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 3rd 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
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)
EMI Shielding, Industry Outlook (Revenue - USD Billion, 2019 - 2032)
EMI Shielding, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
EMI Shielding Market Report Scope
Report Attributes |
Details |
Market size value in 2024 |
USD 7.47 billion |
Revenue forecast in 2032 |
USD 11.33 billion |
CAGR |
5.7% from 2024– 2032 |
Base year |
2023 |
Historical data |
2019– 2022 |
Forecast period |
2024– 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments covered |
By Material, By Industry, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
Parker Hannifin, PPG Industries, Laird Performance Materials, 3M Company, Omega Shielding Products, HEICO Corporation, Henkel AG, RTP Company, Marktek Inc., Huntsman International Inc., Kitagawa Industries Co. Ltd., Leader Tech Inc., Schaffner Holding AG, ETS-Lindgren Inc., KGS, Nanotech Energy, Electrolube, and Orion Industries Incorporated. |
For Specific Research Requirements |