According to our (Global Info Research) latest study, the global Magnetically Controlled Shunt Reactors market size was valued at US$ 2816 million in 2024 and is forecast to a readjusted size of USD 3993 million by 2031 with a CAGR of 5.2% during review period.
A magnetically-controlled shunt reactor (MCSR) represents electrotechnical equipment purposed for compensation of reactive power and stabilization of voltage level in high voltage electric networks rated for voltage classes 36 – 750 kV. MCSR is shunt-type static device with smooth regulation by means of inductive reactance.
Increasing adoption of advanced technologies is likely to reduce the demand for power distribution and transmission equipment over the forecast period, and increasing number of power distribution and transmission equipment modernization projects across the globe is expected to drive market growth. With urbanization, the need for electricity to stabilize systems and regulate voltages is increasing. Increase in the number of power transmission, modernization, and upgrades is driving the growth of the shunt reactor market. The increasing level of urbanization drives the growth of the three-phase market segment. According to the number of phases, the market is divided into single-phase and three-phase. Of these, three-phase power generation is expected to account for the largest share owing to increasing industrialization. Oil-immersed reactors dominate the market growth due to their compatibility with high-voltage systems, and based on type, the market is segmented into air-core and oil-immersed. The major share of the global market is expected to be occupied by oil-immersed shunt reactors due to their compatibility with high-voltage systems.
This report is a detailed and comprehensive analysis for global Magnetically Controlled Shunt Reactors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Magnetically Controlled Shunt Reactors market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Magnetically Controlled Shunt Reactors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Magnetically Controlled Shunt Reactors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Magnetically Controlled Shunt Reactors market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Magnetically Controlled Shunt Reactors
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Magnetically Controlled Shunt Reactors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, Hitachi, ABB, Crompton, Faramax, Coil Innovation, General Electric, Zaporozhtransformator, Toshiba, Mitsubishi, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Magnetically Controlled Shunt Reactors market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
High Voltage
Ultra High Voltage
Market segment by Application
Coal & Chemicals
Wind Farm
Power Substation
Special Industrial Users
Others
Major players covered
Siemens
Hitachi
ABB
Crompton
Faramax
Coil Innovation
General Electric
Zaporozhtransformator
Toshiba
Mitsubishi
Nissin Electric
Fuji Electronic
Hyosung
TBEA
Hilkar
Beijing Power Equipment Group
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Magnetically Controlled Shunt Reactors product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnetically Controlled Shunt Reactors, with price, sales quantity, revenue, and global market share of Magnetically Controlled Shunt Reactors from 2020 to 2025.
Chapter 3, the Magnetically Controlled Shunt Reactors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnetically Controlled Shunt Reactors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Magnetically Controlled Shunt Reactors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnetically Controlled Shunt Reactors.
Chapter 14 and 15, to describe Magnetically Controlled Shunt Reactors sales channel, distributors, customers, research findings and conclusion.
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