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EMI AND RFI MATERIAL MARKET REPORT OVERVIEW
global emi and rfi material market size was USD 6330.7 million in 2020 and market is projected to touch USD 18245.30 million by 2032 at CAGR 9.2% during the forecast period.
EMI (Electromagnetic Interference) and RFI (Radio-Frequency Interference) materials are designed to mitigate or prevent interference caused by electromagnetic or radio-frequency signals. These materials are commonly used in electronic devices, systems, and enclosures to ensure proper functioning and compliance with electromagnetic compatibility (EMC) standards. These materials are used to prevent unwanted electromagnetic emissions or to shield sensitive electronic devices from external interference.
The EMI and RFI material market is influenced by factors such as the growing use of electronic devices, increasing electromagnetic pollution, the need for reliable performance in sensitive applications, increasing wireless communication technologies, and the need for reliable electromagnetic compatibility (EMC) in various applications. The market is expected to evolve with advancements in materials science and technology.
COVID-19 Impact: Market Growth Hampered by Pandemic due to Supply Chain Disruptions
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The electronics industry relies on complex global supply chains. The pandemic has led to disruptions in the production and transportation of materials and components, affecting the timely delivery of products. Changes in consumer behavior, such as increased demand for remote work and entertainment solutions influenced the types and quantities of electronic devices being produced. This, in turn, could impact the demand for EMI and RFI materials. The pandemic affectes the enforcement and development of regulations and standards related to electromagnetic compatibility. Changes in government priorities and resources could impact how these regulations are implemented.
LATEST TRENDS
"Increasing Demand for EMI/RFI Shielding to Drive Market Growth"
As electronic devices become more prevalent in various industries, there is a growing demand for materials that can effectively shield against electromagnetic and radio-frequency interference. This is particularly important in applications such as automotive, telecommunications, medical devices, and consumer electronics. The development of advanced conductive materials plays a crucial role in EMI RFI material shielding. Materials such as conductive polymers, metal-coated fabrics, and nanomaterials are continually being researched and implemented to enhance shielding effectiveness while maintaining lightweight and flexible properties. With the increasing use of wireless technologies, there is a need for materials that can provide efficient RF shielding. This is especially relevant in applications like 5G networks, where high-frequency signals need to be managed to prevent interference. As electronic devices become more compact, the integration of EMI/RFI shielding directly into printed circuit boards (PCBs) is a trend. This involves using materials with inherent shielding properties in the PCB manufacturing process.
EMI AND RFI MATERIAL MARKET SEGMENTATION
- By Type
Based on type the global market can be categorized into High Polymer EMI RFI Materials, Metal EMI RFI Materials.
High Polymer EMI RFI Materials: These materials are often composed of a polymer matrix with added conductive fillers or additives to enhance their EMI RFI shielding properties. Examples include carbon-filled polymers and conductive elastomers.
Metal EMI RFI Materials: Thin metal foils, such as aluminum or copper, are commonly used for EMI RFI shielding. They can be easily applied to surfaces or incorporated into materials to create a conductive barrier.
- By Application
Based on application the global market can be categorized into Communication, Consumer Electronics, Defense and Aviation, Others.
Communication: EMI and RFI materials are used in the construction of antennas, base stations, and other communication infrastructure components to prevent interference.
Consumer Electronics: Smartphones, tablets, and other portable devices incorporate EMI RFI materials to prevent electromagnetic interference and maintain signal quality.
Defense and Aviation: Military applications, such as radar systems and communication equipment, rely on EMI RFI shielding to ensure the reliability and security of the systems. Aircraft avionics, including navigation, communication, and surveillance systems, use EMI RFI shielding to meet regulatory requirements and ensure safe and reliable operation
Others: Equipment such as MRI machines and other medical devices use EMI RFI materials to ensure accurate operation and prevent interference with other electronic equipment. EMI/RFI shielding is employed in industrial automation systems to prevent electromagnetic interference that could disrupt the operation of control systems.
DRIVING FACTORS
"Increasing Electronic Device Usage to Boost the Market"
The growing reliance on electronic devices in various industries such as telecommunications, automotive, aerospace, and healthcare has led to EMI and RFI material market growth. As electronic devices become more compact and integrated, the need for effective electromagnetic shielding also rises. With the proliferation of electronic devices and wireless communication systems, the electromagnetic environment has become more polluted. EMI and RFI materials are essential for minimizing interference and maintaining the performance of sensitive electronic components. Governments and regulatory bodies around the world are implementing stringent Electromagnetic Compatibility (EMC) regulations to ensure that electronic devices operate harmoniously without causing interference. Compliance with these regulations drives the adoption of EMI and RFI materials in the design and manufacturing of electronic products. The aerospace and defense sector relies heavily on EMI and RFI materials to protect critical electronic systems from external interference and ensure the reliable operation of communication and navigation equipment.
"Advancements in 5G Technology to Expand the Market"
The deployment of 5G technology requires enhanced EMI and RFI shielding materials to manage the increased frequency bands and data rates. As 5G networks continue to expand globally, the demand for materials with improved electromagnetic compatibility characteristics is expected to rise. The automotive industry is experiencing a surge in the integration of electronic systems for advanced driver assistance systems (ADAS), infotainment, and electric vehicles. This trend boosts the demand for EMI and RFI materials to ensure reliable performance and compliance with EMC standards in automotive electronics. As electronic components continue to shrink in size, the risk of electromagnetic interference between components increases. EMI and RFI materials help address these challenges by providing effective shielding solutions without compromising the miniaturization trends in electronics.
RESTRAINING FACTORS
"High Costs to Impede Market Growth"
EMI and RFI materials can sometimes be expensive. High material costs can limit widespread adoption, especially for budget-sensitive applications or industries. Developing effective EMI and RFI shielding materials with the right balance of properties, such as conductivity, flexibility, and durability, can be technically challenging. Advancements in technology are required to overcome these challenges.
EMI AND RFI MATERIAL MARKET REGIONAL INSIGHTS
"Asia Pacific to Dominate in the Market due to Presence of a Large Consumer Base"
Asia Pacific has emerged as the most dominant region in the global EMI and RFI material market share due to several factors. This region, particularly countries like China, Japan, South Korea, and Taiwan, is a major hub for electronics manufacturing. The growing demand for consumer electronics and the expansion of the telecommunications sector contribute to the market's growth in this region.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through Innovation and Market Expansion"
The EMI and RFI material market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in EMI and RFI material, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.
LIST OF TOP EMI AND RFI MATERIAL COMPANIES
- Henkel (Germany)
- 3M (U.S.)
- H.B. Fuller (U.S.)
- Parker (U.S.)
- DOW (U.S.)
- Laird (U.K.)
- TOKIN Corporation (Japan)
INDUSTRIAL DEVELOPMENT
November 2020: PPG Industries will launch PPG TESLIN EMI/RF (electromagnetic interference/radio-frequency) shielding material for electronic passports (e-passports) and other electronic security papers in November 2020. This EMI shielding material provides improved RF shielding.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 6330.7 Million in 2020 |
Market Size Value By |
US$ 18245.3 Million by 2032 |
Growth Rate |
CAGR of 9.2% from 2020 to 2032 |
Forecast Period |
2024-2032 |
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 EMI and RFI material market expected to touch by 2032?
The global EMI and RFI material market is expected to reach USD 18245.30 million by 2032.
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What CAGR is the EMI and RFI material market expected to exhibit by 2032?
The EMI and RFI material market is expected to exhibit a CAGR of 9.2% by 2032.
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Which are the driving factors of the EMI and RFI material market?
Increasing electronic device usage, rising electromagnetic pollution and growth in automotive electronics are some of the driving factors of the EMI and RFI Material market.
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What are the key EMI and RFI material market segments?
The key market segmentation that you should be aware of, which include, Based on type the EMI and RFI material market is classified as High Polymer EMI RFI Materials, Metal EMI RFI Materials. Based on application the EMI and RFI material market is classified as Communication, Consumer Electronics, Defense and Aviation, Others.