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Air Core Fixed Shunt Reactor Market Share

Report ID: GMI8257
Published Date: Feb 2024
Report Format: PDF

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Air Core Fixed Shunt Reactor Market Share

Global Company Market Share Analysis, 2023

Siemens Energy dominates the air core fixed shunt reactor industry with its advanced technology and extensive industry experience. Its superior product quality, innovative designs, and commitment to customer satisfaction have solidified its position as a market leader. Through strategic partnerships and continuous research and development, Siemens Energy consistently delivers reliable solutions tailored to meet evolving market demands, thus maintaining its significant market share in the air core fixed shunt reactor sector.

Air Core Fixed Shunt Reactor Market Companies

Eminent players functioning across the air core fixed shunt reactor industry are:

Coil Innovation
GE
GETRA S.p.A.
Hilkar
Hitachi Energy Ltd.
HYOSUNG HEAVY INDUSTRIES
MindCore Technologies
NISSIN ELECTRIC Co.,Ltd.
Phoenix Electric Corp.
SGB SMIT
Shrihans Electricals Pvt. Ltd.
Siemens Energy
TMC TRANSFORMERS MANUFACTURING COMPANY
Toshiba Energy Systems & Solutions Corporation

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market value of air core fixed shunt reactor was reached USD 463 million in 2023 and is envisioned to record 6.7% from 2024 to 2032 as renewable energy sources like wind and solar become more prevalent.

The three-phase shunt reactors segment held approximately 61% of the market share in 2023 and will grow significantly through 2032 on account of the superior grid stability and voltage regulation they offer.

Asia Pacific air core fixed shunt reactor market revenue to cross USD 375 million by 2032, while increasing at growth rate of 6.5% through2032, owing to the growing energy demand across the developing nations.

Coil Innovation, GE, GETRA S.p.A., Hilkar, Hitachi Energy Ltd., HYOSUNG HEAVY INDUSTRIES, MindCore Technologies, NISSIN ELECTRIC Co.,Ltd., Phoenix Electric Corp., SGB SMIT, Shrihans Electricals Pvt. Ltd., Siemens Energy, TMC TRANSFORMERS MANUFACTURING COMPANY, and Toshiba Energy Systems & Solutions Corporation.