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Electromagnetic Compatibility (EMC) Shielding Market - Forecast(2021 - 2026)

The Electromagnetic Compatibility (EMC) Shielding Market size is forecast to reach $2.08 billion by 2026, growing at a CAGR of 5.2% in the period 2021-2026. The growth of the EMC Shielding Market is mainly attributed to increasing growth of auto-electronics sector such as smart phones, laptops, desktops, Tablets and many others. EMC shielding is a method which is used to protect a sensitive signal from external electromagnetic signals or preventing a stronger signal from leaking out and interfering with surrounding electronics. For instance, it can cover PCB elements such as IC chips and active components or connectors and cables between PCBs to protect signal leaking. With the increasing demand and production of consumer electronics in global level, the need of EMC shielding technology is of prime focus by the component manufacturers. For instance, several companies have been investing heavily for the production of electronic products. India aims to produce $24 billion worth of mobi...