According to the new market research report “EMI Shielding Market by Material (EMI Shielding Tapes & Laminates, Conductive Coatings & Paints, Metal Shielding, Conductive Polymers, EMI/EMC Filters), Method (Radiation, Conduction), Industry (Consumer Electronics, Telecom & IT, Automotive) – Global Forecast to 2026” the global EMI shielding market size is projected to grow from USD 6.2 billion in 2021 to reach USD 7.7 billion by 2026; it is expected to grow at a CAGR of 4.4% from 2021 to 2026. Some key factors propelling the growth of this market are rising electromagnetic pollution on account of growing digitalization and surging demand for consumer electronics.
• Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=105681800
Browse more than 200 tables, 70 figures, and in-depth TOC on the “EMI Shielding Market” report. Early buyers will receive 10% customization on the report.
EMI shielding market for radiation expected to grow at highest CAGR 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. In consumer electronics, cell phones and tablets use conductive plastics to avoid harmful EMI radiation, which can affect the signal quality. In hospitals, EMI shielding solutions are used in sensitive electrical equipment, such as electrocardiography (ECG) machines. Military equipment also requires EMI shielding solutions to reduce the effects of EMI radiation.
Consumer electronics industry accounted for the largest size of the EMI shielding market in 2020.
Newer sensor technology and intense competition in the market make modern-day consumer electronics and household products affordable, user-friendly, and compact. When digital and analog circuits are installed close to each other, EMI is created, which causes an undesirable response, malfunctioning, or degradation in the performance of electrical equipment. Electromagnetic radiation can also affect other devices in the vicinity. Hence, it is essential to ensure that the device being used is protected from EMI.
Asia Pacific is anticipated to register highest CAGR of market from 2021 to 2026.
There is growing demand for EMI shielding solutions in the Asia Pacific region, especially from major economies such as China, Japan, South Korea, and India. The growth of the EMI shielding market in Asia Pacific can be ascribed to large investments for the deployment of industrial automation solutions, expansion of power generation capacities of plants, emphasis on regulations that demand operational and workforce safety, and significant electrification of the transportation sector.
PPG Industries (US), Parker-Hannifin (US), 3M (US), Henkel (Germany), Laird Performance Materials (UK), RTP Company (US), Schaffner (Switzerland), Tech-Etch (US), and Leader Tech (US) are some major players in EMI shielding market
Study Coverage
This research report categorizes the EMI shielding market based on material, method, and region. This report describes the drivers, restraints, opportunities, and challenges influencing the growth of the market. The value chain analysis, technology analysis, case study analysis, patent analysis, ecosystem analysis, pricing analysis, and the competitive landscape of the market leaders have also been included in the report.
“Brief information on the research methodology for the report can be found in the report description provided on the website.”
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/emi-shielding-market-105681800.html