According to IMARC Group’s latest report, titled “EMI Shielding Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global EMI shielding market size reached US$ 7.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.05% during 2023-2028.
Electromagnetic interference (EMI) shielding refers to the process of protecting electronic devices from electromagnetic radiation that may cause unwanted interference or damage. EMI shielding involves the use of materials that can absorb, reflect, or dissipate electromagnetic waves, such as metal sheets, conductive coatings, and ferrite beads. By using EMI shielding, electronic devices can function properly without being affected by outside electromagnetic sources, and also reduce the amount of electromagnetic radiation they emit. This is particularly important in sensitive environments, such as hospitals, military bases, and industrial facilities, where the proper functioning of electronic devices is critical.
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EMI Shielding Market Trends:
The increasing demand for electronic devices in various industries, such as telecommunications, aerospace, defense, and healthcare, represents a key factor driving the market growth across the globe. This, coupled with the increasing need to protect them from electromagnetic interference is acting as a major growth-inducing factor. In addition to this, the rising awareness of the harmful effects of electromagnetic radiation on human health is contributing to the growth of the market. This is leading to increased regulations and standards for EMI shielding in various industries, thus further driving the demand for EMI shielding materials and solutions. In line with this, the development of new and advanced materials and technologies for EMI shielding, such as conductive polymers and nanomaterials, is creating a positive outlook for the market.
EMI Shielding Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the EMI shielding market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 3M Company
- Parker Chomerics (Parker Hannifin Corporation)
- Dow Inc.
- ETS-Lindgren (ESCO Technologies Holding Inc)
- Henkel AG & Co. KGaA
- Kitagawa Industries (Nitto Kogyo Corporation)
- Laird Technologies Inc. (Advent International)
- Leader Tech Inc. (HEICO Corporation)
- PPG Industries
- RTP Company (Miller Waste Mills Inc.)
- Schaffner Holding AG
- Tech-Etch Inc.
Key Market Segmentation:
The report has segmented the global EMI shielding market based on material, shielding method, end-use industry and region.
Breakup by Material:
- EMI Shielding Tapes and Laminates
- Conductive Coatings and Paints
- Metal Shielding
- Conductive Polymers
- EMI/EMC Filters
- Others
Breakup by Shielding Method:
- Radiation
- Conduction
Breakup by End-Use Industry:
- Consumer Electronics
- Smartphones
- Tablets
- Television
- Others
- Telecom and IT
- Automotive
- Healthcare
- Defense and Aerospace
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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