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FPC EMI Shielding Market REPORT OVERVIEW
The global fpc emi shielding market size was valued at USD 0.31 billion in 2023 and is projected to grow from USD 0.33 billion in 2024 to USD 0.55 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period. Asia-Pacific holds leading position in fpc emi shielding market share in 2023.
FPC in order to offer electromagnetic interference (EMI) shielding, flexible printed circuit (FPC) materials and methods are used. FPCs are flexible, thin, and lightweight circuits that are frequently utilized in a variety of electronic devices where weight and space considerations are important. To avoid electromagnetic interference, which can impair the proper operation of electronic parts or devices, EMI shielding is crucial in electronics. Radio frequency interference (RFI), electromagnetic pulses (EMP), and electromagnetic radiation from other electronic equipment are some of the origins of EMI.
It may impede the signals, affect performance, or even harm delicate electronic components. To lessen the impacts of EMI, FPCs can be designed with shielding components or structures included right into the design. Shielding components in FPCs are frequently conductive and have the ability to deflect or block electromagnetic waves. Metal foils, conductive coatings, and conductive adhesives are a few examples of these materials. Depending on the particular needs of the application, different shielding strategies may be used.
COVID-19 Impact: Industry Shutdown Causes Market Distortion
The global COVID-19 pandemic has been unprecedented and staggering, with fpc emi shielding industry experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Manufacturers of semiconductors and electronics experienced issues as a result of the COVID-19 outbreak, including unstable markets, a decline in consumer confidence, and issues with import and export trade. The global supply chain includes the sourcing of raw materials, packaging, and distribution. Moving commodities, labels, and other items has become challenging as a result of lockdowns. The markets for semiconductors were affected financially in addition to having an immediate impact on markets, supply chains, supply and demand, and all of these other things. To address this urgent situation, manufacturers of semiconductors and electronics are focusing on securing their staff, operational procedures, and supply chains. The pandemic altered the dynamics of the industry, compelling organizations to redesign every aspect of their operational frameworks in order to preserve stability amidst the disturbances. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall semiconductors and electronics industry. This has partially impacted the fpc emi shielding industry.
LATEST TRENDS
"Miniaturization to Boost the Market Growth"
The primary trend that is continually growing in the FPC EMI shielding business is the requirement for miniaturization. In many different industries, there is an increasing market need for electrical gadgets that are more compact and smaller. Devices that are portable, space-saving, and light are sought after by both consumers and manufacturers. FPCs have a thin and flexible form factor, which makes them perfect for applications requiring small size. The development of EMI shielding systems that can fit into compact, wearable form factors has been made necessary by the proliferation of wearable technology, including as smartwatches, fitness trackers, and medical equipment. The ability to miniaturize electronic components while retaining performance and lowering interference is made possible by FPCs with integrated EMI shielding capabilities. Thus, a key trend that is opening up potential for the industry to grow is the increased requirement for miniaturization. These new developments are mostly to blame for the market's overall growth.
FPC EMI Shielding Market SEGMENTATION
By Types
Based on type, the market is classified into conductive adhesive type, metal alloy type & metal microneedle type.
By Application
Based on the market is categorized into single-sided circuit, double-sided circuit, multi-layer circuit & rigid-flex circuit.
DRIVING FACTORS
"Electronic Devices that Give the Market Extra Boost"
The increasing demand for electronic devices is a significant driving factor in the FPC EMI shielding industry. Due to reasons like rising disposable income, technical breakthroughs, and shifting consumer lifestyles, the consumer electronics business is growing quickly. Electronics including smartphones, tablets, laptops, smartwatches, and household appliances are in high demand. To guarantee appropriate performance and avoid interference from other electronic devices, these devices require efficient EMI shielding. Several industries, including healthcare, automotive, smart homes, industrial automation, and others are being transformed by the Internet of Things (IoT). IoT devices must have smooth connectivity and dependable performance because they are networked and produce enormous volumes of data. Solutions for these shielding are essential for reducing electromagnetic interference and preserving the signal integrity of IoT devices. All these factors enhance the sales of the market. As a result, the growth, and the increasing demand for electronics devices will boost the market. It will contribute to the expansion of the semiconductor & electronic industry and it will improve the overall fpc emi shielding market growth.
"Technological Advancement to Encourage Market Expansion"
The expansion and growth of the entire market are being driven by the quick development of technology. As a result of technological improvement, advanced materials with better EMI shielding properties have been created. New materials like conductive polymers, carbon nanotubes, and graphene are replacing or enhancing conventional materials like copper and aluminum. These materials are suitable for FPC applications because they have improved conductivity, flexibility, and weight characteristics. Innovative manufacturing methods for FPC EMI shielding have also been made possible by technological breakthroughs. Using cutting-edge printing techniques like inkjet printing and additive manufacturing, conductive materials may be deposited in exact patterns on flexible substrates. For creating EMI shielding layers on FPCs, these methods offer more efficiency, cost effectiveness, and customizability options. As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, above mentioned factors will help the market to boost.
RESTRAINING FACTORS
"High Cost to Impede Market Expansion"
The market is being hampered by excessive costs. Solutions for FPC can be more expensive than conventional shielding techniques. The expense of the materials, manufacturing procedures, and specialized equipment needed for FPC EMI shielding can be a major obstacle to wider adoption, especially for applications where cost is an important factor. This obstacle prevents the market from growing. These limitations limit the market's overall growth. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.
FPC EMI Shielding Market REGIONAL INSIGHTS
"North America Dominating the Market Across the Globe"
The market for fpc emi shielding in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the fpc emi shielding market share is the growing demand of product use in single-sided circuit, double-sided circuit, multi-layer circuit & rigid-flex circuit is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.
KEY INDUSTRY PLAYERS
"Leading Manufacturers to Boost Product Demand"
Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.
LIST OF TOP FPC EMI SHIELDING COMPANIES
- KNQ Technology (U.S.)
- Toyochem (Japan)
- TATSUTA Electric Wire and Cable (Japan)
REPORT COVERAGE
The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost fpc emi shielding industry share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 0.31 Billion in 2023 |
Market Size Value By |
US$ 0.55 Billion by 2032 |
Growth Rate |
CAGR of 6.4% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Types
|
|
By Application
|
Frequently Asked Questions
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What value is the fpc emi shielding market expected to touch by 2032?
The global fpc emi shielding market size was valued at USD 0.31 billion in 2023 and is projected to grow from USD 0.33 billion in 2024 to USD 0.55 billion by 2032.
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What CAGR is the fpc emi shielding market expected to exhibit by 2032?
The fpc emi shielding market is expected to exhibit a CAGR of 6.4% by 2032.
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Which are the driving factors of the emi shielding market?
Electronic devices that give the market extra boost & technological advancement to encourage market expansion.
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What is the restraining factor of the emi shielding market?
High cost to impede market expansion.