Harmonics are generated in an electrical strength machine attributable to the presence of non-linear hundreds such as drives in the machine. The propagation of harmonic frequencies within the electric gadget is one of the frequent reasons of problems associated with energy nice. Harmonic reasons misfiring in variable speed drives, heating in the machine and torque fluctuations. Consequently, for ensuring foremost power nice, complete suppression of harmonics is a crucial consideration. Recent advancements in stable kingdom energy converters coupled with developing significance of electricity fine is anticipated to growth the use of harmonic filters across the globe.
How Big is the Global Harmonic Filter Market?
The Global Harmonic Filter Market is expected to exceed more than US$ 1 billion by 2025 and will grow at a CAGR of more than 6% in the given forecast period.
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The major driving factors of Global Harmonic Filter Market are as follows:
Increasing approval of variable frequency drives promote uptake of harmonic filters
Increasing need for power quality
The restraining factors of Global Harmonic Filter Market are as follows:
Less product demarcation
Need of customer alertness associated to harmonic repression across different end use industries
High rate of harmonic filters
The Global Harmonic Filter Market is segmented on the lines of its type, voltage level, end user and regional. Based on type segmentation it covers active harmonic filters and passive harmonic filters. Under voltage level segmentation it covers low voltage harmonic filters, medium voltage harmonic filters and high voltage harmonic filters. End user segment is classified into industrial, automotive, IT and data centers, oil &gas and others. The Global Harmonic Filter Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for harmonic filter and related technologies.
2) Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2025.
3) Identifications of new market opportunities and targeted promotional plans for Global Harmonic Filter Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of global and regional markets for Global Harmonic Filter Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include ABB Ltd. (Switzerland), Baron Power Limited (India), Comsys AB (Sweden), Danfoss A/S (Denmark), Schneider Electric (France), Eaton Corporation Plc. (Ireland), Siemens AG (Germany), Crompton Greaves Limited (India), EmersonElectric Co. (U.S.), TDK Corporation (Japan), Schaffner Holding AG (Switzerland), MTE Corporation (U.S.). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Harmonic Filter Market has been segmented as below:
By Type Analysis
Active Harmonic Filters
Passive Harmonic Filters
By Voltage level Analysis
Low Voltage Harmonic Filters
Medium Voltage Harmonic Filters
High Voltage Harmonic Filters
By End User Analysis
IT And Data Centers
Oil & Gas
By Regional Analysis
Rest of the World
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