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Global Harmonic Filter Market is Expected to Reach $1,212 Million by 2024, Says Variant Market Research

Global Harmonic Filter Market is Expected to Reach $1,212 Million by 2024, Says Variant Market Research

Global Harmonic Filter Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,212 million by 2024; growing at a CAGR of 6.5% from 2016 to 2024.Harmonics are generated in an electrical power system due to the presence of non-linear loads such as drives in the system.

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193 views • 15 slides
Global Harmonic Filter Market is Expected to Reach $1,212 Million by 2024, Says Variant Market Research

Global Harmonic Filter Market is Expected to Reach $1,212 Million by 2024, Says Variant Market Research

Global Harmonic Filter Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,212 million by 2024; growing at a CAGR of 6.5% from 2016 to 2024.Harmonics are generated in an electrical power system due to the presence of non-linear loads such as drives in the system. Harmonic filters are the equipment used to suppress the effect of harmonics in an electrical system. These filters help in controlling continuous harmonic alteration in electronic appliances. Harmonic filter are used in various application areas such as automotive, industrial, data centre & IT, oil & gas, and water treatment. Increased global demand for efficient functioning of industrial facilities coupled with rise in demand for stable appliances show increased harmonic filter market trends.

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Global Harmonic Filter Market is Expected to Reach USD 1212 Million by 2024

Global Harmonic Filter Market is Expected to Reach USD 1212 Million by 2024

Global Harmonic Filter Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,212 million by 2024; growing at a CAGR of 6.5% from 2016 to 2024.Harmonics are generated in an electrical power system due to the presence of non-linear loads such as drives in the system. Harmonic filters are the equipment used to suppress the effect of harmonics in an electrical system. These filters help in controlling continuous harmonic alteration in electronic appliances. Harmonic filter are used in various application areas such as automotive, industrial, data centre & IT, oil & gas, and water treatment. Increased global demand for efficient functioning of industrial facilities coupled with rise in demand for stable appliances show increased harmonic filter market trends.

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184 views • 15 slides
Global Harmonic Filter Market is Estimated to Reach $1.4 Billion by 2025

Global Harmonic Filter Market is Estimated to Reach $1.4 Billion by 2025

"The global market is expected to reach $1.4 billion by 2025; growing at a CAGR of 6.5% from 2017 to 2025. By geography, Asia Pacific and RoW are expected to grow at a CAGR of 7.1% and 6.7%, respectively, during the forecast".

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