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(MoneyNewsWire.Net, September 17, 2018 ) According to Verified Market Intelligence, the Global EMI Shielding Market was valued at USD 5.41 Billion in 2017 and is projected to reach USD 7.95 Billion by 2025, growing at a CAGR of 5.0% from 2018 to 2025.
Electromagnetic interference is defined as the study of interferences between the electronic devices and radio system. Various electronic devices such as electric motor, computer circuits, radio transmitter, lighting and many more can radiate this energy. This interference can cause failures in devices, equipment, and system that have application in various sectors such as military, aerospace, medical etc.
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EMI shielding is the method that is used to protect various electronic devices against the incoming or outgoing emissions of electromagnetic frequencies (EMF). The purpose of EMI shielding is to provide protection to the sensitive electronics against the electromagnetic interference. Various materials can be used as EMI shields such as metallic mesh, EMI shielding gaskets, conductive silicones, EMI materials and many more.
Increasing technological advancement and strict regulations imposed by the government against electromagnetic interference have been driving the Global EMI Shielding Market. While high operational and maintenance costs act a potential restraint for the overall market at a global level.
The “Global EMI Shielding Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as ABB, Aerovironment, Chargepoint, Engie, Tesla, Schneider Electric, Siemens and Efacec. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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