Europe Shunt Capacitor Market Size & Outlook, 2025-2030
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Europe shunt capacitor market highlights
- The Europe shunt capacitor market generated a revenue of USD 241.1 million in 2024.
- The market is expected to grow at a CAGR of 5.5% from 2025 to 2030.
- In terms of segment, industrial was the largest revenue generating application in 2024.
- Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 241.1 million |
| Market revenue in 2030 | USD 331.2 million |
| Growth rate | 5.5% (CAGR from 2025 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Industrial |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial, Utility, Manufacturing |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.3% of the global shunt capacitor market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 128.7 million by 2030.
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Shunt Capacitor Market Scope
Shunt Capacitor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Energe | View profile | 11-50 | Mendoza, Mendoza, Argentina, South America | http://www.energe.com.ar/ |
| Circutor | View profile | - | Barcelona, Catalonia, Spain, Europe | http://www.circutor.com/ |
| Magnewin Energy | View profile | 11-50 | Sangli, Maharashtra, India, Asia | https://www.magnewin.com |
| Aerovox | View profile | 1001-5000 | New Bedford, Massachusetts, United States, North America | http://www.aerovox.com |
| ABB Ltd. | View profile | - | - | - |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| Larsen & Toubro Ltd DR | View profile | 330955 | Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 | https://www.larsentoubro.com |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Europe shunt capacitor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shunt capacitor market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 42.43% in 2024. Horizon Databook has segmented the Europe shunt capacitor market based on industrial, utility, manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
The shunt capacitors market in Europe is driven by the increasing focus on energy efficiency, grid stability, and the integration of renewable energy sources such as wind and solar power.
The European Union’s stringent regulations on power quality and carbon emissions encourage utilities and industries to adopt power factor correction solutions.
Furthermore, the modernization of aging electrical infrastructure, rising electrification of transportation, and investments in smart grid projects further boost demand for shunt capacitors across the region.
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Our clientele includes a mix of shunt capacitor market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe shunt capacitor market , including forecasts for subscribers. This continent databook contains high-level insights into Europe shunt capacitor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe shunt capacitor market size, by country, 2018-2030 (US$M)
Europe Shunt Capacitor Market Outlook Share, 2024 & 2030 (US$M)
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