PUBLISHER: Lucintel | PRODUCT CODE: 1416633
PUBLISHER: Lucintel | PRODUCT CODE: 1416633
EMC Shielding and Test Equipment Trends and Forecast
The future of the global EMC shielding and test equipment market looks promising with opportunities in the consumer electronics, telecom & IT, automotive, healthcare, and aerospace markets. The global EMC shielding and test equipment market is expected to reach an estimated $4.8 billion by 2030 with a CAGR of 9.4% from 2024 to 2030. The major drivers for this market are growing electromagnetic pollution, increasing desire for and utilization of intelligent electronic gadgets, and rising deployment of 5g mobile networks.
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EMC Shielding and Test Equipment by Segment
The study includes a forecast for the global EMC shielding and test equipment by type, vertical, application, and region.
EMC Shielding and Test Equipment Market by Type [Shipment Analysis by Value from 2018 to 2030]:
EMC Shielding and Test Equipment Market by Vertical [Shipment Analysis by Value from 2018 to 2030]:
EMC Shielding and Test Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:
EMC Shielding and Test Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of EMC Shielding and Test Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies EMC shielding and test equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the EMC shielding and test equipment companies profiled in this report include-
EMC Shielding and Test Equipment Market Insights
Lucintel forecasts that EMC shielding will remain the larger segment over the forecast period due to growing demand for consumer electronic products and evolving trends in electric vehicles are generating numerous opportunities for the adoption of EMC shielding solutions across various application domains.
Within this market, consumer electronics will remain the largest segment over the forecast period because of advancement in consumer electronic devices, availability of cutting-edge products like wearable gadgets and rising need for adherence to EMC shielding regulations.
APAC is expected to witness the highest growth over the forecast period due to continuous development in wireless cellular infrastructure, growing demand for consumer electronic product, as well as rising usage of electronic systems in the automotive industry in this region.
Features of the Global EMC Shielding and Test Equipment Market
Market Size Estimates: EMC shielding and test equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: EMC shielding and test equipment market size by type, vertical, application, and region in terms of value ($B).
Regional Analysis: EMC shielding and test equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, verticals, applications, and regions for the EMC shielding and test equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the EMC shielding and test equipment market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the EMC shielding and test equipment market size?
Answer: The global EMC shielding and test equipment market is expected to reach an estimated $4.8 billion by 2030.
Q.2 What is the growth forecast for EMC shielding and test equipment market?
Answer: The global EMC shielding and test equipment market is expected to grow with a CAGR of 9.4% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the EMC shielding and test equipment market?
Answer: The major drivers for this market are growing electromagnetic pollution, increasing desire for and utilization of intelligent electronic gadgets, and rising deployment of 5g mobile networks.
Q4. What are the major segments for EMC shielding and test equipment market?
Answer: The future of the EMC shielding and test equipment market looks promising with opportunities in the consumer electronics, telecom & IT, automotive, healthcare, and aerospace markets.
Q5. Who are the key EMC shielding and test equipment market companies?
Answer: Some of the key EMC shielding and test equipment companies are as follows:
Q6. Which EMC shielding and test equipment market segment will be the largest in future?
Answer: Lucintel forecasts that EMC shielding will remain the larger segment over the forecast period due to growing demand for consumer electronic products and evolving trends in electric vehicles are generating numerous opportunities for the adoption of EMC shielding solutions across various application domains.
Q7. In EMC shielding and test equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to continuous development in wireless cellular infrastructure, growing demand for consumer electronic product, as well as rising usage of electronic systems in the automotive industry in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.