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

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.

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

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  1. 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.com/Market-Reports/electromagnetic-compatibility-emc-shielding-market-512.html

  2. 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"

  3. 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/pdfdownloadNew.asp?id=512 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.

  4. 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 Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=512 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).

  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.

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  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/PressReleases/emc-shielding.asp

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