With the progress of the information age, there has been an increase in the use of electronics for data processing and communication. These factors are acting as the guiding force for the acceleration of the growth trajectory for the EMI shielding market. Such a scenario has propelled the need for EMI shielding. Without the EMI shielding, disturbances caused by electronic transmissions such as lightning strikes, and solar flares, would be frequent occurrences.
That said, factors such as the acceleration of 4G and 5G infrastructure deployment, the proliferation of AI-use cases, growing applications of electronic components in automotive, and the rising prominence of electric and hybrid vehicles, have boosted the demand for EMI shielding.These arrays of electronic devices could cause electromagnetic interference (EMI) by interfering with each other.
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Rising Adoption of Consumer Electronics Due to an Increase in Disposable Income Aids in Market Expansion
Rapid industrialisation around the world has led to the growing applications of EMI shielding. EMI shielding is required for various reasons including increasing clock frequencies, packaging density, faster slew rates, and high demand for smaller, lighter, cheaper, and low-power devices. Another factor spurring the demand for EMI shielding is the growing sales of electronic devices such as mobile phones and navigation systems. Against this backdrop, a steady rise in disposable income is enabling the EMI shielding market to maintain its substantial momentum. Considering this, it is likely that the global EMI shielding market will eventually reach sound maturity over the forecast period.
Paced Demand for Conductive Coatings and Paints Drives EMI Shielding Market Growth
The rising demand for conductive coatings and paints owing to the growing use of plastic electronics is providing impetus to the EMI shielding market growth. In order to prevent electromagnetic interference, materials such as nickel, graphite, and silver-coated copper are used to build a conductive shield around the casing. Key factors such as growing per capita income, rising urbanisation, and industrialisation are responsible for the extensive use of the conductive coating. Expanding consumer electronics has also generated numerous applications for conductive coatings. These coatings are used in various gadgets including calculators, radios, LCDs, electronic displays, and touch panels. Conductive coating is also applied over plastic housings and casings to enable static charge dissipation and EMI shielding.
Asia Pacific to Maintain its Lead in Global EMI Shielding Market Amid Expanding Consumer Base for Smartphones
Over the forecast period, Asia Pacific is projected to gain a competitive edge in the global EMI shielding market. The incorporation of electronic systems in the automotive industry, and continuous advancements in wireless cellular infrastructure is creating inroads into the EMI shielding market. Moreover, the region also encompasses two most populated nations in the world, India and China. Owing to the large populations in these areas, the region has a high adoption rate of smartphones and subsequently, mobile data services. As a result of this, Asia Pacific’s EMI shielding market is projected to expand at an unabated rate.
Leading Market Players
Some of the prominent players in the EMI shielding market include Laird Technologies Inc., 3M Company, RTP Company, Marktek Inc., Huntsman International LLC, Tech-Etch, Inc., Omega Shielding Products, ETS-Lindgren, SCHAFFNER HOLDING AG, HEICO Corporation, PPG Industries, Parker Hannifin Corporation, and Henkel AG and Co. KGaA.
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