Noise Suppression Components Market – Market Trends, Drivers, and Forecast from Technavio

Renewable energy

 

According to the latest market research study by Technavio, the global noise suppression components market is anticipated to grow at a CAGR of close to 9% during the forecast period 2017 to 2021.

This report by Technavio provides a thorough analysis of the global noise suppression components market in terms of revenue and emerging market trends. The report also includes a current analysis and forecasts for various market segments and all geographical regions.

Technavio research analysts categorize the market based on the product type

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The top three revenue contributing product segments are discussed below:

Global noise suppression components market for conductive coatings: The cost-effectiveness of solar panels is increasing the demand for photovoltaic energy storage systems thereby boosting the sales in this market segment. The conductive coating includes electroless platings, vacuum metalization, and conductive paints and plastics.

These products are not restricted in size or shape and can be easily accomplished with a single operation and are cost efficient resulting in its growing popularity in the global market. Researchers are developing a spray coating made of the 2D nanomaterial, which is more effective in blocking EMI than carbon fibers, graphene, and copper or aluminum foils. Such developments will help the growth of this sector over the next four years,” says Sunil Kumar Singh, a lead analyst at Technavio for research on embedded systems.

Global noise suppression components market for PCB-level shielding: The development of technologically advanced communication devices that integrate with various semiconductor component will fuel the growth of this market segment. The most commonly used PCB shielding products are metal cans and can easily be soldered in place. Properties like low assembly cost without any impact on the appearance of the device and ease of maintenance will increase the sale of these products.

Global noise suppression components market for gaskets: The increasing application of these gaskets across several end-user industries will fuel the growth of this market sector. These products are predominantly used in consumer electronics, automobiles, and military applications. EMC gaskets function effectively between 10 kHz and 20 GHz thereby increasing the use of these components across industries.

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The top vendors operating in the global noise suppression components market are:

  • Parker Chomerics
  • Comtest Engineering
  • Laird
  • Tech-Etch
  • Murata Manufacturing

The other prominent vendors in the market include AK Stamping, Alco Technologies, Compac Development, Greene Rubber, Kitagawa Industries America, Leader Tech, Spira Manufacturing, and UVOX.

A more detailed analysis is available in the Technavio report titled, ‘Global Noise Suppression Components Market 2017-2021’. Technavio also customizes reports by additional regions and specific sections upon request.

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