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Electromagnetic Interference (EMI) Shielding Materials Market Set To See Strong Growth by 2024

Author : Rahul Varpe | Published Date : 2019-04-03 

Stringent Electromagnetic Interference (EMI) Shielding Materials Market regulations and need for protection of users from electromagnetic radiation will boost the EMI shielding materials market during the forecast period. Next generation integrated electronic circuits and stacked & multi-chip package structures are more vulnerable to interference. Apart from affecting performance of nearby circuits, EMI may also lead to data loss, increased error rate or complete shutdown of electric circuits. 

Rising need to protect critical equipment in end use sectors from failures to enhance safety features and minimize financial losses will augment Electromagnetic Interference (EMI) Shielding Materials Market growth in coming years. Automotive manufacturers are increasingly installing features such as advanced driver assistance systems, touchscreen infotainment systems, on-board navigation & terrain response systems in the vehicles. These features create interference posing serious threat to the electric circuitries of the vehicles resulting in the need of shielding materials augmenting the EMI shielding materials market during the forecast timeframe.

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Electromagnetic Interference (EMI) Shielding Materials Market Size will grow at a moderate rate from 2017 to 2024. The factors that are driving the industry are increasing telecommunications infrastructure worldwide, increasing use of electronic devices in automobiles and tremendous growth of mobile wireless communications which is resulting in the need to shield digital equipment from interference by unwanted radio frequencies.

Electromagnetic Interference (EMI) Shielding Materials Market is segmented according to the type of materials used which include aluminum, brass, nickel, silver, stainless steel, conductive carbon/graphite composites, metalized plastics and others. Metals are commonly used as shielding material and have a significant market share because of their high electrical and thermal conductivity. Conductive composites EMI shielding materials market will also increase in the coming years because of its extensive use in electronic gadgets such as tablets, laptops, smartphones, medical devices, etc.

By application, Electromagnetic Interference (EMI) Shielding Materials Market is categorized as electronics, defense, automotive, telecommunications, aerospace and medical. Electronics has a substantial share due to use of better circuits and chips in devices which require improved radiation shielding and this trend is expected to continue during the forecast period. EMI shielding materials market for defense applications also has a noteworthy share owing to increasing use of sophisticated communications and radar equipment which can affect other devices and people operating it. The products application in telecommunications, aerospace and automotive is likely to increase in the forecasted timeframe.

Electromagnetic Interference (EMI) Shielding Materials Market by region is segmented as Asia Pacific, North America, Europe, Middle East and Africa and Latin America. Asia Pacific is expected to witness high growth owing to the regions prominence as a hub for manufacturing electronic equipment. North America and Europe have a substantial share of the EMI shielding materials market because of high level of telecommunication infrastructures and ability to adapt to changes in technology. Latin American market share will likely increase due to demand for better electronic devices in the region.

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Key players in the Electromagnetic Interference (EMI) Shielding Materials Market are AI Technology, 3M Company, Alco Technologies, EMI Shielding Materials Company, CGC Precision Technology, Changzhou Pioneer Electronic Company, CGS Technologies, Cybershield Inc, Edogawa Gosei, EIS Fabrico, Henkel, Jinan, ETS- Lindgren, Leader Tech, Omega Shielding Products, Orion Industries, PPG Industries, Tch-Etch, MAJR Products Corporation, Schaffner Holding, Solueta Company, Coilcraft and Greene Rubber Company.
 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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