Global Shunt Reactor Market to Reach $4.4 Billion by 2030
The global market for Shunt Reactor estimated at US$3.1 Billion in the year 2022, is projected to reach a revised size of US$4.4 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Oil-Immersed, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$2.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Air-Core segment is readjusted to a revised 4% CAGR for the next 8-year period.The U.S. Market is Estimated at $844.6 Million, While China is Forecast to Grow at 7.2% CAGR
The Shunt Reactor market in the U.S. is estimated at US$844.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$937.7 Million by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.Select Competitors (Total 53 Featured) -
- Siemens AG
- TEBA Transformer Industrial Group
- Toshiba Corporation
- Trench Austria GmbH
- Zaporozhtransformator PrJSC
- ABB Group
- Crompton Greaves Ltd.
- Fuji Electric Co., Ltd.
- General Electric Company
- Hilkar
- Mitsubishi Electric Corporation
- Nissin Electric Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Siemens AG
- TEBA Transformer Industrial Group
- Toshiba Corporation
- Trench Austria GmbH
- Zaporozhtransformator PrJSC
- ABB Group
- Crompton Greaves Ltd.
- Fuji Electric Co., Ltd.
- General Electric Company
- Hilkar
- Mitsubishi Electric Corporation
- Nissin Electric Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 229 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 3.1 Billion |
Forecasted Market Value ( USD | $ 4.4 Billion |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |