Harmonic Filters - Global Market Trajectory & Analytics

Global Harmonic Filters Market to Reach $1.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Harmonic Filters estimated at US$828.5 Million in the year 2020, is projected to reach a revised size of US$1.2 Billion by 2027, growing at a CAGR of 5.3% over the period 2020-2027. Active, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$401.1 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Passive segment is readjusted to a revised 5.4% CAGR for the next 7-year period.



The U.S. Market is Estimated at $244.2 Million, While China is Forecast to Grow at 4.9% CAGR

The Harmonic Filters market in the U.S. is estimated at US$244.2 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$209.7 Million by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Select Competitors (Total 41 Featured):

• ABB Group
• Arteche
• AVX Corporation
• Baron Power Ltd.
• CG Power and Industrial Solutions Ltd.
• Clariant Power System Ltd.
• Comsys AB
• Danfoss A/S
• Eaton Corporation PLC
• Enspec Power Ltd.
• Inphase Power Technologies Private Limited
• Larsen & Toubro Ltd.
• LPi-NZ Ltd.
• Mesta Electronic Inc.
• MIRUS International Inc.
• MTE Corporation
• Rem Electromach Pvt. Ltd.
• Reo AG
• Schaffner Holding AG
• Schneider Electric SA
• Siemens AG
• TCI, LLC
• TDK Corporation