Global EMC Shielding and Test Equipment Market is expected to reach USD 4.45 Billion by 2018


Posted July 27, 2016 by henbaby246

According to the prediction of marketsandmarkets, the market for EMC shielding was valued at USD 3.51 Billion in 2014 and is expected to reach USD 4.45 Billion by 2018, at a CAGR of approximately 6.10% from 2015 to 2018.

 
Electromagnetic compatibility, or EMC means that a device is compatible with (i.e., no interference is caused by) its electromagnetic (EM) environment and it does not emit levels of EM energy that cause electromagnetic interference (EMI) in other devices in the vicinity.

Electromagnetic compatibility (EMC) is the branch of electrical engineering concerned with the unintentional generation, propagation and reception of electromagnetic energy which may cause unwanted effects such as electromagnetic interference (EMI) or even physical damage in operational equipment. The goal of EMC is the correct operation of different equipment in a common electromagnetic environment.

According to the prediction of marketsandmarkets, the market for EMC shielding was valued at USD 3.51 Billion in 2014 and is expected to reach USD 4.45 Billion by 2018, at a CAGR of approximately 6.10% from 2015 to 2018. The market is expected to be driven by firm EMC regulation across the world and the increasing usage of electronics system and device in the automotive sector. Automotive, consumer electronics, and telecom & IT are the fast-growing segments of the electromagnetic compatibility shielding market. The Asia-Pacific market accounted for the largest market share, followed by North America in 2014. The growth of the Asian-Pacific market is attributed due to the growth of auto-electronics and rollouts of advanced telecom infrastructure such 4G-LTE. The electromagnetic compatibility test equipment market was worth USD 1.38 billion and is expected to register a CAGR of 7.07% during the forecast period. Third-party laboratories, in-house laboratories, and the government labs are the key users of the electromagnetic compatibility test equipment.

Some of the leading market players include Teseq AG (Switzerland), Chomerics (U.S.), Kitagawa Industries Co., Ltd. (Japan), Laird Plc. (U.K.), Leader Tech, Inc. (U.S.), AR Inc. (U.S.), Rohde & Schwarz GMBH & CO. KG (Germany), Keysight Technologies, Inc. (U.S.).

Read Full Report: http://www.gosreports.com/global-electromagnetic-compatibility-emc-shielding-and-test-equipment-industry-2016-market-research-report/

Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 1-510-400-8520
Web: www.gosreports.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Gosreports
Phone 1-510-400-8520
Country United States
Categories Marketing
Last Updated July 27, 2016