Increasing global defense expenditure by countries will positively influence the Electromagnetic Interference (EMI) Shielding Materials Market as the product is extensively used to shield weapon systems from interference.
Selbyville, United States - June 21, 2019 /MarketersMedia/ —
Electromagnetic Interference (EMI) Shielding Materials Market Size will grow at a moderate rate from 2017 to 2024. The factors that are driving the industry are increasing telecommunications infrastructure worldwide, increasing use of electronic devices in automobiles and tremendous growth of mobile wireless communications which is resulting in the need to shield digital equipment from interference by unwanted radio frequencies.
Stringent EMI regulations and need for protection of users from electromagnetic radiation will boost the EMI shielding materials market during the forecast period. Next generation integrated electronic circuits and stacked & multi-chip package structures are more vulnerable to interference. Apart from affecting performance of nearby circuits, EMI may also lead to data loss, increased error rate or complete shutdown of electric circuits. Rising need to protect critical equipment in end use sectors from failures to enhance safety features and minimize financial losses will augment EMI shielding materials market growth in coming years.
Request for In-Depth Table of Content of this Report @ https://www.gminsights.com/request-toc/upcoming/1362
Increasing global defense expenditure by countries will positively influence the Electromagnetic Interference (EMI) Shielding Materials Market as the product is extensively used to shield weapon systems from interference. With growing instability in many regions of the world, countries are expanding their defense capabilities and spending more on research and development of new weapons systems. Global military expenditure was around USD 1.5 trillion in 2015 and the top three countries in terms of spending were the U.S, China, and Saudi Arabia. Growth in the aerospace industry, including space exploration, will also drive the market. 30,000 new passenger aircrafts will be needed in the next 20 years to cope with increasing number of air passengers and many equipment used in aircrafts need the shielding materials. Rising space exploration missions by countries will also augment the EMI shielding materials market in coming years.
The product requires high end R&D activities and huge capital costs for its processing. Coatings may lose solubility in water or other solvents and some coatings may become unstable when it comes in contact with moisture. Use of rare earth metals in shielding also increases manufacturing costs. These factors may hamper the EMI shielding material market in the future.
The Electromagnetic Interference (EMI) Shielding Materials Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Electromagnetic Interference (EMI) Shielding Materials Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Electromagnetic Interference (EMI) Shielding Materials Market Product Insights
5. Electromagnetic Interference (EMI) Shielding Materials Market Application Insights
6 Electromagnetic Interference (EMI) Shielding Materials Market Regional Insights
7. Competitor Profiles
Browse More Report Summary @ https://www.gminsights.com/industry-analysis/electromagnetic-interference-emi-shielding-materials-market
Electromagnetic Interference (EMI) Shielding Materials Market is segmented according to the type of materials used which include aluminum, brass, nickel, silver, stainless steel, conductive carbon/graphite composites, metalized plastics and others. Metals are commonly used as shielding material and have a significant market share because of their high electrical and thermal conductivity. Conductive composites EMI shielding materials market will also increase in the coming years because of its extensive use in electronic gadgets such as tablets, laptops, smartphones, medical devices, etc.
By application, Electromagnetic Interference (EMI) Shielding Materials Market is categorized as electronics, defense, automotive, telecommunications, aerospace and medical. Electronics has a substantial share due to use of better circuits and chips in devices which require improved radiation shielding and this trend is expected to continue during the forecast period. EMI shielding materials market for defense applications also has a noteworthy share owing to increasing use of sophisticated communications and radar equipment which can affect other devices and people operating it. The products application in telecommunications, aerospace and automotive is likely to increase in the forecasted timeframe.
Reasons to Buy This Report:
1 Electromagnetic Interference (EMI) Shielding Materials Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Electromagnetic Interference (EMI) Shielding Materials Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
Make Customization in This Report @ https://www.gminsights.com/roc/1362
Key players in the Electromagnetic Interference (EMI) Shielding Materials Market are AI Technology, 3M Company, Alco Technologies, EMI Shielding Materials Company, CGC Precision Technology, Changzhou Pioneer Electronic Company, CGS Technologies, Cybershield Inc, Edogawa Gosei, EIS Fabrico, Henkel, Jinan, ETS- Lindgren, Leader Tech, Omega Shielding Products, Orion Industries, PPG Industries, Tch-Etch, MAJR Products Corporation, Schaffner Holding, Solueta Company, Coilcraft and Greene Rubber Company.
Contact Info:
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/industry-analysis/electromagnetic-interference-emi-shielding-materials-market
Source: MarketersMedia
Release ID: 527669
