The global harmonic filters market was valued at US$701.152 million in 2017 and is projected to expand at a CAGR of 5.84% over the forecast period to reach US$985.820 million by 2023. The presence of harmonics in electronic devices during power supply distorts the current and voltage and deviate them from the sinusoidal waveforms. This distortion produces harmful effects in induction motors, causes failure in power supply distribution and deteriorates insulation in windings, cables, resistors, capacitors and other components. Hence, harmonic filters are used for the maintaining the power quality in electrical devices growing the need for better electrical systems. Asia-Pacific region has the dominant market share in the global harmonic filters market. Growing demand from the IT sector presents a potential growth opportunity for this market. However, the lack of consumer awareness about the effects of harmonics on power equipment will impede the market growth.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the harmonic filters value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global harmonic filters market.
Major industry players profiled as part of the report are CG Global, Siemens Ltd., Schaffner Holding AG, Artilium plc., and Baron among others.
Segmentation:
The harmonic filters market has been analyzed through following segments:
By Type
By Industry Vertical
By Geography
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the harmonic filters value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global harmonic filters market.
Major industry players profiled as part of the report are CG Global, Siemens Ltd., Schaffner Holding AG, Artilium plc., and Baron among others.
Segmentation:
The harmonic filters market has been analyzed through following segments:
By Type
- Active Harmonic Filters
- Passive Harmonic Filters
- Hybrid Harmonic Filters
By Industry Vertical
- Manufacturing
- Communication and Technology
- Automotive
- Construction
- Others
By Geography
- Americas
- United States
- Canada
- Brazil
- Others
- Europe Middle East and Africa
- United Kingdom
- Germany
- France
- Netherlands
- Others
- Asia Pacific
- China
- Japan
- India
- Australia
- Others
Table of Contents
1. Introduction
2. RESEARCH METHODOLOGY
4. MARKET DYNAMICS
5. HARMONIC FILTERS MARKET BY TYPE
6. HARMONIC FILTERS MARKET BY INDUSTRY VERITCAL
7. HARMONIC FILTERS MARKET BY GEOGRAPHY
8. COMPETITIVE INTELLIGENCE
9. COMPANY PROFILES
Companies Mentioned
- CG Global
- Siemens Ltd.
- Schaffner Holding AG
- Artilium plc.
- Baron
- TDK Corporation
- Eaton
- MTE Corporation
- ABB
- Schneider Electric
- General Electric
Methodology
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