Global EMI Shielding Market Share Is Likely To Grow At A CAGR Value Of Around 4.2% By 2028

14-Apr-2022 | Facts and Factors

According to Facts & Factors, The EMI Shielding Market was worth around USD 6129.5 million in 2021 and is estimated to grow to about USD 7845.6 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.2% over the forecast period. The report analyzes the EMI Shielding Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the EMI Shielding Market.

EMI shielding is defined as the reflection or absorption of electromagnetic radiation by employing materials that are positioned in the path of electromagnetic interference. EMI shielding can diminish electromagnetic fields, electrostatic fields, and radio wave coupling. With the increased use of electronics in many industries such as aerospace and defense, automotive, telecom and IT, healthcare, consumer electronics, and others, the EMI shielding market is expected to rise over the forecast period. The rise in global defense spending by countries will benefit the EMI shielding materials market, as the product is utilized to cover weapon systems from interference. Increased demand for consumer electronics has had a favorable impact on EMI shielding in recent years, and this trend is projected to continue during the projection period. The market is being driven by the use of EMI with well-established processes and techniques.

Browse the full “EMI Shielding Market By Material (EMI Shielding Tapes & Laminates, Conductive Coatings & Paints, Metal Shielding, Conductive Polymers, and EMI/EMC Filters), By Method (Radiation, and Conduction), By Industry (Consumer Electronics, Telecom & IT, Automotive, Healthcare, Aerospace, and Others), and By Region - Global and Regional Industry Trends, Market Insights, Data analysis, Historical Information, and Forecast 2022–2028” report at https://www.fnfresearch.com/emi-shielding-market

Moreover, the increasing use of various types of EMI shielding materials and technologies in various applications of car equipment such as automatic sliding doors, keyless ignitions, remote starters, power seats, and power windows, among others, is boosting the EMI market. The Institute of Electrical and Electronics Engineers Standards Association has established EMI shielding as a standard. These criteria must be rigorously followed by EMI shielding firms. The requirements that must be followed in order to comply with those standards are preventing numerous EMI shielding companies from entering the market. This could stifle the expansion of the EMI shielding market in the foreseeable years.

The EMI Shielding Market is segregated based on Material, Method, and Industry. Based on material, the global market is distinguished into EMI shielding tapes & laminates, Conductive coatings & paints, Metal shielding, Conductive polymers, and EMI/EMC filters. Based on Method, the global market is distinguished into Radiation and Conduction. Based on Industry, the global market is distinguished into Consumer Electronics, Telecom & IT, Automotive, Healthcare, Aerospace, and Others.

During the forecast period, APAC dominated the market. The increasing use of electronic systems in the automobile industry continued developments in wireless cellular infrastructure, and increased demand for consumer electronic items are likely to drive APAC demand for EMI shielding solutions. Mobile data services are also fast being accepted in APAC as a result of price reductions by mobile operators in order to reach the greatest number of end customers. APAC has emerged as a global leader in digital platforms. It is home to the world's two most densely populated countries, China and India. Because of its vast population, this region has a high rate of adoption of smartphones and other wireless devices and services.

North America is expected to grow at a significant rate during the forecast period. A growing number of complex electronics in the telecom sector, particularly with the rapid deployment of 5G networks in multiple countries, is a key driver of demand for goods that aid in the resolution of various EMI concerns. The existence of massive facilities producing autos and consumer electronics will play an important role in the development of the region's EMI shielding market. The region's EMI shielding industry is expanding due to the increased use of electronic systems.

Report Scope

Key players functioning in the EMI Shielding Market include PPG Industries (US), Parker-Hannifin (US), 3M (US), Henkel (Germany), Laird Performance Materials (UK), RTP Company (US), Schaffner (Switzerland), Tech-Etch (US)

Recent Developments

• In 2021, Henkel collaborates with the medical technology company Smartz AG to develop smart adult care solutions. As a result, the partners will be able to provide hygiene product manufacturers with innovative, market-ready digital health products enabled by printed electronics.
• In 2021, PPG acquires Cetelon Lackfabrik GmbH, a provider of coatings for automotive and light truck wheel applications. PPG will be able to expand its existing coatings product line, liquid and powder coating technologies, and colour matching capabilities as a result of the strategic acquisition of Cetelon.

The global EMI shielding market is segmented as follows:

By Material

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

By Method

• Radiation
• Conduction

By Industry

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

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Reunion
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors
A - 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com