A recent report published by Infinium Global Research on electromagnetic compatibility (EMC) shielding and test equipment market provides in depth analysis of segments and sub-segments in global as well as regional markets of electromagnetic compatibility shielding and test equipment market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of electromagnetic compatibility shielding and test equipment over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global electromagnetic compatibility shielding and test equipment market. According to report the global electromagnetic compatibility shielding and test equipment market is projected to grow at a CAGR of 5.5% over the forecast period of 2018 - 2024.
EMC shielding is a protection provided for electrical and electronic devices to protect them from electromagnetic insulation. Hence it is the ability of the electrical equipment to perform efficiency in an electromagnetic environment. Increase in wireless broadband infrastructure as well as increase in the advancement in n 5G network has contributed to the growth of the market. Increasing numbers of electronic devices and various test equipment such as EMI test generator, signal generator and amplifier are used to perform different emission test which is driving the growth of the market. However, high cost associated with Electromagnetic compatibility and shielding are expected to restrain the growth of the market. Moreover, Demand for smartphones, wearable electronics such smartwatches, fitness and activity tracker and development towards advanced mobile infrastructure such 4G-LTE and LTE-A would further support the global electromagnetic compatibility shielding market. However, rising execution of electronic system mainly in automotive sector would create greater opportunities. Automotive, healthcare, aerospace & defense are the next major applications of electromagnetic compatibility shielding and expected to grow at a significant rate over the forecast period.
The report on global electromagnetic compatibility shielding and test equipment market covers segments such as types and applications. The types segments include shielding and equipment. On the basis of applications the global electromagnetic compatibility shielding and test equipment market is categorized into shielding market and equipment market.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2016 – 2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018 - 2024.
The report provides profiles of the companies in the global electromagnetic compatibility shielding and test equipment market such as, Ar Inc., Laird PLC, Rohde & Schwarz GmbH & Co. Kg, Tech-Etch, Inc., Teseq AG, Chomerics, Keysight Technologies, Inc., EM Test, Kitagawa Industries Co., Ltd, and Leader Tech, Inc.
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