The global High Voltage Parallel Capacitor Compensation Device market size is predicted to grow from US$ 369 million in 2025 to US$ 460 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.

The high-voltage parallel capacitor compensation device is a power device used to improve the power factor of the power grid, reduce line losses and improve the quality of power. It installs capacitor banks in parallel in the high-voltage power grid to compensate for the reactive power caused by the inductive load, reduce the reactive current of the system, and improve voltage stability and transmission efficiency. The device is widely used in the fields of industry, energy, transportation, etc., which helps to save energy and improve the economy and reliability of power grid operation.

United States market for High Voltage Parallel Capacitor Compensation Device is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for High Voltage Parallel Capacitor Compensation Device is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for High Voltage Parallel Capacitor Compensation Device is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key High Voltage Parallel Capacitor Compensation Device players cover Schneider Electric, Siemens, Eaton Corporation, ABB, General Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

Infinity Market Research newest research report, the High Voltage Parallel Capacitor Compensation Device Industry Forecast looks at past sales and reviews total world High Voltage Parallel Capacitor Compensation Device sales in 2024, providing a comprehensive analysis by region and market sector of projected High Voltage Parallel Capacitor Compensation Device sales for 2025 through 2031. With High Voltage Parallel Capacitor Compensation Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Voltage Parallel Capacitor Compensation Device industry.

This Insight Report provides a comprehensive analysis of the global High Voltage Parallel Capacitor Compensation Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Voltage Parallel Capacitor Compensation Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global High Voltage Parallel Capacitor Compensation Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Voltage Parallel Capacitor Compensation Device and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Voltage Parallel Capacitor Compensation Device.

This report presents a comprehensive overview, market shares, and growth opportunities of High Voltage Parallel Capacitor Compensation Device market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Static Reactive Power Compensation Device
    Dynamic Reactive Power Compensation Device

Segmentation by Application:

    Industrial Manufacturing
    Power Industry
    Communication Industry
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    Schneider Electric
    Siemens
    Eaton Corporation
    ABB
    General Electric
    Mitsubishi Electric
    Hangzhou Decheng Electric Power Technology
    Shanghai Kunyou Electric Technology
    Surong Electric
    Zhiming Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Voltage Parallel Capacitor Compensation Device market?
What factors are driving High Voltage Parallel Capacitor Compensation Device market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do High Voltage Parallel Capacitor Compensation Device market opportunities vary by end market size?
How does High Voltage Parallel Capacitor Compensation Device break out by Type, by Application?