Harmonic Filters Market Size, Share, Opportunities, And Trends By Type (Active Harmonic Filters, Passive Harmonic Filters, Hybrid Harmonic Filters), By Industry Vertical (Manufacturing, Communication And Technology, Automotive, Construction, Others), And By Geography - Forecasts From 2025 To 2030

Harmonic Filters Market Size:

The Harmonic Filters Market is expected to grow from USD 933.863 million in 2025 to USD 1,180.001 million in 2030, at a CAGR of 4.79%.

Harmonic Filters Market Introduction:

Harmonic filters are used to mitigate harmonics. Harmonics are voltages and currents. They recurringly multiply the fundamental frequency of 60Hz. An excessive quantity of harmonics can result in malfunction in the system, increasing the operational cost significantly. Hence harmonic filters have a wide application across various industry verticals employing heavy machinery. Oil and gas, metal and mining, paper and pulp, and water and wastewater treatment plants are key end-user industries oh harmonic filters since they require heavy current and voltage machinery for operation. Furthermore, the use of these filters enables the industries to reduce production time and cost.

By components, the harmonic filters consist of capacitors, inductors, and resistors. By geographical boundary, the global harmonic filter market is divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The North American harmonic filter market is expected to hold a dominating share owing to wider adoption and state of art infrastructure. The Asia Pacific and Middle East harmonic filter markets are projected to grow at the fastest rate owing to robust growth in numerous end users industries including mining and oil and gas industries. The European water and wastewater treatment industry is expected to create notable demand for harmonic filters in the region during the forecast period.

Harmonic Filters Market Trends:

With the increase in industry 4.0, a significant surge in demand for variable frequency drives has been observed. However, VFDs result in a higher disturbance in harmonic distribution, leading to power loss. Hence growing VFDs market is expected to drive the market for harmonic filters.

Furthermore, increasing awareness regarding the harmful effects of harmonic disturbance and strict government and industry regulations for safety acts as another factor that supports the market development of harmonic filters.

However, the availability of substitutes that are cost-effective tends to pose a threat to market growth. growing SMEs and increasing inclination of these SMEs towards cost-effective alternatives pose a major challenge for the market.

Harmonic Filters Market Growth Factors:

• Surging penetration of variable frequency drives (VFDs) across various industry verticals is expected to drive the market for harmonic filters.

One of the prime factors which s expected to drive the market growth of harmonic filters during the forecast period is the increasing adoption of variable frequency drives (VFDs) in the manufacturing industry.  VFDs have witnessed a significant surge in installation across electrical power systems with an aim to reduce the overall power consumption. However, it has been observed that rising usage of VFDs has resulted in a higher disturbance in harmonic distribution, leading to power loss. High disruption also damages interconnected electric components such as resistors, batteries, and switches. Hence increasing complexities and higher adoption of VFDs are expected to increase market demand for harmonic filters. 

• Rising adoption of VFD technology with the uproar of industry 4.0

With significant growth in industry 4.0 and a rise in adoption of VFDs in the electric network system, the harmonic filters market has notable growth opportunities during the forecast years. VFDs have witnessed an increase in deployment within the industry 4.0 circle, especially in the application which is high-power demanding. Significant growth in urbanization coupled with robust growth in the industrial sector is expected to drive significant market demand. Furthermore, with the uproar of electric reliability energy-saving market trends, the VFDs are projected to show robust growth which will drive the market for harmonic filters during the forecasted period. Furthermore, industrialization in major developing countries such as China, South Korea, Singapore, Thailand, and India accompanies by the increasing penetration of variable frequency drives (VFDs) across various industry verticals has driven the market.

Harmonic Filters Market Restraints:

One of the prime factors that are expected to constrain the market is the adoption of harmonic filter technology among the small-scale industries is sluggish, owing to the availability of cost-effective substitutes. Owing to low finances and budget constraints, small-scale businesses tend to substitute harmonic mitigation for other cost-effective technologies. Substitutes include low-cost filters, reactors, and transformers. While these alternatives provide partial harmonic filtering, however, low cost makes them more attractive.

Segmentation:

• By Type
  • Active Harmonic Filters
  • Passive Harmonic Filters
  • Hybrid Harmonic Filters
• By Industry Vertical
  • Manufacturing
  • Automotive
  • Construction
  • IT & Telecommunications
  • Energy & Utilities
  • Oil & Gas
  • Data Centers
  • Healthcare
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Others

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. HARMONIC FILTERS MARKET BY TYPE

5.1. Introduction

5.2. Active Harmonic Filters

5.3. Passive Harmonic Filters

5.4. Hybrid Harmonic Filters

6. HARMONIC FILTERS MARKET BY INDUSTRY VERTICAL

6.1. Introduction

6.2. Manufacturing

6.3. Automotive

6.4. Construction

6.5. IT & Telecommunications

6.6. Energy & Utilities

6.7. Oil & Gas

6.8. Data Centers

6.9. Healthcare

6.10. Others

7. HARMONIC FILTERS MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Type

7.2.2. By Industry Vertical

7.2.3. By Country

7.2.3.1. USA

7.2.3.2. Canada

7.2.3.3. Mexico

7.3. South America

7.3.1. By Type

7.3.2. By Industry Vertical

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.2. Argentina

7.3.3.3. Others

7.4. Europe

7.4.1. By Type

7.4.2. By Industry Vertical

7.4.3. By Country

7.4.3.1. United Kingdom

7.4.3.2. Germany

7.4.3.3. France

7.4.3.4. Spain

7.4.3.5. Others

7.5. Middle East and Africa

7.5.1. By Type

7.5.2. By Industry Vertical

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.2. UAE

7.5.3.3. Others

7.6. Asia Pacific

7.6.1. By Type

7.6.2. By Industry Vertical

7.6.3. By Country

7.6.3.1. China

7.6.3.2. Japan

7.6.3.3. India

7.6.3.4. South Korea

7.6.3.5. Taiwan

7.6.3.6. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Siemens Ltd.

9.2. Schaffner Holding AG

9.3. Baron

9.4. TDK Corporation

9.5. Eaton

9.6. MTE Corporation

9.7. ABB

9.8. Schneider Electric

9.9. General Electric

9.10. Larsen & Toubro Limited (L&T)

10. APPENDIX

10.1. Currency

10.2. Assumptions

10.3. Base and Forecast Years Timeline

10.4. Key benefits for the stakeholders

10.5. Research Methodology 

10.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Siemens Ltd.

Schaffner Holding AG

Baron

TDK Corporation

Eaton

MTE Corporation

ABB

Schneider Electric

General Electric

Larsen & Toubro Limited (L&T)