Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the global anechoic chamber market. In addition, complete analysis of changes on the global anechoic chamber market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. During COVID-19 pandemic, global anechoic chamber market was more or less affected due to supply chain distribution, declining demand for anechoic chamber from various application like automotive, military & defense, IT & Telecommunication which has certainly affected the market growth to major extend. However, post COVID-19 the market has witnessed the rising new growth opportunities and is expected to have emerging demand in upcoming years.
Rise in trend of inspection, outsourcing testing, and certification services is the key driving factor which is expected to boost the global anechoic chamber market growth. Furthermore, growing usage of hybrid and electric motor is expected to propel the growth of global anechoic chamber market growth. Moreover, increase in technological advancement and innovations will the positive impact on global anechoic chamber market growth. For instance, in July 2017, Sungrow had launched anechoic chamber with highest power distribution capacity for PV and energy storage system industry. Also, increase in demand for anechoic chamber in robotics is expected to fuel the market growth during this forecast period.
Growth of the hybrid and electric vehicles market has create opportunity for anechoic chamber market. Moreover, evolution of 5G technology and increasing application of anechoic chambers in robotics testing also create opportunity for anechoic chamber market. Also, testing opportunities in 2D electronics and molecular electronics helps market to grow in future.
However, high cost of electromagnetic compatibility testing used for anechoic chamber is the challenging factor for market growth which is expected to hamper global anechoic chamber market growth. Also, occurrence of errors during testing will affect the global anechoic chamber market growth.
Long lead time for overseas qualification assessments and testing the flammability of the equipment that is being tested are challenges for anechoic chamber in the market.
The report provides in-depth analysis of global anechoic chamber market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various anechoic chamber in various applications has led the increasing demand for market and is expected to witness the growth at a specific CAGR from 2022-2028.
The global anechoic chamber market comprises of different market segment like type, application and geography.
The type studied in the global anechoic chamber market are semi anechoic chamber, full anechoic chamber. The semi-anechoic chamber market is expected to hold the largest share of the total market size in the year 2021 due to its unique characteristics that allow the user to constantly adjust background noise. This allows the user to test the components faster as compared to other chambers. It makes the semi-anechoic chamber perfect for immunity testing. This also allows the user to have more accurate testing and also is less risky of damages. The demand for semi-anechoic chambers is expected to grow due to the unique characteristics it possesses.
The global anechoic chamber market finds its major application in automotive, military & defense, it & telecommunication, consumer appliances & electronics, medical. The IT & Telecom is likely to gain major market share during the estimated time period. In the IT & Telecom sector servers, blade servers, Ethernet switches, routers, photocopiers, fax machines, cables, and many other information technology equipment (ITE) come under the category of electromagnetic compatibility. The growth of wireless mobile subscribers has completely outnumbered the number of wired subscribers. This unprecedented growth exponentially increases the number of equipment in the system, and the large concentration of the system over limited space further increases the chance for electromagnetic interference. Thus, the designers and manufacturers, through EMC/EMI/RF testing, assure the performance of IT & Telecom equipment, in terms of both hardware and software. Equipment testing is conducted during R&D, manufacturing, and certification stages. With EMC/EMI/RF testing, mobile device manufacturers can ensure that new products adhere to global standards.
The global anechoic chamber market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). Asia Pacific is likely to witness rising demand for anechoic chamber market. The growing demand for modern gadgets and latest medical innovations offer a wide scope of opportunities for the anechoic chambers market in the region. Various aerospace companies are also investing in their production in APAC region due to cheap labor services and also because of ease in foreign investment norms. All these factors are expected to fuel the growth of the anechoic chamber market in APAC.
The competitive landscape analysis of anechoic chamber market is certainly based range of market players operating in the food & beverage market with increasing demand for production of anechoic chamber. Besides, number of market players offered wide range of products for different application in various geographic locations. The market has major competitive analysis based on new product launches as well as other developments.
The key players studied in market are Tdk Corporation, Esco Technologies (Ets-lindgren), Microwave Vision Group (Mvg), Eckel Industries, Albatross Projects, Frankonia Group, Comtest Engineering, Cuming Microwave Corporation, Ecotone System, among others.
June 2018: Bharat Test House Pvt Ltd, (BTHPL) had announced the setup of an EMC/EMI center. In the testing lab established by BTHPL, a 3M Semi Anechoic Chamber was installed.
October 2018: Inter-Basic Resources, Inc. (IBR), which is based in the UK and US was acquired by SGS. IBR is a prominent provider of verification services and state-of-the-art testing for fluid and air filtration performance for various industries. Thus, with the help of this acquisition, SGS would be able to expand its services for non-woven materials specially filtration performance.
Anechoic chamber is useful in automobile industries and home appliances segment to conduct various tests related to noise and vibration. It provides services ranging from designing, fabricating, and installation of an anechoic chamber and semi/hemi anechoic chamber. An anechoic chamber is a room that has been designed in a manner that it has no reverberation and no echo. Any sound emitted in the anechoic chamber is absorbed by the panels. An anechoic chamber is a special place with ceiling, walls, and flooring that absorb any kind sound and electromagnetic waves. It is insulated and doesn’t allow the penetration of noise from any external sources. The reverberation time is very low for several audio frequencies in the anechoic chamber. Anechoic chamber is useful in automobile industries and home appliances segment to conduct various tests related to noise and vibrations. The global anechoic chamber market comprises of different market segment like type, application and geography. The type studied in the global anechoic chamber market are semi anechoic chamber, full anechoic chamber. The semi-anechoic chamber market is expected to hold the largest share of about 80% of the total market size in the year 2021. The global anechoic chamber market finds its major application in automotive, military & defense, it & telecommunication, consumer appliances & electronics, medical. The IT & Telecom is likely to gain major market share during the estimated time period. The global anechoic chamber market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). Asia Pacific is likely to witness rising demand for anechoic chamber market.
1) What are the drivers for anechoic chamber market?
The key driving factors of the market are increasing demand for electrical and hybrid vehicles and the elevating demand for customized industry-specific anechoic chambers
2) Which is the leading application segment for anechoic chamber market?
IT & telecom has accounted the major market share, and is expected to witness the growth at highest pace during the forecast period.
3) Which region is gaining majority of market share during the forecast period (2022-2028)?
Asia Pacific is expected to gain major market share during the forecast period (2022-2028).
