Global EMI Shielding Market Expected to Reach USD 7.95 Billion by 2024: Zion Market Research

According to the report, global EMI shielding market was valued at USD 5.46 billion in 2017, is expected to reach USD 7.95 billion in 2024 and is anticipated to grow at a CAGR of 5.5% between 2018 and 2024.


New York, NY, Sept. 06, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “EMI Shielding Market by Component (EMI Shielding Tapes & Laminates, Conductive Coatings & Paints, Metal Shielding, Conductive Polymers, and EMI/EMC Filters), by Method (Radiation and Conduction), and by End-use Industry (Consumer Electronics, Telecom & IT, Automotive, Healthcare, Defense & Aerospace, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024”. According to the report, global EMI shielding market was valued at USD 5.46 billion in 2017, is expected to reach USD 7.95 billion in 2024 and is anticipated to grow at a CAGR of 5.5% between 2018 and 2024. 

EMI shielding protects electronic devices from corrosion and oxidation. It is widely used in several end-use industries such as telecom & IT, automotive, healthcare, consumer electronics, and other industries. Increasing technological advancements in EMI shielding is widely utilized in the aerospace industry. Further, growing demand for consumer electronics such as smartphones, tablets, portable communication devices, LED, and LCD coupled with changing lifestyle is expected to boost the demand for EMI shielding across the globe. EMI shielding is used in consumer electronics due to the improved radiation shielding of circuits and chips of medical devices and this is projected to fuel the market growth in the forecast period.

Browse through 54 Tables & 43 Figures spread over 110 Pages and in-depth TOC on “Global EMI Shielding Market: Materials, Industry Size, Share, Analysis and Forecast, 2017 - 2024”.

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The global EMI shielding market can be segmented based on component, method, end-use industry, and regions. Based on the component, the global EMI shielding market is segregated into EMI shielding tapes & laminates, metal shielding, conductive polymers, conductive coatings & paints, and EMI/EMC filters. Conductive coatings & paints are expected to grow at the fastest pace in the upcoming years. It is due to its thermal properties and easy application on nylon and plastic resins such as polyphenylene oxide (PPO), polyphthalamide (PPA), polycarbonate, polybutylene terephthalate (PBT), and polystyrene (PS). Therefore, it is used in a wide range of devices such as smartphones and tablets. The global EMI shielding market is segmented into methods which include radiation and conduction. However, radiated EMI shielding is widely used in electronic devices and has the potential to enhance its application in several end-use industries. On the basis of end-user industry, the market is classified as consumer electronics, telecom & IT, defense & aerospace, healthcare, automotive, and others. Consumer electronics is anticipated to witness significant gains in the forecast period. In addition, increasing demand from the automotive industry is projected to propel the EMI shielding market growth in the forecast period.  

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North America and Europe are the highest growing regional market for EMI shielding and is expected to witness significant growth in the upcoming years. North America is anticipated to grow substantially owing to the increasing demand from the aerospace & defense industry. North America accounted for about 25% of the market share in 2016 owing to the increased demand for LEDs in the region. Moreover, EMI shielding increases the efficiency of operations and provides enhanced safety and therefore, it is widely used in the aerospace industry. Rising healthcare industry amongst the region is projected to increase the demand for EMI shielding in various purposes, thereby, fueling the EMI shielding market. Europe EMI shielding market is projected to grow at the fastest pace owing to the increasing demand from the automotive industry. Additionally, the technological advancement and significant investment in the electronics industry is estimated to drive the EMI shielding market in the region. However, the high cost of EMI shielding is anticipated to hinder the market in the future. But, opportunities arising from 5G technology are estimated to propel the EMI shielding market in the upcoming years.  

Latin America is anticipated to show moderate growth in the forecast period. Growing automotive industry in the region is likely to increase the demand for EMI shielding in the region. Moreover, increasing demand for consumer electronics across the region is expected to enhance the demand for EMI shielding market. 

Browse the full "EMI Shielding Market by Component (EMI Shielding Tapes & Laminates, Conductive Coatings & Paints, Metal Shielding, Conductive Polymers, and EMI/EMC Filters), by Method (Radiation and Conduction), and by End-use Industry (Consumer Electronics, Telecom & IT, Automotive, Healthcare, Defense & Aerospace, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024" report at https://www.zionmarketresearch.com/report/emi-shielding-market

In the Middle East & Africa, rising industrialization is projected to register decent market growth for EMI shielding in the coming years. In addition, increasing demand from the healthcare industry is anticipated to spur the EMI shielding market. Growing population has led to increased usage of electronic gadgets such as tablets, smartphones, and others which, in turn, is expected to propel the EMI shielding market in the region.

The EMI shielding market consists of a large number of players and is highly divided. Companies operating in this market include Chomerics, RTP Company, 3M Company, Tech-Etch Inc., ETS-Lindgren, Laird Plc., Schaffner Holding AG, Henkel AG & Co. KGaA, PPG Industries Inc., Kitagawa Industries Co., Ltd., and Leader Tech Inc., among others. 

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The report segments the global EMI shielding market as:

Global EMI Shielding Market: Component Analysis

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

Global EMI Shielding Market: Method Analysis

  • Radiation
  • Conduction

Global EMI Shielding Market: End-Use Industry Analysis

  • Consumer Electronics
  • Telecom & IT
  • Automotive
  • Healthcare
  • Defense & Aerospace
  • Others

Global EMI Shielding Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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