PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617084
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617084
According to Stratistics MRC, the Global EMC Filtration Market is accounted for $1.2 billion in 2024 and is expected to reach $1.8 billion by 2030 growing at a CAGR of 6.8% during the forecast period. EMC (Electromagnetic Compatibility) filtration is the process of filtering out electromagnetic interference (EMI) to ensure the electrical equipment operates without interfering with other nearby equipment. EMC filters are designed to block or reduce unwanted electrical noise from electricity systems, bringing improved efficiency. Compliance with regulatory standards is also improved. These filters use capacitors, inductors, and resistors to serve to prevent EMI and protect sensitive devices from malicious operation.
Increasing demand for electronics
The rising demand for electronic devices like smartphones, computers, and consumer appliances has increased the need for effective electromagnetic compatibility (EMC) filtration systems. As electronics become more prevalent in industries such as telecommunications, healthcare, and automotive, stringent regulations and the growing concern over interference drive the demand for advanced filtration solutions. EMC filters are vital in ensuring devices meet regulatory standards, thus promoting smoother operation and reliability of electronic equipment.
Lack of standardization
The lack of global standardization in EMC filtration requirements creates challenges for manufacturers and end-users. Varying regulations across regions complicate the design and production of universally compatible filtration solutions. This inconsistency hampers market growth by increasing operational costs for manufacturers who must create multiple versions of their products to meet different standards. The absence of harmonized regulations makes it difficult for businesses to scale production effectively, limiting market potential.
Growth in electric vehicle adoption
The accelerating adoption of electric vehicles (EVs) presents a significant opportunity for the EMC filtration market. As the EV industry grows, the demand for components that reduce electromagnetic interference (EMI) becomes crucial to ensure vehicle safety and efficiency. EMC filters are integral in managing the electromagnetic environment within EV systems, especially with the proliferation of electric powertrains, advanced sensors, and battery management systems, creating growth prospects for the filtration market within the automotive sector.
High costs
The high costs associated with the development and manufacturing of EMC filters present a significant threat to the market. High-quality EMC filters require specialized materials and advanced technologies, which increase production costs. These expenses can be passed on to consumers, making products more expensive and limiting demand. Furthermore, the cost factor restricts smaller companies from entering the market, leading to consolidation and reduced competition, potentially stunting overall market growth.
The Covid-19 pandemic caused disruptions in supply chains and manufacturing operations, affecting the EMC filtration market. Reduced production capacity, labor shortages, and shipping delays resulted in delays in product deliveries. Additionally, the economic uncertainty during the pandemic led to a slowdown in demand, especially in industries like automotive and manufacturing. However, as global recovery progresses, the market is expected to rebound, driven by increased technological adoption and evolving regulatory requirements.
The single phase segment is expected to be the largest during the forecast period
The single-phase segment is expected to be the largest during the forecast period due to its wide application in various industries such as telecommunications, consumer electronics, and automotive. These sectors require simpler and more affordable filtration systems, and single-phase filters provide effective EMI suppression in lower-power devices. As the demand for energy-efficient devices grows, this segment is anticipated to remain dominant, driving continued market growth.
The 40-60 dB segment is expected to have the highest CAGR during the forecast period
The 40-60 dB segment is anticipated to experience the highest growth rate during the forecast period due to the increasing demand for moderate EMC performance in a wide range of applications. This frequency range is ideal for filtering moderate interference in consumer electronics, automotive, and industrial equipment. As technology progresses and electronic devices become more integrated, the need for effective filtering in this dB range grows, positioning this segment for significant market expansion.
During the estimation period, the North America region is anticipated to dominate the market share. The region's robust demand for electronics, automotive innovation, and stringent regulatory standards contribute to the high demand for EMC filters. North America's mature industrial and automotive sectors, along with government initiatives aimed at reducing electromagnetic pollution, further reinforce the need for advanced EMC filtration systems, making it the dominant region in the global market.
During the forecast period, the Asia Pacific region is anticipated to register the highest CAGR. The region's rapid industrialization, booming electronics manufacturing sector, and expanding automotive industry are key drivers of EMC filtration demand. As countries like China, India, and Japan focus on innovation and improving the quality of electronic products, the demand for higher-performance filters will increase, positioning the Asia Pacific region as the rapidly growing market for EMC filtration systems.
Key players in the market
Some of the key players in EMC Filtration Market include Schaffner Holding AG, ETS-Lindgren, TE Connectivity Ltd., TDK Electronics AG, Schurter Holding AG, PREMO Corporation S.L., REO AG, Astrodyne TDI, Total EMC Products Ltd., DEM Manufacturing Ltd., LCR Electronics, Inc., Cosel Co., Ltd., Delta Electronics, Inc., Murata Manufacturing Co., Ltd., CET Technology, Curtis Industries, Shenzhen Sikes Electric Co., Ltd., and Fil-Coil Ltd.
In November 2024, TDK Corporation announced that subsidiary TDK Ventures, Inc. has named its Investment Team for its recently opened India office. Ravi Jain will lead the corporate venture capital firm's regional India investments, and Vasan Churchill will drive investment analysis. The two, both born in the country, will work out of the company's innovation hub in Bengaluru. Their focus will be on providing Indian entrepreneurs the opportunity to accelerate the development of their innovative technologies and solutions beyond India, leveraging TDK Ventures' experience in scaling global deep-tech startups worldwide.
In November 2024, Astrodyne TDI introduced the new RP692A, a high-voltage current DC power line filter for exceptional attenuation performance and reliability in demanding environments. The RP692A series handles voltages up to 1500 VDC, with a +10% tolerance to accommodate voltage fluctuations safely. The 1500VDC limit ensures that the system still falls within the scope of the LV (low-voltage) safety directive and doesn't need to comply with more demanding medium-voltage safety requirements.
In February 2024, Schaffner has received the KC Approval Mark for FN280 EMI Filters, enhancing Product Reliability and Market Expansion. This achievement underscores Schaffner's commitment to deliverying high-quality products that meet international standards and reinforces its position as a trusted partner for EMC solutions worldwide, and in particular for the Korean market.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.