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Asia Pacific Three Phase Shunt Reactor Market Share

Report ID: GMI8927
Published Date: Apr 2024
Report Format: PDF

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Asia Pacific Three Phase Shunt Reactor Market Share

Asia Pacific Three Phase Shunt Reactor Company Market Share Analysis, 2023

Hitachi Energy commands a significant share in the Asia-Pacific three-phase shunt reactor market due to its extensive product portfolio, advanced technologies, and strong presence in the region. Its commitment to innovation and reliability has earned it a leading position in catering to the growing demand for shunt reactors in the Asia-Pacific region.

Asia Pacific Three Phase Shunt Reactor Market Companies

Some of major the key players operating across the Asia Pacific three phase shunt reactor industry are:

Alstom
CG Power & Industrial Solutions Ltd.
Fuji Electric Co., Ltd.
GE
GBE S.p.A
HYOSUNG HEAVY INDUSTRIES
Hitachi Energy Ltd.
NISSIN ELECTRIC Co.,Ltd.
Shrihans Electricals Pvt. Ltd.
SGB SMIT
Siemens Energy
TMC Transformers APAC Pte Ltd
TBEA
Toshiba Energy Systems & Solutions Corporation
WEG

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

Asia Pacific market for three phase shunt reactor was reached USD 595.7 million in 2023 and is set to exhibit 8.2% CAGR until 2032, driven by rising demand for electricity.

APAC fixed three phase shunt reactors market is set to grow at 7.5% CAGR till 2032, driven by grid modernization initiatives and the expansion of renewable energy installations.

China three-phase shunt reactor market held a decent revenue share in 2023 and is set to surpass USD 575 million by 2032, driven by ambitious infrastructure development initiatives.

Alstom, CG Power & Industrial Solutions Ltd, Fuji Electric Co., Ltd., GE, HYOSUNG HEAVY INDUSTRIES, Hitachi Energy Ltd., NISSIN ELECTRIC Co.,Ltd. among others.