According to a new report, published by KBV research, The Global EMC Shielding and Test Equipment Market size is expected to reach $11.9 billion by 2030, rising at a market growth of 6.1% CAGR during the forecast period.
EMC (Electromagnetic Compatibility) shielding and test equipment ensure that electronic devices and systems comply with EMC standards and regulations. EMC shielding protects electronic devices from electromagnetic interference (EMI), which can disrupt their operation or cause them to malfunction. EMC test equipment measures electronic devices' electromagnetic emissions and immunity, ensuring that they meet the required EMC standards.
The EMC Shielding segment led the Global EMC Shielding and Test Equipment Market by Type in 2022; thereby, achieving a market value of $7.7 billion by 2030. The risk of EMI and RFI concurrently escalates with the complexity and frequency of electronic device operation. This drives the demand for advanced EMC shielding materials and solutions that effectively mitigate these interferences.
The Consumer Electronics segment is growing at a CAGR of 4.8 % during the forecast period. The complexity and functionality of consumer electronics devices, including tablets, smart home devices, and smartphones, are steadily increasing. This complexity increases the risk of electromagnetic interference (EMI), making EMC shielding and testing essential to ensure reliable performance.
Full Report: https://www.kbvresearch.com/emc-shielding-and-test-equipment-market/
The Asia Pacific region dominated the Global EMC Shielding and Test Equipment Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.4 billion by 2030. The Europe region is anticipated to grow at a CAGR of 5.6% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 5.4% during (2023 - 2030).
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