U.S. Shunt Capacitor Market Size & Outlook, 2025-2030
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U.S. shunt capacitor market highlights
- The U.S. shunt capacitor market generated a revenue of USD 183.6 million in 2024 and is expected to reach USD 243.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.9% 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.
Shunt capacitor market data book summary
| Market revenue in 2024 | USD 183.6 million |
| Market revenue in 2030 | USD 243.0 million |
| Growth rate | 4.9% (CAGR from 2025 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Industrial |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial, Utility, Manufacturing |
Other key industry trends
- In terms of revenue, U.S. accounted for 17.0% of the global shunt capacitor market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. shunt capacitor market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 4.7 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 |
U.S. 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 36.49% in 2024. Horizon Databook has segmented the U.S. shunt capacitor market based on industrial, utility, manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. shunt capacitors market is driven by the growing demand for grid reliability, energy efficiency, and power factor correction amid rising electricity consumption. Aging power infrastructure and the need for modernization, including smart grids and high-voltage transmission systems, are accelerating capacitor deployment.
Moreover, the increasing integration of renewable energy sources, such as wind and solar, necessitates voltage regulation and reactive power compensation, further boosting demand. Supportive government policies, investments in grid resilience, and the push for industrial energy optimization also contribute to market growth.
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Target buyers of U.S. shunt capacitor market databook
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Our clientele includes a mix of shunt capacitor market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. shunt capacitor market , including forecasts for subscribers. This country databook contains high-level insights into U.S. shunt capacitor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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US Voltage Rating - Shunt Capacitor Market size, 2024 - 2030 (US$M)
U.S. Shunt Capacitor Market Outlook Share, 2024 & 2030 (US$M)
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