CHICAGO, Feb. 21, 2020 /PRNewswire/ -- According to the
new market research report "EMI Shielding Market by Material
(EMI Shielding Tapes & Laminates, Conductive Coatings &
Paints, Metal Shielding, Conductive Polymers, EMI Filters), Method
(Radiation, Conduction), Industry, and Region - Global Forecast to
2025", published by MarketsandMarkets™, the EMI Shielding
Market is projected to grow from USD
6.8 billion in 2020 to USD 9.2
billion by 2025; it is expected to grow at a CAGR of 6.3%
from 2020 to 2025. The EMI shielding market is likely to exhibit
lucrative growth potential during the forecast period. The factors
that are driving the growth of the market include ongoing
demonstrations of field trials and pilot projects to develop the
viability of 5G technology, stringent EMI regulations, and
increasing deployment of the electronics systems in the automotive
industry.
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"Conductive coatings & paints to hold the largest market
share in the global EMI shielding market."
Conductive coatings & paints offer EMI shielding for
non-metal surfaces such as plastics. Therefore, it is used widely
in smartphones, telecom equipment, medical devices, and military
devices. Copper conductive painting is used extensively for
high-frequency EMI shielding (>30 MHz). Nickel coatings are used
in low-frequency applications. Cell phones, tablets, and other
consumer electronics such as television sets, telecommunication
equipment, medical devices, industrial equipment, military devices,
and aerospace equipment are the major applications of conductive
nickel coatings. Silver is a highly conductive metal and is used
for high performance with an added cost compared with copper
coating; hence, it is used in the most demanding applications such
as heavy industry. The primary application of silver-coated copper
conductive coating provides high-conductivity EMI shielding at a
reasonable cost.
"Automotive industry is expected to exhibit the highest
growth from 2020 to 2025."
The fast-changing automotive manufacturing industry across the
world requires EMI shielding solutions to a great extent. There is
an increase in demand for electric vehicles and autonomous cars
globally. Also, onboard GPS navigation systems, touchscreen
infotainment systems, handsfree features, Bluetooth capabilities,
and terrain management systems have increased the convenience and
safety of both the driver and the traveler, but the increased use
of these devices has created additional challenges related to
unwanted EMI. Hence, with an increase in the adoption of advanced
electronics, the need for EMI shielding will be more critical in
the automotive market.
"APAC expected to be the fastest-growing region in the EMI
shielding market from 2020 and 2025."
The market in the Asia Pacific
is expected to grow at the highest CAGR during the forecast period.
The growth of the said market during the forecast period is
expected due to the high demand for consumer electronic products
such as smartphones and home appliances., the Japanese market,
however, would be driven by the demand for electric and hybrid
vehicles and advanced consumer electronics products.
Browse in-depth TOC on "EMI Shielding
Market"
66 – Tables
58 – Figures
154 –
Pages
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Laird Performance Materials (UK), Parker
Hannifin (US), PPG Industries (US), Henkel (Germany), and RTP Company (US) are the
major players operating in the EMI shielding market.
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