( PR4US.com | Press Release | 2017-02-27 22:43:45 )
According to the latest research news, the EMI shielding market is expected to be valued at USD 7.38 Billion by 2022, growing at a CAGR of 5.68% between 2017 and 2022. The factors that are driving the growth of the market include the acceleration in the deployment of 4G/LTE infrastructure worldwide, stringent EMI regulations, and increasing deployment of electronics systems in the automotive.
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The acceleration in the deployment of 4G/LTE cellular infrastructure worldwide and stringent EMI regulations are the key influencing factors on the growth of the market. The base year considered for study is 2016, and the forecast period is between 2017 and 2022.
The main objective of the above report (pdf) is to provide a detailed analysis of the market based on component, method, industry, and geography. The report provides detailed information regarding the major factors influencing the growth of this market.
The conductive coatings and paints segment held the largest market share in 2016. EMI shielding for non-metal surfaces is provided by the conductive coatings and paints. Silver, nickel, graphite, silver-coated copper, and many other materials are used as the fillers in conductive coatings and paints.
The radiation method held the largest share of the EMI shielding market in 2016. OEMs/ODMs largely deal with the radiation of electronic devices since these devices are more prone to it. Various EMI shielding components such as EMI shielding tapes, conductive coatings and paints, metal shielding products, conductive elastomers, and conductive plastic are used to control the radiated EMI.
The consumer electronics industry held the largest share of the EMI shielding market in 2016 owing to the proliferation of consumer electronic devices, inclusion of new product categories, and firm EMI shielding regulations. The manufacturers of the consumer electronics devices solve EMI shielding problem at the design stage. Moreover, Apple Inc. is likely to protect every chip by EMI shielding to enhance the performance of its upcoming devices.
The market in Asia Pacific is expected to grow at the highest rate between 2017 and 2022 owing to the factors such as increasing demand for consumer electronic products such as smartphones, tablets, and home appliances, and development of advanced cellular infrastructure.
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