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The Global Anechoic Chamber Market is forecast to reach USD 1.58 Billion by 2027, according to a new report by Reports and Data. In recent years there has been continuous expansion of the automotive sector and growing demand for electrical and hybrid vehicles. These chambers players an integral role in the automotive sector in measuring radio frequency emissions from the automobiles onboard. Furthermore, a constant effort for the development and commercialization of 5G technology across different parts of the world like China, and the USA, can be observed in the last few years. Such initiatives by different nations is opening new areas for application of the chamber wherein it is used for testing 5G transmission antennas through EMI/EMC/RF testing. It helps in ascertaining that the antennas are operational.
The COVID-19 Impact: The pandemic can also be seen to boost the demand for various IT services and technologies. It is primarily propelled due to the growth of remote working culture and associated elevating demand for IT services and network equipment. Along with the remote working culture, the increasing demand for telemedicine and telehealth services would be an elevated demand for 5G technology, which would also contribute to the expansion of the market. The pandemic has resulted in highlighting on the importance of remote healthcare services wherein fast connectivity plays a pivotal role. The mentioned factor would contribute to market growth.
However, due to the pandemic and issue with cash flow, there are high risk of the plans for the deployment of 5G technology to be set aside. Furthermore, because of the pandemic, automotive sector has been badly affected, which would also act as a challenge for the growth of the market. The underlying reason being, the automotive sector is one of the major areas of application of this chamber. 78% of the companies have a deficiency of staff to operate a full production line. Approximately 80% of the auto supply chain across the globe is associated with China, the epicenter of the pandemic. The retarded growth of the automotive sector may also have a negative impact on the growth of the industry, particularly in the first three quarters of 2020.
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Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented the Anechoic Chamber market on the basis of Type, Application, End-user and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
End-user Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
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