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What’s driving the Aircraft EMI Shielding Market trends? | Key Players are Parker Hannifin, W.L Gore & Associates, The 3M company, Laird PLC, and PPG Industries
Aircraft EMI Shielding Market
Based on location, the aircraft EMI shielding market share can be categorized into airframe, antenna, flight deck, and electronics bay. The growth in the electronics bay can be credited to the transmission of significant radiation and electromagnetic interference owing to the presence of a wide range of electronics and equipment operating at varied temperature and wavelength.
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Technological advancements including the incorporation of nanoparticles for improving EMI shielding operations are further expanding the aircraft EMI shielding market share. For instance, in 2015, the Self Aligning Nanoparticles for Transparent Electronics (SANTE) technology was introduced for applications requiring higher attenuation. The presence of multiple layers enables for efficient performance across a wide range of RF frequencies.
The aircraft EMI shielding market share based on application are segmented into equipment shielding, structural shielding & bonding. The growth in the equipment shielding can be credited to the rising incorporation of electronic equipment in aircrafts. Additionally, the radiations from the electronic equipment along with generation of heat owing to continuous operations further accentuates the segment demand over the projected timeframe.
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Proliferating usage of entertainment devices in flight for enhancing the air passenger travel experience will play a major role in accelerating the aircraft EMI shielding market demand over the study timeframe. Moreover, the presence of a wide range of sensors and transmitters in aircrafts play a major role in discharging significantly high EMI radiations, thereby boosting the industry share.
Based on distribution channel, the aircraft EMI shielding market share can be categorized into OEM and aftermarket. The growth in the OEM segment can be credited to the increasing application of EMI shielding in aircrafts during production. Additionally, the improving communication devices and equipment performance enables industry players to significantly invest in improved EMI shielding technologies, thereby supporting the segment share expansion over the study timeframe.
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Asia Pacific will witness significant growth in the aircraft EMI shielding market share over the projected timeframe. This can be attributed to the increasing aircraft fleet across the region for supporting the growing air passenger traffic. Multiple airliners are ordering new aircrafts for expanding their business share. For instance, in 2019, Asia Pacific Airlines announced the acquisition of Boeing 757-200 for carrying out conversion by Precision Aircraft Solutions.
Aircraft EMI Shielding Market will register remarkable CAGR to 2025 propelled by adverse effects of electromagnetic interference on aviation equipment and components. Increasing interference on communication signals between the pilot and control tower along with interruptions in aviation equipment performance further accentuates the market over the forecast timeframe.
Few players operating in the aircraft EMI shielding market share include Parker Hannifin, W.L Gore & Associates, The 3M company, Laird PLC, and PPG Industries. Industry players are continuously engaged in strategic mergers and acquisitions for improving their market share. For instance, in 2018, PPG announced the acquisition of Whit ford Worldwide.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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