Market Overview:
The global advanced harmonic filters market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for harmonic filters from transmission and distribution, industry, and other applications. Additionally, the growing awareness about energy conservation is also propelling the growth of this market. However, fluctuations in prices of raw materials used in manufacturing harmonic filters may restrain the growth of this market to some extent during the forecast period. On basis of type, passive filters accounted for a major share of the global advanced harmonic filters market in 2017. This can be attributed to their low cost as compared to active and hybrid Filters . Active Filters are witnessing high adoption due their ability to reduce harmonics without any power loss . On basis on application , transmission and distribution accounted for majority share followed by industry sector during 2017 .
Product Definition:
An advanced harmonic filter is a device that is used to remove harmonics from an AC electrical signal. This type of filter is important because it can help to improve the quality of the signal and also reduce or eliminate any noise or interference that may be present.
Passive Filters:
Passive filters are passive components used to reduce the noise generated by electronic devices. They are mainly used in power amplifiers, oscillators and audio circuits among others. The factors that propel their growth include growing demand for high-performance electronics coupled with increasing awareness regarding the benefits offered by them.
Active Filters:
Active filters are used in the Advanced Harmonic Filters (AHF) to remove higher order harmonics and other unwanted frequencies. The removal of these high order or dominant frequencies reduces the overall noise of the system, thus improving performance.
The active filter is a circuit that helps to reduce or eliminate certain frequencies from entering into a signal path. It does this by using one or more passive components such as resistors, capacitors, inductors etc.
Application Insights:
The industry segment accounted for the largest market share in 2017 and is anticipated to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for advanced harmonic filters from various industries including power, oil & gas, healthcare, telecom sectors among others. Transmission and distribution application is expected to witness significant growth owing to its rising adoption in electricity generation and transmission networks across countries such as India, China Japan among others.
Regional Analysis:
The North American regional market dominated the global advanced harmonic filters industry in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing adoption of power quality filters in sensitive electronic equipment such as smartphones, laptops, and cameras among others. Moreover, rising demand for energy-efficient products is also anticipated to drive the market growth over this region.
The Asia Pacific regional market is projected to witness significant growth during the forecast period owing to rapid industrialization along with growing need for better infrastructure development in emerging countries such as China and India among others are likely boost product demand across industries including transportation & communication, electricity distribution & production (D&P), etc. Furthermore, favorable government initiatives pertaining Harmonic Filters Market are further expected ‰â€â€“ “˜to help promote exports from developed economies like U.S.
Growth Factors:
- Increasing demand for harmonic filters in the industrial sector to meet the stringent regulatory norms.
- Growing awareness about the benefits of using advanced harmonic filters among industrial users for efficient power management.
- Rising demand from developing countries due to increasing investments in infrastructure and manufacturing sectors.
- Technological advancements that have led to development of more efficient and compact harmonic filters, which is expected to boost market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Advanced Harmonic Filters Market Research Report
By Type
Passive Filters, Active Filters, Hybrid Filters
By Application
Transmission and Distribution, Industry, Other
By Companies
Eaton, ABB, NHP, MTE Corporation, Schneider Electric, Schaffner, Arteche, L&T
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Advanced Harmonic Filters Market Report Segments:
The global Advanced Harmonic Filters market is segmented on the basis of:
Types
Passive Filters, Active Filters, Hybrid Filters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transmission and Distribution, Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eaton
- ABB
- NHP
- MTE Corporation
- Schneider Electric
- Schaffner
- Arteche
- L&T
Highlights of The Advanced Harmonic Filters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Passive Filters
- Active Filters
- Hybrid Filters
- By Application:
- Transmission and Distribution
- Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Advanced Harmonic Filters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Advanced Harmonic Filters (AHFs) are a type of digital audio processor used to reduce noise and distortion in an audio signal. AHFs can be used to improve the sound quality of music, video, and other audio content.
Some of the major companies in the advanced harmonic filters market are Eaton, ABB, NHP, MTE Corporation, Schneider Electric, Schaffner, Arteche, L&T.
The advanced harmonic filters market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Advanced Harmonic Filters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Advanced Harmonic Filters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Advanced Harmonic Filters Market - Supply Chain
4.5. Global Advanced Harmonic Filters Market Forecast
4.5.1. Advanced Harmonic Filters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Advanced Harmonic Filters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Advanced Harmonic Filters Market Absolute $ Opportunity
5. Global Advanced Harmonic Filters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Advanced Harmonic Filters Market Size and Volume Forecast by Type
5.3.1. Passive Filters
5.3.2. Active Filters
5.3.3. Hybrid Filters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Advanced Harmonic Filters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Advanced Harmonic Filters Market Size and Volume Forecast by Application
6.3.1. Transmission and Distribution
6.3.2. Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Advanced Harmonic Filters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Advanced Harmonic Filters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Advanced Harmonic Filters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Advanced Harmonic Filters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Advanced Harmonic Filters Demand Share Forecast, 2019-2026
9. North America Advanced Harmonic Filters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Advanced Harmonic Filters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Advanced Harmonic Filters Market Size and Volume Forecast by Application
9.4.1. Transmission and Distribution
9.4.2. Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Advanced Harmonic Filters Market Size and Volume Forecast by Type
9.7.1. Passive Filters
9.7.2. Active Filters
9.7.3. Hybrid Filters
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Advanced Harmonic Filters Demand Share Forecast, 2019-2026
10. Latin America Advanced Harmonic Filters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Advanced Harmonic Filters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Advanced Harmonic Filters Market Size and Volume Forecast by Application
10.4.1. Transmission and Distribution
10.4.2. Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Advanced Harmonic Filters Market Size and Volume Forecast by Type
10.7.1. Passive Filters
10.7.2. Active Filters
10.7.3. Hybrid Filters
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Advanced Harmonic Filters Demand Share Forecast, 2019-2026
11. Europe Advanced Harmonic Filters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Advanced Harmonic Filters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Advanced Harmonic Filters Market Size and Volume Forecast by Application
11.4.1. Transmission and Distribution
11.4.2. Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Advanced Harmonic Filters Market Size and Volume Forecast by Type
11.7.1. Passive Filters
11.7.2. Active Filters
11.7.3. Hybrid Filters
11.8 Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Advanced Harmonic Filters Demand Share, 2019-2026
12. Asia Pacific Advanced Harmonic Filters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Advanced Harmonic Filters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Advanced Harmonic Filters Market Size and Volume Forecast by Application
12.4.1. Transmission and Distribution
12.4.2. Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Advanced Harmonic Filters Market Size and Volume Forecast by Type
12.7.1. Passive Filters
12.7.2. Active Filters
12.7.3. Hybrid Filters
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Advanced Harmonic Filters Demand Share, 2019-2026
13. Middle East & Africa Advanced Harmonic Filters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Advanced Harmonic Filters Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Advanced Harmonic Filters Market Size and Volume Forecast by Application
13.4.1. Transmission and Distribution
13.4.2. Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Advanced Harmonic Filters Market Size and Volume Forecast by Type
13.7.1. Passive Filters
13.7.2. Active Filters
13.7.3. Hybrid Filters
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Advanced Harmonic Filters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Advanced Harmonic Filters Market: Market Share Analysis
14.2. Advanced Harmonic Filters Distributors and Customers
14.3. Advanced Harmonic Filters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eaton
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NHP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MTE Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Schaffner
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arteche
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. L&T
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
