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Global Harmonic Filters Market 2018-2022

Global Harmonic Filters Market 2018-2022

About this market

The rising investments in renewable energy to trend in the market. Resources available for industries across the world are limited as most government has imposed strict regulations to control the use of resources. Consumers are also motivated to use eco-friendly products. Technavio’s analysts have predicted that the harmonic filters market will register a CAGR of more than 4% by 2022.

Market Overview

Rising need to improve power quality

Power quality refers to the efficiency of power. High power quality refers to a situation when a power supply is always available and within the required frequency and the voltage tolerance and sinusoidal waveform do not have any sags, spikes, or other electronic disturbances. Power network reliability issues have increased the need for efficient power supply in industrial and commercial premises.

High cost of installation

Though harmonic filters provide better return on investment, end-users must make significant investments compared with economical alternatives such as line reactors and load reactors. The high switching cost is a major obstacle for end-users to implement these filters in their production processes.

For the detailed list of factors that will drive and challenge the growth of the harmonic filters market during the 2018-2022, view our report.

Competitive Landscape

The global harmonic filters market is predicted to become moderately concentrated with the presence of a few manufacturers who offer two types of harmonic filters namely, passive harmonic filters (PHFs) and active harmonic filters (AHFs). Factors such as the rising need to improve power quality and advent of IoT, will provide considerable growth opportunities to harmonic filter manufactures. ABB, Danfoss, SCHAFFNER, Schneider Electric and Eaton are some of the major companies covered in this report.

‘With the presence of a considerable number of companies, this market appears to be concentrated. Some of the leading harmonic filter manufacturers are focused on developing advanced equipment that meets the expectations of the end-users. This market study provides an extensive analysis of the harmonic filtration sector by considering the evolving demographics and consumer behavior in the market.’"


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Harmonic Filters Market 2018-2022

Technavio recognizes the following companies as the key players in the global harmonic filters market: ABB, Danfoss, SCHAFFNER, Schneider Electric and Eaton.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the rising investments in renewable energy.”

According to the report, one of the major drivers for this market is the rising need to improve power quality.

Further, the report states that one of the major factors hindering the growth of this market is the high cost of installation."

Companies Mentioned

ABB

Danfoss

Eaton

SCHAFFNER

Schneider Electric

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Global harmonic filters market: Segments
  • Market sizing
    • Market definition
      • Table Market definition: Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global harmonic filters market: Market size and forecast 2017-2022 ($ mn)
      • Table Global harmonic filters market: Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition: Five forces 2017
  • Market segmentation by product
    • Overview
      • Table Segmentation by product: Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • PHF – Market size and forecast 2017-2022
      • Table PHF: Market size and forecast 2017-2022 ($ mn)
      • Table Applications of PHFs
      • Table PHF: Year-over-year growth 2018-2022 (%)
    • AHF – Market size and forecast 2017-2022
      • Table AHF: Market size and forecast 2017-2022 ($ mn)
      • Table Applications of AHFs
      • Table AHF: Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Overview
      • Table Segmentation by end-user: Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Industrial – Market size and forecast 2017-2022
      • Table Industrial: Market size and forecast 2017-2022 ($ mn)
      • Table Industrial: Year-over-year growth 2018-2022 (%)
    • Non-industrial – Market size and forecast 2017- 2022
      • Table Non-industrial: Market size and forecast 2017-2022 ($ mn)
      • Table Non-industrial: Year-over-year growth 2018-2022 (%)
      • Table Notable upcoming data center projects in APAC
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Segmentation by geography: Market share 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC – Market size and forecast 2017-2022
      • Table APAC: Market size and forecast 2017-2022 ($ mn)
      • Table APAC: Year-over-year growth 2018-2022 (%)
    • EMEA – Market size and forecast 2017-2022
      • Table EMEA: Market size and forecast 2017-2022 ($ mn)
      • Table EMEA: Year-over-year growth 2018-2022 (%)
    • Americas – Market size and forecast 2017-2022
      • Table Americas: Market size and forecast 2017-2022 ($ mn)
      • Table Americas: Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table THDV level
      • Table Benefits of smart grids
    • Market challenges
      • Table Typical cost structure of VFDs with different types of harmonic mitigating solutions ($ thousand)
  • Market trends
    • Rising investments in renewable sources of energy
    • Advent of IoT
    • Evolving competitive scenario
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competition review
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table ABB: Overview
      • Table ABB: Business segments
      • Table ABB: Organizational developments
      • Table ABB: Geographic focus
      • Table ABB: Segment focus
      • Table ABB: Key offerings
    • Danfoss
      • Table Danfoss: Overview
      • Table Danfoss: Business segments
      • Table Danfoss: Organizational developments
      • Table Danfoss: Geographic focus
      • Table Danfoss: Segment focus
      • Table Danfoss: Key offerings
    • Eaton
      • Table Eaton: Overview
      • Table Eaton: Business segments
      • Table Eaton: Organizational developments
      • Table Eaton: Geographic focus
      • Table Eaton: Segment focus
      • Table Eaton: Key offerings
    • SCHAFFNER
      • Table SCHAFFNER: Overview
      • Table SCHAFFNER: Business segments
      • Table SCHAFFNER: Organizational developments
      • Table SCHAFFNER: Geographic focus
      • Table SCHAFFNER: Segment focus
      • Table SCHAFFNER: Key offerings
    • Schneider Electric
      • Table Schneider Electric: Overview
      • Table Schneider Electric: Business segments
      • Table Schneider Electric: Organizational developments
      • Table Schneider Electric: Geographic focus
      • Table Schneider Electric: Segment focus
      • Table Schneider Electric: Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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