Global Electromagnetic Compatibility (EMC) Shielding Market is Expected to Grow at A CAGR of 6.09%

Date: 2015-10-19

Electromagnetic compatibility of a device or system is an important aspect from the safety and protection point of view. Electromagnetic compatibility ensures that a device won’t interfere with its surrounded device or system and also immune enough to sustain standard performance under subjected electromagnetic environment. The portability of the electronics devices raise a challenge for EMC engineers, and it influences the design of the final product. The electromagnetic interference can be in two forms—radiated and conducted type.  Different electronic test equipment are used to measure these parameters, and EMI test receivers, signal generators, amplifiers, and ESD simulators are some of them. Antennas, LISN, CDN, probes, EM clamps are some key accessories that are being employed in this market. In the electromagnetic compatibility test equipment market, there is a demand for quick, reliable, and automatic equipment.           

The global market for electromagnetic compatibility (EMC) shielding is expected to grow at a CAGR of 6.09% from 2015 to 2020. Asia-Pacific is expected to continue leading the market and is the hub for several electronics and chip manufacturing companies which are key elements of the value chain of this market. Moreover, the said market in the North American and European regions is also expected to gain a significant traction during the forecast period. The market for electromagnetic compatibility (EMC) test equipment was valued at USD 1.38 billion in 2014, and Asia-Pacific held the largest share of the said market, followed by North America and Europe. The growth of third-party laboratories and commoditization of third-party EMC labs is expected to drive the demand for electromagnetic compatibility (EMC) test equipment.

The report profiles the key players in the electromagnetic compatibility (EMC) shielding and test equipment market with their respective market rank analysis. The prominent players profiled in this report include Laird Plc. (U.K.), Chomerics (U.S.). Tech-Etch, Inc. (U.S.), Leader Tech, Inc. (U.S.), Kitagawa Industries Co., Ltd. (Japan), Rohde & Schwarz GMBH & CO. KG (Germany), Keysight Technologies, Inc. (U.S.), AR Inc. (U.S.), Teseq AG (Switzerland), and EM Test (Switzerland).

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