Harmonic Filter Market - Filter Type : Active Harmonic Filters, Passive Harmonic Filters (Tuned Passive Harmonic Filters, De-Tuned Passive Harmonic Filters)technology, making harmonic filters slightly cost effective and high powered technology, has had positive impact on the growth of harmonic filters across the globe.
The growing use of non-linear loads such as the variable frequency drives that produce harmonics coupled with the increasing need to ensure power quality is boosting the growth of the global harmonic filter market. The growing importance of achieving acceptable levels of power quality is driving the growth of harmonic filters. By maintaining power quality through harmonic suppression, power losses can be extremely minimized and significant energy savings can be achieved. Increasing adoption of variable frequency drives promoting the uptake of harmonic filters. Rise in automation across different industrial and commercial applications and growing demand for electrical efficiency has increased the demand for Variable Frequency Drives (VFD), which is in turn boosting the growth of the harmonic filter market. The conjoint effect of all these drivers is set to boost the growth of the global harmonic filter market from 2016 – 2024.
Enter your information below to receive a sample copy of this report @ www.transparencymarketresearch.com/sample/sample.php?flag...
Escalating demand from IT and data centers are set to offer potential growth opportunities to the global harmonic filters market. Thus, growth in the IT industry spending is expected to support the growth of high end machines and equipments with non-linear loads, giving rise to harmonics. Rising demand for ensuring optimum power quality is expected to fuel the growth of harmonic filters in IT and data center industry. Further, government regulations and penalties imposed by utilities are set to offer lucrative opportunities for the growth of harmonic filters in the near future. For example, in India (Tamil Nadu), government has set the total voltage harmonic distortion limit at 5% and total current harmonic distortion limit at 8%. If a consumer exceeds these harmonic levels, then that person is entitled to pay 15% of his respective tariff as compensation. Owing to the impact of these regulations and penalties, facilities that produce harmonics are installing harmonic filters.
The competitive profiling of the key players in the global harmonic filter market broadly across five geographic regions has been incorporated in the study. This profiling includes the recent developments in the field of harmonic filter and the various business strategies adopted by the major player. Market attractive analysis on the basis of end-use of harmonic filters has been included in the report, for providing a deep insight of global market.
An in-depth study of the market dynamics which is inclusive of market drivers, market restraints and market opportunities is included under the scope of this report. Market dynamics are the distinguishing factors which exert an impact on the growth of the global market, thereby helping to analyze the ongoing trends of the market. Thus, this report provides the forecast of the global harmonic filter market for the period from 2016 to 2024, along with offering an exhaustive study of the global market.
Some of the major players in the harmonic filter market are: 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), Emerson
Electric Co. (U.S.), TDK Corporation (Japan), Schaffner Holding AG (Switzerland), MTE Corporation (U.S.).
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 - Filter Type : Active Harmonic Filters, Passive Harmonic Filters (Tuned Passive Harmonic Filters, De-Tuned Passive Harmonic Filters) here
News-ID: 471919 • Views: 346
More Releases from Transparency Market Research Technology
Vehicle Analytics Market to reach US$10,215.5 mn by 2025 | Key Companies are Agn …
Vehicle analytics can be categorized as solutions implemented on vehicles that helps to gain insights about the vehicles. Vehicle analytics’ application range from the farmers to large scale fleet operators as these help them with a number of benefits like increased safety, faster threat detection, vehicle tracking, and monitoring the driving behavior among others The advancement in technologies and enhanced safety provided by vehicle analytics are expected to be major drivers
System Integration Market - Segment which Held the Share of 28.2% of the Total A …
The global system integration market was valued at USD 191.36 billion in 2013 and is expected to reach USD 377.59 billion by 2020, growing at a CAGR of 10.9% during the forecast period from 2014 to 2020. In terms of revenue, North America was the largest regional market for system integration which accounted for 33.0% of the total system integration market in 2013. Asia Pacific is expected to be the
mHealth Services Market - Global Industry Size, Share, Growth, Trends and Foreca …
mHealth, a fast growing technology-driven service, is expected to change the way health services are delivered worldwide. It involves delivery of healthcare related services to end-users by medium of mobile phones (smartphones). Rising incidences of chronic diseases have elevated the need for accessibility of quality and low cost healthcare services for the masses. The situation has been further aggravated by the declining ratio of healthcare service providers to target population.
Enterprise Video Content Management Market : Recent Industry Developments and Gr …
A fresh commerce and business study by Transparency Market Research (TMR) has observed that as small and medium enterprises (SMEs) mushroom across the world, the vendors who are ahead of the curve in the global enterprise video content management market will continue to find vast new opportunities, especially when they are willing to expand into the emerging economies in Asia Pacific. For instance, about a year ago, Panopto partnered with