EMC Shielding and Test Equipment Market Forecast to Hit $11.92 Billion by 2032 with a CAGR of 5.6%

Global EMC Shielding and Test Equipment Market size and share is currently valued at USD 7.71 billion in 2024 and is anticipated to generate an estimated revenue of USD 11.92 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.6% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032

Market Overview:
Electromagnetic Compatibility (EMC) shielding and test equipment play a critical role in ensuring the seamless operation of electronic devices by preventing electromagnetic interference (EMI). With the proliferation of electronic devices and the integration of advanced technologies like IoT, 5G, and autonomous systems, the need for robust EMC solutions has become paramount. These solutions are essential for maintaining compliance with stringent regulatory standards and ensuring product reliability across industries such as automotive, aerospace, telecommunications, healthcare, and consumer electronics.

Market’s Growth Drivers

  • Proliferation of Electronic Devices
    The rapid increase in the number of electronic devices, from smartphones and wearable technology to industrial automation systems, has intensified the need for effective EMC shielding. This is critical to prevent device malfunctions caused by electromagnetic interference.
  • Rise of IoT and Smart Devices
    The adoption of IoT-enabled devices across residential, industrial, and commercial applications has created a significant demand for EMC shielding. These devices often operate in environments with high electromagnetic activity, requiring advanced shielding solutions to ensure reliable performance.
  • Expansion of 5G Networks
    The global rollout of 5G technology has heightened the importance of EMC compliance. With higher frequencies and increased signal densities, 5G networks demand sophisticated shielding and testing solutions to mitigate interference and ensure smooth operation.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:

https://www.polarismarketresearch.com/industry-analysis/emc-shielding-and-test-equipment-market/request-for-sample

Some of the major players:

  • 3M
  • Bureau Veritas
  • DEKRA CERTIFICATION B.V.
  • ETS-Lindgren
  • HV TECHNOLOGIES, Inc.
  • Kemtron Ltd
  • Keysight Technologies
  • KITAGAWA INDUSTRIES CO., LTD.
  • Laird Technologies, Inc.
  • PARKER HANNIFIN CORP
  • PPG Industries, Inc.
  • Rohde & Schwarz
  • RTP Company
  • Tech Etch, Inc.

Recent Developments:

In September 2023, PPG Industries announced the completion of a $2.7 million investment to expand its powder coatings plant in Sumaré, Brazil. This expansion boosted the facility’s production capacity by 40%, enhancing its ability to meet growing market demand.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The EMC Shielding and Test Equipment Market segmentation divides the market into several segments. The industry segmentation is primarily based on product type, application, end-use, and geographic factors. Besides, the research study covers several sub-segments of the market. An in-depth examination of each market segment and sub-segment has been provided, covering the industry size, growth prospects, industry drivers, and challenges. The detailed market segmentation helps stakeholders identify the diverse needs of different consumer groups in the market. Also, it pinpoints opportunities for targeted marketing and product development strategies.

EMC Shielding and Test Equipment Market, Equipment Type Outlook (Revenue – USD Billion, 2019-2032)

  • Amplifiers
  • Spectrum Analyzers
  • EMI Receivers
  • Signal Generators
  • EMC Test Chambers
  • Transient Generators
  • Others

EMC Shielding and Test Equipment Market, Material Outlook (Revenue – USD Billion, 2019-2032)

  • EMC Shielding Tapes & Laminates
  • Conductive Polymers
  • Conductive Coatings & Paints
  • EMC Filters

EMC Shielding and Test Equipment Market, End-User Outlook (Revenue – USD Billion, 2019-2032)

  • Healthcare
  • Automotive
  • Aerospace & Defence
  • Consumer Electronics
  • IT & Telecommunications
  • Others

The EMC Shielding and Test Equipment Market is evolving rapidly, driven by the increasing complexity and integration of electronic systems across various industries. With advancements in materials, testing technologies, and regulatory requirements, the market is poised for significant growth. As industries continue to embrace digital transformation, the demand for reliable and innovative EMC solutions will remain a cornerstone of electronic product development.