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Global Harmonic Filters Market, Forecast to 2024

Global Harmonic Filters Market, Forecast to 2024

A harmonic filter is used to eliminate the harmonic distortion caused by electrical appliances. The role of harmonic filter is critical of the commercial and industrial sector as it can cause malfunctioning of the system, leading to downtimes and increases in operating costs. With latest technological advances and upgrades of infrastructural reforms in regions such as Asia-Pacific (APAC), Latin America, Middle East, and Africa, harmonic filters have become established as tools for mitigating harmonic distortions. The market for harmonic filters is primarily driven by increasing availability and adoption of variable frequency drives (VFDs), especially in North America. It is poised for growth with the implementation of regulatory standards and legislative policies in the industrial and commercial sector.

The need for efficient power quality has driven the customer demand for effective power solution equipment. Moreover, the development of industrial and commercial sectors in the APAC region has created growth opportunities for harmonic filters. With the revival in the global economy and revenue growth in the region, the harmonic filters market is expected to grow at a steady rate. In Europe, end users are still reluctant to spend on filters as they have minimal demand for better power quality. However, with numerous renewable energy plants coming on stream, the uptake of harmonic filters in the region expected to grow.

In Latin America, the presence of numerous local markets for manufacturing harmonic filters and the region’s own proximity to North America has created a very good opportunity for the growth of the harmonic filters market. The markets in the region have a relative advantage in regard to the adoption of new technologies for mitigating harmonic distortion issues. The demand for effective power quality systems and equipment such as harmonic filters is poised to grow in the emerging Rest of World (RoW) economies such as Middle East and Africa. These regions are heavily populated with oil & gas industries where harmonic distortions are extreme and harmonic mitigation equipment are essential. The requirement for efficient power quality systems to mitigate energy and heat losses due to harmonics has created a demand for devices to mitigate harmonics. With proper guidelines for following regulatory policies and legislations, the RoW market is expected to grow at a steady rate. Lucrative growth opportunities have been identified in regions such as APAC, Latin America, and RoW. Growth in demand for efficient power quality from industrial and commercial sectors, along with infrastructural reforms, will create growth opportunities for harmonic filters in these emerging economies.


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • CEO's Perspective
  • Market Overview
    • Market Definitions
    • Key Questions this Study will Answer
    • Market Segmentation
    • Market Distribution Channels
  • Drivers and Restraints—Total Harmonic Filters Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends—Total Harmonic Filters Market
    • Market Engineering Measurements
      • Table Total Harmonic Filters Market: Market Engineering Measurements, Global, 2017
    • Forecast Assumptions
    • Revenue Forecast
      • Table Total Harmonic Filters Market: Revenue Forecast, Global, 2014–2024
    • Revenue Forecast Discussion
    • Percent Revenue Forecast by Region
      • Table Total Harmonic Filters Market: Percent Revenue Forecast by Region, Global, 2014–2024
    • Revenue Forecast by Region
      • Table Total Harmonic Filters Market: Revenue Forecast by Region, Global, 2014–2024
    • Regional Trends
    • Revenue Forecast Discussion by Region
    • Percent Revenue Forecast by Voltage
      • Table Total Harmonic Filters Market: Percent Revenue Forecast by Voltage, Global, 2014–2024
    • Revenue Forecast by Voltage
      • Table Total Harmonic Filters Market: Revenue Forecast by Voltage, Global, 2014–2024
    • Revenue Forecast Discussion by Voltage
    • Percent Revenue Forecast by Technology
      • Table Total Harmonic Filters Market: Percent Revenue Forecast by Technology, Global, 2014–2024
    • Revenue Forecast by Technology
      • Table Total Harmonic Filters Market: Revenue Forecast by Technology, Global, 2014–2024
    • Revenue Forecast Discussion by Technology
    • Percent Revenue Forecast by Vertical Market
      • Table Total Harmonic Filters Market: Percent Revenue Forecast by Vertical Market, Global, 2014–2024
    • Revenue Forecast by Vertical Market
      • Table Total Harmonic Filters Market: Revenue Forecast by Vertical Market, Global, 2014–2024
    • Revenue Forecast Discussion by Vertical Market
  • Market Share and Competitive Analysis—Total Harmonic Filters Market
    • Market Share
    • Market Share Analysis
      • Table Total Harmonic Filters Market: Market Share Analysis of Top 5 Participants, Global, 2017
    • Competitive Environment
    • Competitive Factors and Assessment
  • Growth Opportunities and Companies to Action
    • Growth Opportunity 1—Geographical Expansion
    • Growth Opportunity 2—Renewable Energy and Power Systems
    • Strategic Imperatives for Success and Growth
  • Low Voltage Harmonic Filters Segment Analysis
    • Low Voltage Harmonic Filters Segment—Key Findings
    • Low Voltage Harmonic Filters Segment—Market Engineering Measurements
      • Table Low Voltage Harmonic Filters Segment: Market Engineering Measurements, Global, 2017
    • Low Voltage Harmonic Filters Segment—Revenue Forecast
      • Table Low Voltage Harmonic Filters Segment: Revenue Forecast, Global, 2014–2024
    • Low Voltage Harmonic Filters Segment—Revenue Forecast Discussion
    • Low Voltage Harmonic Filters Segment—Revenue Forecast by Vertical Market
      • Table Low Voltage Harmonic Filters Segment: Revenue Forecast by Vertical Market, Global, 2014–2024
    • Low Voltage Harmonic Filters Segment—Revenue Forecast Discussion by Vertical Market
    • Low Voltage Harmonic Filters Segment—Revenue Forecast by Technology
      • Table Low Voltage Harmonic Filters Segment: Revenue Forecast by Technology, Global, 2014–2024
    • Low Voltage Harmonic Filters Segment—Revenue Forecast Discussion by Technology
    • Low Voltage Harmonic Filters Segment—Percent Revenue Forecast by Region
      • Table Low Voltage Harmonic Filters Segment: Percent Revenue Forecast by Region, Global, 2014–2024
    • Low Voltage Harmonic Filters Segment—Revenue Forecast by Region
      • Table Low Harmonic Filters Segment: Revenue Forecast by Region, Global, 2014–2024
    • Low Voltage Harmonic Filters Segment—Revenue Forecast Discussion by Region
    • Low Voltage Harmonic Filters Segment—Market Share
    • Low Voltage Harmonic Filters Segment—Market Share Analysis
      • Table Low Voltage Harmonic Filters Segment: Market Share Analysis of Top 5 Participants, Global, 2017
    • Low Voltage Harmonic Filters Segment—Active Filters Market Share
    • Low Voltage Harmonic Filters Segment—Passive Filters Market Share
    • Low Voltage Harmonic Filters Segment—Competitive Environment
    • Low Voltage Harmonic Filters Segment—Competitive Factors and Assessment
  • North America Breakdown
    • North American Low Voltage Harmonic Filters Segment— Revenue Forecast
      • Table Low Voltage Harmonic Filters Segment: Revenue Forecast, North America, 2014–2024
    • North American Market—Revenue Forecast Discussion
  • Europe Breakdown
    • European Low Voltage Harmonic Filters Segment— Revenue Forecast
      • Table Low Voltage Harmonic Filters Segment: Revenue Forecast, Europe, 2014–2024
    • European Market—Revenue Forecast Discussion
  • APAC Breakdown
    • APAC Low Voltage Harmonic Filters Segment—Revenue Forecast
      • Table Low Voltage Harmonic Filters Segment: Revenue Forecast, APAC, 2014–2024
    • APAC Market—Revenue Forecast Discussion
  • Latin America Breakdown
    • Latin American Low Voltage Harmonic Filters Segment— Revenue Forecast
      • Table Low Voltage Harmonic Filters Segment: Revenue Forecast, Latin America, 2014–2024
    • Latin American Market—Revenue Forecast Discussion
  • RoW Breakdown
    • RoW Low Voltage Harmonic Filters Segment—Revenue Forecast
      • Table Low Voltage Harmonic Filters Segment: Revenue Forecast, RoW, 2014–2024
    • RoW Market—Revenue Forecast Discussion
  • Medium Voltage Harmonic Filters Segment Breakdown
    • Medium Voltage Harmonic Filters Segment—Key Findings
    • Medium Voltage Harmonic Filters Segment—Market Engineering Measurements
      • Table Medium Voltage Harmonic Filters Market: Market Engineering Measurements, Global, 2017
    • Medium Voltage Harmonic Filters Segment—Revenue Forecast
    • Medium Voltage Harmonic Filters Segment—Revenue Forecast Discussion
    • Medium Voltage Harmonic Filters Segment—Revenue Forecast by Vertical Market
      • Table Medium Voltage Harmonic Filters Segment: Revenue Forecast by Vertical Market, Global, 2014–2024
    • Medium Voltage Harmonic Filters Segment—Revenue Forecast Discussion by Vertical Market
    • Medium Voltage Harmonic Filters Segment—Revenue Forecast by Technology
      • Table Medium Voltage Harmonic Filters Segment: Revenue Forecast by Technology, Global, 2014–2024
    • Medium Voltage Harmonic Filters Segment—Revenue Forecast Discussion by Technology
    • Medium Voltage Harmonic Filters Segment—Percent Revenue Forecast by Region
      • Table Medium Voltage Harmonic Filters Segment: Percent Revenue Forecast by Region, Global, 2014–2024
    • Medium Voltage Harmonic Filters Segment—Revenue Forecast by Region
      • Table Medium Voltage Harmonic Filters Segment: Revenue Forecast by Region, Global, 2014–2024
    • Medium Voltage Harmonic Filters Segment—Revenue Forecast Discussion by Region
    • Medium Voltage Harmonic Filters Segment—Market Share
    • Medium Voltage Harmonic Filters Segment—Market Share Analysis
      • Table Medium Voltage Harmonic Filters Segment: Market Share Analysis of Top 5 Participants, Global, 2017
    • Medium Voltage Harmonic Filters Segment—Active Filters Market Share
    • Medium Voltage Harmonic Filters Segment—Passive Filters Share
    • Medium Voltage Harmonic Filters Segment—Competitive Environment
    • Medium Voltage Harmonic Filters Segment—Competitive Factors and Assessment
  • North America Breakdown
    • North American Medium Voltage Harmonic Filters Segment—Revenue Forecast
      • Table Medium Voltage Harmonic Filters Segment: Revenue Forecast, North America, 2014–2024
    • North American Market—Revenue Forecast Discussion
  • Europe Breakdown
    • European Medium Voltage Harmonic Filters Segment— Revenue Forecast
      • Table Medium Voltage Harmonic Filters Segment: Revenue Forecast, Europe, 2014–2024
    • European Market—Revenue Forecast Discussion
  • APAC Breakdown
    • APAC Medium Voltage Harmonic Filters Segment— Revenue Forecast
      • Table Medium Voltage Harmonic Filters Segment: Revenue Forecast, APAC, 2014–2024
    • APAC Market—Revenue Forecast Discussion
  • Latin America Breakdown
    • Latin American Medium Voltage Harmonic Filters Segment—Revenue Forecast
      • Table Medium Voltage Harmonic Filters Segment: Revenue Forecast, Latin America, 2014–2024
    • Latin American Harmonic Filters Segment—Revenue Forecast Discussion
  • RoW Breakdown
    • RoW Medium Voltage Harmonic Filters Segment— Revenue Forecast
      • Table Medium Voltage Harmonic Filters Segment: Revenue Forecast, RoW, 2014–2024
    • RoW Market—Revenue Forecast Discussion
  • High Voltage Harmonic Filters Segment Breakdown
    • High Voltage Harmonic Filters Segment—Key Findings
    • High Voltage Harmonic Filters Segment—Market Engineering Measurements
      • Table High Voltage Harmonic Filters Segment: Market Engineering Measurements, Global, 2017
    • High Voltage Harmonic Filters Segment—Revenue Forecast
      • Table High Voltage Harmonic Filters Segment: Revenue Forecast, Global, 2014–2024
    • High Voltage Harmonic Filters Segment—Revenue Forecast Discussion
    • High Voltage Harmonic Filters Segment—Revenue Forecast by Vertical Market
      • Table High Voltage Harmonic Filters Segment: Revenue Forecast by Vertical Market, Global, 2014–2024
    • High Voltage Harmonic Filters Segment—Revenue Forecast Discussion by Vertical Market
    • High Voltage Harmonic Filters Segment—Revenue Forecast by Technology
      • Table High Voltage Harmonic Filters Segment: Revenue Forecast by Technology, Global, 2014–2024
    • High Voltage Harmonic Filters Segment—Revenue Forecast Discussion by Technology
    • High Voltage Harmonic Filters Segment—Percent Revenue Forecast by Region
      • Table High Voltage Harmonic Filters Segment: Percent Revenue Forecast by Region, Global, 2014–2024
    • High Voltage Harmonic Filters Segment—Revenue Forecast by Region
      • Table High Voltage Harmonic Filters Segment: Revenue Forecast by Region, Global, 2014–2024
    • High Voltage Harmonic Filters Segment—Revenue Forecast Discussion by Region
    • High Voltage Harmonic Filters Segment—Market Share
    • High Voltage Harmonic Filters Segment—Market Share Analysis
      • Table High Voltage Harmonic Filters Segment: Percent of Sales, Global, 2017
    • High Voltage Harmonic Filters Segment—Active Filters Share
    • High Voltage Harmonic Filters Segment—Passive Filters Share
    • High Voltage Harmonic Filters Segment—Competitive Environment
    • High Voltage Harmonic Filters Segment—Competitive Factors and Assessment
  • North America Breakdown
    • North American High Voltage Harmonic Filters Segment—Revenue Forecast
      • Table High Voltage Harmonic Filters Segment: Revenue Forecast, North America, 2014–2024
    • North American Market—Revenue Forecast Discussion
  • Europe Breakdown
    • European High Voltage Harmonic Filters Segment— Revenue Forecast
      • Table High Voltage Harmonic Filters Segment: Revenue Forecast, Europe, 2014–2024
    • European Market—Revenue Forecast Discussion
  • APAC Breakdown
    • APAC High Voltage Harmonic Filters Segment—Revenue Forecast
      • Table High Voltage Harmonic Filters Segment: Revenue Forecast, APAC, 2014–2024
    • APAC Market—Revenue Forecast Discussion
  • Latin America Breakdown
    • Latin America High Voltage Harmonic Filters Segment— Revenue Forecast
      • Table High Voltage Harmonic Filters Segment: Revenue Forecast, Latin America, 2014–2024
    • Latin America Market—Revenue Forecast Discussion
  • RoW Breakdown
    • RoW Harmonic Filters Segment—Revenue Forecast
      • Table High Voltage Harmonic Filters Segment: Revenue Forecast, RoW, 2014–2024
    • RoW Market—Revenue Forecast Discussion
  • The Last Word
    • The Last Word—3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • List of Companies
    • Partial List of Companies Interviewed
    • Abbreviations and Acronyms Used

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