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According to a new market report published by Credence Research, Inc., “Global Harmonic Filter\nMarket(By Type (Passive Harmonic Filters, Active Harmonic Filters, and Hybrid Harmonic Filters), By\nEnd-use (Industrial, Commercial, Residential,)

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credence research inc harmonic filter market

Credence Research Inc.

“Harmonic Filter Market- Growth, Share, Opportunities, Competitive

Analysis, and Forecast 2016 – 2023”

Sample Request

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com

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According to a new market report published by Credence Research, Inc., “Global Harmonic Filter

Market(ByType (Passive Harmonic Filters, Active Harmonic Filters, and Hybrid Harmonic Filters), By

End-use (Industrial, Commercial, Residential,), By Voltage Level (Low Voltage, Medium Voltage, and

High Voltage)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 -

2023” the global harmonic filter market is poised to witness steady growth, growing at a CAGR of

6.9% during the forecast period 2016 – 2023.

Browse the full Global Harmonic Filter (By Type (Passive Harmonic Filters, Active Harmonic

Filters, and Hybrid Harmonic Filters), By End-use (Industrial, Commercial, Residential,), By

Voltage Level (Low Voltage, Medium Voltage, and High Voltage)) Market - Growth, Share,

Opportunities,

Competitive

Analysis,

and

http://www.credenceresearch.com/report/harmonic-filter-market

Market Insights

Harmonics or distortions are ideally produced in an electrically powered system/equipment owing to

the presence of non-linear loads like variable frequency drives in the system. The transmission of

distortions in electrically powered machinery/equipment is the major cause behind power quality

issues. Large magnitude of harmonics can result in malfunctioning of the system, which leads to

downtime and increased operating costs. Thus, suppressing or mitigating such distortions is

extremely crucial to achieve power reliability and quality. A harmonic filter is electrically powered

equipment that is used to limit the effect of distortions in an electrical system.

Competitive Insights:

The global market for harmonic filters is moderately concentrated with top 4 players acquiring the

major chunk of the revenue share. Some of the leading players identified in the research study

include Schneider Electric SE (France), Siemens AG (Germany), ABB Ltd. (Switzerland), Schaffner

Holding AG (Germany), MTE Corporation (the United States), Emerson Network Power (the United

States), Eaton Corporation Plc (Ireland), Epcos AG (Germany), Comsys AB (Sweden), Danfoss A/S

(Denmark), and Baron Power Ltd. (India) among others. The global harmonic filters market has been

plagued by lack of product differentiation. This has resulted in profit crunching. Thus, application

specific product diversification and focus on product enhancement are some of the key strategies

adopted by harmonic filter manufacturers across the globe.

Key Trends:

Growing need to ensure power reliability and quality 

Mounting adoption of Variable Frequency Drives (VFDs), especially in industrial and

commercial applications 

Growing demand from commercial applications 

Forecast

2016

2023

report

at

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Browse the full Harmonic Filter Market - Growth, Future Prospects and Competitive Analysis, 2017 –

2025 report at http://www.credenceresearch.com/report/harmonic-filter-market

Latest Reports:

http://www.credenceresearch.com/report/automotive-electronics-control-unit-management-ecu-ecm-market

http://www.credenceresearch.com/report/class-ii-biological-safety-cabinets-market

About:

Credence Research is a worldwide market research and counseling firm that serves driving organizations,

governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with

making enduring enhancements to their execution and understand their most imperative objectives. Over almost

a century, we've manufactured a firm extraordinarily prepared for this task.

Media Contact

Name: Chris Smith

Address: 105 N 1st ST #429,

SAN JOSE, CA 95103 US

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com