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North America Oil Immersed Shunt Reactor Market Share

  • Report ID: GMI8784
  • Published Date: Apr 2024
  • Report Format: PDF
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North America Oil Immersed Shunt Reactor Market Share

Company Market Share Analysis, 2023
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General Electric stands out as a major player in the North America oil-immersed shunt reactor industry. Renowned for its extensive experience and innovative solutions, GE offers a comprehensive range of shunt reactor products catering to various grid stabilization needs. With a strong presence in the region and a commitment to technological advancement, GE continues to lead in providing reliable and efficient solutions for grid infrastructure.

 

North America Oil Immersed Shunt Reactor Market Companies

Some of the key market players operating across the North America oil immersed shunt reactor industry are:

  • Alstom
  • CHINT Group
  • Elgin Power Solutions
  • Fuji Electric Co., Ltd.
  • General Electric
  • Hyosung Heavy Industries
  • Hitachi Energy Ltd.
  • JSHP Transformer
  • MEIDENSHA CORPORATION
  • Nissin Electric Co., Ltd.
  • SGB SMIT
  • Siemens Energy
  • Shrihans Electricals Pvt. Ltd.
  • Toshiba Corporation
  • WEG
Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for oil immersed shunt reactor in North America reached USD 247.4 million in 2023 and is set to witness 6.2% CAGR from 2024 to 2032, led by grid modernization initiatives, increasing demand for electricity, and the integration of renewable energy sources.

The electric utility segment in the North America oil immersed shunt reactor industry is anticipated to grow at over 4.5% CAGR till 2032, as electricity continues to rise, utilities are investing in grid modernization initiatives to enhance grid stability and reliability.

The U.S. market is projected to surpass USD 300 million by 2032, attributed to the increasing electricity demand and the need for modernizing aging grid infrastructure.

Alstom, CHINT Group, Elgin Power Solutions, Fuji Electric Co., Ltd., General Electric, Hyosung Heavy Industries, Hitachi Energy Ltd., JSHP Transformer, MEIDENSHA CORPORATION, Nissin Electric Co., Ltd., SGB SMIT, Siemens Energy, Shrihans Electricals Pvt. Ltd., Toshiba Corporation and WEG.

North America Oil Immersed Shunt Reactor Market Scope

  • North America Oil Immersed Shunt Reactor Market Size
  • North America Oil Immersed Shunt Reactor Market Trends
  • North America Oil Immersed Shunt Reactor Market Analysis
  • North America Oil Immersed Shunt Reactor Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 15
    • Tables & Figures: 84
    • Countries covered: 2
    • Pages: 110
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