Dallas, TX -- (SBWIRE) -- 06/17/2014 -- According to the new market research report "EMC Filtration Market by Load Type (Single Phase & Three Phase), by Insertion Loss, By Applications, by Industry Verticals (Military, Medical, Automobile, Commercial, Consumer Electronics, & Telecom) & by Geography - Analysis & Forecast to 2014 - 2020", published by MarketsandMarkets, the EMC Filtration Market, in terms of revenue, is estimated to grow at a CAGR of 5.97% from 2014 to 2020, which includes an in-depth analysis of the load type, applications, industry verticals, and geography.
Nowadays, the commercial market is the biggest consumer of EMC filters. With the modernization in offices, the use of electronic products is increased, leading to the boost in the EMI problems. Moreover, due to process automation and increase in complexity, the risk of a malfunction caused by electromagnetic interference also increases. Advanced control features and high reliability of electronic systems are necessary for energy efficient buildings. All electronic equipment must work together on the same power supply without any disturbance from line voltage interferences; therefore, certain product standards must be considered with regard to the electromagnetic compatibility. Hence, the use of EMC filters to ensure flawless functioning is steadily growing.
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On the other hand, consumer electronics is the fastest growing market for EMC filters in the near future, as consumer electronics is becoming increasingly complex with respect to functionality and the integration of electronics. The combination of digital and analog circuitry in close proximity generally results in electromagnetic interference and this, in turn, leads to performance degradation. The product designers constantly involved in the addition of new features and redesign for lighter and smaller formats, thereby give rise to more EMI. EMC filters, thus, play a critical role in the consumer electronic products.
Browse more than 68 market data Tables with 59 Figures spread through 300 Pages and in-depth TOC on "EMC Filtration Market".
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The EMC Filtration Market entails a great potential across many industry verticals. The market is majorly a derived market; however, the potential is very high in the current situation as well, due to the strict EMC directives and standards. With the miniaturizing of the electronic circuitry and increasing clock frequency, the EMC market is also growing at a very fast pace. It will be the captivating essentials for new entrants as well as winning opportunities for the established players.
This report describes the market trends, drivers, and challenges with respect to the EMC Filtration Market and forecasts the market to 2020. This global report gives a detailed view of the market across geographies - Americas, Europe, the Asia-Pacific, and RoW. Europe and Americas are the largest geographies in terms of the EMC Filtration Market value. Asia-Pacific has been identified as the fastest growing region with Japan leading the way, while the RoW also gives impetus to the growth. The report profiles 10 promising players in the EMC filtration market ecosystem.
In the modern context, Schaffner Holding AG (Switzerland) not only serves the role of a torch bearer but also enjoys the lion’s share in the EMC ecosystem. Electromagnetic Compatibility (EMC) is the largest division of the company, which contributes 56% to the top-line. Over the years, the company has developed advanced EMC filters, which prevent interference from neighboring electrical devices, eliminate electrical noise to ensure proper operation of electronic equipment, and help in increasing the life of power electronic systems. The company’s key sales markets include energy-efficient drive systems, renewable energy, power supplies for electronic devices, and machine tools and robotics. Geographically, the division’s revenue is skewed toward matured markets with Europe and the U.S. collectively accounting for 64%. The company has taken a number of margin improvement initiatives, such as local sourcing of raw materials, automation of manufacturing processes, and adopting cost-optimized product designs (design-to-cost) approach, to earn maximum profitability from the stable EMC filter business.
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The competitive landscape of the market presents a very interesting picture, where a large number of small players have become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value chain with a number of tier-one players around the globe.
Major players in this EMC Filtration Market include, Schaffner Holding AG (Switzerland), ETS-Lindgren (U.S.), EPCOS AG (Germany), TE Connectivity Ltd. (Switzerland), Schurter Holding AG (Switzerland), PREMO Corporation S.L. (Spain), REO (UK) Ltd. (U.K.), Total EMC Products Ltd. (U.K.), DEM Manufacturing Ltd. (U.K.), Astrodyne Corporation (U.S.), and so on.
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