EMC Shielding and Test Equipment Market will Hit USD 8.2 billion by 2025, at a CAGR of 5.2% - PowerPoint PPT Presentation

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EMC Shielding and Test Equipment Market will Hit USD 8.2 billion by 2025, at a CAGR of 5.2%

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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. – PowerPoint PPT presentation

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Title: EMC Shielding and Test Equipment Market will Hit USD 8.2 billion by 2025, at a CAGR of 5.2%


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MarketsandMarkets Presents

EMC Shielding and Test Equipment Market will Hit
USD 8.2 billion by 2025, at a CAGR of 5.2 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
2
According to the new market research report "EMC
Shielding and Test Equipment Market with COVID-19
Impact by Type (EMC Shielding, EMC Test
Equipment), Vertical (Consumer Electronics,
Telecom IT, zAutomotive, Healthcare, Aerospace,
and Others), Application, and Geography - Global
Forecast to 2025", published by
MarketsandMarkets, 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 key factors
fueling the growth of this market include surging
demand for consumer electronics, increasing
electromagnetic pollutions, and ongoing
demonstration of field trials and pilot tests to
manifest the viability of 5G technology are
instrumental in driving the growth of the EMC
shielding and test equipment market. 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"
3
EMC shielding accounted for larger size of the
EMC shielding and test equipment market in
2020. 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.ma
rketsandmarkets.com/pdfdownloadNew.asp?id512 Con
sumer electronics vertical is expected to hold
the largest size of the EMC shielding market in
2020. The EMC shielding market for the consumer
electronics vertical is expected to account for
the largest share in 2020. The proliferation of
consumer electronic devices, the availability of
advanced products, such as wearable devices, and
the need to comply with EMC shielding guidelines
are expected to be the major factors contributing
to the growth of the EMC shielding market in
consumer electronics.
4
APAC projected to be the largest market for EMC
shielding and test equipment from 2020 to
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. Request Free
Sample Pages https//www.marketsandmarkets.com/re
questsampleNew.asp?id512 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.
5
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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About MarketsandMarkets MarketsandMarkets
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7
Contact Us
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/emc-shielding.asp
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