The global EMC shielding and test equipment market size is projected to register substantial growth from 2023 to 2033. According to Future Market Insights, the global market is anticipated to surpass a valuation of US$ 7,336.9 million in 2023. It is expected to hit a valuation of US$ 11,440.5 million by 2033. The market is predicted to record a CAGR of 4.5% from 2023 to 2033.
The adoption of EMC shielding and test equipment helps numerous automotive sectors test the entire performance of their vehicles. This is contributing to the market's expanding share. The market for EMC shielding and test equipment is booming. Owing to the rising consumer electronics demand, rising electromagnetic pollution, and continuing field trials and pilot testing to prove the viability of 5G technology. The EMC shielding and test equipment industry aids in the reduction of production problems in consumer electronics.
| Attributes | Details |
|---|---|
| EMC Shielding and Test Equipment Market Share (2022) | US$ 7,056.4 million |
| EMC Shielding and Test Equipment Market Share (2023) | US$ 7,366.9 million |
| EMC Shielding and Test Equipment Market Share (2033) | US$ 11,440.5 million |
| EMC Shielding and Test Equipment Market Share (2023 to 2033) | 4.5% |
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The global EMC shielding and test equipment market size expanded at a CAGR of 3.9% from 2018 to 2022. In 2018, the global market size stood at US$ 5,827.8 million. In the following years, the market experienced significant growth, accounting for US$ 7,355.9 million in 2022.
Strong EMC shielding and test equipment solutions are necessary due to the rise of new technologies and sectors, including 5G telecommunications, the Internet of Things (IoT), driverless cars, renewable energy, and medical equipment. These applications frequently operate in intricate electromagnetic settings, necessitating specialist equipment to guarantee dependable performance and regulatory compliance. Technology advancement has fueled the creation of increasingly advanced EMC shielding and test tools. Improvements in shielding materials, novel testing techniques, and machinery capable of handling higher frequencies and quicker data rates are only a few of these developments. These developments draw industries looking for cutting-edge solutions to their EMC-related problems, thereby fortifying the market’s growth potential.
EMI is produced by consumer electronic devices. EMC shielding is becoming more significant as electronic gadgets such as computers, mobile phones, and navigation systems become more common around the world. Factors such as the high potential for emissions owing to higher clock frequencies, variable supply voltages, quicker slew rates, and increased package density. As well as the high need for lighter, smaller, cheaper, and low-power devices, are all driving the demand for EMC shielding. As a result, various guidelines and legislation in favor of EMC shielding solutions and their providers have emerged. Reliable EMI protection contributes considerably to machine reliability, making it a valuable selling factor for electric systems and machine manufacturers.
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The cost of EMC shielding systems typically involves the expense of assessing the compliance of multiple operations. Such as cleaning, loading and unloading, and masking, against set criteria. This additional cost is added to the overall cost of the finished product. Many electronic device makers consider EMC shielding during the design process and subsequently create products that meet the needs of the target market.
According to FMI research, the main element that gives market prospects is the rising demand for EMC Test Equipment. This technology aids in the removal of the complexities and challenges that impede the production of consumer electrical items. Other prospects to work on include the widespread use of such technology in the automobile industry. The expansion of wireless networks, as well as the growth of the IT and telecommunications industries, all contribute to the international market’s expansion.
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The smaller the components are and the closer they are together, the more likely they are to be exposed to EMC from adjacent components inside the same device. The reduced dimension also limits the amount of area that may be used for EMC shielding. It’s difficult to spot EMI with such little electronics. While basic off-the-shelf shielding boxes have been utilized in the past, their inability to fit into existing designs prevents them from being used in these tiny devices. This mandates the usage of bespoke shielding technologies, which raises the overall cost of the device.
The market for EMC shielding and test equipment is divided into four categories: type, vertical, application, and geography. The growing demand for consumer electronics, as well as the growing popularity of electric cars. Both create massive opportunities for EMC shielding solutions to be used in a range of applications. Due to the growing need for EMC shielding, the market for EMC shielding is expected to dominate throughout the forecast period. The global market is projected to rise due to rising needs in automation and the IT and telecommunications sectors.
EMC shielding solutions including conductive coatings and paints. EMC shielding tapes and laminates, EMC filters, and metal shielding are commonly used in industries like healthcare, consumer electronics, and automotive to shield various devices. The rising demand for consumer electronics, rising electromagnetic pollution, and the expanding popularity of electric vehicles all present significant prospects for EMC shielding solutions to be adopted in a variety of applications. Due to the increasing need for EMC shielding, the market is predicted to record a CAGR of 4.5% over the forecast period.
Based on vertical, consumer electronics has more potential, with a CAGR of 4.1% predicted by 2033. In 2022, the consumer electronics segment by vertical captured 32.0% shares in the global market. Electromagnetic signals are emitted by nearly all electrical and electronic devices. Electromagnetic pollution rises dramatically as consumer devices become more widely used. As a result, these signals must be kept within certain parameters to minimize interference and damage to a device’s electrical circuitry, as well as performance degradation.
During the forecasting period, Asia Pacific is predicted to expand. This is due to the growing demand for EMC shielding and test equipment in the region’s manufacturing industry. This region is anticipated to grow at an exponential rate in the future years, gaining a competitive advantage in the global market. In 2022, India, China, and Japan captured 6.1%, 5.8%, and 5.9% shares in the global market.
The broad acceptance of EMC shielding and test equipment in the development of the IT and telecommunication industries may boost the market in North America. The region is predicted to attain a market value of US$ 3.7 billion during the forecasted period. In 2022, the United States captured 24.7% shares in the global market.
| Country | United States |
|---|---|
| CAGR Share in Global Market (2022) | 24.7% |
| Country | India |
|---|---|
| CAGR Share in Global Market (2022) | 6.1% |
| Country | China |
|---|---|
| CAGR Share in Global Market (2022) | 5.8% |
| Country | Japan |
|---|---|
| CAGR Share in Global Market (2022) | 5.9% |
How Competition Impacts the Market?
The development of innovative and efficient services is the primary focus of players in the EMC shielding and test equipment. Research shows how the competitors are taking advantage of the opportunities present in the EMC shielding and test equipment. The research also includes a competitive landscape section that includes a competition matrix. Moreover, market share analysis of leading players in the global EMC shielding and test equipment based on revenues, and profiles of key players.
Recent Developments Observed by FMI:
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | US$ million for Value |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; The Middle East & Africa (MEA) |
| Key Countries Covered | United States, Canada, Germany, United Kingdom, Nordic, Russia, BENELUX, Poland, France, Spain, Italy, Czech Republic, Hungary, Rest of EMEAI, Brazil, Peru, Argentina, Mexico, South Africa, Northern Africa, GCC Countries, China, Japan, South Korea, India, ASEAN, Thailand, Malaysia, Indonesia, Australia, New Zealand, Others |
| Key Segments Covered | Type, Vertical, Application, Region |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The net worth of the market is expected to be US$ 11,440.5 million by 2033.
The market is calculated to expand at a CAGR of 4.5% through 2033.
The market expanded at a CAGR of 3.9% from 2018 to 2022.
Expansion of wireless networks and thriving IT sector is shaping the market’s growth.
Parker-Hannifin, Ppg Industries, and Henkel are actively participating in the market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Type, 2023 to 2033
5.3.1. EMC Shielding
5.3.2. EMC Type
5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vertical
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Vertical, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Vertical, 2023 to 2033
6.3.1. Consumer Electronics
6.3.2. Telecom & IT
6.3.3. Automotive
6.3.4. Healthcare
6.3.5. Aerospace
6.3.6. Others
6.4. Y-o-Y Growth Trend Analysis By Vertical, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Vertical, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Application, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Application, 2023 to 2033
7.3.1. Consumer Appliances and Electronics
7.3.2. Automotive
7.3.3. Military and Aerospace
7.3.4. IT and Telecommunication
7.3.5. Medical
7.3.6. Railways
7.3.7. Renewable Energy
7.3.8. Industrial
7.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Type
9.2.3. By Vertical
9.2.4. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By Vertical
9.3.4. By Application
9.4. Key Takeaways
10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Type
10.2.3. By Vertical
10.2.4. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By Vertical
10.3.4. By Application
10.4. Key Takeaways
11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. U.K.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Type
11.2.3. By Vertical
11.2.4. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Vertical
11.3.4. By Application
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. Singapore
12.2.1.5. Thailand
12.2.1.6. Indonesia
12.2.1.7. Australia
12.2.1.8. New Zealand
12.2.1.9. Rest of Asia Pacific
12.2.2. By Type
12.2.3. By Vertical
12.2.4. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Vertical
12.3.4. By Application
12.4. Key Takeaways
13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Type
13.2.3. By Vertical
13.2.4. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Type
13.3.3. By Vertical
13.3.4. By Application
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. U.S.
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2022
14.1.2.1. By Type
14.1.2.2. By Vertical
14.1.2.3. By Application
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2022
14.2.2.1. By Type
14.2.2.2. By Vertical
14.2.2.3. By Application
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2022
14.3.2.1. By Type
14.3.2.2. By Vertical
14.3.2.3. By Application
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2022
14.4.2.1. By Type
14.4.2.2. By Vertical
14.4.2.3. By Application
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2022
14.5.2.1. By Type
14.5.2.2. By Vertical
14.5.2.3. By Application
14.6. U.K.
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2022
14.6.2.1. By Type
14.6.2.2. By Vertical
14.6.2.3. By Application
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2022
14.7.2.1. By Type
14.7.2.2. By Vertical
14.7.2.3. By Application
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2022
14.8.2.1. By Type
14.8.2.2. By Vertical
14.8.2.3. By Application
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2022
14.9.2.1. By Type
14.9.2.2. By Vertical
14.9.2.3. By Application
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2022
14.10.2.1. By Type
14.10.2.2. By Vertical
14.10.2.3. By Application
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2022
14.11.2.1. By Type
14.11.2.2. By Vertical
14.11.2.3. By Application
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2022
14.12.2.1. By Type
14.12.2.2. By Vertical
14.12.2.3. By Application
14.13. Singapore
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2022
14.13.2.1. By Type
14.13.2.2. By Vertical
14.13.2.3. By Application
14.14. Thailand
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2022
14.14.2.1. By Type
14.14.2.2. By Vertical
14.14.2.3. By Application
14.15. Indonesia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2022
14.15.2.1. By Type
14.15.2.2. By Vertical
14.15.2.3. By Application
14.16. Australia
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2022
14.16.2.1. By Type
14.16.2.2. By Vertical
14.16.2.3. By Application
14.17. New Zealand
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2022
14.17.2.1. By Type
14.17.2.2. By Vertical
14.17.2.3. By Application
14.18. GCC Countries
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2022
14.18.2.1. By Type
14.18.2.2. By Vertical
14.18.2.3. By Application
14.19. South Africa
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2022
14.19.2.1. By Type
14.19.2.2. By Vertical
14.19.2.3. By Application
14.20. Israel
14.20.1. Pricing Analysis
14.20.2. Market Share Analysis, 2022
14.20.2.1. By Type
14.20.2.2. By Vertical
14.20.2.3. By Application
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Type
15.3.3. By Vertical
15.3.4. By Application
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. PARKER-HANNIFIN
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. PPG INDUSTRIES
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. HENKEL
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. LAIRD PERFORMANCE MATERIALS
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. RTP COMPANY
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Keysight Technologies, Inc.
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Rohde & Schwarz GmbH & Co. KG
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Chomerics Parker Hannifin Corporation
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. TDK Corporation
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. TE Connectivity Ltd.
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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EMC Shielding and Test Equipment Market
