Increasing uses of electronic components and systems in automotive, as well as growing adoption of hybrid and electric vehicles are significant factors driving global EMI shielding market revenue growth

Market Size – USD 6.24 Million in 2021, Market Growth – at a CAGR of 4.8%, Market Trends – Growing application of advanced automation technology such as artificial intelligence and multi-agent systems to assist the operation of a vehicle

The global EMI shielding market size is expected to reach USD 9.37 Billion at a revenue CAGR of 4.8% in 2030, according to latest analysis by Emergen Research. Market revenue growth is attributed to rising demand for a wide range of advanced and smart consumer electronics and appliances, ongoing pilot projects and field trials to test the viability of 5G technology, and rising electromagnetic pollution. For instance, on 22 January 2020, Toyo Ink Group developed a new product “LIOELM™ TSS510-HF”, which is a flexible EMI shielding film designed to meet the demands for 5G flexible printed circuits (FPCs). This new product is capable of improving the shield performance of high-frequency transmission signals with increased flexibility.

The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.

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Military and aerospace electronics, medical devices and equipment, industrial equipment touch displays, consumer electronics and appliances, navigation and vehicle control and guidance systems, mass transport systems, and others can all be affected by Electromagnetic Interference (EMI). EMI can cause momentary disruption, data loss, and essential system failure. The worldwide EMI shielding business is increasing, with a rise in number of small, medium, and large scale organizations.

Another factor encouraging electronic product manufacturers to use conductive coatings and paints that offer advanced EMI shielding for non-metallic surfaces and plastics in telecommunication devices and equipment, smartphones and connected devices, consumer electronics, medical and military devices, and others is the increased implementation of government policies to reduce electromagnetic radiations in the environment. Rapidly expanding use of devices connected to Wi-Fi and cellular networks across the globe is expected to drive developments in EMI shielding technologies and solutions, as well as significantly assist the revenue growth of the global EMI shielding market.

Key companies operating in the EMI shielding market include:

Laird, Parker Hannifin Corp., Omega Shielding Products, Schaffner Holding AG, HEICO Corporation, Tech Etch, Inc., Marktek, Inc., RTP Company, ETS-Lindgren, 3M, Nanotech Energy, and Electrolube.

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Emergen Research has segmented the global EMI shielding market based on material type, method, end-use:

• Material Type Outlook (Revenue, USD Billion; 2019-2030)
  • EMI Shielding Tapes & Laminates
  • Conductive Coatings and Paints
  • Metal Shielding Products
  • Conductive Polymers
  • EMI Filters
  • Others

• Methods Outlook (Revenue, USD Billion; 2019-2030)
  • Radiation
  • Conduction

• End-Use Outlook (Revenue, USD Billion; 2019-2030)
  • Consumer Electronics
  • Telecom and IT
  • Automotive
  • Healthcare
  • Defense and Aerospace
  • Others

The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

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Regional Analysis of the EMI shielding Market:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Overview of the EMI shielding Market Report:

• Introduction, Product Scope, Market Overview, and Opportunities
• Analysis of the Manufacturers with sales, revenue, and price analysis
• Comprehensive analysis of the competitive landscape
• Extensive profiling of the key competitors along with their business strategies and market size
• Regional analysis of the market along with sales, revenue, market share, and global position
• Country-wise analysis of the market along with types, applications, and manufacturing
• Strategic recommendations to established players as well as new entrants
• In-depth analysis of the risks, restraints, and limitations in the EMI shielding industry

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