Pune, India, May 15, 2019 (GLOBE NEWSWIRE) -- EMI and RFI Shielding Materials Market is poised to touch USD 11,210.81 Mn by 2023 at an Impressive 6.05% CAGR during the Forecast Period (2018-2023), reveals the latest report by Market Research Future (MRFR).
Market Analysis
The rise in demand for the manufacture and design of wirelessly transmitting electronic devices is expanding the EMI and RFI shielding materials market. The need to ensure high efficiency in the operation of electronic equipment is identified as a key driving factor for the EMI and RFI shielding materials market. A report on the EMI and RFI shielding materials market made available by Market Research Future states that the market is expected to expand at a 6.05 % CAGR while making incomes worth USD 11,210.81 million in the forecast period by 2023. The use of shielding materials has escalated markedly due to the surge in electronic equipment globally.
EMI and RFI electrical fields cause hindrance in the functioning of appliances which has led to the improved incorporation of shielding materials to decrease the interference. The expansion of demand for consumer electronics such as home appliances has motivated the progress of the EMI and RFI shielding materials market significantly. Moreover, the intensifying penetration of smartphones has also distinctly impacted the EMI and RFI shielding materials market. The mounting disposable income levels in developing and developed countries is expected to lift the consumer electronics sector and thus aid the expansion of the market for EMI and RFI shielding materials in the approaching period.
Get Free Sample @ https://www.marketresearchfuture.com/sample_request/7687
Key Players and Industry Buzz
The eminent players in the EMI and RFI Shielding Materials Market are Chomerics (U.S.), Schaffner Holding AG (Switzerland), Laird PLC (U.K.), 3M (U.S.), PPG Industries, Inc. (U.S.), MAJR Products (U.S.), Henkel AG & Co. KGaA (Germany), RTP Company (U.S), Tech-Etch, Inc. (U.S.), AI Technology, Inc. (U.S.), Orion Industries Incorporated (U.S.), and Holland Shielding Systems BV (The Netherlands).
May 2019 Dow recently presented its innovative DOWSIL EC-6601 electrically conductive adhesive, a pioneering material engineered for dependable performance and electromagnetic compatibility (EMC) in difficult electrical and electronics uses in the communications, transportation, and consumer markets. The innovative adhesive merges sturdy electromagnetic interference (EMI) shielding capabilities throughout a wider range of frequencies with durable mechanical and conductive properties underlining Dow’s differentiated EMI shielding solutions portfolio growth.
May 2019 Harwin has launched the smallest surface mount EMI/RFI shield clip presently offered in the market. This ultra-compact part, which has a Beryllium Copper structure with Tin over Nickel plating, allows shielding cans with sides of 1mm in length to be tailored so that negligible board real estate is taken up.
Market Segmentation
The segmentation analysis of the EMI and RFI Shielding Materials Market is carried out on the basis of product type, material, region, and end–use. On the basis of Material, the market is segmented into carbon and graphite, metals, mu-metal, plastics and polymer, and conductive elastomers. On the basis of product type, the market is segmented into EMI enclosures, paints and coatings, gaskets, vents and filters, tapes and laminates, and others. On the basis of end-use, the market is segmented into automotive, IT and telecommunications, consumer electronics, medical, defense, and others. The regions included in the EMI and RFI shielding materials market are Latin America, Europe, North America, the Middle East, Asia Pacific, and Africa.
Browse the market data and information spread across 159 pages with 147 data tables and 21 figures of the report “EMI and RFI Shielding Materials Market Report - Forecast 2018-2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/emi-rfi-shielding-materials-market-7687
Regional Analysis EMI and RFI Shielding Materials Market
The regional evaluation of the EMI and RFI Shielding Materials Market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. As per the analysis, the Asia Pacific region possessed a leading 46.88% share in the EMI and RFI Shielding Materials Market in 2017 and is expected to continue its lead in the forecast period owing to the intensifying demand from the consumer electronics industry in the region and the mounting government efforts to grow power grid coverage. Moreover, the North American region held the next position in the EMI and RFI Shielding Materials Market in 2017 due to the huge demand for consumer electronic products. The region is foreseen to exhibit a 5.20% CAGR throughout the forecast period. The development of 5G technology together with an escalating demand for EMI and RFI shielding materials in the aerospace industry is expected to bolster the market growth in the forecast period.
Browse Related Report
Elastomeric Coatings Market by Type (Acrylic, Polyurethane, Silicone), Technology (Water-Borne, Solvent-Borne, Radiation Cured), Application (Wall, Roof, Floor), End Use (Residential, Commercial, and Industrial) and Region till 2023
https://www.marketresearchfuture.com/reports/elastomeric-coating-market-1699
Graphite Market by Form (Amorphous, Synthetic), Application by Form Type [Amorphous (Metallurgy, Pencil Production, Refractories, Coatings, Lubricants), Synthetic (Aerospace, Batteries, Carbon Brushes, Electrodes, Moderator Rods)] and Region- Forecast till 2023
https://www.marketresearchfuture.com/reports/graphite-market-853
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.