Global Electromagnetic Compatibility Shielding and Test Equipment Market

Infograph - Global Electromagnetic Compatibility Shielding and Test Equipment Market

Global Electromagnetic Compatibility Shielding and Test Equipment Market is expected to grow at a CAGR of 5.52% 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. An increase in wireless broadband infrastructure as well as an 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, the high cost associated with Electromagnetic compatibility and shielding is expected to restrain the growth of the market. Moreover, Demand for smartphones, wearable electronics such as smartwatches, fitness, and activity tracker, and development towards advanced mobile infrastructures such as 4G-LTE and LTE-A would further support the global electromagnetic compatibility shielding market. However, the rising execution of electronic systems mainly in the 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 Electromagnetic Compatibility Shielding and Test Equipment Market covers segments such as types and applications. 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 are provided over the period of 2016-2024. The report provides profiles of the companies in the global 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.