Global Shunt Reactor Circuit Market Size & Outlook

The shunt reactor circuit industry worldwide is expected to reach a projected revenue of US$ 3,939.0 million by 2030. A compound annual growth rate of 6.6% is expected of the worldwide shunt reactor circuit industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,523.4
Forecast, 2030 (US$M)
$3,939.0
CAGR, 2024 - 2030
6.6%
Report Coverage
Worldwide

Global shunt reactor circuit market, 2018-2030 (US$M)

Global shunt reactor circuit market highlights

  • The global shunt reactor circuit market generated a revenue of USD 2,523.4 million in 2023 and is expected to reach USD 3,939.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.6% by 2030.
  • In terms of segment, oil-immersed accounted for a revenue of USD 2,523.4 million in 2023.
  • Oil-Immersed is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 2,523.4 million
Market revenue in 2030USD 3,939.0 million
Growth rate6.6% (CAGR from 2023 to 2030)
Largest segmentOil-immersed
Fastest growing segmentOil-Immersed
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOil-Immersed

Other key industry trends

  • In terms of revenue, the North America accounted for 28.4% of the global shunt reactor circuit market in 2023.

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Shunt Reactor Circuit Market Scope

Shunt reactor circuit market segmentation & scope

Shunt Reactor Circuit Market Companies

Name Profile # Employees HQ Website

Global shunt reactor circuit market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shunt reactor circuit market will help companies and investors design strategic landscapes.


Oil-immersed was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global shunt reactor circuit market based on oil-immersed covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Shunt Reactor Circuit Type Outlook (Revenue, USD Million, 2018-2030)
    • Oil-Immersed
    • Air-Core
  • Global Shunt Reactor Circuit Application Outlook (Revenue, USD Million, 2018-2030)
    • Variable
    • Fixed
  • Global Shunt Reactor Circuit End Use Outlook (Revenue, USD Million, 2018-2030)
    • Electric Utilities
    • Industrial Vertical

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Horizon Databook provides a detailed overview of global-level data and insights on the Global shunt reactor circuit market , including forecasts for subscribers. This global databook contains high-level insights into Global shunt reactor circuit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global shunt reactor circuit market size, by regions, 2018-2030 (US$M)

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