Tuned Passive Harmonic Filters Market

Tuned Passive Harmonic Filters Market,
By Filter Types, Verticals, RegionGlobal Industry Insights, Trends,
2017–2025
Passive harmonic mitigation systems or devices are used for power factor correction
and have several advantages such as low power losses, better system performances,
and better power efficiency, in addition to low cost over active filters. However, owing to
these aforementioned factors, passive filters have found extensive applications in
almost every electric grid and distribution networks. These tuned passive harmonic
filters have applications in various end-use industries including food, pulp & paper,
refining, exploration, pharmaceuticals, large commercial spaces, electronic industries,
and automotive, among others, and this is expected to present considerable growth
prospects over the coming years.
Increasing dependence on electric power source is expected to propel growth of
the tuned passive harmonic filters market
According U.S. Energy Information Administration’s International Energy Outlook 2016,
global industrial consumption of electrical energy as a power source is expected to grow
from 31.9 quadrillion British Thermal Units (Btu) in 2012 to 40.0 Btu in 2025. Moreover,
OECD countries are expected to witness an annual average change of 0.7% and
non-OECD countries of 1.6% in the duration of 2012–2040. Furthermore, increasing
utilization of renewable energy sources for electricity generation is among the prominent
trends gaining traction, in order to reduce environmental impacts, which is expected to
fuel demand for tuned passive harmonic filters over the forecast period.
However, active harmonic filters (AHF) require relatively higher initial capital, and
therefore are the last options for power quality correction solutions. This factor is
expected to adversely affect growth of the market.
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Tuned Passive Harmonic Filters Market Taxonomy:
On the basis of filter types, the global tuned passive harmonic filters market is
classified into:
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●
●
●
●
●
●
Single tuned filter
High Pass filters
Double tuned filters
Double tuned high pass filters
Triple tuned filters
Continuously tuned filters
Commercial
On the basis of verticals, the global tuned passive harmonic filters market is
classified into:
● Industrial
○ Energy Intensive (Food, Pulp & Paper, Refining, and Metal)
○ Non-energy intensive
○ Non-manufacturing (Agriculture, Forestry, Fishing, Mining, Construction)
● Commercial
● Residential
● Government
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Increasing demand for these filters to reduce harmonic distortions for enhancing
supply efficiency and avoid system malfunctions is expected to drive growth of
the market
Power systems have recurring distortions of current and voltage waveforms, owing to
extensive usage of loads that produce currents with higher frequencies. Growing
number of non-linear loads in conjunction with substantial surge in demand for
electricity has led to introduction of large number of parameters that distort the voltage
and can potentially cause malfunction, overheating, and breakdown of the systems
utilized in power systems. Requirement to provide consistent supply and avoid potential
damage to the end user and power systems is expected to lead to demand for these
power factor correction systems and fuel growth of the tuned passive harmonic filters
market. These equipment are featured with large sizes of MVAR ratings, maintenance
free service, and are economically viable than synchronous condensers. It also offers
many advantages for systems that require high starting power, voltage support, and
protection in case of source. These features are expected to lead to high adoption of
these systems over the forecast period.
According to BP Statistical Review of World Energy 2017, Asia Pacific primary energy
consumption in 2016 was over 42% of the global primary energy consumption in terms
of million tons of oil equivalent. Moreover, the region is home to countries that include
China, India, Japan, South Korea, Taiwan, Australia, and Indonesia that contribute to
significant share in the global electricity being produced every year. These countries
have some of the major energy intensive industrial activities, and a large population
base contributing to high energy consumption. Owing to these factors, Asia Pacific
passive tuned harmonic filters market is expected to witness highest growth over the
forecast period.
Some of the kay players in the global tuned passive harmonic filters market included
Eaton Corp, ABB, Comsys AB, Schneider Electric, DELTAUS, Siemens, Crompton
Greaves, Emerson Electric, Schaffner Holding, and MTE Corporation.
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Tuned Passive Harmonic Filters Market, report categorizes the report by Filter Types, Verticals, and Region. It provides information about - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

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