Harmonic Filters in India

Transparency Market Research
Harmonic Filters Market in India to be
Hampered Due to its High Prices
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REPORT DESCRIPTION
Harmonics occur in an electrical power system due to fluctuations in current or voltage levels. Harmonic fluctuations
in the power system are a frequent cause of power quality issues and its proliferation severely disrupts the working
of the whole system. Harmonic filters are widely used to edge off the harmonic distortion which is formed by
equipments with non-linear load. Safeguarding power quality has become very essential owing to the number of
electronic equipments available in the market. The necessity of power quality in power networks has promoted the
use of harmonic filters to reduce the current and voltage harmonics and control terminal voltage, thereby enhancing
voltage balance in three-phase systems.
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In 2012, the harmonic filters market in India stood at US$81.1 million and is expected to touch US$188.5 million by
the end of 2019. This market is anticipated to exhibit progressive 12.8% CAGR in terms of revenue between the
years 2013 and 2019.
Rising preference for variable frequency drives has been promoting the use of harmonic filters. Moreover, the
increasing demand for power quality and the growth of power industry are the factors expected to boost the demand
for harmonic filters in India in the near future. Regulations and penalties by utilities set by the government of India
for maintaining the harmonic levels in varied industries and the tremendously rising demand from IT and data
centers are the biggest opportunities for the market payers of the harmonic filters market in India.
On the flip side, the high prices of harmonic filters, availability of alternatives, low product differentiation, and lack of
consumer awareness about harmonic mitigation across end-use industries are expected to hamper the growth of
harmonic filters market in India.
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Harmonic filters are available for low voltage, medium voltage and high voltage applications. Low voltage harmonic
filters are used majorly in the current scenario. However, the demand for medium and high voltage is expected to
increase during the forecast period. Harmonic filters find their application across majority of the end use sectors.
Some of the major application segments include industrial, IT and data center, automotive and oil & gas industry.
Among these applications highest revenue was contributed by the industrial sector in 2012 owing to excessive use
of harmonic filters for harmonic correction in drives. Amongst the other application sectors, IT and data center and
automotive applications are major applications and these applications are expected to expand their market share in
the coming years with an expected increase in the consumer awareness.
The market research report has presented an in-depth analysis of the companies operating in the India harmonic
filter market. Some of the prominent players operating in the Indian harmonic filter market include Schaffner Group,
ABB India Ltd., Schneider Electric India, Neowatt Power Solutions Co. Pvt. Ltd., and Emerson Network Power (India)
Pvt. Ltd.
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A harmonic filter is used to mitigate the harmonic distortion created by appliances/equipments that are non-linear load. With growing number of power based electronic equipments, it has become necessary to ensure power quality. Rising demand for power quality across different verticals such as industrial, automotives, IT and data center, and oil and gas among others is the major factor driving the market in India.

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