Request SampleGlobal Shunt Capacitor Market Insights and Forecast to 2027
SKU ID : QYR-18086351 | Publishing Date : 23-Apr-2021 | No. of pages : 119
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.
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.
Market Analysis and Insights: Global Shunt Capacitor Market
The global Shunt Capacitor market is valued at US$ 645.8 million in 2019. The market size will reach US$ 841.6 million by the end of 2026, growing at a CAGR of 3.8% during 2021-2026.
Global Shunt Capacitor Scope and Segment
Shunt Capacitor market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Shunt Capacitor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Low Voltage
Medium Voltage
High Voltage
Segment by Application
Utilities
Industries
Others
By Company
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)
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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.
Market Analysis and Insights: Global Shunt Capacitor Market
The global Shunt Capacitor market is valued at US$ 645.8 million in 2019. The market size will reach US$ 841.6 million by the end of 2026, growing at a CAGR of 3.8% during 2021-2026.
Global Shunt Capacitor Scope and Segment
Shunt Capacitor market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Shunt Capacitor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Low Voltage
Medium Voltage
High Voltage
Segment by Application
Utilities
Industries
Others
By Company
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)
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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