Press release
With 5.4% CAGR, EMI Shielding Market Growth to Surpass USD 8.6 billion
The global EMI shielding market size is expected to grow from USD 6.6 billion in 2022 to USD 8.6 billion by 2027, at a CAGR of 5.4%. The rising adoption of advanced and compact electronic devices in consumer electronics, automotive and telecommunications & information technology industries indicates a rising need for EMI shielding market.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=105681800
The automotive industry is expected to grow at a highest CAGR in EMI shielding market. The increasing number of electronic components and systems in a newly manufactured automobile is expected to drive the demand for EMI shielding solutions in the automotive industry. The advent of electric vehicles is likely to create opportunities for EMI shielding solutions in the automotive sector. Automobile manufacturers must comply with electromagnetic emission and immunity norms before they introduce vehicles in the market. All these factors are expected to drive the market for EMI shielding in the automotive industry
The market for radiation method segment is expected to account largest market share during the forecast period. EMI metal shielding is commonly used to protect a device from EMI radiation. Metal shielding typically provides a radiation EMI shielding range of up to 100 dB. Cell phones and tablets use conductive plastics in consumer electronics to avoid harmful EMI radiation, which can affect signal quality. In hospitals, EMI shielding solutions are used in sensitive electrical equipment, such as electrocardiography (ECG) machines. Military equipment also require EMI shielding solutions to reduce the effects of EMI radiation. Therefore, the radiation segment is projected to hold the largest market share from 2022 to 2027.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=105681800
Asia Pacific is expected to hold the largest share of the EMI shielding market during forecast period. China is the world's largest producer and end user of electronics. The region can be considered a global hub for consumer electronics due to the presence of several significant players, such as LG Electronics, Sony, Panasonic, and Samsung, in China, Japan, and South Korea. The rising production of electronics industry in the region is expected to create significant opportunities for the providers of EMI shielding solutions in the region. The country is also low cost automotive manufacturing hub. OEMs in Asia Pacific are focussing on development of EVs and HEVs. Thus, electronics as well as automotive are among a few key industries in Asia Pacific region to drive growth in EMI shielding market.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release With 5.4% CAGR, EMI Shielding Market Growth to Surpass USD 8.6 billion here
News-ID: 2763301 • Views: …
More Releases from MarketsandMarkets
Cladding Systems Market worth $347.7 billion by 2028 | Key players DowDuPont (US …
According to recent market research the "Cladding Systems Market by Material (Ceramic, Wood, Brick & Stone, Vinyl, Stucco & EIFS, Metal, Fiber Cement), Type, Application (Residential, Non-Residential), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2028", is projected to grow from USD 268.4 billion in 2023 to USD 347.7 billion by 2028, at a CAGR of 5.2% from 2023 to 2028. In many urban areas,…
Polyester Film Market worth $44.2 billion by 2028 | Key players Atlas DuPont Tei …
According to recent market research the "Polyester Film Market by Type (Biaxially oriented, thermal film, metalized film, holographic film, UV stabilized, matte film, barrier film), Application (packaging, electrical insulation, imaging), End Use Industry, and Region - Global forecast to 2028", is projected to reach USD 44.2 billion by 2028, at a CAGR of 6.2% from USD 32.7 billion in 2023. The Polyester Film market is mainly driven by the demand…
Smart Grid Market Size to Grow $103.4 Billion by 2026 | General Electric, ABB, S …
The global smart grid market size is expected to grow from an estimated USD 43.1 billion in 2021 to USD 103.4 billion by 2026, at a CAGR of 19.1%. Modernization of aging grid infrastructure is one the primary factors driving market growth. Moreover, the government across the world is encouraging the investments in smart grids.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=208777577
Smart grid technology enables the transition from a traditional energy distribution network to…
More Releases for EMI
Covid-19 Impact on EMI Shield Cans Market is Likely to Experience a Tremendous G …
The report covers the present scenario and the growth prospects of the global EMI Shield Cans Market for year 2020 to 2027. This report also shows the most important factors that can lead to the acceleration and deterioration of market growth. As a result, this report will be endowing with all the required information on the up-to-date developments & trends and emphasize on markets & materials, capacities & technologies, and…
Enerdoor's Custom EMI Filters by GD Rectifiers
Enerdoor offers custom EMI solutions with different attenuation levels, mechanical dimensions and electrical specifications, in addition to their comprehensive range of EMI-RFI filters, harmonic filters and motor protection devices.
Enerdoor’s research and development teams are able to simulate different attenuation levels in the 9 KHz to 10 GHz frequency range, providing mechanical solutions for specific custom requirements.
Enerdoor’s in-house prototype department is able to prepare prototypes with a quick turn around and…
EMI Shielding Market Pegged for Robust Expansion During 2018 to 2028(On the basi …
Electromagnetic interference shielding or EMI shielding is commonly applied to prevent electromagnetic interference from affecting sensitive electronic devices, systems, and equipment that are used for critical applications. The causes of EMI can range from temporary disturbance and system failure to data losses and even loss of life. EMI shields are mechanical devices including flexible metal screens, metal foams, and metal wires, which are generally put around the electronic devices to…
EMI Absorber Sheets & Tiles Market Report 2018: Segmentation by Product (Broadba …
Global EMI Absorber Sheets & Tiles market research report provides company profile for Vacuumschmelze, Arc Technologies, Molex, API Delevan, Leader Tech, Mast Technologies, NEC-Tokin (KEMET), 3M, TDK, Laird Technologies, Fair-Rite and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the…
EMI Shielding Market Evident by 2025
Global EMI Shielding Market: Overview
EMI shielding, short for electromagnetic shielding, involves engulfing electronics and cables with conductive or magnetic materials to prevent incoming or outgoing emissions of electromagnetic frequencies (EMF). EMI shielding is carried out for many reasons. One such purpose it serves is to thwart electromagnetic interference (EMI) from affecting sensitive electronics. Mostly, metallic mesh shields are leveraged to prevent one component from affecting another inside a…
EMI Shielding Market - Industry Share Analysis 2017 - 2025
Global EMI Shielding Market: Overview
EMI shielding, short for electromagnetic shielding, involves engulfing electronics and cables with conductive or magnetic materials to prevent incoming or outgoing emissions of electromagnetic frequencies (EMF). EMI shielding is carried out for many reasons. One such purpose it serves is to thwart electromagnetic interference (EMI) from affecting sensitive electronics. Mostly, metallic mesh shields are leveraged to prevent one component from affecting another inside a…
