
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.
Âé¶¹Ô´´ 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.
Âé¶¹Ô´´ segment by Type
High Voltage
Ultra High Voltage
Âé¶¹Ô´´ 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
Âé¶¹Ô´´ 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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1 Âé¶¹Ô´´ Overview
1.1 Product Overview and Scope
1.2 Âé¶¹Ô´´ Estimation Caveats and Base Year
1.3 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ Share Analysis (2024)
3.4.1 Producer Shipments of Magnetically Controlled Shunt Reactors by Manufacturer Revenue ($MM) and Âé¶¹Ô´´ Share (%): 2024
3.4.2 Top 3 Magnetically Controlled Shunt Reactors Manufacturer Âé¶¹Ô´´ Share in 2024
3.4.3 Top 6 Magnetically Controlled Shunt Reactors Manufacturer Âé¶¹Ô´´ Share in 2024
3.5 Magnetically Controlled Shunt Reactors Âé¶¹Ô´´: Overall Company Footprint Analysis
3.5.1 Magnetically Controlled Shunt Reactors Âé¶¹Ô´´: Region Footprint
3.5.2 Magnetically Controlled Shunt Reactors Âé¶¹Ô´´: Company Product Type Footprint
3.5.3 Magnetically Controlled Shunt Reactors Âé¶¹Ô´´: Company Product Application Footprint
3.6 New Âé¶¹Ô´´ Entrants and Barriers to Âé¶¹Ô´´ Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Magnetically Controlled Shunt Reactors Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.4 Canada Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.5 Mexico Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.4 France Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.5 United Kingdom Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.6 Russia Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.7 Italy Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.4 Japan Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.5 South Korea Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.6 India Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.7 Southeast Asia Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.8 Australia Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ Size and Forecast (2020-2031)
10.3.4 Argentina Âé¶¹Ô´´ 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 Âé¶¹Ô´´ 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 Âé¶¹Ô´´ Size and Forecast (2020-2031)
11.3.4 Egypt Âé¶¹Ô´´ Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Âé¶¹Ô´´ Size and Forecast (2020-2031)
11.3.6 South Africa Âé¶¹Ô´´ Size and Forecast (2020-2031)
12 Âé¶¹Ô´´ Dynamics
12.1 Magnetically Controlled Shunt Reactors Âé¶¹Ô´´ Drivers
12.2 Magnetically Controlled Shunt Reactors Âé¶¹Ô´´ 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
16.3 Disclaimer
Siemens
Hitachi
ABB
Crompton
Faramax
Coil Innovation
General Electric
Zaporozhtransformator
Toshiba
Mitsubishi
Nissin Electric
Fuji Electronic
Hyosung
TBEA
Hilkar
Beijing Power Equipment Group
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*If Applicable.
