The EMI Shielding Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected EMI Shielding Market Size During the Forecast Period?
Over the recent years, the EMI shielding market has seen a consistent expansion. The market size is predicted to increase from $6.82 billion in 2024 to $7.16 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%. The past growth can be credited to the rise in usage of electronic devices, improvements in telecommunication infrastructure, advancement of automotive electronics, the spread of wireless technology, and an increase in the miniaturization of electronics.
Anticipated robust expansion is in store for the EMI shielding market in the forthcoming years. It’s projected to ascend to $8.99 billion by the year 2029, with a compound annual growth rate (CAGR) of 5.9%. Factors contributing to this growth during the forecast period include the swift advancement in 5G technology, development in the realm of the Internet of Things (IoT), increased electrification in vehicles, and a rise in the use of wearable devices, in addition to the expanding aerospace and defense applications. Key tendencies during this time frame range from stringent emit regulations to expansion in aerospace and defense application, emphasis on environmentally friendly emit shielding resources, and integration of emit shielding within PCB design.
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What Are the High-Growth 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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What Key Drivers Are Expected to Influence Future EMI Shielding Market Growth?
The EMI shielding market is likely to be propelled by the increasing need for consumer electronics. These are devices conceived to be bought and utilized by consumers for everyday and non-commercial or professional uses. EMI shielding, which is used in electronic devices and equipment, signifies the application of fabrication procedures and substances to shield signals from getting disturbed by external electromagnetic signals or signals generated that may disrupt nearby components. Flat screen monitors, desktop computers, laptops, server computers, as well as portable devices like GPS devices and smartphones make use of EMI shielding. As reported by Zippia, an online platform in the US, in April 2023, the quantity of smartphone users is anticipated to hit 7.34 billion by 2025, a marked increase from 6.92 billion in 2023. This entails a year-on-year growth rate of 2-3% by 2025, roughly equivalent to just under a billion new users. Hence, the burgeoning demand for consumer electronics is fuelling the growth of the EMI shielding market.
Which Companies Hold the Largest Share Across Different EMI Shielding Market Segments?
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.
What Are the Latest Developing Trends in the EMI Shielding Market?
Leading corporations in the EMI shielding market are entering into strategic partnerships to bolster their market stance. For instance, Schlegel Electronic Materials, a firm based in New York, known for its expertise in EMI shielding and thermal management materials, joined forces with the PARASOL consortium, an entity within the European Doctoral Network for Safe and Sustainable Electromagnetic Shielding Solutions for Mobility, in July 2022. The collaboration aimed to hire researchers concentrating on electromagnetic shielding to create pioneering solutions for mobility use cases. This alliance, involving six renowned universities, aspires to edify PhD scholars in a setting that underscores design safety and sustainability. The key goals of the PARASOL project encompass exploring progressive EMI shielding methods such as cold spraying, and crafting sturdy characterization methods that span a wide frequency range.
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What Are the Emerging Geographies for The EMI Shielding Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the EMI Shielding Market?
2. What is the CAGR expected in the EMI Shielding Market?
3. What Are the Key Innovations Transforming the EMI Shielding Industry?
4. Which Region Is Leading the EMI Shielding Market?
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