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EMI Absorber Sheets and Tiles Market Report Overview
The global EMI absorber sheets & tiles market size was USD 740.8 million in 2021 and market is projected to touch USD 1177.11 million by 2031, exhibiting a CAGR of 4.7% during the forecast period.
A substance that absorbs electromagnetic radiation is known as an EMI absorber. To keep electromagnetic interference (EMI) from leaking out of metal enclosures, these materials are utilised to line the inside. A sheet of conductive foam or metal mesh is the most typical kind of EMI absorber. A sheet of material used to block electromagnetic interference is known as an EMI absorber sheet (EMI). Metals, polymers, and composites are just a few of the materials used to create EMI absorber sheets. They are utilised in many different applications, such as cables, printed circuit boards, and enclosures for electronic equipment. Similar to EMI absorber sheets, EMI absorber tiles are sheets that have been cut into tiles. They are utilised in situations when bigger surfaces, such walls and ceilings, must be covered. The same components are used to make EMI absorber sheets and EMI absorber tiles. In order to lessen the quantity of electronic noise that is released from electronic equipment, materials called EMI absorber sheets and tiles are used to absorb electromagnetic interference (EMI). These materials may be utilised in a range of applications, such as shielding electronic components, enclosures, and cables.
They are commonly produced from a variety of metals, including copper, aluminum, and nickel. The EMI absorber sheets and tiles market share is expanding for a variety of reasons; the desire for electronic device shrinking and the necessity for improved electromagnetic compatibility are the primary drivers of this industry. The quantity of electromagnetic interference that these gadgets produce increases in direct proportion to the number of electronic devices being utilised in daily life. Electronic device malfunctions may result from this interference, which in some circumstances may potentially be dangerous. Electronic equipment is more able to communicate with one another when there is less interference, thanks to EMI absorber sheets and tiles.
COVID-19 Impact: Limitations on lockdown lead to a decline in market sales.
The market for EMI absorber sheets and tiles market growth has been influenced by Covid 19 in a number of ways. The biggest effect has been a decline in demand for these goods as a result of many sectors having to reduce output as a result of the pandemic. As a result, businesses that make these items have seen a decline in sales. Additionally, the pandemic has increased the cost of raw materials as a result of many suppliers being obliged to raise their prices in order to make up for the drop in demand. The profitability of businesses operating in the EMI absorber sheets and tiles sector has been further damaged by this.
Latest Trends
"Demand From Aerospace, Defense, And Automotive Electronics Sectors to Augment Growth"
The industry with the greatest anticipated CAGR throughout the projection period is aerospace and defence. The aerospace & military sector is anticipated to be a major development area for the for EMI absorber sheets & tiles market share due to the usage of these materials in interference and aircraft windows. The market for EMI absorber sheets & tiles in the aerospace & military sector is being driven by the increasing need for aircraft doors, windows, and cabins as well as the expanding need for aircraft composites. One of the main uses for EMI absorber sheets and tiles is automotive electronics. The need for EMI absorber sheets & tiles in the automotive electronics sector is being driven by the rising demand for in-vehicle entertainment and advanced driver assistance systems (ADAS). Due to the rising demand for electric cars, the rising vehicle production, and the rising need for vehicle safety in the automotive electronics sector is also anticipated to fuel the EMI absorber sheets & tiles market size.
As a result of the expanding need for EMI absorber sheets and tiles market across a variety of industries, such as electronics, aircraft, automotive, and the military. For instance, the automotive industry in North America and Europe have made significant investments in R&D projects pertaining to the creation of electric cars. By 2020, the European automotive sector is expected to spend more than €10 billion on the research and development of electric cars, according to the European Association of Automotive Suppliers. The demand for automobiles with lower EMI is anticipated to increase as a result of this expenditure. It is anticipated that the rising demand for electric cars would raise demand for electromagnetic interference goods like EMI absorber sheets & tiles, which will propel the EMI absorber sheets and tiles market growth.
EMI Absorber Sheets and Tiles Market SEGMENTATION
- By type
Depending on EMI absorber sheets & tiles market given are types: Broadband EMI Absorbers, Narrowband EMI Absorbers, Thermal Pads. The Broadband EMI Absorbers type will capture the maximum market share through 2031.
- By Application
The market is divided in communications electronics, consumer electronics, aerospace & defense and other based on application. The global EMI absorber sheets & tiles market players in cover segment like communications electronics will dominate the market share during 2031.
Driving Factors
"Growing Demand For Electronic Devices Is Driving Growth For EMI Absorber Sheets And Tiles Market"
Factor propelling the market expansion for EMI absorber sheets & tiles is the rise in the use of EMI interference goods in the consumer electronics industry. The increased use of electronic equipment in consumer electronics applications can be credited with this. Electronic machinery that can function in challenging environments is needed for the consumer electronics industry. The consumer electronics industry makes use of electromagnetic interference solutions to insulate electronic equipment from hostile environments. The global market for consumer electronics was valued at US$ 1,112.0 billion in 2018 and is projected to reach US$ 1,206.0 billion by 2022, according to the Consumer Electronics Association. The demand for electromagnetic interference goods like EMI absorber sheets & tiles is anticipated to rise as a result of this increase in value, and this is anticipated to fuel the EMI absorber sheets and tiles market size.
"Need For Better Electromagnetic Compatibility In Healthcare Is Driving Market Growth"
Another factor propelling the market expansion for EMI absorber sheets & tiles is the rise in the use of EMI interference goods in the healthcare sector. This is due to an increase in the use of electronic medical devices in clinical settings. Electronic devices that can work in challenging environments are needed for the healthcare industry. The healthcare industry uses electromagnetic interference solutions to shield electronic equipment from hostile environments. The medical devices industry estimates that the global market for healthcare electronics was worth $51.3 billion in 2018 and will grow to $86.3 billion by 2025. The demand for electromagnetic interference goods like EMI absorber sheets & tiles is anticipated to rise as a result of this increase in value, and this is anticipated to fuel the EMI absorber sheets and tiles market share.
Restraining Factors
"High Cost Of Raw Materials And The Strict Environmental Restrictions Are The Primary Market Constraints"
Copper and aluminum foams, aluminum powder, ferrites, and conductive polymers are the main raw materials utilised in the production of EMI absorber sheets and tiles. The price of these raw materials has a significant impact on the market as a whole. There are a relatively small number of corporations that produce raw materials, and they have the ability to set pricing. The price of the goods is also influenced by the US dollar's exchange rate with other currencies. The price of raw materials has increased due to the strengthening of the US currency. The strict environmental rules are another aspect that has an impact on the market for EMI absorber sheets and tiles. Certain chemicals used in the production process might have a negative impact on the environment. The use of these compounds is subject to rigorous rules enforced by the government. Due of this, manufacturing is now more expensive, and several industrial facilities have had to close.
EMI Absorber Sheets and Tiles Market Regional Insights
"Asia Pacific to dominate the global market share"
The market for EMI absorber sheets and tiles in the Asia Pacific region is anticipated to expand most during the projected period of 2022-2028. The consumer electronics and automotive sectors' growing need for these items is what is driving the market. The presence of several manufacturers in the area also helps to drive the industry. The primary end-user of these items in the Asia-Pacific region is the consumer electronics sector. The second-largest end-user of EMI absorber sheets and tiles in the Asia-Pacific area is the automobile industry. The existence of several producers of these goods also contributes to the region's market growth. Laird Technologies, Schaffner, Parker Chomerics, TECOM, EMI Systems, and 3M are the market leaders for EMI absorber sheets and tiles in the Asia Pacific region. To fulfil the growing demand for these items from end consumers, these firms are working to create new products and increase their manufacturing capabilities.
The military & defence, aerospace, and other sectors of the economy are driving up demand for EMI absorber sheets and tiles in North America. The consumer electronics and telecommunications sectors' rising need for these goods is another factor driving the market. The growing demand for these goods from the automotive industry is fueling the growth of the North American EMI Absorber sheet & tile market. The government's attempts to encourage the usage of these items are also helping the market.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
LIST OF TOP EMI Absorber Sheets & Tiles COMPANIES
- NEC-Tokin (KEMET) (Japan)
- 3M (U.S.)
- TDK (Japan)
- Laird Technologies (U.S.)
- Fair-Rite (U.S.)
- Vacuumschmelze (Germany)
- Arc Technologies (U.S.)
- Molex (U.S.)
- API Delevan (U.S.)
- Leader Tech (U.S.)
- Mast Technologies (U.S.)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 740.8 Million in 2021 |
Market Size Value By |
US$ 1177.11 Million by 2031 |
Growth Rate |
CAGR of 4.7% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global EMI absorber sheets & tiles market expected to touch by 2031?
The global EMI absorber sheets & tiles market is expected to touch USD 1177.11 million by 2031.
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What CAGR is the EMI absorber sheets & tiles market expected to exhibit during period 2031?
The EMI absorber sheets & tiles market is expected to exhibit a CAGR of 4.7% over forecast period 2031.
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Which are the driving factors of the EMI absorber sheets & tiles market?
growing demand for electronic devices and need for better electromagnetic compatibility in healthcare are the driving factors of the EMI absorber sheets & tiles market.
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Which are the top companies operating in the EMI absorber sheets & tiles market?
NEC-Tokin (KEMET), 3M, TDK, Laird Technologies, Fair-Rite are some of the top companies operating in the EMI absorber sheets & tiles market.