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Global Shunt Capacitor Market to Expand Strongly with 7.4% CAGR by 2035
The global shunt capacitor market was valued at US$ 2.4 billion in 2024 and is projected to reach US$ 8.2 billion by 2035. The industry is anticipated to grow at a CAGR of 7.4% from 2025 to 2035, driven by rising investments in power transmission and distribution infrastructure, increasing demand for energy efficiency, and the growing need for voltage stability and power factor correction...
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