Asia Pacific Power Filter Market

Asia Pacific Power Filter Market Size, Share & Industry Trends Analysis Report By Type, By Application (Industrial Machinery, Communication, Healthcare, Defense & Aerospace and Others), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-10312 Publication Date: July-2022 Number of Pages: 76
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Market Report Description

The Asia Pacific Power Filter Market would witness market growth of 4.3% CAGR during the forecast period (2022-2028).

However, in cases when the load produces voltage harmonics, known as harmonic voltage source (HVS) loads, parallel APF is ineffective. In this instance, various control mechanisms have been tested along with a series connection APF configuration. In any case, harmonic removal for all load types is not entirely resolved by compensation systems that just contain an APF, whether they are in parallel or series. Other arrangements that combine series and parallel topologies with active and passive filters have been suggested to achieve this.

The purpose of employing a hybrid topology is to improve the performance of the passive filter and reduce the active filter's power rating. The most widely used configurations are a SAF combined with a shunt passive filter and an active filter connected in series with a shunt passive filter (series active-parallel passive filter, SAPPF). Both topologies can be used to adjust for different HCS load types. The second topology, however, is the most suitable one when the load also produces voltage harmonics.

In numerous healthcare sub-sectors, China is the second-largest healthcare market. The most active and vitally essential segment of the healthcare market for international enterprises continues to be medical equipment. Medical equipment with advanced technology is typically imported, while low to mid-range market segments are dominated by native products. Public hospitals continue to be the leading consumers of medical equipment. According to information from the National Health Commission's Chinese-language website, China will have 35,394 hospitals by 2020, with over 7.1 million beds and 3.32 billion patient visits. Public institutions hosted 84 percent of patient visits and 71.4 percent of hospital beds among them.

The China market dominated the Asia Pacific Power Filter Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $27.7 million by 2028. The Japan market is estimated to grow a CAGR of 3.7% during (2022 - 2028). Additionally, The India market would experience a CAGR of 4.9% during (2022 - 2028).

Based on Type, the market is segmented into three phase filter, Single phase filter and DC filter. Based on Application, the market is segmented into Industrial Machinery, Communication, Healthcare, Defense & Aerospace and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Power Filter Market is Projected to reach USD 317.8 Million by 2028, at a CAGR of 3.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schaffner Holding AG, TE Connectivity Ltd., Kyocera Corporation, TDK Corporation, CTS Corporation, API Technologies Corp., COSEL Co., Ltd., Altran Magnetics, Inc., Bulgin Limited, and Curtis Industries (Powers Holdings, Inc.).

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Three phase filter
  • Single phase filter
  • DC filter

By Application

  • Industrial Machinery
  • Communication
  • Healthcare
  • Defence & Aerospace
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Schaffner Holding AG
  • TE Connectivity Ltd.
  • Kyocera Corporation
  • TDK Corporation
  • CTS Corporation
  • API Technologies Corp.
  • COSEL Co., Ltd.
  • Altran Magnetics, Inc.
  • Bulgin Limited
  • Curtis Industries (Powers Holdings, Inc.)
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