The Global Shunt Reactors Market is growing with the rapid pace. According to a recent study report published by the Market Research Future, The global market of Shunt Reactors will grow at a rapid pace over the forecast period. The market is forecasted to witness slow but steady growth by 2027, which will be a surplus growth at a moderate CAGR during the projected period (2016 -2027).
According to World Bank, the consumption of electric power has been increased consistently. In 2014, the consumption of electricity was 3,144.4 kWh per capita as compared to 2,956.6 in 2010.
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