Harmonic Filter Market by Type, Voltage Level, Phase Type, Frequency, Application

Description

List of Tables

The Global Harmonic Filter Market is forecasted to grow significantly, with a projected USD 1,658.05 million in 2023 at a CAGR of 6.58% and expected to reach a staggering USD 2,607.61 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Harmonic Filter Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Harmonic Filter Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Active and Passive. The Active is further studied across Hybrid Filter, Parallel Filter, and Series Filter. The Passive commanded largest market share of 56.32% in 2022, followed by Active.

Based on Voltage Level, market is studied across High Voltage Harmonic Filter, Low Voltage Harmonic Filter, and Medium Voltage Harmonic Filter. The High Voltage Harmonic Filter commanded largest market share of 44.65% in 2022, followed by Medium Voltage Harmonic Filter.

Based on Phase Type, market is studied across Single-Phase Harmonic Filter and Three-Phase Harmonic Filter. The Single-Phase Harmonic Filter commanded largest market share of 67.88% in 2022, followed by Three-Phase Harmonic Filter.

Based on Frequency, market is studied across 50 Hz and 60 Hz. The 60 Hz commanded largest market share of 51.23% in 2022, followed by 50 Hz.

Based on Application, market is studied across Automated Machinery, Heating, Ventilation, and Air Conditioning, Industrial Machinary, Mining Industry, Oil & Gas Industry, Printing & Packaging Machinery, and Water & Wastewater. The Industrial Machinary commanded largest market share of 31.23% in 2022, followed by Automated Machinery.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.23% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Harmonic Filter Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Harmonic Filter Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Harmonic Filter Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Harmonic Filter Market?

4. What is the competitive strategic window for opportunities in the Global Harmonic Filter Market?

5. What are the technology trends and regulatory frameworks in the Global Harmonic Filter Market?

6. What is the market share of the leading vendors in the Global Harmonic Filter Market?

7. What modes and strategic moves are considered suitable for entering the Global Harmonic Filter Market?

Product Code: MRR-2648404B6094

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Harmonic Filter Market, by Type, 2022 vs 2030
4.3. Harmonic Filter Market, by Voltage Level, 2022 vs 2030
4.4. Harmonic Filter Market, by Phase Type, 2022 vs 2030
4.5. Harmonic Filter Market, by Frequency, 2022 vs 2030
4.6. Harmonic Filter Market, by Application, 2022 vs 2030
4.7. Harmonic Filter Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Need for Efficient Power Quality and Rise in Demand for Static Converters and Power Inverters
  - 5.1.1.2. Increasing Adoption of Variable Frequency Drives and Installation of Data Centers
- 5.1.2. Restraints
  - 5.1.2.1. Increasing Cost of Harmonic Filters
- 5.1.3. Opportunities
  - 5.1.3.1. Technological Advancements in Harmonic Filters
  - 5.1.3.2. Increasing Renewable Energy Production and Integration of Harmonic Filters into Electric Grids
- 5.1.4. Challenges
  - 5.1.4.1. Limitations Associated With the Use of Harmonic Filters
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Harmonic Filter Market, by Type

6.1. Introduction
6.2. Active
- 6.2.1. Hybrid Filter
- 6.2.2. Parallel Filter
- 6.2.3. Series Filter
6.3. Passive

7. Harmonic Filter Market, by Voltage Level

7.1. Introduction
7.2. High Voltage Harmonic Filter
7.3. Low Voltage Harmonic Filter
7.4. Medium Voltage Harmonic Filter

8. Harmonic Filter Market, by Phase Type

8.1. Introduction
8.2. Single-Phase Harmonic Filter
8.3. Three-Phase Harmonic Filter

9. Harmonic Filter Market, by Frequency

9.1. Introduction
9.2. 50 Hz
9.3. 60 Hz

10. Harmonic Filter Market, by Application

10.1. Introduction
10.2. Automated Machinery
10.3. Heating, Ventilation, and Air Conditioning
10.4. Industrial Machinary
10.5. Mining Industry
10.6. Oil & Gas Industry
10.7. Printing & Packaging Machinery
10.8. Water & Wastewater

11. Americas Harmonic Filter Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Harmonic Filter Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Harmonic Filter Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player

15. List of Company Mentioned

16. Appendix

16.1. Discussion Guide
16.2. License & Pricing