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Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market Growth
The market for electromagnetic compatibility (EMC) shielding and test equipment has experienced significant growth in recent years. The size of this market is projected to expand from $7.87 billion in 2024 to $8.41 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.8%. The impressive growth during the historical period can be linked to various factors, including early adoption of communication systems by the military, explosive growth in consumer electronics, strict government guidelines on electronic interference, an escalating number of connected vehicles, and an heightened awareness of EMC standards among manufacturers.
Anticipated for robust expansion in the forthcoming years, the market size of electromagnetic compatibility (EMC) shielding and testing equipment is projected to escalate to $10.79 billion by 2029, with a compound annual growth rate (CAGR) of 6.4%. This growth set for the forecast period is due to the intensifying focus on renewable energy systems, the proliferation of smart home and building technologies, amplified consciousness around electromagnetic pollution, the intricate nature of electronic systems in defense applications, and surge in investment into research and development for EMC solutions. Prominent trends for the forecast period encompass the escalating adoption of hybrid EMC testing techniques, a surging demand for miniaturized EMC shielding solutions, the burgeoning significance of real-time EMC monitoring, introduction of cutting-edge simulation software intended for EMC analysis, and the incorporation of artificial intelligence into EMC testing process.
What Is Driving the Growth Trajectory of the Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market?
The surge in the requirement for electronic devices is anticipated to drive the expansion of the electromagnetic compatibility (EMC) shielding and test equipment market. EMC shielding and test equipment assures that electronic equipment functions dependably in the settings they were designed for. Shielding safeguards gadgets from external disturbances while preventing them from releasing harmful EMI. Concurrently, testing equipment enables designers and engineers to assess and reduce EMI problems, ensuring conformity to regulatory standards and improving the overall performance and safety of electronic items. For example, as per the 2022 annual financial report published by LG, a South Korean consumer electronics enterprise, the company reached an annual revenue exceeding $60 billion in January 2023, showing a 12.9% rise from 2021, when revenues first topped around $52.70 billion. Furthermore, the LG Home Appliance & Air Solution Company managed to generate $22.5 billion in revenue, marking a 10.3% growth from the previous year. Hence, the surge in demand for electronic gadgets is fueling the expansion of the EMC shielding and test equipment market.
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Who Are the Major Industry Players Fueling Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market Expansion?
Major companies operating in the electromagnetic compatibility (EMC) shielding and test equipment market are 3M Company, Parker-Hannifin Corporation, TDK Corporation, AMETEK Inc., Tektronix, Teledyne LeCroy, Keysight Technologies, Rohde & Schwarz GmbH & Co. KG, National Instruments, Anritsu Corporation, RTP Company, Laird Technologies Inc., ETS-Lindgren, RIGOL TECHNOLOGIES Co. LTD., Leader Tech Inc., Schmid & Partner Engineering AG, Kemtron Ltd., HV TECHNOLOGIES Inc., EMC Technologies, KGS Kitagawa Industries Co. Ltd
Which Key Developments Are Influencing the Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market?
Key players in the EMC shielding and test equipment market are focusing on technological innovations such as the development of switchable three-phase coupling networks to improve their service offerings. These devices play a critical role in adjusting their decoupling inductance dynamically based on the selected current range and are typically used for three-phase power lines. A case in point is the November 2023 launch by Switzerland's AMETEK CTS, a leader in EMC compliance testing and RF power amplifiers, of the Teseq switchable three-phase coupling network, dubbed CDN 3063A-C100.1. Intended to meet the IEC 61000-4-5 surge standard, it allows for the selection of current ranges of 32 A, 63 A, and 100 A. The CDN 3063A-C100.1 is housed in a slim 34 HU rack and is compatible with the NSG 3060A compact generator. This product notably makes the test setup user-friendly, cost-effective, and compliant with industry norms.
How Is the Segmentation of the Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market Defined?
The electromagnetic compatibility (EMC) shielding and test equipment market covered in this report is segmented -
1) By Equipment Type: Amplifiers, Spectrum Analyzers, Electromagnetic Interference (EMI) Receivers, Signal Generators, Electromagnetic Compatibility (EMC) Test Chambers, Transient Generators, Other Equipment Types
2) By Material: Electromagnetic Compatibility (EMC) Shielding Tapes And Laminates, Conductive Polymers, Conductive Coatings And Paints, Electromagnetic Compatibility (EMC) Filters
3) By End-User: Healthcare, Automotive, Aerospace And Defense, Consumer Electronics, Information Technology And Telecommunications, Other End-Users
Subsegments:
1) By Amplifiers: Wideband Amplifiers, Low Noise Amplifiers, Power Amplifiers
2) By Spectrum Analyzers: Real-Time Spectrum Analyzers, Network Spectrum Analyzers, Portable Spectrum Analyzers
3) By Electromagnetic Interference (Emi) Receivers: Portable Emi Receivers, Benchtop Emi Receivers
4) By Signal Generators: Rf Signal Generators, Microwave Signal Generators, Vector Signal Generators
5) By Electromagnetic Compatibility (Emc) Test Chambers: Anechoic Chambers, Shielded Chambers, Compact Emc Test Chambers
6) By Transient Generators: Electrostatic Discharge (Esd) Generators, Surge Generators, Burst Generators
7) By Other Equipment Types: Emc Probes And Sensors, Emi Or Emc Test Software, Antenna Systems
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What Is the Leading Region in the Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market?
Asia-Pacific was the largest region in the EMC shielding and test equipment market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the electromagnetic compatibility (EMC) shielding and test equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Electromagnetic Compatibility (EMC) Shielding And Test Equipment Global Market Report?
- Market Size Analysis: Analyze the Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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