Προωθημένο

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

0
704

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.

Προωθημένο
Προωθημένο
Αναζήτηση
Προωθημένο
Κατηγορίες
Διαβάζω περισσότερα
άλλο
Sachet Packaging Market Analysis, Growth, Opportunities and size by 2030
The study provides detailed information about the key growth factors, restraints, and key trends...
από ramos 2023-11-02 06:36:25 0 5χλμ.
Networking
Aramid Fiber Market value of around US$ 9,513.8 million by 2030
According to the Market Statsville Group (MSG), the global aramid fiber market size is...
από vipinmsg 2024-02-05 07:06:59 0 4χλμ.
άλλο
India Orthobiologics Market Share and Beyond: Trends, Growth Drivers, and Market Insights
In its latest publication, Polaris Market Research presents an in-depth analysis of...
από ReshmaSonune 2025-08-25 10:01:33 0 502
Networking
North America Antiviral Drugs Market Intelligence: Demand Drivers, Competitive Trends & Outlook
Executive Summary North America Antiviral Drugs Market : Data Bridge Market Research...
από kshdbmr 2025-06-23 06:26:05 0 1χλμ.
Networking
Fluidized Bed Biomass Gasifier Market will reach at a CAGR of 13.2% from to 2033
According to the Market Statsville Group (MSG), the Global Fluidized Bed Biomass...
από vipinmsg 2025-01-17 06:28:34 0 2χλμ.
Προωθημένο
TikTikTalk https://tiktiktalk.com