EMI Shielding Market Size & Share, by Material (Tapes & Laminates, Conductive Coatings & Paints, Metal Shielding, Conductive Polymers, EMI Filters); Method (Radiation, Conduction); Application (Automotive, Defense & Aerospace, Healthcare, Telecom & IT, Consumer Electronics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4320
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

 Global EMI Shielding Market Definition 

Electromagnetic interface (EMI) shielding is a process that is used for absorption of the electromagnetic radiation by being positioned in the middle of electromagnetic fields. This technique of creating a barrier that prevents leakage of a strong electromagnetic field interferes with sensitive devices and signals and helps in increasing the durability of most electronics along with enhancing the performance of the circuit. Using conductive or magnetic barriers also minimizes corrosion and oxidation and prevents the electromagnetic field inside a physical field. It entails screening through conductive coatings, metals, and laminates consisting of copper, aluminum, and stainless steel to capture EMI that is carried through the air.

The transmission of signals from one system to another is known as electromagnetic interference (EMI). An EMI is comprised of three parts- the source, the path, and the receiver. The source and receiver are the two systems. The source is usually the external circuit or phenomenon that generates the interruption, which might be natural consisting of lightning, auroras, cosmic microwave background, and solar radiation. The interruption can be man-made comprising cellular networks, radio waves, power transmission lines, measurement, and control devices.

There are mainly two types of EMI shielding referred to as broadband EMI and narrowband EMI. Narrowband EMI happens within a specific frequency range or even a single frequency. This EMI is generated by radios, television stations, and cell phones. It might happen on an intermittent or constant basis. This sort of EMI, while disruptive, does not damage equipment, whereas broadband EMI, which arises over a larger range and can affect electronic devices. Broadband EMI can be triggered by a vehicle, an automobile ignition, faulty fluorescent lights, malfunctioning power lines, or a jet engine. EMI shielding has a wider scope in various industries. In the healthcare sector, EMI shielding is utilized in various kinds of medical devices to avoid equipment failure or anomalies resulting from electrical, magnetic, or radiofrequency signal interference, enhancing patient safety and lowering healthcare expenses.

Global EMI Shielding Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~6%

Base Year Market Size (2022)

~ USD 7 Billion

Forecast Year Market Size (2035)

~ USD 16 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

Global EMI Shielding Market Size, Forecast, and Trend Highlights Over 2023 - 2035

The global EMI shielding market is estimated to garner a revenue of ~USD 16 Billion by the end of 2035 by growing at a CAGR of ~6% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of ~USD 7 Billion in the year 2022. The growth of the market can be attributed to the major expansion of the manufacturing industry worldwide. Manufacturers are extensively using EMI shielding for conductive coatings in various products such as smartphones and military devices which is projected to bring lucrative opportunities in the market growth. For instance, recent reports calculated that in 2022, the manufacturing industry of the United States region generated an amount of approximately USD 6 trillion. In addition, the notably increasing electromagnetic pollution as of digitalization, followed by the worldwide rising adoption of electric vehicles are also projected to propel the growth of the global EMI shielding market over the forecast period.

EMI-Shielding-Market-scope. In addition to these, factors that are believed to fuel the market growth of EMI shielding include the surging ratio of manufacturers who are tapping into the manufacturing industry to provide a protective shield in products to prevent them from electromagnetic waves. The benefits and characteristics of electromagnetic interference shielding have prompted its adoption rate. Thus, an increase in the proportion of enterprises in the manufacturing industry is expected to bolster the sales of EMI shielding in the assessment period. For instance, in 2022, it was calculated that the number of manufacturing businesses counted around 638,590 in the U.S. Moreover, increasing demand for consumer electronics, along with the advancement in telecommunication are some added factors that are anticipated to fuel the market growth throughout the forecast period.

Global EMI Shielding Market: Growth Drivers and Challenges

Growth Drivers

  • Growth in the Automotive Industry – EMI shielding technology is being heavily used in the automotive industry to enhance the user experience. Automatic sliding doors, keyless ignition, remote starters, power seats, and power windows are being enabled by employing EMI shielding. Thus, the rise in the automotive industry is expected to fuel the EMI shielding market growth. For instance, India is all set to possess the 3rd largest automotive sector in the world, with a revenue generation of 200 billion dollars by 2031.

  • Rise in the Electronics Industry – As of the surge in the production of electronics across different spectrums such as aerospace, automotive, telecom & IT, healthcare, and consumer electronics, the utilization of EMI shielding is anticipated to rise considerably to prevent the electronics from malfunctioning. Thus, the rise in the electronics industry is estimated to boost market growth further in the coming years. For instance, the revenue generated by the U.S. electronics industry in 2019 stood up at USD 300 billion.

  • Increased Focus on Expanding Telecom Services – The increased demand for steady and stable telecom services by emergency responders, police personnel, and hospital workers is considered to be a growth driver for the increased adoption rate of EMI shielding. Thus, the high spending on telecom services is projected to expand the EMI shielding market size. In 2020, approximately, USD 1,550 billion were spent across the world on telecom services.

  • Rise in Expenditure on Research and Development Activities – The data shared by the World Bank revealed that 2.63% of the total Gross Domestic Product (GDP) expenditure was made in 2020, an increment from 2018 with only 2.2% of the total expenditure.

  • Worldwide Surging Investment in Digitalization – For instance, global investment in digital transformation is estimated to nearly double between 2022 and 2025, from approximately USD 1.7 trillion to USD 2.7 trillion.

Challenges

  • High Costs of EMI shielding Process - The cost of testing compliance with the norms of various operations, such as cleaning, loading, and unloading, masking, is typically included in the price of EMI shielding solutions. The ultimate product's overall cost goes up as a result of this added expense, which is anticipated to hamper the market growth during the forecast period.
  • Additional Expenses Incurred in the Production Process
  • Miniaturization of Electronic Devices

Market Segmentation

The global EMI shielding market is segmented and analyzed for demand and supply by application into automotive, defense & aerospace, healthcare, telecom & IT, and consumer electronics. Out of these five segments, the automotive segment is expected to garner the largest market share over the projected time frame. The growth of the segment can be attributed to the rise in demand for the production of vehicles across the world, as the implementation of EMI shielding has radically surged in remote starters, automatic sliding doors, and power seats in automotive. As per the Organization of Motor Vehicle Manufacturers, the global production of vehicles was 80,145,988 units in 2021. This is a rise from 77,711,725 units in 2020. Besides this, the growing adoption and demand for electric vehicles are also estimated to accelerate the segment growth further over the projected time frame.

The global EMI shielding market is also segmented and analyzed for demand and supply by material into tapes & laminates, conductive coatings & paints, metal shielding, conductive polymers, and EMI filters. Amongst these segments, the conductive coatings & paints segment is expected to garner a significant share during the forecast period. The growth of the segment can be attributed to the growing ratio of smart coatings in several industries for cleaning and healing objectives. Moreover, the reduced inspection time, fewer equipment errors, and cost-effectiveness of conductive coatings & paints are some further factors that are anticipated to boost the growth of the segment throughout the forecast period.

Our in-depth analysis of the global EMI shielding market includes the following segments:

                   By Material

  • Tapes & Laminates
  • Conductive Coatings & Paints
  • Metal Shielding
  • Conductive Polymers
  • EMI Filters

                 By Method

  • Radiation
  • Conduction

               By Application

  • Automotive
  • Defense & Aerospace
  • Healthcare
  • Telecom & IT
  • Consumer Electronics
 

Global EMI Shielding Market Regional Synopsis

The Asia Pacific EMI shielding market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The growth of the market can be attributed majorly to the huge proportion of facilities that are producing automobiles in the region. Furthermore, the increased demand and production of automobiles in the region are also expected to generate large revenue for the market in the region. As per the International Organization of Motor Vehicles, the total production of vehicles in the APAC region was 46,732,785 units in 2021, a rise from 44,276,549 units in 2020. Similarly, the total sales in the region were 42,663,736 units in 2021, a rise from 40,322,544 in 2020. In addition to this, the high consumption of chemicals is another significant growth driver of the EMI shielding market size in the region throughout the projected time frame. For instance, as of 2020, the chemical industry of the Asia Pacific region contributed to around 60% of the revenues generated by the global chemical industry.

Furthermore, the North American EMI shielding market is also estimated to display notable market growth by the end of 2035. The growth of the market can be attributed to the presence of well-established semiconductor and electronics industries, along with the substantial investment in research and development activities in the region. For instance, Semiconductor manufacturing organizations in the United States invested around one-fifth of yearly revenue in R&D activities, totaling a record around USD 51 billion in 2021. Moreover, dynamically rising demand for consumer electronics products, as well as increasing penetration of 5G technology is also anticipated to contribute to the market growth in the region over the projected time frame.

EMI-Shielding-Market-Regional.

Top Featured Companies Dominating the Global EMI Shielding Market

  • 3M
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Parker-Hannifin Corporation
  • The Dow Chemical Company
  • ETS-Lindgren Inc.
  • Henkel AG & Co. KGaA
  • KITAGAWA INDUSTRIES America, Inc.
  • Laird Performance Materials (DuPont de Nemours, Inc.)
  • Leader Tech Inc.
  • PPG Industries, Inc.
  • RTP Company  


In-the-news

In the News

  • The Dow Chemical Company launched DOWSIL EC-6601 Electrically Conductive Adhesive, a next-generation flexible silicone adhesive with electrical conductivity. With exceptional mechanical and conductive properties coupled with superior EMI shielding, this adhesive has broad applications in transportation, communications, and consumer applications.

  • Parker Hannifin Corporation has joined forces with Eviation Aircraft to develop six technology system packages for Alice, the first-of-its-kind all-electric commuter aircraft.


Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 4320
  • Published Date: Feb 14, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The rise in demand for consumer electronics along with the expansion of the automotive industry and worldwide surging investment in digitalization are some of the factors that are expected to propel the market growth in the forecast period.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 – 2035.

The high costs of EMI shielding process coupled with additional expenses incurred in the production process and miniaturization of electronic devices are some of the factors that are expected to hamper the market growth.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are 3M, Parker-Hannifin Corporation, The Dow Chemical Company, ETS-Lindgren Inc., Henkel AG & Co. KGaA, KITAGAWA INDUSTRIES America, Inc., LEADER TECH INC., PPG Industries, Inc., RTP Company, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by material, method, application, and by region.

The automotive segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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