The Europe EMI Shielding Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
Every day, the business sector is flooded with new developments that are intended to make lives easier. Unless properly insulated, this assortment of electrical devices has the possibility of damaging and interfering with each other. The objective of EMI shielding is to isolate a device's energy so that it does not harm its surroundings and to prevent external energy from striking. Every modern electronic piece of equipment emits electromagnetic radiation and has no resistance to electromagnetic interference.
Understanding the nature of EMI makes it evident that it can have a variety of effects on its surroundings. It can impact devices in contact, in close vicinity without contact, and even at great distances. In addition to disturbances generated by electrical transmission and distribution networks and natural occurrences, such as lightning strikes and solar flares, the increased use of electronics for data processing and communication contributes significantly to the contamination of the electromagnetic wave spectrum as the information age advances.
EMI shielding is one of the ways used to achieve EMC, along with grounding, filtering, and bonding. This entails designing enclosures with the proper material, structure, and shape to alter the course of the majority of unwanted electromagnetic radiation entering or leaving the equipment. By absorbing or rebounding the electromagnetic wave via conductive or ferromagnetic materials, the direction is adjusted. Electromagnetic waves are composed of electric and magnetic components. They are perpendicular to each other and travel at the same frequency.
With over 18,000 businesses, the United Kingdom is the largest market in Europe for high-end consumer electronics. HD televisions, DVD players and Blu-Ray, MP3 players, mobile phones, as well as game consoles are among the products developed. The United Kingdom is one of the five largest automotive manufacturing nations in Europe, producing around 1 million vehicles and 2 million engines annually. Owing to the prevalence of major automotive as well as consumer electronics markets throughout the region, the integration of EMI shielding is increasing unprecedently. Hence, this factor is driving the growth of the regional EMI shielding market.
The Germany market dominated the Europe EMI Shielding Market by Country in 2021; thereby, achieving a market value of $557 million by 2028. The UK market is exhibiting a CAGR of 4.4% during (2022 - 2028). Additionally, The France market would experience a CAGR of 6% during (2022 - 2028).
Based on Material, the market is segmented into Conductive Coatings & Paints, Conductive Polymers, Metal Shielding, EMI/EMC Filters and EMI Shielding Tapes & Laminates. Based on Methods, the market is segmented into Radiation and Conduction. Based on Industry, the market is segmented into Consumer Electronics, Automotive, Telecom & IT, Healthcare, Aerospace and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global EMI Shielding Market will Hit $9.2 Billion by 2028, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, PPG Industries, Inc., Parker Hannifin Corporation, Laird Technologies, Inc. (Dupont De Nemours, Inc.), Henkel AG & Company, KGaA, Schaffner Holding AG, Leader Tech, Inc. (HEICO Corporation), Nolato AB, RTP Company, Inc. and MG Chemicals .
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