Backed by rigorous analysis and deep industry knowledge, this study is designed to support growth and investment decisions in the emi shielding market.
EMI Shielding Market Valuation Forecast: What Will The Market Be Worth By 2025?
The emi shielding market size has grown steadily in recent years. It will grow from $6.82 billion in 2024 to $7.04 billion in 2025 at a compound annual growth rate (CAGR) of 3.2%. The growth in the historic period can be attributed to increasing electronic device usage, rising telecommunication infrastructure, advancements in automotive electronics, wireless technology proliferation, increasing miniaturization of electronics.
The emi shielding market size is expected to see strong growth in the next few years. It will grow to $8.65 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to rapid growth in 5G technology, expansion of the Internet of Things (IoT), increasing electrification in vehicles, higher adoption of wearable devices, growing aerospace and defense applications. Major trends in the forecast period include stringent emit regulations, growth in aerospace and defense applications, focus on sustainable emit shielding materials, integration of emit shielding in PCB design.
Get your free sample today:
What Are The Key Factors Driving Growth In The EMI Shielding Market?
The growing demand for consumer electronics is expected to boost the growth of the EMI shielding market going forward. Consumer electronics are any electronic devices designed to be purchased and used by end users, or consumers, for daily and non-commercial or professional purposes. In electronic devices and equipment, EMI shielding refers to the use of manufacturing processes and materials to shield signals from interference from outside electromagnetic signals as well as from generated signals interfering with nearby components. EMI shielding in consumer electronics is used in flat-screen displays, desktop, laptop, and server computers, as well as portable electronic devices such as GPS units and smartphones. For instance, in April 2023, according to Zippia, a US-based online platform, the number of smartphone users is expected to reach 7.34 billion by 2025, up from 6.92 billion in 2023. This represents a YoY (year-on-year) growth rate of 2-3% by 2025, which equates to just under a billion new users. Therefore, the growing demand for consumer electronics is driving the growth of the EMI shielding market.
Emerging And High-Growth Segments In The Global EMI Shielding Market
The emi shielding market covered in this report is segmented –
1) By Methods: Radiation, Conduction
2) By Material: Conductive Coatings And Paints, Conductive Polymers, Metal Shielding, EMI And EMC Filters, EMI Shielding Tapes And Laminates
3) By End Use Industry: Consumer Electronics, Automotive, Telecommunications And Information Technology, Healthcare, Aerospace, Other End Users
Subsegments:
1) By Radiation: Conductive Coatings, Metal Shields, Absorptive Materials
2) By Conduction: Conductive Gaskets, Conductive Foams, Shielded Cables
EMI Shielding Market Future Trends
Major companies operating in the EMI shielding market are undergoing into strategic collaborations to strengthen their position in the market. For instance, in July 2022, Schlegel Electronic Materials, a New-York-based company specializing in electromagnetic interference (EMI) shielding and thermal management materials, collaborated with the PARASOL consortium, a part of the European Doctoral Network for Safe and Sustainable Electromagnetic Shielding Solutions for Mobility, to recruit researchers focused on electromagnetic shielding, targeting innovative solutions for mobility applications. This partnership, which includes six prominent universities, aims to train PhD candidates within a multidisciplinary framework that prioritizes safety and sustainability in design. The PARASOL project has key objectives, such as exploring advanced electromagnetic interference (EMI) shielding techniques like cold spraying and developing robust characterization methods across a broad frequency spectrum.
Key EMI Shielding Company Insights:
Major companies operating in the EMI shielding market include Saint-Gobain S.A., 3M Company, Henkel AG & Co. KGaA, TDK Corporation, PPG Industries, Inc., TE Connectivity Ltd., Parker-Hannifin Corporation, Huntsman International LLC, W. L. Gore & Associates, Inc., Molex, LLC, HEICO Corporation, Kitagawa Industries Co. Ltd., Chomerics, RTP Company Inc., Laird Technologies Inc., Schaffner Holding AG, Tech Etch Inc., Sealing Devices Inc., Greene Rubber Company, ETS-Lindgren, Inc., Intermark USA, Inc., Leader Tech Inc., Orbel Corporation, Omega Shielding Products Inc., Spira Manufacturing Corporation, Magnetic Shield Corporation, EMI Solutions Pvt. Ltd., Zippertubing Company, Marktek Inc.
View the full emi shielding market report here:
How Does EMI Shielding Market Growth Vary Across Major Regions?
Asia-Pacific was the largest region in the EMI shielding market in 2024. The regions covered in the EMI shielding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Contact Us:
The Business Research Company
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Comments
Post a Comment