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The newly launched report by Stratview Research, titled ‘Harmonic Filter Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026’ has been bifurcated by Filter Type (Active Harmonic Filter and Passive Harmonic Filter), by Voltage Level Type (Low-Voltage Harmonic Filter, Medium-Voltage Harmonic Filter, and High-Voltage Harmonic Filter), by Phase Type (Single-Phase Harmonic Filter and Three-Phase Harmonic Filter), by End-User Type (Manufacturing, Metal Processing, Pulp & Paper, Data & IT Center, Oil & Gas, and Others), and by Region (North America, Europe, Asia-Pacific, and RoW).

According to the report 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.

How does this report help?

Reports published by Stratview Research helps the users in several ways. The user can –

  • Gain a deeper understanding of the market and the impact of Covid-19 on the market.
  • Get rigorous analysis and progressive insights into the market across the globe.
  • Assess current and future market trends, and challenges of the market.
  • Gain a comprehensive view on the growth strategies of the key players.
  • Get updates related to recent changes, M&As, new product launches and many such news related to the market, and even more.

Market Segmentation Analysis –

The market is segmented based on the filter type as passive harmonic filter and active harmonic filter. Passive harmonic filter is likely to remain the most dominant filter type in the market during the forecast period. Passive filters are best suitable for constant loads, as they eliminate or bypass lower order fixed harmonics of current or voltage by tuning passive filters at the resonance frequency. However, active harmonic filter is likely to be the faster-growing filter type segment of the market, owing to its superior harmonic elimination factor as it doesn’t get easily overloaded even if reaches its limit.

Based on the voltage level type, the harmonic filters market is segmented as low-voltage, medium-voltage, and high-voltage harmonic filter. Low-voltage harmonic filter is projected to remain the largest segment of the market during the forecast period. Whereas, medium-voltage harmonic filter, another considerable segment, is likely to grow at an impressive rate in the market during the same period.

Based on the phase type, the harmonic filters market is segmented as single-phase harmonic filter and three-phase harmonic filter. Three-phase harmonic filter is projected to maintain its dominance in the market over the next five years. The segment is also likely to grow at an impressive rate in the market during the same period, owing to its diversified usage in high-end industrial applications, such as manufacturing and metal processing, as well as in commercial applications, such as data and IT center, malls, and airports.

Key Players

The following are the key players in the market-

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

Research Methodology

Stratview Research's reports are the result of a thorough analysis that combines thorough secondary, and primary interviews with industry leaders, and confirmation using unique internal database and statistical methods. More than 1,000 verified secondary sources, such as annual reports from companies, press releases, fact books, journals, white papers, and blogs are reviewed and analysed.

Request a sample here- https://www.stratviewresearch.com/Request-Sample/385/Harmonic-Filter-Market.html#form

About Stratview Research –

Stratview Research is one of the leading providers of custom and syndicated market research reports. We also offer services like Sourcing, Market Entry Strategy, Target Screening, Voice of Market Study, and much more. In case of any requirement related to market assessment, competitive benchmarking, and others, please send your inquiry to the team.

Email atsales@stratviewresearch.com

Connect with the analysts at – +1-313-307-4176.

 

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