Global
active
power filter market is anticipated to witness exponential growth in the
forecast period. Active power filters (APF) are filters that perform harmonic
elimination. They are also used to filter out harmonics in the power system,
which are significantly below the switching frequency of the filter. Factors,
such as rising use of active power filters in several applications such as data
center, IT sector, heating applications. In addition, increasing demand from
end-user industry are likely to drive the market in the forthcoming period.
On
the other hand, significant power distortion difficulties that may lead to
numerous power quality issues, such as energy loss and increasing costs are
anticipated to hinder active power filter market growth in the future. However,
technological advancements in the field are likely to create lucrative
opportunities for the market. Globally, market is anticipated to expand at a
significant CAGR in the upcoming period as the scope, product types, and its
applications are increasing across the globe.
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An
emerging trend in the active filter market is usage of semiconductor device
technology. The decrease in the cost of the power electronic semiconductor
devices and signal processors is another prominent trend observed in active
power filters market. Active power filter market is segmented by type, voltage
level, application, end user, distribution channel and geography.
The
market is segmented by type as Hybrid, Shunt, and Series. Based on the voltage
level, market is segmented by High, Medium and Low. The key applications are
segmented in this market include Semiconductor, Petrochemical, Communications,
Automotive, and Steel.
Key
players operating in the active power filter market include ABB, Delta
Electronics, Inc., Emerson Electric Corporation, Baron, Helios Power Solutions,
EC21 Inc., APAITEK Science & Technology Co., Ltd., Schaffner Holding AG,
Beijing DaXing Electrical Equipment Co., Ltd and Zhuhai Wanlida Electrical
Automation Co., Ltd. The leading companies are involved in partnerships,
mergers and acquisitions, and joint ventures in order to boost the inorganic
growth of the industry.
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Market Segment:
Key Applications
•
Communications
•
Petrochemical
•
Automotive
•
Semiconductor
•
Steel
Key Regions
•
North America
•
Europe
•
Asia Pacific
•
Middle East and Africa
•
South America
Table of Contents:
1
Report Overview
2
Product Type Market
3
Product Application Market
4
Manufacturers Profiles/Analysis
5
Market Performance for Manufacturers
6
Regions Market Performance for Manufacturers
7
World Market Performance Point
8
Development Trend for Regions and Countries (Sales Point)
9
Upstream Source, Technology and Cost
10
Channel Analysis
11
Consumer Analysis
12
Market Forecast
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