Almost, all electronic equipment manufactured toady includes EMI (Electromagnetic Interference) filtering circuits to limit the interference that is conducted or radiated from the power circuit. Due to this factor, EMI, filter kits market is expected to increase continuously during the forecast period. Also, the rising adoption of power electronics devices is becoming very common in many industrial applications such as in automotive and aeronautic fields is set to drive the growth of EMI, filter kits market. Moreover, the use of power devices with high speed commutation is promoting the growth of EMI, filter kits market.
EMI, filter kits refers to the collection or combination of resistor, capacitor, and passive inductors components which are used to create a filter topology which can suppress a band of frequencies of signals in a circuit. The increasing adoption of power line communication electronic equipment in home automation and intelligent home controls is generating the potential growth opportunities for the growth of EMI, Filter Kits market.
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EMI, Filter Kits Market: Market Dynamics
Production and Assembling of Power Semiconductor Devices is Creating Demand for EMI, Filter Kits
Growing adoption of power semiconductor devices and high frequency PCB power transformers for power distribution applications is one of the primary factors driving the growth of EMI, Filter Kits market. Due to the higher switching frequency, electromagnetic interference (EMI) is generated in these power semiconductor devices, and therefore, to suppress the conducted EMI, it is becoming important to use EMI filters. Due to this factor, the EMI, filter kits market is gaining momentum and it is expected to witness significant growth rates during the forecast period. Furthermore, stringent regulations regarding EMI filtering to ensure the compliance with emission limits is creating potential growth opportunities for EMI, filter kits markets. Also, the continuous demand for automation, security, and electrification is further driving the growth of EMI, filter kits market.
Increasing Demand for EMI filter kits in Medical Applications
Manufacturing and designing of high power medical and electronic equipment in compliance with product safety standards is one of the most important factors creating the need for EMI filter kits and therefore, due to this factor, EMI filter kits market is expected to witness high growth rates during the forecast period. Moreover, standards such as IEC 60601, regulates the international medical device market, and specifies fusing, leakage current, and the use of specific switches in medical electronic equipment.
EMI, Filter Kits Market: Competition Landscape
Some of the key players in the EMI, filter kits market are Murata Manufacturing Co., Ltd., NXP Semiconductors, TDK Corporation, Schaffner Holding, TE Connectivity, Panasonic Corporation, ON Semiconductors, Vishay Intertechnology, Astrodyne TDI Corporation, AVX Corporation, and Exxelia Dearborn.
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EMI, Filter Kits Market: Regional overview
On the basis of region, Asia Pacific excluding Japan is expected to capture the large market share in terms of value in the EMI, filter kits market due to the presence of various key EMI, filter kits providers in the countries of region and continuous development in the automotive and industrial automation sector. Europe and North America are also expected to capture significant market share in the EMI, filter kits market during the forecast period owing to the increasing adoption of EMI, filter kits for various high power applications in automotive, industrial, and medical sector. Middle East & Africa and Latin America are anticipated to witness significant growth rates in the EMI, filter kits market due to rapidly booming electronics and semiconductor market in the various countries of the region.