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EMI Shielding Market Trends That Will Shape the Next Decade: Insights from Strategic Collaborations In The EMI Shielding Market Advancing Research And Innovation
EMI Shielding
How Large Will the EMI Shielding Market Size By 2025?
The size of the emi shielding market has seen a consistent expansion over the past few years. A projected growth from $6.82 billion in 2024 to $7.04 billion in 2025 is expected, reflecting a compound annual growth rate (CAGR) of 3.2%. The surge witnessed in the past is largely due to the escalating usage of electronic devices, burgeoning telecommunication infrastructure, forward strides in automotive electronics, the wide-spreading of wireless technology, and the ever-increasing miniaturization of electronics.
How Big Is the EMI Shielding Market Size Expected to Grow by 2029?
The EMI shielding market is anticipated to experience robust growth in the upcoming years, reaching $8.65 billion by 2029, with a CAGR of 5.3%. Factors propelling growth during this forecast period include the swift advancement in 5G technology, the broadening scope of the Internet of Things (IoT), the rising electrification in vehicles, increased usage of wearable gadgets, and expanding aerospace and defense applications. The forecast period is also expected to witness key trends such as strict EMI regulations, enlargement in aerospace and defense applications, emphasis on eco-friendly EMI shielding materials, and the incorporation of EMI shielding in PCB layout.
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Which Key Market Drivers Powering EMI Shielding Market Expansion and Growth?
The EMI shielding market is anticipated to grow, driven by the rising demand for consumer electronics. Consumer electronics are electronic gadgets that are intended to be bought and utilized by end-users for daily, non-commercial or professional use. EMI shielding, in electronic devices and equipment, refers to the application of specific manufacturing methods and materials to protect signals from extraneous electromagnetic signal interference as well as interference from generated signals with nearby components. Flat-screen displays, desktop, laptop, and server computers, and handheld devices like GPS units and smartphones employ EMI shielding. Zippia, a US-based online platform, predicted in April 2023 that smartphone usage would reach 7.34 billion by 2025 from 6.92 billion in 2023. This suggests a YoY growth rate of 2-3% by 2025, equating to nearly a billion new users. As a result, the mounting demand for consumer electronics is spurring the expansion of the EMI shielding market.
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What Long-Term Trends Will Define the Future of the EMI Shielding Market?
Key players in the EMI shielding market are entering into strategic alliances to consolidate their market standing. For example, Schlegel Electronic Materials, a firm based in New York with a focus on EMI shielding and thermal management materials, joined forces with the PARASOL consortium in July 2022. This consortium, part of the European Doctoral Network for Safe and Sustainable Electromagnetic Shielding Solutions for Mobility, is dedicated to hiring researchers who are exploring innovative approaches to electromagnetic shielding for mobility applications. The alliance, which comprises six leading universities, aims to condition doctoral candidates in a comprehensive learning environment that prioritizes safety and sustainability in design. A few primary objectives of the PARASOL project include examining advanced EMI shielding techniques like cold spraying and establishing reliable characterization methods over a wide frequency range.
What Are the Emerging Segments in the EMI Shielding Market?
The emi shielding market covered in this report is segmented -
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
Subsegments:
1) By Radiation: Conductive Coatings, Metal Shields, Absorptive Materials
2) By Conduction: Conductive Gaskets, Conductive Foams, Shielded Cables
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Who Are the Global Leaders in the EMI Shielding Market?
Major companies operating in the EMI shielding market include Saint-Gobain S.A., 3M Company, Henkel AG & Co. KGaA, TDK Corporation, PPG Industries, Inc., TE Connectivity Ltd., Parker-Hannifin Corporation, 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.
Which are the Top Profitable Regional Markets for the EMI Shielding Industry?
Asia-Pacific was the largest region in the EMI shielding market in 2024. The regions covered in the EMI shielding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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