Sponsored

Global Harmonic Filter Market to Exceed $1 Billion by 2023: Trends, Segmentation, and Key Players

0
691

The global harmonic filter market is experiencing strong momentum, characterized by steady growth driven by industrial electrification, rising power quality concerns, and rapid expansion in sensitive electronics usage. The harmonic filter market is projected to grow at a healthy CAGR of 6.4% over the next five years to reach an estimated value of US$ 1,059.1 million by 2023.

Market Overview & Growth Drivers

Harmonic filters play a critical role in mitigating harmonics—unwanted periodic distortions in voltage or current that are integer multiples of the primary frequency (50Hz or 60Hz)—commonly generated by heavy electrical machines and non-linear loads. Devices such as arc furnaces, variable frequency drives (VFDs), and heavy industrial rectifiers contribute heavily to these disturbances. Harmonic filters help protect electronic equipment and elevate power quality.

Rising adoption of power electronics across sectors—especially manufacturing, IT/data centers, and commercial complexes—boosts filter demand. Furthermore, increasing automation and awareness of harmonic-induced damage are instrumental in driving market expansion.

Market Segmentation

By Voltage Level

  • Low-voltage filters hold the largest share of the market and are projected to maintain dominance through 2023.
  • Meanwhile, medium-voltage filters are experiencing robust growth prospects within the same period.

By Phase

Three-phase filters are expected to stay dominant over single-phase alternatives. Their prevalence stems from their versatility and widespread usage in both high-end industrial operations (e.g., manufacturing, metal processing) and commercial infrastructures such as airports, malls, and IT/data centers.

By Filter Type

Among active and passive designs, passive harmonic filters are forecasted to retain their preeminence throughout the 2018–2023 window.

Regional Dynamics

North America is projected to remain the leading regional market for harmonic filters through the forecast period. The region's dominance is attributable to extensive industrial infrastructure and growing deployment of advanced power quality solutions.

Key Industry Players

Major participants shaping the market include:

  • ABB Ltd.
  • Schneider Electric SA
  • Eaton Corporation Plc
  • Danfoss Group
  • Schaffner Holding AG
  • Siemens AG
  • TDK Corporation
  • AVX Corporation
  • Comsys AB
  • TCI, LLC.

Outlook & Strategic Highlights

The forecast suggests that by 2023, the global market for harmonic filters will surpass the USD 1 billion mark, held aloft by vigorous industrial demand, rising complexity in power systems, and growing sensitivity of electronic loads.

Strategic insights point to sustained dominance of:

  • Low-voltage over medium- and high-voltage segments,
  • Three-phase configurations across diverse applications,
  • Passive filters as the go-to technology for prevailing use cases.

Meanwhile, North America stands out as the highest-value region, supported by its advanced infrastructure and early adoption of quality mitigation technologies.

As the global economy continues to electrify and digitalize, awareness and investment in harmonic filtration remain pivotal. Market actors—suppliers, equipment integrators, and policymakers alike—should monitor these shifting trends closely, particularly the evolving mix of filter types, voltage tiers, and application domains.

Sponsored
Sponsored
Search
Sponsored
Categories
Read More
Other
Electrical & Electronics Testing, Inspection and Certification Market Research, Dynamics, Statistics and Forecast to 2030
Market Research Future Insights  Electrical & Electronics Testing, Inspection and...
By jeffwilson18 2023-04-24 07:40:08 0 6K
Networking
Global Conipack Pails Market Size, Share, Key Players, Trends, Sales, Supply, Demand, Analysis and Forecast 2032
The global Conipack Pails Market is expected to reach USD 1.36 Biliion by the end of 2032, with...
By leighdiaz6004 2025-01-21 11:49:08 0 3K
Other
Data Quality and Lineage: Key to Building Trust and Reliability
As organizations continue doubling their reliance on data, the question of having credible data...
By martechcubejohn 2024-08-22 07:14:20 0 4K
Home
為什麼「黑萬」在香港電子煙市場中越來越受歡迎
在香港這個高度多元化和競爭激烈的電子煙市場中,「黑萬」作為一個頗具話題性的加熱煙產品,正快速引起廣大煙民的關注與喜愛。無論是從品牌形象、口味層次還是市場定位來看,「黑萬」都展示出其獨特性和潛力。...
By jhonwelson09867 2025-07-24 07:37:10 0 1K
Theater
Para Aramid Fibers Market Challenges: Growth, Share, Value, Trends, and Analysis
"Executive Summary Para Aramid Fibers Market : Data Bridge Market Research analyses...
By mikewarn00 2025-07-15 04:15:42 0 908
Sponsored
TikTikTalk https://tiktiktalk.com