Press release
Harmonic Filters in Power Systems Market Analysis: In-Depth Insight Of Growth And Upcoming Trends Opportunities 2018-Dominated By ABB India, Schneider Electric, Eaton Corporation, Schaffner Holding, Siemens, TDK, Larsen & Toubro
Harmonic Filters Market
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Industry Research Report "Global Harmonic Filter Market" accounted to USD 720.2 million in 2016 growing at a CAGR of 7.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
A harmonic filter is used to eliminate the harmonic distortion caused by appliances. Harmonics are currents and voltages that are continuous multiples of the fundamental frequency of 60 Hz such as 120 Hz (2nd harmonic) and 300 Hz (5th harmonic). The latest trend in this market is the high power quality and reliability, increase in variable frequency devices help in the growth of the market.
There is need of harmonic filters for several applications like Industrial (Manufacturing, Metal Processing, Pulp and Paper, Automotive, Oil and Gas, Water Treatment, Packaging, Food Processing) Commercial, Residential will create a huge market for the harmonic filter.
Report highlights
• 350 pages, 220 tables and 60 figures
• Harmonic Filter Market Forecast Period: 2017–2024
• Harmonic Filter Market Historical Years: 2012-2015
• Harmonic Filter Market Base Year: 2016
• Harmonic Filter Market Estimated Year: 2017
Key Points:
• 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
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Companies Mentioned:
• 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
• Among Others
Customization of the Report
The report includes the complete segmentation displayed above across all above mentioned countries
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Read more about the Global Harmonic Filter Market Visit@ http://databridgemarketresearch.com/reports/global-harmonic-filter-market/
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Data Bridge Market Research
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Email: sopan.gedam@databridgemarketresearch.com
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