Harmonics produced due to the occurrence of non-linear loads in the electrical power system. The transmission of harmonic frequencies in the power system is one of the primary cause of problems related to poor power quality. Therefore, for optimum power quality, suppression of harmonics is required. The filters aids in controlling constant harmonic distortions in electronic appliances. The developments in semiconductor technologies is creating demand for harmonic filters by making it cost efficient and high powered technology which had a positive impact on the growth of harmonic filters globally
Growing awareness related to potential damage from power frequency variations in electrical and heating devices is expected to be a key factor driving harmonic filters market. Harmonic filters are widely used in capacitor banks used in heating and electrical appliances. Active harmonic filters are designed for power compensation and for avoiding non-linear loads that lead to low-quality transmission. Active harmonic filters are designed for dynamic reactive power compensation and harmonic filtering.
Increasing usage of harmonic filters in industrial and commercial sectors such as variable speed motor drives (VSDs), power converters, light dimmers, fluorescent lamps and have significantly contributed to the growth of harmonic filters market.
Harmonic Filter Market: Market Dynamics
The growth of harmonic filters can be attributed to the increasing demand for active and passive harmonic filters in industrial and commercial sectors.
Rising demand from IT and data centers creates potential growth opportunities for harmonic filters market.
The application of harmonic filters along with adjustable speed drives (ASDs) on two distinct platforms is expected to hamper the growth of harmonic filter market.
Global Harmonic Filter Market: Market Segmentation
Harmonic filter market segmented by type, voltage level, end user and region.
Segmentation by typein Harmonic Filter market:
Tuned Passive Filters
De-Tuned Passive Filters
Segmentation by voltage level in Harmonic Filter market:
Low Voltage Level
Medium Voltage Level
High Medium Level
Segmentation by end-user in Harmonic Filter market:
Segmentation by end-user in Harmonic Filter market:
Single Phase Harmonic Filter
Three Phase Harmonic Filter
Global Harmonic Filter Market: Competition Landscape
Few prominent players in Harmonic Filter market includeSchneider Electric SE, Eaton Corporation Plc, ABB Ltd., Danfoss A/S, AVX Corporation, Baron Power Limited, Crompton Greaves Ltd., TDK Corporation, Schaffner Holding AG, Comsys AB, Merus Power Dynamics Oy and Larsen & Tourbo Ltd., etc.
Harmonic Filter Market: Regional Outlook
APAC is estimated to lead in the Harmonic Filter market as there is a high presence of various manufacturing and processing industries in different countries such as China, India, etc. followed by North America and Europe region. APAC holds the largest market share of Harmonic filter market and is expected to grow at highest CAGR in the forecast period. Latin America and MEA are expected to contribute significantly in the near future
The report covers exhaustive analysis on:
Global Harmonic Filter Market Segments
Global Harmonic Filter Market Dynamics
Historical Actual Market Size, 2012 - 2016
Global Harmonic Filter Market Size & Forecast 2016 to 2027
Supply & Demand Value Chain for Harmonic Filter Market
Global Harmonic Filter Market Current Trends/Issues/Challenges
Competition & Companies involved in Harmonic Filter Market
Harmonic Filter Technology
Value Chain of Harmonic Filter
Global Harmonic Filter Market Drivers and Restraints
Regional analysis of Global Harmonic Filter Market includes
North America Harmonic Filter Market
US & Canada
Latin America Harmonic Filter Market
Brazil, Argentina & Others
Eastern Europe Harmonic Filter Market
Rest of Eastern Europe
Western Europe Harmonic Filter Market
Rest of Western Europe
Asia Pacific Harmonic Filter Market
Australia and New Zealand (ANZ)
Rest of Asia Pacific
Japan Harmonic Filter Market
Middle East and Africa Harmonic Filter Market
Other Middle East
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
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