Global three-phase harmonic filters market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for energy efficiency and reduction in carbon emissions from power generation plants, which are driving the need for harmonic filters in power distribution networks. The global three-phase harmonic filters market is segmented on the basis of type, application and region. On the basis of type, it is classified into low voltage harmonic filter, medium voltage harmonic filter and high voltage harmonics filter. On the basis of application, it is classified into industrial applications (such as steel mills), commercial applications (such as office buildings) and residential applications (such as homes). On the basis of region, it is classified into North America (the US, Canada), Latin America (Brazil), Europe (Germany), Asia Pacific excluding Japan (China) and Middle East & Africa.
Some Of The Growth Factors Of This Market:
- The increasing demand for power in developing countries is expected to drive the growth of the three-phase harmonic filters market.
- The increasing awareness about the harmful effects of harmonics on electrical equipment and human beings is also expected to fuel the growth of this market.
- The need for harmonic filters in order to comply with international standards such as IEC, IEEE, and UL is also expected to drive this market's growth over the forecast period.
- Increasing investments by governments in infrastructure projects such as power plants are also anticipated to boost this market's growth over the forecast period.
- Stringent regulations imposed by governments on power distribution companies are anticipated to have a positive impact on this market's growth over the forecast period.
Industry Growth Insights published a new data on “Three-phase Harmonic Filters Market”. The research report is titled “Three-phase Harmonic Filters Market research by Types (Low Voltage Harmonic, Medium Voltage Harmonic, High Voltage Harmonic), By Applications (Industrial, Commercial, Residential), By Players/Companies ABB (Switzerland), Baron Power (India), Comsys (Sweden), Schneider Electric (France), Eaton (Ireland), Danfoss A/S (Denmark), Siemens (Germany), Crompton Greaves (India), TDK (Japan), Schaffner (Switzerland), MTE (US), TCI (US), Enspec Power (UK), Larsen & Toubro (India), Arteche (Spain), AVX (US), Mirus International (Canada), LPI-NZ (Australia), Mesta Electronics (US), REO AG (Germany)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Three-phase Harmonic Filters Market Research Report
By Type
Low Voltage Harmonic, Medium Voltage Harmonic, High Voltage Harmonic
By Application
Industrial, Commercial, Residential
By Companies
ABB (Switzerland), Baron Power (India), Comsys (Sweden), Schneider Electric (France), Eaton (Ireland), Danfoss A/S (Denmark), Siemens (Germany), Crompton Greaves (India), TDK (Japan), Schaffner (Switzerland), MTE (US), TCI (US), Enspec Power (UK), Larsen & Toubro (India), Arteche (Spain), AVX (US), Mirus International (Canada), LPI-NZ (Australia), Mesta Electronics (US), REO AG (Germany)
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Three-phase Harmonic Filters Market Report Segments:
The global Three-phase Harmonic Filters market is segmented on the basis of:
Types
Low Voltage Harmonic, Medium Voltage Harmonic, High Voltage Harmonic
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
Industrial, Commercial, Residential
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:
- ABB (Switzerland)
- Baron Power (India)
- Comsys (Sweden)
- Schneider Electric (France)
- Eaton (Ireland)
- Danfoss A/S (Denmark)
- Siemens (Germany)
- Crompton Greaves (India)
- TDK (Japan)
- Schaffner (Switzerland)
- MTE (US)
- TCI (US)
- Enspec Power (UK)
- Larsen & Toubro (India)
- Arteche (Spain)
- AVX (US)
- Mirus International (Canada)
- LPI-NZ (Australia)
- Mesta Electronics (US)
- REO AG (Germany)
Highlights of The Three-phase 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:
- Low Voltage Harmonic
- Medium Voltage Harmonic
- High Voltage Harmonic
- By Application:
- Industrial
- Commercial
- Residential
- 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 Three-phase 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.
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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?
Three-phase harmonic filters are used to reduce the noise and interference caused by electrical power lines.
Some of the major players in the three-phase harmonic filters market are ABB (Switzerland), Baron Power (India), Comsys (Sweden), Schneider Electric (France), Eaton (Ireland), Danfoss A/S (Denmark), Siemens (Germany), Crompton Greaves (India), TDK (Japan), Schaffner (Switzerland), MTE (US), TCI (US), Enspec Power (UK), Larsen & Toubro (India), Arteche (Spain), AVX (US), Mirus International (Canada), LPI-NZ (Australia), Mesta Electronics (US), REO AG (Germany).
The three-phase harmonic filters market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Three-phase 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. Three-phase 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. Three-phase Harmonic Filters Market - Supply Chain
4.5. Global Three-phase Harmonic Filters Market Forecast
4.5.1. Three-phase Harmonic Filters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Three-phase Harmonic Filters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Three-phase Harmonic Filters Market Absolute $ Opportunity
5. Global Three-phase 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. Three-phase Harmonic Filters Market Size and Volume Forecast by Type
5.3.1. Low Voltage Harmonic
5.3.2. Medium Voltage Harmonic
5.3.3. High Voltage Harmonic
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Three-phase 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. Three-phase Harmonic Filters Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Commercial
6.3.3. Residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Three-phase 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. Three-phase 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 Three-phase 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. Three-phase 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 Three-phase Harmonic Filters Demand Share Forecast, 2019-2026
9. North America Three-phase 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 Three-phase 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 Three-phase Harmonic Filters Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Commercial
9.4.3. Residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Three-phase Harmonic Filters Market Size and Volume Forecast by Type
9.7.1. Low Voltage Harmonic
9.7.2. Medium Voltage Harmonic
9.7.3. High Voltage Harmonic
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 Three-phase Harmonic Filters Demand Share Forecast, 2019-2026
10. Latin America Three-phase 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 Three-phase 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 Three-phase Harmonic Filters Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Commercial
10.4.3. Residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Three-phase Harmonic Filters Market Size and Volume Forecast by Type
10.7.1. Low Voltage Harmonic
10.7.2. Medium Voltage Harmonic
10.7.3. High Voltage Harmonic
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 Three-phase Harmonic Filters Demand Share Forecast, 2019-2026
11. Europe Three-phase 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 Three-phase 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 Three-phase Harmonic Filters Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Commercial
11.4.3. Residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Three-phase Harmonic Filters Market Size and Volume Forecast by Type
11.7.1. Low Voltage Harmonic
11.7.2. Medium Voltage Harmonic
11.7.3. High Voltage Harmonic
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 Three-phase Harmonic Filters Demand Share, 2019-2026
12. Asia Pacific Three-phase 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 Three-phase 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 Three-phase Harmonic Filters Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Commercial
12.4.3. Residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Three-phase Harmonic Filters Market Size and Volume Forecast by Type
12.7.1. Low Voltage Harmonic
12.7.2. Medium Voltage Harmonic
12.7.3. High Voltage Harmonic
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 Three-phase Harmonic Filters Demand Share, 2019-2026
13. Middle East & Africa Three-phase 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 Three-phase 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 Three-phase Harmonic Filters Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Commercial
13.4.3. Residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Three-phase Harmonic Filters Market Size and Volume Forecast by Type
13.7.1. Low Voltage Harmonic
13.7.2. Medium Voltage Harmonic
13.7.3. High Voltage Harmonic
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 Three-phase Harmonic Filters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Three-phase Harmonic Filters Market: Market Share Analysis
14.2. Three-phase Harmonic Filters Distributors and Customers
14.3. Three-phase Harmonic Filters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB (Switzerland)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Baron Power (India)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Comsys (Sweden)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider Electric (France)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton (Ireland)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Danfoss A/S (Denmark)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Siemens (Germany)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Crompton Greaves (India)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TDK (Japan)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Schaffner (Switzerland)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MTE (US)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TCI (US)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Enspec Power (UK)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Larsen & Toubro (India)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Arteche (Spain)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. AVX (US)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Mirus International (Canada)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. LPI-NZ (Australia)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Mesta Electronics (US)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. REO AG (Germany)
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook