EMC Shielding and Test Equipment Market by Type (EMC Shielding [EMI Gasket, EMI Shielding Tape, Vent & Filters, EMI Enclosure, and Others] and EMC Test Equipment [Spectrum Analyzers, EMI Test Receivers, Impulse Generators, and Others]), Application (Consumer Electronics, Healthcare, IT & Telecommunications, Aerospace & Defense, Automotive, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030
The Global EMC Shielding and Test Equipment Market size was valued at USD 7.49 Billion in 2022 and is expected to surpass USD 13.77 Billion by 2031, expanding at a CAGR of 7% during the forecast period, 2023 – 2031. The market growth is attributed to the increasing demand for shielding solutions to manage the rising number of electromagnetic interference (EMI) problems.
Growing population, rising disposable income, changing lifestyles, and high demand for luxury & high-end products to improve the standard of living results in the surging adoption of electronic devices and equipment across the globe. Electronic devices aid in fulfilling an individual need as well as boosts the growth of various industries.
The adoption of electronic devices facilitates high productivity, improved learning, improved communication, information storage, and others. the integration of such devices helps in opening new revenue channels, increasing sales with wide distribution, and rising market share that boosts economic growth across the globe.
Electronic devices go through several tests to ensure their high quality before these devices are made available for consumers to purchase. These electronic devices consist of many electric components, which are susceptible to electromagnetic interference (EMI). EMI causes malfunctions in electronic devices, where these devices work poorly or stop working completely.
EMC shielding and test equipment allow manufacturers to check the interaction and interference of electronic devices with other electronic components. These shielding and test equipment facilitate manufacturers to understand how to shield electronic devices from electromagnetic interference.
EMC testing equipment refers to equipment and devices that are used to evaluate the integrity of any product and the electrical performances of those products. EMC shielding is referred to any technique or method used to protect electronic devices from any external electromagnetic signal and prevent the leaking of strong signals to the surrounding electronics.
EMC shielding and test equipment help manufacturers achieve reliability in their products. These test equipment and shielding methods enhance product safety and quality to reduce warranty issues. It provides information regarding potential issues in the products. Manufacturers reduce product service costs by adopting these tests and methods.
COVID-19 Impact on EMC Shielding and Test Equipment Market
The global EMC shielding and test equipment market demand was affected moderately during the COVID-19 period. The lockdown, social distancing policies, travel restrictions, and other pandemic-related regulations resulted in a decline in demand for consumer electronics among consumers. However, demand for electronic healthcare devices increased during the pandemic. The demand for advanced medical equipment increased during the pandemic to cater to the growing number of medical challenges across the globe. A surge in the number of medical devices launched during the pandemic boosted the global market growth.
EMC Shielding and Test Equipment Market Dynamics
The research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The global EMC shielding and test equipment industry report has up-to-date insights about market dynamics and market scenarios that can shape the overall market performance and output during the forecast period, 2022 to 2030.
Trends
Increasing integration of 5G cellular network technology in consumer devices such as smartphones aids in increasing the speed and responsiveness of wireless communications. 5G technology supports the rapid adoption of the Internet of Things (IoT) in smart home systems, smart wearables, appliances, and others.
Manufacturers need to integrate EMC shielding and test equipment to avoid electronic devices getting impacted by external and internal electromagnetic waves. 5G cellular network technology is one of the current market trends that spurs the global market growth.
Drivers: High Demand for Consumer Electronics
Rapid urbanization, growing population, and rising disposable income contribute to the increasing demand for consumer electronics among consumers across the globe. Electronics such as smartphones, tablets, and laptops witnessed an increase in their sales during the pandemic, due to work-from-home policies. Increased usage of various consumer electronics leads to a surge in the need for EMC shielding devices. Fluctuating supply voltages, fast slew rates, high packaging density, rising clock frequencies, and demand for lightweight and inexpensive devices boost the global market growth.
Drivers: Growing Acceptance of EMC Shielding Devices and Test Equipment
Increasing number of industries such as automotive, IT & telecommunications, healthcare, and consumer electronics are adopting EMC shielding devices and test equipment to maintain the quality of products. Growing demand and integration of these devices and equipment for various applications, especially in the automotive industry, is estimated to drive the global market growth in the coming years.
Restraints: High Costs of Shielding and Test Equipment
EMC shielding devices and test equipment are made with various materials such as metal, conducting, polymers, and plastics. Metal is the most used material in these devices. However, the heavy weight and high cost of metal are anticipated to hamper the global market growth during the forecast period.
Restraints: Reduced Dimensions of Products
Increasing demand for small and lightweight electronic products among consumers propels manufacturers to use advanced technologies such as integrated circuits to decrease the sizes of various products. However, reduced dimensions pose a hindrance in integrating EMC shielding into these products. The close proximity of several components in products, the inability of reusing existing shielding technology in newly designed products, and rising concerns regarding signal interference are anticipated to limit the global market growth in the coming years.
Growth Opportunities
Growing environmental awareness among consumers has boosted the demand and adoption of electric vehicles across the globe. Electric vehicles have more components susceptible to electromagnetic interference and electromagnetic radiation such as motors, power converters, wireless chargers, batteries, and others compared to traditional engine-based vehicles.
The requirement for power is higher in electric vehicles than in electric systems fitted in conventional vehicles. Increasing demand for electric vehicles surges the demand for EMC shielding devices and test equipment, which offers lucrative opportunities for the market players.
Scope of EMC Shielding and Test Equipment Market Report
The global EMC shielding and test equipment market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
EMC Shielding and Test Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Type (EMC Shielding [EMI Gasket, EMI Shielding Tape, Vent & Filters, EMI Enclosure, and Others] and EMC Test Equipment [Spectrum Analyzers, EMI Test Receivers, Impulse Generators, and Others]) and Application (Consumer Electronics, Healthcare, IT & Telecommunications, Aerospace & Defense, Automotive, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, EMC Shielding and Test Equipment Market Size and Analysis, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
ALS; SGS Société Générale de Surveillance SA; Bureau Veritas; TÜV SÜD; Rohde & Schwarz; DEKRA CERTIFICATION B.V.; Laird Technologies, Inc.; PARKER HANNIFIN CORP; Tech Etch, Inc.; PPG Industries, Inc.; Keysight Technologies; 3M; RTP Company; HV TECHNOLOGIES, Inc.; Kemtron Ltd; ETS-Lindgren; KITAGAWA INDUSTRIES CO., LTD.; and Others |
EMC Shielding and Test Equipment Market Segment Insights
How is the EMC Shielding Segment generating more revenue share in the EMC Shielding and Test Equipment Market?
In terms of type, the EMC shielding and test equipment industry is bifurcated into EMC shielding and EMC testing equipment. The EMC shielding segment is divided into EMI gasket, EMI shielding tape, vent & filters, EMI enclosure, and others. The EMC testing equipment segment is further segregated into spectrum analyzers, EMI test receivers, impulse generators, and others.
The EMC shielding segment is expected to attribute a large market share during the forecast period, owing to the increasing demand for various consumer electronic products across the globe. Growing trend of electric vehicles offers various applications for the integration of EMC shielding.
This type of shielding is used in various applications such as EMI shielding tapes, EMI closures, EMI gaskets, and others. These various shielding devices are used in several industries such as automotive, consumer electronics, and healthcare. Wide adoption of shielding devices in the growing automotive industry propels the segment.
Which Major Factors influence the Significant Growth of the Consumer Electronics Segment?
On the basis of application, the global market is segregated into consumer electronics, healthcare, it & telecommunications, aerospace & defense, automotive, and others. The consumer electronics segment is projected to hold a key market share during the forecast period, owing to the rapid adoption of digitization, smart home equipment, and the Internet of Things (IoT) connected devices.
Manufacturers are increasingly adopting EMC shielding and test equipment to ensure product quality. Wide adoption of these equipment and shielding facilitates manufacturers to comply with strict government regulations to ensure that consumer electronic products are electromagnetically compatible.
Increasing population, rising disposable income, and growing demand for high-tech products such as smartphones, laptops, and tablets in developing economies such as India and China boost the segment growth.
Why is Asia Pacific dominating EMC Shielding and Test Equipment Market?
Based on region, the global EMC shielding and test equipment industry is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific held a large market share in 2019, and it is expected to dominate the global market during the forecast period. Increasing demand for consumer electronics products in countries such as India, Japan, China, South Korea, and Indonesia is projected to boost the demand for EMC shielding and test equipment across the region.
Continuous technological advancements in wireless cellular infrastructure, increasing adoption of smartphones, and high demand for mobile data services in the region propels the EMC shielding and test equipment market demand in Asia Pacific. Countries such as China and Japan are becoming major automotive hubs across the region. Growing population, rising demand for advanced vehicles, and increasing adoption of electronic systems in the automotive industry in Asia Pacific drive the market growth in the region.
The EMC shielding and test equipment market demand in Europe is anticipated to expand at a significant rate in the coming years, due to strict government regulations for maintaining product quality. Increasing number of manufacturers are adopting shielding and equipment to meet stringent regulations and standards to maintain environment and product safety. Growing digital platforms and technologically advanced infrastructure in the region spur the market growth in Europe.
The market in North America is estimated to register a significant CAGR during the forecast period, owing to the high adoption of EMC shielding and test equipment in the growing IT and telecommunication industry in the region. The region is estimated to register a market value of around USD 3.8 Billion in the coming years.
2. Assumptions and Acronyms Used
3. Research Methodology
4. EMC Shielding and Test Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. EMC Shielding and Test Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. EMC Shielding and Test Equipment Market - Supply Chain
4.5. Global EMC Shielding and Test Equipment Market Forecast
4.5.1. EMC Shielding and Test Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. EMC Shielding and Test Equipment Market Size (000’ Units) and Y-o-Y Growth
4.5.3. EMC Shielding and Test Equipment Market Absolute $ Opportunity
5. Global EMC Shielding and Test Equipment Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. EMC Shielding and Test Equipment Market Size and Volume Forecast by Types
5.3.1. EMC Shielding
5.3.2. EMC Test Equipment
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global EMC Shielding and Test Equipment Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. EMC Shielding and Test Equipment Market Size and Volume Forecast by Applications
6.3.1. Consumer Electronics
6.3.2. Healthcare
6.3.3. IT & Telecommunications
6.3.4. Aerospace & Defense
6.3.5. Automotive
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global EMC Shielding and Test Equipment Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. EMC Shielding and Test Equipment Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global EMC Shielding and Test Equipment Demand Share Forecast, 2019-2026
8. North America EMC Shielding and Test Equipment Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America EMC Shielding and Test Equipment Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America EMC Shielding and Test Equipment Market Size and Volume Forecast by Types
8.4.1. EMC Shielding
8.4.2. EMC Test Equipment
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America EMC Shielding and Test Equipment Market Size and Volume Forecast by Applications
8.7.1. Consumer Electronics
8.7.2. Healthcare
8.7.3. IT & Telecommunications
8.7.4. Aerospace & Defense
8.7.5. Automotive
8.7.6. Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America EMC Shielding and Test Equipment Demand Share Forecast, 2019-2026
9. Latin America EMC Shielding and Test Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America EMC Shielding and Test Equipment Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America EMC Shielding and Test Equipment Market Size and Volume Forecast by Types
9.4.1. EMC Shielding
9.4.2. EMC Test Equipment
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America EMC Shielding and Test Equipment Market Size and Volume Forecast by Applications
9.7.1. Consumer Electronics
9.7.2. Healthcare
9.7.3. IT & Telecommunications
9.7.4. Aerospace & Defense
9.7.5. Automotive
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America EMC Shielding and Test Equipment Demand Share Forecast, 2019-2026
10. Europe EMC Shielding and Test Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe EMC Shielding and Test Equipment Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe EMC Shielding and Test Equipment Market Size and Volume Forecast by Types
10.4.1. EMC Shielding
10.4.2. EMC Test Equipment
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe EMC Shielding and Test Equipment Market Size and Volume Forecast by Applications
10.7.1. Consumer Electronics
10.7.2. Healthcare
10.7.3. IT & Telecommunications
10.7.4. Aerospace & Defense
10.7.5. Automotive
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe EMC Shielding and Test Equipment Demand Share Forecast, 2019-2026
11. Asia Pacific EMC Shielding and Test Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific EMC Shielding and Test Equipment Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific EMC Shielding and Test Equipment Market Size and Volume Forecast by Types
11.4.1. EMC Shielding
11.4.2. EMC Test Equipment
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific EMC Shielding and Test Equipment Market Size and Volume Forecast by Applications
11.7.1. Consumer Electronics
11.7.2. Healthcare
11.7.3. IT & Telecommunications
11.7.4. Aerospace & Defense
11.7.5. Automotive
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific EMC Shielding and Test Equipment Demand Share Forecast, 2019-2026
12. Middle East & Africa EMC Shielding and Test Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa EMC Shielding and Test Equipment Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa EMC Shielding and Test Equipment Market Size and Volume Forecast by Types
12.4.1. EMC Shielding
12.4.2. EMC Test Equipment
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa EMC Shielding and Test Equipment Market Size and Volume Forecast by Applications
12.7.1. Consumer Electronics
12.7.2. Healthcare
12.7.3. IT & Telecommunications
12.7.4. Aerospace & Defense
12.7.5. Automotive
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa EMC Shielding and Test Equipment Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global EMC Shielding and Test Equipment Market: Market Share Analysis
13.2. EMC Shielding and Test Equipment Distributors and Customers
13.3. EMC Shielding and Test Equipment Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. ALS
13.4.2. SGS Société Générale de Surveillance SA
13.4.3. Bureau Veritas
13.4.4. TÜV SÜD
13.4.5. Rohde & Schwarz
13.4.6. DEKRA CERTIFICATION B.V.
13.4.7. Laird Technologies, Inc.
13.4.8. PARKER HANNIFIN CORP
13.4.9. Tech Etch, Inc.
13.4.10. PPG Industries, Inc.
13.4.11. Keysight Technologies
13.4.12. 3M
13.4.13. RTP Company
13.4.14. HV TECHNOLOGIES, Inc.
13.4.15. Kemtron Ltd
13.4.16. ETS-Lindgren
13.4.17. KITAGAWA INDUSTRIES CO., LTD.
13.4.18. Others