EMI Shielding Forecast Report – Designed for Decision Makers and Product Teams
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What Is the Growth Rate of the EMI Shielding Market?
The market size of EMI shielding has been experiencing consistent growth over the past few years. The market is projected to rise from $6.82 billion in 2024 to $7.16 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.9%. The historic growth is credited to factors such as the enhanced usage of electronic devices, progression in telecommunication infrastructure, developments in automotive electronics, the widespread adoption of wireless technology, and the escalating trend of miniaturizing electronics.
What Growth Rate Is Forecasted for the EMI Shielding Market by 2029?
The market for EMI shielding is predicted to experience robust growth in the coming years. It’s anticipated to escalate to $8.99 billion by 2029, with a compound annual growth rate (CAGR) of 5.9%. This growth across the projected period is largely due to the rapid advancement in 5G technology, the proliferation of the Internet of Things (IoT), amplified electrification in vehicles, a rising trend of wearable devices, and escalating aerospace and defense applications. Key trends forecasted for this period involve strict emit regulations, an increase in aerospace and defense applications, focus on sustainable emit shielding materials, and the integration of emit shielding in PCB design.
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Which Key Companies Are Shaping the Future of 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 Factors Are Driving Demand in the EMI Shielding Industry?
The escalation in the consumer electronics industry is anticipated to propel the expansion of the EMI shielding market. Consumer electronics, defined as electronic equipment meant to be purchased and utilized by consumers for daily and non-commercial or professional functions, are on the rise. The term EMI shielding in this context implies the application of specific manufacturing techniques and substances to protect signals from external electromagnetic signal interference, as well as preventing signals from interrupting nearby components. This form of shielding is employed in numerous consumer electronics like flat-screen displays, desktops, laptops, server computers, and portable electronic gadgets such as GPS devices and smartphones. For example, Zippia, a United States-based digital platform, predicted in April 2023 that the total smartphone users will soar to 7.34 billion by 2025, from 6.92 billion in 2023. This suggests a YoY (year-on-year) expansion rate of 2-3% by 2025, equivalent to almost a billion fresh users. Consequently, this surging demand in consumer electronics is fueling the expansion of the EMI shielding market.
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How Is the EMI Shielding Market Segmented by Several Divisions?
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
What are the Emerging Market Trends Driving the Growth of the EMI Shielding Industry?
Prime companies in the EMI shielding market are entering strategic alliances in order to reinforce their market presence. For example, Schlegel Electronic Materials, a firm based out of New York that focuses on electromagnetic interference (EMI) shielding and thermal management materials, initiated a collaboration in July 2022. Their partner is the PARASOL consortium, part of the European Doctoral Network committed to Electromagnetic Shielding Solutions for Safe and Sustainable Mobility. They aspire to engage researchers who concentrate on electromagnetic shielding, with the goal of crafting groundbreaking solutions for mobility applications. Six prominent universities are part of this alliance aimed at equipping PhD students in a multifaceted framework emphasizing safety and sustainability in design. Key goals of the PARASOL project include uncovering advanced EMI shielding techniques like cold spraying, and constructing strong characterization approaches over a wide frequency range.
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Which Regions Are Driving Growth in the EMI Shielding Market?
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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This Report Delivers Insight On:
1. How big is the emi shielding market, and how is it changing globally?
2. Who are the major companies in the emi shielding market, and how are they performing?
3. What are the key opportunities and risks in the emi shielding market right now?
4. Which products or customer segments are growing the most in the emi shielding market?
5. What factors are helping or slowing down the growth of the emi shielding market?
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