactors through 2030.

The global sales for shunt reactors witnessed a minor slowdown in the Covid-19 crisis as all the factories were closed and supply of only basic necessity goods was permitted.

Since the lockdown has been lifted up to improve economic conditions, the manufacturing companies are trying hard to gain traction and attract customers globally through innovative launches and technological upliftments in 2021.

Major manufacturing companies including ABB, Siemens, Crompton Greaves, General Electric , Zaporozhtransformator, Toshiba (Japan), Mitsubishi (Japan), and Nissin Electric (Japan).are investing in the establishment of a strong distribution network to remain competitive in the shunt reactor market.

They are adopting business strategies such as sales contracts, strategic alliances, acquiring technical expertise, product approvals, patents and events, joint ventures, partnership agreements, collaborations, digital marketing, mergers and acquisitions, capacity utilisations, technological advancements etc to lead the global market for shunt reactors with largest market share.

For instance, Hitachi ABB launched Variable shunt reactors which are economical means to improve voltage stability and power quality under time-varying load conditions. Siemens AG has acquired order from Semco Maritime for supply of key electrical equipment for electrical service platform (ESP) at 1.6-GW Mayflower Wind offshore wind farm project.

The contract comprises high-voltage equipment such as integrated conditioning monitoring system, three shunt reactors, and gas-insulated switchgear (GIS).

North America is predicted to rule the global market for shunt reactors through 2030 owing to increasing demands from the automobile industry. Presence of leading manufacturing companies that produce and distribute superior class shunt reactors globally contributes to make China a leading region with the fastest growing CAGR rate.

The government initiatives are propelling growth in the Asia Pacific excluding Japan (APEJ) shunt reactor market. Further, the rising innovations are creating immense opportunities for the key players to extend their presence throughout the world.

Shunt Reactor Market Key Findings

• Oil immersed shunt reactors account for leading revenue share as they are highly compact, cost-effective, and ideal for high-voltage transmission lines
• Fixed shunt reactors to remain top-selling category over following decade
• Demand for three-phase shun reactors to remain high
• shunt reactor market players to tap into North America for lucrative investment opportunities through 2030

Conspicuous Investments in Upgrading T&D Networks to Boost Demand

Energy security is prerequisite for countries striving to make overall progress. As such, power transmission and distribution (T&D) networks play pivotal role in overall economic development of countries. In an effort to inch towards sustainability goals, governments across the globe are renewing their commitment to establish robust energy infrastructure,

Existing T&D networks utilized in majority of developed regions bank on aging infrastructure and obsolete technologies that struggle to fulfil current and future growing demand. In developed regions such as the US, the UK, and Germany, nearly 7 out of 10 transformers and transmission networks age over 25 years old and reaching their service period.

The twin trends of long-run under-investments in T&D infrastructure and surging need for reliable supply of power have put pressure on grids, making them highly vulnerable. As such, in order to keep grid breakdown or power outages at bay, substantial investment is essential for stepping up aging T&D grids including, shunt reactors. As energy requirements continue to increase, demand for supporting infrastructure is increasing.

Electric utilities will invest around USD 3.2 Tn globally in new and replacement T&D infrastructure, as per recent surveys. This investment in infrastructure will be paramount, given aging assets, rising electricity demand, and new power generation projects including, periodic renewable resources that are straining the grids. As a result, conspicuous investments in T&D infrastructure are likely to augur well for global shunt reactor market over forecast period.

Variable Shunt Reactors to Outpace Fixed Variants

Transmission systems are susceptible to regular or periodic load variations. Conventionally utilized in transmission and distribution systems, fixed shunt reactors continue to generate greater total returns to shareholders (TRS). However, these shunt reactors will fade in coming years due to cost-associated restraints.

On the flip side, variable shunt reactors (VSR) are cost-effective means to enhance power quality and voltage stability under time-varying load conditions. In addition, VSRs enable customers to continually adjust the compensation, as loads differ over time.

VSRs have emerged as lucrative alternative to fixed reactors in situations wherein power quality is paramount. They possess regulation capacity and can connect with other regulating devices including, static var compensators (SVC).

VSRs derived from transformer tap changers possess regulation speed in the order of minutes between extreme positions. As load variations happen gradually-largely in the order of hours or further-the tap changer technology turn out to be the most economical and reliable technology for controllable shunt reactors.

VSRs are highly advanced in stabilizing voltage fluctuations through large transmission networks, as such, their demand is skyrocketing. Three-phase VSRs, in particularly, are seeing huge demand owing to rising need for high-voltage transmission cables and lines. ABB, for instance, has installed three-phase VSR with 120-200Mvar at 420 kV in Italy.

The variable shunt reactor market is experiencing rapid growth compared to its fixed counterpart as VSRs are considered more capable to control voltage amid high-voltage power transmission cables or lines. FMI report finds that the variable shunt reactor market is likely to grow at double-digit CAGR through 2030.

Shunt Reactor Market in APEJ to Make Quantum Leaps

North America is currently at the forefront of global shunt reactor market, primarily driven by well-established transmission and distribution industry. The region has been highly focused on transforming outdated and inadequate power and supply network for effective production of electricity over the past few years.

Government in the US has comprehensively invested in stepping up existing infrastructure, resulting in increasing demand for shunt reactors in the country. That said, the COVID-19 pandemic has put dent on revenue pool of shunt reactor market in North America as shuttered businesses and industrial operations translate into reduced electricity demand.

However, FMI finds that the regional shunt reactor market revenue is poised to spike as gradual easing of restrictions encourage industrials to resume their operations. The Asia Pacific excluding Japan (APEJ) shunt reactor market is experiencing meteoric growth, largely driven by government-backed initiatives to offer power throughout off-grid areas.

While China’s investment in power generation projects is coming to pre-crisis growth levels, investment in power grid projects is declining slower. In addition, electricity consumption in China is slated to surge 7.1% and 6.8% y-o-y during Q3 and Q4 of 2020, respectively, as the COVID-19 pandemic eases.

Daily electricity consumption in India has reduced by 26-27% since the enactment of nationwide lockdown, due to temporary suspension of non-essential manufacturing facilities. While the country is seeing downturn in electricity demand and investments in the sector during 2020-21 amidst the COVID-19-led disruptions, however, recovery is projected from 2021-22, says FMI.

Moving ahead, energy needs are reaching new scales in Europe, especially in the UK which is among primary industrial countries in the region. Recent data suggest that final electricity consumption of the UK industrial sector is anticipated to reach 5, 928 thousand metric tons of oil equivalent by 2035.

Shunt Reactor Manufacturers - Players to Race towards Grabbing Contracts and Agreements for Better Margins

• Players in shunt reactor market are focusing on developing similar equipment and, as such, giving rise to cut-throat competition with their peers. Innovations and enhanced voltage protection solutions will ascertain the prominence of leading manufacturers in key growth regions. shunt reactor market players are striving to secure contracts as well as enter into agreements in order to gain competitive edge.
• Zaporozhtransformator PJSC has signed agreement with Tokmak Solar Energy Ltd., for delivery of its transformer - TRDN-32000/150-Y1.
• Siemens AG has acquired order from Semco Maritime for supply of key electrical equipment for electrical service platform (ESP) at 1.6-GW Mayflower Wind offshore wind farm project. The contract comprise of high-voltage equipment such as integrated conditioning monitoring system, three shunt reactors, and gas-insulated switchgear (GIS).
• Trench Group - a multi-national power engineering company - has acquired contract to deliver and set up highest voltage (420 kV) air-core shunt reactor in the world to Germany-based transmission system operator.
• Through its power grids business, ABB Ltd., has entered into a 5-year contract with Interconexion Electrica SA ESP (ISA) for delivery of critical power machinery for ISA’s operations in South America.

Smart Grid Technology to Define the Way Forward

Electricity distribution networks are undergoing step-change transformation, with emergence of smart grid technologies triggering advances towards enhanced services. Power systems incorporate transportation of loads of gigawatts (GW) of power over long distances, as such demand for smart machinery is essential for accurate monitoring and timely fault rectification.

Investments in smart grid technologies are surging majorly in developed regions which are stepping into the new age of load management and power supply. The technology offers opportunity to manufacturers of VSRs, as VSRs in smart grids will ensure proper flow of active power as well as balance reactive power.

As such, players turning to development of VSRs are well-placed for outsized returns in near future.

• Base year considered - 2019
• Historical Period- 2015 - 2019
• Forecast period - 2020 - 2030
• Market Value in 2019
• Segments covered - Product, phase, rating, application and region
• Regions Covered -North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa (MEA), and Japan
• Key Companies-ABB Ltd., Fuji Electronic Co. Ltd., General Electric, Hyosung Corporation, Nissin Electric Co. Ltd., Zaporozhtransformator PJSC, Siemens AG, and Toshiba Corporation.

Key Questions Answered in the Report

• Which application area will hold leading share in shunt reactor market globally and why?
• What are the factors propelling the global shunt reactor market?
• What will be the value size of shunt reactor market by 2030?
• Who are the leading manufacturers in the shunt reactor market?
• Which trends and innovations are expected to shape the global shunt reactor in coming years?

Table of Content

• 1. Executive Summary
• 2. Assumptions and Acronyms Used
• 3. Research Methodology
• 4. Market Overview
• 5. Global Market Analysis and Forecast, By Product Type
  • 5.1. Air-Core Dry Type
  • 5.2. Oil Immersed
• 6. Global Market Analysis and Forecast, By Phase
  • 6.1. Single Phase
  • 6.2. Three Phase
• 7. Global Market Analysis and Forecast, By Rating
  • 7.1. Fixed Shunt Reactor
  • 7.2. Variable Shunt Reactor
• 8. Global Market Analysis and Forecast, By Application
  • 8.1. Residential
  • 8.2. Industrial
• 9. Global Market Analysis and Forecast, By Voltage Range
  • 9.1. Less than 200 kV
  • 9.2. 200-400 kV
  • 9.3. Greater than 400 kV
• 10. Global Market Analysis, By Region
  • 10.1. North America
  • 10.2. Latin America
  • 10.3. Asia Pacific Excl. Japan
  • 10.4. Western Europe
  • 10.5. Eastern Europe
  • 10.6. Middle East & Africa
  • 10.7. Japan
• 11. North America Market Analysis
• 12. Latin America Market Analysis
• 13. Eastern Europe Market Analysis
• 14. Western Europe Market Analysis
• 15. APEJ Market Analysis
• 16. Japan Market Analysis
• 17. Middle East and Africa Market Analysis
• 18. Competitive Landscape
  • 18.1. ABB Ltd.
  • 18.2. Fuji Electric Co., Ltd.
  • 18.3. General Electric (ALSTOM)
  • 18.4. Hyosung Corporation
  • 18.5. Nissin Electric Co., Ltd.
  • 18.6. Zaporozhtransformator PJSC
  • 18.7. Siemens AG
  • 18.8. Toshiba Corporation

List of Tables

Table 01: Global Market Value (US$ Mn) and Volume (MVar)  By Product Type, 2020-2030

Table 02: Global Market Value (US$ Mn) and Volume (MVar) By Rating, 2020-2030

Table 03: Global Market Value (US$ Mn) and Volume (MVar) By Application, 2020-2030

Table 04: Global Market Value (US$ Mn) and Volume (MVar)  By Voltage Range, 2020-2030

Table 05: Global Market Value (US$ Mn) and Volume (MVar) By Region, 2020-2030

Table 06: North America Market Value (US$ Mn) and Volume (MVar) By Region, 2020-2030

Table 07: North America Market Value (US$ Mn) and Volume (MVar)  By Product Type, 2020-2030

Table 08: North America Market Value (US$ Mn) and Volume (MVar)  By Rating, 2020-2030

Table 09: North America Market Value (US$ Mn) and Volume (MVar)  By Application, 2020-2030

Table 10: North America Market Value (US$ Mn) and Volume (MVar)  By Voltage Range, 2020-2030

Table 11: Latin America Market Value (US$ Mn) and Volume (MVar) By Region, 2020-2030

Table 12: Latin America Market Value (US$ Mn) and Volume (MVar)  By Product Type, 2020-2030

Table 13: Latin America Market Value (US$ Mn) and Volume (MVar)  By Phase, 2020-2030

Table 14: Latin America Market Value (US$ Mn) and Volume (MVar) By Rating, 2020-2030

Table 15: Latin America Market Value (US$ Mn) and Volume (MVar) By Application, 2020-2030

Table 16: Latin America Market Value (US$ Mn) and Volume (MVar)  By Voltage Range, 2020-2030

Table 17: Eastern Europe Market Value (US$ Mn) and Volume (MVar) By Region, 2020-2030

Table 18: Eastern Europe Market Value (US$ Mn) and Volume (MVar)  By Product Type, 2020-2030

Table 19: Eastern Europe Market Value (US$ Mn) and Volume (MVar)  By Product Type, 2020-2030

Table 20: Eastern Europe Market Value (US$ Mn) and Volume (MVar) By Rating, 2020-2030

Table 21: Eastern Europe Market Value (US$ Mn) and Volume (MVar)  By Application, 2020-2030

Table 22: Eastern Europe Market Value (US$ Mn) and Volume (MVar)  By Voltage Range, 2020-2030

Table 23: Western Europe Market Value (US$ Mn) and Volume (MVar) By Region, 2020-2030

Table 24: Western Europe Market Value (US$ Mn) and Volume (MVar) By Product Type, 2020-2030

Table 25: Western Europe Market Value (US$ Mn) and Volume (MVar) By Product Type, 2020-2030

Table 26: Western Europe Market Value (US$ Mn) and Volume (MVar) By Rating, 2020-2030

Table 27: Western Europe Market Value (US$ Mn) and Volume (MVar) By Application, 2020-2030

Table 28: Western Europe Market Value (US$ Mn) and Volume (MVar)  By Voltage Range, 2020-2030

Table 29: APEJ Market Value (US$ Mn) and Volume (MVar) By Region, 2020-2030

Table 30: APEJ Market Value (US$ Mn) and Volume (MVar) By Product Type, 2020-2030

Table 31: APEJ Market Value (US$ Mn) and Volume (MVar) By Product Type, 2020-2030

Table 32: APEJ Market Value (US$ Mn) and Volume (MVar) By Rating, 2020-2030

Table 33: APEJ  Market Value (US$ Mn) and Volume (MVar) By Application, 2020-2030

Table 34: APEJ Market Value (US$ Mn) and Volume (MVar)  By Voltage Range, 2020-2030

Table 35: Japan Market Value (US$ Mn) and Volume (MVar) By Product Type, 2020-2030

Table 36: Japan Market Value (US$ Mn) and Volume (MVar) By Product Type, 2020-2030

Table 37: Japan Market Value (US$ Mn) and Volume (MVar) By Rating, 2020-2030

Table 38: Japan Market Value (US$ Mn) and Volume (MVar) By Application, 2020-2030

Table 39: Japan Market Value (US$ Mn) and Volume (MVar)  By Voltage Range, 2020-2030

Table 40: MEA Market Value (US$ Mn) and Volume (MVar) By Region, 2020-2030

Table 41: MEA Market Value (US$ Mn) and Volume (MVar)  By Product Type, 2020-2030

Table 42: MEA Market Value (US$ Mn) and Volume (MVar)  By Product Type, 2020-2030

Table 43: MEA Market Size Value (US$ Mn) and Volume (MVar) By Rating, 2020-2030

Table 44: MEA Market Size Value (US$ Mn) and Volume (MVar)  By Application, 2020-2030

Table 45: MEA Market Value (US$ Mn) and Volume (MVar)  By Voltage Range, 2020-2030

List of Figures

Figure 01: Global Market Value (US$ Mn) and Volume (MVar), 2020-2030

Figure 02: Global Market Absolute $ Opportunity (US$ Mn), 2020-2030

Figure 03: Global Market Y-o-Y Growth by Product Type 2020-2030

Figure 04: Global Market Share Analysis by Product Type 2020 & 2030

Figure 05: Global Market Value (US$ Mn) and Volume (MVar) by Air-core Dry Type, 2020-2030

Figure 06: Global Market Absolute $ Opportunity (US$ Mn) by Air-core Dry Type, 2020-2030

Figure 07: Global Market Value (US$ Mn) and Volume (MVar) by Oil Immersed Type , 2020-2030

Figure 08: Global Market Absolute $ Opportunity (US$ Mn) by Oil Immersed Type, 2020-2030

Figure 09: Global Market Attractiveness Index by Product Type, 2016 – 2026

Figure 10: Global Market Y-o-Y Growth by Phase 2020-2030

Figure 11: Global Market Share Analysis by Phase 2020 & 2030

Figure 12: Global Market Value (US$ Mn) and Volume (MVar) by Single Phase, 2020-2030

Figure 13: Global Market Absolute $ Opportunity (US$ Mn) by Single Phase, 2020-2030

Figure 14: Global Market Value (US$ Mn) and Volume (MVar) by Three Phase, 2020-2030

Figure 15: Global Market Absolute $ Opportunity (US$ Mn) by Three Phase, 2020-2030

Figure 16: Global Market Attractiveness Index by Phase, 2016 – 2026

Figure 17: Global Market Y-o-Y Growth by Rating 2020-2030

Figure 18: Global Market Share Analysis by Rating 2020 & 2030

Figure 19: Global Market Value (US$ Mn) and Volume (MVar) by Fixed Type, 2020-2030

Figure 20: Global Market Absolute $ Opportunity (US$ Mn) by Fixed Type, 2020-2030

Figure 21: Global Market Value (US$ Mn) and Volume (MVar) by Variable Type, 2020-2030

Figure 22: Global Market Absolute $ Opportunity (US$ Mn) by Variable Type, 2020-2030

Figure 23: Global Market Attractiveness Index by Rating, 2016 – 2026  

Figure 24: Global Market Y-o-Y Growth by Application, 2020-2030

Figure 25: Global Market Share Analysis by Application, 2020 & 2030

Figure 26: Global Market Value (US$ Mn) and Volume (MVar) by Residential Application, 2020-2030

Figure 27: Global Market Absolute $ Opportunity (US$ Mn) by Residential Application, 2020-2030

Figure 28: Global Market Value (US$ Mn) and Volume (MVar) by Industrial Application, 2020-2030

Figure 29: Global Industrial Market Absolute $ Opportunity (US$ Mn) by Industrial Application, 2020-2030

Figure 30: Global Market Attractiveness Index by Application, 2016 – 2026

Figure 31: Global Market Y-o-Y Growth by Voltage Range 2020-2030

Figure 32: Global Market Share Analysis by Voltage Range 2020 & 2030

Figure 33: Global Market Value (US$ Mn) and Volume (MVar) by less than 200 kV, 2020-2030

Figure 34: Global Market Absolute $ Opportunity (US$ Mn) by less than 200 kV, 2020-2030

Figure 35: Global Market Value (US$ Mn) and Volume (MVar) by 200-400 kV , 2020-2030

Figure 36: Global Market Absolute $ Opportunity (US$ Mn) by 200-400 kV, 2020-2030

Figure 37: Global Market Value (US$ Mn) and Volume (MVar) by greater than 400 kV, 2020-2030

Figure 38: Global Market Absolute $ Opportunity (US$ Mn) by greater than 400 kV, 2020-2030

Figure 39: Global Market Attractiveness Index by Voltage Range, 2016 – 2026

Figure 40: Global Market Value Share and BPS Analysis by Region, 2020 & 2030

Figure 41: Global Market Volume Y-o-Y Growth (%) by Region, 2020-2030

Figure 42: Global Market Attractiveness Index by Region, 2020-2030

Figure 43: North America Market Value (US$ Mn) and Volume (MVar), 2020-2030

Figure 44: North America Market Absolute $ Opportunity (US$ Mn), 2020-2030

Figure 45: North America Market Value Share and BPS Analysis by Country, 2020 & 2030

Figure 46: North America Market Volume Y-o-Y Growth by Country, 2020-2030

Figure 47: North America Market Absolute $ Opportunity (US$ Mn) by Air-core Dry Type, 2020-2030

Figure 48: North America Market Absolute $ Opportunity (US$ Mn) by Oil Immersed Type, 2020-2030

Figure 49: North America Market Absolute $ Opportunity (US$ Mn) by Single Phase, 2020-2030

Figure 50: North America Market Absolute $ Opportunity (US$ Mn) by Three Phase, 2020-2030

Figure 51: North America Market Absolute $ Opportunity (US$ Mn) by Fixed Type, 2020-2030

Figure 52: North America Market Absolute $ Opportunity (US$ Mn) by Variable Type, 2020-2030

Figure 53: North America Market Absolute $ Opportunity (US$ Mn) by Residential Application, 2020-2030

Figure 54: North America Market Absolute $ Opportunity (US$ Mn) by Industrial Application, 2020-2030

Figure 55: North America Market Attractiveness by Product Type, 2020-2030

Figure 56: North America Market Attractiveness by Phase, 2020-2030

Figure 57: North America Market Attractiveness by Rating, 2020-2030

Figure 58: North America Market Attractiveness by Application, 2020-2030

Figure 59: North America Market Attractiveness by Voltage Range, 2020-2030

Figure 60: North America Market Attractiveness by Country, 2020-2030

Figure 61: North America Market Y-o-Y Growth by Voltage Range 2020-2030

Figure 62: North America Market Share Analysis by Voltage Range 2020 & 2030

Figure 63: North America Market Value (US$ Mn) and Volume (MVar) by less than 200 kV, 2020-2030

Figure 64: North America Market Absolute $ Opportunity (US$ Mn) by less than 200 kV, 2020-2030

Figure 65: North America Market Value (US$ Mn) and Volume (MVar) by 200-400 kV , 2020-2030

Figure 66: North America Market Absolute $ Opportunity (US$ Mn) by 200-400 kV, 2020-2030

Figure 67: North America Market Value (US$ Mn) and Volume (MVar) by greater than 400 kV, 2020-2030

Figure 68: North America Market Absolute $ Opportunity (US$ Mn) by greater than 400 kV, 2020-2030

Figure 69: Latin America Market Value (US$ Mn) and Volume (MVar) , 2020-2030

Figure 70: Latin America Market Absolute $ Opportunity (US$ Mn), 2020-2030

Figure 71: Latin America Market Value Share and BPS Analysis by Country, 2020 & 2030

Figure 72: Latin America Market Volume Y-o-Y Growth by Country, 2020-2030

Figure 73: Latin America Market Absolute $ Opportunity (US$ Mn) by Air-core Dry Type, 2020-2030

Figure 74: Latin America Market Absolute $ Opportunity (US$ Mn) by Oil Immersed Type, 2020-2030

Figure 75: Latin America Market Absolute $ Opportunity (US$ Mn) by Single Phase, 2020-2030

Figure 76: Latin America Market Absolute $ Opportunity (US$ Mn) by Three Phase, 2020-2030

Figure 77: Latin America Market Absolute $ Opportunity (US$ Mn) by Fixed, 2020-2030

Figure 78: Latin America Market Absolute $ Opportunity (US$ Mn) by Variable, 2020-2030

Figure 79: Latin America Market Absolute $ Opportunity (US$ Mn) by Residential Application, 2020-2030

Figure 80: Latin America Market Absolute $ Opportunity (US$ Mn) by Industrial Application, 2020-2030

Figure 81: Latin America Market Attractiveness by Product Type, 2020-2030

Figure 82: Latin America Market Attractiveness by Phase, 2020-2030

Figure 83: Latin America Market Attractiveness by Rating, 2020-2030

Figure 84: Latin America Market Attractiveness by Application, 2020-2030

Figure 85: Latin America Market Attractiveness by Voltage Range, 2020-2030

Figure 86: Latin America Market Attractiveness by Country, 2020-2030

Figure 88: Latin America Market Y-o-Y Growth by Voltage Range 2020-2030

Figure 89: Latin America Market Share Analysis by Voltage Range 2020 & 2030

Figure 90: Latin America Market Value (US$ Mn) and Volume (MVar) by less than 200 kV, 2020-2030

Figure 91: Latin America Market Absolute $ Opportunity (US$ Mn) by less than 200 kV, 2020-2030

Figure 92: Latin America Market Value (US$ Mn) and Volume (MVar) by 200-400 kV , 2020-2030

Figure 93: Latin America Market Absolute $ Opportunity (US$ Mn) by 200-400 kV, 2020-2030

Figure 94: Latin America Market Value (US$ Mn) and Volume (MVar) by greater than 400 kV, 2020-2030

Figure 95: Latin America Market Absolute $ Opportunity (US$ Mn) by greater than 400 kV, 2020-2030

Figure 96: Eastern Europe Market Value (US$ Mn) and Volume (MVar) , 2020-2030

Figure 97: Eastern Europe Market Absolute $ Opportunity (US$ Mn), 2020-2030

Figure 98: Eastern Europe Market Value Share and BPS Analysis by Country, 2020 & 2030

Figure 99: Eastern Europe Market Volume Y-o-Y Growth by Country, 2020-2030

Figure 100: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by Air-core Dry Type, 2020-2030

Figure 101: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by Oil Immersed Type, 2020-2030

Figure 102: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by Single Phase, 2020-2030

Figure 103: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by Three Phase, 2020-2030

Figure 104: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by Fixed Type, 2020-2030

Figure 105: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by Variable Type, 2020-2030

Figure 106: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by Residential Application, 2020-2030

Figure 107: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by Industrial Application, 2020-2030

Figure 108: Eastern Europe Market Attractiveness by Product Type, 2020-2030

Figure 109: Eastern Europe Market Attractiveness by Phase, 2020-2030

Figure 110: Eastern Europe Market Attractiveness by Rating, 2020-2030

Figure 111: Eastern Europe Market Attractiveness by Application, 2020-2030

Figure 112: Eastern Europe Market Attractiveness by Voltage Range, 2020-2030

Figure 113: Eastern Europe Market Attractiveness by Country, 2020-2030

Figure 114: Eastern Europe Market Y-o-Y Growth by Voltage Range 2020-2030

Figure 115: Eastern Europe Market Share Analysis by Voltage Range 2020 & 2030

Figure 116: Eastern Europe Market Value (US$ Mn) and Volume (MVar) by less than 200 kV, 2020-2030

Figure 117: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by less than 200 kV, 2020-2030

Figure 118: Eastern Europe Market Value (US$ Mn) and Volume (MVar) by 200-400 kV , 2020-2030

Figure 119: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by 200-400 kV, 2020-2030

Figure 120: Eastern Europe Market Value (US$ Mn) and Volume (MVar) by greater than 400 kV, 2020-2030

Figure 121: Eastern Europe Market Absolute $ Opportunity (US$ Mn) by greater than 400 kV, 2020-2030

Figure 122: Western Europe Market Value (US$ Mn) and Volume (MVar) , 2020-2030

Figure 123: Western Europe Market Absolute $ Opportunity (US$ Mn), 2020-2030

Figure 124: Western Europe Market Value Share and BPS Analysis by Country, 2020 & 2030

Figure 125: Western Europe Market Volume Y-o-Y Growth by Country, 2020-2030

Figure 126: Western Europe Market Absolute $ Opportunity (US$ Mn) by Air-core Dry Type, 2020-2030

Figure 127: Western Europe Market Absolute $ Opportunity (US$ Mn) by Oil Immersed Type, 2020-2030

Figure 128: Western Europe Market Absolute $ Opportunity (US$ Mn) by Single Phase, 2020-2030

Figure 129: Western Europe Market Absolute $ Opportunity (US$ Mn) by Three Phase, 2020-2030

Figure 130: Western Europe Market Absolute $ Opportunity (US$ Mn) by Fixed Type, 2020-2030

Figure 131: Western Europe Market Absolute $ Opportunity (US$ Mn) by Variable Type, 2020-2030

Figure 132: Western Europe Market Absolute $ Opportunity (US$ Mn) by Residential Application, 2020-2030

Figure 133: Western Europe Market Absolute $ Opportunity (US$ Mn) by Industrial Application, 2020-2030

Figure 134: Western Europe Market Attractiveness by Product Type, 2020-2030

Figure 135: Western Europe Market Attractiveness by Phase, 2020-2030

Figure 136: Western Europe Market Attractiveness by Rating, 2020-2030

Figure 137: Western Europe Market Attractiveness by Application, 2020-2030

Figure 138: Western Europe Market Attractiveness by Voltage Range, 2020-2030

Figure 139: Western Europe Market Attractiveness by Country, 2020-2030

Figure 140: Western Europe Market Y-o-Y Growth by Voltage Range 2020-2030

Figure 141: Western Europe Market Share Analysis by Voltage Range 2020 & 2030

Figure 142: Western Europe Market Value (US$ Mn) and Volume (MVar) by less than 200 kV, 2020-2030

Figure 143: Western Europe Market Absolute $ Opportunity (US$ Mn) by less than 200 kV, 2020-2030

Figure 144: Western Europe Market Value (US$ Mn) and Volume (MVar) by 200-400 kV , 2020-2030

Figure 145: Western Europe Market Absolute $ Opportunity (US$ Mn) by 200-400 kV, 2020-2030

Figure 146: Western Europe Market Value (US$ Mn) and Volume (MVar) by greater than 400 kV, 2020-2030

Figure 147: Western Europe Market Absolute $ Opportunity (US$ Mn) by greater than 400 kV, 2020-2030

Figure 148: APEJ Market Value (US$ Mn) and Volume (MVar) , 2020-2030

Figure 149: APEJ Market Absolute $ Opportunity (US$ Mn), 2020-2030

Figure 150: APEJ Market Value Share and BPS Analysis by Country, 2020 & 2030

Figure 151: APEJ Market Volume Y-o-Y Growth by Country, 2020-2030

Figure 152: APEJ Market Absolute $ Opportunity (US$ Mn) by Air-core Dry Type, 2020-2030

Figure 153: APEJ Market Absolute $ Opportunity (US$ Mn) by Oil Immersed Type, 2020-2030

Figure 154: APEJ Market Absolute $ Opportunity (US$ Mn) by Single Phase, 2020-2030

Figure 155: APEJ Market Absolute $ Opportunity (US$ Mn) by Three Phase, 2020-2030

Figure 156: APEJ Market Absolute $ Opportunity (US$ Mn) by Fixed Type, 2020-2030

Figure 157: APEJ Market Absolute $ Opportunity (US$ Mn) by Variable Type, 2020-2030

Figure 158: APEJ Market Absolute $ Opportunity (US$ Mn) by Residential Application, 2020-2030

Figure 159: APEJ Market Absolute $ Opportunity (US$ Mn) by Industrial Application, 2020-2030

Figure 160: APEJ Market Attractiveness by Product Type, 2020-2030

Figure 161: APEJ Market Attractiveness by Phase, 2020-2030

Figure 162: APEJ Market Attractiveness by Rating, 2020-2030

Figure 163: APEJ Market Attractiveness by Application, 2020-2030

Figure 164: APEJ Market Attractiveness by Voltage Range, 2020-2030

Figure 165: APEJ Market Attractiveness by Country, 2020-2030

Figure 166: APEJ Market Y-o-Y Growth by Voltage Range 2020-2030

Figure 167: APEJ Market Share Analysis by Voltage Range 2020 & 2030

Figure 168: APEJ Market Value (US$ Mn) and Volume (MVar) by less than 200 kV, 2020-2030

Figure 169: APEJ Market Absolute $ Opportunity (US$ Mn) by less than 200 kV, 2020-2030

Figure 170: APEJ Market Value (US$ Mn) and Volume (MVar) by 200-400 kV , 2020-2030

Figure 171: APEJ Market Absolute $ Opportunity (US$ Mn) by 200-400 kV, 2020-2030

Figure 172: APEJ Market Value (US$ Mn) and Volume (MVar) by greater than 400 kV, 2020-2030

Figure 173: APEJ Market Absolute $ Opportunity (US$ Mn) by greater than 400 kV, 2020-2030

Figure 174: Japan Market Value (US$ Mn) and Volume (MVar) , 2020-2030

Figure 175: Japan Market Absolute $ Opportunity (US$ Mn), 2020-2030

Figure 176: Japan Market Absolute $ Opportunity (US$ Mn) by Air-core Dry Type, 2020-2030

Figure 177: Japan Market Absolute $ Opportunity (US$ Mn) by Oil Immersed Type, 2020-2030

Figure 178: Japan Market Absolute $ Opportunity (US$ Mn) by Single Phase, 2020-2030

Figure 179: Japan Market Absolute $ Opportunity (US$ Mn) by Three Phase, 2020-2030

Figure 180: Japan Market Absolute $ Opportunity (US$ Mn) by Fixed Type, 2020-2030

Figure 181: Japan Market Absolute $ Opportunity (US$ Mn) by Variable Type, 2020-2030

Figure 182: Japan Market Absolute $ Opportunity (US$ Mn) by Residential Application, 2020-2030

Figure 183: Japan Market Absolute $ Opportunity (US$ Mn) by Industrial Application, 2020-2030

Figure 184: Japan Market Attractiveness by Product Type, 2020-2030

Figure 185: Japan Market Attractiveness by Phase, 2020-2030

Figure 186: Japan Market Attractiveness by Rating, 2020-2030

Figure 187: Japan Market Attractiveness by Application, 2020-2030

Figure 188: Japan Market Y-o-Y Growth by Voltage Range 2020-2030

Figure 189: Japan Market Share Analysis by Voltage Range 2020 & 2030

Figure 190: Japan Market Value (US$ Mn) and Volume (MVar) by less than 200 kV, 2020-2030

Figure 191: Japan Market Absolute $ Opportunity (US$ Mn) by less than 200 kV, 2020-2030

Figure 192: Japan Market Value (US$ Mn) and Volume (MVar) by 200-400 kV , 2020-2030

Figure 193: Japan Market Absolute $ Opportunity (US$ Mn) by 200-400 kV, 2020-2030

Figure 194: Japan Market Value (US$ Mn) and Volume (MVar) by greater than 400 kV, 2020-2030

Figure 195: Japan Market Absolute $ Opportunity (US$ Mn) by greater than 400 kV, 2020-2030

Figure 196: MEA Market Value (US$ Mn) and Volume (MVar) , 2020-2030

Figure 197: MEA Market Absolute $ Opportunity (US$ Mn), 2020-2030

Figure 198: MEA Market Value Share and BPS Analysis by Country, 2020 & 2030

Figure 199: MEA Market Volume Y-o-Y Growth by Country, 2020-2030

Figure 200: MEA Market Absolute $ Opportunity (US$ Mn) by Air-core Dry Type, 2020-2030

Figure 201: MEA Market Absolute $ Opportunity (US$ Mn) by Oil Immersed Type, 2020-2030

Figure 202: MEA Market Absolute $ Opportunity (US$ Mn) by Single Phase, 2020-2030

Figure 203: MEA Market Absolute $ Opportunity (US$ Mn) by Three Phase, 2020-2030

Figure 204: MEA Market Absolute $ Opportunity (US$ Mn) by Fixed Type, 2020-2030

Figure 205: MEA Market Absolute $ Opportunity (US$ Mn) Variable Type, 2020-2030

Figure 206: MEA Market Absolute $ Opportunity (US$ Mn) by Residential Application, 2020-2030

Figure 207: MEA Market Absolute $ Opportunity (US$ Mn) by Industrial Application, 2020-2030

Figure 208: MEA Market Attractiveness by Product Type, 2020-2030

Figure 209: MEA Market Attractiveness by Phase, 2020-2030

Figure 210: MEA Market Attractiveness by Rating, 2020-2030

Figure 211: MEA Market Attractiveness by Application, 2020-2030

Figure 212: MEA Market Attractiveness by Voltage Range, 2020-2030

Figure 213: MEA Market Attractiveness by Country, 2020-2030

Figure 214: MEA Market Y-o-Y Growth by Voltage Range 2020-2030

Figure 215: MEA Market Share Analysis by Voltage Range 2020 & 2030

Figure 216: MEA Market Value (US$ Mn) and Volume (MVar) by less than 200 kV, 2020-2030

Figure 217: MEA Market Absolute $ Opportunity (US$ Mn) by less than 200 kV, 2020-2030

Figure 218: MEA Market Value (US$ Mn) and Volume (MVar) by 200-400 kV , 2020-2030

Figure 219: MEA Market Absolute $ Opportunity (US$ Mn) by 200-400 kV, 2020-2030

Figure 220: MEA Market Value (US$ Mn) and Volume (MVar) by greater than 400 kV, 2020-2030

Figure 221: MEA Market Absolute $ Opportunity (US$ Mn) by greater than 400 kV, 2020-2030