Lucintel Forecasts the Global Air Core Single Phase Shunt Reactor Market to Grow with a CAGR of 7.1% from 2025 to 2031
Lucintel Forecasts the Global Air Core Single Phase Shunt Reactor Market to Grow with a CAGR of 7.1% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global air core single phase shunt reactor market looks promising with opportunities in the utility, industrial, and commercial markets. The global air core single phase shunt reactor market is expected to grow with a CAGR of 7.1% from 2025 to 2031. The major drivers for this market are increasing power demand, rising industrialization, and growing renewable energy installations.
A more than 150-page report to understand trends, opportunity and forecast in global air core single phase shunt reactor market to 2031 by type (low voltage reactors, medium voltage reactors, and high voltage reactors), application (utilities, industrial, and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, medium voltage reactor is expected to witness the highest growth over the forecast period.
Within the application category, industrial is expected to witness the highest growth.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to rapid industrial expansion in this region.
Siemens, ABB, General Electric, Schneider Electric, Mitsubishi Electric, Toshiba, Crompton Greaves, Nissin Electric, Fuji Electric, Hyosung Heavy Industries are the major suppliers in the air core single phase shunt reactor market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056