Global Shunt Capacitor Market Growth 2023-2029

Global Shunt Capacitor Market Growth 2023-2029

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 2022, providing a comprehensive analysis by region and market sector of projected Shunt Capacitor sales for 2023 through 2029. 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 2022 to US$ 828.8 million in 2029; it is expected to grow at a CAGR of 828.8 from 2023 to 2029.

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?

Please note: The report will take approximately 2 business days to prepare and deliver.