EMI Shielding Market Size, Share & Segmentation By Material (EMI Shielding Tapes & Laminates, Conductive Coatings & Paints, Conductive Polymers, Metal Shielding, EMI/EMC Filters) By Method (Conduction, Radiation) By Industry (Consumer Electronics, Automotive, Aerospace, Telecommunication, Healthcare, Others), By Regions And Global Forecast 2024-2032

EMI Shielding Market Size:

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The EMI Shielding Market Size was valued at USD 7.18 billion in 2023 and is expected to reach USD 11.75 billion by 2032 and grow at a CAGR of 5.6% over the forecast period 2024-2032.

The EMI shielding market is majorly driven by the increase in the production of various consumer electronics like smartphones, laptops, tablets, etc. The computer segment sales have risen by 34% and TV sets by 12% in 2022 from 2019. Different components required for the production of these electronic items require different frequencies to work properly. Therefore, EMI shielding is very important to keep all the components intact while eliminating electromagnetic interference. Leading electronic companies like Apple, Samsung, and Huawei are investing heavily in advanced EMI shielding solutions to enhance product reliability. Moreover, the growing trend of miniaturization in electronic devices is also driving the demand for advanced EMI shielding solutions. Smaller devices require more efficient and compact shielding materials to prevent interference without compromising performance.

In the automotive industry safeguarding all system-critical components such as ADAS, ECUs or ABS heavily depends on robust EMI shielding concerning safety and performance. Automotive manufacturers are showing a keen interest in using EMI shielded technology to secure their automobile's electronics systems from interference. The expansion of electric vehicles (EVs) also contributes to the increasing necessity for this shielding in automotive applications. The case study by Parker Chromerics, a major manufacturer states that almost every electronic device in the vehicle needs to function effectively and dependably from all onboard signals. However, due to the system complexity, and emission of electromagnetic interference (EMI) is a major worry for clients. Special attention was even paid to EMI shielding over the many optical periscope cameras and sensors on the vehicle. All inlets and outlets on air intake or exhaust ducts needed EMI shielding ventilation panels to provide passage for through-flowing gas particles while blocking radiation that permeated the enclosed environment.

Telecommunications networks, including 4G and 5G, rely on consistent and speedy wireless signal transmission. 5G technology operates at higher frequencies, making electronic devices more susceptible to EMI. The deployment of 5G infrastructure necessitates the use of advanced EMI shielding solutions to ensure reliable communication. EMI shielding is crucial to prevent external interferences and ensure high-quality communication. The expansion of 5G networks is expected to drive the demand for EMI shielding solutions in the telecommunications sector. North America is the leading region in the telecommunications market with more than 250 million mobile users. According to the Federal Communications Commission (FCC), Comcast is the largest internet access provider in the U.S., reported over 27 million residential broadband subscribers in 2020, while AT&T claimed more than 15 million and Charter Communications reported an approx. of 25 million residential subscribers. With the growing need for the Internet of Things (IoT), the need for advanced EMI shielding also increases.

Recent mergers and acquisitions in the market highlight the strategic importance of EMI shielding. For instance, Parker Hannifin's acquisition of LORD Corporation in 2019 expanded its portfolio of EMI shielding solutions. Similarly, Laird Performance Materials' acquisition by Advent International in 2020 underscores the growing demand for advanced EMI shielding technologies.

EMI Shielding Market Dynamics:

Drivers

• Stringent Government Regulations on Electromagnetic Emissions

Governments worldwide are implementing stricter regulations to control electromagnetic emissions from electronic devices. These regulations aim to protect public health, ensure the proper functioning of critical infrastructure, and prevent interference with radio communication systems. To comply with these regulations, manufacturers need to incorporate EMI shielding solutions into their products. Concerns regarding the potential health risks of prolonged exposure to electromagnetic radiation are prompting regulatory bodies to set stricter emission limits. EMI shielding materials help manufacturers meet these standards by minimizing the radiation emitted by electronic devices. Hospitals, air traffic control systems, and other critical infrastructure rely on uninterrupted communication. EMI from electronic devices can disrupt these systems, potentially leading to catastrophic consequences. EMI shielding safeguards these vital systems by mitigating electromagnetic interference. The radio spectrum is a finite resource used for various communication purposes. Excessive EMI from electronic devices can disrupt radio signals used by emergency services, aviation, and other critical applications. EMI shielding helps maintain a clean radio frequency environment and ensures seamless communication.

• Increase in demand for Consumer Electronics with advanced features

The consumer electronics market is constantly evolving, with consumers demanding devices with advanced features and functionalities. These features, such as high-resolution displays, faster processing speeds, and improved wireless connectivity, often come with increased electromagnetic emissions. EMI shielding plays a vital role in ensuring these devices function optimally without causing interference with other electronic equipment in homes and offices. Modern laptops, desktops, and gaming consoles pack immense processing power. These high-performance devices generate significant EMI that can disrupt other electronic components within the system. EMI shielding solutions like conductive heat sinks and enclosures help manage thermal dissipation while mitigating EMI. The growing popularity of high-resolution displays, such as OLED and 4K, necessitates careful EMI management. EMI can cause visual artifacts and disrupt the proper functioning of these displays. EMI shielding materials like conductive films and meshes are used to maintain display integrity. Consumers expect seamless wireless connectivity on their devices, whether for streaming content, gaming, or video conferencing. EMI shielding safeguards these wireless connections by preventing interference from other devices and ensuring reliable data transmission.

• Increasing Focus on Miniaturization and Multifunctionality in Electronic Devices

The trend towards miniaturization and increased functionality in electronic devices presents both opportunities and challenges for the EMI shielding market. As devices become smaller and more compact, they house a higher density of electronic components operating at higher frequencies. This miniaturization can exacerbate EMI issues, making effective shielding even more critical. However, the miniaturization trend also presents opportunities for the development of innovative EMI shielding solutions. The industry is constantly evolving, with new materials and techniques being developed to provide effective shielding in compact form factors. The focus is on creating lightweight, flexible, and high-performance shielding solutions that can be seamlessly integrated into miniaturized devices.

Restraints

• Cost of EMI Shielding Materials and Implementation

The cost of EMI shielding materials and their integration into electronic devices can be a significant restraint for the market. Certain high-performance EMI shielding materials can be expensive, particularly those used in specialized applications. Additionally, the process of incorporating EMI shielding into product design and manufacturing can add complexity and cost. Advanced EMI shielding materials like conductive fabrics and composites can be significantly more expensive than traditional materials. This cost factor can be a hurdle for manufacturers, especially for budget-conscious consumer electronics. Integrating EMI shielding into electronic devices requires careful design considerations and may necessitate additional manufacturing processes. These complexities can translate to higher production costs for manufacturers. There is often a trade-off between the cost and effectiveness of EMI shielding solutions. Manufacturers need to strike a balance between achieving adequate EMI protection and maintaining cost competitiveness.

• Evolving Regulatory Landscape and Compliance Challenges

The constantly evolving regulatory landscape concerning electromagnetic emissions can create challenges for manufacturers. Staying updated on the latest regulations and ensuring compliance can be a complex and time-consuming process. This can hamper product development timelines and increase costs for manufacturers. Regulatory bodies may update their standards and testing requirements for electromagnetic emissions frequently. Manufacturers need to adapt their products and processes to comply with these evolving regulations. Meeting regulatory compliance often involves rigorous testing procedures. These tests can be expensive, especially for complex electronic devices. EMI regulations can vary across different countries and regions. This can create challenges for manufacturers seeking to sell their products globally.

EMI Shielding Market Segment Overview:

BY MATERIAL

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BY METHOD

Radiation shielding methods have acquired the leading position in the EMI shielding market by a market of more than 53% in 2023, as they are easily available and cost-efficient. This method can be adapted to a multitude of materials and surfaces, enabling it as an excellent solution for many applications. They have great shielding properties for protecting sensitive electronic components from EMI and are relatively inexpensive compared to other means of shielding especially in high-volume applications. Moreover, radiation-based shielding techniques are quite easy to install and maintain with the additional speed which increases their adoption rate.

BY INDUSTRY

The consumer electronics sector such as smartphones, wearables, and tablets is the dominating segment during the forecast period, with a market share of more than 47.56% in 2023. The components used for making the particular electronic item have different frequencies and need proper EMI shielding. If these components are given improper EMI shielding, they could interfere with one another which results in signal degradation, call dropping, and reduced data transfers.

The telecommunications sector is the fastest-growing segment by industry for the EMI shielding market. From 4G to 5G, all wireless technologies function in a set spectrum of frequencies. EMI shielding plays a key role in ensuring seamless wireless signal transmission and preventing damages from external interference.  Several system-critical components in the automotive sector, such as anti-lock braking systems (ABS), advanced driver-assistance systems (ADAS), or Engine control units (ECUs) contain electronic assemblies, raising the demand for advanced EMI shielding. Therefore, the automotive is also growing fast.

EMI Shielding Market Regional Analysis:

North America is the most technologically advanced region in the world, accounting for a market share of 30.89% in 2023. The U.S. is the major contributor to the market share in the region. The disposable income, growing population, and various research and development activities in the healthcare, defense, space, and aerospace industries are some of the main reasons for the region’s overall growth in the EMI shielding market.

Asia Pacific is the fastest-growing market over the forecast period due to the presence of a large number of electronics manufacturers. Countries like China and India are mainly contributing to the region’s growth in the EMI shielding market. Rapid industrialization and infrastructure development are expected to drive the market in China. Not only consumer electronics but also the telecommunication sector and the automotive industry are higher in the Asia Pacific region, increasing the demand for advanced EMI shielding. The increase in the manufacturing of electric vehicles is also a key driver for the market.

KEY PLAYERS:

The key players in the EMI shielding market are 3M Company, Henkel Corporation, Kitagawa Industries, Leader Tech, PPG Industries, SCHAFFNER HOLDING, ETS-Lindgren, KGS, Laird PLC, PARKER HANNIFIN, RTP Company, MG Chemicals, Nolato AB, tech Etch Inc., Huntsman International LLC, ETS-Lindgren, Omega Shielding Products, HEICO Corporation & Other Players.

RECENT DEVELOPMENT

• In May 2024, Parker Hannifin launched new EMI Shielding Gaskets known as Anixter A-shield+, which is made by combining both silicone and nickel-plated copper. These shields provide effective and consistent flame retardant that meets the industry standards.
• In February 2024, Laird Technologies introduced EMI shielding cable clamps; ECOSS, which is a compact and single-hole clamp. These clamps can be easily installed, 360-degree shielding, and offer high shielding performance across a wide frequency range.
• In January 2024, self-adhesive tapes known as Stocko EMC/EMI shielding tapes were launched by Mouser Electronics. This tape provides strong adhesion and brilliant shielding to components. It can be easily installed.