What is Global Electromagnetic (EMI) Shielding Market?
The Global Electromagnetic (EMI) Shielding Market is a vast and dynamic sector that deals with the production and distribution of materials used to protect electronic devices from electromagnetic interference. This interference can disrupt the functioning of electronic devices and can even cause them to fail. EMI shielding materials are used to prevent this from happening. These materials are designed to absorb or reflect the electromagnetic radiation that causes the interference, thereby protecting the device. The market for these materials is vast and varied, with a wide range of products available to suit different needs and applications. The global EMI shielding market was valued at a significant US$ 6302.7 million in 2022, and it is expected to grow even further in the coming years. However, specific data on the future growth of this market is not available at this time.
Polymer EMI Shielding Materials, Metal EMI Shielding Material in the Global Electromagnetic (EMI) Shielding Market:
The Global Electromagnetic (EMI) Shielding Market is divided into two main categories based on the type of material used: Polymer EMI Shielding Materials and Metal EMI Shielding Materials. Polymer EMI Shielding Materials are made from a variety of polymers that have been treated to have electromagnetic shielding properties. These materials are lightweight, flexible, and can be easily molded into different shapes, making them ideal for use in a wide range of electronic devices. On the other hand, Metal EMI Shielding Materials are made from various metals or metal alloys that have high electrical conductivity. These materials are typically heavier and more rigid than their polymer counterparts, but they offer superior shielding performance. The choice between these two types of materials depends on the specific requirements of the device and the environment in which it will be used.
Consumer Electronics, Communication, Defense and Aviation, Others in the Global Electromagnetic (EMI) Shielding Market:
The Global Electromagnetic (EMI) Shielding Market finds its applications in a variety of sectors, including Consumer Electronics, Communication, Defense and Aviation, among others. In the Consumer Electronics sector, EMI shielding materials are used in a wide range of devices, from smartphones and tablets to televisions and gaming consoles. These materials help to ensure that these devices function properly and reliably, even in environments with high levels of electromagnetic interference. In the Communication sector, EMI shielding materials are used to protect communication devices and systems from interference that could disrupt signals and cause communication failures. In the Defense and Aviation sectors, these materials are used to protect sensitive electronic equipment from the potentially damaging effects of electromagnetic interference.
Global Electromagnetic (EMI) Shielding Market Outlook:
The Global Electromagnetic (EMI) Shielding Market is a thriving sector with a promising future. In 2022, the market was valued at US$ 6302.7 million and is projected to reach US$ 7613.8 million by 2029, growing at a CAGR of 3.2% during the forecast period from 2023 to 2029. The Asia-Pacific region, being the largest consumer market, holds a dominant position in this field, accounting for 77% of the global market. The consumer electronics application segment has the highest penetration rate, contributing to 52% of the total EMI Shielding demand. The top three players in the global market are Henkel, Dow, and Parker Chomerics, collectively accounting for 10% of the overall market.
Report Metric | Details |
Report Name | Electromagnetic (EMI) Shielding Market |
Accounted market size in 2023 | US$ 6302.7 million |
Forecasted market size in 2029 | US$ 7613.8 million |
CAGR | 3.2 |
Base Year | 2023 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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By Region |
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By Company | Henkel, Dow, Parker Chomerics, H.B. Fuller, 3M, Laird Technologies, Shenzhen FRD Science & Technology Co., Ltd., Heico, TATSUTA, TDK, Suzhou Anjie Technology Co., Ltd., Guangzhou Fangbang Electronics Co., Ltd., Panasonic, Tech-Etch, TOKIN Corporation, Vacuumschmelze, Shenzhen HFC Shielding Products Co., Ltd. |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |