EMI Shielding Market Scope
EMI Shielding which can also be named as Electromagnetic Interference Shielding Materials. These materials are used as surrounding materials to electronic devices with materials to protect them against the electromagnetic frequencies emitted by other electronic devices. EMI shielding materials are majorly used in drones, smartphones, GPS systems, and many other electronic appliances. Thus, the increasing demand for the EMI Shielding will show significant growth over the forecasting years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
Key Companies Profiled | Chomerics (United States), Laird Plc. (United Kingdom), PPG Industries Inc. (United States), Henkel AG & Co. KGaA (Germany), RTP Company, Inc. (United States), 3M Company (United States), Kitagawa Industries Co., Ltd. (Japan), Tech-Etch, Inc. (United States), Leader Tech Inc. (United States) and Schaffner Holding AG (Switzerland) |
CAGR | 7.0% |
"According to AMA, the Global EMI Shielding market is expected to see growth rate of 7.0% and may see market size of USD7.95 Billion by 2030."The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Research Analyst at AMA estimates that United States, European, and Japanese Players will contribute to the maximum growth of Global EMI Shielding market throughout the predicted period.
Chomerics (United States), Laird Plc. (United Kingdom), PPG Industries Inc. (United States), Henkel AG & Co. KGaA (Germany), RTP Company, Inc. (United States), 3M Company (United States), Kitagawa Industries Co., Ltd. (Japan), Tech-Etch, Inc. (United States), Leader Tech Inc. (United States) and Schaffner Holding AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are ETS-Lindgren Inc. (United States), Holland Shielding Systems B.V. (Netherlands) and Digi-Key Electronics (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global EMI Shielding market by Type and Region with country level break-up.
On the basis of geography, the market of EMI Shielding has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In March 2023, Parker Hannifin Corporation announced the acquisition of Chomer EMI Shielding, a leading provider of EMI shielding solutions for the aerospace, defense, and industrial markets.
In June 2023, KEMET Corporation announced the expansion of its EMI/RFI filter capacitor product line with the introduction of the KEMET EMI/RFI Filter Capacitor, X7R Dielectric.
The United States Government is one of the largest procurer and user of electronic products and systems. On the military side, the Department of Defense (DOD) has recognized the importance of EMI shielding and issued many specifications and standards regarding the same. On the household and civilian side, under authority of the Communications Act of 1934’s amendment of 1982, the Federal Communications Commission (FCC) has been charged with regulation of the import, export, manufacturing, sales, shipment as well as use of electronic devices and products which may either emit to cause interference to radio reception or be affected by the electromagnetic environment so that their designed performances are degraded. After conducting many hearings to receive comments from the industry and general public, the FCC frequently issues rules and regulations to enforce EMC.
Influencing Trend:
Growing Need to Comply with Stringent EMC Regulations and Robust Developments in EMI Shielding Materials such as Polymer Matrix Composites, Carbon Nanotubes and Many Others
Market Growth Drivers:
Introduction to 5G in Developed Countries and 4G in Developing Countries and Upsurging Demand for Smartphones, Global Positioning Systems and Many other Digitalize Devices
Challenges:
Growing Raw Material Costs for Electronics Components and Upsurging Distribution Overheads across the Globe
Restraints:
Comparatively Maximum Cost Associated with the EMI Shielding Operations
Opportunities:
Prevailing Instances of Electronic Radiations from Electronic Components and Established Consumer Base Smart for and Electromagnetically Sensitive Electronic Appliances
Key Target Audience
EMI Shielding Solution Suppliers, EMI Shielding Component Suppliers, EMI Shielding Regulatory Bodies, Advanced Chemical Material Suppliers, Banks, Financial Institutions, Investors, and Venture Capitalists, Technology Investors and Others