EMI Shielding Market

Increased Use of Consumer Electronics due to an Increase in Disposable Income will Drive the Market

Every day, new innovations are flooding the commercial market with new conveniences that are designed to make life easier. This wide array of electronics has the potential to damage and interfere with each other unless they are shielded properly. With the progress of the information age, the increased usage of electronics for data processing and communication creates considerable pollution to the electromagnetic wave spectrum, on top of the other disturbances caused by electrical transmission, and distribution systems and natural phenomena such as lightning strikes, and solar flares. Electromagnetic interference (EMI) shielding that aims to isolate the energy of a device so that it does not affect what is around it and blocks external energy from attacking has been in demand over the past decade. Global EMI shielding market is thus on an uptrend.

The acceleration of 4G and 5G infrastructure deployment, commoditisation of consumer electronics, expanding applications of electronics components and systems in automotive, and rising popularity of electric and hybrid vehicles are all propelling this EMI shielding market ahead. As a result of growing industrialization, the EMI shielding market is predicted to expand. The increased use of EMI shielding in consumer electronics drives the market forward. Consumer electronics produce EMI. The increased need for EMI shielding is fuelled further by factors such as the high potential for emissions caused by fluctuating supply voltages, increasing clock frequencies, faster slew rates, packaging density, and high demand for smaller, lighter, cheaper, and low-power devices. With the global growth of electronic devices such as computers, mobile phones, and navigation systems, EMI shielding is becoming a growing concern. In 2022, the world's smartphone users will total 6.648 billion, or 83.72 percent of the global population. In total, 7.26 billion individuals own a smart or feature phone, accounting for 91.54 percent of the world's population. With deepening penetration of smartphones, EMI shielding market also will thrive in the coming years.

Voice-assisted personal entertainment systems, expanding usage of electronic appliances in electric vehicles, the effect of AI, and the future deployment of 5G cellular networks all contribute to the global expansion of consumer electronics. As a result of the COVID-19 pandemic, working from home and studying from home have become the new normal for working professionals and students. As a result, this trend is projected to sustain the rising demand for consumer electronics and EMI shielding in the following years. According to data from a study conducted in March 2020, 70% of responding internet users worldwide were using their cell phones or mobile phones more as a direct result of the coronavirus outbreak, with China leading the world by a total of 86 percent increase in the number of smartphones users during the pandemic.

Conductive Coatings and Paints will Dominate EMI Shielding Market with Increased Use of Plastic Electronics

In the forecast period, the conductive coatings and paints sector is expected to have a significant revenue share in EMI shielding market, followed by the conductive polymers segment. Conductive coatings and paints safeguard non-metal surfaces from electromagnetic radiation. They are, nevertheless, more expensive than alternative EMI shielding methods. Surface resistance in the conductive layer is inversely related to coating thickness. To prevent electromagnetic interference, materials like silver, nickel, graphite and silver-coated copper are employed to build a conductive shield around the casing. Factors such as rising per capita income, expanding urbanisation, and industrialisation also boost the conductive coatings segment. The rise of the consumer electronics sector is favourably promoting segment growth. This industry uses conductive coatings in cell phones, computers, calculators, radios, LCDs, electronic displays, and touch panels. These coatings are also employed in thin layers over plastic housings and casings to facilitate static charge dissipation and EMI shielding.

Increasing Cell Phone Penetration Underpins Lucrative Market Potential of Asia Pacific

Asia Pacific currently dominates global EMI shielding market and the trend will prevail throughout the forecast period. The rising use of electronic systems in the automotive industry, continuous advancements in wireless cellular infrastructure, and higher demand for consumer electronics goods are expected to fuel the region’s demand for EMI shielding solutions. Mobile data services are also quickly becoming popular in APAC due to price cuts implemented by mobile operators to reach the maximum number of end users. APAC has risen to prominence as a global leader in digital platforms. It is home to the two most densely inhabited countries on the planet, China, and India. Hence with its large population, this region has a high rate of smartphone and other wireless device and service adoption. In 2020, the number of smartphone users in China was estimated to be approximately 970 million, whereas about 1.66 billion mobile phone subscriptions had been registered as of March 2022. Therefore, with the growing penetration of smartphones in the country, EMI shielding market in the region will exhibit strong growth prospects in the coming years.

North America is predicted to increase rapidly during the projection period. The increasing complexity of electronics in the telecom sector, particularly with the rapid deployment of 5G networks in numerous countries, is a primary driver of demand for goods that aid in resolving various EMI difficulties. 5G had been deployed in 50 places in the United States as of January 2020. Sprint has made mobile 5G available in Atlanta, Chicago, Dallas-Fort Worth, Houston, Kansas City, Phoenix, Los Angeles, New York City, and Washington, D.C. AT&T has launched its mobile 5G+ network in sections of 35 cities and 190 markets. The enormous facilities producing automobiles and consumer electronics will play an essential role in the region's EMI shielding market development. The region's EMI shielding business is growing with the increased use of electronic systems.

Global EMI Shielding Market: Competitive Landscape

Participants in the market are introducing new products and forming collaborations, alliances, and partnership agreements. In April 2021, PPG acquired Cetelon Lackfabrik GmbH, an automotive and light truck wheels coatings producer. As a result of the strategic acquisition of Cetelon, PPG will be able to expand its existing coatings product line, liquid and powder coating technologies, and colour matching capabilities. In October 2020, Nanotech Energy Inc., a leading graphene manufacturer, introduced Nanotech EMI Armour Paint & Sheets, graphene-powered coatings, and films for EMI, and radio frequency interference (RFI) shielding, as well as heat management.

A few of the prominent players in EMI shielding market include 3M Company, Laird Technologies Inc., Huntsman International LLC, RTP Company, Marktek Inc., ETS-Lindgren, Tech-Etch, Inc., Omega Shielding Products, HEICO Corporation, SCHAFFNER HOLDING AG, Parker Hannifin Corporation, PPG Industries, and Henkel AG and Co. KGaA.

Regional Classification of the Global EMI Shielding Market is Listed Below:

North America

• U.S.
• Canada

Europe

• Germany
• France
• Spain
• U.K.
• Italy
• Russia
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Southeast Asia
• Rest of Asia Pacific

 Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East and Africa

• GCC
• South Africa
• Rest of Middle East & Africa

*Regions and countries are subject to change based on data availability.

Key Elements Included In The Study: Global EMI Shielding Market

• EMI Shielding Market by Product/Technology/Grade, Application/End-user, and Region
• Executive Summary (Opportunity Analysis and Key Trends)
• Historical Market Size and Estimates, Value, 2018 - 2022
• Market Value at Regional and Country Level, 2023 - 2030
• Market Dynamics and Economic Overview
• Market Size in Value, Growth Rates, and Forecast Figures, 2023 - 2030
• Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
• Regional and Product/Grade/Application/End-user Price Trends Analysis
• Value Chain and Five Force’s Analysis
• Regional/Sub-region/Country Market Size and Trend Analysis
• Company Market Share Analysis and Key Player Profiles

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