Product Code: GVR-2-68038-716-2
Harmonic Filters Market Growth & Trends:
The global harmonic filter market size is expected to reach USD 1.98 billion by 2030, expanding at a CAGR of 9.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Harmonic filters are an integral part of electric power systems that are used for mitigation of harmonics, an effect produced due to non-linear loads. Significant investments in building renewable energy infrastructure worldwide coupled with the rapid adoption of variable frequency drives (VFDs) for industrial applications such as heating, ventilation, and air conditioning (HVAC) and electric motors are anticipated to boost the growth of the market.
Harmonic filter is an essential component integrated into power converters and inverters, UPS systems, and other commercial applications such as data centers, hospitals, and offices to enhance power quality in these systems. The global demand for the product is projected to rise tremendously by 2030 on account of increasing investments by governments in the deployment of renewable energy infrastructure (wind energy and solar energy). Harmonic resonance is a key concern during the set-up of large solar and wind power plants. Harmonic filters are installed during the deployment of renewable energy infrastructure for the purpose of mitigating harmonic disturbances and power losses.
Additionally, key market players are focusing on developing new innovative products for the rapidly growing e-mobility market across the world. For instance, in 2024, Schaffner Holding AG introduced a new lightweight active harmonic filter for electric vehicles with the objective of delivering high performance and reducing power losses even at a high frequency. Moreover, the strong adoption of harmonic filters in the manufacturing and consumer electronics industry coupled with significant renewable energy investments enabled the Asia Pacific regional market to gain a substantial share in 2024.
Increasing investments aimed at the construction of new data centers and renewable energy infrastructure in key countries such as the U.S., China, India, and the U.K. are poised to drive the market over the forecast period. Despite all these benefits, lack of product awareness among small and medium-sized manufacturers coupled with significant availability of substitute products is likely to inhibit the growth of the global harmonic filters market over the forecast period.
Harmonic Filter Market Report Highlights:
- The passive harmonic filter segment dominated the market and accounted for a revenue share of 58.4% in 2024
- The active harmonic filter segment is expected to experience the fastest CAGR of 10.0% from 2025 to 2030
- The three-phase segment accounted for the largest revenue share of the global harmonic filter market in 2024. The increasing use of sensitive electronic devices has led to increased non-linear load, which has resulted in rising harmonic pollution, which needs mitigation
- Based on end use, the industrial segment accounted for the largest revenue share of the global market in 2024
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Harmonic Filter Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Harmonic Filter Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. Harmonic Filter Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Harmonic Filter Market: Product Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Active
- 4.3.1. Active Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Passive
- 4.4.1. Passive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Hybrid
- 4.5.1. Hybrid Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Harmonic Filter Market: Phase Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Harmonic Filter Market: Phase Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Single Phase
- 5.3.1. Single Phase Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Three Phase
- 5.4.1. Three Phase Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Harmonic Filter Market: Voltage Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Harmonic Filter Market: Voltage Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Low Voltage
- 6.3.1. Low Voltage Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Medium Voltage
- 6.4.1. Medium Voltage Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. High Voltage
- 6.5.1. High Voltage Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Harmonic Filter Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Harmonic Filter Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. Industrial
- 7.3.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Commercial
- 7.4.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Residential
- 7.5.1. Residential Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Harmonic Filter Market: Regional Estimates & Trend Analysis
- 8.1. Harmonic Filter Market Share, By Region, 2024 & 2030 (USD Million)
- 8.2. North America
- 8.2.1. North America Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.5. Italy
- 8.3.5.1. Italy Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.6. Spain
- 8.3.6.1. Spain Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. India Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. South Korea Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6. Australia
- 8.4.6.1. Australia Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. MEA
- 8.6.1. MEA Harmonic Filter Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. ABB
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. Schneider Electric
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. Siemens
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. Emerson Electric Co
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. Danfoss A/S
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. Schaffner Holding AG
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. TDK Corporation
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. Eaton
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. Comsys AB
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. MTE Corporation
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives
- 9.4.11. Baron Power
- 9.4.11.1. Participant's Overview
- 9.4.11.2. Financial Performance
- 9.4.11.3. Product Benchmarking
- 9.4.11.4. Strategic Initiatives