Shunt Active Power Filters Market
The market for Shunt Active Power Filters was estimated at $1.2 billion in 2024; it is anticipated to increase to $1.8 billion by 2030, with projections indicating growth to around $2.6 billion by 2035.
Global Shunt Active Power Filters Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Shunt Active Power Filters (SAPFs) industry revenue is expected to be around $1.3 billion in 2025 and expected to showcase growth with 7.5% CAGR between 2025 and 2034. The significant rise in the popularity of Shunt Active Power Filters can be credited to important factors driving their growth trajectory. The increased relevance of this sector is mainly a result of the growing need for power quality and energy management in a wide range of industries. As digitalization and industrialization progress rapidly the importance of shunt power filters has become increasingly apparent. Their role, in decreasing distortions and enhancing power factor in electrical loads significantly boosts system efficiency and reliability overall. The important function of these filters in maintaining high quality power supply underscores their continued significance, in the interconnected and power reliant systems of today.
Active Power Filters called Shunt are tools created to reduce harmonic currents and adjust power factor effectively in different industries like electronics and telecommunications among others by boosting power quality and saving energy significantly which has led to their widespread adoption by organizations keen, on ensuring top notch power supply standards.
Market Key Insights
- The Shunt Active Power Filters market is projected to grow from $1.2 billion in 2024 to $2.4 billion in 2034. This represents a CAGR of 7.5%, reflecting rising demand across Power Quality Improvement, Industrial Power Control and Renewable Energy Systems.
- ABB Ltd, Siemens AG, Active Power Solutions are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Shunt Active Power Filters market and are expected to observe the growth CAGR of 4.9% to 7.2% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.6% to 10.3%.
- Transition like Market Adoption to Green Energy is expected to add $168 million to the Shunt Active Power Filters market growth by 2030.
- The Shunt Active Power Filters market is set to add $1.2 billion between 2024 and 2034, with manufacturer targeting Energy & Manufacturing End-Users projected to gain a larger market share.
- With
rising demand for high power quality, and
growing renewable energy installations, Shunt Active Power Filters market to expand 106% between 2024 and 2034.
Opportunities in the Shunt Active Power Filters
Growth Opportunities in North America and Asia Pacific
Market Dynamics and Supply Chain
Driver: Rising Demand for High Power Quality, and Increasing Emphasis on Energy Conservation
Restraint: High Initial Investment
Opportunity: Focus on Renewable Energy Projects and Expansion into Industrial Automation
Challenge: Technical Complexity and Skill Requirements
Supply Chain Landscape
Raw Material Procurement
Component Manufacturing
Assembly & Testing
Distribution & End-User Industry
Raw Material Procurement
Component Manufacturing
Assembly & Testing
Distribution & End-User Industry
Use Cases of Shunt Active Power Filters in Quality Improvement & Industrial Control
Recent Developments
The recent advancements in the power efficiency market have propelled the growth of Shunt Active Power Filters.These power quality devices have emerged as prominent solutions, owing to their enhanced ability to mitigate harmonics, regulate voltages, and correct the power factor, delivering effective energy management within various industry sectors.