Author: Vikas Kumar
03 December 2021
The global EMI Shielding market was stood around $6 billion in 2020 and is expected to demonstrate the growth of ~5% during the forecast period (2021-2027). Radio waves are an important part of electronics equipment’s, mostly all the electronics devices emit electromagnetic radiation. This radiation can interfere with electronics which can damage the electronics devices. Owing to which, manufacturers usage EMI shielding to mitigate the problems.
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Globally, the demand of EMI shielding is growing on account of rising demand of consumer electronics product and growing telecom, automotive, and aerospace industry among others, along with importance of radio wave for telecommunication and wireless technology, including radio, antennas, cell phones, global positioning system GPS, Bluetooth, and microwave devices. Therefore, right selection of material for the manufacturing of EMI shielding is important for the proper functioning of equipment’s. For instance, highly conductive materials that are typical of EMI shielding materials are relevant to antennas, which also function in the radio wave and microwave regimes. Antennas are critically needed for wireless communication, which is pertinent to the Internet of Things, radio-frequency identification device (RFID) tags, autonomous vehicles, wearable (stretchable) electronics and virtual/augmented reality. Further, trend toward composite materials can also be witness in EMI shielding market. For instance, carbon fiber polymer-matrix composites, which are used for lightweight structures, such as the airframe. Due to the electronics in aircraft, shielding is needed.
In the light of COVDI-19, almost all the industries except the essential ones was in turmoil. Industries had faced several issues like facility shutdown, unavailability of workers which had affected the functioning of industrial production and decline in demand of electronics products owing to changed behavior among consumers regarding non-essential products. For instance, smartphone sales decline by more than 10% in 2020 as consumers remained cautious in their spending.
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For a better understanding of the market adoption of EMI Shielding, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific held the dominating position in the global EMI shielding market due to large base of consumer electronics, telecom & IT, automotive, and healthcare industry. Further, increasing development in 5G technology is propelling the growth of the EMI shielding market in the region.
Global EMI Shielding Market Segmentation
Market Insight, by Material
Market Insight, by Method
Market Insight, by Industry
Market Insight, by Region
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