Demand for Harmonic Filters Is Likely to Increase Extensively in the Coming Years
The competitive landscape of the market for harmonic filter market is a fragmented one characterized with the presence of many players along with several regional players, according to a report published by Transparency market research. Three companies, namely Schneider Electric SE, Emerson Electric Co., and ABB Ltd., account for a total of 41% of the total market share in this highly concentrated market. ABB Ltd. account for 17.7% of the total market share of the world harmonic filter market.
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