Global Market Insights recently added a detailed Aircraft EMI Shielding Market research study across the global, regional and country level. The report provides 360° analysis from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global market and estimates the future trend of the industry based on this detailed study.
Aircraft EMI Shielding Market will register remarkable CAGR to 2025 propelled by adverse effects of electromagnetic interference on aviation equipment and components. Increasing interference on communication signals between the pilot and control tower along with interruptions in aviation equipment performance further accentuates the market over the forecast timeframe.
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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.
Technological advancements including the incorporation of nanoparticles for improving EMI shielding operations are further expanding the aircraft EMI shielding market share. For instance, in 2015, the Self Aligning Nanoparticles for Transparent Electronics (SANTE) technology was introduced for applications requiring higher attenuation. The presence of multiple layers enables for efficient performance across a wide range of RF frequencies.
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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.
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.
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 Whit ford Worldwide.
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