EMI Shielding Market Size, Share & Trends Analysis Report By Material (EMC/EMI Filters, Conductive Polymers, Metal Shielding Product), By Industry (Healthcare, Automotive), By Region, And Segment Forecasts, 2023 - 2030
EMI Shielding Market Size, Share & Trends Analysis Report By Material (EMC/EMI Filters, Conductive Polymers, Metal Shielding Product), By Industry (Healthcare, Automotive), By Region, And Segment Forecasts, 2023 - 2030
EMI Shielding Market Growth & Trends
The global EMI shielding market size is anticipated to reach USD 10.4 billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. electromagnetic interference (EMI) shielding involves the use of materials and design techniques to contain or block electromagnetic radiation and prevent it from escaping or entering specific areas or components. The global market is witnessing a significant surge in demand due to its application in various industries, such as automotive, telecommunication & information technology (5G), and consumer electronics. In electronics and telecommunication, EMI shielding is used to improve the signal quality by reducing the network latency and improving the overall network performance.
Rapid advancement in the 5G technology backed by the growing digitalization for improved solutions and services across various industries is a key driver for the market. EMI shielding, used in electronic and electrical systems, enables the prevention of EMI from affecting the performance of sensitive electronic components or disrupting nearby electronic devices. As technology advances, electronic systems are becoming increasingly intricate and delicate. This heightened sensitivity leaves these devices more vulnerable to EMI. Consequently, it becomes imperative to safeguard these devices from EMI to uphold their reliability and performance. Conductive coatings & paints led the material segment and accounted for 32.6% of the global revenue share in 2022.
This type of EMI shielding technique provides a conductive surface that can electively resist or reflect electromagnetic radiation. It helps to protect the sensitive electronic components and devices from interference. Consumer electronics, such as smartphones, wearables, and tablets, contain various electronic components and wireless communication modules. These modules work at different frequencies. Without proper EMI shielding, these components can interfere with each other, leading to degradation in signal, call dropping, and reduced data transfer rates. Hence to improve product reliability, EMI shielding is deployed in consumer electronics.
EMI Shielding Market Report Highlights
On the basis of material, the conductive coatings & paints segment accounted for a significant market share of 32.6% in 2022. As it helps protect sensitive electronic components and devices from interference, it is used in surface shielding solutions, sealing & gasketing
Based on industry, the consumer electronics segment accounted for a significant market share of 31.78% in 2022. Without proper EMI shielding, these components can interfere with each other, leading to degradation in signal, call dropping, and reduced data transfer rates
Asia Pacific accounted for the largest share of the global revenue owing to the presence of electronics and semiconductor manufacturing in the region
North America accounted for a share of 26.4% of the global revenue share in 2022 and the U.S. accounted for 82.2% share of the North America regional market
In March 2023, ETS-Lindgren launched RF shielding products and services for measurement and test applications for satellites. The new products include absorbers, antennas, and passive intermodulation (PIM)
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