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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. High frequency line trap is a parallel resonant circuit which requires minimum or negligible maintenance. These line traps are fixed inline on high-voltage AC communication power lines that helps avert the transmission of carrier signals with high frequency to undesirable directions. The high frequency line traps acts as a low impedance path for power frequency and a high impedance track for the tuned frequency.

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 highly reliable communication channel, reliable tuning system, compact size, minimum maintenance, and 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

High Frequency Line Traps Market

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Power Transmission Segment Dominated the Application Market

Based on application, the high frequency line traps market was led by 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 purposes. Furthermore, growing operations in the electric power network are also contributing to this high market share. However, growing developments in telecom industry is also driving the demand for these line traps in telecommunication industry.

High Frequency Line Traps Market

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North America Dominated the Market by Region

In 2018, North America led the global high frequency line traps market by contributing a 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.

High Frequency Line Traps Market

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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 Hilkar.

High Frequency Line Traps Market

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. Compounded Annual Growth Rate (CAGR) for each respective segment 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. The report provides a holistic view of global high frequency line traps market based on product type, application, and geography. Key segments covered in the report are as follows:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion
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 (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 (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of high frequency line traps in 2018 and forecast up to 2027?
  • Which is the largest regional market for high frequency line traps?
  • What are the major trends followed in high frequency line traps market across different regions?
  • Who is the key high frequency line traps companies leading the market?
  • What are the key strategies adopted by the leading high frequency line traps companies in market?

Unique data points of this report

  • Statistics on high frequency line traps penetration and spending worldwide
  • Recent trends across different regions in terms of adoption of high frequency line traps for various applications.
  • 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)
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Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
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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