Monday, May 2, 2022

EMI/RFI Filtering Market to Undertake Strapping Growth during 2030

 Transparency Market Research delivers key insights on the global EMI/RFI filtering market. In terms of revenue, the global EMI/RFI filtering market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global EMI/RFI filtering market.

The global EMI/RFI filtering market is broadly affected by several factors, including usage of EMI/RFI filtering in automotive battery chargers and increasing applications in the telecom infrastructure sector. Thus, expanding applications of EMI/RFI filtering in different sectors is propelling the global market for EMI/RFI filters

EMI/RFI Filtering Market: Dynamics

EMI/RFI filters are also known as EMI suppression filters, which offer protection from the harmful impact of electromagnetic interference. EMI/RFI filtering is used in automotive, telecommunication, consumer electronics, industrial, computers, and other applications. In the automotive field, EMI/RFI filtering is used in automotive battery chargers, infotainment, and other applications. These EMI/RFI filters extract unwanted current conducted through wiring or cables, while allowing required currents to flow freely. Thus, the demand for EMI/RFI filtering is projected to rise in various applications across the Asia Pacific region in the near future. The adoption of technologically advanced, accurate EMI/RFI filtering has increased in the communication field with the introduction of new technologies and innovations, thereby creating lucrative opportunities for the Asia Pacific EMI/RFI filtering market.

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Electronic devices play a vital role in the automotive industry. In automotive vehicles, the typical current span reaches from tens to hundreds of Ampere, while limited volume available in a vehicle and cost pressure poses a severe challenge to potential design solutions. EMI/RFI filtering is largely used in the automobile sector in electric vehicles to filter the high frequency (HF) noise produced by traditional passive components. Moreover, EMI/RFI filtering is highly efficient in automotive battery chargers to avoid noise generated from a rapid charger that radiates into the air from patterns and cables on the substrate. The growing adoption of electric vehicles in Asia Pacific effectively drives the demand for automotive battery chargers in the region, which is expected to boost the demand for EMI/RFI filters in the region during the forecast period.

EMI/RFI Filtering Market: Prominent Regions

The EMI/RFI filtering market in Asia Pacific is expected to expand at a prominent growth rate during the forecast period, owing to the presence of key market players, technological advancements, and growth of automotive battery chargers and telecom infrastructure applications in the region. The EMI/RFI filtering market in Asia Pacific is projected to witness favorable growth during the forecast period, due to significant rise in automotive battery charger applications for high speed charging of electrical vehicles in the region, and the market is projected to reach US$ 907.83 Mn by 2030. Moreover, the North America EMI/RFI filtering market is likely to expand at a significant CAGR of 4.19% during the forecast period, owing to the presence of a large number of players manufacturing EMI/RFI filtering in the region.

EMI/RFI Filtering Market: Key Players

Key players operating in the global EMI/RFI filtering market are Astrodyne TDI Corporation, AVX Corporation, API Tech, Coilcraft Inc., Murata Manufacturing Co., Ltd., NXP Semiconductors, ON Semiconductors, Schaffner, TDK Corporation, TE Connectivity, TOKIN Corporation, and Vishay Intertechnology, Inc.

Global EMI/RFI Filtering Market: Segmentation

EMI/RFI Filtering Market, by Design

  • SMD/SMT
  • Axial/Through Hole

EMI/RFI Filtering Market, by Filter Type

  • Single Phase Filter
  • DC Filters
  • Medical Filters
  • Power Entry Module
  • Three Phase Filters
  • Others (Custom Filters, etc.)

EMI/RFI Filtering Market, by Application

  • Automotive Battery Chargers
  • CNC Machinery
  • Telecom Infrastructure
  • Renewable Energy
  • Smart Homes
  • Street Lighting
  • Medical Equipment
  • Power Supply
  • Industrial Motor Drives
  • Others (Treadmills, Military Communication Equipment, Automated Test Equipment, etc.)

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