市場調查報告書
商品編碼
1622662
並聯電抗器市場按類型、電壓類型、應用、最終用戶和地區劃分,2024 年至 2031 年Shunt Reactor Market By Type (Dry Type, Liquid Type), Voltage Type (Above 400 Kv, 200-400 Kv, Upto 200 Kv), Application (Fixed Reactor, Variable Reactor), End-User (Fixed Reactor, Variable Reactor), & Region for 2024-2031 |
由於並聯電抗器對於提高電力傳輸系統的效率和可靠性具有重要意義,因此對並聯電抗器的需求日益增長。並聯電抗器通常用於調節高壓輸電線路上的容性無功功率。當電力長距離輸送時,尤其是透過高壓輸電線,容抗可能會導致電壓水平飆升。這種現象稱為電壓不穩定,會損壞設備並導致停電,預計 2024 年市場收入將超過 30.5 億美元,到 2031 年將達到約 43.9 億美元。
隨著對風能和太陽能等再生能源的需求不斷增加,電網的管理變得越來越困難。這些能源往往是間歇性的和偏遠的,需要大規模的輸電基礎設施將電力輸送到城市和工業區。並聯電抗器有助於減少因再生能源產量波動而引起的電壓波動,從而維持電網穩定,預計這將推動市場在 2024 年至 2031 年期間以 4.68% 的複合年增長率成長。
並聯電抗器市場定義/概述
並聯電抗器是電力系統中調整電壓等級的設備。它由一圈繞在磁芯(例如鐵)上的線圈組成。當電力透過電線傳輸時,電壓等級會根據距離和負載需求而波動。並聯電抗器與輸電線路並聯,作為可調電負載。
並聯電抗器是一種穩定電壓等級、提高電網效率的輸電裝置。它們透過吸收長輸電線路產生的多餘無功功率來工作,特別是在電力流量較低的低需求時期。如果管理不善,這種無功功率可能會導致電壓不穩定和能源傳輸效率低下。透過吸收多餘的無功功率,並聯電抗器有助於維持整個電網的穩定電壓水平,從而實現高效電力輸送,而不會損壞設備或中斷服務。
並聯電抗器對提升輸電效率也有很大貢獻。控制電壓等級可以限制傳輸過程中浪費的能量。這類似於最大限度地減少水管系統中的洩漏。效率的提高意味著成本的降低以及向消費者提供更穩定的電力供應。
發電能力的增加是並聯電抗器市場發展的主要驅動力。隨著全球能源需求的增加,世界各國政府都在擴大發電基礎設施以滿足需求。這種成長通常還包括引入再生能源,這會導致輸電系統的電壓波動和無功功率干擾。並聯電抗器透過提高電壓穩定性和改善電能品質在解決這些問題中發揮關鍵作用。
國際能源總署(IEA)預測,2022年至2024年全球電力需求將以每年2.1%的速度成長,需要對電力傳輸和配電基礎設施進行大量投資。根據美國能源資訊署 (EIA) 的報告,光是在美國,2021 年公用事業規模發電容量就增加了約 14.5 吉瓦 (GW)。
高昂的初始安裝成本可能會阻礙並聯電抗器業務的成長,尤其是在財政資源有限或長期利益無法立即顯現的地區。並聯電抗器對於維持電網的電能品質和系統穩定性非常重要,但需要大量的初始投資。這不僅包括反應爐的成本,還包括場地準備、安裝和連接現有基礎設施的成本。這些成本對於小型公用事業公司和新興國家來說可能過高,這限制了該產業的發展。此外,在某些情況下,投資回報可能需要數年才能實現,這使得決策者很難證明這筆開支是合理的。
值得注意的是,高安裝成本的影響可以透過多種因素來最小化。首先,隨著世界各地電網擴大,納入更多再生能源,無功功率調節的需求也隨之增加。需求的成長可能會刺激製造業的創新和規模經濟,最終帶來長期成本的節省。其次,並聯電抗器的長期效益,例如提高電網穩定性、減少功率損耗和改善電壓控制,可以顯著降低營運成本並提高可靠性。許多公用事業和電網營運商可能會發現,這些考慮意味著他們的初始投資被浪費了。此外,隨著人們對電網穩定性必要性的認識不斷增強,政府對此類技術的支持和投資誘因可能會增加。
The growing demand for shunt reactors arises from their importance in improving the efficiency and reliability of electrical power transmission systems. Shunt reactors are typically used to adjust for capacitive reactive power in high-voltage power transmission lines. As electricity is transported over long distances, particularly in high-voltage lines, capacitive reactance can cause voltage levels to skyrocket. This phenomenon, known as voltage instability can harm equipment and cause power supply outages by enabling the market to surpass a revenue of USD 3.05 Billion valued in 2024 and reach a valuation of around USD 4.39 Billion by 2031.
Power grid management is becoming more difficult as the demand for renewable energy sources such as wind and solar power grows. These sources frequently generate power intermittently and in remote regions necessitating large transmission infrastructure to provide electricity to urban areas and industrial centers. Shunt reactors help to preserve grid stability by reducing voltage variations caused by renewable energy sources fluctuating output by enabling the market to grow at aCAGR of 4.68% from 2024 to 2031.
Shunt Reactor Market: Definition/ Overview
A shunt reactor is a device in electrical power systems that regulates voltage levels. It is formed out of a coil of wire twisted around a magnetic core such as iron. When electricity flows over power lines, voltage levels can vary depending on distance and load demand. A shunt reactor is linked in parallel (shunt connection) to the transmission lines and functions as an adjustable electrical load.
A shunt reactor is an electrical power transmission device that stabilizes voltage levels and improves grid efficiency. It operates by absorbing surplus reactive power created by long transmission lines, particularly during low-demand periods when power flow is low. This reactive power, if not managed appropriately, can cause voltage instability and inefficient energy transmission. By absorbing excess reactive power, shunt reactors help to maintain a steady voltage level throughout the grid allowing electricity to be transported effectively without causing equipment damage or service disruption.
Shunt reactors also contribute significantly to increased power transmission efficiency. By controlling voltage levels, they limit the amount of energy wasted during transmission which is analogous to minimizing leaks in a water pipe system. This efficiency gain results in cost savings and a more stable power supply for consumers.
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The rising power generation capacity is a major driver of the shunt reactor market. As global energy demand grows, governments around the world are expanding their power-producing infrastructure to satisfy it. This growth frequently includes the incorporation of renewable energy sources which can cause voltage swings and reactive power difficulties in transmission systems. Shunt reactors play an important role in addressing these issues by promoting voltage stability and improving power quality.
The International Energy Agency (IEA) predicts that global electricity demand will increase by 2.1% per year from 2022 to 2024 necessitating significant investments in power transmission and distribution infrastructure. The U.S. Energy Information Administration (EIA) reports that utility-scale electricity generation capacity in the United States alone increased by approximately 14.5 gigawatts (GW) in 2021.
The high initial cost of installation may standstill the growth of the shunt reactor business especially in regions with limited financial resources or where the long-term benefits are not immediately obvious. Shunt reactors while critical for preserving power quality and system stability in electrical grids can demand a considerable initial investment. This covers not just the reactor's cost but also expenses for site preparation, installation, and connection with existing infrastructure. These expenses can be prohibitively high for smaller utilities and developing countries, thus limiting industry progress. Furthermore, in certain circumstances, the return on investment may take several years to manifest making it difficult for decision-makers to justify the expense, especially when faced with competing priorities and restricted budgets.
It is crucial to note that the impact of high installation costs can be minimized by a variety of factors. First, as power systems throughout the world expand and incorporate more renewable energy sources, the requirement for reactive power adjustment grows. This increased demand may encourage innovation and economies of scale in manufacturing ultimately resulting in cost savings over time. Second, the long-term benefits of shunt reactors such as improved grid stability, lower power losses, and better voltage control can result in significant operational cost savings and increased reliability. Many utilities and grid operators may find that these considerations negate their initial investment. Furthermore, as awareness of the need for grid stability rises, there may be increased government support and incentives for investing in such technology.
Liquid-type shunt reactors are more prevalent due to their improved efficiency and superior cooling capabilities. They can withstand higher voltage levels and power capacity making them appropriate for large-scale power networks and heavy industrial applications. The liquid coolant effectively dissipates heat keeping the reactor's performance steady over time.
They effectively reduce power losses ensuring that the given electricity is used efficiently. This efficiency is critical for power networks which are being pushed to their limits by increased electrical demands from residential, commercial, and industrial sectors. Liquid-type shunt reactors contribute to lower operational costs and improved power grid performance by eliminating energy waste. Furthermore, the great efficiency of these reactors is consistent with worldwide trends toward energy saving and sustainability making them a popular choice in the market.
The increasing efficiency and cooling capacities of liquid-type shunt reactors are key elements driving their expansion in the type category. Their capacity to improve energy efficiency, lower operational costs, and ensure consistent performance makes them an appealing option for utility companies and enterprises around the world. As demand for stable and efficient power systems grows, the liquid-type shunt reactor market is predicted to rise rapidly owing to these important features.
Fixed reactors are widely employed in power systems for voltage regulation and stability making them an essential component of electrical grid management. These reactors are permanently connected to the grid and serve an important role in ensuring a constant voltage level minimizing fluctuations that could harm equipment or cause inefficiency. Their capacity to provide continuous voltage control without the need for regular modifications makes them extremely dependable and critical for guaranteeing the smooth running of power networks. This dependability and stability are crucial in areas with changing power demands making fixed reactors the favored choice for many utilities and grid operators.
Fixed reactors' dominance stems from their simplicity and robustness. They have fewer moving components and require less maintenance than variable reactors which results in cheaper long-term operational expenses. This cost-effectiveness is particularly advantageous for large-scale power transmission and distribution networks that demand steady performance with low downtime. Fixed reactor's lengthy service life and low maintenance requirements make them an appealing choice for grid operators wishing to invest in dependable infrastructure. Furthermore, their simple form facilitates integration into current systems reinforcing their commercial position.
The Asia Pacific region is expected to be a major driver of growth in the shunt reactor market owing to fast industrialization and rising energy demand. According to the International Energy Agency (IEA), energy demand in Southeast Asia is expected to increase by an average of 4% per year until 2030 more than doubling the global average. This increase in demand is driven mostly by industrial expansion, urbanization, and growing living standards throughout the region. China and India, in particular, are likely to drive a significant share of this development.
Several reasons contribute to Asia Pacific's dominant position in the shunt reactor market. To begin, large expenditures in power infrastructure to support industrial expansion are driving increasing demand for power-quality equipment such as shunt reactors. The Asian Development Bank (ADB) forecasts that the area will need to invest $14.7 trillion in electrical infrastructure between 2016 and 2030 to sustain its current development rate. Second, the growing integration of renewable energy sources into the grid particularly wind and solar necessitates the employment of shunt reactors to control voltage swings. According to the International Renewable Energy Agency (IRENA), Asia accounted for 64% of global new renewable energy capacity additions in 2020.
The increasing consumption of power in the residential sector is expected to drive the shunt reactor market in North America. According to the United States Energy Information Administration (EIA), home electricity usage in the United States is expected to increase gradually in the future years. In 2020, the residential sector accounted for approximately 39% of total US electricity consumption, and this figure is likely to climb even more. According to the US Department of Energy, the average annual electricity use for a residential utility customer in 2020 was 10,715 kilowatt-hours (kWh). This figure has gradually risen over time owing to reasons such as population expansion, increased usage of electronic gadgets, and the introduction of electric vehicles.
Variable shunt reactors are expected to be the fastest-growing section of the North American shunt reactor market. This is primarily due to the increased integration of renewable energy sources into the power grid as well as the demand for more flexible and efficient power transmission systems. According to the International Energy Agency (IEA), renewable energy capacity in North America is predicted to increase by more than 440 GW between 2023 and 2027 accounting for about 75% of the region's capacity growth. Variable shunt reactors provide substantial advantages over fixed shunt reactors for controlling voltage changes induced by intermittent renewable energy sources.
The shunt reactor market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.
Some of the prominent players operating in the shunt reactor market include:
Mitsubishi Corporation
Fuji Electric
Hd Hyundai Heavy Industries Co., Ltd.
Tbea
Hilkar
Toshiba Corporation
Siemens Ag
Ge Grid Solution
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