Press release
Shunt Reactor Market Size to Hit USD 4.11 Billion by 2030 with Steady CAGR of 4.5%
Shunt Reactor Market
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.
๐๐ก๐ฎ๐ง๐ญ ๐๐๐๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's shunt reactor market is expanding as the government invests in energy grid modernization. Companies like ๐๐๐ 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.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฏ๐ข๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/1161/
๐๐ก๐ฎ๐ง๐ญ ๐๐๐๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's focus on renewable energy integration and smart grid initiatives is fueling the adoption of shunt reactors. ๐๐ข๐๐ฆ๐๐ง๐ฌ ๐๐ง๐๐ซ๐ ๐ฒ 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.
๐๐ก๐ฎ๐ง๐ญ ๐๐๐๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's advanced energy grid and focus on renewable energy adoption create significant opportunities for the shunt reactor market. Companies like ๐๐จ๐ฌ๐ก๐ข๐๐ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ & ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ are introducing compact and efficient reactors tailored to Japan's high-tech energy infrastructure. The rise of offshore wind projects enhances market potential.
๐๐ก๐ฎ๐ง๐ญ ๐๐๐๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐
China's shunt reactor market is characterized by large-scale deployments in its extensive energy grid. Companies like ๐๐ก๐ข๐ง๐ ๐๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ. are leading the market with advanced reactors designed for high-voltage applications. Strategic partnerships and government-backed energy projects drive consolidation and innovation.
๐๐ก๐ฎ๐ง๐ญ ๐๐๐๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's investments in smart grids and energy efficiency are driving the demand for shunt reactors. Companies like ๐๐ฒ๐จ๐ฌ๐ฎ๐ง๐ ๐๐๐๐ฏ๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ are delivering innovative solutions for voltage stabilization and power quality improvement. Government incentives for green energy projects further support market growth.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/1161/
๐๐ก๐ฎ๐ง๐ญ ๐๐๐๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's strategic focus on sustainable energy and grid reliability creates a strong market for shunt reactors. Companies like ๐๐๐ง๐๐ซ๐๐ฅ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ 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.
๐๐ก๐ฎ๐ง๐ญ ๐๐๐๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US leads the global shunt reactor market with a robust energy infrastructure and increasing focus on grid modernization. Companies like ๐๐๐ญ๐จ๐ง and ๐๐ ๐๐๐ง๐๐ฐ๐๐๐ฅ๐ ๐๐ง๐๐ซ๐ ๐ฒ are pioneering the development of advanced reactors for voltage regulation and grid stability. Federal investments in renewable energy transmission systems bolster the market.
๐๐ก๐ฎ๐ง๐ญ ๐๐๐๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's shunt reactor market is driven by stringent energy efficiency regulations and the expansion of renewable energy projects. Companies like ๐๐๐ก๐ง๐๐ข๐๐๐ซ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ and ๐๐ข๐๐ฆ๐๐ง๐ฌ ๐๐ง๐๐ซ๐ ๐ฒ are innovating with eco-friendly and high-performance reactors. The rise of cross-border energy grids supports sustained growth.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/1161/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐ ๐จ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Oil-Immersed Reactor
Air Core Dry Reactor
๐๐ฒ ๐ ๐จ๐ซ๐ฆ ๐ ๐๐๐ญ๐จ๐ซ
Fixed Shunt Reactor
Variable Shunt Reactor
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Less than 200 kV
200kV-400kV
Above 400kV
๐๐ฒ ๐๐ง๐ ๐ฎ๐ฌ๐
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.
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/shunt-reactor-market/1161/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
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
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