Research Nester published a report titled “EMI Shielding Market:
Global Demand Analysis & Opportunity Outlook 2031” which
delivers detailed overview of the global EMI shielding in terms of market
segmentation by material, method, type, and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
The global
EMI shielding market is anticipated to grow with a CAGR of ~5% during the
forecast period, i.e. 2022-2031. The market is segmented by application into
automotive, defense & aerospace, healthcare, telecom & IT, and consumer
electronics. Out of these, automotive segment is expected to garner the largest
market share owing to rise in demand and production vehicles across the world. As per Organization of Motor
Vehicle Manufacturers, the global production of vehicles was 80,145,988 units
in 2021. This is a rise from 77,711,725 units in 2020.
The
global EMI shielding market is estimated to garner a notable revenue. The rapid
industrialization has prompted digitalization which has fueled the adoption of
smart devices for effortless communication. The increased usage of devices has
further created electromagnetic waves and have become a source of
electromagnetic pollution. The electromagnetic field generated by these devices
results in electromagnetic radiation. The increment in electromagnetic
pollution is thus projected to create the need for EMI shielding of these
devices. EMI shielding products such as EMI shielding tapes, metal shielding,
conductive coatings, and conductive polymers are used to prevent the devices
from causing electromagnetic pollution.
Geographically,
the global EMI shielding market is segmented into five major regions including
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
region. Out of these, the market in Asia Pacific region is estimate to garner
the largest market share by the end of 2031, on the back of increased sales and
production of vehicles, high consumption of chemicals, increasing GDP level,
and expansion of disposable income.
The
research is global in nature and covers detailed analysis on the market in
North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden,
Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America
(Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India,
Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE,
Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East
and Africa). In addition, analysis comprising market size, Y-O-Y growth &
opportunity analysis, market players’ competitive study, investment
opportunities, demand for future outlook etc. has also been covered and
displayed in the research report.
Rise in Demand and Sales of
Automobiles to Drive the Market Growth
Recently,
there has been growth in the automotive industry, which is also anticipated to
have a positive impact on the market growth. EMI shielding has been highly
utilized in the automotive industry in manufacturing GPS navigation and infotainment
systems. Other factors, including various advancements in the 4G and 5G network
technologies, along with the implementation of favorable government policies to
minimize electromagnetic radiation in the environment, are projected to drive
the market further.
However,
high EMI shielding costs, as well as additional expenses incurred in the
manufacturing process and miniaturization of electronic devices, will be major
restraints on the growth of the global EMI shielding market over the forecast
period.
This
report also provides the existing competitive scenario of some of the key
players of the global EMI shielding market which includes company profiling of
3M, Parker-Hannifin Corporation, The Dow Chemical Company, ETS-Lindgren Inc.,
Henkel AG & Co. KGaA, KITAGAWA INDUSTRIES America, Inc., Laird Performance
Materials (DuPont de Nemours, Inc.), LEADER TECH INC., PPG Industries, Inc.,
RTP Company and others. The profiling enfolds key information of the companies
which encompasses business overview, products and services, key financials and
recent news and developments. On the whole, the report depicts detailed
overview of the global EMI shielding market that will help industry
consultants, equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
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Report Sample@ https://www.researchnester.com/sample-request-4320
About Us
Research
Nester is a leading service provider for strategic market research and
consulting. We aim to provide unbiased, unparalleled market insights and
industry analysis to help industries, conglomerates and executives to take wise
decisions for their future marketing strategy, expansion and investment etc. We
believe every business can expand to its new horizon, provided a right guidance
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