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Asia Pacific Single Phase Shunt Reactor Market Share

Report ID: GMI11433
Published Date: Sep 2024
Report Format: PDF

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Asia Pacific Single Phase Shunt Reactor Market Share

Siemens Energy holds a significant share in the Asia-Pacific single-phase shunt reactor market, driven by its expertise in power transmission and energy-efficient solutions. The company's advanced technologies help utilities manage voltage fluctuations, particularly with the growing renewable energy infrastructure. Siemens Energy's commitment to innovation and grid stability solutions makes it a key player in the region's market growth.

Asia Pacific Single Phase Shunt Reactor Market Companies

Some of the key market players operating across the Asia Pacific single phase shunt reactor industry are:

ABB
Alstom
Fuji Electric
GBE
General Electric
Hitachi Energy
Hyosung Heavy Industries
Nissin Electric
Siemens Energy
Shrihans Electricals
Toshiba
Transformers Manufacturing Company
TBEA
WEG

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

Asia Pacific single phase shunt reactor industry was valued at USD 396.4 billion in 2023 and will register a 6.7% CAGR from 2024 – 2032 fueled by urbanization and industrialization in emerging economies.

The fixed single-phase shunt reactor segment will surpass USD 400 million by 2032. Fixed shunt reactors are increasingly preferred due to their ability to provide consistent voltage regulation and reduce transmission losses, ensuring grid stability.

China single phase shunt reactor industry is set to exceed USD 340 million by 2032, ushered by expanding power grid infrastructure and rising electricity demand.

Hitachi Energy, Hyosung Heavy Industries, Nissin Electric, Siemens Energy, Shrihans Electricals, and Toshiba, among others.