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The global harmonic filter market was valued at USD 750 million in 2023 and grew at a CAGR of 6% from 2024 to 2033. The market is expected to reach USD 1343.13 million by 2033. The increasing automation of industries will drive the growth of the global harmonic filter market.
A harmonic filter is an electrical apparatus that is aimed at minimizing or eliminating all forms of harmonic distortions within electrical systems due to non-linear loads including variable speed drives, and electronic equipment. Harmonics are non-desirable frequencies that are whole number multiples of the fundamental frequency (either 50 Hz or 60 Hz) caused by non-linear loads when present on the utility power supply. These harmonics cause overheating of electrical equipment or voltage distortion, or they result in mal-functioning of sensitive instruments, thus lowering efficiency, reducing equipment life and interrupting operation in particular setups. There are two main types of harmonic filters: passive and active. Passive harmonic filters employ resistors, capacitors and inductors to either clamp or shunt harmonic currents. Active harmonic filters on the other hand use power electronics to create currents that will nullify the harmonic distortions. These are even more flexible and can accommodate many more harmonics but they are expensive. The type of filter to be employed depends on factors such as the amount of harmonic distortion, the current or maximum load and degree of performance expected. Harmonic filters are applied in industrial power systems data centres and commercial facilities because these power systems have non-linear loads. Therefore, harmonic filters are a critical component of any electrical system so as to eliminate or reduce the effects of current harmonics.
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The rising industrial automation trends – growing automation is associated with the integration of electrical equipment which creates a need and demand for harmonic filters. These devices draw power non-linearly thereby generating harmonic currents thus reducing the power quality. Its effects comprise heating as well as failure in equipment applied in diverse industries such as manufacturing industries, car industries, petroleum industries and mining industries. These distortions are regulated by harmonic filters to make the industrial equipment dependable. Furthermore, technological advancements have also contributed to the market’s growth. Active and especially the hybrid filters have advanced in recent years and these solutions have become more efficient, versatile and economical. Technological innovations have enhanced the application and efficiency of harmonic filters thus increasing its demand in the market.
High initial costs – Active harmonic filters comprehensive power electronics and control systems, which are much more costly as compared to passive filters while the later are somewhat more rigid in construction. The cost of installation and incorporation may discourage potential clients. This often results in organizations putting off or avoiding the implementation of superior harmonic filters. The deployment of active and hybrid filters, or any other advanced systems of harmonic filtering is complex making it expensive and time consuming. These filters need to be incorporated into already existing electrical systems and these can differ considerably from application to application and from industry to industry. Continued maintenance of complex systems may pose a problem to businesses. These factors raise the total cost of ownership and discourage its adoption.
Stringent regulatory guidelines – Governments and regulatory authorities worldwide have shifted focus towards power quality. As a result, industries are faced with more strict standards about the issue of harmonic distortion. These regulations are designed to make sure that power systems function well. Failure to adhere to these standards may attract penalties, poor operations or in some cases fines. The concern has steadily increased as corporations and industries attempt to gear towards these standards. Therefore, harmonic filters are becoming necessary devices to minimize harmonics and limitations within power systems. Urbanization, industrialization and commercial building projects, especially in emerging economies has increasingly put pressure on power distribution network. The new industrial complexes, data centres, commercial buildings, and transportations systems needs a sound electrical supply system that can match to new load demand and quality standards. Among the new structures, harmonic filters are crucial to protect electrical infrastructure from power quality problems and guarantee that complex structures operate efficiently, protect the equipment, and achieve maximum energy efficiency in extensive constructions. Harmonic filters will witness growth as more infrastructure projects requiring electricity get developed.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the most significant global harmonic filter market, with a 38% market revenue share in 2023.
Currently, the Asia Pacific holds the largest share in the harmonic filter market due to its fast industrialization, comprehensive manufacturing industry and growing concern towards the power quality in industries and business establishments. Large economies such as China, India, Japan, and South Korea are among the leading countries that are dominating this category because of enlarged industrial and expanding city infrastructures. Fast industrialization in this region has led to demanding utility power quality condition that requires solutions to problems like equipment damage, energy losses, and operational outages which are a result of harmonic distortions. When industries have to cope with highly regulated industrial standards like the IEEE, demand for harmonic filters goes up in the region. In addition, the trend toward higher energy efficiency across Asia Pacific is driving harmonic filter demand, as these solutions enable major power losses and increase system availability. However, besides the industrial growth, the region is experiencing rapid infrastructure development especially in the developing countries such as India and the south east Asia countries. These developments themselves contribute to increasing the need for harmonic filtering solutions to ensure consistent power quality in new constructions of residential, commercial, and industrial estates and facilities, which confirms the leadership of the Asia Pacific region in the global use of harmonic filters.
Asia Pacific Region Harmonic Filter Market Share in 2023 - 38%
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The type of filter segment is divided into passive harmonic filters, active harmonic filters, and hybrid harmonic filters. The passive harmonic filters segment dominated the market, with a market share of around 44% in 2023. Passive harmonic filters are popular in the harmonic filter market due to their low cost, simplicity and reliability. These filters consist passive elements like resistor, inductor, and capacitor that are utilized to draw or short out current harmonics at some particular frequency and therefore-cut down total harmonic distortion in systems. Passive filters can be used for most industries including SMEs where large investments in better systems cannot be afforded. In addition, another good reason why passive harmonic filters are preferred in the market is because they are easy to design and use in an electrical setup. They are easy to install as well as easy to maintain, without any complex structure that only professionals can understand.
The end user industry segment is divided into industrial, commercial, and residential. The industrial segment dominated the market, with a market share of around 48% in 2023. The Industrial sector is the most prominent segment in the market for harmonic filter mainly because the industrial sector uses non-linear loads most frequently and cause significant power quality issues. Common industries include manufacturing, automotive, petrochemical, mining, and steel production. In the industrial sector, harmonic filters have now become a necessity in the management of electrical equipment. The overdependence on automated processes and complex machineries further underlines the importance of harmonic filtering solutions. Further, industries are also inclined towards enhancing energy which also increases the demand for harmonic filter in the industrial segment. A number of stringent regulatory standards exist in the industrial sector to regulate power quality and this has created the need for harmonic filters.
The voltage level segment is divided into low voltage, medium voltage, and high voltage. The low voltage segment dominated the market, with a market share of around 46% in 2023. Low voltage harmonic filters have the largest market share since most power systems in industries and commercial buildings are at low voltage. Industries, commercial buildings and residential structures respectively are the main areas where low voltage electrical systems are common since they are the ones operating at voltages less than 1kV. It must be noted that these systems often exhibit a very high susceptibility to harmonic distortions caused by non-linear loads. Thus, harmonic filters at low voltage levels are important and necessary to prevent these distortions for good energy quality and functionality of equipment. Additionally, they are cheap and easy to install and many industries can be addressed by harmonic issues without having to spend large sums on complicated high-voltage filtering systems. In addition, low voltage harmonic filters are quite easier to install and maintain.
The component segment is divided into capacitors, inductors, and resistors. The capacitors segment dominated the market, with a market share of around 68% in 2023. The primary reason for the dominance of capacitors is because they are easy to control, more dependable and cheaper compared to other components. The capacitors are cheaper than most other filtering elements and therefore overcoming a major constraint that many industries face when installing harmonic filters. It’s also easier to integrate capacitors to the electrical systems without the need for drastically complicated modifications hence its widespread use. Also, capacitors are designed for various power conditions and they can effectively block low order harmonics, which are present in majority of industrial and commercial power supply systems. Capacitors have been used for many years in many applications and offer a long life and low maintenance, which for many companies seeking long-term solutions make capacitors an excellent choice. Since these capacitors can effectively deal with these basic harmonic problems related to industrial equipment and loads, including those loading from machinery, HVAC systems and lighting loads, the capacitors will remain as the market leaders in the harmonic filter market.
| Attribute | Description |
|---|---|
| Market Size | Revenue (USD Million) |
| Market size value in 2023 | USD 750 Million |
| Market size value in 2033 | USD 1343.13 Million |
| CAGR (2024 to 2033) | 6% |
| Historical data | 2020-2022 |
| Base Year | 2023 |
| Forecast | 2024-2033 |
| Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East and Africa. Furthermore, the regions are further analyzed at the country level. |
| Segments | Type of Voltage, End User Industry, Voltage Level and Component |
As per The Brainy Insights, the size of the global harmonic filter market was valued at USD 750 million in 2023 to USD 1343.13 million by 2033.
Global harmonic filter market is growing at a CAGR of 6% during the forecast period 2024-2033.
The market's growth will be influenced by the rising industrial automation trends.
High initial costs could hamper the market growth.
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global harmonic filter market based on below mentioned segments:
Global Harmonic Filter Market by Type of Filter:
Global Harmonic Filter Market by End User Industry:
Global Harmonic Filter Market by Voltage Level:
Global Harmonic Filter Market by Component:
Global Harmonic Filter Market by Region:
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