1 Global EMI Shielding Market Size (Value) and CAGR (2024-2033)
In 2024, the global EMI Shielding market was valued at USD 8827.12 million, with a CAGR of 6.57% from 2024 to 2033.
Electromagnetic interference (EMI) can disrupt electronic devices, equipment, and systems that are used in critical applications. Examples include medical, military, and aerospace electronics; mass transit systems; industrial touch screens; and navigation and vehicular control systems and so on. The causes of electromagnetic interference are numerous and include both man-made and natural sources. The results can range from temporary disturbances and data losses to system failure and even loss of life.
Figure Global EMI Shielding Market Size (M USD) and CAGR 2024-2033
2 EMI Shielding Market Drivers
The EMI Shielding market has experienced significant growth in recent years, driven by several key factors. One of the primary drivers is the increasing demand for consumer electronics and the continuous innovation in electronic devices. As electronic products become smaller, thinner, and more multifunctional, the need for effective EMI Shielding solutions has become more critical. The rise of 5G technology has also played a significant role in driving market growth. With 5G networks requiring a higher number of antennas and more complex signal transmission, the demand for EMI Shielding has surged to prevent interference and ensure optimal performance.
Another major driver is the rapid growth of the automotive electronics sector. The increasing penetration of electric vehicles (EVs) and the development of advanced driver-assistance systems (ADAS) have led to a higher demand for EMI Shielding. These technologies rely heavily on sensitive electronic components that require protection from electromagnetic interference to function correctly.
3 EMI Shielding Market Restraints
Despite the significant growth drivers, the EMI Shielding market faces several challenges and restraints that could impact its expansion. One of the primary challenges is the shortage of professional and technical personnel. The development and manufacturing of EMI Shielding materials require expertise in various fields, including materials science, chemistry, and engineering. The scarcity of qualified professionals in these areas can hinder the industry’s ability to innovate and meet the growing demand for advanced shielding solutions.
Another significant challenge is the trend towards miniaturization and lightweight design in electronic products. As devices become smaller and more compact, traditional shielding methods may no longer be effective, and new, innovative solutions are needed. This shift requires manufacturers to invest heavily in research and development to create materials that can provide effective shielding without adding significant weight or bulk to the devices.
4 Global EMI Shielding Market Size and Share by Type in 2024
EMI shielding tapes and laminates are essential for protecting electronic devices from electromagnetic interference. These materials are widely used in consumer electronics, automotive electronics, and industrial applications. In 2024, the market for EMI shielding tapes & laminates is expected to reach 732.65 million USD. These products are particularly effective for shielding plastic housings, cables, and enclosures, making them indispensable in the manufacturing of modern electronic devices.
Conductive coatings and paints are another significant segment of the EMI Shielding market. These products are used to provide EMI protection in a variety of applications, including consumer electronics, telecommunications, and aerospace. In 2024, the market for conductive coatings & paints is projected to be 3,238.67 million USD. These coatings are valued for their ability to offer anti-static protection, thermal dissipation, and enhanced electromagnetic interference shielding, making them a popular choice across multiple industries.
Metal shielding is a crucial component in the EMI Shielding market, particularly in applications requiring high levels of protection. Common materials used in metal shielding include copper, brass, nickel, silver, steel, and tin. In 2024, the market for metal shielding is expected to reach 1,456.47 million USD. Metal shields are highly effective in reflecting or absorbing electromagnetic radiation, making them essential in industries such as aerospace, defense, and high-performance computing.
Table Global EMI Shielding Market Size and Share by Type in 2024
Type | Market Size (M USD) 2024 | Market Share 2024 |
EMI shielding tapes & laminates | 732.65 | 8.30% |
Conductive coatings & paints | 3238.67 | 36.69% |
Metal shielding | 1456.47 | 16.50% |
Conductive polymers | 1031.89 | 11.69% |
EMI/EMC filters | 2367.43 | 26.82% |
5 Global EMI Shielding Market Size and Share by Application in 2024
Consumer electronics is one of the largest application segments for EMI Shielding. In 2024, this segment is expected to reach 2,787.60 million USD. The increasing demand for smaller, more powerful devices such as smartphones, tablets, and wearable technology drives the need for effective EMI Shielding to prevent interference and ensure optimal performance.
The Telecom & IT sector is another significant application area for EMI Shielding. In 2024, the market for EMI Shielding in this segment is projected to be 835.05 million USD. The rapid deployment of 5G networks and the increasing number of data centers require robust EMI Shielding to prevent signal interference and ensure reliable communication.
The automotive industry is a growing application area for EMI Shielding, driven by the increasing use of electronic components in vehicles. In 2024, the market for EMI Shielding in the automotive sector is expected to reach 2,506.90 million USD. The rise of electric vehicles (EVs) and advanced driver-assistance systems (ADAS) has increased the demand for EMI Shielding to protect critical electronic systems from interference.
The healthcare industry relies heavily on precise and reliable electronic devices, making EMI Shielding crucial for medical equipment. In 2024, the market for EMI Shielding in healthcare is projected to be 573.76 million USD. Devices such as MRI machines, CT scanners, and pacemakers require high levels of EMI protection to ensure accurate diagnostics and patient safety.
Table Global EMI Shielding Market Size and Share by Application in 2024
Application | Market Size (M USD) 2024 | Market Share 2024 |
Consumer electronics | 2787.60 | 31.58% |
Telecom & IT | 835.05 | 9.46% |
Automotive | 2506.90 | 28.40% |
Healthcare | 573.76 | 6.50% |
Aerospace & defense | 1778.66 | 20.15% |
Others | 345.14 | 3.91% |
6 Global EMI Shielding Market Size by Region in 2024
The United States is a major player in the global EMI Shielding market, driven by advanced technological infrastructure and a strong presence of leading manufacturers. In 2024, the EMI Shielding market in the United States is projected to reach 2499 million USD. The growth in this region is primarily driven by the automotive and consumer electronics sectors. The increasing adoption of electric vehicles (EVs) and advanced driver-assistance systems (ADAS) has significantly increased the demand for EMI Shielding solutions.
Europe is another significant region in the global EMI Shielding market, with a projected market value of 1938.4 million USD in 2024. The European market is characterized by strong demand from the automotive and aerospace industries. Countries such as Germany, the UK, and France are major contributors to this market, driven by their advanced manufacturing capabilities and stringent regulatory standards.
China is the largest market for EMI Shielding in the Asia-Pacific region and a significant contributor to the global market. In 2024, the EMI Shielding market in China is projected to reach 1719.5 million USD. The rapid industrialization and technological advancements in China have driven significant growth in the EMI Shielding market.
The consumer electronics sector is a major driver of EMI Shielding demand in China, with companies like Huawei and Xiaomi leading the way in innovation. The increasing production of smartphones, tablets, and other electronic devices has created a high demand for effective EMI Shielding solutions.
Figure Global EMI Shielding Market Size by Region in 2024
7 Major Players in Global EMI Shielding Market
7.1 Parker-Hannifin Corporation
Company Profile:
Parker-Hannifin Corporation, founded in 1917, is a global leader in motion and control technologies. Headquartered in Cleveland, Ohio, the company operates in North America, Europe, and Asia, with a worldwide sales network. Parker-Hannifin is renowned for its precision-engineered solutions across various industries, including aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding.
Business Overview:
Parker-Hannifin’s business is centered around providing innovative solutions for motion and control technologies. The company’s EMI Shielding products include a wide range of applications, such as EMI gaskets, shielded windows, shielded honeycomb air vents, cable shielding products, grounding solutions, shielding laminates, and metal foil tapes. These products are designed to protect electronic devices from electromagnetic interference, ensuring reliable performance in critical applications.
Product Overview:
Parker-Hannifin’s EMI Shielding product line is extensive, featuring conductive adhesives, coatings, sealants, greases, and inks, as well as conductive plastics. These products are used in various industries, including automotive, aerospace, and consumer electronics, to provide effective EMI protection. The company’s commitment to innovation ensures that its products meet the highest standards of quality and performance.
Recent Financial Performance:
In the most recent fiscal year, Parker-Hannifin reported an EMI Shielding revenue of 809.64 million USD, with a gross margin of 29.69%.
7.2 HENKEL AG & Co. KGaA
Company Profile:
HENKEL, founded in 1876, is a multinational company headquartered in Düsseldorf, Germany. The company operates in three main business units: Adhesive Technologies, Beauty Care, and Laundry & Home Care. HENKEL is a global leader in adhesives, with a strong presence in both consumer and industrial markets. The company’s Adhesive Technologies division is particularly notable for its innovative solutions in EMI Shielding.
Business Overview:
HENKEL’s business focuses on providing high-quality adhesive solutions for various industries. The company’s EMI Shielding products include conductive coatings and paints, which are designed to provide electromagnetic compatibility (EMC) and protect electronic devices from interference. HENKEL’s products are widely used in consumer electronics, telecommunications, and automotive industries, ensuring reliable performance and compliance with regulatory standards.
Product Overview:
HENKEL’s EMI Shielding product line includes LOCTITE® EDAG 1415M E&C, a thermoplastic shielding conductive coating. This product is designed to maintain low resistance even after exposure to environmental factors and does not require a primer or top coat. It can be easily applied by spray or brush, making it a versatile solution for various applications.
Recent Financial Performance:
In the most recent fiscal year, HENKEL reported an EMI Shielding revenue of 611.49 million USD, with a gross margin of 28.26%.
7.3 Laird Performance Materials
Company Profile:
Laird Performance Materials, founded in 1824, is a global leader in providing innovative protection solutions for electronic devices. The company is headquartered in London, UK, and operates manufacturing facilities in Asia and North America. Laird Performance Materials became part of DuPont’s Electronics & Industrial segment in July 2021, further strengthening its position in the market.
Business Overview:
Laird Performance Materials specializes in creating innovative solutions for EMI Shielding and thermal management. The company’s products are used in various industries, including automotive, aerospace, defense, medical, computing, and telecommunications. Laird’s EMI Shielding solutions include tapes, laminates, conductive fabrics, and shielding enclosures, designed to provide superior protection against electromagnetic interference.
Product Overview:
Laird’s EMI Shielding product line includes a range of conductive tapes and laminates, such as nickel/copper metallized fabric tapes, which offer exceptional shielding and flexibility. The company also provides conductive transfer adhesives and double-sided conductive fabric tapes, designed to provide high conductivity and reliable EMI protection.
Recent Financial Performance:
In the most recent fiscal year, Laird Performance Materials reported an EMI Shielding revenue of 399.16 million USD, with a gross margin of 29.35%.