EMI Shielding Market worth $9.69 billion in 2029 - Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., Dec. 18, 2024 /PRNewswire/ -- The global EMI shielding market is expected to reach USD 9.69 billion in 2029 from USD 7.34 billion in 2024, at a CAGR of 5.7% during the forecast period according to a new report by MarketsandMarkets™. The growth of EMI shielding is being driven by the increasing complexity of electronic systems and the overriding imperative to prevent electromagnetic interference within high-performance environments. Since sensitive electronic components have increasingly been used in increasingly complex telecommunications, automotive, healthcare, and aerospace applications, signal integrity and reliability have become more essential than ever. Also, pressure to meet strict EMC standards has increased regulatory requirements, and the emergence of connected and smart devices has sharply increased the demand for advanced shielding materials.

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EMI Shielding Market Report Scope:

The Conduction segment is expected to grow fastest in forecast period.

The conduction segment of EMI shielding is expected to grow the fastest as it effectively handles electromagnetic interference at high frequency with direct pathways for electrical currents to flow, dissipating unwanted electromagnetic energy. With electronic devices becoming increasingly compact and feature-rich, especially in customer electronics, automotive, and telecommunications, the need for highly efficient and reliable solutions in shielding becomes critical. Conduction-based materials like metal-based shields, conductive polymers, and carbon composites are very effective for signal interference diminution in high-density, high-frequency environments.

The conductive coatings & paints segment is dominating in EMI shielding market.

The conductive coatings and paints segment dominates the overall EMI shielding market. Their versatility, ease of application, and ability to provide effective shielding for compact electronic designs have made them key players in this field. These coatings and paints can be formulated with metals such as silver, copper, or carbon and provide a cost-effective, lightweight solution for electromagnetic interference shielding in consumer electronics and automotive/aerospace systems. The future growth and dominance of conductive coatings and paints in the EMI shielding market lies in the growing demand for lightweight, thin, and flexible EMI shielding solutions, especially in wearable devices, smartphones, and smart home products.

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US in the North America region to dominate the EMI shielding industry during the forecast period.

The United States leads the market for EMI shielding due to a combination of factors such as advanced technological infrastructure, robust regulatory frameworks, and key manufacturers such as Parker Hannifin, PPG Industries, and 3M. These players heavily influence technology and deliver high-quality solutions based on EMI shielding across industries such as aerospace, automotive, healthcare, and consumer electronics. The electronics and automobile industries in the US are quite well established and have a very high dependency on EMI shielding to meet rigid EMC standards.

Key players

The EMI shielding companies includes significant Tier I and II players like Parker Hannifin Corp (US), PPG Industries Inc (US), 3M (US), Henkel AG & CO. KGAA (Germany), Laird Technologies, Inc. (US), Leader Tech Inc.(US), MG Chemicals (Canada), Nolato AB (Sweden), Tech Etch, Inc. (US), RTP Company (US) are some of the key players in the EMI shielding market.

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