EMC Shielding and Test Equipment Market Share, Size, Trends, Industry Analysis Report, By Equipment Type (Amplifiers, Spectrum Analyzers, EMI Receivers); By Material; By End-User; By Region; Segment Forecast, 2024 - 2032
The global EMC shielding and test equipment market size is expected to reach USD 11.92 billion by 2032, according to a new study by Polaris Market Research. The report “EMC Shielding and Test Equipment Market Share, Size, Trends, Industry Analysis Report, By Equipment Type (Amplifiers, Spectrum Analyzers, EMI Receivers); By Material; By End-User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growth of the EMC shielding and test equipment market is mainly propelled by the growing consumer electronics sector, rising electromagnetic pollution, and ongoing field and driver tests showcasing the effectiveness of 5G technology. The COVID-19 pandemic has significantly impacted nearly every industry worldwide, disrupting supply chains and hindering various industrial operations. As a result, many companies have either suspended or decreased their production capacities.
The global lockdown imposed due to COVID-19 resulted in environmental and social restrictions, leading to the closure of production facilities during the initial phase of the pandemic. While a few industries were allowed to continue operations, the consumer electronics and automotive sectors witnessed a decline in product demand. These circumstances have impacted the EMC shielding and test equipment market, with very recent EMC shielding solutions and testing equipment expected to be utilized by these industries during the ongoing crisis.
The increasing adoption of electric vehicles (EVs) is creating a significant opportunity for the EMC shielding and test equipment market. As the world moves towards sustainable transportation, there is a rising demand for EVs, which heavily rely on complex electronic systems such as electric powertrains and advanced driver-assistance systems (ADAS). For EVs to operate well and be safe, these systems must be electromagnetically compatible. Therefore, the growing EV market requires simultaneous growth in EMC solutions to manage electromagnetic interference and ensure the smooth functioning of these advanced automotive technologies. This development puts the market for EMC shielding and test equipment in a leading position to assist the developing ecosystem of electric vehicles.
EMC Shielding and Test Equipment Market Report Highlights
The automotive segment dominated the market in 2023, driven by vehicles that are more vulnerable to electromagnetic interference (EMI) as a result of their increased reliance on electronic components such as advanced driver-assistance systems (ADAS), connection features, and electric powertrains.
The EMC shielding tapes & laminates segment led the market in 2023 and is expected to maintain its dominance due to these materials providing a flexible way to shield electronic systems and components, making it easier to integrate them into a range of applications.
Asia Pacific holds a significant revenue share in the global EMC shielding and test equipment market, driven by experiencing a significant increase in electronic device production, leading to a higher demand for effective electromagnetic compatibility (EMC) solutions.
The global key market players include Bureau Veritas, TUV SUD, Rohde & Schwarz, DEKRA CERTIFICATION B.V., Laird Technologies, Inc., PARKER HANNIFIN CORP, Tech Etch, Inc., PPG Industries, Inc., Keysight Technologies, 3M, RTP Company and HV TECHNOLOGIES, Inc
Polaris Market Research has segmented the EMC shielding and test equipment market report based on equipment type, material, end-user and region:
EMC Shielding and Test Equipment, Equipment Type Outlook (Revenue - USD Billion, 2019 - 2032)
Amplifiers
Spectrum Analyzers
EMI Receivers
Signal Generators
EMC Test Chambers
Transient Generators
Others
EMC Shielding and Test Equipment, Material Outlook (Revenue - USD Billion, 2019 - 2032)
EMC Shielding Tapes & Laminates
Conductive Polymers
Conductive Coatings & Paints
EMC Filters
EMC Shielding and Test Equipment, End-User Outlook (Revenue - USD Billion, 2019 - 2032)
Healthcare
Automotive
Aerospace & Defence
Consumer Electronics
IT & Telecommunications
Others
EMC Shielding and Test Equipment, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa