Harmonic Filter Market
Report ID: SQMIG45J2286
Report ID: SQMIG45J2286
sales@skyquestt.com
USA +1 351-333-4748
Report ID:
SQMIG45J2286 |
Region:
Global |
Published Date: March, 2025
Pages:
195
|Tables:
116
|Figures:
72
Global Harmonic Filter Market size was valued at USD 1.17 Billion in 2024 and is poised to grow from USD 1.28 Billion in 2025 to USD 2.6 Billion by 2033, growing at a CAGR of 9.3% during the forecast period (2026–2033).
The increasing robustness of sensitive electronics components in different industries is a major factor in market growth. With the wider adoption of variable frequency drives (VFDs) the level of harmonic distortion has risen and thus there is an increasing demand for harmonic filters that can reduce power system harmonic distortion. The speed of digital transformation in all industries fueled by technological advances and the advent of artificial intelligence (AI) has resulted in an increasing amount of sensitive electronic devices being employed. This consists of CMOS ICs, graphics ICs, laser diodes, plasma TVs, LEDs, high-accuracy resistors, and so on. The dependability of these systems has developed vulnerability for industries and businesses, as any disruptions in power quality may lead entire infrastructure into an inoperative state and cause major equipment damage. This has inevitably led to the necessity of harmonic filters, which are able to avoid or mitigate to a certain extent the damaging effects that distortions can lead to.
An important factor that has motivated both industries and organizations to take an active role in developing advanced harmonic filters is increasingly restrictive regulations and standards of the power grid's connectivity -as well as raising the level of awareness of the benefits of quality of power and continuous operational processes. An increasing need for power quality, an ever-increasing dependence of equipment, an ever-growing automation of industrial processes and data-driven/smart decision making fueled by the use of sensitive electronic gadgets are predicted to create a surge in demand for the harmonic filter market in the forecast period.
Market snapshot - 2026-2033
Global Market Size
USD 1.07 billion
Largest Segment
Medium Voltage Harmonic
Fastest Growth
High Voltage Harmonic
Growth Rate
9.3% CAGR
To get more insights on this market click here to Request a Free Sample Report
Global Harmonic Filter Market is segmented by Product, Phase, Voltage, End Use and region. Based on Product, the market is segmented into Active, Passive and Hybrid. Based on Phase, the market is segmented into Single Phase and Three Phase. Based on Voltage, the market is segmented into Low Voltage, Medium Voltage and High Voltage. Based on End Use, the market is segmented into Industrial, Commercial and Residential. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Voltage Level
Based on voltage level, the medium voltage harmonic segment is dominating with the largest harmonic filter market share. Medium voltage harmonic filters find extensive applications in industrial settings where equipment operates at higher voltages. In industries like manufacturing, mining, and water treatment medium voltage power systems play a critical role and thus harmonic filters are used to guarantee high power quality. Medium voltage filters have an important role in reducing the generation of harmonics produced by heavy duty electrical machines and drives which ultimately contribute to increased reliability and service life of industrial devices. With the increasing industrialization in the developing economies, medium voltage harmonic filters demand is predicted to fuel the growth of the market during the forecasted horizon.
The high voltage harmonic segment is expected to witness significant demand growth during the forecast period. High voltage harmonic filters are used in utility-scale and power transmission networks, where the control of power quality is a primary concern. These filters are, in fact, crucial for grid stability as they remove harmonic distortions as well as guarantee optimal power transmission at extended distances. The growing introduction of renewable energy into the power grid has increased the demand for high voltage harmonic filters, which can respond to fluctuations in power and stabilize the grid. With the aim to improve the power infrastructure and hence to absorb more renewable energy, the high voltage part is going to expand fast.
Analysis by End User
Based on end user, the industrial segment is dominating the harmonic filter market. This is attributed to factors such as the rising use of electronic devices in industrial processes, the higher dependency of industrial operations on VFDs and sensitive devices such as computers, CPUs, and others, and the increasing adoption of modern technologies that require the use of advanced electronic equipment for control and remote monitoring. The growing use of non-linear loads, regulatory compliances regarding the installation of harmonic filters, and economic benefits associated with improved energy efficiency and uninterrupted workflows are projected to drive growth for this segment.
As per harmonic filter market analysis, commercial segment is expected to be the fastest growing segment. In the commercial sector, harmonic filters are used in buildings such as offices, shopping malls, and data centers, where a high concentration of electronic devices requires effective harmonic mitigation. The growing emphasis on energy efficiency and sustainability in commercial buildings is leading to increased adoption of harmonic filters, as they help optimize power consumption and reduce energy costs. The rising construction of smart buildings and green infrastructure is expected to further drive the demand for harmonic filters in the commercial sector. The presence of inverters, electronically commutated (EC) motors, LEDs, electronic ballasts, and voltage stabilizers in commercial systems draws harmonic current, which is expected to generate an upsurge in demand for harmonic filters in the approaching years.
To get detailed segments analysis, Request a Free Sample Report
North America is dominating with the largest harmonic filter market share. The region's dominance is largely because of the high customer awareness and stringent government regulations aimed at maintaining power quality. The well-established industrial and commercial sectors in North America, including the presence of major data centers and IT hubs, drive the demand for harmonic filters. Additionally, ongoing investments in upgrading and expanding the electrical infrastructure further support market growth. The region’s proactive approach to adopting advanced technologies and maintaining stringent power quality standards positions it as a leading market for harmonic filters.
Asia Pacific region is anticipated to witness the highest growth during the harmonic filter market forecast period. The harmonic filter market is rapidly growing in the Asia-Pacific region where countries like China and India are leading with increasing advancement in the manufacturing sector. Rapid growth of industrialization, urbanization, and increasing investments in power generation and distribution infrastructure are driving the demand for harmonic filters in this region. The manufacturing and commercial sectors are expanding, and the need for reliable power quality solutions is becoming more critical. The region's expanding industrial base and the increasing adoption of advanced electrical systems are key factors contributing to the rising demand for harmonic filters.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Growing Demand from End Use Industries
Rapid Growth of Urbanization
Restraints
Increasing Availability of Affordable Filters
High Installation and Maintenance Expense
Request Free Customization of this report to help us to meet your business objectives.
The landscape of the harmonic filter industry is characterized by intense competition and fragmentation, primarily due to the significant presence of numerous participants. Market players are engaging in mergers, acquisitions, and partnerships, leveraging advanced technologies strategically to amplify and diversify their product portfolio. This proactive approach toward consolidation and innovation underscores the industry's drive toward enhanced competitiveness and value creation. Companies like Mitsubishi Electric and Schneider Electric are at the forefront of innovation, launching advanced harmonic filtering solutions to enhance power quality across various industries.
Top Player’s Company Profile
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the growth of the harmonic filter market is significantly fueled by the rising demand for energy-efficient solutions across electrical and electronic applications. With the increasing penetration of nonlinear loads such as variable frequency drives, LED lighting, and other power electronics, there is a growing need to mitigate the resultant harmonics to improve power quality. Energy regulations and stringent standards to reduce electrical pollution have resulted in industries increasingly adopting harmonic filters as part of their power management strategies. Companies are investing heavily in research and development to create more efficient and reliable harmonic filters, further propelling market growth.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 1.17 Billion |
| Market size value in 2033 | USD 2.6 Billion |
| Growth Rate | 9.3% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Harmonic Filter Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Harmonic Filter Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Harmonic Filter Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Harmonic Filter Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
REQUEST FREE CUSTOMIZATION
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
USA (+1) 351-333-4748
