The global commercial market is being flooded with new electronic products every day that come with the promise of convenient life. This widening range of electronics are prone to causing damage and interference with each other, if not shielded properly. Electromagnetic interference (EMI) works to isolate the energy of a device to prevent its effect and block external energy from attacking. In the present day and age of information, the exposure to electromagnetic wave spectrum has increased due to growing usage of electronics. The growing usage of electronic appliances in electric vehicles, voice-assisted personal entertainment systems, and the effect of AI is propelling demand for EMI shielding. These factors, coupled with increasing industrialization are further boosting the adoption of EMI shielding in the consumer electronics domain. This is expected to unlock new revenue opportunities for the global EMI shielding market.
Viability of 4G and 5G Network Infrastructure Exhibits High Growth Potential
The rapid advancements in 4G and 5G network infrastructure are among the major drivers of consumer electronics. By automating network behaviours, this technology is expected to generate new applications and business use cases. That said, the need for high-speed wireless connectivity has prolonged the demand for 5G networks. This aspect, coupled with the expanding applications of electronic components and systems in automotives is fuelling the demand for EMI shielding. The adoption of 5G contributes to increased electromagnetic wave exposure, thereby elevating the need for EMI shields. Therefore, the rapid advancements in network infrastructure are projected to steepen the growth curve for the EMI shielding market.
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Conductive Coatings and Paints to Gain Prominence in EMI Shielding Market
Paints and conductive coatings protect non-metal surfaces from electromagnetic radiation. The conductive shield around the casing is made using materials such as silver, nickel, graphite, and silver-coated copper. The conductive coating is used in electronics including cell phones, computers, calculators, electronic displays, and touch panels. Of late, a surge in the use of conductive coatings is recorded. Their thin layers are also employed over plastic housings and casings and facilitate EMI shielding and static charge dissipation. This can be attributed to the rising per capita income, urbanisation, and industrialization. With the increased use of plastic electronics, conductive coatings are also in demand, consequently accelerating the growth of EMI shielding market.
Asia Pacific Stays Lucrative Amidst Growing Demand for Mobile Data Services
The growing use of electronic systems in the automotive industry, advancements in wireless cellular infrastructure, and paced demand for consumer electronics are creating the demand for EMI shielding solutions in the Asia Pacific. In addition to this, mobile data services are growing in popularity in the region. This is due to the massive price cut implemented by operators to attract a larger number of end users. Owing to a huge customer base, the region has a high rate of adoption of wireless devices and services. The cumulative force of these factors is projected to stimulate regional EMI shielding market expansion.
Prominent Market Players
Some of the major players in the EMI shielding market include Huntsman International LLC, RTP Company, Marktek Inc., SCHAFFNER HOLDING AG, Parker Hannifin Corporation, ETS-Lindgren, Tech-Etch, Inc., Omega Shielding Products, 3M Company, Laird Technologies Inc. HEICO Corporation, PPG Industries, and Henkel AG and Co. KGaA.
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This analysis of the Global EMI Shielding Market aims to offer relevant and well-researched insights into the contemporary market scenario and the emergent growth dynamics.
The report on EMI Shielding Market also gives the market players and fresh contenders a holistic view of the global market landscape.
The comprehensive study will help both established and emerging players formulate lucrative business strategies and realize their short-term and long-term goals.Check out the Sample Report here: https://www.reportsanddata.com/sample-enquiry-form/1173Market Size – USD 6.1 billion in 2018, Market Growth - CAGR of 5%, Market Trends – Stringent compliance with EMC Requirements Maintaining and improving the competitive position will require successful management of these factors, including continued investment by us in manufacturing, research and development, engineering, marketing, customer service and support, and our distribution networks.
The presence of large number of end use industries coupled with technological innovation is driving demand in this industry.
The rising imports from Asia countries is anticipated to benefit industry growth.Scope of the Report:The study sheds light on the market trends observed in the historical data and undertakes an extensive inspection of the industry to generate valuable insights and progress that must be expected in the forecast years.
The report also classifies the market on the basis of end-users insights and trends, value chain, supply and demand dynamics, and import & export, among others, to give a definitive view of the industry.Segmentations –Major Key Players of the EMI Shielding Market are: Laird PLC, 3M, Chomerics, RTP Company, Marktek Inc., ETS-Lindgren, Tech-Etch Inc., Omega Shielding Products, HEICO Corporation and Schaffner Group.Go For Interesting Discount Here: https://www.reportsanddata.com/discount-enquiry-form/1173For the purpose of this report, Reports and Data have segmented global EMI Shielding market on the basis of Type, Method, Industry and region:Type Outlook (Revenue, USD Million; 2016-2026)EMI Shielding Tapes & LaminatesConductive Coatings and PaintsMetal Shielding ProductsConductive PolymersEMI FiltersMethod Outlook (Revenue, USD Million; 2016-2026)RadiationConductionIndustry Outlook (Revenue, USD Million; 2016-2026)Consumer ElectronicsTelecom and ITAutomotiveHealthcareDefense and AerospaceOthersTo Buy Full Report click here @ https://www.reportsanddata.com/checkout-form/1173Table of Contents:Study Coverage: It includes key manufacturers covered, key market segments, the scope of products offered in the global EMI Shielding market, duration considered, and objectives of the research.
According to the new market research report "EMI Shielding Market by Material (EMI Shielding Tapes & Laminates, Conductive Coatings & Paints, Metal Shielding, Conductive Polymers, EMI Filters), Method (Radiation, Conduction), Industry, and Geography - Global Forecast to 2024", published by MarketsandMarkets™, the EMI shielding market is expected to be valued at USD 6.3 billion in 2019.
The factors that are driving the growth of the market include ongoing demonstrations of field trials and pilot projects to develop the viability of 5G technology, stringent EMI regulations, and increasing deployment of the electronics systems in the automotive industry.
Therefore, it is widely used in smartphones, telecom equipment, medical devices, and military devices.
Cell phones, tablets, and other consumer electronics such as television sets, telecommunication equipment, medical devices, industrial equipment, military devices, and aerospace equipment are the major applications of conductive nickel coatings.
Automotive industry is expected to exhibit highest growth from 2019 to 2024 The fast-changing automotive manufacturing industry across the world requires EMI shielding solutions to a great extent.
On the other hand, the Japanese market would be driven by the demand for electric and hybrid vehicles and advanced consumer electronics products.
