Market Overview:
The global harmonic filter resistor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for harmonic filters in power plants and industrial applications. Additionally, the growing awareness about energy efficiency is also propelling the demand for harmonic filters in various end-use industries. Based on type, the global harmonic filter resistor market can be segmented into single-tuned, second-order, third-order, and C-type harmonics filters. Among these types, single tuned harmonics filters are expected to witness highest growth during the forecast period owing to their ability to remove specific harmonics from an AC signal without affecting other frequencies present in that signal. By application, power plants are expected to account for majority of the demand for harmonic filter resistors during the forecast period followed by industrial applications. However, with increasing focus on energy efficiency across various end-use industries such as automotive and electronics & semiconductors among others; there is a growing demand for harmonic filters even from small & medium enterprises (SMEs).
Product Definition:
A harmonic filter resistor is a type of resistor that is used to help reduce the level of harmonic distortion in an electrical circuit. This type of resistor is important because it can help improve the overall performance and efficiency of the circuit, while also reducing noise and other forms of interference.
Single-Tuned:
Single-tuned harmonic filters resistors are used in electronic circuits to protect them from the effects of electromagnetic interference. They act as a shield against radio frequency, magnetic, and electric fields. The product is widely used in mobile phones & communication equipment to prevent unwanted radiations from affecting the device performance.
Second-Order:
Second-order and it's usage in harmonic filter resistors market is a type of electronic component used to reduce the current fluctuations in an electrical system. These components are widely used across various applications such as power supplies, converters, step-down transformers among others. The increasing demand for energy efficiency across the globe has led to increased focus on power management technologies which is expected to have a positive impact on market growth over the forecast period.
Application Insights:
Based on the application, the global harmonic filter resistor market has been segmented into power plant, industrial, and others. The power plant application segment accounted for a major share in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to factors such as growing demand for electricity from residential and commercial sectors worldwide coupled with an increase in investments by governments in developing energy infrastructure.
The industrial sector is also anticipated to witness significant growth during the forecast period owing to factors such as increasing demand for precision engineered products that are used across a wide range of applications including medical equipment manufacturing facilities. Furthermore, technological advancements coupled with rising product consumption are expected to drive this industry over the coming years.
The other segments include consumer electronics.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major Harmonic Filters Manufacturers such as Maxim Integrated Products Inc.; Texas Instruments; and National Semiconductor. The region is expected to maintain its dominance over the forecast period due to increasing demand for energy conservation and emission reduction from power generation, industrial, transportation & logistics, communication & electronics industries.
Europe accounted for a significant share of revenue in 2017 owing to rising demand for harmonic filters from several end-use applications including power plant, industrial and others. The European Commission has set up numerous regulations regarding harmonic filter resistance values according to which manufacturers are required to tune their products accordingly or face penalties. This regulatory scenario is further anticipated drive regional growth over the forecast period.
Asia Pacific region is projected grow at a lucrative rate during the forecast years on account of rapid development witnessed by economies such as China.
Growth Factors:
- Increasing demand for harmonic filter resistor in the industrial sector to reduce harmonic distortion
- Growing popularity of renewable energy sources, which is expected to drive the demand for harmonic filter resistor over the forecast period
- Rising awareness about energy conservation and its benefits is anticipated to boost the market growth
- Technological advancements in harmonic filter resistor products that offer high performance and efficiency
- Growing number of installations of harmonics filters across various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Harmonic Filter Resistor Market Research Report
By Type
Single-Tuned, Second-Order, Third-Order, C-Type
By Application
Power Plant, Industrial, Others
By Companies
Telema Spa, Hilkar, MegaResistors, National Switchgears, Aktif Group, Vishay, Metal Deploye Resistor, Filnor, Inc., Post Glover, OHMIC RESISTORS, Resisturk, Powerohm, Backer Facsa
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Harmonic Filter Resistor Market Report Segments:
The global Harmonic Filter Resistor market is segmented on the basis of:
Types
Single-Tuned, Second-Order, Third-Order, C-Type
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
Power Plant, Industrial, Others
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:
- Telema Spa
- Hilkar
- MegaResistors
- National Switchgears
- Aktif Group
- Vishay
- Metal Deploye Resistor
- Filnor, Inc.
- Post Glover
- OHMIC RESISTORS
- Resisturk
- Powerohm
- Backer Facsa
Highlights of The Harmonic Filter Resistor 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:
- Single-Tuned
- Second-Order
- Third-Order
- C-Type
- By Application:
- Power Plant
- Industrial
- Others
- 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 Harmonic Filter Resistor 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?
A harmonic filter resistor is a component that filters out harmonics. Harmonic filters are used in audio and telecommunications applications to reduce the amplitude of unwanted signals.
Some of the major companies in the harmonic filter resistor market are Telema Spa, Hilkar, MegaResistors, National Switchgears, Aktif Group, Vishay, Metal Deploye Resistor, Filnor, Inc., Post Glover, OHMIC RESISTORS, Resisturk, Powerohm, Backer Facsa.
The harmonic filter resistor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Harmonic Filter Resistor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Harmonic Filter Resistor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Harmonic Filter Resistor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Harmonic Filter Resistor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Harmonic Filter Resistor Market Size & Forecast, 2020-2028
4.5.1 Harmonic Filter Resistor Market Size and Y-o-Y Growth
4.5.2 Harmonic Filter Resistor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single-Tuned
5.2.2 Second-Order
5.2.3 Third-Order
5.2.4 C-Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Power Plant
6.2.2 Industrial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Harmonic Filter Resistor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Harmonic Filter Resistor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single-Tuned
9.6.2 Second-Order
9.6.3 Third-Order
9.6.4 C-Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Power Plant
9.10.2 Industrial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single-Tuned
10.6.2 Second-Order
10.6.3 Third-Order
10.6.4 C-Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Power Plant
10.10.2 Industrial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single-Tuned
11.6.2 Second-Order
11.6.3 Third-Order
11.6.4 C-Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Power Plant
11.10.2 Industrial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single-Tuned
12.6.2 Second-Order
12.6.3 Third-Order
12.6.4 C-Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Power Plant
12.10.2 Industrial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single-Tuned
13.6.2 Second-Order
13.6.3 Third-Order
13.6.4 C-Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Power Plant
13.10.2 Industrial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Harmonic Filter Resistor Market: Competitive Dashboard
14.2 Global Harmonic Filter Resistor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Telema Spa
14.3.2 Hilkar
14.3.3 MegaResistors
14.3.4 National Switchgears
14.3.5 Aktif Group
14.3.6 Vishay
14.3.7 Metal Deploye Resistor
14.3.8 Filnor, Inc.
14.3.9 Post Glover
14.3.10 OHMIC RESISTORS
14.3.11 Resisturk
14.3.12 Powerohm
14.3.13 Backer Facsa
