The Market Reports

Synopsis
The global market for Dry Type Reactors was estimated to be worth US$ 3491 million in 2024 and is forecast to a readjusted size of US$ 6096 million by 2031 with a CAGR of 8.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Dry Type Reactors cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Reactors are important electrical equipment that play a role in compensating stray capacitive current, limiting closing inrush current, limiting short-circuit current, filtering, smoothing, starting, lightning protection, and wave blocking in power systems.
Dry Type Reactor is an electrical device used in power systems to manage and control the flow of electrical current, typically for limiting short-circuit currents, managing reactive power, and filtering harmonics. Unlike oil-immersed reactors, dry-type reactors use air for insulation and cooling, which enhances safety, reduces environmental risks, and minimizes maintenance.
The improvement of industrial automation level has put forward higher requirements for power quality. As a key device for improving power quality, the importance of reactors has become increasingly prominent. At the same time, the construction of smart grids requires a large number of high-performance reactors to support its complex power dispatching and management functions.

At the regional level, China is currently the largest market globally, accounting for 28.91% of the market share in 2023, followed by Europe and North America with 20.21% and 19.23% respectively. India is expected to experience rapid growth in the coming years, with a projected CAGR of approximately 10.49% during the period from 2024 to 2030.
In terms of product capacity, those above 2500 kVA hold a significant position, with their market share expected to reach 41% by 2030. Regarding product applications, the photovoltaic sector accounted for approximately 20.30% of the market in 2023 and is projected to grow at a CAGR of around 14.13% in the coming years.
This report aims to provide a comprehensive presentation of the global market for Dry Type Reactors, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Dry Type Reactors by region & country, by Type, and by Application.
The Dry Type Reactors market size, estimations, and forecasts are provided in terms of sales volume (Mvar) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Dry Type Reactors.
Market Segmentation
By Company
Hitachi Energy
GE Vernova
Trench Group
Hilkar
Phoenix Electric Corp.
SGB-SMIT
Coil Innovation
SVEL Group
ELHAND Transformatory
Hammond Power Solutions
Trafox
Beijing Power Equipment Group (BPEG)
TEBA
Shandong Hada Electric
Xi'an Zhongyang Electric
Sieyuan Electric
Herong Electric
Guilin Wuhuan Electric
Sunten Electric Equipment
Shandong Taikai Power Electronic
Hainan Jinpan Smart Technology
Tianjin Jingwei Zhengneng
Qingdao Yunlu
Shinenergy Technology
JQH
Niingxia Yinli Electric
Yingfeng
Hefei Ecriee-Tamura Electric
Dongguan Dazhong Electronic
Everpower Electric Industries
Jinpan Smart Technology
Xi 'an Zhongyang Electric
Zhiyue Group
GERLITZ
SanBian Sci-Tech
Suenn Liang Electric
HOWCORE
Segment by Type
Below 100 kVA
100 kVA-500 kVA
500 kVA-2500 kVA
Above 2500 kVA
Segment by Application
Photovoltaic
Wind Power
Energy Storage
UPS
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Dry Type Reactors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Dry Type Reactors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Dry Type Reactors in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index