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Single Phase Fixed Shunt Reactor Market Share

Report ID: GMI8311
Published Date: Feb 2024
Report Format: PDF

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Single Phase Fixed Shunt Reactor Market Share

Siemens Energy has emerged as one of the leading industry participants owing to its trusted reputation for reliability and quality engineering. Its global presence enables effective market penetration and strong partnerships with utilities worldwide. Moreover, Siemens Energy's dedication to deliver diverse range of innovative solutions along with research & development ensures continuous adaptation to industry needs, solidifying its leadership in the single-phase fixed shunt reactor market.

Single Phase Fixed Shunt Reactor Market Companies

Some of the prominent players operating across the single-phase fixed shunt reactor industry are:

CG Power & Industrial Solutions Ltd.
Fuji Electric Co., Ltd.
GBE S.p.A
GE
GETRA S.p.A.
HICO America
Hitachi Energy Ltd.
HYOSUNG HEAVY INDUSTRIES
NISSIN ELECTRIC Co., Ltd.
SGB SMIT
Shrihans Electricals Pvt. Ltd.
Siemens Energy
TMC TRANSFORMERS MANUFACTURING COMPANY
Toshiba Energy Systems & Solutions Corporation
WEG

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of single phase fixed shunt reactor was reached USD 485.6 million in 2023 and is expected to register over 5.1% CAGR from 2024 to 2032, owing to rising deployment of renewable energy sources including wind and solar into the grid, necessitating reactive power compensation worldwide.

The oil immersed segment held over 60% share of single phase fixed shunt reactor market in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to providing effective insulating windings, excellent dielectric properties, and prevention of electrical breakdowns.

Asia Pacific single phase fixed shunt reactor industry is expected to cross USD 340 million by 2032, due to rapid industrialization and urbanization, elevating electricity demand and necessitating infrastructure reinforcement in the region.

CG Power & Industrial Solutions Ltd., Fuji Electric Co., Ltd., GBE S.p.A, GE, GETRA S.p.A., HICO America, Hitachi Energy Ltd., HYOSUNG HEAVY INDUSTRIES, NISSIN ELECTRIC Co., Ltd., and SGB SMIT, are some of the major single phase fixed shunt reactor companies worldwide.