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  • EMI Shielding Market Analysis | 2023-2028

    EMI Shielding Market Analysis | 2023-2028

    EMI Shielding Market Analysis | 2023-2028
    Report code - SR2668 Delivery - 2 Weeks
    EMI Shielding Market Size, Share, Trend, Forecast, Analysis & Growth Opportunity: See more...

    Market Insights

    The EMI Shielding Market is anticipated to grow at a promising CAGR of 6.8% during the forecast period to reach US$ 5.8 Billion by 2028.

    What is EMI Shielding?

    Electromagnetic Interference (EMI) shielding, is a technique used to protect electronic devices and sensitive equipment from the negative effects of electromagnetic interference (EMI). EMI is an unwanted disturbance caused by electromagnetic waves from various sources that can disrupt the proper functioning of electronic components or lead to data corruption in electronic devices. Common products used for EMI shielding include metal enclosures, EMI gaskets, wire mesh, conductive coatings, conductive tapes, etc. EMI shielding is widely used in various industries and applications, including consumer electronics, automotive, aerospace, telecom, medical, and industrial.

    Market Drivers

    The market for EMI shielding is proliferating due to several factors, such as the proliferation of electronic devices in various industries and consumer applications, rising concerns about electromagnetic interference, regulations and standards related to electromagnetic compatibility, and the increasing use of wireless technologies such as Wi-Fi, Bluetooth, cellular networks, and IoT (Internet of Things) devices. In addition to that, the global electronics manufacturing sector has been expanding rapidly, driven by advancements in technology, and the increasing demand for electronic products and advancements in EMI shielding materials are further expected to fuel the demand for the EMI shielding market during the forecast period.

    Segments Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Material Type Analysis

    Copper, Nickel-Copper, Aluminum, Silver-Nickel, and Others

    Copper is projected to be the most preferred material during the forecasted period.

    Product Type Analysis

    EMI Enclosure, Wire Mesh & Screens, Gaskets & O-rings, Conductive Plastics, Conductive Coatings, and Conductive Tapes & Adhesives

    Conductive coatings are anticipated to hold the major share of the EMI shielding market in the years to come.

    End-Use Industry Analysis

    Consumer Electronics, Aerospace & Defense, Medical Devices, Automotive, Telecommunication, and Industrial & Manufacturing

    Consumer electronics are expected to be the biggest demand generators for EMI shielding during the forecast period.

    Regional Analysis

    North America, Europe, Asia-Pacific, and The Rest of the World

    Asia-Pacific is expected to remain the largest and fastest-growing market over the next five years.

    By Material Type

    The EMI shielding market is segmented into copper, nickel-copper, aluminum, silver-nickel, and others. Copper is expected to remain the most preferred material in the market during the forecast period owing to its excellent electrical conductivity and effectiveness at shielding EMI waves over a wide range of frequencies, from very low frequencies (kHz) to very high frequencies (GHz).

    In addition to that, copper is a durable material that can withstand wear and tear, is widely available, and is relatively affordable compared to some other EMI shielding materials. This makes it a cost-effective choice for many EMI shielding applications.

    By Product Type

    The market is segmented into EMI enclosures, wire mesh & screens, gaskets & O-rings, conductive plastics, conductive coatings, and conductive tapes & adhesives. Conductive coatings are expected to remain the dominant product type in the market during the forecast period. Conductive coatings can be applied to various surfaces, including plastic, metal, glass, and ceramics, making them suitable for a wide range of EMI shielding applications.

    Conductive coatings provide EMI shielding without adding significant bulk or weight to the protected components or devices. In addition to that, conductive coatings and paints are a cost-effective way to provide EMI shielding for consumer electronics products, such as smartphones, laptops, and tablets.

    By End-Use Industry Type

    The EMI shielding market is segmented into consumer electronics, aerospace & defense, medical devices, automotive, telecommunications, and industrial & manufacturing. Consumer electronics are expected to be the dominant end-use industry in the market during the forecasted period. The growing demand for consumer electronics, such as smartphones, laptops, tablets, and wearable devices, is driving the growth of this segment.

    EMI shielding is used in these devices to protect them from interference from external electromagnetic signals. EMI shielding is utilized to ensure proper functioning and to prevent interference that could disrupt device performance.

    Regional Analysis

    Asia-Pacific is expected to remain the largest and fastest-growing market for EMI shielding during the forecast period. The Asia-Pacific region is home to some of the world's largest electronics and telecommunications industries. With the increasing demand for consumer electronics, smartphones, laptops, and other electronic devices, the need for EMI shielding solutions in these products has been rising significantly.

    Asia-Pacific is also a major hub for automotive manufacturing and consumption. As vehicles become more technologically advanced and incorporate sophisticated electronic systems, the demand for EMI shielding in the automotive sector has been on the rise. In addition to that, rapid industrialization, a growing medical device market, and telecommunications infrastructure development are further expected to fuel the growth of the EMI shielding market in Asia-Pacific.

    Want to know which region offers the best growth opportunities? Register Here

    Key Players

    The following are the key players in the EMI shielding market:

    • 3M Company
    • Boyd Corporation
    • Henkel AG & Co. KGaA
    • Huntsman International LLC
    • Laird Performance Materials
    • Leader Tech Inc.
    • Parker Chomerics
    • PPG Industries Inc.
    • Tech-Etch Inc.
    • W.L. Gore & Associates

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the EMI Shielding Market

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Who are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players).
    • SWOT analysis of key players (up to 3 players).

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQ)

    The EMI shielding market is estimated to grow at a CAGR of 6.8% by 2028, driven by increasing demand for consumer electronics, expansion of telecommunication networks, the Internet of Things (IoT), and wireless technologies, and increasing usage of advanced electronics in automotive.

    Parker Chomerics, Laird Performance Materials, 3M Company, W.L. Gore & Associates, Boyd Corporation, and Henkel AG & Co. KGaA are the leading players in the EMI shielding market.

    The EMI Shielding Market is anticipated to reach US$ 5.8 Billion by 2028.

    Copper is expected to remain the most preferred material in the market during the forecast period owing to its excellent electrical conductivity and effectiveness at shielding EMI waves over a wide range of frequencies, from very low frequencies (kHz) to very high frequencies (GHz).

    Asia-Pacific is estimated to remain dominant in the EMI shielding market in the foreseeable future due to the growing electronics industry, rising consumer demand for electronic devices, increasing disposable incomes, and technological advancements.

    Asia-Pacific is estimated to remain the fastest-growing market for EMI shielding in the foreseeable future. Due to rapid industrialization and economic growth in recent years. Moreover, the adoption of emerging technologies like 5G, IoT, and automotive electronics in the region further fuels the demand for EMI shielding.