Market Overview:
The global electromagnetic wave absorbing material market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for RFID handheld readers in various applications such as transportation & logistics, retail, medical, manufacturing and others. In addition, the growing awareness about the benefits of using RFID technology is also contributing to the growth of this market.
Product Definition:
An electromagnetic wave absorbing material is a material that absorbs some or all of the energy in an electromagnetic wave. The importance of using an electromagnetic wave absorbing material is that it can reduce or prevent the transmission and/or radiation of energy from one object to another.
LF RFID Handheld Reader:
LF RFID handheld reader is used for automatic identification and tracking of objects. It operates by generating an electromagnetic wave which is absorbed by the target object and then returns to the sensor, which in turn generates a signal. The signal is analyzed to determine if the target object has been removed from its proximity to the sensor or not.
The global market for LF RFID handheld reader was valued at USD 1,11,500 in 2015.
HF RFID Handheld Reader:
HF RFID handheld reader is used to scan tags which are attached to the objects. It works on the principle of electromagnetic induction. The device consists of a coil, an antenna and a detector which helps in reading the details from the tag. The major applications of this device include inventory control, palletizing and material management among others.
The global Electromagnetic wave absorbing material market size was valued at USD 1,37,500 thousand in 2015.
Application Insights:
The application segment includes transportation and logistics, retail, medical, manufacturing, and others. The transportation and logistics sector accounted for the largest market share in 2017 owing to the increasing adoption of EMWAMs in this sector. These products are widely used to enhance security at airports by providing protection against high-frequency electromagnetic waves (HWaves) that may be used for malicious purposes such as accessing a target¢â‚¬â„¢s information or causing disruption in communication systems.
Electromagnetic wave absorption solutions provide effective shielding against a broad range of EMI &EMWAHS including GSM/GPRS/3Ghz wireless data transmission from cellular phones, Wi-Fi signals from wireless networks & Bluetooth devices etc., protecting users from potentially harmful radiation.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to various factors such as early adoption of EM wave absorbing materials, presence of a large number of RFID systems integrators and OEMs, and high disposable income. Moreover, increasing government initiatives for implementation of advanced technologies are expected to drive regional demand over the forecast period. For instance, in 2015 U.
Asia Pacific is expected to witness lucrative growth over the next eight years owing to rising investments by governments across countries like China and India towards infrastructure development activities coupled with growing retail sector especially in developing economies including China.
Growth Factors:
- Increasing demand for electromagnetic wave absorbing material in military and defense sector owing to the rising security concerns across the globe.
- Growing demand for electromagnetic wave absorbing material from telecommunications sector to meet the ever-growing data traffic requirements.
- Rising installation of radar systems in airports, seaports, and other critical infrastructure facilities worldwide is expected to fuel the growth of electromagnetic wave absorbing material market over the forecast period.
- Proliferation of smart devices and IoT is anticipated to create new opportunities for electromagnetic wave absorbing material market during forecast period 2017 – 2025
Scope Of The Report
Report Attributes
Report Details
Report Title
Electromagnetic wave absorbing material Market Research Report
By Type
LF RFID Handheld Reader, HF RFID Handheld Reader, UHF RFID Handheld Reader
By Application
Transportation & Logistics, Retail, Medical, Manufacturing, Others
By Companies
Zebra, Honeywell, Denso Wave, Sense Technology, Jiangsu SEUIC Technology, Feig Electronics, Invengo Technology, Bluebird, Unitech, TSL, Zebra, Alien Technology, TURCK, Chainway, Cipher Lab, Convergence Systems Limited (CSL), Chafon group, Nordic ID
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Electromagnetic wave absorbing material Market Report Segments:
The global Electromagnetic wave absorbing material market is segmented on the basis of:
Types
LF RFID Handheld Reader, HF RFID Handheld Reader, UHF RFID Handheld Reader
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation & Logistics, Retail, Medical, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zebra
- Honeywell
- Denso Wave
- Sense Technology
- Jiangsu SEUIC Technology
- Feig Electronics
- Invengo Technology
- Bluebird
- Unitech
- TSL
- Zebra
- Alien Technology
- TURCK
- Chainway
- Cipher Lab
- Convergence Systems Limited (CSL)
- Chafon group
- Nordic ID
Highlights of The Electromagnetic wave absorbing material Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LF RFID Handheld Reader
- HF RFID Handheld Reader
- UHF RFID Handheld Reader
- By Application:
- Transportation & Logistics
- Retail
- Medical
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electromagnetic wave absorbing material Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electromagnetic wave absorbing material is a type of material that absorbs or deflects electromagnetic waves. This can be used to protect electronic equipment from interference and damage from electromagnetic radiation.
Some of the major companies in the electromagnetic wave absorbing material market are Zebra, Honeywell, Denso Wave, Sense Technology, Jiangsu SEUIC Technology, Feig Electronics, Invengo Technology, Bluebird, Unitech, TSL, Zebra, Alien Technology, TURCK, Chainway, Cipher Lab, Convergence Systems Limited (CSL), Chafon group, Nordic ID.
The electromagnetic wave absorbing material market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electromagnetic wave absorbing material Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electromagnetic wave absorbing material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electromagnetic wave absorbing material Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electromagnetic wave absorbing material Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electromagnetic wave absorbing material Market Size & Forecast, 2020-2028
4.5.1 Electromagnetic wave absorbing material Market Size and Y-o-Y Growth
4.5.2 Electromagnetic wave absorbing material Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LF RFID Handheld Reader
5.2.2 HF RFID Handheld Reader
5.2.3 UHF RFID Handheld Reader
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation & Logistics
6.2.2 Retail
6.2.3 Medical
6.2.4 Manufacturing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electromagnetic wave absorbing material Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electromagnetic wave absorbing material Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LF RFID Handheld Reader
9.6.2 HF RFID Handheld Reader
9.6.3 UHF RFID Handheld Reader
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation & Logistics
9.10.2 Retail
9.10.3 Medical
9.10.4 Manufacturing
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LF RFID Handheld Reader
10.6.2 HF RFID Handheld Reader
10.6.3 UHF RFID Handheld Reader
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation & Logistics
10.10.2 Retail
10.10.3 Medical
10.10.4 Manufacturing
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LF RFID Handheld Reader
11.6.2 HF RFID Handheld Reader
11.6.3 UHF RFID Handheld Reader
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation & Logistics
11.10.2 Retail
11.10.3 Medical
11.10.4 Manufacturing
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LF RFID Handheld Reader
12.6.2 HF RFID Handheld Reader
12.6.3 UHF RFID Handheld Reader
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation & Logistics
12.10.2 Retail
12.10.3 Medical
12.10.4 Manufacturing
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LF RFID Handheld Reader
13.6.2 HF RFID Handheld Reader
13.6.3 UHF RFID Handheld Reader
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation & Logistics
13.10.2 Retail
13.10.3 Medical
13.10.4 Manufacturing
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electromagnetic wave absorbing material Market: Competitive Dashboard
14.2 Global Electromagnetic wave absorbing material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zebra
14.3.2 Honeywell
14.3.3 Denso Wave
14.3.4 Sense Technology
14.3.5 Jiangsu SEUIC Technology
14.3.6 Feig Electronics
14.3.7 Invengo Technology
14.3.8 Bluebird
14.3.9 Unitech
14.3.10 TSL
14.3.11 Zebra
14.3.12 Alien Technology
14.3.13 TURCK
14.3.14 Chainway
14.3.15 Cipher Lab
14.3.16 Convergence Systems Limited (CSL)
14.3.17 Chafon group
14.3.18 Nordic ID
