Widespread Use Across Plethora of Applications to Bring Exceptional Growth Opportunities for EMI Shielding Market, 7.2% CAGR Between 2019 and 2027: TMR

Widespread Use Across Plethora of Applications to Bring Exceptional Growth Opportunities for EMI Shielding Market, 7.2% CAGR Between 2019 and 2027: TMR

PR Newswire

ALBANY, New York, July 20, 2020

- The benefits of EMI shielding such as enhanced safety and operation efficiency to the end user may assist greatly in increasing the growth rate of the global EMI shielding market

- Asia Pacific and North America may serve as a prominent growth contributing regions for the EMI shielding market during the forecast period

ALBANY, New York, July 20, 2020 /PRNewswire/ -- The increasing demand for consumer electronics and the booming automobile sector may serve as prominent growth generating factors for the global EMI shielding market. Furthermore, the ongoing innovations in particle-filled elastomers and silicone compounding may help the EMI shielding market to penetrate across untapped applications due to extended benefits.

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Considering the aforementioned growth factors, the researchers at Transparency Market Research (TMR) predict the global EMI shielding market to expand at a CAGR of 7.2% during the forecast period of 2019 to 2017. The global EMI shielding market was valued at US$ 6.3 bn in 2018 and is estimated to reach US$ 11.4 bn by 2027.

EMI shielding has gained considerable traction in the electronics industry. A string of factors such as novel technological advancements and frequent product launches may bring immense growth opportunities for the EMI shielding market from 2019 to 2027. The large-scale usage of varied EMI shielding materials in diverse applications may further encourage the growth of the EMI shielding market.

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EMI Shielding Market: Key Findings

Explore 172 pages of in-depth research, incisive insights, and detailed country-level projections. Analyze and discover the latest developments in the EMI Shielding Market (Material Type: Conductive Polymers, Conductive Coatings and Paints, Metal Shielding Products, and EMI/EMC Filters; and End-use Industry: Telecommunication and IT, Healthcare, Aerospace and Defense, Automotive, and Consumer Electronics) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/pressrelease/emi-shielding-market.htm

EMI Shielding Market: Growth Prospects

Technological innovations in the field of consumer electronics coupled with the booming automobile sector may invite tremendous growth opportunities for the EMI shielding market across the forecast period.

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EMI Shielding Market: Growth Dampeners

Stringent rules and regulations imposed by the European Union and other countries regarding the restriction of electromagnetic radiations from electronic devices may prove to be a major obstacle for producing advanced electronic devices. This, in turn, will indirectly prove to be a growth obstacle for the EMI shielding market. The high cost of EMI shielding process equipment may clip the wings of growth of the EMI shielding market.

EMI Shielding Market: Prominent Participants

Some well-established players in the EMI shielding market are 3M, Chomerics, Omega Shielding Products, Schaffner Group, ETS-Lindgren, HEICO Corporation, RTP Company, Laird PLC, and Tech-Etch, Inc.

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Global EMI Shielding Market: Segmentation

By Material Type

By End-use Industry

By Region

Explore Transparency Market Research's award-winning coverage of the global Chemicals and Materials Industry,

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