Surging Demand for Consumer Electronics in EMC Shielding and Test Equipment Market

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MarketsandMarkets Presents

Surging Demand for Consumer Electronics in EMC
Shielding and Test Equipment Market EMC
Shielding and Test Equipment Market with COVID-19
Impact by Type (EMC Shielding, EMC Test
Equipment), Vertical (Consumer Electronics,
Telecom IT, Automotive, Healthcare, Aerospace,
and Others), Application, and Geography - Global
Forecast to 2025 https//www.marketsandmarkets.co
m/Market-Reports/electromagnetic-compatibility-emc
-shielding-market-512.html
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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. Browse 144 market data Tables
and 64 Figures spread through 198 Pages and
in-depth TOC on "EMC Shielding and Test Equipment
Market with COVID-19 Impact - Global Forecast to
2025"
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EMC shielding expected to contribute the largest
share to the EMC shielding and test equipment
market during the forecast period EMC shielding
solutions such as conductive coatings paints,
EMC shielding tapes laminates, EMC filters, and
metal shielding are majorly used for shielding
various devices in several industries such as
healthcare, consumer electronics, and automotive.
Surging demand for consumer electronics,
increasing electromagnetic pollution, and the
growing trend of electric vehicles create large
opportunities for the adoption of EMC shielding
solutions in various application areas. Owing to
such rising requirements of EMC shielding, EMC
shielding is expected to dominate the market
during the forecast period. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id512 Radiation segment expected
to lead the EMC shielding and test equipment
market in 2020 The radiation segment is expected
to dominate the EMC shielding market in 2020,
contributing the largest share. Most electrical
and electronic devices radiate electromagnetic
signals. Increasing adoption of consumer
electronics leads to a significant increase in
electromagnetic pollution. Hence, these signals
must be kept within limits to reduce the level of
interference and avoid any damage to the
electrical circuitry of a device and degradation
in performance.
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EMC shielding and test equipment market in APAC
contributed the largest share in 2019 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. Request Free Sample
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mpleNew.asp?id512 Key Market Players The EMC
shielding and test equipment players have
implemented various types of organic as well as
inorganic growth strategies, such as product
launches, product developments, and acquisitions
to strengthen their offerings in the market. The
major players are Parker-Hannifin (US), PPG
Industries (US), 3M (US), Henkel (Germany), and
Keysight Technologies (US).
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COVID-19 impact on the EMC shielding and test
equipment market COVID-19 is an infectious
disease caused by the novel coronavirus. Largely
unknown before this outbreak across the world,
COVID-19 has moved from a regional crisis to a
global pandemic in just a matter of a few weeks.
The World Health Organization (WHO) declared
COVID-19 as a pandemic on March 11,
2020. COVID-19 has impacted almost all the
industries across the world by disrupting the
supply chain and hindering various industrial
operations. Most companies have halted their
manufacturing activities or have reduced it to
the bare minimum. COVID-19-responsive measures
undertaken by governments, such as lockdown and
social distancing, led to the closure of
manufacturing plants in the initial stage of the
pandemic. With very few industrial operations
allowed, consumer electronics and automotive
industries are experiencing a decline in the
demand for products. The aforementioned factors
have affected the market for EMC shielding and
test equipment as very few new EMC shielding
solutions, as well as test equipment, are
expected to be used by these industries during
the ongoing crisis.
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