Shunt Capacitor Market - Top Companies and Manufacturers

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

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Shunt Capacitor Market Size & Share, Forecast Report 2036

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.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of shunt capacitor is assessed at USD 1.03 Billion.

The shunt capacitor market size was over USD 963 Million in 2023 and is likely to reach USD 2.32 Billion by the end of 2036, growing at around 7% CAGR during the forecast period i.e., between 2024-2036. Growing need for distribution of energy, rapid urbanization, and increased demand for telecommunication are the major factors driving the growth of the market.

North America is poised to hold largest industry share by 2036, due to increase in industrial and manufacturing units backed by increased railways, metros, high-speed trains, IT hubs, and commercial centers in developing countries.

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

Shunt Capacitor Market - Top Companies and Manufacturers

Companies Dominating the Shunt Capacitor Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the shunt capacitor market?

What are the factors driving the shunt capacitor landscape?

Which region held the largest shunt capacitor industry share?

Who are the key players in the shunt capacitor sector?