Home > Energy & Power > Electrical Equipment > Shunt Reactors > Oil Immersed Three Phase Shunt Reactor Market

Oil Immersed Three Phase Shunt Reactor Market Share

Report ID: GMI11864
Published Date: Oct 2024
Report Format: PDF

Download Free Sample

Oil Immersed Three Phase Shunt Reactor Market Share

Siemens Energy holds a substantial share in the oil-immersed three-phase shunt reactor market due to its extensive experience, advanced technology, and strong global presence. Company's focus on innovation, particularly in developing efficient and compact reactor designs, positions it as a leader. Additionally, Siemens’ commitment to sustainability and compliance with environmental regulations further enhances its competitive advantage in this rapidly evolving market.

Oil Immersed Three Phase Shunt Reactor Market Companies

Major players operating in the oil immersed three phase shunt reactor industry are:

CG Power & Industrial Solutions
Fuji Electric
GE
GBE
GETRA
Hyosung Heavy Industries
Hitachi Energy
Nissin Electric
Shrihans Electricals
SGB SMIT
Siemens Energy
Toshiba Energy Systems & Solutions
TMC Transformers Manufacturing Company
WEG

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The global oil-immersed three-phase shunt reactor industry was valued at USD 1.1 billion in 2023 and is estimated to grow at a 7.1% CAGR from 2024 to 2032, driven by rising demand for grid stability and energy efficiency.

The fixed shunt reactors segment is projected to exceed USD 1.1 billion by 2032, as they dominate the market and benefit from the integration of smart technology for real-time monitoring and diagnostics.

The U.S. oil-immersed three-phase shunt reactor industry is projected to exceed USD 250 million by 2032, driven by a focus on grid modernization and renewable energy integration.

Key players in the industry include CG Power & Industrial Solutions, Fuji Electric, GE, GBE, GETRA, Hyosung Heavy Industries, Hitachi Energy, Nissin Electric, and Shrihans Electricals.