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
- CIRCUTOR, SAU
- Energe Capacitors Pvt Ltd
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of shunt capacitor is evaluated at USD 1.15 billion.
The shunt capacitor market size was over USD 1.03 billion in 2024 and is poised to exceed USD 2.51 billion by 2037, growing at over 7.1% CAGR during the forecast period i.e., between 2025-2037. Growing need for distribution of energy, rapid urbanization, and increased demand for telecommunication will boost the market growth.
North America industry is set to dominate majority revenue share by 2037, due to increase in industrial and manufacturing units backed by increased railways, metros, high-speed trains, IT hubs, and commercial centers in developing countries.
The major players in the market are ABB Group, Siemens Aktiengesellschaft, General Electric Company, Schneider Electric SE, Larsen & Toubro Limited, Eaton Corporation, Aerovox Business Management, Magnewin Energy Private Limited, CIRCUTOR, SAU, Energe Capacitors Pvt Ltd