Leading Companies Fueling Growth and Innovation in the EMI Shielding Market

The electromagnetic interference (EMI) shielding market is set to experience significant growth in the coming years, driven by the increasing reliance on smart and connected devices. As electronic components become more sophisticated and widespread across various industries, effective EMI control solutions are becoming critically important. This report provides a detailed overview of the EMI shielding market's future potential, key players, emerging trends, and market segmentation.

Projected Growth and Market Size of the EMI Shielding Industry
The EMI shielding market is anticipated to expand steadily, reaching a market value of $9.1 billion by 2030. This growth corresponds to a compound annual growth rate (CAGR) of 5.3% over the forecast period. The market's expansion is primarily fueled by the rising demand for improved EMI control in connected and smart devices, an increase in electronic content within electric vehicles, accelerated deployment of 5G and other high-bandwidth communication systems, and the growing use of healthcare electronics and diagnostic instruments. Additionally, the adoption of lightweight shielding materials continues to gain momentum, further supporting market growth. Key trends that will shape the industry include a heightened need for high-frequency interference protection, greater use of miniaturized shielding materials in compact electronics, adoption of conductive polymers for lightweight shielding, broader EMI mitigation in telecom equipment, and increased shielding requirements for advanced aerospace and medical electronics.

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Key Drivers Behind the Expansion of the EMI Shielding Market
The surge in connected and smart devices worldwide is creating a strong need for effective EMI shielding solutions to ensure device performance and reliability. As more electronic systems integrate into daily life, protecting these devices from electromagnetic disturbances is becoming increasingly critical.
Meanwhile, the automotive sector's shift towards electric vehicles is driving demand for enhanced EMI shielding. Electric vehicles contain a higher volume of electronic components that require advanced shielding to maintain safety and functionality, pushing the market forward.

Leading Companies Dominating the EMI Shielding Market
Several major corporations are influential players in the EMI shielding landscape. These include Saint-Gobain S.A., 3M Company, Henkel AG & Co. KGaA, TDK Corporation, PPG Industries, Inc., TE Connectivity Ltd., Parker-Hannifin Corporation, and Huntsman International LLC. Other notable companies include 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., and Sealing Devices Inc.
Additional important market participants include 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, and Marktek Inc.

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Significant Acquisition Strengthens EMI Shielding Portfolio
In April 2023, Sweden-based manufacturer Nolato AB, known for its polymer components and systems, acquired UK-based P&P Technology Ltd. Although the financial terms were not disclosed, this strategic move aims to enhance Nolato's electromagnetic compatibility (EMC) shielding offerings by incorporating P&P's materials-based electronic shielding solutions. This acquisition also extends Nolato's footprint in the UK market. P&P Technology Ltd. specializes in EMC shielding products including windows, valves, and gaskets, which are vital components for EMI protection.

Emerging Trends Influencing the EMI Shielding Market
Companies in the EMI shielding sector are increasingly dedicating resources to developing advanced EMI mitigation solutions tailored for complex electronic systems. The demand for high-performance devices with robust EMI protection is pushing innovation in materials and technologies.
For example, in August 2023, Switzerland-based Schaffner Holding AG launched a new series of RT-Common Mode Chokes designed to enhance EMI filtering in robotic and motor drive applications. These chokes effectively reduce common mode noise on electrical grids, preventing interference that could impair sensitive equipment operation. This product introduction highlights the growing focus on specialized EMI solutions in emerging industrial technologies.

Detailed Segmentation of the EMI Shielding Market
This report outlines the EMI shielding market using several key segmentation criteria:
1) By Methods: Radiation and 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, and Other End Users

Further subcategories within the radiation method include conductive coatings, metal shields, and absorptive materials. For the conduction method, the subsegments cover conductive gaskets, conductive foams, and shielded cables, detailing the variety of technical approaches used for EMI shielding across industries.

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This release was published on openPR.