EMI Shielding Market Was Worth US$ 6.4 Bn and is Expected to Grow at a CAGR of 4.5% From 2022 to 2030

EMI Shielding Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the worldwide EMI Shielding Market was worth?US$ 6.4 Bn?and is expected to grow at a CAGR of?4.5%?over the forecast period. The market is expected to hit?US$ 9.1 Bn?by 2030 end.

EMI shields are mechanical devices, including flexible metal screens, metal foams, and metal wires, generally put around the electronic devices to prevent interference. EMI shielding is the reflection or absorption of electromagnetic radiation by using materials positioned in the path of electromagnetic interference.

Various EMI shielding materials, such as metals, conductive coatings, laminates, and others, prevent electronic devices from malfunctioning by filtering incoming and outgoing interferences.

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What key factors are driving the increase in demand for EMI Shielding Market?

In recent years, rising consumer electronics demand has positively impacted EMI shielding, and it is anticipated that this trend will continue during the forecast period. The market is driven by using EMI with well-established processes and techniques.

The increasing use of EMI shielding materials and technologies in various applications of car gadgets such as automatic sliding doors, keyless ignitions, remote starters, power seats, and power windows, among others, is promoting the growth of the EMI market.

The rapid development of telecommunication infrastructure around the world, the penetration of wireless mobile communications, and the increasing usage of electric components in automobiles have increased the demand for shielding electrical and digital equipment to prevent EMI.

A list of some of the critical suppliers present in the market are:

• 3M Company
• ETS-Lindgren Inc.
• Henkel Corporation
• KGS
• Kitagawa Industries Co. Ltd.
• Laird PLC
• Leader Tech Inc.
• Parker Hannifin Corp
• PPG Industries Inc.
• RTP Company
• Schaffner Holding Ag
• Chomerics
• Marktek Inc.
• Tech-Etch, Inc
• Omega Shielding Products
• Heico Corporation

Market Segments Covered in Report

By Material:

• EMI Shielding Tapes & Laminates
• Conductive Coatings & Paints
• Metal Shielding
• Conductive Polymers
• EMI/EMC Filters
• Others

By Method:

• Radiation
• Conduction

By Application:

• Consumer Electronics
• Telecom & IT
• Automotive
• Healthcare
• Aerospace
• Others

By Region and Country:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
• Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
• Africa (South Africa, Nigeria, Egypt, Rest of Africa)

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What are the opportunities in the EMI Shielding Market business?

Increased global defense spending by countries will benefit the EMI shielding materials market, as the product is used to protect weapon systems from interference.

The rise in the global electronic grade hydrogen peroxide market is expected to be aided by advanced technologies such as artificial intelligence, 5G Internet, and other major driving factors.

Stringent government rules for EMI will continue to encourage the overall growth of the EMI shielding market.

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