EMC Shielding and Test Equipment Market with COVID-19 Impact by Type, Vertical, Application And Geography - Global Forecast to 2025

EMC Shielding and Test Equipment Market with COVID-19 Impact by Type, Vertical, Application And Geography - Global Forecast to 2025

  • December 2020 •
  • 192 pages •
  • Report ID: 3559462 •
  • Format: PDF
The global EMC shielding and test equipment market size was valued at USD 6.4 billion in 2020 and is projected to reach USD 8.2 billion by 2025; it is expected to grow at a CAGR of 5.2% from 2020 to 2025. The growth of the EMC shielding and test equipment market is majorly driven by surging demand for consumer electronics, increasing electromagnetic pollution, and ongoing demonstration of field trials and pilot tests to manifest the viability of 5G technology.
COVID-19 has emerged as a global pandemic that has spread over 215 countries worldwide and disrupted various industries around the world.The prominent players across industries have been affected by this pandemic.

The foreseeable decline in the growth of end-user applications may have a considerable direct impact on the EMC shielding and test equipment market.

Conductive coatings & paints expected to hold the largest market share during the forecast period.
Conductive coatings & paints is expected to account for the largest share of the EMC shielding market in 2020, followed by conductive polymers; a similar trend is likely to continue in the near future.The integration of various electronic equipment and systems in vehicles is driving the growth of the market for conductive coatings & paints.

They are widely used to provide EMC shielding in automotive applications owing to their high shielding capability and greater resistance against EMI compared to other materials.

Automotive vertical is expected to grow at the highest CAGR during the forecast period.
The EMC shielding market for the automotive vertical is expected to grow at the highest CAGR from 2020 to 2025.The increasing number of electronic components and systems in a newly manufactured automobile is expected to drive the demand for EMC shielding solutions in this vertical.

Various automotive electronic systems, such as control area networks (CAN), safety systems, automatic climate control systems, ADAS, digital control systems, and entertainment systems, are used to enhance the safety, convenience, and comfort of a traveler.However, these are installed in a confined space, creating electromagnetic interference.

To ensure improved power consumption and safety, modern automobile manufacturers adopt IoT and vehicle-to-everything (V2X) communication technologies, which makes it possible for vehicles to communicate with smart traffic signals. Automobile manufacturers must comply with electromagnetic emission and immunity norms before they introduce vehicles in the market.

APAC is projected to grow at the highest CAGR during the forecast period.
EMC shielding and test equipment market in APAC is expected to grow at the highest CAGR during 2020?2025.The ever-increasing use of electronic systems in the automotive industry, ongoing advancements in wireless cellular infrastructure, and rising demand for consumer electronic products are expected to fuel the demand for EMC shielding solutions and test equipment in APAC.

Mobile data services are also growing rapidly in APAC due to the fact that mobile operators have reduced the prices of their services to extend them to maximum end users.APAC has become a world leader in digital platforms.

It has 2 of the most densely populated countries in the world. Due to its large population, the adoption of smartphones or other wireless devices and services is high in this region.

Break-up of the profiles of primary participants:
• By Company Type – Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation – C-level Executives – 45%, Managers – 35%, and Others – 20%
• By Region – North America - 35%, Europe – 30%, APAC – 25%, and RoW – 10%

PPG Industries (US), Parker-Hannifin (US), 3M (US), Henkel (Germany), RTP Company (US), Schaffner (Switzerland), Tech-Etch (US), and Leader Tech (US) are some of the major players in EMC shielding market while Keysight Technologies (US), Rohde & Schwarz (Germany), Teseq (Switzerland), and EM Test (Switzerland) are a few significant companies in the EMC test equipment market.
The EMC shielding and test equipment market has been segmented into type, vertical, application, and region. The EMC shielding and test equipment market has been studied for North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).

Reasons to buy the report:
• Illustrative segmentation, analysis, and forecast of the market based on type, vertical, application, and region have been conducted to give an overall view of the EMC shielding and test equipment market.
• A value chain analysis has been performed to provide in-depth insights into the EMC shielding and test equipment market ecosystem.
• The report includes pricing analysis, patent analysis, ecosystem analysis as well as technology and case study analysis pertaining to EMC shielding and test equipment.
• The key drivers, restraints, opportunities, and challenges pertaining to the EMC shielding and test equipment market have been detailed in this report.
• Detailed information regarding the COVID-19 impact and related updates on the EMC shielding and test equipment market has been provided in the report.
• The report includes a detailed competitive landscape of the market, along with key players, as well as in-depth analysis of their revenues and market share.
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