Low Voltage Harmonic Filter to Account for Leading Share in India Harmonic Filter Market
Stringent government
regulations and increasing awareness about the negative effects of harmonic
disturbances to drive India harmonic filter market through 2025
According to
TechSci Research report, “India
Harmonic Filter Market By Filter Type, By Voltage Level, By Phase, By End
User, By Region, Competition, Forecast & Opportunities, 2025”, India harmonic filter market is anticipated to register
significant growth through 2025, which can be attributed to the increasing
requirement for power quality and reliability. Harmonic filters assist in
improving the performance of the equipment and reduce energy costs by
eliminating unwanted harmonics created by non-linear loads in the electrical
system. Heavy electrical machines which find application in verticals such as
automotive, oil & gas, industrial, etc. are generally responsible for the
generation of these harmonics. Increasing awareness regarding negative effects
of harmonics and growing concern for ensuring optimum power quality is driving
the harmonic filter market in the country.
India
harmonic filter market can be segmented based on filter type, voltage level,
phase, end user, company and region. Based on voltage level, low voltage segment
dominated the market in 2019 and the trend is expected to continue in the coming
years as well. This is due to the reason that low voltage harmonic filters are
used in plethora of industries such as data cranes, power plants, manufacturing
industries etc., while high voltage filters are used in heavy power
transmission and distribution equipment to reduce voltage distortion and
harmonic distortion.
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Crompton Greaves
Ltd., Larsen & Toubro Limited, ABB India Limited, Schneider Electric India
Private Limited, Eaton Technologies Pvt Ltd, Siemens India, Schaffner India, Emerson
Network Power Pvt. Ltd, NeoWatt Power Solutions Co. Pvt. Ltd., EPCOS India Pvt.
Ltd., among others are the leading players operating in the India harmonic
filter market. The companies operating in the market are using growth strategies
such as product launches and investing in research & development to
increase their share in the market.
“Among end users, industrial and commercial segments
accounted for the leading share as high voltage machines, which are used in
industrial and commercial sectors, are responsible for the generation of
harmonics. Additionally, growing use of variable speed drives to reduce the
overall power consumption in industries such as metal processing,
manufacturing, paper & pulp etc. are further boosting the growth of the
harmonic filter market in the country.”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“India Harmonic Filter Market By Filter Type,
By Voltage Level, By Phase, By End User, By Region, Competition, Forecast &
Opportunities, 2025” has evaluated
the future growth potential of India harmonic filter market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in the India harmonic filter market.
Contact
Mr. Ken Mathews
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New York – 10017
Tel: +1-646-360-1656
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