Global Harmonic Filter Market Report Global Harmonic Filter Market Report

Global Harmonic Filter Market Report, published by Variant Market Research Global Harmonic Filter Market Report, published by Variant Market Research, forecast that the global market is expected to reach $1,212 million by 2024; growing at a CAGR of 6.5% from 2016 to 2024.Harmonics are generated in an electrical power system due to the presence of non-linear loads such as drives in the system. Harmonic filters are the equipment used to suppress the effect of harmonics in an electrical system.These filters help in controlling continuous harmonic alteration in electronic appliances. Harmonic filter are used in various application areas such as automotive, industrial, data centre & IT, oil & gas, and water treatment. Increasedglobal demand for efficient functioning of industrial facilities coupled with rise in demand for stable appliances show increased harmonic filter market trends.Data centres and IT sector, pose a huge demand for harmonic filter in the global market. Browse Complete Report @ https://www.variantmarketresearch.com/report- categories/semiconductor-electronics/global-harmonic-filter-market Rise in consumer awareness regarding health benefits of omega-3, augmented aquaculture activities, and increased direct consumption of harmonic filter are the major factors driving the global harmonic filter market. Moreover, increased use of harmonic filter as an ingredient in cosmetic products has also propelled the growth of the market. However, high cost of harmonic filter coupled with large demand- supply gap would restrain the market growth in the coming years. Regulatory support from various