Market Overview

The influx of technology, cellular data, lighting speed networks like 3G, the gradual shift to 5G, and the rapid expansion of wireless tech has made it imperative for the global EMC shielding and test equipment market to thrive. We are experiencing an electronic boom from automated cars to moving around with a dynamic digital world of information in our pockets. 

As the population expands, it also creates the need to connect wirelessly over smartphones, the internet, and digital mediums for communication. Thus fueling the demand for EMC shielding and test equipment market. It is estimated that the market value of this growing tech has amplified from USD 6.4 billion in the year 2020 to USD 8.2 billion in the year 2025. The CAGR rate is projected to increase to 5.2 % from 2020 to 2025. 

Even though the global pandemic had hit other sectors in the market, it will not diminish the surge of electro components and equipment. Consumers for electronics are gaining ground on a minute basis.

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Market Segmentation 

Billions of users worldwide have integrated themselves into software and hardware of electronics. It is hard to see anyone without a smartphone these days; the field testing of 5G network, emergent electromagnetic pollution and pilot test of various wireless networks have made the EMC shielding and test equipment market feasible on a larger scale. 

With consumers using navigation systems and voice recognition devices, it has become vital to check EMC shielding. There is a need for this type of electromagnetic shield to protect devices from power fluctuations, supply voltage disparities, surging clock frequencies, rising slew rates and high packaging density. EMC shielding works well on materials such as metals and plastics, the basic benefit being it safeguards the electro devices from rust and corrosion. An electronic device cannot be introduced in the standard market until it passes the EMC test. Hence it is an expensive process that has to be incurred by the industries to make their products feasible. 

Economic and environmental factors have contributed towards having a diesel and petrol free automobile industry, thus, the growth of electric vehicles. Wireless charging points for electric cars and automobiles have become a common sight; all of these require a standard EMC shield since electric vehicles discharge more electromagnetic waves during charging mode. Thus the market segment will keep escalating when it comes to EMC.

Regional Classification 

Electronically advanced countries like Japan and China are key players when it comes to EMC shielding and test equipment. Parker- Hannifin – the US, PPG Industries – US, 3M – US, Keysight Technologies – US and Henkel – Germany has been the major industries for EMC testing.

Industry News

By 2026 the integration of 5G network will greatly advance the usage of the internet and electronic devices. Mobile companies and wireless industries will have to stick to government guidelines to access these enhanced features, which will propel the demand for EMC shielding and test equipment strategies.