EMI Shielding Market by Component (EMI Shielding Tapes & Laminates, Conductive Coatings and Paints, Metal Shielding Products, Conductive Polymers, EMI Filters), Method (Radiation, Conduction), Industry (Consumer Electronics, Telecom & IT, Automotive, Healthcare, Defense & Aerospace), and Geography - Global Forecast to 2022
“EMI shielding market is expected to exhibit significant growth potential between 2017 and 2022”
The EMI shielding market is expected to be valued at USD 7.38 billion by 2022, growing at a CAGR of 5.68% between 2017 and 2022. The key driving factors for the growth of the EMI shielding market are the acceleration in the deployment of 4G/LTE cellular infrastructure worldwide and stringent EMI regulations.
“EMI shielding market for tapes and laminates is expected to grow at the highest rate between 2017 and 2022”
EMI shielding tapes are widely used to seal individual electronic cabinets, cabinet doors, panels, and cables. The market for EMI shielding tapes is expected to grow at the highest rate as they are economical solutions that provide excellent conductivity and conformability, better abrasion and corrosion resistance, and strong adhesion. Shielding tapes are designed to contain interference caused by the signals emitted from electronic circuits. EMI shielding tapes with pressure-sensitive adhesives provide ease of installation, thus save the labor cost.
“Consumer electronics to account for the largest share of the overall EMI shielding market”
Proliferation in the consumer electronics market, inclusion of new product categories such as wearable devices along with the associated EMI shielding regulations are some major factors that make consumer electronics as the largest segment in the EMI shielding market. The combination of digital and analog circuitry in close proximity generally results in electromagnetic interference (EMI), which, in turn, leads to performance degradation and malfunctioning of the device. Hence, it is essential to ensure that the device under use must be EMI protected which imposes the need to do EMI shielding.
“APAC accounted for the largest share of the EMI shielding market in 2016”
Asia Pacific held the largest market share in 2016. Ever-increasing use of electronic systems in the automotive sector, advancements in the cellular infrastructure, and rising demand for consumer electronic products have fueled the growth of the said market in Asia Pacific. Various shielding materials such as EMI shielding tapes, conductive coatings, conductive polymers, filters, and metal enclosures are used to make the device and system electromagnetically compliant.
Break-up of the profiles of primary participants for the report has been given below:
By Company Type: Tier 1 – 30%, Tier 2 – 35%, and Tier 3 – 35%
By Designation: C–Level Executives – 55%, Directors– 30%, Others-15%
By Region: North America - 20%, Europe – 35%, APAC – 35%, and RoW – 10%
The major players involved in this market include Chomerics (U.S.), Laird Plc. (U.K.), PPG Industries Inc. (U.S.), Henkel AG & Co. KGaA (Germany), and RTP Company (U.S.). The other players in this market include 3M Company (U.S.), Kitagawa Industries Co., Ltd. (Japan), Schaffner Holding AG (Switzerland), ETS-Lindgren (U.S.), Tech-Etch Inc. (U.S.), and Leader Tech Inc. (U.S.).
The research report on the global EMI shielding market covers different segments, namely, component, method, industry, and geography. The market has been segmented on the basis of component into EMI shielding tapes and laminates, conductive coatings and paints, metal shielding, conductive polymers, EMI/EMC filters, and so on. Also, the EMI shielding market has been classified based on method into radiation and conduction. Further, the EMI shielding market has been segmented on the basis of industry into consumer electronics, telecom and IT, automotive, healthcare, and defense and aerospace. The report covers four major geographical regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market based on component, method, industry, and geography have been conducted to give an overall view of the EMI shielding market.
The Porter’s five forces framework has been utilized along with the value chain analysis and market regulations and standards to provide an in-depth insight into the EMI shielding market.
The major drivers, restraints, opportunities, and challenges for the EMI shielding market have been detailed in this report.
The report includes a detailed competitive landscape along with key players, in-depth analysis, and revenue of key players.
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