Automobile & Heavy Industrial Manufacturing Segment Recovery Is Likely To Augment Harmonic Generators Market Sales

Harmonic Generators Market Forecast and CAGR

According to latest research study by Fact.MR, harmonic generators market is set to witness significant growth in terms of volume and value. This will lead to provide promising stance for the manufacturers during the forecast period.

Additionally, muted demand from automobile, electrical & electronic and construction industry is likely to hamper the production of harmonic generators and will directly effect the revenue of the manufacturers across the globe. Although the rapid urbanization and industrialization in developing countries such as India, China and other North American countries is poised to surge the sale with impressive growth rate of more than 6.5% during the years to come.

What is Driving Demand for Harmonic Generators?

The increasing consumption of high power electrical & electronics machineries in various end use industries is likely to provide numerous opportunities to the manufacturers globally.

Due to high utilization of power electronics, the quality of electric supply has to be monitored every time in manufacturing units. This will lead to increase the life time of the machinery, and create significant value for harmonic generators.

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Key Segments

  • By Product Type

    • Automated Harmonic Generator
    • Picosecond Harmonic Generator
    • Femtosecond Harmonic Generator
    • Harmonic Generator with SHBC
    • Third Harmonic Generator
    • Others
  • By Output

    • 200-400 nm
    • 400-600nm
    • 600-800nm
    • >800nm
  • By Power Output

    • 20W
    • 40W
    • 60W
    • 80W
    • Others
  • By Design Type

    • Integrated
    • Free Standing
  • By Harmonic Selection

    • Manual
    • Automated
  • By Output Pulse Duration

    • 50-100fs
    • 100-200fs
    • 200-400fs
    • >400fs
  • By Region

    • North America
      • US & Canada
    • Latin America
      • Brazil, Mexico, Argentina & Rest of Latin America
    • Europe
      • Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
    • East Asia
      • China, Japan, South Korea
    • South Asia
      • India, Thailand, Malaysia, Indonesia and Rest of South Asia
    • Oceania
      • Australia and New Zealand
    • Middle East and Africa
      • GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa

Who are the Key Manufacturers and Suppliers of Harmonic generators?

Some of the leading manufacturers and suppliers of harmonic generators include ADVANCED PHOTONICS INC., COHERENT, Ultrafast systems, Ethicon, LIGHT CONVERSION, Wuhan Hezhong Electric Equipment Manufacture Co., Ltd., Huazheng Electric Manufacturing (Baoding) Co., Lt, WENZHOU JUNKE ELECTRIC CO., LTD., eurofins, Shenzhen Sinexcel Electric Co., Ltd., Alltrade Pacific Co., Ltd., Tek E Industry Grp Co., Ltd., SaLICrU, Hebei Machinery Import & Export Co., Ltd., Mumedia Photoelectric Ltd and other prominent companies.

Many leading manufacturers are more focused on to use alternative renewable power source such as wind energy and solar energy for harmonic generators. This is likely to improve the product penetration into the marketplace.

Moreover, the market is highly consolidated in nature since a large number of dominant key players are present across the globe. Emphasize is given on the adoption of inorganic growth strategy such as merger, expansion, acquisition, partnership and collaboration of the companies.

Automotive and heavy industrial manufacturing demand has been impacted by COVID-19-induced slowdown across globe. This also had ripple effect on the sales of harmonic generators in Q2 and Q3 of 2020. Automobile and industrial manufacturing activity are associated with consumption of high power, this is attributed to advancing need of electricity with uninterrupted supply.

Harmonic generators are also used extensively in electrical industry as well, since it is highly efficient for induced voltage test. This is the key factor which also accounts for noteworthy sale in electrical industries.

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