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Low Harmonic Drives Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026

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Robert Roy
Low Harmonic Drives Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2026

Passive harmonic mitigation systems or devices are used for power factor correction and have several advantages such as low power losses, better system performances, and better power efficiency, in addition to low cost over active filters.

These tuned passive harmonic filters have applications in various end-use industries including food, pulp & paper, refining, exploration, pharmaceuticals, large commercial spaces, electronic industries, and automotive, among others, and this is expected to present considerable growth prospects over the coming years.

Increasing dependence on electric power source is expected to propel growth of the tuned passive harmonic filters market

According U.S. Energy Information Administration’s International Energy Outlook 2016, global industrial consumption of electrical energy as a power source is expected to grow from 31.9 quadrillion British Thermal Units (Btu) in 2012 to 40.0 Btu in 2025.

Furthermore, increasing utilization of renewable energy sources for electricity generation is among the prominent trends gaining traction, in order to reduce environmental impacts, which is expected to fuel demand for tuned passive harmonic filters over the forecast period.

However, active harmonic filters (AHF) require relatively higher initial capital, and therefore are the last options for power quality correction solutions.

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