Press release
Harmonic Filter Market Key Players: ABB Ltd., Danfoss A/S, AVX Corporation, Baron Power Limited, Crompton Greaves Ltd
Harmonic Filter Market
Demand for harmonic filters is expected to reach US$ 928.6 million in 2022 and is projected to increase at a CAGR of 6.7 percent to US$ 1,770.4 million from 2022 to 2032. The increase in demand for business applications is credited with growth.
Growing awareness related to potential damage from power frequency variations in electrical and heating devices is expected to be a key factor driving harmonic filters market. Harmonic filters are widely used in capacitor banks used in heating and electrical appliances.
Active harmonic filters are designed for power compensation and for avoiding non-linear loads that lead to low-quality transmission. Active harmonic filters are designed for dynamic reactive power compensation and harmonic filtering.
Increasing usage of harmonic filters in industrial and commercial sectors such as variable speed motor drives (VSDs), power converters, light dimmers, fluorescent lamps and have significantly contributed to the growth of harmonic filters market.
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Harmonic Filter Market: Market Dynamics
The growth of harmonic filters can be attributed to the increasing demand for active and passive harmonic filters in industrial and commercial sectors.
Rising demand from IT and data centers creates potential growth opportunities for harmonic filters market.
The application of harmonic filters along with adjustable speed drives (ASDs) on two distinct platforms is expected to hamper the growth of harmonic filter market.
Global Harmonic Filter Market: Competition Landscape
Few prominent players in Harmonic Filter market includeSchneider Electric SE, Eaton Corporation Plc, ABB Ltd., Danfoss A/S, AVX Corporation, Baron Power Limited, Crompton Greaves Ltd., TDK Corporation, Schaffner Holding AG, Comsys AB, Merus Power Dynamics Oy and Larsen & Tourbo Ltd., etc.
Harmonic Filter Market: Regional Outlook
APAC is estimated to lead in the Harmonic Filter market as there is a high presence of various manufacturing and processing industries in different countries such as China, India, etc. followed by North America and Europe region.
APAC holds the largest market share of Harmonic filter market and is expected to grow at highest CAGR in the forecast period. Latin America and MEA are expected to contribute significantly in the near future
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Regional analysis of Global Harmonic Filter Market includes
North America Harmonic Filter Market
US & Canada
Latin America Harmonic Filter Market
Brazil, Argentina & Others
Eastern Europe Harmonic Filter Market
Poland
Russia
Rest of Eastern Europe
Western Europe Harmonic Filter Market
Germany
Italy
France
UK
Spain
Nordic
BENELUX
Rest of Western Europe
Asia Pacific Harmonic Filter Market
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan Harmonic Filter Market
Middle East and Africa Harmonic Filter Market
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies
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Global Harmonic Filter Market: Market Segmentation
Harmonic filter market segmented by type, voltage level, end user and region.
Segmentation by typein Harmonic Filter market:
Active Filters
Passive Filters
Tuned Passive Filters
De-Tuned Passive Filters
Hybrid Filters
Segmentation by voltage level in Harmonic Filter market:
Low Voltage Level
Medium Voltage Level
High Medium Level
Segmentation by end-user in Harmonic Filter market:
Commercial
Industrial
Residential
Segmentation by end-user in Harmonic Filter market:
Single Phase Harmonic Filter
Three Phase Harmonic Filter
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
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Technology data sheet
TYPE
Color
Grade
Permeability
Density
Screening%
PH
MIN darcy
TARGET darcy
MAX darcy
TARGET g/cm3
MAX g/cm3
+150mesh
MIN
TARGET
MAX
ZBS100
pink/white
Dissolve calcination
1.3
1.5
1.8
0.37
0.4
0
NA
4
8-11
ZBS150
pink/white
Dissolve calcination
1.5
1.9
2.3
0.35
0.4
0
NA
4
8-11
ZBS200
pink/white
Dissolve calcination
2.3
2.6
3
0.35
0.4
0
NA
4
8-11
ZBS300
white
Dissolve calcination
3
3.5
4
0.35
0.37
0
2
6
8-11
ZBS400
white
Dissolve calcination
4
4.5
5
0.35
0.37
2
4
10
8-11
ZBS500
white
Dissolve calcination
4.8
5.3
6
0.35
0.37
4
8
15
8-11
ZBS600
white
Dissolve calcination
6
7
8
0.35
0.37
6
10
20
8-11
ZBS800
white
Dissolve calcination
7
8
9
0.35
0.37
10
15
25
8-11
ZBS1000
white
Dissolve calcination
8
10
12
0.35
0.38
12
21
30
8-11
13
19
25
0.35
0.38
9
19
30
8-11
ZBS1200
white
Dissolve calcination
12
17
30
0.35
0.38
NA
NA
NA
8-11
Product Advantages
- complete range of permeability - complete certification: ISO, Halal, Kosher - suitable for all walks of life - Higher efficiency filtration - National Patent products
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