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Global EMI Shielding Market is valued at USD 6.21 Billion in 2019 and expected to reach USD 8.91 Billion by 2026 with the CAGR of 5.30% over the forecast period.
Increasing demand for EMI shielding material from consumer electronics and automobiles industries are expected to boost the growth of EMI Shielding Market over forecast period.
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Scope of Global EMI Shielding Market Reports –
EMI shielding is the practice of reducing the electromagnetic field in a space by blocking the field with barriers made of conductive or magnetic materials. This EMI Shielding is typically applied to enclosures to isolate electrical devices from their surroundings, and to cables to isolate wires from the environment through which the cable runs. The EMI shielding that blocks radio frequency (RF) electromagnetic radiation is also known as RF shielding. Hence, the EMI shielding material is widely used for preventing damages to the electronic devices or equipment’s caused due to electromagnetic interference. This EMI shielding material finds use in various industries such as consumer electronics, telecommunication and IT and automotive etc. However, the EMI shielding is conducted for several reasons. Therefore, the most common purpose is to prevent electromagnetic interference (EMI) from affecting sensitive electronics. The Metallic mesh shields are often used to protect one component from affecting another inside a particular device. The main purpose of effective EMC Shielding is to prevent electromagnetic interference (EMI) or radio frequency interference (RFI) from impacting sensitive electronics. This is achieved by using a metallic screen to absorb the electromagnetic interference that is being transmitted through the air. The advantages of EMI shielding materials include flexible metal screens, metal wires, and metal foams. Moreover, the Coatings made of metallic inks are also applied to the interiors of electronic enclosures to provide EMI shielding. These of each shielding methods has its advantages, but particle-filled silicones combine the electrical properties of metals with the material properties of silicone rubber. For the development of high performance microwave absorption materials, magnetic nanostructures have been of great interest in the last few years. Their low cost facile synthesis along with the high biodegradability and biocompatibility advantages of iron and other components have made them desirable materials relative to other transition-metals in terms of potential function.
EMI Shielding Companies:
Some major key players for Global EMI Shielding Market are,
Laird Plc., 3M, Chomerics, RTP Company, Marktek Inc., ETS-Lindgren, Tech-Etch, Inc., Omega Shielding Products, HEICO Corporation, Schaffner Group, Others
Global EMI Shielding Market report is segmented on the basis of type, application, and by regional & country level. Based on type, global EMI Shielding market is classified as the Conductive Coatings and Paints, Conductive Polymers, EMI/EMC Filters, Metal Shielding Products and others. Based upon application, global EMI Shielding is classified into Telecommunication and IT, Healthcare, Automotive, Aerospace and defense, Consumer electronics and others.
The regions covered in this EMI Shielding market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global EMI Shielding Market Dynamics –
The EMI Shielding market is anticipated to grow owing to factors such as high demand of EMI shielding materials from 4G/LTE cellular infrastructure worldwide and stringent environmental & EMC regulations across various industries. According to World Health Organization (WHO) in 2018, the global electric car fleet exceeded 5.1 million, up 2 million from the previous year and almost doubling the number of new electric car sales. In addition, the exposure of electromagnetic radiations causes health hazards such as headache, insomnia, and nervousness, and hence government has implemented stringent regulation against use of EMI in various industries, which in turn is expected to propel growth of the target market over the forecast period. According to World Health Organization (WHO) in 2019 the consumer electronics (ACE) market reached about 76,400 crore and 10.93 billion in 2019. Appliances and consumer electronics industry is expected to double to reach about 1.48 lakh crore 21.18 billion by 2025.However, high cost associated with the EMI shielding is expected to hamper growth of the global EMI shielding materials market over the forecast period. As technology has become an integral part of daily life, electromagnetic interference/signals have increased manifold. The advanced technology electronics in a vehicle become, especially those related to engine performance, the more crucial the need for effective EMI shielding becomes. For this reason, auto manufacturers are now approaching EMI shielding companies earlier in the design process than ever before, looking for smart solutions to newly created shielding needs. Even excluding relatively new technology like in-vehicle Wi-Fi networks, wireless phone chargers, and voice-activated controls, EMI within new cars and trucks is becoming more and more dense due to the proliferation of electric motors and electronics across all areas of the vehicle automatic sliding doors, remote starters, power seats, keyless ignitions, power windows. In addition, the sheer increase in automobile electronics themselves, there’s also been an overwhelming rise in the amount of interference noise created within and around cars themselves due to cell phones, tablets, and other wireless devices. Moreover, the increasing deployment of advanced technologies in modern automobiles is expected to provide opportunities for EMI Shielding market to grow in the future.
Global EMI Shielding Market Segmentation –
By Type: Conductive Coatings and Paints, Conductive Polymers, EMI/EMC Filters, Metal Shielding Products, Others
By Application: Telecommunication and IT, Healthcare, Automotive, Aerospace and defense, Consumer electronics, Others
Global EMI Shielding Market Regional Analysis –
North America accounts for highest revenue share contribution to the global market share followed by in the Asia Pacific, Latin America, and the Middle East & Africa respectively. According to World Health Organization (WHO) in 2018, the U.S. light vehicle sales reached 17.2 million units, the fourth straight year in which sales reached or surpassed 17 million units. Overall, the United States is the world's second-largest market for vehicle sales and production. Rapidly growing investments in R&D for development of novel and innovative products, stringent regulations regarding EMI pollution, and presence of key players in the region are major factors expected to propel growth of market in the region. According to World Health Organization (WHO) in 2018, the auto industry is one of the most important industries in the United States has contributed 3 – 3.5 % to the overall Gross Domestic Product (GDP).The Asia Pacific has emerged as the dominant region in the global EMI shielding market in Taiwan, India, China, Japan, and South Korea are said to be the leading drivers of demand for consumer electronics products. Another factor serving to catapult the Asia Pacific market to the forefront is the rapid progress in high-tech technology. Increasing demand for consumer electronics such as tablets, smart phones, computers, light emitting diode etc., coupled with increasing investments by public and private sectors in telecommunication, automotive, and healthcare industries is another factor expected to boost growth of the target market in the region over the forecast period.
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