Overview and Scope
EMI (electromagnetic interference) shielding is the technique of creating a barrier that reduces or prevents the leakage of strong electromagnetic fields that can interfere with sensitive devices and signals. Electromagnetic interference (EMI) is unwanted noise or interference in an electrical conduit or circuit produced by an outside source.
Sizing and Forecast
The emit shielding market size has grown strongly in recent years. It will grow from $6.56 billion in 2023 to $6.94 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to increasing electronic device usage, rising telecommunication infrastructure, advancements in automotive electronics, wireless technology proliferation, increasing miniaturization of electronics.
The emit shielding market size is expected to see strong growth in the next few years. It will grow to $8.7 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to rapid growth in 5G technology, expansion of the Internet of Things (IoT), increasing electrification in vehicles, higher adoption of wearable devices, growing aerospace and defense applications. Major trends in the forecast period include stringent emit regulations, growth in aerospace and defense applications, focus on sustainable emit shielding materials, integration of emit shielding in PCB design.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/emi-shielding-global-market-report
Segmentation & Regional Insights
The EMI shielding market covered in this report is segmented –
1) By Methods: Radiation, Conduction
2) By Material: Conductive Coatings And Paints, Conductive Polymers, Metal Shielding, EMI And EMC Filters, EMI Shielding Tapes And Laminates
3) By End Use Industry: Consumer Electronics, Automotive, Telecommunications And Information Technology, Healthcare, Aerospace, Other End Users
Asia-Pacific was the largest region in the EMI shielding market in 2023. The regions covered in the emi shielding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8962&type=smp
Major Driver Impacting Market Growth
The growing demand for consumer electronics is expected to boost the growth of the EMI shielding market going forward. Consumer electronics are any electronic devices designed to be purchased and used by end users, or consumers, for daily and non-commercial or professional purposes. In electronic devices and equipment, EMI shielding refers to the use of manufacturing processes and materials to shield signals from interference from outside electromagnetic signals as well as from generated signals interfering with nearby components. EMI shielding in consumer electronics is used in flat-screen displays, desktop, laptop, and server computers, as well as portable electronic devices such as GPS units and cell phones. For instance, according to the Consumer Technology Association (CTA), a US-based standard-setting and trade organization, revenue for the US consumer electronics sector is projected to reach a record $505 billion in 2022. The estimates show a 2.8% increase in revenue over the outstanding 9.6% growth over 2020 in 2021. Furthermore, according to Eurostat, a UK-based directorate general of the European Commission, high-tech goods made up 18% of all exports and 19% of all imports into the EU in 2021, and the sale of high-tech goods climbed from €258 billion ($274 Billion) in 2011 to €368 billion ($293 Billion) in 2021. Therefore, the growing demand for consumer electronics is driving the growth of the EMI shielding market.
Key Industry Players
Major companies operating in the emi shielding market report are Saint-Gobain S.A., 3M Company, Henkel AG & Co. KGaA, TDK Corporation, PPG Industries, Inc., TE Connectivity Ltd., Parker-Hannifin Corporation, Emcor Technologies, Huntsman International LLC, W. L. Gore & Associates, Inc., Molex, LLC, HEICO Corporation, Kitagawa Industries Co. Ltd., Chomerics, RTP Company Inc., Laird Technologies Inc., Schaffner Holding AG, Tech Etch Inc., Sealing Devices Inc., Greene Rubber Company, ETS-Lindgren, Inc., Intermark USA, Inc., Leader Tech Inc., Orbel Corporation, Omega Shielding Products Inc., Spira Manufacturing Corporation, Magnetic Shield Corporation, EMI Solutions Pvt. Ltd., Zippertubing Company, Marktek Inc.
The emi shielding market report table of contents includes:
1. Executive Summary
2. EMI Shielding Market Characteristics
3. EMI Shielding Market Trends And Strategies
4. EMI Shielding Market – Macro Economic Scenario
5. Global EMI Shielding Market Size and Growth
…
32. Global EMI Shielding Market Competitive Benchmarking
33. Global EMI Shielding Market Competitive Dashboard
34. Key Mergers And Acquisitions In The EMI Shielding Market
35.EMI Shielding Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
