EMI Shielding Global Market Report 2024

EMI (electromagnetic interference) shielding is a technique aimed at reducing or preventing the leakage of strong electromagnetic fields that can disrupt sensitive devices and signals. Electromagnetic interference (EMI) refers to unwanted noise or interference in an electrical conduit or circuit caused by an external source.

EMI shielding utilizes radiation and conduction as its primary methods. Radiation involves the release of energy in the form of electromagnetic waves or moving subatomic particles, specifically high-energy particles leading to ionization. Materials employed include conductive coatings and paints, conductive polymers, metal shielding, EMI and EMC filters, as well as EMI shielding tapes and laminates. End-use industries encompass consumer electronics, automotive, telecommunications, information technology, healthcare, aerospace, and others.

The EMI shielding market research report is one of a series of new reports from The Business Research Company that provides EMI shielding market statistics, including EMI shielding industry global market size, regional shares, competitors with a EMI shielding market share, detailed EMI shielding market segments, market trends and opportunities, and any further data you may need to thrive in the EMI shielding industry. This EMI shielding market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The emi shielding market size has grown strongly in recent years. It will grow from $6.56 billion in 2023 to $6.94 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth observed in the historical period can be attributed to increasing electronic device usage, rising telecommunication infrastructure, advancements in automotive electronics, wireless technology proliferation, and the increasing miniaturization of electronics.

The emi shielding market size is expected to see strong growth in the next few years. It will grow to $8.7 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The anticipated growth in the forecast period can be attributed to the rapid growth in 5G technology, the expansion of the Internet of Things (IoT), increasing electrification in vehicles, higher adoption of wearable devices, and growing aerospace and defense applications. Major trends in the forecast period include stringent EMI regulations, growth in aerospace and defense applications, a focus on sustainable EMI shielding materials, and the integration of EMI shielding in PCB design.

The anticipated growth of the EMI (Electromagnetic Interference) shielding market is expected to be driven by the growing demand for consumer electronics. Consumer electronics encompass electronic devices designed for purchase and use by end users for daily, non-commercial, or professional purposes. In electronic devices and equipment, EMI shielding involves the use of manufacturing processes and materials to shield signals from interference caused by outside electromagnetic signals and to prevent generated signals from interfering with nearby components. EMI shielding is widely employed in various consumer electronics, including flat-screen displays, desktops, laptops, servers, as well as portable devices such as GPS units and cell phones. For example, the Consumer Technology Association (CTA), a US-based standard-setting and trade organization, projects that revenue for the US consumer electronics sector will reach a record $505 billion in 2022, showing a 2.8% increase over the remarkable 9.6% growth in 2021. Additionally, Eurostat, a UK-based directorate general of the European Commission, reported that high-tech goods accounted for 18% of all exports and 19% of all imports into the EU in 2021, with sales climbing from €258 billion ($274 billion) in 2011 to €368 billion ($293 billion) in 2021. Therefore, the growing demand for consumer electronics is identified as a key driver for the growth of the EMI shielding market.

The anticipated growth in the telecommunications sector is expected to drive the expansion of the EMI (Electromagnetic Interference) shielding market. Telecommunications involves the transmission of information, signals, messages, or data over a distance using electrical, electromagnetic, or optical systems. EMI shielding plays a crucial role in telecommunications by ensuring interference-free operation, maintaining signal integrity, and enhancing network reliability. For instance, in 2022, according to the International Telecommunication Union, a Switzerland-based specialized agency of the United Nations, it is projected that as of 2023, 5.4 billion people, or 67% of the global population, will be Internet users, with an expected 1.7 billion people joining the online community during that period. Therefore, the growth in telecommunications is identified as a key driver for the expansion of the EMI shielding market. The increasing reliance on telecommunications and the growing number of Internet users contribute to the demand for EMI shielding solutions to ensure optimal performance and reliability in communication networks.

The EMI shielding market is witnessing a significant trend towards product innovation. Major players in the market are actively engaging in strategic collaborations to enhance their market positioning. For instance, in March 2021, Seaman Corporation, a US-based plastic fabrication company specializing in manufacturing fabrics and membrane products, joined forces with V Technical Textiles, Inc. (VTT), a US-based manufacturer of RF/EMI shielding and conductive textile products. Together, they introduced Shelter-Rite RF, an innovative product designed to provide technologically advanced safety and security in situations demanding a more robust and durable RF-shielded material. This high-performance PVC-coated textile enables the utilization of lightweight RF shielding materials in environments where their application was previously impractical.

Major players in the EMI shielding market are actively investing in technologies such as the Integration of Advanced Materials in EMI shielding to fortify their market presence. The incorporation of advanced materials in the EMI shielding market contributes to enhanced performance, flexibility, sustainability, and adaptability to the evolving requirements of various industries. As an illustration, in March 2021, NanoEMI, a Poland-based deep-tech graphene company, successfully developed composites with the capability to block electromagnetic radiation, addressing electromagnetic interference (EMI) in electronic devices. The company's groundbreaking solutions harness graphene nanotechnology to create composites demonstrating the capacity to block electromagnetic radiation, with proven effectiveness of up to 70 dB per 1 mm of sample thickness. This technological breakthrough represents a substantial advancement, providing a robust alternative to traditional metal-based solutions for EMI shielding.

In June 2022, TE Connectivity (TE), a Switzerland-based technology company specializing in the design and manufacture of connectors and sensors across various industries, acquired Kemtron Ltd for an undisclosed sum. This strategic acquisition enhances TE's capabilities and design solutions, particularly for customers navigating EMC legislation and RFI/EMI shielding requirements. These solutions cater to both conventional markets and the expanding sectors of electric vehicles (EVs), 5G, Internet of Things (IoT), and renewable energy. Kemtron Ltd., based in the UK, is a provider of EMI/RFI shielding, environmental sealing, gaskets, and components.

Major companies operating in the emi shielding market report are Saint-Gobain S.A., 3M Company, Henkel AG & Co. KGaA, TDK Corporation, PPG Industries, Inc., TE Connectivity Ltd., Parker-Hannifin Corporation, Emcor Technologies, Huntsman International LLC, W. L. Gore & Associates, Inc., Molex, LLC, HEICO Corporation, Kitagawa Industries Co. Ltd., Chomerics, RTP Company Inc., Laird Technologies Inc., Schaffner Holding AG, Tech Etch Inc., Sealing Devices Inc., Greene Rubber Company, ETS-Lindgren, Inc., Intermark USA, Inc., Leader Tech Inc., Orbel Corporation, Omega Shielding Products Inc., Spira Manufacturing Corporation, Magnetic Shield Corporation, EMI Solutions Pvt. Ltd., Zippertubing Company, Marktek Inc.

Asia-Pacific was the largest region in the EMI shielding market in 2023. The regions covered in the emi shielding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the emi shielding market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The EMI shielding market includes revenues earned by entities by providing EMI shielding through EMI enclosures, EMI coatings, RF filters and conductive filters. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

EMI Shielding Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on emi shielding market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for emi shielding ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The emi shielding market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Methods: Radiation; Conduction
• 2) By Material: Conductive Coatings And Paints; Conductive Polymers; Metal Shielding; EMI And EMC Filters; EMI Shielding Tapes And Laminates
• 3) By End Use Industry: Consumer Electronics; Automotive; Telecommunications And Information Technology; Healthcare; Aerospace; Other End Users
• Companies Mentioned: Saint-Gobain S.A.; 3M Company; Henkel AG & Co. KGaA; TDK Corporation; PPG Industries, Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.