Albany, New York, Dec. 13, 2018 (GLOBE NEWSWIRE) -- The global EMI shielding market is prognosticated to experience strong demand during the forecast period 2017 – 2025, owing to significant rise in demand for consumer electronics product. The market is highly fragmented in nature due to presence of numerous players. Players in the market are spending hefty amount behind research and development activities to manufacture more efficient products. This is likely to lure more consumers thus favoring the market growth. Players are focusing to enhance customer services and product performance to expand their customer base. Market is likely to witness an intense competition among players based on pricing, innovation, and quality. Some of the major players in the market are Omega Shielding Products, Tech-Etch, Inc., ETS-Lingren, Laird Plc, Schaffner Group, and HEICO Corporation.
Request A Sample of Global EMI Shielding Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23681
According to a recent study done by Transparency Market Research, the global EMI shielding market is prognosticated to expand at robust CAGR of 6.1% during the assessed period. The market which was worth at US$5.96 bn in 2016 is envisaged to be valued at US$9.84 bn by the end of the tenure period. On the basis of end-use industries, the market is classified into healthcare, automotive, IT and Telecommunication, aerospace and defense, and consumer electronics. Of these, consumer electronics is expected to hold the majority share in future. On the basis of geography, Asia Pacific is likely to dominate owing to stellar growth in the automotive, consumer electronics and healthcare industry. Improving economic conditions of this region is predicted to favor the region.
Request For Multiple Chapters: https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=23681
Increasing Deployment of 4G/LTE Infrastructure Favors Market Growth
One of the major reasons that is pushing the market to move in the forward direction is the stellar rise in the demand for consumer electronics owing to rise in disposable income and change in lifestyle. Increasing demand for smartphones, laptops, tablets, gaming console, and computers are propelling manufacturers of EMI shielding to increase their production rate to meet the ongoing demand. High demand to factor in radio frequencies and EMI during the initial stage of producing consumer electronics products is aiding the market to reach new heights. Hefty investment by the public and private bodies in the consumer electronics sector is expected to boosts the market growth. Apart from these help provided by government to expand consumer electronics market is a boon for the market. Furthermore, growing deployment of 4G/LTE infrastructure is foreseen to bolster market growth.
Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=23681
High Cost of EMI Shielding to Deter Market Growth
Although the market is experience a steady growth, it is confronted by several restraints which are likely to hamper market growth. Exorbitant cost of EMI shielding is likely to create a major roadblock in the market. Furthermore, stringent rules and regulation implemented on the use of EMI shielding is anticipated to have a negative impact on the market. Nonetheless, high demand for EMI shielding in the automotive industry is envisaged to favor market growth. EMI shielding are extensively used in power windows, remote starters, keyless ignition, automatic sliding doors, and power seats.
Browse Press Release: https://www.transparencymarketresearch.com/pressrelease/emi-shielding-market.htm
The information presented here is based on a TMR report titled “EMI Shielding Market (Material - Conductive Polymers, Conductive Coatings and Paints, Metal Shielding Products, and EMC/EMI Filters; End-use Industry - IT and Telecommunication, Healthcare, Aerospace and Defense, Automotive, and Consumer Electronics) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”
The global EMI shielding market is segmented as presented below:
Global EMI Shielding Market: Material
- Conductive Coatings and Paints
- Conductive Polymers
- EMI/EMC Filters
- Metal Shielding Products
Global EMI Shielding Market: End-use Industry
- IT and Telecommunication
- Healthcare
- Automotive
- Aerospace and Defense
- Consumer Electronics
Browse Chemicals and Materials Market Research Reports
Popular Research Reports by TMR:
- Formaldehyde Market: https://www.transparencymarketresearch.com/formaldehyde-market.html
- Iron oxide Pigments Market: https://www.transparencymarketresearch.com/iron-oxide-pigments-market.html
- Herbicides Market: https://www.transparencymarketresearch.com/herbicides-market.html
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: https://cmfenews.com/