Shunt Capacitor Market Size & Share, by Type (Low, Medium, High Voltage); Application (Utilities, Industries); System (Floor, Pole, Wall-Mounted) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4277
  • Published Date: Mar 03, 2023
  • Report Format: PDF, PPT

Companies Dominating the Shunt Capacitor Landscape

    • ABB Group
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Siemens Aktiengesellschaft
    • General Electric Company
    • Schneider Electric SE
    • Larsen & Toubro Limited
    • Eaton Corporation
    • Aerovox Business Management
    • Magnewin Energy Private Limited
    • Energe Capacitors Pvt Ltd

Browse Key Market Insights with Data Illustration:


In The News

  • ABB Group was selected to supply a high voltage direct current (HVDC) light valve, high voltage capacitors, and power semiconductor devices to China for its Zhangbei HVDC grid built in the area of Beijing-Tianjin-Hebei. This HVDC would help to control and transmit power flow between grids efficiently by supporting the voltage and frequency of weak grids.

  • GE (General Electric) declared the first solution developed after the acquisition of Opus One Solutions. ‘Opus One DERMS’ Solution (Distributed Energy Resource Management System) helps utilities to optimize the energy transition and help keep the electric grid safe, secure, and resilient.

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 4277
  • Published Date: Mar 03, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing need for distribution of energy, rapid urbanization, and increased demand for telecommunication are the major factors driving the growth of the shunt capacitor market.

The market is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023-2035.

More alternatives, unfavorable production during pandemic, and high-cost investments are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are ABB Group, Siemens Aktiengesellschaft, General Electric Company, Schneider Electric SE, Larsen & Toubro Limited, Eaton, Aerovox Business Management, Magnewin Energy Private Limited, CIRCUTOR, SAU, Energe Capacitors Pvt Ltd.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by voltage type, application, system and by region.

The industries segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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