About Shunt Reactor
Shunt reactors protect transmission lines from high-voltage fluctuations. Transmission-line reactance consumes reactive power along the line when it is loaded. Reactance is the characteristic of electrical or electronic equipment to oppose changes in electric current or voltage owing to inductance or capacitance
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The generated reactive power results in an increase in the voltage along the line, reaching dangerous levels for the system. To avoid such a phenomenon, shunt reactors are used that consume reactive power, thereby stabilizing the voltage along the transmission line. 

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global shunt reactor market to grow at a CAGR of 7.37% during the period 2017-2021.

Covered in this report 
The report covers the present scenario and the growth prospects of the global shunt reactor market for 2017-2021. To calculate the market size, the report considers the new installations/value and exclude spares/aftermarket/services market.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA
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