DUBLIN--(BUSINESS WIRE)--The "Harmonic Filter Market by Type, by Voltage Level Type, by Phase Type, by End-User Type and by Region Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global harmonic filter market 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.
Key Drivers
- 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
- increasing use of sensitive electronics in industrial automation process
Based on the filter type, passive harmonic filter is likely to remain the most dominant filter type in the market during the forecast period.
Based on the voltage level type, low-voltage harmonic filter is projected to remain the largest segment of the market during the forecast period from 2018 to 2023.
Based on the phase type, three-phase harmonic filter is projected to maintain its dominance in the market over the next five years.
Based on the end-user type, the manufacturing segment is likely to remain the most dominant end-user type in the market during the forecast period.
In terms of regions, North America is projected to remain the largest harmonic filter market during the forecast period.
Key Topics Covered
1. Executive Summary
2. Harmonic Filter Market - Overview and Market Forces
3. Harmonic Filter Market Analysis - By Filter Type
4. Harmonic Filter Market Analysis - By Voltage Level Type
5. Harmonic Filter Market Analysis - By Phase Type
6. Harmonic Filter Market Analysis - By End-User Type
7. Harmonic Filter Market Analysis - By Region
8. Competitive Analysis
9. Strategic Growth Opportunities
10. Company Profiles of Key Players
- ABB Ltd.
- AVX Corporation
- Comsys AB
- Eaton Corporation PLC
- Schaffner Holding AG
- Schneider Electric SE
- Siemens AG
- TCI, LLC
- TDK Corporation
- The Danfoss Group
For more information about this report visit https://www.researchandmarkets.com/research/33f56c/global_harmonic?w=4
