Global Capacitor Banks Market Size & Outlook, 2025-2030
The global capacitor banks market size was estimated at USD 4,838.6 million in 2024 and is projected to reach USD 6,434.4 million by 2030, growing at a CAGR of 4.9% from 2025 to 2030.
Revenue, 2024 (US$M)
$4,838.6
Forecast, 2030 (US$M)
$6,434.4
CAGR, 2025 - 2030
4.9%
Report Coverage
Worldwide
Global capacitor banks market, 2018-2030 (US$M)
Global capacitor banks market highlights
- The global capacitor banks market generated a revenue of USD 4,614.1 million in 2023 and is expected to reach USD 6,434.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.9% by 2030.
- In terms of segment, low [<10 kv] accounted for a revenue of USD 4,614.1 million in 2023.
- Low [<10 kV] is the most lucrative voltage segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 4,614.1 million |
| Market revenue in 2030 | USD 6,434.4 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Low [<10 kv] |
| Fastest growing segment | Low [<10 kV] |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low [<10 kV] |
Other key industry trends
- In terms of revenue, the North America accounted for 24.0% of the global capacitor banks market in 2023.
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Capacitor Banks Market Scope
Capacitor banks market segmentation & scope
Others
Countries
U.S.
Canada
Mexico
Germany
UK
Spain
France
Italy
Netherlands
Denmark
China
India
Japan
South Korea
Indonesia
Thailand
Brazil
Argentina
UAE
Saudi Arabia
South Africa
Capacitor Banks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Comar Condensatori | View profile | 11-50 | Bologna, Emilia-Romagna, Italy, Europe | https://www.comarcond.com/ |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| Bharat Heavy Electricals | View profile | 10001+ | New Delhi, Delhi, India, Asia | http://www.bhel.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 |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Global capacitor banks market size, by regions, 2018-2030 (US$M)
Top 10 countries: Capacitor banks market size, 2024 (US$M)
Global capacitor banks market share, by applicaion, 2024 & 2030 (%, US$M)
Capacitor banks market: Opportunity assessment by country
Global capacitor banks market, by region, 2024 (US$M)
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