Market Analysis and Insights : Global Harmonic Filter Market

The harmonic filter market will reach at an estimated value of 1.87 billion and grow at a CAGR of 6.70% in the forecast period of 2021 to 2028. Increasing demand for high power quality and reliability is an essential factor driving the harmonic filter market.

Harmonic filters are used to reduce the harmonic mutilation caused by the appliances. There main of harmonic filter aim is to prevent excess heating and efficiency losses in transformers, motors and cables; random circuit breaking or tripping; and interference with and damage to capacitor banks. Active, passive and hybrid are some of the common type of the harmonic filters. They are widely used in industrial, commercial and residential purposes.