Home Electromagnetic The anechoic chamber market is projected at a CAGR of 21.7%

The anechoic chamber market is projected at a CAGR of 21.7%

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Companies featured in the global anechoic chambers market are ESCO TECHNOLOGIES, TDK CORPORATION, MICROWAVE VISION GROUP, FRANCONIA GROUP, and ECKEL INDUSTRIES, among others.

DUBAI, United Arab Emirates, April 12, 2022 (GLOBE NEWSWIRE) — The global anechoic chamber market is expected to reach US$1.2 billion in 2021 and US$2 billion by 2032 by the end of the period. forecast. The market is expected to grow at a CAGR of 21.7% from 2022 to 2032. Growing development in outsourcing of testing, inspection and certification services is expected to play a significant role in driving the market during the forecast period. forecast.

Another salient factor contributing to the expansion of the market is the growing need for testing electronics. Additionally, growing demand for anechoic chambers for EMC pre-compliance testing and growing application of industry-specific custom anechoic chambers are other vital factors boosting the industry during the period of forecast.

On the contrary, increasing incidents of errors and high expenses involved in electromagnetic compatibility testing are expected to hamper the market growth over the forecast period. In addition, increasing delays in assessing overseas qualifications is another cause that is likely to hamper the growth of the industry in the coming times. However, the emergence of 5G technology and the growth of hybrid and electric vehicles have been projected as the coming trend in the market during the forecast period.

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List of Key Players Covered in Anechoic Chamber Market are:

  • ESCO TECHNOLOGY

  • COMPANY TDK

  • MICROWAVE VISION GROUP

  • FRANCONIA GROUP

  • ECKEL INDUSTRIES

Key points to remember:

  • Global Anechoic Chamber Market to Reach USD 1.2 Billion in 2021

  • The global anechoic chamber market is expected to grow by 21.7% over the forecast period

  • The global market for anechoic chambers will procure 2 billion USD

  • IT and telecommunications will expand at a growth rate of 4%

  • The US market will harvest 700 Mn while registering a CAGR of 3.5% during the forecast period

“Continued efforts for the development and commercialization of 5G technology across the globe are expected to be the major contributor to the market expansion. Such efforts from various countries provide various opportunities for the chamber as it is used to test 5G test transmission antennas through EMI/RF/EMC testing,” an IMF analyst said.

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Competitive landscape

Key players in the global anechoic chamber market ESCO TECHNOLOGIES, TDK CORPORATION, MICROWAVE VISION GROUP, FRANCONIA GROUP and ECKEL INDUSTRIES among others.

Recent developments among gamers are:

  • In January 2022, Audio-Technica Fukui Co., a Japanese company, has unveiled its electromagnetic anechoic chambers which would measure radio waves emitted by devices such as headphones and wireless microphones with very high precision so the company can be sure of their compliance with various standards. radio broadcast from each country.

  • In 2020, Mphasis, an IT solutions provider specializing in cloud and cognitive services, has announced the opening of a state-of-the-art Hi-Tech wireless room in Banglore, India. The chamber is equipped with radio frequency shielding for IoT, Wi-Fi and 5G, enabling Mphasis to provide advanced testing and certification services for these technologies.

More valuable information

Future Market Insights in its new offering presents an unbiased analysis of the global Anechoic Chambers Market showcasing historical analysis from 2015-2021 and forecast statistics for the period 2022-2032.

The study reveals essential information on the basis of type (semi-anechoic chamber, full anechoic chamber) and application (automotive, military and defense, IT and telecommunications, consumer devices and electronics, medical, others), in five major regions (North America, Europe, Asia-Pacific, Middle East and Africa and Latin America).

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