Electromagnetic Compatibility Emc Shielding And Test Equipment Market Size, Share, Industry Trends and Forecast to 2030

Electromagnetic Compatibility (EMC) Shielding and Test Equipment Market Size & CAGR in 2021

The global electromagnetic compatibility (EMC) shielding and test equipment market is expected to witness a steady growth with a CAGR of 5.2% from 2021 to 2026. The market size for EMC shielding and test equipment was estimated to be USD 4.5 billion in 2021.

COVID-19 Impact on the EMC Shielding and Test Equipment Market

The COVID-19 pandemic had a mixed impact on the EMC shielding and test equipment market. While the initial lockdowns and supply chain disruptions caused a temporary slowdown in market growth, the increased adoption of remote work and digitalization during the pandemic boosted the demand for EMC shielding and test equipment.

Manufacturers in the market had to adapt to the new normal by implementing stringent safety protocols in their manufacturing facilities. The increased focus on cybersecurity and data protection also led to a higher demand for EMC shielding solutions to prevent electromagnetic interference.

EMC Shielding and Test Equipment Dynamics

The EMC shielding and test equipment market is driven by the growing complexity of electronic devices and the increasing need for electromagnetic compatibility to ensure reliable performance. The rise in wireless technologies, such as 5G, IoT, and automotive radar systems, has further fueled the demand for EMC shielding solutions.

Moreover, stringent regulations and standards regarding electromagnetic compatibility in industries like telecommunications, automotive, aerospace, and healthcare have also contributed to the growth of the EMC shielding and test equipment market. Companies are investing in R&D to develop innovative solutions to address the evolving EMC challenges.

Segments and Related Analysis

EMC Shielding

The EMC shielding segment accounted for the largest market share in 2021, driven by the increasing demand for electromagnetic interference protection in various electronic devices. With the rising complexity of electronic systems, the need for effective shielding solutions has become paramount.

EMC Test Equipment

The EMC test equipment segment is projected to witness significant growth during the forecast period, owing to the increasing focus on compliance testing and certification to meet regulatory requirements. The demand for reliable test equipment for EMC validation is expected to drive market growth.

By Region Analysis

North America

North America led the global EMC shielding and test equipment market in 2021, driven by the presence of major players, technological advancements, and stringent regulations on electromagnetic compatibility. The region is expected to maintain its dominance throughout the forecast period.

Europe

Europe is projected to witness significant growth in the EMC shielding and test equipment market, fueled by the increasing adoption of electric vehicles, 5G technology, and IoT devices. The region's focus on sustainability and environmental conservation is also driving the demand for EMC solutions.

Asia Pacific

Asia Pacific is anticipated to be the fastest-growing region for EMC shielding and test equipment, supported by the rapid expansion of electronics manufacturing and the adoption of advanced technologies in countries like China, Japan, and South Korea. The increasing investments in infrastructure and connectivity are driving market growth in the region.

Key Market Players and Competitive Landscape

The key players in the EMC shielding and test equipment market include companies like Laird Performance Materials, Chomerics, TE Connectivity, Rohde & Schwarz, Keysight Technologies, AR RF/Microwave Instrumentation, and ETS-Lindgren. These companies are focusing on product innovation, strategic partnerships, and acquisitions to strengthen their market presence.

Recent Happenings in the EMC Shielding and Test Equipment Market

In recent developments, Laird Performance Materials launched a new line of EMC gaskets for high-frequency applications to enhance electromagnetic shielding performance. Chomerics announced a strategic collaboration with a leading automotive manufacturer to provide customized EMC solutions for electric vehicles.

TE Connectivity introduced a new range of EMC connectors for industrial applications, ensuring reliable signal transmission and electromagnetic compatibility. Rohde & Schwarz partnered with a telecommunications company to develop advanced EMC test solutions for 5G networks.

Keysight Technologies expanded its portfolio of EMC test instruments with the launch of cutting-edge spectrum analyzers and signal generators for comprehensive electromagnetic interference testing. AR RF/Microwave Instrumentation introduced new EMC amplifiers with enhanced power handling capabilities for military and aerospace applications.

ETS-Lindgren unveiled a state-of-the-art EMC test chamber with advanced shielding technology to provide accurate and repeatable test results for compliance testing. These developments reflect the growing emphasis on EMC solutions in a rapidly evolving electronic ecosystem.