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At 4.2% CAGR, Global EMI Shielding Market Size to Surpass USD 7845.6 Million by 2028 - Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & 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.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
In the context of electromagnetic interference (EMI), "EMI shielding" refers to the process of deflecting or absorbing electromagnetic radiation by the utilization of materials that are positioned in the path of said interference. The use of EMI shielding can reduce the interference caused by electromagnetic fields, electrostatic fields, and radio wave coupling. The market for EMI shielding is anticipated to expand during the period of forecast analysis as a result of the growing prevalence of electronic components across a variety of end-use sectors, including aerospace and defense, automotive, telecom and information technology, healthcare, consumer electronics, and others. The increase in worldwide defense spending by countries will be beneficial to the market for EMI shielding materials.
This is because the product is employed to cover weapon systems from interference, therefore the market will gain from the rise in global defense spending. Over the past few years, an increase in the demand for consumer electronics has had a positive impact on EMI shielding, and it is anticipated that this trend will continue throughout the projection period. The application of EMI, which makes use of tried-and-true methods and procedures, is the primary factor driving market growth.
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The EMI industry is also growing as more and more automobile equipment, including automatic sliding doors, keyless ignitions, remote starters, power seats, and power windows, utilize various EMI shielding materials and technologies. EMI shielding has been made a standard by the Institute of Electrical and Electronics Engineers Standards Association. These standards must be strictly adhered to by EMI shielding companies. Numerous EMI shielding businesses are unable to join the market due to the requirements that must be met in order to comply with those regulations. This might prevent the EMI shielding business from growing in the coming years.
The market for EMI shielding is segmented according to material, method, and industry. The global market is segmented into EMI shielding tapes and laminates, conductive coatings and paints, metal shielding, conductive polymers, and EMI/EMC filters based on the kind of material used. The global market is divided into Radiation and Conduction based on Method. The global market is divided into Consumer Electronics, Telecom & IT, Automotive, Healthcare, Aerospace, and Others on the basis of industry.
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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 color-matching capabilities as a result of the strategic acquisition of Cetelon.
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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
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