GLOBAL REACTOR TRANSFORMER MARKET

INTRODUCTION

 Reactors are specialised transformers that are frequently used in AC networks to control voltage, load flow, and limit current.

A reactor's primary function is to contain and regulate nuclear fission, which is the process by which atoms break and release energy.

GLOBAL REACTOR TRANSFORMER MARKETSIZE AND FORECAST

 TheGlobal Reactor transformer marketaccounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

GE wins multiple orders of high-voltage power transformers and reactors.Power Grid Corporation places numerous orders with GE for 765 kV transformers and reactors. 

For the new substations being built by PGCIL in the Indian state of Rajasthan to evacuate 8.1 gigawatts (GW) of green power from the state's solar energy zones, GE developed 45 units of 765 kV transformers and reactors.

The Grid Solutions division of GE Renewable Energy said that has had received several orders for the provision of 765 kV transformers and reactors for India. The main state-owned transmission company.

Power Grid Corporation of India Limited (PGCIL), granted the contracts. Modern power transformer manufacturing plant owned by GE's Grid Solutions will provide the project with the transformers and reactors it needs.

Under Phase-II of the Transmission System for Evacuation of Power from Solar Energy Zones in Rajasthan Project, GE transformers and reactors will be installed in the new substations that PGCIL will establish in the Indian state of Rajasthan to evacuate 8.1 gigawatts (GW) of power from the state's solar energy zones.

This comprises the removal of energy from four solar energy zones in Rajasthan for subsequent distribution to different recipients. These zones include 1.05 GW from Bhadla, 2.2 GW from Fatehgarh, 1.9 GW from Ramgarh, and 2.95 GW from Bikaner.

Additionally, it contains a lot of desert and uncultivated area, which makes it the perfect location for the production of solar energy. Rajasthan is becoming a pioneer in the production of renewable energy among the Indian states as a result of these geographic and environmental advantages.

The Indian government has set a goal of installing 175 GW of renewable energy capacity by 2022, of which 100 GW will come from solar energy and 60 GW would come from wind energy. This includes Rajasthan's estimated 20 GW of solar production capacity.

COMPANY PROFILE

• ABB Ltd.
• Alstom SA
• Hyosung Power & Industrial Systems Performance Group
• Crompton Greaves Ltd.
• GE Co.
• Hyundai Heavy Industries Co. Ltd.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Reactor transformer are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Reactor transformer and key vendor selection criteria
3. Where is the Reactor transformer manufactured? What is the average margin per unit?
4. Market share of Global Reactor transformer market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Reactor transformer in-house
6. key predictions for next 5 years in Global Reactor transformer market
7. Average B-2-B Reactor transformer market price in all segments
8. Latest trends in Reactor transformer market, by every market segment
9. The market size (both volume and value) of the Reactor transformer market in 2023-2030 and every year in between?
10. Production breakup of Reactor transformer market, by suppliers and their OEM relationship