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High Frequency Line Traps Market By Type (Main Coil, The Tuning Device, Surge Arrester), By Application (Power Transmission, Telecom, Others) - Growth, Future Prospects, And Competitive Landscape, 2019 -2027

Growing Significance of Rapid and Reliable Data Transmission Is Driving the High-Frequency Line Traps Market

Globally, the high-frequency line traps market is projected to grow with a CAGR of over 7.0% during the forecast period from 2019 to 2027. A high-frequency line trap is a parallel resonant circuit that requires minimum or negligible maintenance. These line traps are fixed inline on high-voltage AC communication power lines that help avert the transmission of carrier signals with high frequency to undesirable directions. In addition, the high-frequency line traps act as a low impedance path for power frequency and a high impedance track for the tuned frequency.

The increasing importance of reliable and fast data transmission has driven the demand for high-frequency line traps. The high-frequency line traps have numerous features, such as a highly reliable communication channel, reliable tuning system, compact size, minimum maintenance, and a wide range of terminals. These features are largely contributing to its increasing adoption and thus driving the growth of this market. However, factors such as interferences produced and complex installations are likely to have a negative impact on the market growth during the forecast period.

Market Synopsis

Power Transmission Segment Dominated the Application Market

Based on application, the high-frequency line traps market was led by the power transmission segment, with a market share of over 60% in 2018. As these line traps provide fast and reliable signals, they are largely adopted for power transmission. Furthermore, growing operations in the electric power network are also contributing to this high market share. However, growing developments in the telecom industry are also driving the demand for these line traps in the telecommunication industry.

North America Dominated the Market by Region

In 2018, North America led the global high-frequency line traps market by contributing the largest market share of over 40% of the total revenue generated. Development in the power and energy industry, growing demand for fast and reliable energy and data transmission, and growing industrialization are the major factors contributing to the growth of this market. However, Asia-Pacific is projected to grow at a significant rate during the forecast period.

Some of the prominent players operating in the high-frequency line traps market include ABB, Siemens, GE, Arteche Group, FdueG Srl, Phoenix Electric Corporation, Laxmi Electronics, Trench Group, United Automation, and Hilker.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The high-frequency line traps market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global high-frequency line traps market based on product type, application, and geography. Key segments covered in the report are as follows:

Segmentation Product Type Segment (2017–2027; US$ Bn)

  • Main Coil
  • The Tuning Device
  • Surge Arrester

Application (2017–2027; US$ Bn)

  • Power Transmission
  • Telecom
  • Other

Geography Segment (2017–2027; US$ Bn)

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa, Latin America)

Unique data points of this report

  • Statistics on high-frequency line traps penetration and spending worldwide
  • Recent trends across different regions in adopting high-frequency line traps for various applications exist.
  • Notable developments going on in high-frequency line traps market
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently asked questions :

The market for High Frequency Line Traps Market is expected to reach US$ XX Bn in 2027.

The High Frequency Line Traps Market is expected to see significant CAGR growth over the coming years, at 7.0%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

Arteche Group, FdueG srl, Siemens AG, ABB Ltd., Phoenix Electric Corporation are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Oct 2019
Category:  Energy
Report ID:   59976
Report Format:   PDF
Pages:   120
Rating:    4.1 (69)
Delivery Time: 24 Hours to 48 Hours   
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