EMC Filtration Market Size, Share, Trends, Opportunities & Growth

The EMC Filtration market is projected to grow from USD 1.2 billion in 2023 to USD 1.6 billion by 2028; it is expected to grow at a CAGR of 5.5% from 2023 to 2028.

Increasing government efforts for electronic components and equipment manufacturers to comply with stringent EMC regulations will drive the EMC filtration market growth in the coming years. The rise in the usage of EMC filtration products in home appliances, data centers, building technologies, and many other fields will drive the growth of this market. Considering the health risks caused by electromagnetic frequencies, various developing countries are inclined towards deploying EMC regulations, further strengthening the EMC filtration market.

The prominent players in the EMC Filtration market are Schaffner Holding AG (Switzerland), TE Connectivity (Switzerland), TDK Corporation (Japan), Delta Electronics (Taiwan), Littlefuse, Inc. (US), Schurter Global (Switzerland), Astrodyne TDI (US), Soshin Electric Co., Ltd. (Japan), Sinexcel (China), MORNSUN Guangzhou Science & Technology Co., Ltd. (China). These companies not only boast a comprehensive product portfolio but also have a strong geographic footprint.

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3-phase EMC filters to grow at a high CAGR during the forecast period

3-phase EMC filters are experiencing increasing demand for high-power applications such as test equipment and industrial machinery. These 3-phase EMC filters help reduce unwanted electromagnetic interference within the conducted area of electromagnetic susceptibility of various applications such as motor drives, machine tools, and frequency converters. The general requirements for a 3-phase EMC filter design include line voltage, input currents, insertion loss, and size limitation. The market players are developing next-generation 3-phase EMC filters with optimized packaging for new designs and technology used in industrial machines. The new compact designs of 3-phase EMC filters help reduce carbon footprint significantly and allow the integration of connection terminals within the filter cubical. Three-phase EMC filters are widely used in industrial and commercial applications requiring reliable and stable electrical systems.

Home Appliances applications to grow at a significantly higher CAGR during the forecast period

EMC filtration is necessary in-home appliances to minimize the impact of EMI and ensure the reliable operation of the devices. EMC filters can help to filter out unwanted signals and provide a clean power supply to electronic components, reducing the impact of EMI on the accuracy of data transmission, audio and video quality, and the performance of other electronic equipment in the same environment. Additionally, EMC filtration is critical in ensuring the safety and health of consumers, as certain types of EMI can interfere with the operation of pacemakers and other medical devices. With the increasing usage of appliances such as televisions, smartphones, refrigerators, washing machines, air conditioners etc., will tend to increase the scope of growth of this segment in the coming years.

Asia Pacific accounted for the largest share of the EMC Filtration market in 2022

Asia Pacific accounted for the largest share of the EMC Filtration market in 2022. The increasing technological advancements, increasing government regulations, and the increase in the manufacturing and usage of electrical and electronic devices owing to the increasing population will tend the market in this region to be the largest in 2022 and throughout the forecast period. China is likely to dominate EMC filtration market in Asia Pacific between 2023 and 2028. China is well known for its manufacturing industry globally. According to the National Bureau of Statistics of China, the factory wages in the country are rising at double digits, fueling the demand for industrial robots and automation technology. Both domestic and foreign-based manufacturers in China are endeavoring to boost their productivity using automation technologies. Subsequently, increasing government initiatives and subsidies to accelerate the manufacturing sector will increase the demand for EMC and power quality filters.