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Aircraft EMI Shielding Market

Aircraft EMI Shielding Market size was valued at US$ 832.68 Mn. in 2023 and the total revenue is expected to grow at 4.5% through 2024 to 2030, reaching nearly US$ 1133.17 Mn.<br><br>Get a free sample:https://www.maximizemarketresearch.com/request-sample/115753/ <br><br>

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Aircraft EMI Shielding Market

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  1. AIRCRAFT EMI SHIELDING MARKET GLOBAL ANALYSIS REPORT 2024-2030 Published by: Rahul, Marketing Head

  2. Market Size & Overview: The global Aircraft Electromagnetic Interference (EMI) Shielding Market was valued at approximately USD 832.68 million in 2023 and is projected to reach around USD 1,133.17 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period from 2024 to 2030. This growth is primarily driven by the increasing integration of advanced electronic systems in modern aircraft, necessitating effective EMI shielding solutions to ensure the optimal performance and safety of avionics and other critical components.

  3. Market Growth & Opportunities Several factors contribute to the expansion of the Aircraft EMI Shielding Market: Advancements in Avionics and Electronic Systems: The aviation industry is witnessing a surge in the adoption of sophisticated avionics, communication, and navigation systems. These advanced electronics are highly susceptible to electromagnetic interference, underscoring the need for robust EMI shielding solutions to maintain system integrity and prevent potential malfunctions. Stringent Regulatory Standards: Aviation authorities worldwide have implemented rigorous electromagnetic compatibility (EMC) standards to ensure the safety and reliability of aircraft operations. Compliance with these standards necessitates the incorporation of effective EMI shielding measures, thereby propelling market demand. Emergence of Electric and Hybrid Aircraft: The shift towards more sustainable aviation solutions has led to the development of electric and hybrid aircraft. These platforms rely heavily on electronic systems, increasing the potential for EMI issues and, consequently, the demand for advanced shielding technologies. Sample Request

  4. Market Segmentation by Application by End-User vIndoor Application vIndustries vOutdoor Application vCommercial Bodies vUrban Air Quality Monitoring Agencies vGovernment Agencies and Research Institutes

  5. Regional Analysis: North America: This region holds a significant share of the Aircraft EMI Shielding Market, attributed to the presence of major aircraft manufacturers and a robust defense sector. The continuous development of new aircraft models and modernization programs for existing fleets drive the demand for EMI shielding solutions. Europe: Europe is a prominent market, supported by its advanced aerospace industry and a strong focus on reducing electromagnetic interference in avionics. Countries like Germany, France, and the UK are key contributors, with ongoing investments in research and development of innovative shielding technologies. Asia-Pacific (APAC): The APAC region is experiencing rapid growth in the Aircraft EMI Shielding Market, propelled by increasing air travel demand, rising defense budgets, and expanding aerospace manufacturing in countries such as China, India, and Japan. The development of indigenous aircraft programs further stimulates market expansion in this region

  6. Regional Analysis Regional Analysis 2025-2030 South America Middle East and Africa North America Asia Pacific Europe Customized Report Request

  7. Merges and Acquisition qThe Aircraft EMI Shielding Market has witnessed strategic mergers and acquisitions aimed at enhancing product portfolios and expanding market reach. Notable examples include: qParker Hannifin Corporation's Acquisition of LORD Corporation: In 2019, Parker Hannifin Corporation acquired LORD Corporation, a move that expanded Parker's engineered materials portfolio, including advanced EMI shielding solutions, thereby strengthening its position in the aerospace sector. qPPG Industries' Acquisition of Dexmet Corporation: In 2019, PPG Industries acquired Dexmet Corporation, a manufacturer of specialty materials for aerospace applications. This acquisition enabled PPG to enhance its offerings in conductive and shielding materials, catering to the growing demand for EMI solutions. qLaird Performance Materials' Acquisition by Advent International: In 2018, Advent International acquired Laird Performance Materials, a leading provider of EMI shielding and thermal management solutions. This acquisition aimed to accelerate Laird's growth and innovation in the EMI shielding market. Buy This Report

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

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