EMI Shielding Market by Material (Conductive Coatings & Paints, Conductive Polymers, EMI & EMC Filters), Method (Conduction, Radiation), Industry - Global Forecast 2024-2030

[194 Pages Report] The EMI Shielding Market size was estimated at USD 7.92 billion in 2023 and expected to reach USD 8.38 billion in 2024, at a CAGR 6.48% to reach USD 12.30 billion by 2030.

Electromagnetic interference (EMI) shielding is a process of using materials and techniques to protect electronic devices and systems from the effects of electromagnetic interference. EMI is utilized when electromagnetic radiation is emitted by one electronic device and adversely affects the performance of another nearby electronic device. This interference can lead to degradation or disruption of signal integrity, malfunctions, or other undesirable effects. EMI shielding aims to prevent unwanted electromagnetic radiation from reaching sensitive components and to protect against external electromagnetic fields. The EMI shielding market is growing due to the increasing adoption of digital devices for high-shield performance and flexibility, rapid advancement in wireless technology, and the increased adoption of electronics in various sectors. Additionally, the utilization of EMI shielding films in automotive manufacturing and the adoption of EMI shielding for medical devices to prevent equipment failure fuel the market growth. However, factors such as fluctuating costs of raw materials, high installation costs, and operational limitations of EMI shielding hinder market growth. The market has several opportunities, including increasing investments in 5G technologies and technological advancements and research and development (R&D) in EMI shielding films, which are expected to support the market growth in the coming years.

The Asia-Pacific region is the fastest-growing market for EMI shielding due to the rapid urbanization and industrialization in several countries in the region. The APAC region is witnessing a significant increase in the use of electronic devices, which has led to a surge in demand for EMI shielding materials and solutions. Moreover, the growing demand for 5G networks, IoT devices, and electric vehicles is expected to boost the demand for EMI shielding in the region. The Americas region provides a significant landscape to the EMI shielding market due to several major end-use industries such as aerospace & defense, healthcare, and telecommunications. The increasing need for consumer electronics, medical devices, and telecommunications equipment drives the market's growth in the region. Market vendors from Asia and the Middle East are expanding their businesses in South American countries for future growth opportunities. In EMEA, the increasing demand for high-performance electronic devices, growing awareness about the importance of EMI shielding, and several key market players in the region are boosting the market growth. Additionally, the market players in the region continue to work on R&D to enhance the performance of EMI shielding in the end-use industry.

The market dynamics represent an ever-changing landscape of the EMI Shielding Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

• Market Drivers
  • Growing adoption of EMI shielding in electrical and electronic devices
  • Utilization of EMI shielding films in automotive manufacturing
  • EMI shielding for medical devices to prevent equipment failure and maintain safety
• Market Restraints
  • Fluctuating prices of raw materials and high cost of installation
• Market Opportunities
  • Increasing investments in 5G technologies
  • Technological advancements and R&D in EMI shielding films
• Market Challenges
  • Technical and operational limitations of EMI shielding

• Material: EMI & EMC filters ensuring the proper functioning of electronic equipment

  Conductive coatings and paints are used extensively for EMI shielding applications across various industries, including electronics, automotive, aerospace, and telecommunications. These materials comprise a base material, usually epoxy, polyurethane, or acrylic, embedded with conductive elements such as silver, copper, nickel, or aluminum. Conductive polymers are emerging as a lightweight and flexible alternative to traditional EMI shielding materials and are witnessing increased adoption in consumer electronics, medical devices, and smart textiles. These materials work by dispersing conductive particles throughout a polymer matrix, endowing the material with the ability to attenuate electromagnetic waves. EMI (electromagnetic interference) and EMC (electromagnetic compatibility) filters are critical components in ensuring the proper functioning of electronic equipment in compliance with regulatory standards. These filters are designed to reduce the interference caused by both conducted and radiated electromagnetic noise. EMI shielding tapes and laminates are used to seal seams cable wrapping and provide shielded enclosures for various applications. These materials usually consist of metallic foils, conductive fabrics, or metalized textiles with adhesive backing. Their flexibility, relative ease of use, and customizable shapes and sizes make them especially suitable for quick fixes and prototyping. Other than this, springs, bands, enclosures, air vents, foam, and gaskets are a few EMI shielding materials that provide mechanical functionality, and effective electromagnetic shielding helps create comprehensive solutions for protecting electronic devices from electromagnetic interference.

• Method: High utilization of conduction methods to prevent unwanted electromagnetic radiation

  Shielding is a critical measure to prevent unwanted interference caused by electromagnetic radiation in electronic devices and systems, which involves two distinct techniques: conduction and radiation. Conduction is essentially the passage of electricity through a material, in this case, the EMI shield. Materials having free-charge carriers, such as metal, are good conductors of electricity. In EMI shielding, conduction is vital in grounding unwanted or excess electrical energy. Unlike conduction, which involves the physical passage of energy, radiation pertains to energy emission in the form of electromagnetic waves. In the context of EMI shielding, radiation primarily refers to the emission or absorption of electromagnetic waves by the shield, which helps counteract the impact of EMI. Conduction involves the direct transfer of energy using conductive materials; radiation involves the absorption and re-emission of energy in the form of electromagnetic waves. Conduction is more effective with low-frequency electromagnetic disturbances and directly grounded sources of interference, whereas radiation is most effective against high-frequency or broadcast sources of interference.

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the EMI Shielding Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

The value chain of the EMI Shielding Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of theEMI Shielding Market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

The regulatory framework analysis for the EMI Shielding Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the EMI Shielding Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the EMI Shielding Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

• JF Technology in Tie-Up for High-End Artificial Intelligence Materials

  JF Technology Bhd announced a collaborative partnership with HFC Industry HK Ltd (HFCI), a partner company of Shenzhen HFC Co Ltd. This strategic alliance has resulted in the formation of a new entity, HFC Tech Sdn Bhd. The joint venture is set to embark on designing and producing specialized materials, primarily focusing on electromagnetic interference (EMI) shielding materials and thermal interface materials. [Published On: November 15, 2023]

• Schurter Extends FMAB NEO Block Filter Series with New High-Performance Model

  Schurter introduces the FMAB NEO High-Performance single-phase block filter, an innovative solution that addresses the escalating electromagnetic interference (EMI) challenges in electronic devices. The FMAB NEO HP series can be used for demanding applications where electronic interference is a growing concern. It employs a choke crafted from superior core materials to achieve top-tier symmetrical and asymmetrical attenuation. This design ensures the filter delivers robust performance while maintaining a compact footprint, which is essential for space-constrained environments. [Published On: October 31, 2023]

• Astrodyne TDI Proudly Announces the Grand Opening of their Cutting-Edge Manufacturing Facility in Malaysia

  Astrodyne TDI, a manufacturer in power electronics, power distribution units, and EMI (Electromagnetic Interference) filters, established its advanced manufacturing plant in Penang, Malaysia. Astrodyne TDI aims to enhance its production efficiency and strengthen its global footprint, thereby ensuring faster and more reliable delivery of products to customers around the world. [Published On: October 06, 2023]

The report delves into recent significant developments in the EMI Shielding Market, highlighting leading vendors and their innovative profiles. These include STMicroelectronics International N.V., Solvay S.A., Avery Dennison Corporation, Toyo Ink SC Holdings Co., Ltd., Panasonic Industry Co., Ltd., Stockwell Elastomerics, Inc., Tech Etch, Inc., Jinan EMI Shielding Technology Co. Ltd., Shenzhen HFC Co.,Ltd., MG Chemicals, Bal Seal Engineering, LLC by Kaman Corp., DuPont de Nemours, Inc., TEXAS INSTRUMENTS INCORPORATED, EMP Shield Inc., Lamart Corporation, Boyd Corporation, Meta Materials Inc., BASF SE, Modus Advanced, Inc., Deep Coat Industries, Saint-Gobain S.A., Daniels Manufacturing Corporation, Murata Manufacturing Co., Ltd., Abrisa Technologies, NV Bekaert SA, Celanese Corporation, Graphenest, S.A., Tatsuta Electric Wire & Cable Co., Ltd., Omega Shielding Products, Inc., Henkel AG & Co. KGaA, NANOTECH ENERGY INC., TE Connectivity Corporation, PPG Industries, Inc., Parker Hannifin Corporation, Polycase, 3M Company, Denver Rubber Company, GEOMATEC Co., Ltd., ETS-Lindgren Inc., Guangzhou Fang Bang Electronics Co., Ltd., Saudi Basic Industries Corporation, Huntsman Corporation, OIKE & Co., Ltd., Holland Shielding Systems BV, Mitsubishi Chemical Corporation, RTP Company, and MADPCB.

This research report categorizes the EMI Shielding Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Material
  • Conductive Coatings & Paints
  • Conductive Polymers
  • EMI & EMC Filters
  • EMI Shielding Tapes & Laminates
• Method
  • Conduction
  • Radiation
• Industry
  • Aerospace
  • Automotive
  • Consumer Electronics
  • Healthcare
  • Telecom & IT

• Region
  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

1. What is the current market size and projected growth?
2. Which products, segments, applications, and regions offer promising investment opportunities?
3. What are the prevailing technology trends and regulatory frameworks?
4. What is the market share and positioning of the leading vendors?
5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?