openPR Logo
Press release

Harmonic Filter Market size will shoot up to US$ 1,059.1 million by 2023, as estimated by Stratview Research

10-18-2019 01:21 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Harmonic Filter Market size will shoot up to US$ 1,059.1 million

Stratview Research in its recent report has offered an overlook of the current Harmonic Filter Market scenarios and has also estimated the Harmonic Filter Market size to reach US$ 1,059.1 million by 2023. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.

Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period of 2018 – 2023, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.

Click here for a Free Sample of the report (additional insights inside):
https://www.stratviewresearch.com/Request-Sample/385/Harmonic-Filter-Market.html

The global harmonic filter market size is projected to grow at a healthy rate over the next five years to reach an estimated value of US$ 1,059.1 million in 2023. Increasing use of power electronics that basically operates through electronic switching, increasing levels of harmonic distortions of voltage and current waveforms in power systems, increasing usage of variable frequency drives (VFDs), rising demand from the data centers and IT industries, increasing number of metal arc furnaces worldwide, increasing concern for potential damage from power frequency variations, and increasing use of sensitive electronics in industrial automation process are some of the factors burgeoning the growth of harmonic filters worldwide.

Click here for description of the report:
https://www.stratviewresearch.com/385/Harmonic-Filter-Market.html

The market is segmented based on the filter type as passive harmonic filter and active harmonic filter. Passive harmonic filter is likely to remain the most dominant filter type in the market during the forecast period. Passive filters are best suitable for constant loads, as they eliminate or bypass lower order fixed harmonics of current or voltage by tuning passive filters at the resonance frequency. However, active harmonic filter is likely to be the faster-growing filter type segment of the market, owing to its superior harmonic elimination factor as it doesn’t get easily overloaded even if reaches its limit.

Based on the voltage level type, the harmonic filters market is segmented as low-voltage, medium-voltage, and high-voltage harmonic filter. Low-voltage harmonic filter is projected to remain the largest segment of the market during the forecast period from 2018 to 2023. Whereas, medium-voltage harmonic filter, another considerable segment, is likely to grow at an impressive rate in the market during the same period.

Based on the phase type, the harmonic filters market is segmented as single-phase harmonic filter and three-phase harmonic filter. Three-phase harmonic filter is projected to maintain its dominance in the market over the next five years. The segment is also likely to grow at an impressive rate in the market during the same period, owing to its diversified usage in high-end industrial applications, such as manufacturing and metal processing, as well as in commercial applications, such as data and IT center, malls, and airports.

Check out the Table of Contents here:
https://www.stratviewresearch.com/toc/385/Harmonic-Filter-Market.html

Highlights of the Report:

As per Stratview Research, North America is projected to remain the largest harmonic filter market during the forecast period. The USA is the growth engine of the North American market, driven by the presence of major players of harmonic filters as well as end-use industries. Asia-Pacific is likely to be the fastest-growing harmonic filter market during the forecast period, driven by China, India, and Japan.

The report also throws light on the Harmonic Filter Market share percentage, captured by specific key players in the industry; along with important mergers and acquisitions which have taken place till date.

Some of the key players mentioned the Harmonic Filter Market are ABB Ltd., Schneider Electric SA, Eaton Corporation Plc, Danfoss Group, Schaffner Holding AG, Siemens AG, TDK Corporation, AVX Corporation, Comsys AB, and TCI, LLC.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The harmonic filter market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Know more about us and our reports:
Stratview Research has been offering its insightful reports and custom researches to the interested clients in some of important industry sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The data is collected for the reports is collected from reliable sources and is analysed carefully to come up with an end result that is resourceful and worthy for the interesting clients.

For inquiries, Contact:
Ritesh Gandecha
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176

400 Renaissance Center, Suite 2600, Detroit, Michigan, MI 48243 United States of America

About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Harmonic Filter Market size will shoot up to US$ 1,059.1 million by 2023, as estimated by Stratview Research here

News-ID: 1852438 • Views:

More Releases from Stratview Research

Sustainable Footwear Market offers good growth opportunities post COVID-19
Sustainable Footwear Market offers good growth opportunities post COVID-19
The Sustainable Footwear Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Sustainable Footwear Market Forecast: Sustainable Footwear Market is likely to witness an impressive Healthy CAGR of 5.8% during the forecast period. Stratview
Surgical Apparel Market is Expected to Register a Considerable Growth by 2026
Surgical Apparel Market is Expected to Register a Considerable Growth by 2026
The Surgical Apparel Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Surgical Apparel Market Forecast: Surgical Apparel Market is likely to witness an impressive Healthy CAGR of 6.1% during the forecast period. Stratview
Spandex Fiber Market is Anticipated to Grow at an Impressive CAGR During 2021-2026
Spandex Fiber Market is Anticipated to Grow at an Impressive CAGR During 2021-20 …
The Spandex Fiber Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Spandex Fiber Market Forecast: Spandex Fiber Market is likely to witness an impressive Healthy CAGR of 7.1% during the forecast period. Stratview
Smart Plantation Management Systems Market Intelligence Report Offers Insights on Growth Prospects 2021-2026
Smart Plantation Management Systems Market Intelligence Report Offers Insights o …
The Smart Plantation Management Systems Market report has recently been added to Stratview Research’s offering. This report shows lucrative growth opportunities in the industry during the next five-year period and ensures more information regarding the market trends. The following summary will give an overview of the challenges, dynamics, and key market players. Smart Plantation Management Systems Market Forecast: Smart Plantation Management Systems Market is likely to witness an impressive Healthy CAGR of

All 5 Releases


More Releases for Harmonic

UK Harmonic Drives Provides Best Quality Harmonic Drive Products In The Market!
UK Harmonic Drives (https://ukharmonicdrives.com/) is a reliable place to get harmonic drive systems. They sell high-quality products that are affordable and are made to give maximum torque and pinpoint accuracy. With their many suppliers, you can be sure to find deals in the UK that are up-to-date and priced competitively. This company has a wide range of products, and gearboxes are one of their main offerings. They have different gearboxes, such
Harmonic Filter Market 2017: Global Industry Segmented into Active Harmonic Filt …
The 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. Market Definition: Global Harmonic Filter Market A harmonic filter is used to eliminate the harmonic distortion caused by appliances. Harmonics are
Need for High Power Quality and Reliability by Type (Active Harmonic Filter (AHF …
Data Bridge Market Research report has also included the profiles of some of the leading companies in the Global Harmonic Filter Market, By Type (Active Harmonic Filter (AHF), Passive Harmonic Filter (PHF), Tuned Passive Harmonic Filter, Detuned Passive Harmonic Filter) By voltage level (Low-Voltage Harmonic Filters, Medium-Voltage Harmonic Filters, High-Voltage Harmonic Filters) By application {Industrial (Manufacturing, Metal Processing, Pulp and Paper, Automotive, Oil and Gas, Water Treatment, Packaging, Food Processing)
Harmonic Drive Market Forecasts – HDSI, Leaderdrive, Beijing CTKM Harmonic Dri …
For overview analysis, the report introduces Harmonic Drive Market basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc. Harmonic Drive Market : Harmonic Drive is a compact, high performance, precision reduction gear. It is one of the key components used in robotic products such as collaborative work robots. The gear consists of only 3 basic parts (Wave Generator, Flex spline, and Circular Spline). It
Harmonic Filter Market - Filter Type : Active Harmonic Filters, Passive Harmonic …
Harmonics are generated in an electrical power system owing to the presence of non-linear loads such as drives in the system. The propagation of harmonic frequencies in the electrical system is one of the frequent causes of problems related to power quality. Harmonic causes misfiring in variable speed drives, heating in the system and torque fluctuations. Therefore, for ensuring optimum power quality, complete suppression of harmonics is a critical consideration.
Harmonic Drive Market 2017- HDSI, Leaderdrive, Beijing CTKM Harmonic Drive
The Global Harmonic Drive Market 2017 Industry Research Report focused on major manufacturers, regions, type as well as application of the Harmonic Drive industry.“Harmonic Drive is a compact, high performance, precision reduction gear. It is one of the key components used in robotic products such as collaborative work robots. The gear consists of only 3 basic parts (Wave Generator, Flex spline, and Circular Spline). It provides excellent features not