The aircraft EMI shielding market share based on application are segmented into equipment shielding, structural shielding & bonding. The growth in the equipment shielding can be credited to the rising incorporation of electronic equipment in aircrafts. Additionally, the radiations from the electronic equipment along with generation of heat owing to continuous operations further accentuates the segment demand over the projected timeframe.
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Based on aircraft, the aircraft EMI shielding market share can be segmented into commercial aircraft, military aircraft, regional jets, and helicopters. The growth in the commercial aircraft can be attributed to the rising air passenger traffic globally. Moreover, the proliferation of low-cost carriers offering expanded network routes at lower costs further accentuates the segment share over the study timeframe.
Based on distribution channel, the aircraft EMI shielding market share can be categorized into OEM and aftermarket. The growth in the OEM segment can be credited to the increasing application of EMI shielding in aircrafts during production. Additionally, the improving communication devices and equipment performance enables industry players to significantly invest in improved EMI shielding technologies, thereby supporting the segment share expansion over the study timeframe.
Based on location, the aircraft EMI shielding market share can be categorized into airframe, antenna, flight deck, and electronics bay. The growth in the electronics bay can be credited to the transmission of significant radiation and electromagnetic interference owing to the presence of a wide range of electronics and equipment operating at varied temperature and wavelength.Get this report
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Few players operating in the aircraft EMI shielding market share include Parker Hannifin, W.L Gore & Associates, The 3M company, Laird PLC, and PPG Industries. Industry players are continuously engaged in strategic mergers and acquisitions for improving their market share. For instance, in 2018, PPG announced the acquisition of Whitford Worldwide. This strategy enabled the company to upgrade its existing products of coatings and shields, thereby expanding their market share significantly.
Asia Pacific will witness significant growth in the aircraft EMI shielding market share over the projected timeframe. This can be attributed to the increasing aircraft fleet across the region for supporting the growing air passenger traffic. Multiple airliners are ordering new aircrafts for expanding their business share. For instance, in 2019, Asia Pacific Airlines announced the acquisition of Boeing 757-200 for carrying out conversion by Precision Aircraft Solutions.
Proliferating usage of entertainment devices in flight for enhancing the air passenger travel experience will play a major role in accelerating the aircraft EMI shielding market demand over the study timeframe. Moreover, the presence of a wide range of sensors and transmitters in aircrafts play a major role in discharging significantly high EMI radiations, thereby boosting the industry share.
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