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. It is expected to reach USD 8.2 billion by
2024 at a CAGR of 5.34% from 2019 to 2024.
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.
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Brochure:
"Conductive
coatings & paints to hold largest market share in global EMI shielding
market"
Conductive
coatings & paints offer EMI shielding for non-metal surfaces such as
plastics. Therefore, it is widely used in smartphones, telecom equipment,
medical devices, and military devices. Copper conductive painting is widely
used for high-frequency EMI shielding (>30 MHz). Nickel coatings are used in
low-frequency applications. 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. Silver is a highly
conductive metal and is used for high performance with an added cost than
copper coating; hence, it is used in the most demanding application. The
primary application of silver-coated copper conductive coating provides
high-conductivity EMI shielding at a reasonable cost.
"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. There is an increase in demand for
electric vehicles and autonomous cars globally. Also, onboard GPS navigation
systems, touchscreen infotainment systems, handsfree features, Bluetooth
capabilities, and terrain management systems have increased the convenience and
safety of both the driver and the traveler, but the increased use of these
devices has created more challenges related to unwanted EMI. Hence, more the
adoption of advanced electronics, more critical will be the need for EMI
shielding in the automotive market.
Browse in-depth
TOC on "EMI Shielding Market"
66 – Tables
46 – Figures
142 – Pages
"APAC
expected to be fastest-growing region in the EMI shielding market from 2019 and
2024"
The market
in Asia Pacific is expected to grow at the
highest CAGR during the forecast period. The growth of the said market during
the forecast period is expected due to the high demand for consumer electronic
products such as smartphones and home appliances. On the other hand, the
Japanese market would be driven by the demand for electric and hybrid vehicles
and advanced consumer electronics products.
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Sample Pages of Report:
Major
players included in the EMI shielding market are Laird (UK), Chomerics (US),
PPG Industries (US), Integrated Polymer Solutions (US) and DowDuPont (US).
The other key players in this market include companies such as 3M Company (US), Kitagawa Industries (Japan), Tech-Etch (US), Schaffner (Switzerland), and Nolato (Sweden).
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