EMI Shielding Market Growing Demand and Huge Future Opportunities by 2031

𝐄𝐌𝐈 𝐒𝐡𝐢𝐞𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝟐𝟎𝟑𝟏

The global EMI shielding market was valued at US$ 6 Bn in 2021
It is estimated to grow at a CAGR of 6.4% from 2022 to 2031
The global EMI shielding market is expected to cross US$ 10.6 Bn by the end of 2031

𝐆𝐞𝐭 𝐀 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 -https://www.transparencymarketresearch.com/emi-shielding-market.html

𝐀𝐧𝐚𝐥𝐲𝐬𝐭𝐬' 𝐕𝐢𝐞𝐰𝐩𝐨𝐢𝐧𝐭 𝐨𝐧 𝐄𝐌𝐈 𝐒𝐡𝐢𝐞𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨

EMI shielding manufacturers should tap into opportunities in the electric vehicle industry. Electric vehicles are equipped with advanced features such as onboard GPS navigation systems, touchscreen systems, Bluetooth, hands-free systems, etc. The high level of electronics in these vehicles has led to challenges when dealing with electromagnetic interference. This, in turn, has propelled the demand for EMI shielding. Moreover, the defense sector has been extensively utilizing UAVs or drones equipped with infrared cameras, GPS, and lasers.

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 𝐨𝐟 𝐄𝐌𝐈 𝐒𝐡𝐢𝐞𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

Electromagnetic interface shielding can be installed to isolate the electromagnetic fields. EMI shielding is a technique of creating a barrier that prevents leakage of a strong electromagnetic field that can interfere with sensitive devices and signals. Electromagnetic interference or, RF shielding material, is an issue for most electronics, since it can decrease the performance of the circuit.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23681

Moreover, rise in the adoption of electric vehicles is anticipated to create significant opportunities for the EMI shielding market during the forecast period. The demand for electric vehicles is witnessing a new wave. According to the IEA, sales of electric cars stood at around 2.1 million. The electric vehicles industry accounts for 2.6% share of the total automobile sales, and they are estimated to reach around 140 million vehicles globally by 2030.

𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐭𝐨 𝐎𝐟𝐟𝐞𝐫 𝐋𝐮𝐜𝐫𝐚𝐭𝐢𝐯𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐭𝐨 𝐄𝐌𝐈 𝐒𝐡𝐢𝐞𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

Based on end-use, the consumer electronics segment dominated the global EMI shielding market and held 33.1% share in 2021. Furthermore, the segment is expected to expand at a moderate CAGR of 6.67% during the forecast period.

𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 | 𝐒𝐚𝐯𝐞 𝐮𝐩 𝐭𝐨 𝟐𝟎% 𝐛𝐲 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 -https://www.transparencymarketresearch.com/checkout.php?rep_id=23681<ype=S

In consumer electronics, EMI shielding is utilized in smartphones, laptops, personal drones, tablets, fitness trackers, GPS systems, and several electronic equipment. The demand for consumer electronic is increasing, owing to rise in digitization and automation, globally. Moreover, an increase in per capita and disposal income has fueled the demand for consumer electronics in developing as well as developed countries.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐌𝐈 𝐒𝐡𝐢𝐞𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

In terms of value, Asia Pacific held 40% share of the global EMI shielding market in 2021. The EMI shielding market in the region is anticipated to expand at a CAGR of 6.57%, in terms of value, during the forecast period.

𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐌𝐈 𝐒𝐡𝐢𝐞𝐥𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

The global EMI shielding market comprises several small and large-scale manufacturers and suppliers that control majority of the share. Most of the firms are adopting new technologies and strategies with comprehensive research and development, primarily to increase flexibility and manufacturing operations. Diversification of product portfolio and mergers & acquisitions are key strategies adopted by market players, including 3M Company, Laird Technologies Inc., Huntsman International LLC, RTP Company, Marktek Inc., ETS-Lindgren, Tech-Etch, Inc., Omega Shielding Products, HEICO Corporation, SCHAFFNER HOLDING AG, Parker Hannifin Corporation, PPG Industries, and Henkel AG and Co. KGaA.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=23681

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

Barite Market - https://www.accesswire.com/718291/Barite-Market-to-Expand-at-A-CAGR-of-5-During-Forecast-Period-Notes-TMR-Study

Plastic Compounding Market - https://www.prnewswire.com/news-releases/plastic-compounding-market-size-worth-us-107-6-bn-by-2031--tmr-study-301638025.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Nikhil Sawlani
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