Market Research Report
EMI Shielding Materials - Global Market Outlook (2017-2023)
|Published by||Stratistics Market Research Consulting||Product code||531901|
|Published||Content info||185 Pages
Delivery time: 2-3 business days
|EMI Shielding Materials - Global Market Outlook (2017-2023)|
|Published: June 1, 2017||Content info: 185 Pages||
According to Stratistics MRC, the Global EMI Shielding Materials Market is accounted for $6.47 billion in 2016 and expected to grow at a CAGR of 7.0% to reach $10.45 billion by 2023. Factors such as rising Electric Vehicle (EV) and Hybrid Vehicles, development of the global telecom industry, implementation of EMI shields in all electronic devices are driving the market growth. However, high costs associated with the manufacturing processes of EMI shields and stringent regulatory frameworks are the constraints faced by the market. The demand for next generation electronic circuits will provide remunerative growth prospects for EMI shielding materials.
Conductive Coatings segment is anticipated to show attractive growth due to its properties such as better spreading capacity, and thermal resistance which is an essential for EMI Shielding Materials. Defense and automotive sectors of end user segment are expanding rapidly and are projected to be the leading markets in upcoming years. Asia Pacific is expected to grow at the highest rate during the forecast period owing to the increasing demand for consumer electronic products and development of advanced cellular infrastructure.
Some of the key players in Global EMI Shielding Materials Market are 3M Company, Chang Gu Chuan (CGC) Technology Co., Ltd., Premix, Orion Industries Inc., Greene Rubber Company, Kitagawa Industries Co., Ltd., Parker Hannifin Corp, System Integrators LLC, HEICO Corporation, CGS Technologies, Schaffner Holding and EMI Shielding Materials Company.