Future Market Insights delivers key insights on the global shunt reactor market in a latest report titled “Shunt Reactor Market: Global Industry Analysis and Opportunity Assessment, 2016–2026”. According to the report, revenue from the global shunt reactor market is projected to expand at a healthy CAGR of 8.6% over the forecast period.
Some of the major factors driving the growth of the global shunt reactor market are an expanding electrical distribution network against the backdrop of continually increasing demand for electricity, refurbishment of ageing coal-fired plants, ageing power infrastructure in developed economies, and emergence of microgrids and interconnection of local and regional grids.
Read more: Shunt Reactor Market Expected to Increase at a CAGR of 8.6% During 2016-2026