Electromagnetic shielding is typically applied to enclosures to isolate electrical devices from their surroundings space by blocking the field with barriers made of conductive or magnetic materials. Electromagnetic interference (EMI) can disrupt electronic devices, equipment, and systems that are used in critical applications like healthcare, military, aerospace etc. Silicone based electromagnetic shielding are gaining major traction due to elastomeric nature which provide ease of fabrication in gasket form, resistant to sunlight & water and wide range of operating temperature.
Major drivers to silicone electromagnetic shielding market is acceleration in the deployment of 4G/LTE infrastructure and growth in the sale of consumer electronics like mobile, tablets etc. As per India Brand Equity Foundation report 2018, current India’s mobile subscriber stand at 560 million in 2018 and expected to reach 1.42 billion by 2024 in which 1 billion would be smartphone users and about 80% among them is expected to use 4G/LTE network.
Growing applications of electronics component in automobile is also the major growth factor of the silicone electromagnetic shielding material market. Electric Vehicles are also gaining major traction over petrol & diesel operated due to raising concern for global warming and climate change. Silicone electromagnetic shielding of electronic components of vehicle become necessary to prevent them from damage and malfunctioning due to external radiation interference. As per International Energy Agency 2018 report, the global electric vehicle sale stood at 1.1 million in 2017 and expected to reach 220 million by 2030.
Major restraint to silicone electromagnetic shielding material market is the high cost associated with it.
The EMI shielding market in Asia-Pacific is expected to grow at the highest rate between 2018 to 2026 owing to the factors such as the escalating demand for consumer electronic products such as smartphones, tablets, and home appliances and development of advanced cellular infrastructure. As per GSM Association Intelligence 2018, smartphone subscribers in Asia Pacific region stood at 1.4 billion in 2017 which is expected to reach 3.9 billion by 2025.
Key players in the Global Silicone Electromagnetic Shielding Materials Market:-
Major global players manufacturing the silicone electromagnetic shielding materials are Specialty Silicone Products Inc., Parker Chomerics, Laird Plc, PPG Industries, Henkel AG & Co., Tech-Etch Inc., Leader Tech Inc., 3M Company, Kitagawa Industries Co. Ltd., Schaffner Holding AG, ETS Lindgren, Marktek Inc., SAS Industries Inc. and HEICO Corporation.
In March 2018, Specialty Silicone Products Inc.’s medical grade platinum-cured silicones based electromagnetic shielding gasket got approved from FDA for use in medical products.
On the basis of Product type, the global silicone electromagnetic shielding materials market is segmented into:
On the basis of application, the global silicone electromagnetic shielding market is segmented into:
On the basis of method, the global silicone electromagnetic shielding market is segmented into:
On the basis of region, the global silicone electromagnetic shielding market is segmented into:
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.