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Global Magnetically Controlled Shunt Reactors Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Magnetically Controlled Shunt Reactors Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 High Voltage
    • 1.3.3 Ultra High Voltage
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Magnetically Controlled Shunt Reactors Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Coal & Chemicals
    • 1.4.3 Wind Farm
    • 1.4.4 Power Substation
    • 1.4.5 Special Industrial Users
    • 1.4.6 Others
  • 1.5 Global Magnetically Controlled Shunt Reactors Market Size & Forecast
    • 1.5.1 Global Magnetically Controlled Shunt Reactors Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Magnetically Controlled Shunt Reactors Sales Quantity (2020-2031)
    • 1.5.3 Global Magnetically Controlled Shunt Reactors Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Siemens
    • 2.1.1 Siemens Details
    • 2.1.2 Siemens Major Business
    • 2.1.3 Siemens Magnetically Controlled Shunt Reactors Product and Services
    • 2.1.4 Siemens Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Siemens Recent Developments/Updates
  • 2.2 Hitachi
    • 2.2.1 Hitachi Details
    • 2.2.2 Hitachi Major Business
    • 2.2.3 Hitachi Magnetically Controlled Shunt Reactors Product and Services
    • 2.2.4 Hitachi Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Hitachi Recent Developments/Updates
  • 2.3 ABB
    • 2.3.1 ABB Details
    • 2.3.2 ABB Major Business
    • 2.3.3 ABB Magnetically Controlled Shunt Reactors Product and Services
    • 2.3.4 ABB Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 ABB Recent Developments/Updates
  • 2.4 Crompton
    • 2.4.1 Crompton Details
    • 2.4.2 Crompton Major Business
    • 2.4.3 Crompton Magnetically Controlled Shunt Reactors Product and Services
    • 2.4.4 Crompton Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Crompton Recent Developments/Updates
  • 2.5 Faramax
    • 2.5.1 Faramax Details
    • 2.5.2 Faramax Major Business
    • 2.5.3 Faramax Magnetically Controlled Shunt Reactors Product and Services
    • 2.5.4 Faramax Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Faramax Recent Developments/Updates
  • 2.6 Coil Innovation
    • 2.6.1 Coil Innovation Details
    • 2.6.2 Coil Innovation Major Business
    • 2.6.3 Coil Innovation Magnetically Controlled Shunt Reactors Product and Services
    • 2.6.4 Coil Innovation Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Coil Innovation Recent Developments/Updates
  • 2.7 General Electric
    • 2.7.1 General Electric Details
    • 2.7.2 General Electric Major Business
    • 2.7.3 General Electric Magnetically Controlled Shunt Reactors Product and Services
    • 2.7.4 General Electric Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 General Electric Recent Developments/Updates
  • 2.8 Zaporozhtransformator
    • 2.8.1 Zaporozhtransformator Details
    • 2.8.2 Zaporozhtransformator Major Business
    • 2.8.3 Zaporozhtransformator Magnetically Controlled Shunt Reactors Product and Services
    • 2.8.4 Zaporozhtransformator Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Zaporozhtransformator Recent Developments/Updates
  • 2.9 Toshiba
    • 2.9.1 Toshiba Details
    • 2.9.2 Toshiba Major Business
    • 2.9.3 Toshiba Magnetically Controlled Shunt Reactors Product and Services
    • 2.9.4 Toshiba Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Toshiba Recent Developments/Updates
  • 2.10 Mitsubishi
    • 2.10.1 Mitsubishi Details
    • 2.10.2 Mitsubishi Major Business
    • 2.10.3 Mitsubishi Magnetically Controlled Shunt Reactors Product and Services
    • 2.10.4 Mitsubishi Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Mitsubishi Recent Developments/Updates
  • 2.11 Nissin Electric
    • 2.11.1 Nissin Electric Details
    • 2.11.2 Nissin Electric Major Business
    • 2.11.3 Nissin Electric Magnetically Controlled Shunt Reactors Product and Services
    • 2.11.4 Nissin Electric Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Nissin Electric Recent Developments/Updates
  • 2.12 Fuji Electronic
    • 2.12.1 Fuji Electronic Details
    • 2.12.2 Fuji Electronic Major Business
    • 2.12.3 Fuji Electronic Magnetically Controlled Shunt Reactors Product and Services
    • 2.12.4 Fuji Electronic Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Fuji Electronic Recent Developments/Updates
  • 2.13 Hyosung
    • 2.13.1 Hyosung Details
    • 2.13.2 Hyosung Major Business
    • 2.13.3 Hyosung Magnetically Controlled Shunt Reactors Product and Services
    • 2.13.4 Hyosung Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Hyosung Recent Developments/Updates
  • 2.14 TBEA
    • 2.14.1 TBEA Details
    • 2.14.2 TBEA Major Business
    • 2.14.3 TBEA Magnetically Controlled Shunt Reactors Product and Services
    • 2.14.4 TBEA Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 TBEA Recent Developments/Updates
  • 2.15 Hilkar
    • 2.15.1 Hilkar Details
    • 2.15.2 Hilkar Major Business
    • 2.15.3 Hilkar Magnetically Controlled Shunt Reactors Product and Services
    • 2.15.4 Hilkar Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Hilkar Recent Developments/Updates
  • 2.16 Beijing Power Equipment Group
    • 2.16.1 Beijing Power Equipment Group Details
    • 2.16.2 Beijing Power Equipment Group Major Business
    • 2.16.3 Beijing Power Equipment Group Magnetically Controlled Shunt Reactors Product and Services
    • 2.16.4 Beijing Power Equipment Group Magnetically Controlled Shunt Reactors Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Beijing Power Equipment Group Recent Developments/Updates

3 Competitive Environment: Magnetically Controlled Shunt Reactors by Manufacturer

  • 3.1 Global Magnetically Controlled Shunt Reactors Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Magnetically Controlled Shunt Reactors Revenue by Manufacturer (2020-2025)
  • 3.3 Global Magnetically Controlled Shunt Reactors Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Magnetically Controlled Shunt Reactors by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Magnetically Controlled Shunt Reactors Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Magnetically Controlled Shunt Reactors Manufacturer Market Share in 2024
  • 3.5 Magnetically Controlled Shunt Reactors Market: Overall Company Footprint Analysis
    • 3.5.1 Magnetically Controlled Shunt Reactors Market: Region Footprint
    • 3.5.2 Magnetically Controlled Shunt Reactors Market: Company Product Type Footprint
    • 3.5.3 Magnetically Controlled Shunt Reactors Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Magnetically Controlled Shunt Reactors Market Size by Region
    • 4.1.1 Global Magnetically Controlled Shunt Reactors Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Magnetically Controlled Shunt Reactors Consumption Value by Region (2020-2031)
    • 4.1.3 Global Magnetically Controlled Shunt Reactors Average Price by Region (2020-2031)
  • 4.2 North America Magnetically Controlled Shunt Reactors Consumption Value (2020-2031)
  • 4.3 Europe Magnetically Controlled Shunt Reactors Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Magnetically Controlled Shunt Reactors Consumption Value (2020-2031)
  • 4.5 South America Magnetically Controlled Shunt Reactors Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Magnetically Controlled Shunt Reactors Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Magnetically Controlled Shunt Reactors Sales Quantity by Type (2020-2031)
  • 5.2 Global Magnetically Controlled Shunt Reactors Consumption Value by Type (2020-2031)
  • 5.3 Global Magnetically Controlled Shunt Reactors Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Magnetically Controlled Shunt Reactors Sales Quantity by Application (2020-2031)
  • 6.2 Global Magnetically Controlled Shunt Reactors Consumption Value by Application (2020-2031)
  • 6.3 Global Magnetically Controlled Shunt Reactors Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Magnetically Controlled Shunt Reactors Sales Quantity by Type (2020-2031)
  • 7.2 North America Magnetically Controlled Shunt Reactors Sales Quantity by Application (2020-2031)
  • 7.3 North America Magnetically Controlled Shunt Reactors Market Size by Country
    • 7.3.1 North America Magnetically Controlled Shunt Reactors Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Magnetically Controlled Shunt Reactors Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Magnetically Controlled Shunt Reactors Sales Quantity by Type (2020-2031)
  • 8.2 Europe Magnetically Controlled Shunt Reactors Sales Quantity by Application (2020-2031)
  • 8.3 Europe Magnetically Controlled Shunt Reactors Market Size by Country
    • 8.3.1 Europe Magnetically Controlled Shunt Reactors Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Magnetically Controlled Shunt Reactors Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Magnetically Controlled Shunt Reactors Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Magnetically Controlled Shunt Reactors Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Magnetically Controlled Shunt Reactors Market Size by Region
    • 9.3.1 Asia-Pacific Magnetically Controlled Shunt Reactors Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Magnetically Controlled Shunt Reactors Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Magnetically Controlled Shunt Reactors Sales Quantity by Type (2020-2031)
  • 10.2 South America Magnetically Controlled Shunt Reactors Sales Quantity by Application (2020-2031)
  • 10.3 South America Magnetically Controlled Shunt Reactors Market Size by Country
    • 10.3.1 South America Magnetically Controlled Shunt Reactors Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Magnetically Controlled Shunt Reactors Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Magnetically Controlled Shunt Reactors Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Magnetically Controlled Shunt Reactors Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Magnetically Controlled Shunt Reactors Market Size by Country
    • 11.3.1 Middle East & Africa Magnetically Controlled Shunt Reactors Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Magnetically Controlled Shunt Reactors Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Magnetically Controlled Shunt Reactors Market Drivers
  • 12.2 Magnetically Controlled Shunt Reactors Market Restraints
  • 12.3 Magnetically Controlled Shunt Reactors Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Magnetically Controlled Shunt Reactors and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Magnetically Controlled Shunt Reactors
  • 13.3 Magnetically Controlled Shunt Reactors Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Magnetically Controlled Shunt Reactors Typical Distributors
  • 14.3 Magnetically Controlled Shunt Reactors Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    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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