| Product Code: ETC5588286 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a decline in the growth rate from 2023 to 2024, Hong Kong continues to import harmonic filters predominantly from China, Japan, USA, Germany, and Cambodia. The high Herfindahl-Hirschman Index (HHI) concentration signifies a market dominated by a few key players. The market saw a negative compound annual growth rate (CAGR) of -15.14% from 2020 to 2024, indicating challenges in the industry. The significant decrease in growth rate from 2023 to 2024 at -24.15% suggests a recent slowdown in demand or other market factors impacting the import shipments of harmonic filters to Hong Kong.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Harmonic Filter Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Harmonic Filter Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Harmonic Filter Market - Industry Life Cycle |
3.4 Hong Kong Harmonic Filter Market - Porter's Five Forces |
3.5 Hong Kong Harmonic Filter Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Hong Kong Harmonic Filter Market Revenues & Volume Share, By Voltage Level , 2021 & 2031F |
3.7 Hong Kong Harmonic Filter Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.8 Hong Kong Harmonic Filter Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Hong Kong Harmonic Filter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of variable frequency drives (VFDs) in various industries leading to higher harmonic distortions. |
4.2.2 Growing emphasis on energy efficiency and power quality in Hong Kong. |
4.2.3 Government regulations mandating the use of harmonic filters to reduce grid disturbances. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing harmonic filters. |
4.3.2 Lack of awareness about the benefits of harmonic filters among end-users. |
4.3.3 Limited technical expertise for the proper selection and installation of harmonic filters. |
5 Hong Kong Harmonic Filter Market Trends |
6 Hong Kong Harmonic Filter Market Segmentations |
6.1 Hong Kong Harmonic Filter Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Harmonic Filter Market Revenues & Volume, By Active, 2021-2031F |
6.1.3 Hong Kong Harmonic Filter Market Revenues & Volume, By Passive, 2021-2031F |
6.2 Hong Kong Harmonic Filter Market, By Voltage Level |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Harmonic Filter Market Revenues & Volume, By Low Voltage Harmonic, 2021-2031F |
6.2.3 Hong Kong Harmonic Filter Market Revenues & Volume, By Medium Voltage Harmonic, 2021-2031F |
6.2.4 Hong Kong Harmonic Filter Market Revenues & Volume, By High Voltage Harmonic, 2021-2031F |
6.3 Hong Kong Harmonic Filter Market, By Phase |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Harmonic Filter Market Revenues & Volume, By 1-Phase, 2021-2031F |
6.3.3 Hong Kong Harmonic Filter Market Revenues & Volume, By 3-Phase, 2021-2031F |
6.4 Hong Kong Harmonic Filter Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Harmonic Filter Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.3 Hong Kong Harmonic Filter Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Hong Kong Harmonic Filter Market Revenues & Volume, By Residential, 2021-2031F |
7 Hong Kong Harmonic Filter Market Import-Export Trade Statistics |
7.1 Hong Kong Harmonic Filter Market Export to Major Countries |
7.2 Hong Kong Harmonic Filter Market Imports from Major Countries |
8 Hong Kong Harmonic Filter Market Key Performance Indicators |
8.1 Power factor improvement achieved through the use of harmonic filters. |
8.2 Reduction in harmonic distortion levels in electrical systems. |
8.3 Increase in energy savings due to improved power quality. |
8.4 Number of training programs conducted to educate end-users about harmonic filters. |
8.5 Percentage of compliance with government regulations on harmonic mitigation measures. |
9 Hong Kong Harmonic Filter Market - Opportunity Assessment |
9.1 Hong Kong Harmonic Filter Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Hong Kong Harmonic Filter Market Opportunity Assessment, By Voltage Level , 2021 & 2031F |
9.3 Hong Kong Harmonic Filter Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.4 Hong Kong Harmonic Filter Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Hong Kong Harmonic Filter Market - Competitive Landscape |
10.1 Hong Kong Harmonic Filter Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Harmonic Filter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |