EMI Shielding Market Size, Growth, Trend Report and Analysis (2021-2027) | UnivDatos

According to UnivDatos’ research report “EMI Shielding Market”, the market is expected to witness a CAGR growth of ~5% during the forecast period 2021-2027F. Improving regeneration technology coupled with growing end use industry and stringnet environmental compliances are some of the key attributable factors for the growth of the market.

Radio wave and microwave radiation is emitted by all electronic devices, particularly those that operate in the radio wave and microwave range of frequencies. Since, the radiation interferes with electronics, due to the interaction of the electrons in the metal conductors with the electric field in the radiation. The interference can cause the electronics to malfunction. Therefore, as adoption of devices which involves radio wave and microwave are increasingly abundant, shielding materials are increasingly needed for both radiation sources and electronics. For instance, the worldwide sales of smartphone rose to 1,541 million units in 2019 from 297 million units in 2010. This rapid growth in smartphone market has increased the demand for EMI shielding materials.

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However, 2020 was a negative year for the industry due to COVID-19 because of the stringent measures taken by the governments across the globe such as implementation of subsequent lockdown in order to curtail the spread of disease which has resulted in the shutdown of industries. Furthermore, change in consumer sentiment is also affected the market. People are spending income mainly on essential things resulted in the drop in consumer electronics sales. In addition, shortage of semiconductor across the globe in 2021 has affected the industrial production activities. Several companies including automotive announced the reduction in automobiles production. All these factors had a negative impact on the market

Based on material, the market is categorized into EMI shielding tapes & laminates, conductive coatings & paints, metal shielding enclosures, metal shielding tape, conductive polymers, polymer composites, and EMI/EMC filters. Among these, conductive coatings & paints contribute considerable share in the market in 2020 and is likely to grow during the forecast period owing to their ability to perform in various types of surfaces.

Based on method, the market is bifurcated into radiation and conduction, of which radiation accounted for the larger share in the market in 2020 and is likely to grow in near future. This is mainly attributed to the large and growing demand of electronics devices and since most the electronics devices emits radiation.

Asia-Pacific held considerable portion of the pie in 2020

Based on region, the report provide detail analysis for overall adoption of EMI Shielding in major region including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World. Asia Pacific accounted for the significant share in the market owing to large and growing industries. The region is the largest producer of electronics products. The extensive growth in the Chinese manufacturing sector in last couple of decades owing to the changes in government policies list the country among the largest producer of consumer electronics products, automobiles, and telecom & IT infrastructure. Various countries like US and European countries have outsourced the manufacturing of massive amounts of goods to China, owing to low-cost raw material and labor along with well-established supply chain ecosystem. All these factors boosted the country electronics market as a result aiding the regional EMI shielding market.

According to UnivDatos, the key players with a considerable market share in the global EMI Shielding market are 3M Company, PPG Industries Inc., Parker-Hannifin Corporation, Henkel AG & Co. KGaA, Laird Performance Materials, Leader Tech Inc., MG Chemicals Ltd., Nolato AB, RTP Company Inc., and Schaffner Holding AG. These companies are taking several strategic decisions to increase their market share and revneue.

Some of the instances are:

§ In November 2020, PPG Industries Inc. announced the new customization options for its PPG TESLIN EMI/RF shielding material that offer enhanced RF-shielding performance for electronic passports and other electronic security documents

§ In March 2020, Laird Performance Materials announced the development of Softzorb MCS, a EMI-mitiagating abosober. This newly launched absorber eliminates unwanted signal noise while also acting as a gap filler that reduces coupling – all without damaging sensitive components

“EMI Shielding Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.      

Click here to view the Report Description & TOC: https://univdatos.com/reports/emi-shielding-market-current-analysis-and-forecast-2021-2027-2

Market Segmentation:

1.     By Material (EMI Shielding Tapes & Laminates, Conductive Coatings & Paints, Metal Shielding Enclosures, Metal Shielding Tape, Conductive Polymers, Polymer Composites, and EMI/EMC Filters)

2.     By Type (Radiation and Conduction)

3.     By Industry (Consumer Electronics, Telecom & It, Automotive, Healthcare, Aerospace, and Others)

4.     By Region (North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of APAC), and Rest of World)

5.     By Company (3M Company, PPG Industries Inc., Parker-Hannifin Corporation, Henkel AG & Co. KGaA, Laird Performance Materials, Leader Tech Inc., MG Chemicals Ltd., Nolato AB, RTP Company Inc., and Schaffner Holding AG)

Key questions answered in the study:

1.     What are the current and future trends of the global EMI Shielding industry?

2.     How the industry has been evolving in terms of materials, method, and industrial areas?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global EMI Shielding industry?

5.    What are the customer orientation, purchase behavior, and expectations from the global EMI Shielding suppliers across various region and countries? 

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