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 2022 to 2030. 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.
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 the telecommunication industry.North America Dominated the Market by Region
In 2021, 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 Hilkar.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of High Frequency Line Traps market are as follows:- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the High Frequency Line Traps market and their expected impact during the forecast period.
Market Segmentation
Type
- Main Coil
- The Tuning Device
- Surge Arrester
Application
- Power Transmission
- Telecom
- Others
Key questions answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of High Frequency Line Traps market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the High Frequency Line Traps market?
- Which is the largest regional market for High Frequency Line Traps market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving High Frequency Line Traps market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the High Frequency Line Traps market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global High Frequency Line Traps Market
2.2. Global High Frequency Line Traps Market, By Type, 2021 (US$ Million)
2.3. Global High Frequency Line Traps Market, By Application, 2021 (US$ Million)
2.4. Global High Frequency Line Traps Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021
3. High Frequency Line Traps Market: Competitive Analysis
3.1. Market Positioning of Key High Frequency Line Traps Market Vendors
3.2. Strategies Adopted by High Frequency Line Traps Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030
4. High Frequency Line Traps Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global High Frequency Line Traps Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
5. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Main Coil
5.3.2. The Tuning Device
5.3.3. Surge Arrester
6. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Power Transmission
6.3.2. Telecom
6.3.3. Others
7. North America High Frequency Line Traps Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
7.3. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
7.4.High Frequency Line Traps Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
7.4.1.1.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
7.4.1.2.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
7.4.1.3.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
8. UK and European Union High Frequency Line Traps Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
8.3. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
8.4.High Frequency Line Traps Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
8.4.1.1.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
8.4.1.2.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
8.4.1.3.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
8.4.1.4.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
8.4.1.5.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
8.4.1.6.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
9. Asia Pacific High Frequency Line Traps Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
9.3. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
9.4.High Frequency Line Traps Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
9.4.1.1.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
9.4.1.2.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
9.4.1.3.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
9.4.1.4.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
9.4.1.5.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
9.4.1.6.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
10. Latin America High Frequency Line Traps Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
10.3. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
10.4.High Frequency Line Traps Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
10.4.1.1.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
10.4.1.2.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
10.4.1.3.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
11. Middle East and Africa High Frequency Line Traps Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
11.3. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
11.4.High Frequency Line Traps Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
11.4.1.1.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
11.4.1.2.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. High Frequency Line Traps Market: By Type, 2020-2030, USD (Million)
11.4.1.3.1. High Frequency Line Traps Market: By Application, 2020-2030, USD (Million)
12. Company Profile
12.1. Arteche Group
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. FdueG srl
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. Siemens AG
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. ABB Ltd.
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. Phoenix Electric Corporation
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Laxmi Electronics
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Trench Group
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. United Automation
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Hilkar
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. General Electric
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
List of Figures
Figure 1 Global High Frequency Line Traps Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global High Frequency Line Traps Market: Quality Assurance
Figure 5 Global High Frequency Line Traps Market, By Type, 2021
Figure 6 Global High Frequency Line Traps Market, By Application, 2021
Figure 7 Global High Frequency Line Traps Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global High Frequency Line Traps Market, 2021
Figure 9 Market Positioning of Key High Frequency Line Traps Market Players, 2021
Figure 10 Global High Frequency Line Traps Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global High Frequency Line Traps Market, By Type, 2021 Vs 2030, %
Figure 12 Global High Frequency Line Traps Market, By Application, 2021 Vs 2030, %
Figure 13 U.S. High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 14 Canada High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 16 UK High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 17 Germany High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 18 Spain High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 19 Italy High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 20 France High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 22 China High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 23 Japan High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 24 India High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 25 Australia High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 26 South Korea High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 28 Brazil High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 29 Mexico High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 31 GCC High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 32 Africa High Frequency Line Traps Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa High Frequency Line Traps Market (US$ Million), 2020 - 2030
List of Tables
Table 1 Global High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 2 Global High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 3 North America High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 4 North America High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 5 U.S. High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 6 U.S. High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 7 Canada High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 8 Canada High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 9 Rest of North America High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 10 Rest of North America High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 11 UK and European Union High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 12 UK and European Union High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 13 UK High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 14 UK High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 15 Germany High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 16 Germany High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 17 Spain High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 18 Spain High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 19 Italy High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 20 Italy High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 21 France High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 22 France High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 23 Rest of Europe High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 24 Rest of Europe High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 25 Asia High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 26 Asia High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 27 China High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 28 China High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 29 Japan High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 30 Japan High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 31 India High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 32 India High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 33 Australia High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 34 Australia High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 35 South Korea High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 36 South Korea High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 37 Latin America High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 38 Latin America High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 39 Brazil High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 40 Brazil High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 41 Mexico High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 42 Mexico High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 43 Rest of Latin America High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 44 Rest of Latin America High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 45 Middle East and Africa High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 46 Middle East and Africa High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 47 GCC High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 48 GCC High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 49 Africa High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 50 Africa High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa High Frequency Line Traps Market By Type, 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa High Frequency Line Traps Market By Application, 2020-2030, USD (Million)
Companies Mentioned
- ABB
- Siemens
- GE
- Arteche Group
- FdueG srl
- Phoenix Electric Corporation
- Laxmi Electronics
- Trench Group
- United Automation
- Hilkar