The global EMI shielding market grew at a CAGR of around 6% during 2014-2019.
Electromagnetic interference (EMI) shielding refers to the process of preventing radio frequency interference (RFI) from damaging sensitive mechanical devices. It involves screening through conductive coatings, metals and laminates, made using copper, aluminum and stainless steel to absorb EMI that is transmitted through the air. It also obstructs the electromagnetic field within a physical space by using barriers of conductive or magnetic materials and minimizes corrosion and oxidation. Owing to this, it finds extensive applications across various industries, including automotive, defense, military, aerospace, healthcare, telecommunications and information technology (IT).
Rapid industrialization is one of the key factors driving the growth of the market. Furthermore, widespread utilization of EMI shielding in consumer electronics is also providing a boost to the market growth. In line with this, product manufacturers are using conductive coatings and paints that offer EMI shielding for non-metallic surfaces and plastics in smartphones and telecommunication, medical and military devices. Apart from this, significant growth in the automotive industry is also creating a positive impact on the market growth. EMI shielding is extensively used in this industry in GPS navigation and infotainment systems, hands-free features and Bluetooth devices to ensure minimal EMI and optimal performance of the equipment. Other factors, including various advancements in the 4G and 5G network technologies, along with the implementation of favorable government policies to minimize electromagnetic radiations in the environment, are projected to drive the market further. Looking forward, the analyst expects the market to witness moderate growth during the forecast period (2020-2025).
Breakup by Material: EMI Shielding Tapes and Laminates Conductive Coatings and Paints Metal Shielding Conductive Polymers EMI/EMC Filters Others
Breakup by Shielding Method: Radiation Conduction
Breakup by End-Use Industry: Consumer Electronics Smartphones Tablets Television Others Telecom and IT Automotive Healthcare Defense and Aerospace Others
Breakup by Region: North America United States Canada Asia Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
Competitive Landscape: The competitive landscape of the industry has also been examined with some of the key players being 3M Company, Parker Chomerics (Parker Hannifin Corporation), Dow Inc., ETS-Lindgren (ESCO Technologies Holding Inc), Henkel AG & Co. KGaA, Kitagawa Industries (Nitto Kogyo Corporation), Laird Technologies Inc. (Advent International), Leader Tech Inc. (HEICO Corporation), PPG Industries, RTP Company (Miller Waste Mills Inc.), Schaffner Holding AG, Tech-Etch Inc., etc.
Key Questions Answered in This Report: How has the global EMI shielding market performed so far and how will it perform in the coming years? What are the key regional markets? What is the breakup of the market based on the material? What is the breakup of the market based on the shielding method? What is the breakup of the market based on the end-use industry? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the market? What is the structure of the global EMI shielding market and who are the key players? What is the degree of competition in the market?
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