EMC Shielding and Test Equipment Market

According to the International Electrotechnical Vocabulary IEV 161-01-07, Electromagnetic Compatibility (EMC) refers to the ability of a device or system to function adequately in its electromagnetic environment without emitting intolerable electromagnetic disturbances in that environment. It is a discipline that aims at improving the coexistence of equipment/systems which emit electromagnetic interference (EMI) and/or are sensitive to EMI. The various factors attributing to high adoption of EMC shielding and test equipment includes rising complexities in the design of consumer electronic devices and need for high-efficiency test equipment to increase the manufacturing throughput. Furthermore, the growing automotive industry and advancement in cellular infrastructure offer opportunities for the market players.

This study on the global EMC shielding and test equipment market provides detailed information on industry trends and dynamics, market size, competitive landscape, and growth opportunities. This research report segments the global EMC shielding and test equipment market into EMC shielding equipment market and EMC test equipment market. Each of the markets are further segmented by type, application, and region/country.

EMC shielding equipment market, by type, is segmented into coatings & paints, EMI enclosure, EMI gaskets, vents & filters, EMI shielding tapes, and others. The coatings and paint segments account for the largest share of the market owing to its extensive applications while the EMI shielding tapes are expected to register the highest CAGR during the forecast period. By application, the study includes consumer electronics, IT & telecom, automotive & industrial, defense & aerospace, healthcare, and others. The consumer electronics segment dominated the market in terms of market share owing to the rise in demand for smartphones, wearable electronics, and advancement in cellular infrastructure among others.

EMC test equipment market, by type is segmented into signal & impulse generators, amplifiers, spectrum analyzers, EMI test receiver, and others. By application, the study includes third-party laboratories, in-house laboratories, and government laboratories. During the forecast, the market is estimated to witness slight drift in the market share of in-house facilities to end-users who specialize in providing third-party EMC test services owing to the high cost affiliated with the electromagnetic compatibility (EMC) shielding and test equipment.

The regions considered in this study include North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is the most significant contributor to the market, and it is expected to grow with the fastest CAGR during the review period of 2018–2023. The growth in this region for the said market is due to the growth of auto-electronics and advancement in telecom infrastructure.

The EMC shielding and test equipment market is highly competitive with the presence of many vendors that offer feature-rich and innovative EMC solutions to their customers. The major vendors profiled in this study are Laird PLC. (UK), Chomerics (US), Leader Tech, Inc. (US), Kitagawa Industries Co., Ltd. (Japan), Rohde & Schwarz GMBH & CO. KG (Germany), Keysight Technologies, Inc. (U.S.), Kemtron Limited (U.K.), HV Technologies, Inc. (US), 3M Company (US), and ETS-Lindgren Inc. (US).

Several market players are adopting organic and inorganic growth strategies, such as product enhancement, product launch, partnerships, agreements, and collaborations to improve their position and excel in the global EMC shielding and test equipment market. In 2018, Parker Hannifin Corporation expanded its integrated assembly services for polymer-based EMI shielding solutions, thermal interface materials, and shielded optical display solutions.

Furthermore, the equipment providers are adopting product launches as a pivotal strategy to increase their offerings in the global EMC shielding and test equipment market. For instance, in October 2018, Keysight Technologies, Inc. launched a new product Keysight N9048B PXE Electromagnetic Interference (EMI) receiver that enables high sensitivity measurements and diagnostics for faster electromagnetic compliance testing.