• / Free eNewsletters & Magazine
  • / My Account
Home>Global Harmonic Filter Market (2017-2025): Growing Demand from Commercial Applications - Research and Markets

Global Harmonic Filter Market (2017-2025): Growing Demand from Commercial Applications - Research and Markets

Global Harmonic Filter Market (2017-2025): Growing Demand from Commercial Applications - Research and Markets

09/19/2017

Global Harmonic Filter Market (2017-2025): Growing Demand from Commercial Applications - Research and Markets

The "Global Harmonic Filter Market, 2017-2025" report has been added to Research and Markets' offering.

The global harmonic filter market is poised to witness steady growth, growing at a CAGR of 6.9% during the forecast period 2017-2025.

Harmonics or distortions are ideally produced in an electrically powered system/equipment owing to the presence of non-linear loads like variable frequency drives in the system. The transmission of distortions in electrically powered machinery/equipment is the major cause behind power quality issues. Large magnitude of harmonics can result in malfunctioning of the system, which leads to downtime and increased operating costs. Thus, suppressing or mitigating such distortions is extremely crucial to achieve power reliability and quality. A harmonic filter is electrically powered equipment that is used to limit the effect of distortions in an electrical system.

The global harmonic filters market has been plagued by lack of product differentiation. This has resulted in profit crunching. Thus, application specific product diversification and focus on product enhancement are some of the key strategies adopted by harmonic filter manufacturers across the globe.

Key Trends:

  • Growing need to ensure power reliability and quality
  • Mounting adoption of Variable Frequency Drives (VFDs), especially in industrial and commercial applications
  • Growing demand from commercial applications
  • Stringent government regulations associated with the power reliability and quality promoting the uptake of harmonic filters

Companies Mentioned

  • ABB Ltd.E
  • Baron Power Ltd.
  • Comsys AB.
  • Crompton Greaves Ltd
  • Emerson Network Power
  • Epcos AG
  • Janitza Electronics GmbH
  • MTE Corporation
  • Siemens AG
  • Schaffner Holding AG
  • Schneider Electric SE

Key Topics Covered:

©2017 Morningstar Advisor. All right reserved.