Who are the key players in air core fixed shunt reactor market?

Some of the major players in the air core fixed shunt reactor industry include Hyosung Heavy Industries, MindCore Technologies, Nissin Electric, Phoenix Electric, SGB SMIT, Shrihans Electricals, Siemens Energy, TMC Transformers.

How much market size is expected from U.S. air core fixed shunt reactor market by 2034?

The U.S. air core fixed shunt reactor market is likely to reach USD 103 million by 2034.

How big is the air core fixed shunt reactor market?

The air core fixed shunt reactor market was valued at USD 497 million in 2024 and is expected to reach around 966.2 million by 2034, growing at 7.1% CAGR through 2034.

What will be the size of three phase segment in the air core fixed shunt reactor industry?

The three phase segment is anticipated to cross 627 million by 2034.

Air Core Fixed Shunt Reactor Market Trends

Report ID: GMI8257

Published Date: April 2025

Report Format: PDF

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Air Core Fixed Shunt Reactor Market Trends

Shifting power transmission and distribution along with integration of renewable energy sources necessitates reactive power compensation devices, thereby enhancing the grid stability. Technological product advancements improves the efficiency, thereby further augmenting the business landscape. Shifting focus of the emerging economies to prioritize grid modernization will strengthen the product penetration.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Question(FAQ) :

Who are the key players in air core fixed shunt reactor market?: Some of the major players in the air core fixed shunt reactor industry include Hyosung Heavy Industries, MindCore Technologies, Nissin Electric, Phoenix Electric, SGB SMIT, Shrihans Electricals, Siemens Energy, TMC Transformers.
How much market size is expected from U.S. air core fixed shunt reactor market by 2034?: The U.S. air core fixed shunt reactor market is likely to reach USD 103 million by 2034.
How big is the air core fixed shunt reactor market?: The air core fixed shunt reactor market was valued at USD 497 million in 2024 and is expected to reach around 966.2 million by 2034, growing at 7.1% CAGR through 2034.
What will be the size of three phase segment in the air core fixed shunt reactor industry?: The three phase segment is anticipated to cross 627 million by 2034.

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Authors: Ankit Gupta, Vishal Saini

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Base Year: 2024

Companies covered: 14

Tables & Figures: 23

Countries covered: 17

Pages: 124

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Air Core Fixed Shunt Reactor Market Trends

Air Core Fixed Shunt Reactor Market Trends

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