(I-BusinessNews.Com, January 22, 2019 )
Stratview Research has published a new research report on Aircraft EMI Shielding Market. This extensive 258-page report by Stratview Research analyses the growth of Aircraft EMI Shielding Market over the trend period of 2013 to 2018 and forecast period of 2019 to 2024 under the following segments –
● by Aircraft Type (Commercial Aircraft, Military Aircraft, and Others)
● by Application Type (Equipment Shielding, Structural Shielding, and Others)
● by Product Type (Conductive Coatings & Paints and Others)
● by Location Type (Electronics Bay, Airframe, and Others)
● and by Region (North America, Europe, Asia-Pacific, and RoW)
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Increasing production rates of key aircraft programs
The aircraft EMI shielding market offers healthy growth opportunities in the entire ecosystem and is projected to reach US$ 993.0 million in 2024. Increasing production rates of key aircraft programs, such as B737, B787, A320, and A350XWB; introduction of composite-rich aircraft, such as B787; increasing use of modern electronics equipment; advancement in EMI shielding technologies and rising aircraft fleet size are the major growth drivers of the market.
North America to remain the largest market
Based on regions, North America is expected to remain the largest aircraft EMI shielding market during the forecast period, whereas Asia-Pacific is expected to experience the highest growth in the same period. The higher growth of aircraft EMI shielding in Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic, opening of assembly plants of Boeing and Airbus for B737, A320, and A330 aircraft programs; increasing procurement of military aircraft owing to rising defense budget, and upcoming indigenous commercial and regional aircraft (C919 and MRJ).
Top market players
The supply chain of this market comprises raw material suppliers, aircraft EMI shielding manufacturers, distributors, tier players, aircraft manufacturers, airline companies, MRO companies, and leasing companies. The key aircraft EMI shielding manufacturers are Parker Hannifin Corporation (Chomerics Division), W. L. Gore and Associates, Inc., The 3M Company, Laird Plc, and PPG Industries, Inc. Development of optimized aircraft EMI shielding, regional expansion, and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
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