Single Phase Shunt Reactor Market By Product Type (Air-Core Shunt Reactors, Iron-Core Shunt Reactors, Hybrid Shunt Reactors), By Application (Power Transmission Lines, Power Distribution Networks, Industrial Facilities, Renewable Energy Integration), By Voltage Rating (Low Voltage, Medium Voltage, High Voltage), By End-User (Utilities, Electrical Equipment Manufacturers, Industrial Plants, Energy Generation Companies), and By Region; Global Insights & Forecast (2023 – 2030)

As per Intent Market Research, the Single Phase Shunt Reactor Market was valued at USD 2.3 billion in 2024-e and will surpass USD 4.6 billion by 2030; growing at a CAGR of 11.7% during 2025 - 2030.

The single-phase shunt reactor market is experiencing notable growth as global power systems evolve to meet increasing energy demands and ensure grid stability. Shunt reactors play a crucial role in maintaining voltage levels across power transmission and distribution systems by compensating for capacitive effects and helping to balance reactive power. As the reliance on renewable energy sources and long-distance power transmission increases, the need for efficient voltage regulation systems like single-phase shunt reactors is becoming even more prominent. These reactors are essential in improving power quality, minimizing transmission losses, and enhancing the overall efficiency of electrical grids.

The market is also benefitting from the ongoing modernization of electrical infrastructure, with utilities focusing on upgrading and expanding their grid capabilities. Technological advancements, such as hybrid and air-core reactors, are improving the performance and adaptability of single-phase shunt reactors in various applications, including power transmission lines, industrial facilities, and renewable energy integration. As the global energy landscape shifts towards sustainable and renewable sources, the demand for these reactors is expected to continue rising, supporting grid reliability and optimizing power management systems.

Air-Core Shunt Reactors Are Largest Product Type Owing to High Efficiency

Air-core shunt reactors are the largest product type in the single-phase shunt reactor market, owing to their high efficiency and relatively low maintenance requirements. These reactors are typically used in high-voltage power transmission networks where the need to regulate voltage levels and manage reactive power is critical. Air-core reactors offer the advantage of being compact and having a simple design, which makes them cost-effective and reliable for a variety of applications. Their use is widespread in both overhead transmission lines and underground cables, providing stability and improving the overall performance of power systems.

The increasing demand for efficient power transmission across long distances, especially in regions with rapidly expanding energy needs, has driven the adoption of air-core reactors. Their ability to handle large amounts of reactive power without the need for extensive maintenance makes them the preferred choice for utilities and energy generation companies. As the power industry continues to focus on improving grid reliability and reducing transmission losses, air-core shunt reactors are expected to maintain a dominant position in the market.

Power Transmission Lines Are Leading Application Owing to Grid Expansion Needs

Power transmission lines are the leading application segment in the single-phase shunt reactor market, primarily due to the critical role they play in the long-distance transportation of electrical energy. As power grids expand and evolve to meet the needs of growing populations and industries, managing voltage levels across transmission lines is becoming increasingly important. Shunt reactors help mitigate the capacitive effects of long-distance transmission lines, which can cause voltage instability and lead to power losses. By stabilizing voltage levels, shunt reactors enhance the overall efficiency of power transmission systems and ensure the reliable delivery of electricity.

The growth of this segment is driven by the increasing need for robust transmission networks, particularly in emerging economies where power infrastructure is being developed rapidly. Additionally, the integration of renewable energy sources, which are often located far from demand centers, is pushing the need for more effective voltage regulation in power transmission systems. The demand for single-phase shunt reactors in power transmission lines is expected to grow as grids expand and the need for efficient, stable power delivery becomes more critical.

High Voltage is Leading Voltage Rating Owing to Grid Stability Requirements

High voltage is the leading voltage rating in the single-phase shunt reactor market, driven by the growing demand for stable and efficient transmission of electrical energy over long distances. High-voltage systems are essential for maintaining the stability of electrical grids, particularly in areas with vast geographical coverage. High-voltage transmission lines often face challenges related to reactive power and voltage regulation, making the role of shunt reactors indispensable for ensuring efficient power delivery and preventing voltage collapse.

The high-voltage segment is also benefiting from the expansion of transmission networks to accommodate renewable energy integration, which often requires long-distance transmission of power from remote generation sites to urban areas. As countries continue to build and modernize their power grids, high-voltage systems will remain a focal point for shunt reactor applications, ensuring the continued stability and efficiency of electrical networks.

Utilities Are Leading End-User Owing to Grid Expansion and Maintenance Needs

Utilities are the leading end-user segment in the single-phase shunt reactor market, owing to their critical role in maintaining and expanding power grid infrastructure. Utilities are responsible for ensuring the reliable delivery of electricity to end-users, and this includes managing voltage levels and reactive power in transmission and distribution systems. Shunt reactors are an essential tool for utilities to maintain grid stability, especially as grids become more complex and incorporate renewable energy sources that introduce variability into power generation.

The demand for single-phase shunt reactors from utilities is being driven by the ongoing need to upgrade and expand grid infrastructure, as well as the increasing focus on improving power quality and reliability. With the growth of urban areas and the need for more efficient energy distribution, utilities are adopting advanced power management solutions, including shunt reactors, to address voltage regulation challenges and support grid resilience.

Asia Pacific Is Fastest Growing Region Owing to Expanding Power Infrastructure

Asia Pacific is the fastest growing region in the single-phase shunt reactor market, driven by the rapid expansion of power infrastructure and the increasing demand for electricity in emerging economies. Countries like China, India, and other Southeast Asian nations are heavily investing in the development and modernization of their power grids to accommodate growing urban populations and industrial activities. As these countries work to strengthen their energy infrastructure and integrate renewable energy sources, the demand for voltage regulation solutions such as single-phase shunt reactors is rising.

In addition to grid expansion, the Asia Pacific region is also seeing a significant shift towards cleaner energy solutions, which require more sophisticated power management systems. The need for efficient power transmission, coupled with the integration of renewable energy, is driving the adoption of shunt reactors to maintain grid stability and improve energy efficiency. As these trends continue, Asia Pacific is expected to remain a key region for the growth of the single-phase shunt reactor market.

Leading Companies and Competitive Landscape

The single-phase shunt reactor market is competitive, with leading companies such as ABB Ltd., Siemens AG, and Schneider Electric driving innovation and technological advancements. These companies are major players in the design and manufacturing of shunt reactors and other power management solutions, offering a wide range of products tailored to meet the needs of utilities, energy generation companies, and industrial plants. Their expertise in high-voltage systems, as well as their strong focus on renewable energy integration, positions them well for future market growth.

The competitive landscape is also characterized by the presence of regional players and smaller companies focusing on niche applications, such as hybrid and iron-core shunt reactors. As the market continues to evolve, partnerships between technology providers and utilities, as well as the ongoing development of more efficient and adaptable reactor technologies, will play a key role in shaping the future of the industry.

List of Leading Companies:

• ABB Ltd.
• Siemens AG
• Schneider Electric
• General Electric
• Mitsubishi Electric
• Alstom Grid
• Eaton Corporation
• Toshiba Corporation
• BHEL (Bharat Heavy Electricals Limited)
• Crompton Greaves
• Schneider Electric
• Hitachi Ltd.
• Hyundai Electric & Energy Systems Co., Ltd.
• Nissin Electric Co., Ltd.
• Mitsubishi Heavy Industries, Ltd.

Recent Developments:

• In January 2025, Siemens AG launched a new range of hybrid shunt reactors for high-voltage applications.
• In December 2024, ABB Ltd. completed a major contract for the supply of air-core shunt reactors for a large power transmission network.
• In November 2024, General Electric introduced an advanced reactive power compensation solution using single-phase shunt reactors.
• In October 2024, Mitsubishi Electric announced its collaboration with renewable energy firms to integrate shunt reactors into solar power systems.
• In September 2024, Schneider Electric upgraded its medium-voltage single-phase shunt reactor line to improve energy efficiency.

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