The Global Power Filter Market will Hit $317.8 Million by 2028, at a CAGR of 3.5%

Published Date: 31-Jul-2022

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Power Filter Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Power Filter Market size is expected to reach $317.8 million by 2028, rising at a market growth of 3.5% CAGR during the forecast period.

The Single-phase filter segment is expected to witness a CAGR of 3.6% during (2022 - 2028). Filters with a generic purpose are known as single-phase power filters, and they are used to minimize unwanted electrical disturbances in power lines. Interfering voltages on AC power lines are prevented from spreading into or out of the filtered equipment by single-phase EMI filters, which reduce their amplitude.

The Industrial Machinery segment dominated the Global Power Filter Market by Application in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $132.6 million by 2028. It is because manufacturing plants or chemical processing facilities, industrial buildings may have significantly higher air pollution levels. Additionally, leftovers from the production process, including dust particles, oil mist aerosols, and condensed vapors, can build up inside and outside the equipment, posing problems for process quality, equipment maintenance, and workplace safety.

The North America market dominated the Global Power Filter Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $103.6 million by 2028. The Europe market is exhibiting a CAGR of 2.8% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 4.3% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/power-filter-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.).

Global Power Filter Market Segmentation

By Type

  • Three phase filter
  • Single phase filter
  • DC filter

By Application

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

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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.)

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Related Reports:

North America Power Filter Market Size & Opportunities 2022-2028

Europe Power Filter Market & Growth Forecast 2022-2028

Asia Pacific Power Filter Market Share & Industry Outlook to 2028

LAMEA Power Filter Market Growth, Trends & Forecasts 2022-2028

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