Public Awareness Vital to Boost Sales of Harmonic Filters.

PALO ALTO, Calif. -- Lack of awareness about harmonics -- distortion of power around electric systems -- among potential customers is impeding the growth of the harmonic filter market across the world.

Educating the public about this intangible feature, and the importance of installing filters to remove the dissonance caused by it is vital for the healthy growth of the market.

New analysis from Frost & Sullivan (www.powersupplies.frost.com), World Harmonic Filter Markets, reveals that revenues in this market totaled $349.8 million in 2003 and is projected to reach $684.1 million by 2010.

"Harmonics in electrical installations increase operating costs for businesses due to the downtime in production and increase in energy costs that arise due to their presence in the electrical infrastructure," say Frost & Sullivan Industry Manager Sara Bradford. "Harmonic filters, in essence, help lower expenditure, clear electrical capacity, and enhance production uptime."

With the demand for quality power increasing, utilities are emphasizing on power factor correction and impose penalties when facilities using electricity cause distortion to the power flowing in the vicinity.

This spurs demand for harmonic filters as customers, apart from avoiding penalty, also realize the economy in installing filters rather than increasing the number of transformers and switchgear to improve their production capacity.

However, the price of the filters themselves challenge end-users, since active filters are prohibitantly priced, being an emerging technology. Hence, customers see them as capital purchases and are unwilling to spend much on an unfamiliar product.

Awareness and familiarity, again, can decrease the impact of this challenge as will the development of the active filter technology and its large-scale production.

"Besides these restraints, the harmonic filter market is also hampered by its robust nature, which upon installation helps them last for as long as ten years," says Bradford. "This has resulted in a low replacement/upgrade rate for the equipment."

Nevertheless, the harmonic filter market is expected to sustain demand since it is an integral part of any system that uses electricity.

"With major standards with regard to harmonics being specified by the IEEE 519 -1992 of the United States and the G5/4 in Europe, these filters are gaining prominence," notes Bradford.

Microprocessors are also gaining usage in systems from computers to slot machines, and industrial control systems. These microprocessors are prone to harmonics and feel the affect of their disturbances creating demand for harmonic filters.

With plans to invest $3 billion for the improvement of transmission and distribution networks in the United States and the building of national power grids in China and India, a corresponding growth in the demand for harmonic filters is anticipated globally.

World Harmonic Filter Markets, a part of the Power Quality Subscription, analyzes the market and provides strategies to develop and maintain market share. Product segments such as high-, medium-, and low-voltage harmonic filters and sub-segments such as active and passive filters are researched and comprehensive information is provided. The analysis also offers a survey based on customer and geographical segments. Executive summaries and interviews are available to the press.

If you are interested in an analysis overview which provides manufacturers, end-users and other industry participants an overview, summary, challenges and latest coverage of the World Harmonic Filter Market, then send an email to Julia Paulson - North American Corporate Communications at [e-mail] with the following information: Full name, Company Name, Title, Contact Tel Number, Contact Fax Number, Email. Upon receipt of the above information, an overview will be emailed to you.

Frost & Sullivan, an international growth consultancy, has been supporting clients' expansion for more than four decades. Our market expertise covers a broad spectrum of industries, while our portfolio of advisory competencies includes custom strategic consulting, market intelligence, and management training. Our mission is to forge partnerships with our clients' management teams to deliver market insights and to create value and drive growth through innovative approaches. Frost & Sullivan's network of consultants, industry experts, corporate trainers, and support staff spans the globe with offices in every major country.

World Harmonic Filter Markets

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