EMI Shielding Market Outlook: 5 Critical Approaches to Gain Competitive Edge (2023–2033)
EMI Shielding Market Outlook: 5 Critical Approaches to Gain Competitive Edge (2023–2033)
According to a research report published by Spherical Insights & Consulting, The Global EMI Shielding Market Size is Expected to Grow from USD 8.61 Billion in 2023 to USD 15.86 Billion by 2033, at a CAGR of 6.3% during the forecast period 2023-2033.
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EMI shielding is a crucial practice that reduces or blocks electromagnetic fields using conductive or magnetic materials, protecting sensitive electronic devices from interference that can degrade performance or cause failures. The EMI shielding market is thriving due to the increasing complexity and density of electronic gadgets, indicating a growing demand for effective electromagnetic interference protection solutions. As new materials and designs are developed, the EMI shielding industry is changing to meet the increasing electronic noise in sectors like consumer electronics, healthcare, automotive, and telecommunications. Developing effective EMI shielding without sacrificing performance is a challenge as technology advances and our devices become more complicated. 5G uses higher frequencies for faster data transport but also increases electromagnetic interference. EMI shielding helps maintain signal integrity in dense networks with tiny cells. Industries like automotive, healthcare, and manufacturing are embracing 5G for its ultra-fast and reliable connectivity, leading to increased demand for EMI shielding. Various government initiatives such as scientists at CeNS in Bengaluru have created transparent and flexible EMI shields using metal mesh structures, aiming to provide effective shielding without compromising the device’s visual appeal. However, efficient EMI shielding becomes challenging as electronics become smaller, with finding ideal materials and balancing effectiveness, affordability, and sustainability becoming increasingly important, especially with high-frequency technologies like 5G.
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Browse key industry insights spread across 228 pages with 111 Market data tables and figures & charts from the report on The Global EMI Shielding Market Size, Share, and COVID-19 Impact Analysis, By Material (EMC/EMI Filters, Conductive Polymers, and Metal Shielding Product), By Industry (Healthcare, Automotive, and Consumer Electronics), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The conductive polymers segment is anticipated to witness growth at an increasing CAGR in the EMI shielding market during the forecasted years.
Based on the material, the EMI shielding market is classified into EMC/EMI filters, conductive polymers, and metal shielding products. Among these, the conductive polymers segment is anticipated to witness growth at an increasing CAGR in the EMI shielding market during the forecasted years. This market is expanding due to the growing need for lightweight, anti-corrosive EMI shielding, which conductive polymers enable. These materials are perfect for small electronic devices without sacrificing style because of their superior shielding qualities.
The consumer electronics segment is anticipated to hold the largest market share during the projected timeframe.
Based on the industry, the EMI shielding market is divided into healthcare, automotive, and consumer electronics. Among these, the consumer electronics segment is anticipated to hold the largest market share during the projected timeframe. Without proper EMI shielding, electronic components in consumer electronics like tablets, wearables, and smartphones can interfere with one another, resulting in signal degradation and missed calls. Additional parts like Bluetooth, GPS, and Wi-Fi are necessary for the automotive industry to function smoothly because malfunctions can result in accidents.
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North America is estimated to hold the largest share of the EMI shielding market over the forecast period.
North America is estimated to hold the largest share of the EMI shielding market over the forecast period. With the extensive rollout of 5G networks and the growing need for superior EMI shielding solutions, North America, a tech hub, is undergoing a technological revolution. Significant change is also occurring in the automotive industry, especially in electric vehicles, which calls for reliable EMI shielding solutions to ensure seamless operation.
Asia Pacific is predicted to have the fastest CAGR growth in the EMI shielding market over the forecast period. The growing automobile market and the uptake of electric vehicles in the Asia Pacific, a significant global center for electronics manufacturing, are driving up demand for EMI shielding solutions. For seamless operation, the consumer electronics industry in the area, which includes smartphones and smart appliances, also requires EMI shielding.
Major key players in the EMI shielding market include Laird Technologies Inc., 3M Company, Huntsman International LLC, ETS-Lindgren, Omega Shielding Products, RTP Company, PPG Industries, Henkel AG & Co. KGaA, Parker Hannifin Corp., Tech-Etch Inc., HEICO Corp., SCHAFFNER Holding AG, and Others.
Recent Development
- In September 2023, Henkel has introduced the Bergquist gap pad, a silicone-free thermal pad with high thermal conductivity and EMI shielding capacity up to 77GHz frequencies.
- In August 2023, SCHAFFNER Holding AG expanded its range of EMI filtering products with the introduction of a new line of RT-Common mode chokes.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the EMI shielding market based on the below-mentioned segments:
Global EMI Shielding Market, Material
- EMC/EMI Filters
- Conductive Polymers
- Metal Shielding Product
Global EMI Shielding Market, Industry
- Healthcare
- Automotive
- Consumer Electronics
Global EMI Shielding Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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