Global Shunt Capacitor Market Trends 2022 | Segmentation, Outlook, Industry Report to 2028

Global sales of shunt capacitors are expected to grow at an average annual rate of about 8% over the forecast period 2022-2028. Shunt capacitors are electrical devices that improve the quality of the electrical supply and allow efficient operation of the power system.

These capacitors are mainly installed to provide capacitive reactivity compensation or power factor correction. The application of shunt capacitors is constantly increasing anywhere in the power network,mainly due to low cost, easy and fast installation and convenient virtual placement.

Scope of the Report

The research study analyzes the global Shunt Capacitor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Market Segmentation:

By Voltage

• Low
• Medium
• High

By End Use Industry

• Power Generation
• Renewable Energy
• Transmission and Distribution Utilities
• Transport & Infrastructure
• Industrial
• Others

Mentioned below are the prime players taken into account in this research report:

• ABB Ltd.
• General Electric Company
• Siemens AG
• Larsen & Toubro Ltd.
• Eaton Corporation Plc
• Magnewin Energy Pvt. Ltd.
• Globe Capacitors Ltd.
• Motif Electric Limited

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by Shunt Capacitor Market Report

1. What was the Shunt Capacitor Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Shunt Capacitor Market during the forecast period (2022-2028)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).

4. Which manufacturer/vendor/players in the Shunt Capacitor Market was the market leader in 2020?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.