Oil Immersed Shunt Reactor Market Players:
- GBE S.P.A
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- SGB Smit
- Siemens Energy
- Shrihans Electricals Pvt. Ltd.
- CG Power & Industrial Solutions Ltd.
- WEG
- Getra S.P.A.
- Tmc Transformers Manufacturing Company
- Hyosung Heavy Industries
- GE
The current trend in the global oil immersed shunt reactor sector is highly influenced by the massive investments from regional power grids to upgrade their systems. For instance, in April 2020, ABB gained a contract from Interconexion Electrica S.A. E.S.P. (ISA) to supply reliable shunt reactors worth USD 100 million to strengthen their grid. With such collaboration, ABB aims to offer affordable, reliable, sustainable, and modern energy for consumers in South America by implementing its technologies. The leaders are now focusing more on developing innovative solutions to mitigate issues related to the operations, increasing demand in the sector. Such key players include:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of oil immersed shunt reactor is estimated at USD 12.79 billion.
The global oil immersed shunt reactor market size was more than USD 12.01 billion in 2025 and is anticipated to witness a CAGR of more than 7.2%, crossing USD 24.07 billion revenue by 2035.
Asia Pacific oil immersed shunt reactor market will account for 38.60% share by 2035, driven by the capability of oil immersed shunt reactors to optimize power transmission in high-voltage grids across countries like India, China, and Japan.
Key players in the market include GBE S.p.A, SGB Smit, Siemens Energy, Shrihans Electricals Pvt. Ltd., CG Power & Industrial Solutions Ltd., WEG, Hitachi Energy Ltd, Getra S.P.A., Tmc Transformers Manufacturing Company, Hyosung Heavy Industries, GE.
