Press release
Global Electromagnetic Compatibility (EMC) Shielding And Test Equipment Market Projected to Surpass $10.79 Billion by 2029 with 6.4% Annual Growth
Electromagnetic Compatibility (EMC) Shielding And Test Equipment
The growing demand for electronic devices is expected to fuel the growth of the electromagnetic compatibility (EMC) shielding and test equipment market. These devices ensure the reliability of electronic products by protecting them from electromagnetic interference (EMI) and facilitating compliance with regulatory standards. The rise in demand for electronic devices is driving the need for EMC shielding and testing equipment. For instance, in January 2023, LG reported a 12.9% revenue increase, exceeding $60 billion, illustrating the booming electronic product market. This surge in demand for electronics is contributing to the EMC shielding and test equipment market's growth.
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What is the future CAGR of the electromagnetic compatibility (emc) shielding and test equipment market, and how will it impact industry expansion?
The electromagnetic compatibility (EMC) shielding and test equipment market size has grown steadily in recent years. It will grow from $7.87 billion in 2024 to $8.41 billion in 2025, at a CAGR of 6.8%. This growth is driven by the widespread adoption of military communication systems, rapid growth in consumer electronics, and rising demand for connected cars.
The electromagnetic compatibility (EMC) shielding and test equipment market is set to grow to $10.79 billion by 2029 at a CAGR of 6.4%. The growth is driven by renewable energy emphasis, smart home technology growth, heightened electromagnetic pollution awareness, defense sector electronic complexity, and R&D investments. Key trends include hybrid EMC testing, miniaturized shielding solutions, real-time monitoring, advanced simulation software, and AI integration in testing processes.
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What are the most significant trends transforming the electromagnetic compatibility (emc) shielding and test equipment market today?
Companies in the EMC shielding and test equipment market are developing switchable three-phase coupling networks to provide better features. For example, in November 2023, AMETEK CTS, a Swiss company specializing in EMC compliance testing, introduced the Teseq coupling network CDN 3063A-C100.1. This product offers selectable current ranges of 32 A, 63 A, and 100 A and simplifies testing setups, making it cost-effective while ensuring compliance with industry standards like IEC 61000-4-5.
Which key market segments comprise the electromagnetic compatibility (emc) shielding and test equipment market and drive its revenue growth?
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 regions are at the forefront of electromagnetic compatibility (emc) shielding and test equipment market expansion?
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.
Who are the leading players fueling growth in the electromagnetic compatibility (emc) shielding and test equipment market?
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
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What Is Covered In The Electromagnetic Compatibility (EMC) Shielding And Test Equipment Global Market Report?
•Market Size Forecast: Examine the electromagnetic compatibility (emc) shielding and test equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the electromagnetic compatibility (emc) shielding and test equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the electromagnetic compatibility (emc) shielding and test equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the electromagnetic compatibility (emc) shielding and test equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the electromagnetic compatibility (emc) shielding and test equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the electromagnetic compatibility (emc) shielding and test equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the electromagnetic compatibility (emc) shielding and test equipment market.
•Competitive Landscape: Review strategic developments in the electromagnetic compatibility (emc) shielding and test equipment market, including expansions, agreements, and new product launches.
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