Increase in Electromagnetic Radiation from Electronic Components & the Need to Comply with Stringent EMC Regulations to Support Demand for EMI/RFI Shielding Materials & Technologies
Risk
of electromagnetic pollution caused by the increasing proliferation of
electronic equipment in various industries especially the automobile sector and
the subsequent need to protect equipment from unwanted radio-frequency
interference is poised to drive the global market for EMI and
RFI Shielding Materials and Technologies to reach US$9.1 billion by 2024. The need to comply with
strict environmental and EMC regulations is also driving growth in the market.
Electromagnetic
interference (EMI), also termed radio frequency interference (RFI) when referring
to interference in RF spectrum, is described as a disturbance caused by an
external source, which affects the electrical circuit by conduction,
electromagnetic induction or electrostatic coupling. With electronic systems
becoming increasingly complex, the risk of EMI radiation signals that can cause
degradation, malfunction or interference of equipment continues to grow. Due to
the health risk to humans caused by electromagnetic frequencies and to resolve
other issues attributed to such exposures, the concept of EMI/RFI shielding has
gained ground over the years. In EMI shielding, electronic components and
cables are covered with magnetic or conductive materials to protect them
against emissions attributed to electromagnetic frequencies (EMF). EMI/RFI
shielding technologies and materials are widely used in a range of applications
across telecom, IT, aerospace & defense, and consumer electronics, among
other industries.
The
global market for EMI and RFI materials and technologies is significantly
influenced by the prevailing demand for a variety of electronic devices and
components. The constant increase in the number as well as quality of
electronic components and devices that require EMI/RFI shielding is expected to
fuel growth in the EFI/RFI shielding products market. Also driving growth are
factors such as rising demand for small and powerful electronic devices, the
trend towards miniaturization of electronic components, persistent innovations
in electronic displays and constant increase in chip speeds. The increasing
shift towards wireless technologies across the world, which is
leading to an increase in signals emanating from cellular phones, Bluetooth and
Wi-Fi devices among others, is a prime factor driving growth in the EMI/RFI
shielding market. Since waves interfere with each other, the quality of signals
is adversely impacted, necessitating the use of shielding materials. The
rapidly increasing deployment of 4G/LTE mobile infrastructure network globally
and strict government regulations against electromagnetic interferences in
various industries are fueling EMI-related issues, compelling design engineers
to address these concerns, thus supporting growth in the global EMI shielding
market. One of the major factors fueling growth in the global EMI/RFI
technologies and materials market is the need to comply with mandatory EMC
(electromagnetic compatibility) regulations and strict environmental
legislations.
The
commoditization of and the rising demand for a variety of consumer electronic
devices, expanding applications of electronics in automotive industry, and the
rising popularity of electric vehicles and hybrid electric vehicles are
enhancing the demand for EMI shielding products. The prevalence and
vulnerability of mobile devices like tablets, mobile handsets, laptops and
speakers to EMI has major implications for the EMI shielding market. The
integration of more technology into vehicles requires solutions to ensure
protection from interference. Latest car models come with advanced features
like touch screen controls, dashboard navigation, Bluetooth connectivity and a
number of electronic systems that contribute to EMI. These systems require
effective shielding to ensure proper functioning of the automotive circuitry.
Development and introduction of new electronic devices, and the need for
electronic device manufacturers to ensure that their products comply with EMC
regulations are propelling demand for EMI/RFI shielding materials and
technologies.
As stated by the new market research report on EMI
and RFI Shielding Materials and Technologies, Asia-Pacific represents
the largest regional market, worldwide. Asia-Pacific is also forecast to register
the fastest CAGR of 6.8% over the analysis period, mainly driven by the rapid
pace of developments in consumer electronics, automotive and defense sectors.
The increasing sales of consumer electronic products such as tablets,
smartphones, LEDs, computers, LCDs, and home appliances, the deployment of
advanced cellular infrastructure network and rapid growth of automotive
industry are all contributing towards the increased demand for EMI shielding
products. With countries such as China, India, Korea, and Taiwan emerging as lucrative
markets for consumer electronics products, the EMI shielding market in the
region is poised for growth. Also driving demand for EMI shielding products are
factors such as the increasing utilization of electronic systems in automotive
industry and the shift towards electric vehicles.
Major
players in the market include 3M Company, AI Technology Inc., Chang Gu Chuan
Technology Co. Ltd., Changzhou Pioneer Electronic Co. Ltd., China EMI Shielding
Materials Co. Ltd., Coilcraft Inc., Cybershield Inc., Edogawa Gosei Co. Ltd.,
ETS-Lindgren, Greene Rubber Company, Henkel AG & Company KGaA, Jinan EMI
Shielding Technology Co. Ltd., KITAGAWA INDUSTRIES America Inc., Laird
Technologies Inc., Lonyan Eteng Electronics Co. Ltd., MAJR Products
Corporation, Orion Industries Inc., Parker Hannifin Corporation, PPG Industries
Inc., Schaffner Holding AG, Schlegel Electronic Materials Inc., Systems
Integrators LLC, Tech-Etch Inc., and Zippertubing® Company, among others.
The
research report titled “EMI and RFI Shielding
Materials and Technologies – Market Analysis, Trends, and Forecasts” announced by Global Industry Analysts Inc., provides a
comprehensive review of market trends, issues, drivers, mergers,
acquisitions and other strategic industry activities of global companies. The
report provides market estimates and projections for all major geographic
markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK,
Spain, Russia and Rest of Europe), Asia-Pacific (China, South Korea, Taiwan and
Rest of Asia-Pacific), Middle East & Africa, and Latin America. The report
analyzes the EMI and RFI Shielding Materials and Technologies market by the
Category - Conductive Coatings, Conductive Plastics, Metal Cabinets,
Laminates/Tapes and Others.
For
enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
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