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Statistical Report: Global EMI Shielding Market Size & Share to Surpass USD 7845.6 million by 2028, at a 4.2% CAGR - Predicts Facts & Factors

11-16-2022 01:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Facts & Factors

EMI Shielding Market

EMI Shielding Market

According to Facts & Factors, the EMI Shielding Market was worth approximately USD 6129.5 million in 2021 and is projected to grow to approximately USD 7845.6 million by 2028, at a compound annual growth rate (CAGR) of approximately 4.2% over the forecast period. In 2021, the market was valued at approximately USD 6129.5 million. The study investigates the factors that are driving the EMI Shielding Market, the factors that are restraining or challenging it, and the effect that these factors will have on-demand over the course of the forecast period. In addition to this, the research investigates prospects that are currently developing in the EMI Shielding Market.

๐‘๐ž๐š๐ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/emi-shielding-market

Key players functioning in the EMI Shielding Market include

PPG Industries (US)
Parker-Hannifin (US)
3M (US)
Henkel (Germany)
Laird Performance Materials (UK)
RTP Company (US)
Schaffner (Switzerland)
Tech-Etch (US)

In the context of electromagnetic interference (EMI), "EMI shielding" refers to the process of deflecting or absorbing electromagnetic radiation by the utilization of materials that are positioned in the path of said interference. The use of EMI shielding can reduce the interference caused by electromagnetic fields, electrostatic fields, and radio wave coupling. The market for EMI shielding is anticipated to expand during the period of forecast analysis as a result of the growing prevalence of electronic components across a variety of end-use sectors, including aerospace and defence, automotive, telecom and information technology, healthcare, consumer electronics, and others.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/emi-shielding-market

The increase in worldwide defense spending by countries will be beneficial to the market for EMI shielding materials. This is because the product is used to cover weapon systems from interference, therefore an increase in global defense spending will benefit the market. Over the past few years, an increase in the demand for consumer electronics has had a positive impact on EMI shielding, and it is anticipated that this trend will continue throughout the projection period. The application of EMI, which makes use of tried-and-true methods and procedures, is the primary factor driving market growth.

Moreover, the increasing use of various types of EMI shielding materials and technologies in various applications of car equipment such as automatic sliding doors, keyless ignitions, remote starters, power seats, and power windows, amongst others, is boosting the EMI market. This is due to the fact that these types of car equipment are becoming more advanced. The Institute of Electrical and Electronics Engineers Standards Association has adopted electromagnetic interference (EMI) shielding as a recommended practice.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/emi-shielding-market

Companies that deal in EMI shielding have a strict obligation to adhere to these guidelines. Numerous EMI shielding companies are unable to enter the market as a result of the procedures that must be followed in order to comply with those regulations. Because of this, it is possible that the market for EMI shielding will not develop as rapidly in the years to come.

The EMI Shielding Market is divided into submarkets depending on the types of materials used, the methods employed, and the industries served. EMI shielding tapes and laminates, conductive coatings and paints, metal shielding, conductive polymers, and EMI/EMC filters are the five distinct product categories that make up the global market for EMI shielding products. Radiation and conduction are the two distinct subcategories that make up the Method sector of the worldwide market. The global market can be broken down into several categories according to the industries that it serves, including Consumer Electronics, Automotive, Healthcare, Aerospace, and Others.

During the period covered by the forecast, APAC held the majority of the market share. It is predicted that the demand for EMI shielding solutions in APAC will be driven by the growing usage of electronic systems in the automotive industry, continuous advances in wireless cellular infrastructure, and higher demand for consumer electronic items.

๐๐ž๐ž๐ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/emi-shielding-market

As a result of mobile operators lowering their prices in an effort to attract the biggest number of end users, mobile data services are also rapidly gaining acceptance throughout APAC. The Asia-Pacific region has quickly become a dominant player in the world of digital platforms. China and India, the countries with the highest population densities in the world, are both located in this region. This region has a high population density, which likely contributes to the high adoption rate of smartphones and other wireless devices and services in this area.

Recent Developments

In 2021, Henkel collaborates with the medical technology company Smartz AG to develop smart adult care solutions. As a result, the partners will be able to provide hygiene product manufacturers with innovative, market-ready digital health products enabled by printed electronics.
In 2021, PPG acquires Cetelon Lackfabrik GmbH, a provider of coatings for automotive and light truck wheel applications. PPG will be able to expand its existing coatings product line, liquid and powder coating technologies, and color-matching capabilities as a result of the strategic acquisition of Ceylon.

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/emi-shielding-market

The global EMI shielding market is segmented as follows:

By Material

EMI Shielding Tapes & Laminates
Conductive Coatings & Paints
Metal Shielding
Conductive Polymers
EMI/EMC Filters
By Method

Radiation
Conduction
By Industry

Consumer Electronics
Telecom & IT
Automotive
Healthcare
Aerospace
Others
By Region

North America
The U.S.
Canada
Mexico
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Nordic countries
Denmark
Finland
Iceland
Sweden
Norway
Benelux Reunion
Belgium
The Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Southeast Asia
Indonesia
Thailand
Malaysia
Singapore
Rest of Southeast Asia
Rest of Asia Pacific
The Middle East & Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America

Facts & Factors
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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction in our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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