Global harmonic filter market is expected to rise to an estimated value of USD 1.65 billion by 2026, registering a CAGR of 6.75% in the forecast period of 2019-2026. Increasing prevalence for variable frequency drive and rising demand from commercial applications are the major factor for the growth of this market.
Harmonic filter market research report displays key data and information about several factors which helps achieve success in the competitive marketplace. Summary of the market is analysed with respect to market players who are mainly customers, businesses or clients. SWOT analysis is the standard, prominent and full-proof method to perform the market research study which is used to formulate this particular harmonic filter market report. To be ahead of the competition, a systematic idea about the competitive landscape, their product range, their strategies, and future prospects are very important. This Market Report provides data on patterns and improvements, target business sectors and materials, limits and advancements.
Major Market Competitors:
Some of the major players operating in harmonic filter market are ABB Ltd., Schneider Electric Se, Eaton Corporation PLC, Schaffner Holding AG, Siemens AG, CG Power and Industrial Solutions Limited (CG), TDK Corporation, Larsen & Toubro Limited (L&T), Arteche, AVX Corporation, Mte Corporation, Comsys Ab, Enspec Power Ltd, Mirus International Inc., LPI-NZ Ltd, Mesta Electronic Inc., Reo AG, Baron Power Ltd, TCI, LLC, Danfoss A/S, Sinexcel Electric Co., Ltd, LPI-NZ Ltd, Clariant Power System Ltd., Inphase Power Technologies Private Limited, Rem Electromach Pvt. Ltd. among others. In 2017, ABB partners with Scott Engineering to deliver six unique capacitor banks for six huge Canadian gas processing plants.
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Harmonic Filter Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
Need for High Power Quality and Reliability
Increased in Variable Frequency Drives (VFDS)
Stringent Government Regulations
Negative Effects of Harmonic Disturbances
High Cost of Harmonic Filters Installation and Maintenance
Availability of Substitutes
Table of Contents
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
- GeographyGet detailed toc @ https://databridgemarketresearch.com/toc/?dbmr=global-harmonic-filter-market
On the basis of type the harmonic filter market is segmented into Active Harmonic Filter (AHF), Passive Harmonic Filter (PHF), Tuned Passive Harmonic Filter, and Detuned Passive Harmonic Filter. The tuned passive harmonic filters market is expected to grow in the forecasted period.
On the basis of voltage level the harmonic filter market is segmented into Low-Voltage Harmonic Filters, Medium-Voltage Harmonic Filters, and High-Voltage Harmonic Filters. The medium-voltage harmonic filters market is expected to grow in the forecasted period.
On the basis of application the harmonic filter market is segmented into Industrial, Commercial, and Residential. The Industrial market is expected to grow in the forecasted period.
The industrial segments are further classified into Manufacturing, Metal Processing, Pulp and Paper, Automotive, Oil and Gas, Water Treatment, Packaging, Food Processing. The water treatment market is expected to grow in the forecasted period
On the basis of geography, harmonic filter market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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