Fior Markets launched a study titled “EMI Shielding Market by Material (EMI Shielding Tapes & Laminates, Conductive Coatings & Paints, Metal Shielding, Conductive Polymers, EMI Filters), Method, Industry, Region Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025.”
The global EMI Shielding market is expected to grow from USD 5.46 Billion in 2017 to USD 9.91 Billion by 2025 at a CAGR of 7.7% during the forecast period from 2018-2025.The key contributing factor for the market growth are stellar increase in the demand for consumer electronics due to rise in disposable income and change in lifestyle and heavy investment by the public and private bodies in the consumer electronics sector
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The conductive coatings & paints segment is dominating the market with the highest share 39.80% in 2017.
The material segment is classified EMI shielding tapes & laminates, conductive coatings & paints, metal shielding, conductive polymers, EMI filters). The conductive coatings & paints segment is dominating the market in 2017.EMI shielding for non-metal surfaces is provided by conductive coatings and paints. Materials such as silver, nickel, graphite, silver-coated copper are used as the fillers in conductive coatings and paints.
The radiation segment valued around USD 3.51 Billion in 2017.
Method segment is divided into segments such as radiation and conduction. The radiation segment is dominating the market with the highest share in 2017. The EMI metal shielding is commonly used for protecting the device from EMI radiation. Metal shielding typically provides EMI shielding range of up to 100 dB radiation.
The consumer electronics segment is dominating the market with the highest share 32.40% in 2017.
Industry segment includes consumer electronics, telecom & it, automotive, healthcare,defense& aerospace and others. The consumer electronics segment is dominating the EMI shielding market in 2017. Rise in sensor density and the need to comply with EMI shielding guidelines are expected to be the major factors contributing to the growth of the EMI shielding market in consumer electronics.
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Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. North America is dominating the market with the highest share of 42.50% in 2017. North Americais dominant regionas the market is driven by technological progress and increasing demand for LEDs in a wide array of consumer electronic devices. Besides, the electronics manufacturing services (EMS) industries in the region has also grown in the last couple of years which have also been boosting the EMI shielding market.
The major players of market include Laird Plc., 3M, Chomerics, RTP Company, Marktek Inc., ETS-Lindgren, Tech-Etch, Inc., PPG Industries, Omega Shielding Products, Integrated Polymer Solutions, HEICO Corporation, DowDuPont, Kitagawa Industries, Nolatoand Schaffner Group.
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