Aircraft EMI Shielding Market Worth US$ 993.0 million in 2024

Stratview Research announces the launch of a new research report on Aircraft EMI Shielding Market. This 258-page extensive report from Stratview Research, studies the aircraft EMI shielding market over the trend period from 2013 to 2018 and the forecast period from 2019 to 2024. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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This Aircraft EMI Shielding Market market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
● by Aircraft Type (Commercial Aircraft, Military Aircraft, and Others) – Commercial aircraft will remain the growth engine of the market.
● by Application Type (Equipment Shielding, Structural Shielding, and Others) – Equipment shielding is expected to remain the most dominant application.
● by Product Type (Conductive Coatings & Paints and Others) – Conductive coatings & paints will remain the dominant product type segment.
● by Location Type (Electronics Bay, Airframe, and Others) – Electronics bay will remain the largest and fastest-growing segment of the market.
● and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

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Aircraft EMI Shielding Market Insights

The aircraft EMI shielding market offers healthy growth opportunities in the entire ecosystem and is projected to reach US$ 993.0 million in 2024. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; introduction of composite-rich aircraft, such as B787; increasing use of modern electronics equipment; advancement in EMI shielding technologies and rising aircraft fleet size are the major growth drivers of the market.

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The market is segmented based on the aircraft type as Commercial Aircraft, Military Aircraft, Regional Aircraft, General Aviation, Helicopter, and UAV. Commercial aircraft is expected to remain the growth engine of the market during the forecast period. Increasing commercial aircraft deliveries to support rising passenger and freight traffic, introduction of fuel-efficient next-generation aircraft, increasing penetration of advanced composites in aircraft structural applications, and rising commercial aircraft fleet size across regions are the key factors propelling the demand for EMI shielding in the segment.

Based on the application type, the market is segmented as Equipment Shielding, Structural Shielding, and Bonding. Equipment shielding is expected to remain the most dominant application segment of the market during the forecast period, propelled by increasing shielding requirements for electrical equipment, avionics, and aircraft wiring and increasing usage of electronic devices and digital systems in avionic systems.

Based on the product type, the market is segmented as Conductive Coatings & Paints, Laminates, Tapes & Foils, Cable Overbraids, Conductive Gaskets, and Others. Conductive coatings & paints are expected to remain the dominant product type in the market during the forecast period, whereas the laminates, tapes & foils segment is expected to witness the highest growth in the same period, driven by an incessant replacement of metal parts with composite ones, owing to the advantage of excellent strength-to-weight ratio at a relatively low weight.

Based on the location type, the market is segmented as Electronic Bay, Airframe, Flight Deck, and Antenna. Electronics bay is expected to remain the largest and fastest-growing segment of the market during the forecast period, driven by increasing demand for EMI shielding in avionics and rising usage of gaskets in the electronic bay.

Based on regions, North America is expected to remain the largest aircraft EMI shielding market during the forecast period, whereas Asia-Pacific is expected to experience the highest growth in the same period. The higher growth of aircraft EMI shielding in Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic, opening of assembly plants of Boeing and Airbus for B737, A320, and A330 aircraft programs; increasing procurement of military aircraft owing to rising defense budget, and upcoming indigenous commercial and regional aircraft (C919 and MRJ).

The supply chain of this market comprises raw material suppliers, aircraft EMI shielding manufacturers, distributors, tier players, aircraft manufacturers, airline companies, MRO companies, and leasing companies. The key aircraft EMI shielding manufacturers are Parker Hannifin Corporation (Chomerics Division), W. L. Gore and Associates, Inc., The 3M Company, Laird Plc, and PPG Industries, Inc. Development of optimized aircraft EMI shielding, regional expansion, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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This release was published on openPR.