The study by Future Market Insights found that market for EMC test equipment is predicted to grow with a CAGR of 4.5 percent from 2023 to 2033, with the market valued at $7.3 billion in 2023.
According to the report, EMC test equipment for consumer electronics testing represented 32 percent of the global market share in 2022.
The report cited rising demand and consumption of smart electronic devices as factors in the market growth.
“There is a rising need to assure electromagnetic compatibility as electronic devices proliferate across a variety of industries,” the report noted. “Including consumer electronics, healthcare, automotive, and telecommunications. To avoid electromagnetic interference (EMI) and preserve the appropriate operation of these devices, EMC shielding, and test equipment are crucial.”
During the design, development, and manufacturing phases of electronics, EMC shielding and test tools play a critical role in identifying and reducing possible EMI issues.