The rapid increase in the use of electronic
devices leads to electromagnetic pollution which consequently made the adoption
of EMI shielding solutions important. The use of non-linear devices, increasing
clock frequencies, faster slew rates, and increasing packaging concentration are
further pressing the requirement for EMI shielding. Reliable protection against
EMI substantially contributes toward safeguarding device or system reliability
and also ensures that the device achieves its rated performance.
The EMI
shielding market is expected to be valued at USD 6.3 billion in 2019
It is expected to reach USD 8.2 billion by
2024 at a CAGR of 5.34% from 2019 to 2024. Factors such as ongoing demonstrations of field trials and
pilot projects to develop the viability of 5G technology and stringent
environmental and EMC regulations across industries are driving the growth of the EMI shielding market.
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Key Market
Players:
Laird (UK), Chomerics (US), PPG Industries
(US), Integrated Polymer Solutions (US), and DowDuPont
(US) are some of the leading players in
the EMI shielding market. These players have been relying on their strong
R&D capabilities and a balanced product portfolio to increase their
customer base in the EMI shielding market.
Chomerics (US) held the leading position as the
suppliers of various EMI shielding products to different industries.
Chomerics is a major player offering conductive coating and paints for EMI
shielding market where Laird Plc. (UK) is
not present. With the support of its parent company—Parker Hannifin Corp., it
is having presence in around 50 countries
of the world. Chomerics is well-positioned in the said market since it offers
diversified solutions to many industries, including electronic devices and components.
Chomerics (US) also has a robust product portfolio in other components such as
conductive elastomers and EMI shielding tapes.
Laird (UK) is one of the leading suppliers in the
global EMI shielding market. The company provides components
and solutions for the electronics industry across the globe and has a
well-established network of subsidiaries, distributors, and representatives.
Laird has significant presence in
consumer electronics related technology such as wireless connectivity module,
antennas, and thermal interface material (TIM). This
helps the company to address all the requirements of the customers; thus, it has
won more customers and ensure continuous revenue stream form different businesses.
PPG
Industries manufactures and distributes coatings, specialty materials, and
glass products. The company operates in 3 segments, namely, Performance
Coating, Industrial Coating, and Glass. PPG Industries’ EMI shielding solution
comes under the Performance Coating segment. The Performance Coating segment is further divided into Refinish, Aerospace, and
Architectural Coating segments.
Other players in this market include 3M Company
(US), Kitagawa Industries (Japan), Tech-Etch (US), Schaffner (Switzerland), and
Nolato (Sweden), among others.
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MarketsandMarkets™
MarketsandMarkets™
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Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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