Global EMI Shielding Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global EMI Shielding Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Electromagnetic interference (EMI) can disrupt electronic devices, equipment, and systems that are used in critical applications. Examples include medical, military, and aerospace electronics; mass transit systems; industrial touch screens; and navigation and vehicular control systems and so on. The causes of electromagnetic interference are numerous and include both man-made and natural sources. The results can range from temporary disturbances and data losses to system failure and even loss of life. EMI Shielding in electronic devices and equipment is the use of manufacturing techniques and materials to protect signals from being disrupted by external electromagnetic signals as well as preventing generated signals from interfering with surrounding components.

Market Overview:

The latest research study on the global EMI Shielding market finds that the global EMI Shielding market reached a value of USD 7738.92 million in 2022. It’s expected that the market will achieve USD 11827.34 million by 2028, exhibiting a CAGR of 7.33% during the forecast period.

EMI Shielding Market Trends

With the improvement of EMI Shielding technology, the maturity of EMI shielding tapes and laminates, conductive coatings and paints has increased, and the products have gradually gained recognition from downstream customers, and the output of EMI Shielding companies has continued to expand. At the same time, driven by the market demand of downstream automotive, consumer electronics, defense and aviation industries, the demand for EMI Shielding products continues to grow rapidly. This has prompted EMI Shielding manufacturers to continuously increase investment and expand the production of EMI Shielding products. These factors have prompted the EMI Shielding market to maintain the trend of capacity growth.

EMI Shielding Market Opportunities and Drivers

With the rapid development of new energy vehicles, the degree of intelligentization of vehicles has increased, and the demand for electronic components in vehicles has increased. Automotive electronics have gradually become an important application field of flexible circuit boards, providing broad growth space for EMI Shielding. With the increase in the penetration rate of new energy vehicles, the degree of intelligentization of automobiles has increased. The demand for electronic components in lighting systems, display systems, power systems, battery management systems, and sensors has increased, and the demand for circuit carriers connecting electronic components has correspondingly increased. Expanding, the line carrier becomes more and more complicated. Therefore, EMI Shielding is indispensable for new energy vehicles. The new energy vehicle industry chain will gradually mature, the supporting infrastructure will be further improved, and the market penetration rate of new energy vehicles will steadily increase. The demand for automotive electronics continues to rise, as its upstream EMI Shielding gains room for growth.

EMI Shielding Market Challenges

The R&D teams of EMI Shielding materials and product manufacturing companies need professionals in various fields such as materials, chemicals, automation, mechanical engineering, and information. With the rapid development of the consumer electronics industry, R&D technicians not only need to master the professional knowledge, but also need to have an in-depth understanding and forward-looking understanding of the development trend of the downstream consumer electronics industry. At present, many countries and companies have relatively scarce reserves of professionals in EMI Shielding related fields, and the overall innovation and research and development capabilities of the industry need to be further improved, which poses a challenge to the development of the EMI Shielding industry.

Region Overview:

Asia-Pacific was the largest sales market with a sales value market share of 46.71% in 2016 and
47.30% in 2020, an increase of 0.59%. In 2020, the North America market share was 24.14%,
ranking second.

Company Overview

The top three companies are Parker-Hannifin, HENKEL and Laird Performance Materials with the revenue market share of 11.20%, 8.52% and 5.47% in 2020.

Segmentation Overview:

Among different product types, Conductive coatings & paints segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Automotive segment occupied the biggest share from 2017 to 2022.

Key Companies in the global EMI Shielding market covered in Chapter 3:

Cybershield, Inc
Esco technologies
Tech-Etch, Inc.
Parker-Hannifin
Laird Performance Materials
3M Company
HEICO Corporation
Kitagawa IndustrieS.
Schaffner Holding Ag
FEIRONGDA
HENKEL
JONES
PPG Industries
RTP Company

In Chapter 4 and Chapter 14.2, on the basis of types, the EMI Shielding market from 2018 to 2029 is primarily split into:

EMI shielding tapes & laminates
Conductive coatings & paints
Metal shielding
Conductive polymers
EMI/EMC filters

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the EMI Shielding market from 2018 to 2029 covers:

Consumer electronics
Telecom & IT
Automotive
Healthcare
Aerospace & defense
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)