EMI Shielding Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Global EMI Shielding Market: Overview
EMI shielding, short for electromagnetic shielding, involves engulfing electronics and cables with conductive or magnetic materials to prevent incoming or outgoing emissions of electromagnetic frequencies (EMF). EMI shielding is carried out for many reasons. One such purpose it serves is to thwart electromagnetic interference (EMI) from affecting sensitive electronics. Mostly, metallic mesh shields are leveraged to prevent one component from affecting another inside a particular device. For instance, in a smartphone a metallic shield safeguards electronics from its cellular transmitter/receiver.
Global EMI Shielding Market: Key Trends
The global EMI shielding market is a result of toady’s wireless world choc-a-bloc with signals cellular phones, wifi, and Bluetooth, among others. The waves tend to interfere with one another, thereby affecting the quality of signals. This has necessitated the use of shields. Massive deployment of 4G/LTE cellular infrastructure across the world and strict EMI regulations are also stoking demand in the market.
Countering the growth in the global market for EMI shielding materials are the strict norms pertaining to the types of materials that can be used along with regulations on emissions. Another restraint is the manufacturing process which is essentially expensive and hence deters smaller players with limited capital.
Global EMI Shielding Market: Market Potential
Global giant Molex Incorporated that manufactures electronic, electrical and fiber optic interconnection systems has very recently unveiled a new line of multi-port EMI adapters with internal laser protection shutters. The versatile adapters can support different types of connectors such as MXC, HBMT MTP/MPO, and MT. Emergence of such cutting-edge products is slated to create more opportunities in the market in the near future.
The different areas in which EMI shielding materials find widespread application are electronics, defense, aerospace, automotive, telecommunications, and medical. Among them, the electronics segment is the main driver of demand due to the constant innovation in the electronic devices and the usage of more sophisticated integrated chips and circuits in the devices that result in higher degree of radiations. The EMI shields are also being increasingly used in the more effective GPS and radar devices which often cause high amount of emission that can affect other defense equipment and the people around them.
Conductive coatings and metals are the main materials used for EMI shields. While in the past metals were mostly used, these days conductive coatings are being used on account of their superior properties such as higher thermal conductivity.
Global EMI Shielding Market: Regional Outlook
Geography-wise, the key segments of the global market for EMI shielding materials are Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. Of these, North America and Europe are dominant players in terms of demand and revenue on account of the robust telecom infrastructure and a high production capacity among regional players, along with their eagerness to lap up new technologies.
Asia Pacific, powered by China, is another prominent market on account of its contribution to revenue owing to swift development in the electronics, defense, and automotive industries that mostly use EMI shielding materials.
Global EMI Shielding Market: Competitive Analysis
To assess the competition prevailing in the global workplace transformation market, the report profiles players such as HEICO Corporation, 3M, Parker Hannifin Corp, Marktek Inc., Laird, Kitagawa Industries Co., Ltd., and SAS Industries, Inc.
This study provides a particularized anatomy according to the L.E.A.P mechanism
The regional analysis offers market assays across:
The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.
Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!
This report is the key to questions such as:
What are the prominent factors that will help in reshaping the market growth?
Which trends have the potential to bring expansive growth for the market?
What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?
Which regions will emerge as champion growth contributors for the market?
Which aspects will serve as game-changers for the market?
What are the latest innovations in the market?
Which factors will hinder the growth of the market?
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