The global EMI shielding market size is estimated to reach USD 10.7 billion by 2030, growing at a CAGR of 5.4% during the forecast period 2022-2030. It was valued at USD 6.2 billion in 2022.
The high demand for EMI shielding from consumer electronics (smartphones, tablets, television, and others) and Telecom and IT industry will increase future growth. In the coming years, demand from developing countries is likely to grow because of rising awareness about the increasing electromagnetic pollutions. Moreover, the ongoing field trials and pilot tests evincing the viability of 5G technology in developing countries of the Asia Pacific such as China, India, and Japan will increase the EMI shielding market demand in forecast years.
Electromagnetic Interference (EMI) shielding is a material that protects the electronics of devices by absorbing the interference transmitted through the air. EMI shielding involves screening through conductive coatings, metals and laminates, made using copper, aluminum, and stainless steel. It absorbs EMI to protect electronic devices, equipment, and systems used in critical applications such as medical, military, aerospace electronics, mass transit systems, industrial touch screens, navigation, and vehicular control systems. The cause of electromagnetic interference is numerous and can be both natural and artificial.
Increasing demand for EMI shielding across various industry verticals.
EMI shielding materials include flexible metal screens, metal wires, and metal foams to provide EMI shielding solutions across various industries, including automotive, defense, military, aerospace, healthcare, telecommunications, and information technology. Furthermore, railroad and mass transit solutions may experience EMI emissions from train control, high voltage contact switching, and train signaling and control systems. EMI shielding is also used to protect medical equipment to avoid EMI in electrical and electronic surgical equipment in surgical units. Life-supporting devices such as ventilators and infusion pumps are the major factors increasing the EMI shielding market growth worldwide.
Furthermore, EMI shielding is widely used in the automotive industry to minimize EMI in GPS navigation and infotainment systems, hands-free features, and Bluetooth devices to increase the EMI shielding market growth during the forecast period. The increasing adoption of 4G and 5G technologies in developing countries like India and China and the implementing government policies to minimize the harmful radiations in the environment are expected to drive market growth in the coming years.
Significant growth in the automobile industry and increasing telecommunication activities such as adopting 4G and 5G technologies will stimulate EMI, shielding market growth. Additionally, the increasing demand for consumer electronics such as smartphones, tablets, and televisions boosts the market growth.
Although the impact on the EMI shielding business was huge in 2020, many producers report decreased activities in the other regions. The reasons for less action vary in the different countries due to various areas like Lockdown in many countries, less funding, material Availability, Labor Availability as many workers returned to their homeland, Process of granting permits to tender slowed down or postponed.
Moreover, the outbreak of COVID-19 and its subsequent entry into the Asia Pacific has led to operations in many sectors in the Region. Additionally, the automobile and telecom sectors are estimated to witness the most significant declines in terms of growth and outputs due to the Lockdown called by the government for a brief period.
However, the industries are recovering due to the easing of the norms by the government with preventive measures such as social distancing and relief funds.
Although there will be significant growth in the telecom industry due to increased government spending in the 4G and 5G technologies, the drives are recovering due to the easing of the norms by the government with preventive measures such as social distancing and relief funds. Whatever the reason might be, the effect will be short and expected to be long-term.
Based on the Material, the Global EMI shielding Market is segregated into EMI Shielding Tapes & Laminates, Conductive Coatings & Paint, Metal Shielding, Conductive Polymers, EMI/EMC Filters, and others.
The conductive coatings & paint segment is expected to grow significantly due to increased consumer electronic product use. They provide EMI shielding to non-metallic surfaces and plastics in smartphones and telecommunications, medical and military devices.
Based on Method, the Global EMI shielding Market is classified into Radiation, Conduction. EMI shielding is mainly made from Conduction or Radiation.
The radiation method is expected to have a significant growth rate to minimize interference and electromagnetic pollution caused by consumer electronic devices.
The End-User Global EMI shielding Market is divided into Consumer Electronics, Telecom & IT, Automotive, Healthcare, Aerospace, and others.
The consumer electronics industry is witness to have the largest share of the market in 2021. The increased use of consumer electronic devices in automotive, healthcare, military, and defense are expected to be the significant factors contributing to the growth of the EMI shielding market in the consumer electronic industry segment.
The Global EMI shielding Market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa based on Region. The Asia-Pacific has the most significant EMI shielding market, led by India, China, and various Asian countries. The top place in the market is attributed to the increasing automobile and electronic consumer industry in the Region. Furthermore, rapidly increasing population and industrialization are expected to drive the EMI shielding market in the Region.
Additionally, the growth of the EMI shielding market in the Asia Pacific region is attributed to increasing investment in the deployment of 5G infrastructure.
The global EMI shielding market is volatile, with many international and regional players in the market. 3M COMPANY, Parker Chomerics, Dow Inc, Husker, Henkel AG & Co. KGaA, Laird Technologies Inc, LEADER TECH INC., PPG Industries, Schaffner Holding AG, and Tech-Etch Inc. are the key players in the global EMI shielding market.
Report Attribute | Details |
---|---|
Market Size Value | USD 6.2 billion dollars |
Revenue forecast in 2026 | USD 7.7 Billion |
Growth Rate | CAGR of 4.4% during the forecast period, 2021-2027 |
Historical data | 2017-2019 |
Forecast period | 2021 – 2027 |
Region covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
Key companies Profiled | 3M COMPANY, Parker Chomerics, Dow Inc, ETS-Lindgren, Henkel AG & Co. KGaA, Laird Technologies Inc, LEADER TECH INC., PPG Industries, RTP Company, Schaffner Holding AG, Tech-Etch Inc. |
By Material
By Method
By End-User
By Region
Tech-Etch Inc.
The global EMI shielding market size is estimated to reach USD 10.7 billion by 2030, growing at a CAGR of 5.4% during the forecast period 2022-2030. It was valued at USD 6.2 billion in 2022.
The Asia Pacific dominated the EMI shielding market. This can be measured by the rising use of electronic devices and equipment in automobiles and increasing investment in deploying 5G infrastructure.
Industry experts believe that COVID-19 could affect the end-use industries globally. The manufacturers have faced halted production due to lockdown restrictions due to the non-availability of workforces, supply chain disruptions, country-wide lockdowns, temporary facilities closures, and limited raw materials availability, which has affected the production and sales of various manufacturers.
Key factors driving the EMI shielding market growth include the rapid adoption of 4G and 5G technology and the increase in the use of electronic consumer devices in various verticals such as Automobile, Healthcare, Military, and defense, etc. anticipated to drive the market growth.
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