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Harmonic Filters Global Market to Reach $1.8 Billion by 2030: Increase in Adoption Rate of Variable Frequency Drives (VFDS) to Spur Growth
[February 16, 2023]

Harmonic Filters Global Market to Reach $1.8 Billion by 2030: Increase in Adoption Rate of Variable Frequency Drives (VFDS) to Spur Growth

DUBLIN, Feb. 16, 2023 /PRNewswire/ -- The "Harmonic Filters - Global Strategic Business Report" report has been added to's offering.

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The global market for Harmonic Filters estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2030, growing at a CAGR of 6.5% over the analysis period 2022-2030.

Active, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$570.4 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Passive segment is readjusted to a revised 6.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $313.5 Million, While China is Forecast to Grow at 6.1% CAGR

The Harmonic Filters market in the U.S. is estimated at US$313.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$310.6 Million by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Select Competitors (Total 13 Featured) -

  • ABB Group
  • Arteche
  • AVX Corporation
  • Baron Power Ltd.
  • CG Power and Industrial Solutions Ltd.
  • Clariant Power System Ltd.
  • Comsys AB
  • Danfoss A/S
  • Eaton Corporation PLC
  • Enspec Power Ltd.
  • Inphase Power Technologies Private Limited
  • Treffer Power System Solutions Pvt. Ltd
  • Larsen & Toubro Ltd.
  • LPi-NZ Ltd.
  • Mesta Electronic Inc.
  • MIRUS International Inc.
  • MTE Corporation
  • Rem Electromach Pvt. Ltd.
  • Reo AG
  • Schaffner Holding AG
  • Schneider Electric SA
  • Siemens AG
  • TCI, LLC
  • TDK Corporation

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • An Overview of Harmonic Filter Market
  • Harmonic Filters - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession


  • A Prelude into Market Leading Players
  • Harmonic Filter Market: Percentage Breakdown of Volume Sales Market Shares by Leading Players (2018)


  • Increase in Adoption Rate of Variable Frequency Drives (VFDS) to Spur Harmonic Filter Market Growth
  • Asia Pacific Leads the Global Market
  • Low Level of Consumer Awareness to Hinder Market Growth
  • Fluctuations in Gas and Oil Prices Impact Market Growth
  • Market Restrains and Challenges
  • Negative Consequences of Harmonics to Dampen Market Prospects
  • Harmonic Filters Market to Register Restricted Market Growth due to High Cost of the Equipment




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