Companies Dominating the Shunt Reactor Landscape
- ABB, Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Siemens AG
- General Electric Company
- Toshiba Corporation
- Mitsubishi Electric Corporation
- Fuji Electric Co.
- CG Power and Industrial Solutions Limited
- Nissin Electric Co., Ltd.
- TRENCH Group
- Hyundai Heavy Industries
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of shunt reactor is evaluated at USD 2.99 billion.
Shunt Reactor Market size was over USD 2.82 billion in 2024 and is poised to exceed USD 6.71 billion by 2037, witnessing over 6.9% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is estimated to hold largest revenue share by 2037, driven by growing investments to improve the transmission and distribution network, and rising electricity demand from business and domestic sources in the region.
The major players in the market are ABB, Ltd., Siemens AG, General Electric Company, Toshiba Corporation, Mitsubishi Electric Corporation, and others.
