EMC Component Market Scope
Electromagnetic compatibility (EMC) is the capacity of electrical devices and instrumentation to operate acceptably in their electromagnetic atmosphere, through restricting unintended transmission, production, and receipt of magnetic force energy, which can trigger undesirable effects like physical damage in operating equipment and electromagnetic interference (EMI). EMC’s goal is that the correct functioning of varied devices in a common electromagnetic surroundings.
The EMC Component market study is segmented and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, and new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global EMC Component market throughout the predicted period.
Laird Plc. (United Kingdom), Chomerics (United States), Tech-Etch, Inc. (United States), Leader Tech, Inc. (United States), Kitagawa Industries Co., Ltd. (Japan), Rohde & Schwarz GMBH & CO. KG (Germany), Keysight Technologies, Inc. (United States), AR Inc. (United States) and Teseq AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are EM Test (Switzerland).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global EMC Component market by Type, Application and Region.
On the basis of geography, the market of EMC Component has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On July 2021, Dupont announced acquisition of Laird Performance Materials, a world leader in high-performance electromagnetic shielding. This acquisition positions DuPont as an essential partner for major electronics OEMs by combining applied materials science skill along with application engineering capabilities
In May 2020, Keynotes announced establishing of new testing lab in Malaysia, to provide accredited electromagnetic compatibility (EMC) testing services for manufacturers of electronic gadgets and mission-critical industries across wireless communications, IIoT, and other applications.
Market Trend
- High-Performance and Efficient Equipment Demand
Market Drivers
- Increasing Use of EMC Component in Automobiles
- Stringent EMC Standards
Opportunities
- Rapid Development in Communication Technology
Restraints
- Changing Policies and Directives
Challenges
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries