TUNED PASSIVE HARMONIC FILTERS MARKET ANALYSIS

Regional Analysis

According to BP Statistical Review of World Energy 2017, Asia Pacific primary energy consumption in 2016 was over 42% of the global primary energy consumption in terms of million tons of oil equivalent. Moreover, the region is home to countries that include China, India, Japan, South Korea, Taiwan, Australia, and Indonesia that contribute to significant share in the global electricity being produced every year. These countries have some of the major energy intensive industrial activities, and a large population base contributing to high energy consumption. Owing to these factors, Asia Pacific passive tuned harmonic filters market is expected to witness highest growth over the forecast period.

Geographies covered