openPR Logo
Press release

Shunt Reactor Market Size to Hit USD 4.11 Billion by 2030 with Steady CAGR of 4.5%

Shunt Reactor Market

Shunt Reactor Market

๐’๐ก๐ฎ๐ง๐ญ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global shunt reactor market was valued at US$ 3.02 Bn. in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030, reaching US$ 4.11 Bn. by the end of the forecast period. The rising investments in energy infrastructure and the need for voltage regulation in long-distance power transmission are key growth drivers.

๐’๐ก๐ฎ๐ง๐ญ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's shunt reactor market is expanding as the government invests in energy grid modernization. Companies like ๐€๐๐ are collaborating with local utilities to deploy advanced shunt reactors for improved grid efficiency. Vietnam's renewable energy projects, particularly in wind and solar, further drive demand.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฏ๐ข๐š ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/1161/

๐’๐ก๐ฎ๐ง๐ญ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's focus on renewable energy integration and smart grid initiatives is fueling the adoption of shunt reactors. ๐’๐ข๐ž๐ฆ๐ž๐ง๐ฌ ๐„๐ง๐ž๐ซ๐ ๐ฒ has been active in supplying high-voltage reactors to support Thailand's growing energy needs. The government's energy policy to enhance transmission efficiency boosts market growth.

๐’๐ก๐ฎ๐ง๐ญ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's advanced energy grid and focus on renewable energy adoption create significant opportunities for the shunt reactor market. Companies like ๐“๐จ๐ฌ๐ก๐ข๐›๐š ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ & ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ are introducing compact and efficient reactors tailored to Japan's high-tech energy infrastructure. The rise of offshore wind projects enhances market potential.

๐’๐ก๐ฎ๐ง๐ญ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China's shunt reactor market is characterized by large-scale deployments in its extensive energy grid. Companies like ๐‚๐ก๐ข๐ง๐š ๐—๐ƒ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐‚๐จ. are leading the market with advanced reactors designed for high-voltage applications. Strategic partnerships and government-backed energy projects drive consolidation and innovation.

๐’๐ก๐ฎ๐ง๐ญ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's investments in smart grids and energy efficiency are driving the demand for shunt reactors. Companies like ๐‡๐ฒ๐จ๐ฌ๐ฎ๐ง๐  ๐‡๐ž๐š๐ฏ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ are delivering innovative solutions for voltage stabilization and power quality improvement. Government incentives for green energy projects further support market growth.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž @https://www.maximizemarketresearch.com/request-sample/1161/

๐’๐ก๐ฎ๐ง๐ญ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's strategic focus on sustainable energy and grid reliability creates a strong market for shunt reactors. Companies like ๐†๐ž๐ง๐ž๐ซ๐š๐ฅ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ are collaborating with local utilities to integrate shunt reactors into smart grid projects. The nation's emphasis on renewable energy and digital grid solutions enhances growth prospects.

๐’๐ก๐ฎ๐ง๐ญ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The US leads the global shunt reactor market with a robust energy infrastructure and increasing focus on grid modernization. Companies like ๐„๐š๐ญ๐จ๐ง and ๐†๐„ ๐‘๐ž๐ง๐ž๐ฐ๐š๐›๐ฅ๐ž ๐„๐ง๐ž๐ซ๐ ๐ฒ are pioneering the development of advanced reactors for voltage regulation and grid stability. Federal investments in renewable energy transmission systems bolster the market.

๐’๐ก๐ฎ๐ง๐ญ ๐‘๐ž๐š๐œ๐ญ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's shunt reactor market is driven by stringent energy efficiency regulations and the expansion of renewable energy projects. Companies like ๐’๐œ๐ก๐ง๐ž๐ข๐๐ž๐ซ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ and ๐’๐ข๐ž๐ฆ๐ž๐ง๐ฌ ๐„๐ง๐ž๐ซ๐ ๐ฒ are innovating with eco-friendly and high-performance reactors. The rise of cross-border energy grids supports sustained growth.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/1161/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž ๐จ๐Ÿ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Oil-Immersed Reactor
Air Core Dry Reactor

๐›๐ฒ ๐…๐จ๐ซ๐ฆ ๐…๐š๐œ๐ญ๐จ๐ซ

Fixed Shunt Reactor
Variable Shunt Reactor

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Less than 200 kV
200kV-400kV
Above 400kV

๐›๐ฒ ๐„๐ง๐ ๐ฎ๐ฌ๐ž

Electric utilities
Industrial Verticals

According to end users, the electric utility end-users category is expected to reach USD $3.94 billion by 2030, with the greatest market share of 4.5% in 2023. Due to government-friendly policies and urbanization, the demand for energy is rising quickly in emerging nations, propelling market expansion. Along with the ever-increasing demand for energy from a variety of end-use industries, many developing nations are intending to increase their capacity for power generation. These factors have produced numerous profitable prospects for the major players in the industry.

๐†๐ž๐ญ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/shunt-reactor-market/1161/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1.Zaporozhtransformator
2.Siemens AG
3.ABB
4.Crompton Greaves
5.Hyundai Heavy Industries
6.Fuji Electric Co. Ltd
7.Mitsubishi Electric Corporation
8.TBEA
9.TRENCH Group
10.Hilkar
11.General Electric
12.Toshiba
13.Nissin Electric
14.BEIJING POWER EQUIPMENT GROUP CO LTD
15.CG Power Systems
16.Edit Elektronik
17.ENTES Elektronik Cihazlar
18.Etamatis Enerji
19.Hyosung Power & Industrial Systems PG - Industrial
20.Hitachi
21.Alstom SA

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Global Lemon Extract Market https://www.maximizemarketresearch.com/market-report/global-lemon-extract-market/27793/

โ™ฆ Global Optical Sorter Market https://www.maximizemarketresearch.com/market-report/global-optical-sorter-market/73696/

โ™ฆ Endoscopic Spinal Surgery Market https://www.maximizemarketresearch.com/market-report/global-endoscopic-spinal-surgery-market/80247/

โ™ฆ Global Voice over Internet Protocol (VoIP) Market https://www.maximizemarketresearch.com/market-report/global-voice-over-internet-protocol-voip-market/55029/

โ™ฆ Inverter Market https://www.maximizemarketresearch.com/market-report/global-inverter-market/54845/

โ™ฆ India Solar Rooftop Market https://www.maximizemarketresearch.com/market-report/india-solar-rooftop-market/20777/

โ™ฆ Motorhome Vehicle Market https://www.maximizemarketresearch.com/market-report/motorhome-vehicle-market/165020/

โ™ฆ Global directional drilling services market https://www.maximizemarketresearch.com/market-report/directional-drilling-services-market/69000/

โ™ฆ Global Membrane Bioreactor (MBR) Systems Market https://www.maximizemarketresearch.com/market-report/global-membrane-bioreactor-systems-market/31266/

โ™ฆ Global Frozen Bakery Market https://www.maximizemarketresearch.com/market-report/global-frozen-bakery-market/23735/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Shunt Reactor Market Size to Hit USD 4.11 Billion by 2030 with Steady CAGR of 4.5% here

News-ID: 3827467 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

India Baby Care Product Market Dynamics - Drivers, Challenges, and Opportunities
India Baby Care Product Market Dynamics - Drivers, Challenges, and Opportunities
India Baby Care Product Market was worth US$ 14.17 Bn in 2024 and total revenue is expected to grow at a rate of 14.35 % CAGR from 2024 to 2030, reaching almost US $ 41.42 Bn in 2032. India Baby Care Product Market Overview: The India Baby Care Product Market has witnessed remarkable growth over the past few years, driven by rising disposable income, increasing awareness about infant hygiene, and growing urbanization.โ€ฆ
Bullet Train Market Forecast: Steady Expansion at 5.75% CAGR through 2029
Bullet Train Market Forecast: Steady Expansion at 5.75% CAGR through 2029
Bullet Train or High Speed Rail Market is expected to reach 6261.62 Units by 2029 from 4233.74 Units in 2022 at CAGR of 5.75%. Bullet Train or High Speed Rail Market Overview: The Bullet Train or High-Speed Rail (HSR) Market represents a transformative shift in transportation infrastructure, providing rapid, safe, and efficient travel solutions across countries and continents. High-speed rail systems are defined by their ability to operate at speeds exceeding 250โ€ฆ
Authorized Car Service Centre Market - Growth opportunities and Expansion
Authorized Car Service Centre Market - Growth opportunities and Expansion
Authorized Car Service Centre Market size was valued at US$ 251.62 Bn. in 2023 and the total revenue is expected to grow at 5.8% of CAGR through 2024 to 2030, reaching US$ 373.38 Bn. Authorized Car Service Centre Market Overview: The Authorized Car Service Centre market is witnessing steady growth as vehicle owners increasingly prefer certified and branded service centers over independent workshops. These centers provide specialized maintenance, genuine spare parts, andโ€ฆ
Used Cooking Oil Market Insights - Size, CAGR, Key Drivers, and Future Prospects by 2030
Used Cooking Oil Market Insights - Size, CAGR, Key Drivers, and Future Prospects โ€ฆ
Used Cooking Oil Market was valued at USD 7.50 Bn in 2023 and is expected to reach USD 11.35 Bn by 2030, at a CAGR of 6.1 % during the forecast period. Used Cooking Oil Market Overview: The Used Cooking Oil market is experiencing robust growth globally, driven by increasing awareness of sustainable practices and the rising adoption of biofuel production. Used cooking oil, primarily sourced from households, restaurants, and food processingโ€ฆ

All 5 Releases


More Releases for Reactor

Top Trends Transforming the Small Modular Reactor Market Landscape in 2025: Adva โ€ฆ
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts What Will the Small Modular Reactor Industry Market Size Be by 2025? The market size of small modular reactors has seen a significant expansion in the past few years. Its growth is projected to rise from $0.27 billion in 2024 to $0.67 billion in 2025, with a compound annualโ€ฆ
Ultrasonic High Temperature High Pressure Reactor Advantage
With the continuous advancement of technology, the ultrasonic high-temperature high-pressure reactor has demonstrated outstanding performance and a broad range of applications in fields such as chemistry, materials science, and biotechnology. This high-temperature high-pressure reactor is an experimental device designed to facilitate reactions under high-pressure and high-temperature conditions. Its core principle is based on the mechanical vibrations of ultrasound, which induce compression and expansion processes in the surrounding medium, thereby creating aโ€ฆ
Prominent Small Modular Reactor Market Trend for 2025: Advances In Small Modular โ€ฆ
What Are the Projected Growth and Market Size Trends for the Small Modular Reactor Market? The small modular reactor market has grown exponentially in recent years. It will rise from $0.27 billion in 2024 to $0.67 billion in 2025, at a CAGR of 152.1%. The growth is driven by concerns over energy security, regulatory support, increasing electricity demand, the need for carbon emission reduction, and the desire for decentralized power generation. Theโ€ฆ
Line Reactor Market Market 2024 | Valuates Reports
Line Reactor - Market Size The global market for Line Reactor was estimated to be worth US$ 167.5 million in 2023 and is forecast to a readjusted size of US$ 220.2 million by 2030 with a CAGR of 3.9% during the forecast period 2024-2030 View Sample Report https://reports.valuates.com/request/sample/QYRE-Auto-28Y8178/Global_and_China_Line_Reactor_Market_Insights_Forecast_to_2027 Report Scope This report aims to provide a comprehensive presentation of the global market for Line Reactor, focusing on the total sales volume, sales revenue, price, keyโ€ฆ
Variable Shunt Reactor Market 2021 | Detailed Report
Variable Shunt Reactor Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027. Get Free Sample PDF (including full TOC, Tables and Figures) of Variable Shunt Reactor Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4963736 The report provides a comprehensive analysis of company profiles listed below: - ABB - Siemens - Crompton Greaves -โ€ฆ
Nuclear Reactor Market
Construction of new nuclear across the globe is one of the primary reasons behind the accelerating growth of the global nuclear reactor market, states TMR Research in a new research report. The report is titled, โ€œNuclear Reactor Market โ€“ Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 โ€“ 2025.โ€ Click on the link below to request a sample copy of the report https://www.tmrresearch.com/sample/sample?flag=B&rep_id=335 The worldwide market for nuclear reactors isโ€ฆ