Abstract
Summary
Shunt capacitor are primarily used to improve the power factor in the network. They also improve the voltage stability and reduce network losses. Improving the power factor also means a higher power transmission capability and increased control of the power flow.
LPI (LP Information)' newest research report, the “Shunt Capacitor Industry Forecast” looks at past sales and reviews total world Shunt Capacitor sales in 2024, providing a comprehensive analysis by region and market sector of projected Shunt Capacitor sales for 2025 through 2031. With Shunt Capacitor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shunt Capacitor industry.
This Insight Report provides a comprehensive analysis of the global Shunt Capacitor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shunt Capacitor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shunt Capacitor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shunt Capacitor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shunt Capacitor.
The global Shunt Capacitor market size is projected to grow from US$ 631.8 million in 2024 to US$ 828.8 million in 2031; it is expected to grow at a CAGR of 828.8 from 2025 to 2031.
Asia-Pacific region accounted for the largest market share of 40% in 2017 and is projected to grow at the highest CAGR of 7.04% during the forecast period. There is an increasing demand for energy because of the growing population and improvement in the lifestyle in the region. China is the world’s largest market for the power transmission & distribution.
This report presents a comprehensive overview, market shares, and growth opportunities of Shunt Capacitor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Voltage
Medium Voltage
High Voltage
Segmentation by application
Utilities
Industries
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB Ltd. (US)
Schneider Electric (France)
General Electric Company (US)
Siemens AG (Germany)
Larsen & Toubro Ltd (India)
Eaton Corporation Plc (Ireland)
Aerovox Corp. (US)
Magnewin Energy Private Limited (India)
CIRCUTOR, SA (Spain)
Energe Capacitors Pvt Ltd (India)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shunt Capacitor market?
What factors are driving Shunt Capacitor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shunt Capacitor market opportunities vary by end market size?
How does Shunt Capacitor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
LPI (LP Information)' newest research report, the “Shunt Capacitor Industry Forecast” looks at past sales and reviews total world Shunt Capacitor sales in 2024, providing a comprehensive analysis by region and market sector of projected Shunt Capacitor sales for 2025 through 2031. With Shunt Capacitor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shunt Capacitor industry.
This Insight Report provides a comprehensive analysis of the global Shunt Capacitor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Shunt Capacitor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shunt Capacitor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shunt Capacitor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Shunt Capacitor.
The global Shunt Capacitor market size is projected to grow from US$ 631.8 million in 2024 to US$ 828.8 million in 2031; it is expected to grow at a CAGR of 828.8 from 2025 to 2031.
Asia-Pacific region accounted for the largest market share of 40% in 2017 and is projected to grow at the highest CAGR of 7.04% during the forecast period. There is an increasing demand for energy because of the growing population and improvement in the lifestyle in the region. China is the world’s largest market for the power transmission & distribution.
This report presents a comprehensive overview, market shares, and growth opportunities of Shunt Capacitor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Low Voltage
Medium Voltage
High Voltage
Segmentation by application
Utilities
Industries
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB Ltd. (US)
Schneider Electric (France)
General Electric Company (US)
Siemens AG (Germany)
Larsen & Toubro Ltd (India)
Eaton Corporation Plc (Ireland)
Aerovox Corp. (US)
Magnewin Energy Private Limited (India)
CIRCUTOR, SA (Spain)
Energe Capacitors Pvt Ltd (India)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shunt Capacitor market?
What factors are driving Shunt Capacitor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shunt Capacitor market opportunities vary by end market size?
How does Shunt Capacitor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Shunt Capacitor Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Shunt Capacitor by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Shunt Capacitor by Country/Region, 2020, 2024 & 2031
2.2 Shunt Capacitor Segment by Type
2.2.1 Low Voltage
2.2.2 Medium Voltage
2.2.3 High Voltage
2.3 Shunt Capacitor Sales by Type
2.3.1 Global Shunt Capacitor Sales Market Share by Type (2020-2025)
2.3.2 Global Shunt Capacitor Revenue and Market Share by Type (2020-2025)
2.3.3 Global Shunt Capacitor Sale Price by Type (2020-2025)
2.4 Shunt Capacitor Segment by Application
2.4.1 Utilities
2.4.2 Industries
2.4.3 Others
2.5 Shunt Capacitor Sales by Application
2.5.1 Global Shunt Capacitor Sale Market Share by Application (2020-2025)
2.5.2 Global Shunt Capacitor Revenue and Market Share by Application (2020-2025)
2.5.3 Global Shunt Capacitor Sale Price by Application (2020-2025)
3 Global Shunt Capacitor by Company
3.1 Global Shunt Capacitor Breakdown Data by Company
3.1.1 Global Shunt Capacitor Annual Sales by Company (2020-2025)
3.1.2 Global Shunt Capacitor Sales Market Share by Company (2020-2025)
3.2 Global Shunt Capacitor Annual Revenue by Company (2020-2025)
3.2.1 Global Shunt Capacitor Revenue by Company (2020-2025)
3.2.2 Global Shunt Capacitor Revenue Market Share by Company (2020-2025)
3.3 Global Shunt Capacitor Sale Price by Company
3.4 Key Manufacturers Shunt Capacitor Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Shunt Capacitor Product Location Distribution
3.4.2 Players Shunt Capacitor Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2025)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Shunt Capacitor by Geographic Region
4.1 World Historic Shunt Capacitor Market Size by Geographic Region (2020-2025)
4.1.1 Global Shunt Capacitor Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Shunt Capacitor Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Shunt Capacitor Market Size by Country/Region (2020-2025)
4.2.1 Global Shunt Capacitor Annual Sales by Country/Region (2020-2025)
4.2.2 Global Shunt Capacitor Annual Revenue by Country/Region (2020-2025)
4.3 Americas Shunt Capacitor Sales Growth
4.4 APAC Shunt Capacitor Sales Growth
4.5 Europe Shunt Capacitor Sales Growth
4.6 Middle East & Africa Shunt Capacitor Sales Growth
5 Americas
5.1 Americas Shunt Capacitor Sales by Country
5.1.1 Americas Shunt Capacitor Sales by Country (2020-2025)
5.1.2 Americas Shunt Capacitor Revenue by Country (2020-2025)
5.2 Americas Shunt Capacitor Sales by Type
5.3 Americas Shunt Capacitor Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Shunt Capacitor Sales by Region
6.1.1 APAC Shunt Capacitor Sales by Region (2020-2025)
6.1.2 APAC Shunt Capacitor Revenue by Region (2020-2025)
6.2 APAC Shunt Capacitor Sales by Type
6.3 APAC Shunt Capacitor Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Shunt Capacitor by Country
7.1.1 Europe Shunt Capacitor Sales by Country (2020-2025)
7.1.2 Europe Shunt Capacitor Revenue by Country (2020-2025)
7.2 Europe Shunt Capacitor Sales by Type
7.3 Europe Shunt Capacitor Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Shunt Capacitor by Country
8.1.1 Middle East & Africa Shunt Capacitor Sales by Country (2020-2025)
8.1.2 Middle East & Africa Shunt Capacitor Revenue by Country (2020-2025)
8.2 Middle East & Africa Shunt Capacitor Sales by Type
8.3 Middle East & Africa Shunt Capacitor Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Shunt Capacitor
10.3 Manufacturing Process Analysis of Shunt Capacitor
10.4 Industry Chain Structure of Shunt Capacitor
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Shunt Capacitor Distributors
11.3 Shunt Capacitor Customer
12 World Forecast Review for Shunt Capacitor by Geographic Region
12.1 Global Shunt Capacitor Market Size Forecast by Region
12.1.1 Global Shunt Capacitor Forecast by Region (2026-2031)
12.1.2 Global Shunt Capacitor Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Shunt Capacitor Forecast by Type
12.7 Global Shunt Capacitor Forecast by Application
13 Key Players Analysis
13.1 ABB Ltd. (US)
13.1.1 ABB Ltd. (US) Company Information
13.1.2 ABB Ltd. (US) Shunt Capacitor Product Portfolios and Specifications
13.1.3 ABB Ltd. (US) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 ABB Ltd. (US) Main Business Overview
13.1.5 ABB Ltd. (US) Latest Developments
13.2 Schneider Electric (France)
13.2.1 Schneider Electric (France) Company Information
13.2.2 Schneider Electric (France) Shunt Capacitor Product Portfolios and Specifications
13.2.3 Schneider Electric (France) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Schneider Electric (France) Main Business Overview
13.2.5 Schneider Electric (France) Latest Developments
13.3 General Electric Company (US)
13.3.1 General Electric Company (US) Company Information
13.3.2 General Electric Company (US) Shunt Capacitor Product Portfolios and Specifications
13.3.3 General Electric Company (US) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 General Electric Company (US) Main Business Overview
13.3.5 General Electric Company (US) Latest Developments
13.4 Siemens AG (Germany)
13.4.1 Siemens AG (Germany) Company Information
13.4.2 Siemens AG (Germany) Shunt Capacitor Product Portfolios and Specifications
13.4.3 Siemens AG (Germany) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Siemens AG (Germany) Main Business Overview
13.4.5 Siemens AG (Germany) Latest Developments
13.5 Larsen & Toubro Ltd (India)
13.5.1 Larsen & Toubro Ltd (India) Company Information
13.5.2 Larsen & Toubro Ltd (India) Shunt Capacitor Product Portfolios and Specifications
13.5.3 Larsen & Toubro Ltd (India) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Larsen & Toubro Ltd (India) Main Business Overview
13.5.5 Larsen & Toubro Ltd (India) Latest Developments
13.6 Eaton Corporation Plc (Ireland)
13.6.1 Eaton Corporation Plc (Ireland) Company Information
13.6.2 Eaton Corporation Plc (Ireland) Shunt Capacitor Product Portfolios and Specifications
13.6.3 Eaton Corporation Plc (Ireland) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Eaton Corporation Plc (Ireland) Main Business Overview
13.6.5 Eaton Corporation Plc (Ireland) Latest Developments
13.7 Aerovox Corp. (US)
13.7.1 Aerovox Corp. (US) Company Information
13.7.2 Aerovox Corp. (US) Shunt Capacitor Product Portfolios and Specifications
13.7.3 Aerovox Corp. (US) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Aerovox Corp. (US) Main Business Overview
13.7.5 Aerovox Corp. (US) Latest Developments
13.8 Magnewin Energy Private Limited (India)
13.8.1 Magnewin Energy Private Limited (India) Company Information
13.8.2 Magnewin Energy Private Limited (India) Shunt Capacitor Product Portfolios and Specifications
13.8.3 Magnewin Energy Private Limited (India) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Magnewin Energy Private Limited (India) Main Business Overview
13.8.5 Magnewin Energy Private Limited (India) Latest Developments
13.9 CIRCUTOR, SA (Spain)
13.9.1 CIRCUTOR, SA (Spain) Company Information
13.9.2 CIRCUTOR, SA (Spain) Shunt Capacitor Product Portfolios and Specifications
13.9.3 CIRCUTOR, SA (Spain) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 CIRCUTOR, SA (Spain) Main Business Overview
13.9.5 CIRCUTOR, SA (Spain) Latest Developments
13.10 Energe Capacitors Pvt Ltd (India)
13.10.1 Energe Capacitors Pvt Ltd (India) Company Information
13.10.2 Energe Capacitors Pvt Ltd (India) Shunt Capacitor Product Portfolios and Specifications
13.10.3 Energe Capacitors Pvt Ltd (India) Shunt Capacitor Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Energe Capacitors Pvt Ltd (India) Main Business Overview
13.10.5 Energe Capacitors Pvt Ltd (India) Latest Developments
14 Research Findings and Conclusion