EMI Shielding Industry

Flexible and Lightweight EMI Shielding Tapes and Laminates: A Game-Changer for 5G and IoT 

The global EMI shielding market is expected to reach USD 9.69 billion in 2029 from USD 7.34 billion in 2024, at a CAGR of 5.7% during the forecast period. Modern electronic systems are becoming increasingly complex, and the density of electromagnetic environments grows. The trend of deployment of 5G networks and smart devices together with autonomous technologies creates a demand for EMI shielding solutions to handle higher frequencies and greater signal interference. Other industries, like automotive and aerospace, are seeing more insertions of electronic components for advanced driver-assistance systems (ADAS) and fly-by-wire systems, which are very sensitive to EMI.

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The industry's trends include using conductive polymers and nanocomposites for extremely lightweight, high-performance shielding and sustainable and environmentally friendly materials. In addition, the increasing trend in wearable and portable devices further creates a need for flexible, thin, and durable shielding solutions, furthering the scope of application for the consumer and industrial segments.

Based on material, EMI Shielding tapes and laminates are expected to have the highest growth rate due to their versatility and ease of application coupled with their cost-effectiveness in dealing with challenges from electromagnetic interference across diverse industries. These materials are favored particularly in consumer electronics, the automotive sector, and in telecommunications because they can be conformed into complex shapes for effective shielding in compact and intricate device designs. Along with the growing demand for 5G, IoT devices, and electric vehicles, there is a soaring need for flexible, lightweight, and efficient shielding solutions.

Based on industry, the consumer electronics sector to have the largest market segment for EMI shielding because of the extensive spread of consumer electronic devices including smartphones, laptops, tablets, wearables, gaming consoles, and smart home appliances. As these products become increasingly smaller with high-performance features, higher electromagnetic interference emissions are produced, which can interfere with the device's operation and other devices near it. The deployment of advanced technologies such as 5G, IoT, and wireless charging increases the need for strong EMI shielding to ensure signal integrity and meet the strictest EMC regulations.

Based on region, Asia-Pacific region is expected to grow at the highest rate in the EMI shielding market because of its robust electronics manufacturing base, rapid industrialization, and increased adoption of advanced technologies like 5G, IoT, and electric vehicles. Countries such as China, Japan, South Korea, and Taiwan are major hubs for producing consumer electronics, automotive components, and telecommunication devices, which will spur the demand for EMI shielding solutions. Increases in investment by regions in infrastructural growth, government spending in industrial automation, and the shift toward smart cities have increased the adoption of EMI-sensitive devices and systems.

Major players operating in the EMI shielding market includes Parker Hannifin Corp (US), PPG Industries Inc (US), 3M (US), Henkel AG & CO. KGAA (Germany), Laird Technologies, Inc. (US), Leader Tech Inc.(US), MG Chemicals (Canada), Nolato AB (Sweden), Tech Etch, Inc. (US), RTP Company (US). These companies have advanced manufacturing facilities and very extensive distribution networks covering crucial geographies such as North America, Europe, and Asia-Pacific. These companies have a strong reputation for delivering high-quality products and services and a well-established portfolio that showcases their strong industry expertise. These companies have a robust presence in the market, which has been supported through a strategic business initiative that has helped them acquire and maintain a significant market share. The constant investment in innovation and customer-centric solutions only strengthens their competitive edge. Their global footprint puts them in a strong position to drive the new opportunities arising in the market.