Global EMI Shielding Market Overview:
EMI Shielding which can also be named as Electromagnetic Interference Shielding Materials. These materials are used as surrounding materials to electronic devices with materials to protect them against the electromagnetic frequencies emitted by other electronic devices. EMI shielding materials are majorly used in drones, smartphones, GPS systems, and many other electronic appliances. Thus, the increasing demand for the EMI Shielding will show significant growth over the forecasting years. According to AMA, the Global EMI Shielding market is expected to see growth rate of 5.41% and may see market size of USD7.95 Billion by 2024.
- Introduction to 5G in Developed Countries and 4G in Developing Countries
- Upsurging Demand for Smartphones, Global Positioning Systems and Many other Digitalize Devices
- Growing Need to Comply with Stringent EMC Regulations
- Robust Developments in EMI Shielding Materials such as Polymer Matrix Composites, Carbon Nanotubes and Many Others
- Comparatively Maximum Cost Associated with the EMI Shielding Operations
- Prevailing Instances of Electronic Radiations from Electronic Components
- Established Consumer Base Smart for and Electromagnetically Sensitive Electronic Appliances
- Growing Raw Material Costs for Electronics Components
- Upsurging Distribution Overheads across the Globe
Some of the key players profiled in the report are Chomerics (United States), Laird Plc. (United Kingdom), PPG Industries Inc. (United States), Henkel AG & Co. KGaA (Germany), RTP Company, Inc. (United States), 3M Company (United States), Kitagawa Industries Co., Ltd. (Japan), Tech-Etch, Inc. (United States), Leader Tech Inc. (United States) and Schaffner Holding AG (Switzerland). Additionally, following companies can also be profiled that are part of our coverage like ETS-Lindgren Inc. (United States), Holland Shielding Systems B.V. (Netherlands) and Digi-Key Electronics (United States). Analyst at AdvanceMarketAnalytics see United States, European, and Japanese Players to retain maximum share of Global EMI Shielding market by 2024. Considering Market by Industry, the sub-segment i.e. Consumer Electronics will boost the EMI Shielding market. Considering Market by Method, the sub-segment i.e. Radiation will boost the EMI Shielding market. Considering Market by Component, the sub-segment i.e. EMI Shielding Tapes & Laminates will boost the EMI Shielding market.
On February 5th, 2019, the global leader in motion and control technologies “Parker Hannifin Corporation” has launched an updated Taiyo America compact hydraulic cylinder, U160S / U100S replacing previous series U160S-1 / U100S-1. The updated series offers enhanced sealing technology and a new optional pilot gland. Taiyo America’s U160S / U100S compact hydraulic cylinders incorporate a new polyurethane rod seal with multiple sealing edges that is self-compensating and self-relieving to withstand pressure variations and conform to mechanical deflection that may occur.
The United States Government is one of the largest procurer and user of electronic products and systems. On the military side, the Department of Defense (DOD) has recognized the importance of EMI shielding and issued many specifications and standards regarding the same. On the household and civilian side, under authority of the Communications Act of 1934’s amendment of 1982, the Federal Communications Commission (FCC) has been charged with regulation of the import, export, manufacturing, sales, shipment as well as use of electronic devices and products which may either emit to cause interference to radio reception or be affected by the electromagnetic environment so that their designed performances are degraded. After conducting many hearings to receive comments from the industry and general public, the FCC frequently issues rules and regulations to enforce EMC.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global EMI Shielding market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in EMI Shielding market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes EMI Shielding Solution Suppliers, EMI Shielding Component Suppliers, EMI Shielding Regulatory Bodies, Advanced Chemical Material Suppliers, Banks, Financial Institutions, Investors, and Venture Capitalists, Technology Investors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.