EMI Shielding Market Size Worth $11.33 Billion By 2032 | CAGR: 5.4%

The global EMI shielding market size is expected to reach USD 11.33 billion by 2032, according to a new study by Polaris Market Research. The report “EMI Shielding Market Share, Size, Trends, Industry Analysis Report, By Material (Conductive Coatings & Paints, Conductive Polymers, Metal Shielding, EMI/EMC Filters, and EMI Shielding Tapes & Laminates); By Industry; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Rapidly increasing demand for consumer electronics globally owing to sure in the digitization and automation and significant rise in the per capita income and disposal income, that cause harmful electromagnetic interference, electronic noise, and radio frequency interference, has paved the way for greater adoption of EMI shielding products worldwide.

Moreover, numerous large manufacturers are witnessing huge growth with increasing spending on technological advanced EMI shielding technology and introduction to new products with enhanced capabilities. For instance, in December 2022, HANMI Semiconductor, introduced its latest 3^rd generation ELI shield equipment, an essential equipment for semiconductor electromagnetic shielding process with enhanced performance. It is a state-of-the-art process that sputters metals like stainless steel and copper on the semiconductor chips surface.

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EMI shielding uses a barrier for the reduction of EMI within a confined space has become very important and is being utilized by large number of industries, that is opening huge potential for the market at extensive growth rate. Apart from this, technologies like drones, military computers and heavy equipment like tanks and helicopters emit massive volume in the electromagnetic radiation, as these devices are responsible for protecting sensitive data and even military service members, that could happen by using EMI shielding, that is boosting its adoption in military worldwide.

With the growing development of 5G communication technologies across the globe, electromagnetic interference shielding for smart devices has been emerging as an urgent need and demand in the recent years, where the rapid development of EMI shielding materials against the several harmful radiations including detrimental electromagnetic radiation playing an essential role. In today’s modern society, electromagnetic radiation has become omnipresent in the surroundings and environment on account of drastic increase in the usage of mobile phones, Wi-Fi, and Bluetooth devices globally.

EMI Shielding Market Report Highlights

• Conductive coatings & paints segment accounted for largest share of the market in 2022, on account of growing utilization of coatings products across several industrial sectors for cleaning purposes
• Automotive segment is anticipated to grow at a high CAGR during the projected period, which is highly driven by widespread adoption of the product to offer long-lasting and improved performance
• North America region dominated the global market with largest share, owing to extensive rise in the technological innovations across various industries and rapidly increasing investments in infrastructure development in the region
• The global key market players include PPG Industries, Laird Performance Materials, Omega Shielding Products, Huntsman International, Orion Industries, and 3M Company

Polaris Market Research has segmented the EMI shielding market report based on material, industry, and region:

EMI Shielding, Material Outlook (Revenue - USD Billion, 2019 - 2032)

• Conductive Coating & Paints
• Conductive Polymers
• Metal Shielding
• EMI/EMC Filters
• EMI Shielding Tapes & Laminates

EMI Shielding, Industry Outlook (Revenue - USD Billion, 2019 - 2032)

• Consumer Electronics
• Automotive
• Telecommunications & Information Technology
• Healthcare
• Aerospace
• Others

EMI Shielding, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

EMI Shielding Market Report Scope