EMI Shielding Materials Market
EMI Shielding Materials Market (Material - Conductive Coatings, Metals, Conductive Plastics, Laminates; Application - Automotive, Defense, Electronics, Telecommunications, Aerospace, Medical) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
- Chemicals & Materials
- 263 Pages
EMI Shielding Materials Market: Increased Demand for Shielding to Drive Growth
The EMI shielding materials market is expected to register robust growth in the near future, thanks to a rising demand for shielding in a wide range of industries. EMI shielding materials are important for protecting the interaction between human beings and electronic devices in a wide variety of ways. The growth of smartphones, GPSs, and drones are expected to increase electromagnetic resonance and radiation in the near future. This can cause widespread environmental damage by blocking signals through which birds communicate. Additionally, for human beings, the electromagnetic radiation and signaling can cause a wide variety of illnesses and disturbances in commercial activity.
For example, in the medical fields, MRI scans often require the EMI shielding materials to provide an accurate scan. The shielding is vital for eliminating the electromagnetic fields, radio waves, and electrostatic fields. Additionally, wide range of materials like paints, metals, conducive coatings, and laminates are expected to enhance and widen application of EMI shielding materials. The widespread availability of smartphones, growing digitalization in various industries, and trends such as automation, which rely on various sensitive sensors are expected to result in significant growth for the EMI shielding materials market.
Telecommunication Industry to Drive Significant Growth
The worldwide expanding telecommunication industry is expected to register significant demand for the EMI shielding materials market in the near future. The industry is growing tremendously, thanks to growing adoption of smartphones world over. Additionally, the falling prices of Android devices, and cost-effective handsets are expected to boost adoption further. Moreover, global players in the telecommunication industry rely on wires, cables, communication towers, server rooms, and electric equipment to transmit and receive signals. These materials and towers require an extensive amount of shielding materials to provide quality data transfers to and from consumers. The rising network of telecommunication worldwide and advent of technologies like 5G are expected to boost the EMI shielding materials market in the near future. The telecommunication industry has risen significantly in the last few years. Moreover, it is expected to do so, in the near future, thanks to growing advancements in materials and digitalization.
Conductive Coatings Segment to Dominate EMI Shielding Materials Market
The EMI shielding materials market is divided into metals, conductive coatings, conductive plastics, and laminates based on materials. Among these, the conductive coatings are expected to register the highest demand. Various types of coatings like acrylic can be useful for providing electrical condusivisity as well as shielding. These provide an advantage while being used on plastics, as they provide anti-static protection, and EMI shielding. These shielding and additional coatings also provide abrasion resistance for surfaces. Moreover, they are highly useful in applications wherein external RF needs to be excluded for exceptional shielding enclosure. These also help attenuate internal radiation emission. Due to widespread application, ability to use individually and in combination, the conductive coatings are expected to dominate growth in the EMI shielding materials market. After conductive coatings, the metal segment is expected to witness the largest traction in the near future.
Asia Pacific and Defense to Drive the EMI Shielding Materials Market
The growth in telecommunications in the EMI shielding materials market is followed by growth in the defense sector. Defense sector deploys a wide range of applications like Satellites which require a high-use of EMI shielding materials. Additionally, due to growing unstability in certain parts of the world, the EMI shielding materials market is expected to see a rise in the use of satellites among others.
Additionally, large manufacturing of electronics in Asia Pacific is expected to drive growth for the market. Countries like Vietnam, Singapore, China, Thailand, and Malaysia are witnessing a robust growth, thanks to electronics manufacturing. Additionally, these products are exported to other countries, bringing in lucrative revenues. Hence, the growth in manufacturing and revenues is likely to result in EMI shielding materials market in the near future.
Rising Use of Smartphones Boosts Prodigious Demand Avenues in the EMI Shielding Materials Market
EMI shielding materials are gaining impetus owing to their key role in protecting the interaction between electronic devices and human beings in numerous ways. With the increased adoption of technological advancements across the globe, there is remarkable growth in the use of GPSs, smartphones, and drones in all worldwide locations. This situation is expected to result into noteworthy growth in electromagnetic resonance and radiation in the upcoming years. This scenario can result into remarkable damage to environment by blocking signals, which are used by birds for communication. This aside, the exposure to electromagnetic radiations and signaling can lead to numerous health issues in human beings and disturbances in commercial activities.
In healthcare sector, the EMI shielding materials play key role in the MRI scans owing to their ability to help in achieving precision in scan. The EMI shielding assists in eliminating the radio waves, electrostatic fields, and electromagnetic fields. Numerous materials such as metals, paints, laminates, and conducive coatings are projected to augment and broaden application of EMI shielding materials.
In recent few years, there is remarkable growth in digitalization across numerous industries. This scenario is generating prodigious demand opportunities for EMI shielding materials. Apart from this, the easy availability of smartphones and various ongoing trends including automation, which depend on numerous sensitive sensors, are some of the key factors fueling the sales opportunities in the EMI shielding materials market.
The recent COVID-19 pandemic is responsible for slowing down the growth of the overall economy of the world. Thus, the global EMI shielding materials market is also not exception to this scenario. The vendors working in the market for EMI shielding materials are facing the issues related to production as well as trading activities. Many industry leaders are growing focus toward the developing strategies to deal with the present critical situation and bounce back in the forthcoming years.
EMI Shielding Materials Market - Overview
Electromagnetic interference (EMI) refers to disturbance in operation of electronic devices due to the presence of electromagnetic field in radio frequency spectrum caused by other electronic devices. EMI shielding can be defined as the action of surrounding electronic devices with materials to guard against such electromagnetic frequencies. EMI shielding is usually done using materials such as laminates, metals, conductive coatings, and conductive plastics.
This report analyzes and forecasts the market for EMI shielding materials at the global and regional level. The market has been forecast based on volume (in tons) and revenue (US$ Mn) from 2018 to 2026, considering 2017 as the base year. The study includes drivers and restraints of the global EMI shielding materials market. It also covers the impact of these drivers and restraints on the demand for EMI shielding materials market during the forecast period. The report also highlights opportunities in the EMI shielding materials market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global EMI shielding materials market. Porter’s Five Forces model has also been included to help understand the competitive landscape in the EMI shielding materials market. The study encompasses market attractiveness analysis, wherein materials and applications are benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the global EMI shielding materials market by segmenting the report based on material, application, and region. In terms of material, the EMI shielding materials market has been classified into conductive coatings, metals, conductive plastics, laminates, and others. Based on application, the EMI shielding materials market has been classified into defense, electronics, automotive, telecommunication, aerospace, and medical. These segments have been analyzed based on present and future trends. The regional segmentation includes current and future demand for EMI shielding materials in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides the actual market size of EMI shielding materials for 2017 and estimated market size for 2018 with forecast for the next eight years. The global market of EMI shielding materials has been provided in terms volume and revenue. Market volume has been defined in tons and revenue in US$ Mn. Market numbers have been estimated based on material and application of EMI shielding materials. Market volume and size have been provided in terms of global, regional, and country level markets.
The report comprises profiles of major companies operating in the global EMI shielding materials market. Key players in the EMI shielding materials market include Laird Technologies, HEICO Corporation, 3M Inc., and Parker Hannifin Corporation. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
- EMI shielding materials are used in a wide range of applications such as automotive, electronics, defense, telecommunications, aerospace, and medical. These provide a coating around the integrated chips to prevent them from being affected by electromagnetic frequencies caused by other devices. Electromagnetic frequencies can also be harmful to human beings.
- In terms of material, the conductive coatings segment dominated the EMI shielding materials market in 2017
- Based on application, the demand for EMI shielding materials in the defense segment was similar to that of the electronics segment in 2017. Over the last few years, the demand for EMI shielding materials has been rising significantly in the defense segment due to innovation and development of new technologies and devices.
- Asia Pacific was a lucrative market for EMI shielding materials in 2017, due to the prevalence of a high number of manufacturing facilities in major economies such as China, Japan, and India
- The cost of EMI shielding materials varies considerably dependent upon the material such as conductive coatings, conductive plastics, laminates, and others
The global EMI shielding materials market has been segmented as follows: