EMI Shielding Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
EMI Shielding Market is segmented By Type (Tapes & Laminates, Conductive Polymers, Conductive Coatings & Paints, Metal Shielding, EMI/EMC Filters), By....
EMI Shielding Market Size
Market Size in USD
CAGR6.9%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 6.9% |
| Market Concentration | Medium |
| Major Players | Sealing Devices Inc., Captor Corporation, Seal Science, Inc., Schaffner Holding AG, Henkel AG & Co. KGaA |
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EMI Shielding Market Analysis
The Global EMI Shielding Market is estimated to be valued at USD 7.5 Bn in 2024 and is expected to reach USD 12.9 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031. This steady growth can be attributed to the expansion of industries such as automotive, healthcare, and consumer electronics which require highly efficient EMI shielding solutions to operate optimally.
Over the years, the demand for effective electromagnetic interference shielding solutions to filter radio waves and noise generated from electronic equipment has grown significantly. The rising adoption of connected and autonomous devices has introduced critical interference issues that require specialized EMI shielding techniques. Additionally, stringent regulation for product electromagnetic compatibility added by government bodies worldwide has compelled manufacturers to invest in advanced EMI shielding systems. This growing emphasis on electromagnetic compatibility across industries is expected to drive the EMI shielding market during the forecast period.