BOSTON, Feb. 16, 2024 /PRNewswire/ — Embracing a synergy of cutting-edge technologies like drones, AI, IoT, machine learning, and electronic vehicles, our surroundings are evolving. With advancements in 4G and 5G networks and government regulations mitigating environmental electromagnetic radiation, this research heralds a transformative era for electronic items.
Boston: “According to the latest BCC Research study, the demand for EMI/RFI: Materials and Technologies is estimated to increase from $7.4 billion in 2023 to reach $9.2 billion by 2028, at a compound annual growth rate (CAGR) of 4.6% from 2023 through 2028.”
This comprehensive report delves into the dynamic landscape of the EMI/RFI materials and technologies market, meticulously segmenting it based on shielding methods and regions. Offering insights from 2022 as the baseline, the analysis spans the forecast period from 2023 to 2028. With a focus on conductive coatings, metal cabinets, conductive plastics, laminates/tapes/foils, and miscellaneous shielding methods across North America, Europe, and Asia-Pacific, the report meticulously identifies and assesses technologies impacting plastics and other materials. In addition, it elucidates trends in electronics, medical, automotive, and consumer product industries, exploring components, devices, key market players, regulatory standards, and environmental considerations. This comprehensive study not only dissects the current state of the industry but also anticipates future technological advancements, providing a holistic view of the market dynamics, challenges, opportunities, and emerging trends.
As the proliferation of 5G technology expands, addressing electromagnetic interference (EMI) issues has taken on unprecedented significance. Key players in the global EMI RFI shielding technologies market strategically emphasized new product launches as a major developmental initiative. With electronic warfare threats escalating, encompassing tactics like deception, radar jamming, and electromagnetic pulse (EMP) attacks, the imperative for robust EMI and RFI shielding solutions has never been more pressing. Metal cabinets and conductive coatings emerge as pivotal components in EMI shields, with the latter gaining prominence due to its superior features, notably excellent heat conductivity. In this evolving landscape, the relentless pursuit of enhanced EMI and RFI safety stands as a critical response to the dynamic challenges posed by the advancement of 5G technology and the escalating threats in electronic warfare scenarios.
Key Drivers of EMI/RFI: Materials and Technologies
Advancement of Telecom Networks Boosts EMI/RFI Shielding Demand: With the telecom industry transitioning to 5G and LTE networks, there is a heightened need for EMI/RFI shielding solutions. These ensure the reliability and performance of wireless devices and infrastructure by preventing interference from electromagnetic and radio frequency sources, including cell towers, satellites, and routers.
Tailored EMI/RFI Shielding Solutions for Defense and Aerospace: The defense and aerospace sectors necessitate top-tier EMI/RFI shielding solutions to safeguard sensitive electronic equipment from both external and internal interference. These shielding measures enhance the security, accuracy, and functionality of military and aerospace applications, such as radars, communication systems, navigation systems, and weapons systems.
Surging Demand for EMI/RFI Protection in Medical Devices: With the increasing reliance on electronic devices in the medical industry, there is a growing demand for EMI/RFI shielding to ensure the uninterrupted performance and safety of medical devices and equipment. Shielding helps prevent interference from other electronic devices, such as smartphones, laptops, and MRI machines, which could impact critical medical equipment like pacemakers, defibrillators, and ventilators.
EMI/RFI Shielding for the Electric Vehicle Era: The automotive industry is witnessing a surge in the adoption of electric vehicles and a corresponding increase in electronic content per vehicle. EMI/RFI shielding plays a crucial role in minimizing noise and interference from electronic systems and components, including batteries, motors, sensors, and controllers. This shielding also guards against external sources like power lines and radio stations, ensuring the smooth operation and efficiency of electric vehicles.
Request a Sample Copy of the EMI/RFI: Materials and Technologies report.
Report Synopsis
Report Metrics |
Details |
Base year considered |
2022 |
Forecast Period considered |
2023-2028 |
Base year market size |
$7.2 billion |
Market Size Forecast |
$9.2 billion |
Growth Rate |
CAGR of 4.6% for the forecast period of 2023-2028 |
Segment Covered |
Method, Region |
Regions covered |
North America, Europe, Asia-Pacific |
Key Market Drivers |
• Advancement of Telecom Networks Will Increase EMI/RFI Shielding Demand • EMI/RFI Shielding Solutions for Defense and Aerospace Applications • Rising Demand for EMI/RFI Protection for Medical Devices and Equipment • Rising Adoption of Electric Vehicles and Increasing Percentage of Electronic Content per Vehicle |
EMI/RFI: Materials and Technologies Segmentation:
Shielding Methods in EMI/RFI Materials and Technologies
In examining the landscape of EMI/RFI materials and technologies, a crucial criterion involves the categorization based on the shielding method deployed to block or attenuate interference signals. The market is segmented into five distinct shielding methods, each with its unique set of advantages and disadvantages: conductive coatings, metal cabinets, conductive plastics, laminates/tapes/foils, and miscellaneous solutions. The efficacy of these methods varies depending on factors such as application-specific requirements, cost considerations, performance expectations, and environmental impact. This comprehensive approach enables stakeholders to make informed decisions tailored to their specific needs.
Regional Dynamics in the EMI/RFI Materials and Technologies Market
Another pivotal criterion for analyzing the EMI/RFI materials and technologies market is the geographical distribution of demand and supply. The report delves into three major regions—North America, Europe, and Asia-Pacific—each exhibiting distinct market drivers, challenges, opportunities, and trends. The dynamics in these regions are influenced by factors such as the level of industrialization, urbanization trends, innovation, regulatory frameworks, and evolving consumer preferences. Understanding these regional nuances is paramount for businesses aiming to navigate the intricacies of the EMI/RFI materials and technologies market and capitalize on emerging opportunities.
This report on EMI/RFI: Materials and Technologies provides comprehensive insights and analysis, addressing the following key questions:
1. What is the projected market size and growth rate of the EMI RFI: Materials and Technologies Market?
Market for EMI RFI: Materials and Technologies is valued at $7.4 billion in 2023 and will reach $9.2 billion by 2028, growing at a CAGR of 4.6% from 2023 to 2028.
2. What are the key factors driving the growth of the global EMI RFI: Materials and Technologies Market?
- Telecom Network Development Will fuel the EMI Shielding Market
- Rise in Adaptation of Electric Vehicles and Increasing Percentage of Electronic Content Per Vehicle
3. By method, which segment will dominate the market by the end of 2028?
Conductive coatings will dominate the market in 2028. Conductive coatings and paints have become a popular choice due to their advantages over competing methods, particularly in high-volume applications where cost is a primary concern.
4. Which region has the highest market share in the EMI RFI: Materials and Technologies Market?
Asia-Pacific has the highest share of the market in terms of region.
Some of the Key Market Players Are:
- 3M
- CTS CORP.
- THE DOW CHEMICAL CO.
- DUPONT DE NEMOURS INC.
- HENKEL AG & CO. KGAA
- LEADER TECH INC.
- PARKER HANNIFIN CORP.
- PPG INDUSTRIES INC.
- RTP CO.
- SCHAFFNER HOLDING AG
- AD-VANCE MAGNETICS
- A.K. STAMPING CO. INC.
- ALCO TECHNOLOGIES
- AMUNEAL MANUFACTURING CORP.
- CHANG GU CHUAN TECHNOLOGY CO. LTD.
- CHANGZHOU PIONEER ELECTRONIC CO. LTD.
- CHINA EMI SHIELDING MATERIALS CO. LTD.
- COILCRAFT INC.
- CYBERSHIELD INC.
- ELASTOMERIC SPECIALTIES INC.
- SWIFT TEXTILE METALIZING LLC
- TDK RF SOLUTIONS INC.
- TECH-ETCH INC.
- THRUST INDUSTRIES
- VTI VACUUM TECHNOLOGIES
- THE ZIPPERTUBING CO.
Directly Purchase a copy of the report with BCC Research.
For further information or to make a purchase, please get in touch with [email protected].
About BCC Research
BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.
Contact Us
Corporate HQ: BCC Research LLC, 49 Walnut Park, Building 2, Wellesley, MA 02481, USA
Email: [email protected],
Phone: +1 781-489-7301
For media inquiries, email [email protected] or visit our media page for access to our market research library.
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.
Logo: https://mma.prnewswire.com/media/2183242/BCC_Research_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/emirfi-materials-and-technologies—a-comprehensive-market-analysis-by-bcc-research-302063989.html
SOURCE BCC Research LLC
Featured image: DepositPhotos © Violetkaipa