EMC Component Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Electromagnetic compatibility (EMC) is the capacity of electrical devices and equipment to operate acceptably in their electromagnetic environment, through restricting unintended transmission, production, and receipt of electromagnetic energy, which may trigger undesirable effects such as physical damage in operating equipment and electromagnetic interference (EMI). Factors such as rise in need for effective solutions for shielding and testing is creating profitable opportunities for the EMC component market in the forecast period.

MARKET DYNAMICS

The growing use of electronics systems and devices in the automotive sector and stringent EMC standards is driving the growth of the EMC component market. The high initial cost may restrain the growth of the EMC component market. Furthermore, rise in need for effective solutions for shielding and testing is anticipated to create market opportunities for the EMC component market during the forecast period.

MARKET SCOPE

The "Global EMC Component Market Analysis to 2031" is a specialized and in-depth study of the EMC component market with a special focus on the global market trend analysis. The report aims to provide an overview of EMC component market with detailed market segmentation by equipment type, service type, end user, and geography. The global EMC component market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading EMC component market players and offers key trends and opportunities in the EMC component market.

MARKET SEGMENTATION

The global EMC component market is segmented on the basis of equipment type, service type, and end user. On the basis of equipment type the market is segmented into EMI shielding tapes, conductive coatings and paints, and metal shielding and test equipment. Based on service type the market is segmented into testing services, inspection services, certification services, and others. Based on end user the market is segmented into consumer appliances and electronics, automotive military and aerospace, it and telecommunications, medical, and industrial.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global EMC component market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The EMC component market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting EMC component market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the EMC component market in these regions.

MARKET PLAYERS

The reports cover key developments in the EMC component market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from EMC component market are anticipated to lucrative growth opportunities in the future with the rising demand for EMC component market. Below mentioned is the list of few companies engaged in the EMC component market.

The report also includes the profiles of key EMC component market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Laird Plc
  
•   Chomerics
  
•   Tech-Etch, Inc
  
•   Leader Tech, Inc.
  
•   Kitagawa Industries Co., Ltd.
  
•   Rohde and Schwarz GMBH.CO. KG
  
•   Keysight Technologies, Inc.
  
•   AR Inc.
  
•   Teseq AG
  
•   EM Test
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

EMC Component Report Scope