Harmonic Filter Market worth US$ 1,059.1 million in 2023
Harmonic Filter Market research report is a 234-page global study offering rich insights on market forecasts, latest market trends, market competition, and opportunity analysis.
(EMAILWIRE.COM, December 11, 2018 ) Stratview Research announces the launch of a new research report on Harmonic Filter Market. This 234-page extensive report from Stratview Research, studies Harmonic Filter Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This harmonic filter market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Filter Type (Active Harmonic Filter, Passive Harmonic Filter)- Passive harmonic filter is likely to remain the most dominant filter type in the market.
• By Voltage Level Type (Low-Voltage Harmonic Filter, Medium-Voltage Harmonic Filter, High-Voltage Harmonic Filter)- Low-voltage harmonic filter is projected to remain the largest segment of the market.
• By Phase Type (Single-Phase Harmonic Filter, Three-Phase Harmonic Filter)- Three-phase harmonic filter is projected to maintain its dominance in the market over the next five years.
• By End-user Type (Manufacturing, Metal Processing, Paper & Pulp, Data & IT Center, Oil & Gas, Others)- The manufacturing segment is likely to remain the most dominant end-user type in the market.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- North America is projected to remain the largest harmonic filter market.
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Harmonic Filter Market Insights
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. 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.
The supply chain of this market comprises raw material suppliers, component manufacturers, harmonic filter manufacturers, distributors, and end users. Some of the key companies supplying harmonic filters 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.
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 harmonic filter market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Filter Type (Active Harmonic Filter, Passive Harmonic Filter)- Passive harmonic filter is likely to remain the most dominant filter type in the market.
• By Voltage Level Type (Low-Voltage Harmonic Filter, Medium-Voltage Harmonic Filter, High-Voltage Harmonic Filter)- Low-voltage harmonic filter is projected to remain the largest segment of the market.
• By Phase Type (Single-Phase Harmonic Filter, Three-Phase Harmonic Filter)- Three-phase harmonic filter is projected to maintain its dominance in the market over the next five years.
• By End-user Type (Manufacturing, Metal Processing, Paper & Pulp, Data & IT Center, Oil & Gas, Others)- The manufacturing segment is likely to remain the most dominant end-user type in the market.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- North America is projected to remain the largest harmonic filter market.
Go through the detailed TOC:-https://www.stratviewresearch.com/toc/385/Harmonic-Filter-Market.html
Or
Get a free sample:- https://www.stratviewresearch.com/Request-Sample/385/Harmonic-Filter-Market.html
Harmonic Filter Market Insights
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. 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.
The supply chain of this market comprises raw material suppliers, component manufacturers, harmonic filter manufacturers, distributors, and end users. Some of the key companies supplying harmonic filters 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.
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.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results