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

Three Phase Fixed Shunt Reactor Market Share

Report ID: GMI8047
Published Date: Feb 2024
Report Format: PDF

Download Free Sample

Three Phase Fixed Shunt Reactor Market Share

Global Company Market Share Analysis, 2023, (%)

Among the major players operating in the three-phase fixed shunt reactor industry, GE stands out as a prominent industry leader. With its extensive expertise, innovative solutions, and global reach, GE offers a comprehensive range of high-quality fixed shunt reactors tailored to meet diverse customer needs. Leveraging advanced technologies and a strong reputation for reliability, GE consistently delivers cutting-edge products and services that enhance grid stability, optimize power transmission, and support the integration of renewable energy sources. As a key player in the market, GE continues to drive forward the advancement of three-phase fixed shunt reactor technology, cementing its position as a top choice for utilities and industries worldwide.

Three Phase Fixed Shunt Reactor Market Companies

Some of the prominent key players operating across the three 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.
Siemens Energy
SGB SMIT
Shrihans Electricals Pvt. Ltd.
TMC TRANSFORMERS MANUFACTURING COMPANY
Toshiba Energy Systems & Solutions Corporation
WEG

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market valuation of three phase fixed shunt reactor was reached at USD 769.4 million in 2023 and is set to grow at a CAGR of 6.6% through 2032, owing to the rising demand for electricity, driven by urbanization, industrialization, and infrastructure development.

Oil immersed shunt reactors is anticipated to witness 6% CAGR from 2024 to 2032, due to their superior cooling capability compared to dry-type reactors.

Asia Pacific market for three-phase fixed shunt reactors is witnessing remarkable growth, projected to achieve a CAGR of 6% through 2032, favored by the rapid pace of industrialization and urban development.

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. among others.